Shaun Kubendran Pillay

Shaun Kubendran Pillay

Skills

Skills

Microsoft Office

IDU

Microsoft Excel

Caseware

Pastel

Qlikview

Microsoft Word

Interest

-Boating / Water sport – Category E Skippers license (SAMSA accredited)

-Gym

-Golf(18 handicap) – (Member Observatory Golf Club)

-Fishing – Member of SHACSA (Specie Hunters Angling Club of South Africa)

-Music – Play guitar and drums – (Member of Rhema South Family Church Academy of Arts)

-Off road biking

Reference from Frans Nel on Linkedin

"Working with Shaun was an absolute treat! As a marketer, we are often thought of by anyone in finance as a mere overhead and expense that has no real impact on the bottom-line. Shaun is NOT that narrow-minded, in fact he has an acute understanding of the business and applies his acumen in a manner that is both supportive and effective in achieving the business strategy. Having a business mind rather than just simply applying accounting and budgeting practices but having a critical eye for what makes business sense is a quality I have not encountered too often as a marketer and I can truly say, in Shaun I found this rare and thus highly sought-after quality.

I can highly recommend Shaun to any business owner or CEO/CFO that is in search of a true finance brain and with a personality!I am available for any comments you may wish to glean in regards to Shaun.''

Reference from Professor Humphrey Gowar on Linkedin

"Shaun was an excellent hardworking student with motivated personality and should be successful in his future endeavors."

Work History

Work History
May 2011 - Present

Budget /Management Accountant

CIB Insurance

BUDGETING

  • Management of entire company Budget i.e. Company /Branches/Franchises/JV`s
  • Preparation of budgets in conjunction with department and business unit managers

FORECASTING

  • Monthly preparation and update of forecast and rolling estimates

REPORTING 

  • Monthly review and reporting of budget versus actuals.
  • Monthly reporting of variances actuals vs. budgets
  • Monthly reporting of forecasts (including cash flow)
  • Monthly reporting and analysis of key results and ratios on Qlikview
  • Monthly Reporting of management accounts
  • Assist with preparation of monthly underwriting reports

REVIEWING 

  • Monthly review of data resulting from integration of systems to ensure accuracy
  • Regular review and administration of users, data, accounts etc. on budget software (IDU)

GENERAL 

  • Facilitation of budget presentations and meetings
  • Member on CIB budget committee
  • Develop, evaluate, and revise budgetary expenditure, policies and procedures, also make  recommendations and implementation of new policies to improve budget practices.
  • Monitor expenditure for adherence to budgetary constraints andcontrols
  • General assistance with all admin functions in finance department

DEBTORS / CREDITORS 

  • General supervision of finance department creditors and debtors personnel to ensure correct capture and allocation of income and expenses to various cost centers
  • General supervision of finance department debtors and creditors personnel to ensure correct ageing and periodic allocations.

EXPERIENCE GAINED 

  • Financial Management and preparation of multi cost centre budgets
  • Business intelligence development exposure - Qlikview
  • Business analysis
  • Qlikview experience - successfully developed and implemented 2 analytics models
  • IDU budget software
  • Exposure to entire insurance business dealt with managers from all the departments on finance and budget issues
  • Optimal functioning in a deadline driven environment
  • People management
  • Attended Qlikview Design course
Jun 2009 - Apr 2011

Finance and Operations Manager

Debonairs Pizza Northcliff & Banbury Cross

OPERATIONS MANAGEMENT 

  • Managed overall operations and financial functions of the business units daily
  • Oversee daily duties of managers and staff at branches

FINANCE 

  • Performed due diligence for acquisitions of new businesses
  • This included raising the capital and coordinating and arranging the finance facilities with the banks.
  • As well as drafting and editing of the purchase and sale agreements with the attorney’s.
  • Performed all the valuations and was a part of the negotiations that successfully closed the  acquisition deals.
  • Overseen revamp of the new acquisitions

FIXED ASSETS

  • Fixed asset register set up and maintenance

FINANCIAL ACCOUNTING

  • Performed all statutory financial functions
  • Submission of SARS returns – VAT/PAYE/UIF/SDL
  • Prepared audit packs for 2009/2010
  • Full finance function and reporting and recording

PAYROLL 

  • Setup of payroll system from scratch new implantation
  • Management of monthly payroll

INTERNAL CONTROL 

  • Performed various internal audits and compiled reports for management reviews
  • Designed and implemented all internal controls
  • Designed and performed various control tests to determine that controls functioned as intended.

