Candice D Adams
Summary
Finance professional with expertise in budget analysis, risk management, and regulatory compliance. Proven leadership and stakeholder engagement skills enhance communication and collaboration across all organizational levels. Proficient in IFRS standards and financial analysis, with a strong track record in management reporting using software such as SAP S/4HANA and QuickBooks. Focused on driving organizational success through strategic financial planning and execution.
Overview
18
18
years of professional experience
4050
4050
years of post-secondary education
Work history
Senior Financial and Management Accountant
Bank Of Namibia
Windhoek, Namibia
11.2020 - 12.2025
- Payment processing: Review and post all assigned payments (domestic/foreign payments) transactions, and ensure that correct amounts are processed and paid to suppliers/stakeholders on time and in line with payment terms. Release payments on the EFT system.
- Vendor reconciliations: Conduct a thorough review and approval of vendor reconciliations and Balance Sheet account reconciliations, ensuring accuracy and compliance. Monitor the timely clearing of GR/IR accounts, assigned purchase accruals, and vendor payments while addressing related queries effectively. Validated the accuracy of goods receipts amounts for designated vendors prior to approval, maintaining seamless financial records.
- Budgeting: Coordinate and supervise the yearly budgeting process across departments. Facilitate yearly training sessions on budgeting procedures. Prepare a comprehensive budget report and presentation for review by the Directors, and submission to the Board for final approval. Monthly monitoring of budgets to ensure no overspending.
- Impairment of financial instruments: Reconcile external managers' statements, run impairment for these on the ECL model, and process necessary journal entries on a quarterly basis.
- Monthly financial statements: Coordinate and supervise the processing of month-end adjustments, journals, and ensure that these are compliant with IFRS requirements. Prepare monthly financial statements for submission to the directors.
- Quarterly Board reports: Compile concise quarterly reports for the Board, which include the variance and comparative balance sheet movement reports.
- Supervision: Oversee, coach, manage, and supervise all assigned subordinates, and ensure continuous workflow and accuracy of all GL postings. Ensure always that there is appropriate supervision, appropriate control, and that transaction processing procedures are followed, and all transactions are processed correctly to GL accounts, and take corrective action when processing requirements have been overlooked.
- Annual Financial Statements: In compliance with IFRS requirements, coordinate and supervise the processing of year-end transactions, such as processing adjustments, year-end journals, year-end closure, and compiling Annual Financial Statements. Prepare schedules for external auditors, provide relevant information, and resolve matters raised by the external or internal auditors during the audits.
Accountant
Namibian Competition Commission
10.2016 - 10.2020
- Compile monthly management accounts, collect movement and variance comments from responsible personnel and cost centers, submit to FM for review.
- Delivered monthly income statements and general ledger movements to relevant managers.
- Prepared month-end management files with accurate reconciliations of balance sheet accounts.
- Conducted compilation and analysis of monthly overhead reports, i.e., mobile and data costs, staff travel expenditure, and insurance.
- Ensure completeness and accuracy of accounting records in line with applicable reporting standards.
- Conducted analysis on trial balance to identify and correct omissions.
- Monthly general ledger administration and master file amendments.
- Monthly payroll processing.
- Monthly creditors' payments and reconciliations.
- Maintain an accurate fixed asset register.
- Prepare monthly CapEx requests.
- Ensure that the fixed asset system (Sage Evolution) is updated monthly.
- Draft monthly reconciliation of fixed assets for FM review.
- Guarantee insurance coverage for all newly acquired assets by the Administration Officer.
- Facilitated internal and external audit processes to ensure compliance.
- Finance Unit Administration.
- Managed procurement process on behalf of public entity under regulations of the Public Procurement Act. Act No 15 of 2015.
Chief Accountant
Pride Of Africa Hospitality T/A Hilton Hotel Windhoek
04.2016 - 09.2016
- Supervise the daily operation of the Finance Team members to ensure accurate accounting records.
- Oversee compliance with accounting rules and regulations by Finance Team members.
- On a daily basis, review all pay-outs, deposit refunds, rebates, disbursements, and any other payments before submission for authorization.
- Maintained compliance with corporate policies, and government rules and regulations.
- Assessed and verified clerical reconciliations for Accounts Payable and Receivable before finalizing month-end records.
- Performed comprehensive account reviews and reconciliation processes to maintain accuracy.
- Prepare monthly financial statements.
- Supported Finance Team members in performing tasks effectively.
- Supervised team members during Finance Manager's absence to ensure timely and accurate report processing.
- Month-end closing reports, monthly forecasts, and variance reports.
- Controlled inventory of hotel operations and department budgets.
- Streamlined collaboration between F&B Controls and Stores departments.
- Cash Flow Report Compilation.
- VAT, Import VAT, Withholding Tax, NTB levies, and NTA VET levies calculation, filing, and payments.
- Processing of all cash-related transactions and revenue journals.
- Processing of all monthly accruals.
- Daily purchase orders and issues authorization.
- Facilitate coordination with auditors, executing agreed proposals.
Assistant Financial Manager
Mobicash Payment Solutions (Pty) Ltd T/A Mobipay
08.2013 - 03.2016
- Supported Finance Manager in managing all financial processes effectively.
