Fortune Ruguva

Experience

• 

  Ariston

  Jan 2000 - Nov 2004

  Accountant

  o Financial Reporting (AFS) as per IFRS.o Cashflow forecasting, daily banking reporting, FX management.o Budgeting, Forecasting. o Group taxation, value added tax, paye and income tax. o Product costing, product margin analysis, pricing, and profitability analysis.o Stock counts, stock reconciliation and stock variance root cause analysis.

• 

  Ariston Holding Limited

  Jan 2004 - Oct 2016

  Group Management Accountant

  • Developed and maintained product cost models to establish pricing strategies that enhanced profitability across multiple product lines.• Worked closely with production management to analyze operational costs, identify inefficiencies, and recommend actionable improvements.• Conducted physical inventory counts and reconciled discrepancies, ensuring accuracy in financial reporting.• Assisted in the preparation of annual tax filings and coordinated with external auditors to facilitate the annual audit process.• Conducted yearly physical inventory counts and reconciled discrepancies in financial records, improving inventory accuracy by 30%. • Assisted in the development of annual budgets in collaboration with departmental heads, ensuring alignment with business objectives.• Analyzed manufacturing variances and prepared detailed reports for management, facilitating timely corrective actions.• Maintained and analyzed cost accounts, preparing reports on cost trends to support strategic planning and decision-making.• Assisted in the preparation of monthly financial statements and financial reports for management review.• Supported internal audits by providing documentation and explanations for cost accounting processes. Mostrar menos

• 

  Sinvac Mining Engineering Pty Ltd

  Nov 2016 - Feb 2022

  Management Accountant

  • Lead the financial planning and analysis function, preparing comprehensive annual budgets and quarterly forecasts that align with business objectives.• Conduct detailed cost analysis and variance reporting to identify trends and areas for improvement, resulting in a 15% reduction in manufacturing overhead costs.• Collaborate with cross-functional teams to implement and optimize effective internal controls, improving compliance and accuracy in reporting.• Prepare and present monthly financial reports to senior management and the board, providing actionable insights and strategic recommendations.• Manage tax compliance and strategy, ensuring adherence to federal and state regulations while optimizing tax liabilities. Mostrar menos

• 

  Conlog Metering Solutions Nigeria

  Mar 2022 - Jan 2023

  Corporate Finance Manager

  • Lead financial planning and analysis for the division, developing annual budgets and forecasts that closely align with corporate objectives.• Conduct thorough variance analysis to monitor performance against planned budgets, implementing corrective actions to address discrepancies.• Oversee cost management initiatives that resulted in a 15% reduction in operational costs through improved efficiency and waste reduction.• Prepare accurate and timely financial reports for executive management, providing insights into financial performance and strategic recommendations.• Collaborate with cross-functional teams to support new product development, ensuring financial viability and alignment with market demand.• Developed and implemented financial models to support pricing strategies and assess the profitability of new product lines.• Coordinated the preparation of monthly and quarterly financial reports, presenting findings to senior management to support decision-making.• Managed internal audits and worked closely with external auditors to ensure compliance with regulatory standards and internal policies.• Analyzed operational costs and identified opportunities for cost savings, leading to a 15% increase in profit margins. Mostrar menos

• 

  Africa HPDE Pty Ltd

  Feb 2023 - now

  Financial Controller

  Duties • Prepare and oversee the monthly and annual financial statements, ensuring compliance with GAAP and internal policies.• Conduct detailed cost analysis and variance reporting for manufacturing operations, driving cost control initiatives that reduced overhead expenses by 15%.• Manage annual budgeting and forecasting processes, collaborating with department heads to create realistic financial expectations based on historical data and market trends.• Implement internal controls and procedures to ensure compliance with regulations, resulting in a 30% reduction in audit adjustments.• Lead a team of three accountants in daily financial operations, performance reviews, and professional development.• Supported the budgeting process by providing accurate cost estimates for production and operational activities.• Assisted in the implementation of a new Acumatica ERP system, streamlining financial processes and improving data accuracy.• Assisted with internal audits, ensuring compliance with corporate policies and identifying opportunities for process improvements.• Managed accounts payable and receivable functions, ensuring timely processing and accurate reporting Mostrar menos