Summary
Overview
Work History
Education
Skills
Affiliations
Certification
Additional Information
Interests
Timeline
Generic

Funwayo Nkhata BA(Hons), ACMA, CGMA

Stockbridge

Summary

Results-driven CIMA qualified Management Accountant passionate about merging financial expertise with cutting-edge technology. Enthusiastic in data analytics and eager to explore the integration of artificial intelligence (AI) in financial services. Proven track record in financial management and a forward-thinking approach to operational optimisation. Adept at assessing the suitability, acceptability, and feasibility of innovative business solutions. Dedicated to advancing data analytics skills to enhance decision-making and contribute to the evolution of financial services through technology. Recognised as the 2022 Multiverse Decoding Data Challenge Winner and the 2023 recipient of the Worshipful Company of Tax Advisers' Award for the most significant contribution to Management Accountancy Services. A strategic thinker with a solid foundation in finance and ethical principles, seeking impactful opportunities at the forefront of financial innovation.

Overview

22
22
years of professional experience
1
1
Certification

Work History

Head of Finance

Management Accountancy Services
11.2024 - Current
  • Directed a team of accountants, ensuring efficient financial operations and regulation compliance.
  • Developed and implemented financial strategies to optimise resource allocation and budget management.
  • Oversaw the preparation and analysis of financial statements, ensuring accuracy and transparency.
  • Identified and mitigated financial risks, enhancing the organization's financial stability.
  • Coordinated with various departments and external partners to streamline financial processes and support organisational goals.
  • Mentored and developed management accountants, providing training and growth opportunities to enhance their skills and career progression.
  • Conducted regular performance evaluations, offering constructive feedback and setting objectives to drive individual and team success.

Senior Financial Planning & Analysis Manager

Management Accountancy Services
08.2021 - 11.2024
  • Led the financial planning and analysis function, providing strategic insights to support executive decision-making.
  • Developed and managed comprehensive budgets and forecasts, ensuring alignment with organizational goals.
  • Conducted in-depth financial analysis to evaluate business performance, identify trends, and recommend improvements.
  • Prepared detailed financial reports and presentations for senior management, highlighting key metrics and financial health.
  • Collaborated with cross-functional teams to develop and implement long-term financial strategies.
  • Identified and implemented process improvements to enhance efficiency and accuracy in financial operations.
  • Provided guidance and career development opportunities for junior finance team members, fostering a culture of continuous improvement.

Senior Finance Business Partner

1st (UK) Division )
07.2019 - 07.2021
  • Led the creation and evaluation of business cases, ensuring robust financial analysis and alignment with strategic objectives.
  • Collaborated with cross-functional teams to gather relevant data and insights for robust business case proposals.
  • Conducted detailed investment appraisals to assess the viability and potential returns of proposed projects.
  • Utilized various financial metrics and models to evaluate investment opportunities and provide recommendations to senior management.
  • Oversaw financial operations, ensuring accuracy, efficiency, and compliance with regulatory standards.
  • Worked closely with operational teams to understand their financial needs and provide tailored support to enhance business performance.
  • Developed and maintained complex financial cost models to support strategic decision-making and resource allocation.
  • Analyzed cost structures and identified opportunities for cost optimization and efficiency improvements.

Project Management Accountant

Director Resources - MoD (UK)
08.2018 - 07.2019
  • Conducted a comprehensive analysis of the lifecycle costs of thousands of personnel, spanning from recruitment to retirement, to generate insights for change management programs aimed at improving careers and retention.
  • Conducted a comprehensive financial analysis to evaluate the economic feasibility of alternative career initiatives and identify potential strategic financial risks.
  • Partnered with external consultants from KPMG and McKinsey to ensure the successful delivery of viable programme outputs.
  • Implemented the agile project management approach and provided weekly project sprint outputs to both project teams and the senior leadership team, offering recommendations for the next course of action.
  • Provided guidance to programme/project managers, leveraging my qualifications in PRINCE2, Management of Risk (MoR), and Managing Benefits.

Human Resources Executive

Ministry of Defence (UK)
11.2002 - 07.2018
  • Delivered compliant and accurate monthly payroll and managed associated pension schemes.
  • Acted as the main point-of-contact for payroll and benefits inquiries, clarifying enrollment periods and resolving wage discrepancies.
  • Reconciled monthly payroll, collaborating with the reporting team on net pay, advances, and pensions.
  • Reviewed and completed exit interview paperwork for departing employees.
  • Prepared reports highlighting operational issues for organizational dissemination.
  • Completed audits within pre-agreed timescales, maintaining high professional and departmental standards.
  • Supported and mentored junior audit team members to enhance overall team performance.
  • Provided support to employees on various HR-related issues and liaised with department heads to find resolutions.
  • Compiled and updated employee files in both electronic and paper formats to maintain accurate records.
  • Ensured HR systems complied with current employment laws and proactively made changes to keep pace with industry trends.

Education

BA (Hons) - Sustainable Performance Management

Manchester Metropolitan University
Manchester, MAN
2019

ACMA, CGMA - Management Accounting

Chartered Institute of Management Accountants
2019

Skills

  • Strategic financial planning
  • Continuous learning mindset
  • Analytical and critical thinking
  • Cash flow management
  • Stakeholder relationship management
  • Business process improvement
  • Regulatory compliance
  • Change management
  • Auditing procedures
  • Internal controls implementation
  • Financial risk management
  • Financial modeling proficiency
  • Organizational skills
  • Teamwork and collaboration
  • Team building leadership

Affiliations

  • Member - Associate Chartered Management Accountant (ACMA) - CIMA
  • Member - Chartered Global Management Accountant (CGMA) - AICPA

Certification

  • PRINCE2
  • Management of Risk (MOR)

Additional Information

  • Completed Data Analytics level 4 through an apprenticeship with Multiverse.
  • Pursuing MSc in Data Science (Online) at the University of the West of England (UWE)


Interests

Data Science

Timeline

Head of Finance

Management Accountancy Services
11.2024 - Current

Senior Financial Planning & Analysis Manager

Management Accountancy Services
08.2021 - 11.2024

Senior Finance Business Partner

1st (UK) Division )
07.2019 - 07.2021

Project Management Accountant

Director Resources - MoD (UK)
08.2018 - 07.2019

Human Resources Executive

Ministry of Defence (UK)
11.2002 - 07.2018

ACMA, CGMA - Management Accounting

Chartered Institute of Management Accountants

BA (Hons) - Sustainable Performance Management

Manchester Metropolitan University
Funwayo Nkhata BA(Hons), ACMA, CGMA