Elton Hukuimwe (FCCA)
Maidstone,Kent
Summary
A highly experienced and ACCA qualified finance professional with extensive accounting and managerial expertise within manufacturing, retail, stock broking and travel & tourism industries.
Proven ability to arrange funding facilities to support working capital requirements, constantly challenge and improve existing processes and systems. Passionate about developing and maintaining relationships with business stakeholders, providing accurate financial information with the aim of maximising business efficiency whilst minimising risk at all times. Hands on Controller skilled in leading and empowering motivated staff to align with business objectives and achieve cross-functional activity.
Easy going by nature, and ability to get along with work colleagues and management.
Overview
25
25
years of professional experience
1
1
Certification
Work history
EMEA Financial Controller
Electrosonic Limited
Dartford, Kent
09.2022 - Current
- Provide local leadership for, and daily supervision of, the regional finance and accounting team.
- Be the go-to Finance and Accounting lead for regional business leadership.
- Work with regional accounting and operational teams to ensure accurate and timely month end / Year End reporting, accurate tax and cash disclosures.
- Overseeing and assisting in Project Accounting ensuring compliance with IFRS15 - Revenue recognition.
- Short & long term cash flow forecasts and reporting enabling the business to predict future performance and identify cash shortages.
- Cash/debt optimization to guarantee accurate cash allocation, productive financing and intercompany clearing within the region and minimization of FX exposure to the group.
- Assist in the annual budget process and subsequent monitoring and reporting of performance against plan.
- Maintain global banking relationships with all financial institutions and ensure compliance with any loan covenant requirements.
- Build and maintain relationships with global tax advisory teams. Maintain annual calendar of tax compliance requirements and ensure processes are in place to meet compliance obligations.
- Lead R&D Credit applications for the US and UK businesses, liaising with business operations to ensure backup and supporting documentation is provided to our external advisors for timely submission of claims for R&D credits.
- Lead & manage regional annual audit.
- Develop, model and recommend project financing opportunities where this presents opportunity to improve project margins and reduce project-related cash exposures.
- Reviewing complex/multi-country deals with Sales, Presales and Legal to assist in minimizing tax risks and leakage, and accurate modelling of project cash flows.
- Coach and advise Sales teams on tax and cash related terms and conditions to achieve best outcome for the group companies.
- Build strong relationships across the organisation both within region and with the global team.
- Challenge the processes to drive improvements in terms of speed, accuracy, automation and relevance of the output.
- Involvement in Ad Hoc projects including M&A, New Market / New Product Analysis, transformation activities etc
- Ability to deputise for the Global CFO as required.
Finance Director
Nikwax Limited
Wadhurst, East Sussex
06.2018 - 08.2022
- Led the financial area within the Group, oversaw and contributed to expansion plans into Europe & South America ensuring compliance with local countries legal, financial and statutory requirements.
- Provided appropriate advice to directors on all financial matters ,controls and best practice.
- Ensured that all statutory financial reporting requirements of the organization are met.
- Managed the budgeting process of the Group, and strove for accuracy in terms of forecasting and adherence to budgets once agreed.
- Planned and managed funding and borrowing requirements of the Group. Protected working capital during the pandemic by successfully securing credit lines including a +£2m CBIL funding.
- Planned and managed taxation liabilities of the Group (Corporation and PAYE).
- Developed and maintained timely and accurate consolidated financial statements and reports that allowed directors to understand the financial performance of the business.
- Developed and maintained financial business performance measures and appropriate reports that allowed directors to understand business performance.
- Developed group financial policies and procedures and oversaw their full implementation (numerical business accounting, forecasting, financial planning, budgeting and reporting).I harmonised group accounting policies ,processes and reporting systems after acquisitions into Europe & South America.
- Oversaw and developed the accounting procedures within the group.
Financial Controller
Nikwax Limited
Wadhurst, East Sussex
12.2016 - 06.2018
- Oversaw ,produced timely and accurate statements and reports for Nikwax & Paramo to allow Directors to understand financial performance of UK based companies
- Managed budgeting process of the Group and produced realistic forecasts, monitored and reported variances of actual performance from final agreed budget.
- Oversaw the monitoring and reporting of cash flow of the companies and advised on funding and borrowing requirements of the Group.
- Ensured that company financial systems were in line with accounting practices, procedures and legislation.
- Led and managed annual audit process and the relationship with the company's external accountants to facilitate this process. Achieved no post-audit journals .
