Nelio Americo Marraca
Maputo
Summary
Experienced in a fast-paced corporate environment, with honed financial management and reporting skills, seeking transition into a new field. Demonstrated expertise in financial planning and analysis, consistently prioritizing accuracy and compliance. Eager to leverage these skills to make a meaningful impact in a new role.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Finance controller Eastern & Southern Africa
Ceva Logistics
06.2023 - Current
- Company Overview: https://www.cevalogistics.com/en
- Prepare, analyses, and present accurate and timely financial reports, including income statements, balance sheets, and cash flow statements, in accordance with local accounting standards and International Financial Reporting Standards (IFRS 9, IFRS 10, IFRS 13, IFRS 15 & IFRS 16)
- Treasury Reporting weekly, reporting all the bank and petty cash recon
- Prepayment and other General Entries
- Intercompany Reconciliation
- Depreciation FA register
- Monitor the Accrued and revenue report
- Bank Recon Sign off
- Responsible for the TB analyses and report to the Audit (KPMG)
- Collaborate with other departments to develop annual budgets and long-term financial forecasts. Monitor budget performance regularly and provide recommendations for cost optimization and financial efficiency.
- Conduct comprehensive financial analysis, including variance analysis, cost-benefit analysis, and profitability assessments to identify trends, opportunities, and potential risks.
- Implement robust cash flow management practices, ensuring sufficient liquidity to support operational requirements and investments.
- Responsible for the company treasury.
- Signer and authorizer of the company's banks accounts.
- Identify financial risks and develop strategies to mitigate them. Implement internal controls and review procedures to safeguard assets and minimize exposure to financial risks.
- Payroll posting
- Manager all the provision SIP,MIP,LIP &Leave
- Payment of salaries;
- Payroll account recon, FTE Signoff & General entries
- Assess potential investment opportunities in the agribusiness, Oil and Gas & Energy sector, conducting financial due diligence and presenting recommendations to senior management.
- Lead and develop a team of finance professionals, fostering a culture of collaboration, continuous learning, and performance excellence.
- Oversee the proper functioning and utilization of the Enterprise Resource Planning (ERP) system for financial transactions and reporting.
- Ensure compliance with all financial and tax regulations, liaising with external auditors and tax authorities as necessary. Keep abreast of changes in financial and tax laws that may impact the organization.
- Https://www.cevalogistics.com/en
Key Corporate Credit Control
Vodacom (VM)
09.2018 - 05.2023
- Company Overview: www.vm.co.mz
- Responsible for the key customer and VGE (Vodacom Global Enterprises customers)
- Managing of all South African companies that providing services in Mozambique.
- Under the supervision of a portfolio of 220 clients and weighing over 90 million turnover monthly.
- Prepare trend analysis of client invoices with the objective to pick up anomalies.
- Investigate and report all invoicing abnormalities identified.
- Review a root cause analysis on credit notes issued to assist in defining corrective action to avoid repeats.
- Prepare reconciliation between distribution as per warehouse data vs actual invoicing.
- Prepare adhoc invoices when required.
- Run weekly age analysis and monitor balances.
- Ensuring that the customer call cycle is strictly adhered to and achieved.
- Positively impact cash flow by ensuring the accurate and timely collection and processing of payments of accounts receivable.
- Accurate allocation of payment to invoices as per remittance received within agreed timelines accurate accounting records.
- To handle disputed accounts and negotiate with clients to bring payment in line with terms.
- Produce regular (agreed timelines) and accurate reconciliations for customers' accounts and ensure that payments are allocated, and these are stored centrally for ease of access.
- Timely engagement with customer on default payments.
- Resolution of customer disputes and queries related to the function to ensure timely collection of payments.
- Full accountability that all accounts allocated in your book is actioned monthly and is collected on.
- All engagements and activities with customer must be documented on the core system with clear and accurate notes of update.
- Follow up on legal procedures and monitor the progress of handed over accounts.
- Monitor ageing of debtor's books ensuring accuracy, reduced overdue amounts and collections levels maintained.
- Do forecasts on a weekly / bi weekly and monthly basis.
- Ensure the credit risk exposure is within the acceptable risk.
- Ensure compliance with company credit risk framework.
- Manage working capital within required parameters and Operating budgets.
- Provide a framework and fine-tune systems to ensure the effective collection of outstanding funds in accordance with the terms stipulated in the relevant commercial agreements.
- Establish relationships to optimise collections activities and engage and influence to ensure alignment of key stakeholders.
- Calculate and report on bad debt and credit notes provisions at a customer level monthly within deadline.
- Manage debtors' days (terms) within company targets or policy.
