Deshan Naidoo (MBA, PGDipBM, PGDipGM, ILDP)

Experience

• 

  Panasonic South Africa

  Jan 2002 - Jan 2003

  Financial Services Administrator
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  Builders: Warehouse, Express, Trade Depot, Superstore

  Jan 2003 - Jan 2004

  Receiving of invoices.Batching of invoices.Electronic matching of invoices against GRVs.Raising claims – overcharges & stock related.Reconciliation of creditor’s accounts Batching of invoices.Electronic matching of invoices against GRVs.Raising claims – overcharges & stock related.Reconciliation of creditor’s accounts.

  • Accounts Payable Accountant

    Jan 2004 - Jan 2004

  • Accounts Payable Accountant

    Jan 2003 - Jan 2004
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  Tiger Brands

  Jan 2004 - Jan 2004

  Credit Controller

  Receipting of payments.Capturing of journals.Preparing claims for distribution (overcharges & stock related)Extracting of PODs.Printing of invoices.Posting of statements & invoices.Opening of new accounts.Reconciliation of debtor’s accounts.

• 

  Builders: Warehouse, Express, Trade Depot, Superstore

  Jan 2005 - Jan 2010

  Management & completion of the Month End Process.Ensure Accounting records up to Trial Balance.Cash flow management / treasury function.Financial analysis and forecasting.Preparation of Group monthly forecasted financial results.Preparation of the Financial Directors Quarterly Board pack.Consolidating Foreign Entities.Accumulating information required for the daily & weekly cash forecasts to be sent to Holding company (Massmart).Daily sales & gross margin analysis to be sent to Massbuild.Weekly sales analysis to be sent to Massmart.Authorizing all Cheque requisitions.Analysis of branch imprest bank accounts and petty cash and authorizing the reimbursement.Completion of all Statistical returns – (Statistics SA).Analysis & reconciliation of balance sheet accounts on a monthly basis.Monitoring company expenses through detail analysis and interpretation of general ledger accounts.Preparing the accrual listing on a monthly basis.Preparing and processing various standard journals on a monthly basis.Responsible for ensuring accounting information is captured accurately and reliably for management accounts purposes and tax purposes.Preparation of Finance lease schedule.Roll-forward of Inventory balances.Preparing, & detailed analysis of stock valuation recons at stock-take.Assisting branch managers with stock-take related queries & analysis of the variance reports.Preparation and analysis of monthly group management accounts.Reconciliation of the roll forward of Inventory balances.Preparation of the Holding Company (Massmart) management accounts. Show less Analysis & reconciliation of balance sheet accounts on a monthly basis.Reconciliation of creditor’s accounts.Monitoring company expenses through detail analysis of general ledger accounts.Preparing the accrual listing on a monthly basis.Preparing and processing various standard journals on a monthly basis.Preparation of Finance lease schedule.Stock valuation recons at stock-take.Analysis of Sales and Gross Profit.Investigating & resolving all accounting store queries during the month and at month end promptly.Assisting the Financial Manager with preparation and analysis of monthly group management accounts.Preparation of the Massbuild monthly reporting pack.Preparation of the Massmart half & year end reporting packs. Show less

  • Senior Accountant Financial Reporting

    Jan 2007 - Jan 2010

  • Financial Accountant

    Jan 2005 - Jan 2007
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  Massmart

  May 2010 - Jan 2020

  Regional Finance/Admin Manager

  Business process development and re-engineer current processes.Implementation and compliance with Company Policies and Procedures.Conduct full store audits with regards to compliance and risk.Identifying operational areas at store level that require corrective measures.Performing of ad-hoc sectional audits at store level to show compliance. Ensuring that correct procedures are complied with in respect of Suppliers.Ensuring the Debtors Administration is conducted as per the Credit Sales policy and Internal Audit Program.Risk management and mitigation. Process development and implementation. Asset management and control.Follow up with stores to ensure payroll issues are correctly dealt with and correct HR procedures are being followed.Monitor stores shrinkage and damage figures and stock write-offs.Ensuring that regular high risk stock counts are conducted and regular spot checks are performed on all stock locations.Ensuring that stock counts are correctly planned, actioned and authorised.Implementation and Management of OHASA.Performing due diligence requirements on all new acquisitions.Successful completion of special projects such as:New Store DevelopmentsStore Openings / RefurbishmentLiaison with internal & external auditors to ensure that adequate controls and substantive procedures are in place.Monitor and analyse the financial performance of stores against budgets, trends and guidelines.Ensure that all matters pertaining to ethics calls are investigated and concludedKnowledge transfer through training and couching.Ad-hoc and detailed reporting on activities in the region on a monthly basis. Show less

• 

  Plumblink - Proudly Bidvest

  Jan 2020 - now

  Regional Financial Manager