- Oversaw and monitored performance and processes of the Finance department ensuring that projects, plans and procedures were in place to support them.
Assistant Management Accountant
Nikwax Limited
Wadhurst, East Sussex
02.2012 - 12.2016
- Preparation of Management Accounts & Balance sheet
- Reporting and communication of monthly budget reports & variance analysis
- Producing and Reconciling Inter-co trading
- Responsibility for external Statutory Reporting (VAT Returns, Intrastat Reports, EC Sales Return, Austrian VAT Returns monthly)
- Fixed Assets Register maintenance
- Nominal Ledger reconciliations, Prepayment, Accruals, Inter-company accounts
- Foreign Exchange Rates maintenance on Dimensions
- Revaluation of Foreign Assets and Liabilities
- Overseeing the accurate maintenance of Accounting Ledgers including multi-currency bank reconciliations
Accountant
Keemlaw Limited
Aylesford, Kent
11.2008 - 02.2012
- Purchase Ledger Management
- Sales Ledger Management
- Nominal ledger journals preparation & posting
- VAT preparation and payments
- Fixed Assets Register Maintenance
- Bank Reconciliations
- Nominal ledger Reconciliations , Prepayments ,Accruals ,Inter-company accounts
- Weekly and Monthly cash flow projections
- Preparation of Monthly & Year End Management Accounts & Balance sheet
- Assist in Year End Audit
Assistant Finance Manager
Real Gap Travel
Royal Tunbridge Wells, Kent
06.2008 - 10.2008
- Preparation and production of Monthly management accounts & balance sheet
- Preparation of monthly management reports analysing variances between actual and budgeted performance
- Preparation of weekly and monthly cash flow statements
- Maintain and update the Fixed Assets Register
- Nominal ledger accounts reconciliations including Prepayments, Accruals and Inter-company accounts
- Multi currency bank reconciliations
- Preparation and posting of nominal ledger journals including prepayments, accruals and recurring expenses
- General maintenance of the Purchase Ledger by managing the reconciliation of supplier accounts, ensuring that incurred expenditure is properly accounted for and promptly payments of supplier accounts
- Implementation of internal systems with regards to document control and processing in the finance department
- Carrying out internal spot checks within the system ensuring that company policies and procedures are adhered to
Accountant
Fidelity (Genesis) Stockbrokers (Zimbabwe)
Harare, Zimbabwe
01.2001 - 04.2008
- Preparation of monthly management accounts
- Carrying out Inter-company reconciliations
- Carrying out balance sheet nominal ledger and general ledger control accounts reconciliations
- Budget preparation, forecasts, control and management
- Maintenance of all general ledger accounts
- Updating and maintaining the fixed assets register
- Preparation of half year and year end audit files
- Monitoring the performance of the company's portfolio of quoted equities
- Maintenance of the money market book with regards to investments
- Bank reconciliations
Education
Chartered Institute of Secretaries&Administrators
HarareACCA
Association of Chartered Certified Accountants
A-Levels - Accounting ,Economics , History
Mabvuku High School
HarareGCSEs - English Language ,Mathematics, Science, Shona ,Commerce ,Geography ,English Literature, History
Makumbi High School
HarareSkills
- Cash management
- Cashflow forecasting
- Financial accounting and control systems
- Financial management reporting
- Management accounting
- Project Accounting
- Revenue Recognition
- Budgeting
- P&L Control
- Financial risk mitigation
- Internal Controls
- ERP Systems(Dynamics Navision)
- Access Dimensions
Certification
FCCA - Fellow Member of Association of Chartered Certified Accountants
Timeline
EMEA Financial Controller
Electrosonic Limited
09.2022 - Current
Finance Director
Nikwax Limited
06.2018 - 08.2022
Financial Controller
Nikwax Limited
12.2016 - 06.2018
Assistant Management Accountant
Nikwax Limited
02.2012 - 12.2016
Accountant
Keemlaw Limited
11.2008 - 02.2012
Assistant Finance Manager
Real Gap Travel
06.2008 - 10.2008
Accountant
Fidelity (Genesis) Stockbrokers (Zimbabwe)
01.2001 - 04.2008
Chartered Institute of Secretaries&Administrators
ACCA
Association of Chartered Certified Accountants
A-Levels - Accounting ,Economics , History
Mabvuku High School
GCSEs - English Language ,Mathematics, Science, Shona ,Commerce ,Geography ,English Literature, History
Makumbi High School