MEKHA PADALIA
Dar es Salaam,Tanzania
Summary
Business-minded Finance Manager promoting more than 10+ years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills. Proactive Finance Manager with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice.
Overview
16
16
years of professional experience
Work History
Finance Manager
ACME SERVICES TANZANIA LIMITED
2021.09 - Current
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Developed strategic plans for day-to-day financial operations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Created organizational structures to improve accounting and finance functions.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Complied with established internal controls and policies.
Senior Accountant
ACME SERVICES TANZANIA LIMITED
2019.03 - 2021.08
- Reviewing bank balance, updating payment tracker, and forwarding tracker to head office on daily basis
- Raising invoices to vendors and following up on payments
- Maintain vendor reports and fill all documents accordingly! Preparing payment for approval and issuing payment via bank transfer to vendors on monthly basis
- Preparing of Daily report which includes AP, AR, SO and PO section and forward to head office
- Participate in weekly and monthly cash forecast and payment plans
- Dealing and preparing all Tax payments, SDL, PAYE, WHT, STAPMDUTY, NSSF, WCF, CSL and VAT filling
- Supporting MD on various activities needed
- Handling petty cash and preparing the vouchers accordingly
- Involving with the Annually Audits task
- Accounting Application - SAP, Tally, Quick Book
- Monthly compliance reporting
- Supporting TRA and internal Audit
- Preparing the monthly reports as CFF, MAR, Payment Tracker
- Supporting the Administration section
- Supporting all Legal aspects and company yearly License and certificates
- Supporting on the Procurement department
- Dealing with all bank issues and finalizing the reports.
Accounts Payable and Reporting Accountant
NETWORKS INDUSTRY & SERVICES (NETIS) DAR ES SALAAM
2018.06 - 2019.02
- Review and verify invoices and check requests, set invoices up for payments
- Uploading all data's into system (QuickBooks)
- Reconcile accounts payable transactions and prepare analysis of accounts and monitor accounts to ensure payments are done according
- Maintain vendor reports and filling
- Supporting CFO on various month end, quarter end and yearly close activities from GL accounting, reconciliation and other activities
- Participate in weekly and monthly cash forecast and payment plans
- Assist in accounting projects or perform other duties as time permit or as needed.
Acting as Senior/Head O&M Accountant
NETWORKS INDUSTRY & SERVICES (NETIS),MWANZA-TANZANIA
2016.08 - 2018.05
- Weekly Cash flow plan for regions after discussion with Admins and region Accountants
- Daily cash transaction for lake zone regions after receiving reports
- Discuss of availability for cash needed in region with CFO
- Cost control analysis and planning (A plan to drastically reduce cost and maintain efficiency)
- Clear Budget for O&M - On /monthly bases, divided by week
- Using of Quick book (Entering invoices Sales, Purchases, payment, journal etc.)
- Handling 5regions Admin also providing and arrange all the needs of Admin regions
- Direct or coordinate the supportive services department of a business, agency, or organization
- Follow the SERVICE NOW process and submit all details to head office
- Follow the O&M internal process to summit the papers related invoicing and others
- Keep ready for any requirements or report of analysis needed in O&M
- Send the weekly update about O&M and regions for analysis.
Branch Accountant and Assistant Administration
SPIDERSAT COMMUNICATION LTD (ITC GLOBAL), MWANZA-TANZANIA
2011.11 - 2016.08
- Participate in case conferences or staff meetings
- Maintaining records of purchase ledger, sales ledger, stock report, cash and bank balance With manual and computerized records
- Handling of outlook (Emails), Handling Banking, Attending clients
- Using of MYOB (Entering invoices Sales, Purchases, payment, journal etc.)
- Arranging all Engineer paperwork for traveling on site(Float, Hardware Release Order, Ticket, Accommodation)
- Analyze internal processes and recommend and implement procedural or policy changes to improve operations
- Coordinate and direct office services, such as records, departmental finances, budget preparation, personnel issues, and housekeeping, to aid executives
- Prepare invoices, reports, memos, letters, financial statements and other documents, using word processing, spreadsheet, database, or presentation software
- Closing up all the materials orders and finalizing them according time needs.
