Faheem Asmalgee

Faheem Asmalgee

Work History

Work History
Jan 2010 - Present

Sector/ JV Accountant

SSI Engineers and Environmental Consultants (PTY) Ltd

§Assist Sector Finance Manager with Project related reporting.

§Administration and Support of offshore Company’s Financial Administration.

§Reconciliation of joint Venture Projects.

§Maintenance of Joint Venture Projects.

§Structuring of Joint Venture Projects in accordance with contractual Agreement.

§Support Sector Project Administrators.

§Review and advise upon more efficient internal processes.

§Monthly reporting on Project Performance

§Mentoring and assistance of Project Administrators.

§Preparation of Audit Pack for JV Financial Audit.

Aug 2008 - Jan 2010

Project Administrator

SSI Engineers & Environmental Consultants

§Maintenance of Projects.

§Generating of Projects.

§Billing of Projects.

§Assisted with preparation and reporting of Joint Venture Projects.

§Preparation of Project Plans.

§Debtors Collections.

§Analysis of Project Cost Accounts.

§Analysis of Project Revenue Accounts

§Project Reporting.

§Analysis and reporting of Gross Profit Achieved per project

Dec 2005 - Jul 2008

Assistant Accountant

Tongaat Hulett Starch

§Review and assessment of exports processes and implementation of efficient, cost effective and controlled processes.

§Review, assessment and calculation of commissions and rebates due to customers and agents.

§Reconciliation of Exports Related Suppliers.

§Preparation of financial year end close, which involved Tax pack preparations, Ombudsman reports and year end schedules.

§Compilation of year end tax pack on expenses for the Divisional Financial Manager.

§Analysis and reconciliation of various expense accounts.

§Maintenance of CFC accounts held with banks.

§Provided assistance to the finance department on various areas with regard to Implementation of cost effective and efficient cost recognition techniques.

§Maintenance of FEC contracts and preparation of weekly FEC reports.

§Reconciliation and analysis of Balance sheet accounts.

§Monthly preparation of Profitability Variance Analysis reports.

§Monthly preparation of management accounts for overseas Subsidiary.

§Assisted the Financial Accountant with quarterly and Annual fixed cost budget preparations.

§Daily Cashflow Preparation.

§Maintenance of Company credit card claims.

§Maintenance of Petty Cash.

§Maintenance of Expense Claims for both local and overseas travel.

§Preparation of monthly Salaries Journal for overseas Subsidiary.

§Maintenance of overseas subsidiary's financial records up to Balance Sheet.

§Preparation of Foreign Payments.

§

Improved the quality of the internal filing system.
Oct 2004 - Nov 2005

Accounts Department

Masstores t/a Makro Crown Mines

§Was involved in the Management of 5 staff members with minimal experience in the field of accountancy, which involved training, motivation and development of the respective staff members.

§Analysis of costs incurred against consistency, budget and materiality.

§Day to day responsibilities involved analysis of cashier shortages, auditing of the in-store cash office, review of staff competencies against day to day responsibilities. Provide assistance to staff where and when required.

§Implemented computerized processes within the department to enhance operational efficiencies.

§Monthly review of actual costs vs. budget, and addressing of variations thereof.

§Reconciliation of balance sheet accounts.

§Maintenance of Insurance accounts.

§Monthly reporting of costs to the executive management.

§Auditing of Petty Cash and other accounts for testing staff’s compliance to company processes

Aug 2000 - Sep 2004

GTSS Finance Clerk/ Analyst

Motorola Southern Africa (Pty) Ltd

§Was involved in the setup of financial records of the Nigerian entity.

§Maintenance of Sub-contractor accounts.

§Review, assessment and calculation of commission agents dues.

§Assisted the Financial Controllers with month end analysis.

§Analysis of Forex gains/ Losses on various balance sheet accounts.

§Implemented excel based templates for journalizing cash book entries for the Nigerian entity.

§Provided assistance to the various staff members within the accounts department for the Nigerian entity.

§Maintenance and reconciliation of the Nigerian entity's as well as other Ad Hoc entities balance sheet accounts.

Mar 2000 - Jun 2002

Data Capturer/ Office Assistant

Pravin Chiba, Magan & Associates

§Capturing of clients financial records in the format required by the registrar of c.c's.

§Capturing of various clients financial records to build a set of financials.

§Implementation of computerized accounting software at various clients entity's.

§Training clients on using the computerized accounting software.

§Ad Hoc office administration.

Education

Education
Apr 2002 - Present

CMA

Chartered Institute of Management Accountants
Jan 1995 - Dec 1999

Maticulated

William Hills High School

Subjects Completed:

English

Afrikaans

Mathematics

Physical Science

Biology

Accounting

Examples of My skills

Skills

Skills

SAP R3

- Ability to customiz Dashboard Layouts for ease of Access - Ability to customise reports FBL1N, FBL3N, FBL5N, KE30, Balance Sheet, Income Statement, General Ledger etc Ability to use various transactions within the system - ME22N, ME23N, ME24N, FB50, FB30, Excel Based Mass Upload Journal entry Interface

SAP R3 System

I was given the task by executive management in my sixth month on the JOB to audit the cost recognition method linked to the Purchase ordering system. Through this audit I was able to highlight various understatements at different stages within the process. I was granted the opportunity to further fine tune the system configuration in roder to rectify/ reduce these understatements significantly.

Microsoft Excel

Ability to Develop Reporting templates, and input schedules with reduced Input  sheets, as well as structuring formulas in a manner that reduces the amount of time taken to input/ update/ link/ format time.

Objective

To Gain As much experience as possible within the field of Management Accountancy, and to further develop my career in terms of Finance and accountancy in a more supervisory/ management level.

Interest

I enjoy reading, watching Documentaries (Discovery and NAT GEO Channel Addict). I enjoy swimming, and Nature.

References

References

Pieter De Villiers

Prakash Ramlal

Ayoob Khan