Hornest Madzivadondo
Windhoek, Khomas,Namibia
Summary
Accomplished finance executive with a proven track record at companies like Meatco, adept in strategic financial planning and corporate leadership. Expert in enhancing profitability through cost reduction initiatives and skilled in fostering cross-functional team collaboration. Demonstrated success in mergers and acquisitions, contributing to significant organizational growth.
Experienced with guiding financial strategy and organizational growth. Utilizes comprehensive financial analysis to support decision-making and optimize resources. Track record of fostering team collaboration and ensuring compliance with regulatory standards. Financial leader with strong track record in strategic planning, risk management, and financial analysis. Adept at driving financial growth through effective team collaboration and adaptive strategies. Known for reliability, flexibility, and results-driven approach. Skilled in budgeting, forecasting, and regulatory compliance, ensuring fiscal health and organizational success.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Interim Chief Financial Officer
Meatco
03.2024 - Current
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Developed and oversaw yearly budgets and capital structure of company to determine best mix of debt, equity, and internal financing.
- Fostered a culture of continuous improvement within the finance team, encouraging professional development opportunities for staff members.
- Enhanced profitability with cost reduction initiatives, such as renegotiation of supplier contracts and process improvements.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
- Increased cash flow by optimizing working capital management and reducing outstanding receivables.
- Championed effective communication between finance personnel and other departments to facilitate cross-functional collaboration on projects and initiatives.
- Managed complex capital projects from inception through execution, ensuring timely completion within budget constraints and delivering expected returns on investment.
- Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
- Worked effectively in fast-paced environments.
- Organized and detail-oriented with a strong work ethic.
- Demonstrated strong organizational and time management skills while managing multiple projects.
Chief Financial Officer
Lonsa Investment
10.2019 - 02.2024
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Enhanced profitability with cost reduction initiatives, such as renegotiation of supplier contracts and process improvements.
- Devised and presented business plans and forecasts to board of directors.
- Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
- Spearheaded due diligence efforts for potential partnerships or joint ventures, securing mutually beneficial arrangements that supported company growth objectives.
- Ensured accurate financial reporting, maintaining compliance with GAAP, SEC regulations, and internal policies.
- Worked well in a team setting, providing support and guidance.
- Developed and maintained courteous and effective working relationships.
Manager Risk Advisory
Saunderson & Co
03.2016 - 08.2019
- Evaluated employee performance and conveyed constructive feedback to improve skills.
- Accomplished multiple tasks within established timeframes.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Controlled costs to keep business operating within budget and increase profits.
- Leveraged data and analytics to make informed decisions and drive business improvements.
- Managed budgets effectively, ensuring optimal financial performance while investing in necessary resources for business growth.
- Built high-performing teams through effective recruitment, onboarding, and talent development initiatives.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
- Improved safety procedures to create safe working conditions for workers.
- Oversaw inventory management, optimizing stock levels, and reducing waste.
- Coordinated with IT department to upgrade technology infrastructure, enhancing operational efficiency and data security.
Finance Manager
Syntex Technologies
09.2008 - 02.2016
- Created organizational structures to improve accounting and finance functions.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Managed multi million-dollar budgets, ensuring accurate allocation across departments.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Complied with established internal controls and policies.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Finance Manager
Millennium Holdings
01.2006 - 08.2008
- Evaluated existing accounting systems, identifying areas of improvement for increased efficiency and accuracy.
- Maintained policy, procedure and regulatory compliance business-wide.
- Supported year-end audits by preparing physical and digital records for review.
- Enhanced overall financial performance with an introduction of innovative cost-saving initiatives.
- Maintained up-to-date knowledge on industry best practices and applicable regulations to ensure compliance across all aspects of accounting and finance operations.
- Optimized cash flow management, leading to improved liquidity for the organization.
- Reconciled balance sheets and income statements each month.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Complied with established internal controls and policies.
- Utilized financial software to prepare consolidated financial statements.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Conducted thorough financial analyses to evaluate investment opportunities for profitability potential.
- Managed and reduced operational costs through strategic analysis of expenditure and revenue trends.
- Played a crucial role in supporting organizational growth by providing expert financial advice during mergers and acquisitions activities.
- Successfully managed diverse portfolios of assets while mitigating risks and maximizing returns on investments.
- Collaborated with cross-functional teams to identify opportunities for business growth and expansion.
Education
Associate of Arts - ACCA
The Association of Chartered Certified Accountants
London, United Kingdom08-2018
MBA - Business Administration
University of Namibia
Windhoek, Khomas, Namibia04-2017
Skills
- Financial management & policy creation
- Performance metrics analysis
- Mergers and acquisitions experience
- Budget development
- Audit coordination
- ERP system implementation
- Corporate leadership
- Working capital management
- Cash flow management
- Operational decision making
- Fiscal management
- Accounting principles understanding
- Program leadership
- Debt management expertise
- Corporate governance
- Risk management proficiency
- Infrastructure development & planning
- Tax planning and strategy
- Capital raising
- Executive recruitment
- Cross-functional team leadership
- Joint venture development
- Logistical oversight
- Intellectual property management
Affiliations
- Association of Chartered Certified Accountants
- Certified Management Accountant
Certification
CFE, ACAMS, CICRA, CPrac SA & MBA
- Automotive Service Excellence Certification (ASE)
Timeline
Interim Chief Financial Officer
Meatco
03.2024 - Current
Chief Financial Officer
Lonsa Investment
10.2019 - 02.2024
Manager Risk Advisory
Saunderson & Co
03.2016 - 08.2019
Finance Manager
Syntex Technologies
09.2008 - 02.2016
Finance Manager
Millennium Holdings
01.2006 - 08.2008
CFE, ACAMS, CICRA, CPrac SA & MBA
- Automotive Service Excellence Certification (ASE)
Associate of Arts - ACCA
The Association of Chartered Certified Accountants
MBA - Business Administration
University of Namibia
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