Noel Msuku
Blantyre,BL
Summary
Dynamic Finance Manager with a proven track record at Dairibod Malawi, excelling in budget forecasting and financial analysis. Spearheaded cost-control measures that optimized resource allocation, enhancing operational efficiency. Adept at mentoring teams and fostering collaboration, driving strategic planning initiatives that align with organizational goals. Committed to regulatory compliance and continuous improvement.
Finance professional with extensive background in financial analysis and management. Known for driving process improvements and implementing strategic financial planning. Reliable team player with focus on collaboration and adaptability to changing business needs.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Finance Manager
Dairibod Malawi
Blantyre
12.2017 - Current
- Led financial planning and analysis processes to support strategic decision-making.
- Developed and monitored budgets, ensuring alignment with organizational goals.
- Streamlined reporting processes to enhance accuracy and efficiency for management review.
- Mentored finance team members, fostering professional development and knowledge sharing.
- Analyzed variances in financial performance, providing actionable insights for improvement.
- Implemented cost-control measures that optimized resource allocation across departments.
- Collaborated with cross-functional teams to align financial strategies with operational objectives.
- Managed relationships with external auditors, ensuring compliance and transparency in financial reporting.
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Developed comprehensive financial reports for executive decision-making support.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Conducted financial due diligence on potential investments and acquisitions.
- Created and managed financial models to evaluate corporate investments and acquisitions.
- Designed and maintained financial models to identify and measure risks.
- Established and checked coding procedures, monitored reports and updated internal files.
- Created financial dashboards to provide insights into key performance indicators.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Supported financial director with special projects and additional job duties.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Utilized financial software to prepare consolidated financial statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Complied with established internal controls and policies.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Developed strategic plans for day-to-day financial operations.
- Oversaw successful integration of financial systems post-merger, ensuring seamless transition for all stakeholders.
- Improved stakeholder confidence with detailed financial analysis and transparent communication.
- Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
- Established robust financial controls and policies, significantly reducing risk of fraud and ensuring compliance with financial regulations.
- Conducted comprehensive risk assessments to safeguard assets and ensure regulatory compliance.
- Developed financial models for new business opportunities, supporting strategic expansion and portfolio diversification.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
- Delivered comprehensive financial training programs for non-finance managers, enhancing cross-functional understanding and collaboration.
- Fostered culture of continuous improvement by training team members on financial best practices and software enhancements.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Negotiated with suppliers to improve payment terms, enhancing cash flow management.
- Managed cross-functional teams to streamline project financing, reducing time to market for key products.
- Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
- Improved forecasting accuracy, allowing company to make proactive adjustments with strategic initiatives.
- Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
- Optimized cash flow management, allowing for timely investment and debt reduction.
- Led negotiations for major contracts, achieving favorable terms and significant cost savings.
- Analyzed market trends to advise on potential investment opportunities, aligning with long-term strategic goals.
- Enhanced financial reporting accuracy by implementing advanced software solutions, leading to more informed decision-making processes.
- Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Implemented risk management strategies to protect company assets and minimize losses.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Created organizational structures to improve accounting and finance functions.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
Education
MBA -
ESAMI
Blantyre, Malawi09-2020
Skills
- Budget forecasting
- Financial budgeting
- Customer satisfaction
- Internal controls
- Financial management
- Continuous improvement
- Financial analysis
- Verbal and written communication
- Credit analysis
- Performance analysis
- Customer relationship development
- Regulatory compliance
- Strategic planning
- Coaching and training
- Staff training
- Tax compliance
- Variance analysis
- Project finance
- Cost accounting
- Business forecasting
- Cash flow management
- Investment analysis
- Working capital management
- Departmental oversight
- Mentoring and training
- Business partnering
- Debt management
- Financial modeling
- Performance reviews
- Proficient in SAP4 HANA
- Revenue recognition
- Stakeholder management
- Portfolio management
- Human resources
- KPI management
- Workflow coordination
- Hedge accounting
- Transfer pricing
- GAAP
- IFRS expertise
- Controls system maintenance
- Lending practices
- Deal structuring
- Financing expertise
- Financial audits
- Sustainable business models
- P&L tracking
- Lender relationships
- Electronic contracting
- Financial revenue
- Capital budgeting
- Financial analysis and reporting
- Attention to detail
- Planning and coordination
- Financial reporting
- Budget planning
- Goal setting
- Accounting management
- Prioritizing and planning
- Strategy development
- Decision-making
- Fraud prevention
- Critical thinking
- Risk assessment
- Team building leadership
- Willing to learn
- Internal controls and reporting systems
- Risk analysis
- Business development
- Fundamental payroll certification
- Asset control
- Cash handling expertise
- Data analysis
- Recruitment and hiring
Accomplishments
- Documented and resolved the Customs Audit, which led to New learning and Improved Compliance with Malawi Customs laws and regulations.
Affiliations
ICAM & ACCA
Certification
- CPA - Certified Public Accountant
Timeline
Finance Manager
Dairibod Malawi
12.2017 - Current
MBA -
ESAMI