Verified Expert in Finance
Blessing is a decisive, versatile, and detail-oriented Charted Certified Accountant (ACCA) with 16 years of experience overseeing accounting functions and enabling clients to maximize value and build sustainable businesses. Her roles include senior financial analyst at Trilogy, CFO at FedEx, and accountant at DHL International. In addition to advancing business plans, Blessing meticulously gathers and analyzes complex data to identify and address discrepancies and opportunities.
Monthly Management Reporting for a Telecom Company
Senior Financial Analyst
- Authored a detailed playbook with best practices that served as a valuable reference for the accounts receivable team.
- Oversaw the reconciliation of intercompany and debtor balances of approximately $1 billion, which improved collaboration across finance functions.
- Automated repetitive tasks within the accounts receivable team, significantly reducing the time spent on collections.
- Performed due diligence to verify financial details of acquisition prospects.
- Reversed fines amounting to $800,000 that tax authorities had erroneously levied in prior years. The reversals were achieved through copious preparation of reconciliation schedules and timely responses to all queries.
- Reduced financial reporting time by five days by fully automating the finance function.
- Led the team that implemented the merger of TNT and FedEx within Zimbabwe.
- Set up and maintained a robust internal control system that led to a cost saving of approximately 30%.
- Conducted due diligence to support the purchase of a small local customs clearing company.
- Performed financial analysis that was vital for the scheme of an arrangement in which a major shareholder acquired the shares of minority shareholders.
- Significantly reduced annual audit fees by $50,000 through meticulous preparation of audit files and timely responses to audit queries.
- Increased gross profit margins by 5% through diligent supplier and operational efficiency management.
- Obtained and managed the company's ISO 9001:2008 certification process.
- Built financial models to drive budgeting and pricing decisions.
- Developed pricing strategies based on competitive analysis, return targets, and revenue and expense projections.
Divisional Finance Manager
- Raised $5 million to recapitalize the business, which involved preparing the necessary financial documentation and sourcing the required approvals.
- Carried out a viability analysis for 52 branches, resulting in the amalgamation of some branches and closure of seven branches.
- Led a project to implement the Sage Pastel Evolution accounting package and migrate from the SYSPRO and Pastel Partner accounting packages. This change reduced the month-end close reporting deadline to five days.
- Hired, managed, and mentored new employees; carried out quarterly performance reviews; and ensured that a succession planning program was in place.
Imara Capital Africa
- Reduced expenses by $200,000+ per year by streamlined several procurement contracts.
- Wrote reports for client distribution, including market commentary, investor positioning, and political risk assessments.
- Collaborated with external auditors to complete timely and successful audits and annual audited financial statements.
Accountant - South, East & Central Africa
- Updated supplier account reconciliations, which had been deemed irreconcilable in prior years.
- Prepared and reviewed monthly management accounts by gathering information from various team members on a tight schedule every month, compiling the results, and reporting within three working days after the month-end close.
- Oversaw standard cost setting, variance reporting, and operational budgets for countries within South, East, and Central Africa.
- Built a dynamic three-statement operating model that included five years of financial projections.
Masters Degree in Leadership
University of South Africa - Pretoria, South Africa
Bachelor's Degree (Hons) in Accounting
University of Zimbabwe - Harare, Zimbabwe
Chartered Financial Accountant (FCCA)
Association of Chartered Certified Accountants (ACCA)