Modiba Phifadi

Experience

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  Phola Bricks (Pty) Ltd

  May 2017 - Apr 2019

  Bookkeeper

  • Making journal entries for all receipts, payments and other financial transactions• Maintain bookkeeping records, copying and filing information• Produce client billing statements and invoices• Preparing financial statements and budget forecasts• Bank reconciliations• Implement and ensure internal control procedures• Implement continuous review and control systems to monitor the performance of the company, its flows of funds, and adhere to budgets

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  Deloitte

  May 2019 - Jul 2021

  Accountant

  • Manage billing based on the project plan and instructions from business• Perform first-level revenue analysis and combined with cost analysis from the general accounting accountant, provides feedback to service line business partner on the results• Enforcing compliance with financial and management accounting controls and principles• Reviewing budgets, including staffing, work plans, and fee structures.• Provide assistance and system training to project leaders on SAP activities relating to WIP and revenue reviews, rebates, provisions, and revenue recognition reconciliations• Effects any required adjustments, based on the instructions from business, to the monthly forecasts to ensure accurate revenue recognition• Analyse financial goals of the project and ensure delivery of all the financial objective of the project - Recommend changes and modifications to systems as required to ensure timeliness, accuracy, and efficiency• Manage the client invoicing process (ensure invoices are generated, review their correctness, sent to clients timeously, and follow up on payments)• Updating contracts according to client requirements and reporting associated budget amendments• Compare remittance advice received to funds received Monitor and report on the financial commitments, risks and opportunities of business units• Maintain relevant income and expenditure for each project• Analyse project expenses and provide reporting and commentary• Maintain project-related records, including contracts and change orders -Review and approve supplier invoices related to projects -Review timesheets for work related to projects• Investigate project variances and submit variance reports to management• Entering financial data such as accruals, deferrals, reclassifications, and interdepartmental entries into the ledger on a monthly basis, as well as preparing reports based on data entered• Performing account analysis to ensure journal entries and balances are correct Show less

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  Ngevangeva PNC (Pty) Ltd

  Sept 2021 - Sept 2022

  Finance & Operations Manager

  • Implement and manage the finance, accounting, internal control and compliance functions, continuously ensuring that standards are high• Analyse, report and communicate company financial information to ensure best decisions are being made across the company• Produce monthly management accounts, including balance sheet, income statement, and supporting schedules• Prepare Budget Vs Actual reports and report on any variances• Prepare margin analysis calculations per brand• Prepare audit packs and liaise with auditors regarding annual financial statements• Manage company cash and working capital effectively• Ensure all operational activities are conducted in line with company policies• Raise invoices on Pastel Partner and ensure billing cycle is completed• Ensure appropriate controls have been met prior issuing invoices Show less

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  Pegasys Consulting

  Sept 2022 - Dec 2023

  Accountant / Program Coordinator

  • Financial management of projects and programme.• Financial reporting including project profitability.• Contract management -contract preparation and ensuring obligations are adhered to.• Gathering and analyzing data to identify areas for improvement and/or develop solutions to keep projects on budget and on time• Establishing appropriate internal controls and project governance• Project managing system roll out and integration• Support project management – planning, delivery and closure • Supporting design and execution of the implementation process, including business requirement gathering, process documentation and solutions design• Implementing change management strategies, ensuring stakeholders and teams are trained and adjusted to the new process• Contribute delivery of multiple concurrent customer facing transversal projects• Implementation of project management controls• Ensuring quality delivery and customer satisfaction• Customer relationship and expectation management during the engagement lifecycle• Provide clear and accurate management reporting and statistics including accurately forecasting imminent invoicing and future income• Formulation of financial proposals for tender submission• AR/AP functions• Debtor control as it relates to individual projects Show less

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  Huawei

  Dec 2023 - now

  Finance Manager

  • Spearhead pre-sales financial support, influencing critical bidding decisions and developing comprehensive budgets aligned with business objectives.• Manage financial operations for two subsidiaries, optimizing revenue, cost, and liquidity while ensuring compliance with data quality standards, local accounting policies, and audits.• Implement efficient cash planning, robust treasury management strategies, and mitigate foreign exchange risks.• Approve all outgoing payments, cultivate strong vendor relationships, and conduct negotiations to optimize payment terms.• Compile and analyze financial data for accurate reporting, develop financial models for strategic planning, and present findings to senior management.• Lead financial planning strategies, conduct regular financial analyses, and establish effective internal controls.• Implement process improvements, conduct internal audits, and collaborate with cross-functional teams to align financial strategies with overall business goals.• Monitor changes in accounting standards and regulations, collaborating with legal teams to ensure compliance.• Manage the company’s cash position, develop mitigation strategies for financial risks, and evaluate capital structures.• Coordinate budgeting, forecasting, and cash flow planning for both countries, including tracking incoming payments against cash flow.• Collaborate with external auditors, providing necessary information and ensuring successful audit processes.• Act as a key liaison with internal and external stakeholders, including clients and analysts, to communicate financial performance and strategy. Show less