Assistant Accountant
KAMANGA FERRY LIMITED, MWANZA-TANZANIA
2011.03 - 2011.10
- Preparing financial documents such as invoices, bills, and accounts payable and receivable
- Handling Passengers Travel Details and Bookings
- Entering financial information into appropriate software programs Tally / Excel
- Calculation of VAT @18% and send to HO
- Calculation of Provisional Tax
- Managing company ledgers
- Completing purchase orders
- Completing financial reports on a regular basis and providing information to the finance team
- Assisting with budgets
- Completing bank reconciliations
- Processing business expenses and managing day-to-day transactions
- Recording office expenditures and ensuring these expenses are within the set budget
- Assisting the finance department and senior accounting staff members with various tasks, including preparing budgets, records, and statements
- Posting daily receipts
- Preparing monthly budgets and managing monthly budgeting tasks.
Assistant Accountant
FOURWAYS TRAVEL SERVICES, MWANZA-TANZANIA (TNT)
2007.12 - 2011.02
- Assisting all the Client of TNT and dealing with Import and Export of Goods sending through Flights
- Providing Communication between sender and receiver of Parcel and getting Feedback
- Preparing financial documents such as invoices, bills, and accounts payable and receivable
- Entering financial information into appropriate software programs Tally / Excel
- Processing business expenses
- Managing day-to-day transactions
- Recording office expenditures and posting daily receipts.
Education
Certificate of Secondary Education -
LAKE SECONDARY SCHOOL
MWANZA, TANZANIA10.2007
Certificates in Business Administration -
COLLEGE OF BUSINESS EDUCATION
MWANZA, TANZANIA2009
Diploma in Business Administration -
COLLEGE OF BUSINESS EDUCATION
MWANZA, TANZANIA10.2008
Bachelor of Business Administration in Procurement and Logistic Management -
MZUMBE UNIVERSITY, DAR ES SALAAM CAMPUS COLLEGE
Mwanza ,Tanzania10.2011
Skills
- Cost Efficient
- Supplier Relationship
- Proficient in Tally 7.2 / Quickbooks
- Financial Budgeting
- Strategic Planning
- KPI Management
- Cash Flow Management
- Asset Control
- Budget Planning
- Compliance Assessment
- Financial Administration
- Financial analysis and reporting
- Financial Reporting
- Cash handling expertise
- Budget Forecasting
Personal Information
Date of Birth: 05/04/90
Disclaimer
I consider myself familiar with Assistant Aspects. I am also confident of my ability to work in/as a team. I hereby declare that information furnishes above is true to the best of my knowledge and belief.
References
Will be provided upon request.
Languages
Swahili, English, Gujarati, Hindi
Native language
Timeline
Finance Manager
ACME SERVICES TANZANIA LIMITED
2021.09 - Current
Senior Accountant
ACME SERVICES TANZANIA LIMITED
2019.03 - 2021.08
Accounts Payable and Reporting Accountant
NETWORKS INDUSTRY & SERVICES (NETIS) DAR ES SALAAM
2018.06 - 2019.02
Acting as Senior/Head O&M Accountant
NETWORKS INDUSTRY & SERVICES (NETIS),MWANZA-TANZANIA
2016.08 - 2018.05
Branch Accountant and Assistant Administration
SPIDERSAT COMMUNICATION LTD (ITC GLOBAL), MWANZA-TANZANIA
2011.11 - 2016.08
Assistant Accountant
KAMANGA FERRY LIMITED, MWANZA-TANZANIA
2011.03 - 2011.10
Assistant Accountant
FOURWAYS TRAVEL SERVICES, MWANZA-TANZANIA (TNT)
2007.12 - 2011.02
Certificate of Secondary Education -
LAKE SECONDARY SCHOOL
Certificates in Business Administration -
COLLEGE OF BUSINESS EDUCATION
Diploma in Business Administration -
COLLEGE OF BUSINESS EDUCATION
Bachelor of Business Administration in Procurement and Logistic Management -
MZUMBE UNIVERSITY, DAR ES SALAAM CAMPUS COLLEGE
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