- Monitoring and control of cash flows.
- Overall financial management and budgetary control.
- Monthly financial reporting to management.
- Resolution of finance-related queries.
- Ordering and maintaining airtime availability levels on the system.
- Facilitated communication between clients and major vendors on commission payments.
- Calculations and processing of all income due to the company, and monitoring and following up on all outstanding debts on an ongoing basis.
- Prepare and process all bank reconciliations on a monthly basis.
- Evaluate departmental personnel performances.
- Monthly VAT submissions.
- Provided expertise to junior staff on payment and system operations.
- Management of financial and administrative personnel, and overall control of the financial/accounting department.
Audit senior
SGA Chartered Accountants And Auditors
05.2013 - 08.2013
- Planning the audit and generating ideas to maximize assignment profitability.
- Performing the audit, both the statement of comprehensive income and the statement of financial position.
- Perform annual risk assessments, and prepare and execute the audit plan.
- Prepare accounting records from source documents into Pastel to produce a trial balance, general ledger, and other reports.
- Submit monthly VAT returns for clients.
- Ensure that the client's documents are produced in a timely manner.
- Identifying areas of potential efficiency improvements.
- Effectively present audit results and management reports detailing errors in the clients' systems, the effects of these errors, and provide possible recommendations to the client to correct these errors (written or verbal).
- Present audited annual financial statements to clients.
- Attend meetings at the client's request.
- Evaluated audit files of junior clerks.
- Trained and mentored junior team members to enhance skillsets.
- Conducted comprehensive financial review of company's balance sheet and income statement. Presented audit findings to audit partner and client following detailed analysis. Facilitated discussions on financial findings with audit team and client representatives.
Audit clerk
SGA Chartered Accountants And Auditors
02.2008 - 04.2013
- Planning the audit and generating ideas to maximize assignment profitability.
- Performing the audit, both the statement of comprehensive income and the statement of financial position.
- Perform annual risk assessments, and prepare and execute the audit plan.
- Prepare accounting records from source documents into Pastel to produce a trial balance, general ledger, and other reports.
- Submit monthly VAT returns for clients.
- Ensure that the client's documents are produced in a timely manner.
- Identifying areas of potential efficiency improvements.
- Effectively present audit results and management reports detailing errors in the clients' systems, the effects of these errors, and provide possible recommendations to the client to correct these errors (written or verbal).
- Present audited annual financial statements to clients.
- Attend meetings at the client's request.
- Review the junior clerks' audit files.
- Assist in the training and coaching of junior staff members. Perform an overall financial analysis on the company's balance sheet and income statement and discuss the findings with the audit partner and client.
Education
Certificate Leadership Principles -
Harvard Business School Online
Certificate Virtual Workshop On Fundamentals Of Investment Accounting - undefined
The World Bank
BComp Degree - Bachelor of Accounting Science
University Of South Africa (UNISA)
5-Years Completed Articles - undefined
Public Accountants And Auditors Board
Grade 12 HIGCSE Certificate - undefined
Jan Möhr Secondary School
Accounting for Financial Instruments Workshop
Macroeconomic and Financial Management Institute (MEFMI)
Skills
- Budget Analysis
- Risk Management
- Regulatory compliance
- Stakeholder Engagement
- Leadership
- IFRS expertise
- Cash flow management
- Financial analysis
- Management reporting
- Pastel
- SAP S/4HANA
- SAP Business One
- QuickBooks
- CaseWare
References
- Lloyd Londt, Director: Finance and Administration, +264 81 309 3860, Bank of Namibia
- John, Amakali, Deputy Director: Finance, +264 81 129 0170, Bank of Namibia
- Rene, Farmer-Beukes, Former Finance Manager, +264 81 335 8307, Hilton Hotel Windhoek
- Kurt, Hansen, Former Financial Manager, +264 81 144 2046, Mobicash Payment Solutions (Pty) Ltd
- Perpetua, Jacobs, Audit Partner, +264 61 27 6000, SGA Chartered Accountants and Auditors
Timeline
Senior Financial and Management Accountant
Bank Of Namibia
11.2020 - 12.2025
Accountant
Namibian Competition Commission
10.2016 - 10.2020
Chief Accountant
Pride Of Africa Hospitality T/A Hilton Hotel Windhoek
04.2016 - 09.2016
Assistant Financial Manager
Mobicash Payment Solutions (Pty) Ltd T/A Mobipay
08.2013 - 03.2016
Audit senior
SGA Chartered Accountants And Auditors
05.2013 - 08.2013
Audit clerk
SGA Chartered Accountants And Auditors
02.2008 - 04.2013
Certificate Virtual Workshop On Fundamentals Of Investment Accounting - undefined
The World Bank
BComp Degree - Bachelor of Accounting Science
University Of South Africa (UNISA)
5-Years Completed Articles - undefined
Public Accountants And Auditors Board
Grade 12 HIGCSE Certificate - undefined
Jan Möhr Secondary School
Certificate Leadership Principles -
Harvard Business School Online
Accounting for Financial Instruments Workshop
Macroeconomic and Financial Management Institute (MEFMI)