STOCK MANAGEMENT / CONTROL 

  • Stock management and control
  • Includes ordering of stock
  • Implemented EOQ model
  • Overseen receiving process
  • Stock warehousing procedure
  • Security over stock

FINANCIAL MANAGEMENT 

  • Cash flow management and control
  • Revenue management and control
  • Budgeting / Forecasting
  • Variance analysis
  • Management accounts and reporting
  • Performed all financial analysis and reviews of key result areas

MARKETING MANAGEMENT 

  • Management of local marketing campaigns (BTL)
  • Management of in store promotions
  • Management of sales targets and budgets

EXPERIENCE GAINED 

  • Effective time management and scheduling of staff
  • Gained the ability to see the “big picture” in business
  • Exposure to marketing and operations
  • Management of budgets
  • Fixed asset management – asset register management, acquisitions and disposals
  • Cash flow management
  • Corporate finance and transaction management exposure (due diligence on new acquisition)
  • Business relationship building and maintenance with bankers and stakeholders
  • Analytics – financial and business
  • Business performance management
  • Franchising and royalty management
Jan 2006 - May 2009

Trainee accountant (3 year Articles Contract SAICA)

Horwath Crowe International Chartered Accountants (SA)

  • Statutory audits of various clients 
  • Forensic audits of various clients 
  • Specialized engagements - accounting and tax 
  • Preparation of client annual financial statements 
  • Ensuring IFRS compliance of client financials 
  • Been exposed to a variety of clients in various industries
  • Industries include-  Hotel, tourism & leisure; Electronics; Aviation; Manufacturing; Insurance;  Industrial services & Engineering; Information Technology; Precious metals & Mining; Motor Industry; Various retail concerns; Horse Racing; Gambling and Sports Betting; Fuel & Oil retailing; Property; Transport; Telecoms
 EXPERIENCE GAINED 

  • Managing audit teams in final year (Auditor in charge)
  • Planning and execution of audits (Including drafting of planning memorandum)
  • Supervision and review of critical balances
  • Supervision of entire audit team staff
  • Coaching, mentoring and on the job training of junior engagement team members
  • Reporting to management on material weaknesses on internal control
  • Audit of material account balances
  • Managing client relationships
  • Planning meetings with audit engagement team and client staff
  • Preparation of audit budgets
  • Drawing up client system descriptions
  • Evaluation of client internal control systems
  • Identifying weaknesses in the client’s internal control system, possible consequences of these weaknesses and to make practical recommendations to client to mitigate weakness
  • Determining the most efficient audit approach and developing and documenting an overall audit plan
  • Design and performance of substantive audit procedures
  • Performance of analytical reviews on client data
  • Explaining, drafting and effecting correcting journal entries
  • Correctly applying IAS ( International Accounting Standards) and Companies Act requirements to specific situations and transactions at clients
  • Performing reconciliations between control accounts and subsidiary ledgers
  • Preparation and review of client statutory records
  • Performance and review of income tax calculations for accounting purposes and completion of income tax return
  • Evaluation and concluding on audit findings
  • Reporting to client management and audit partner on audit findings
  • Proficient on Caseware (Audit software)
  • Drafting financial statements
  • Proficient on all Microsoft Office packages (Excel, word, powerpoint etc.)
 

Education

Education
Dec 1997 - Present

Matriculated

Glenvista High School

-  Prefect

-  SRC Treasurer

-  Captain Athletics Team

1998 - 1999

Certificate in Exercise Science

Health and Fitness Professionals

References

References

Frans Nel

Natalie Gonen

Tshepo Mataboge