Gilbert Saika
Finance Executive (FCCA)
Bindura, ZW.About
Highly accomplished Finance Executive with 16 years of progressive experience in financial reporting, management, and treasury. Proven track record in spearheading full financial functions, optimizing working capital management, and ensuring robust compliance. Expertise in aligning financial strategies with business objectives to drive profitability, growth, and successful audit processes through rigorous financial strategy and optimization.
Work
Side Electrical (Private Limited)
|Finance Manager
Bindura, Mashonaland Central, Zimbabwe
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Summary
Spearheaded the full financial function, ensuring accurate reporting, compliance, and optimized working capital management for Side Electrical.
Highlights
Developed and implemented robust financial policies and procedures, enhancing compliance and operational efficiency.
Strengthened internal control systems, safeguarding financial data integrity and company assets.
Presented comprehensive financial reports to the Board of Directors, facilitating informed strategic decision-making.
Led the entire financial function, ensuring accurate, timely, and compliant financial reporting in line with IFRS.
Approved quarterly and annual financial statements, ensuring IFRS compliance and board endorsement.
Provided rigorous financial oversight and monitoring for both operational and capital expenditures, optimizing resource allocation.
Collaborated with executive leadership to align performance metrics, budgets, and financial results, driving strategic coherence.
Managed all commercial contracts, including mining, service, and supply agreements, ensuring advantageous terms.
BNC (Group Mining Company)
|Head of Treasury/Financial Accountant
Bindura, Mashonaland Central, Zimbabwe
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Summary
Directed treasury and financial accounting operations for BNC Group Mining Company, optimizing cash flow and ensuring IFRS compliance.
Highlights
Managed and mentored the Treasury Department staff, optimizing team performance and operational efficiency.
Prepared comprehensive monthly, quarterly, half-year, and annual financial results, ensuring strict adherence to IFRS.
Managed and forecasted cash flow of approximately USD8 million/month, ensuring optimal liquidity and financial stability.
Oversaw the annual audit process, addressing all queries and ensuring timely completion with successful outcomes.
Developed and maintained robust internal financial processes and controls, enhancing strategic planning capabilities.
Optimized working capital management, overseeing approximately USD5-6 million/month to enhance operational efficiency.
Cultivated and managed strong relationships with all financial institutions, optimizing banking services and partnerships.
Directed foreign payment processing and receipts, meticulously planning and reviewing expenditures against budget to ensure fiscal discipline.
BNC (Group Mining Company)
|Acting Finance Manager
Bindura, Mashonaland Central, Zimbabwe
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Summary
Acted as Finance Manager for BNC Group Mining Company, overseeing departmental activities and strategic financial reporting.
Highlights
Managed all departmental activities, including human resource and staff management, to ensure seamless operations.
Collected, interpreted, and critically reviewed financial statements, providing actionable insights for management.
Reported financial performance to management and stakeholders, offering strategic advice on future business decisions.
Supervised the preparation of monthly, quarterly, half-year, and annual financial results, ensuring IFRS compliance.
Developed and maintained internal financial processes and controls, supporting strategic planning initiatives.
Oversaw the annual audit process, responding to all queries for successful completion.
Managed project financing, ensuring adequate funding and adherence to budgetary constraints.
Developed and implemented strategies to minimize financial risk, safeguarding company assets and stability.
BNC (Group Mining Company)
|Financial Accountant
Bindura, Mashonaland Central, Zimbabwe
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Summary
Managed financial accounting operations for BNC Group Mining Company, focusing on compliance, controls, and reporting.
Highlights
Supervised all departmental activities, including human resource functions and staff management.
Prepared monthly, quarterly, half-year, and annual financial results, ensuring strict IFRS compliance.
Formulated internal financial controls, effectively minimizing financial risk exposure.
Developed and maintained internal financial processes and controls, supporting strategic planning.
Oversaw the annual audit process, addressing all queries for successful completion.
Formulated and implemented company financial objectives and targets, providing critical financial analysis and guidance.
Developed and monitored monthly budgets, ensuring fiscal discipline and strategic alignment.
Managed all tax obligations and statutory compliance, ensuring adherence to regulatory requirements.
Trojan Nickel Mine Head Office
|Assistant Financial Accountant
Bindura, Mashonaland Central, Zimbabwe
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Summary
Supported financial accounting functions at Trojan Nickel Mine Head Office, specializing in reporting, consolidation, and ledger management.
Highlights
Assisted in preparing Group Monthly financial results, including Statements of Comprehensive Income and Financial Position.
Supported the consolidation of inter-company financial statements for all mines at Head Office.
Reconciled all Head Office cash books, including payments to local and foreign creditors, ensuring accuracy.
Administered and reconciled foreign currency accounts, managing both payments and receipts.
Maintained and analyzed general ledgers, ensuring accurate financial record-keeping.
Reconciled inter-company accounts across various mines, resolving discrepancies efficiently.
Administered and analyzed corporation loans and local borrowings, ensuring compliance and accurate reporting.
Conducted in-depth analysis and managed both debtors and creditors accounts, optimizing cash flow.
Volunteer
ZIFA Mashonaland Central
|Provincial Chairman
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Summary
Currently serving as the Provincial Chairman for ZIFA Mashonaland Central, overseeing regional football administration and development.
Bindura Parish Council
|Former Treasurer
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Summary
Previously served as Treasurer for Bindura Parish Council, managing financial resources and ensuring fiscal responsibility.
Bindura Golf Club
|Former Treasurer
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Summary
Previously served as Treasurer for Bindura Golf Club, overseeing financial operations and budgeting for club activities.
Shandira Bindura (NGO)
|Founder
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Summary
Founded Shandira Bindura, an NGO focused on community development and impact.
ZIFA National
|Former Audit Committee Chairman
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Summary
Previously chaired the National Audit Committee for ZIFA, ensuring financial integrity and compliance.
ZIFA National
|Former Finance Committee Vice Chairman
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Summary
Previously served as Vice Chairman of the National Finance Committee for ZIFA, contributing to strategic financial planning.
Education
University of London
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Masters
Professional Accountancy
Oxford Brookes University
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BSc (Hon)
Applied Accounting
Grade: 2.1
University of Zimbabwe
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Executive Certificate
Treasury Management
Languages
English
Shona
Ndebele
Certificates
FCCA Member
Issued By
Association of Chartered Certified Accountants
Investment and Risk Management
Issued By
CCL Group
Skills
Financial Management
Financial Reporting and Control, Capital and Operational Cost Management, Procurement and Inventory Management, Financial Modelling and Project Optimisation, IT and Systems Management, Cash flow, funding and treasury management, Commercial and Contract Management, Audit, Regulatory and Compliance Management, Investor Relations, Human resource and talent identification.
Software & Systems
SAP, Willow System, MIMS, M.Y.O.B, Ellipse, Paynet, Excel, Microsoft Word.
References
Mr Brian Hodza
CFO SRC, 0772 481027, bhodza@src.co.zw
Mr P Machana
CEO, Conduit Investments, Harare Cell 0775 359 204, machana@conduit.co.zw