- Provide input in all relevant commercial agreements drafting and operate within the agreements.
- Ensuring all credit and collection policies and procedures are adhere to.
- Perform risk assessment on new and current accounts to ensure Credit risk exposure is within the acceptable credit tolerance.
- Prepare provision for credit notes monthly.
- Daily, Weekly and monthly Debtors Performance Reporting using the Age Analysis as the bases.
- Prepare and manage all other reporting required in line with collections requirements and Analysis of Accounts.
- Prepare cashflow reports within the deadline.
- Closing receivable month-end and report/recons (Sub-Ledger to GL).
- Responsible for maintaining and building good internal and external customer relationship based on Vodacom Brand values.
- Liaise with customers to ensure client expectations and service levels are being adhered to regarding maintenance of customer accounts.
- Ensuring that client queries are resolved within agreed SLA's, TAT's and set guidelines.
- Attend client meetings to speedily resolve outstanding queries, so that the client can pay within stipulated timelines (payment terms).
- Provide accurate advice and education to customers to ensure adherence to all standards and operating practices.
- Deliver first time right service excellence and by displaying the Vodacom brand values to customer during all customer interactions- all forms.
- Responsible for escalation and feedback to customer on all issues and matters raised both by customer and sales channels.
- Timely notification to customers and channel on items identified that may impact the customer and pro-active approach to resolve these items.
- To liaise with sales and have regular contact with clients by agreed mediums. Notify on status of accounts.
- Www.vm.co.mz
Finance - Credit control
DHL Global Forwarding
04.2017 - 07.2018
- Company Overview: https://www.logistics.dhl/mz-en/
- Building of segmentation models to accurately segment clusters of consumers within the client's customer base.
- Review customer's Credit Limit, provide credit risk assessment.
- Monitoring risk of clients.
- Customers risk segregation.
- Credit risk indicators.
- Risk management reports.
- Evaluate the efficiency of risk management procedures.
- All customers are to be contacted a minimum of 3 times a month the week before payment is due.
- Send out monthly client statements/letters as may be agreed from time to time.
- Monitor payment plan and the terms agreed with the customer.
- Ensure that shipping costs are properly charged.
- Open new accounts for new business.
- Ensure the timely processing and payment of accounts receivable invoices in order to positively impact cash flow and working capital.
- Ability to negotiate with customers in dispute.
- Providing of invoices, statements and proof of delivery notes.
- Obtain proof of delivery for unpaid invoices and liaise with customers to enquire the reason for non-payment or short payment.
- Release orders depending on queries, credit limit and unpaid Invoices.
- Prepare AR monthly reports for meetings with the business unit to underline processes of invoice submission and the impact together with the KPI's.
- Analyzing the aging report insure that invoices don't exceed 90 + days and Conduct age analysis of debtors and advise management of outstanding payments and claims.
- Https://www.logistics.dhl/mz-en/
Foreign Operations Department
MozaBank
03.2015 - 11.2016
- Company Overview: www.mozabanco.co.mz
- Process payments;
- Reconciliation of foreigner balances received;
- Control all payment received from the remittent Banks;
- Allocate payment to customers account;
- Monitor follow up with customer to submit the prove of the credit amount;
- Responsible for the management of all operational areas in order to minimize operational risk by analyzing each risk entity with its responsible.
- Support the different business units in the management of business continuity in case of a possible risk invention, identify with the business units the risks and ensure that there are control strategies to mitigate the occurrence of the risk and verify that the same Controls are being tested and ensure they are efficient.
- Www.mozabanco.co.mz
Operations Risk Officer
Barclays Bank Mozambique
10.2013 - 02.2016
- Company Overview: www.barclays.co.mz
- Responsible for the management of all operational areas in order to minimize operational risk by analyzing each risk entity with its responsible.
- Support the different business units in the management of business continuity in case of a possible risk invention, identify with the business units the risks and ensure that there are control strategies to mitigate the occurrence of the risk and verify that the same controls Are being tested and ensure they are efficient.
- Observe, analyze and remedy risk actions to quantify the level of material risk faced, with particular attention to the financial and non-financial impacts of expected events and to report risk events of the different business units.
- Implement improvement strategies to prevent the occurrence of risk that may impact / Financial or reputational risk and to ensure that the implemented controls are tested monthly to ensure that they act effectively on the risks designed.
- Monitor Monthly report on all other elements of the risk profile, key risk indicators of the business unit (RCSA-KRI- Key Risk Indicators).
- Evaluates and advises on the impact of long-range internal control planning, introduction of new rules, procedures, processes, and regulatory interactions.
- Www.barclays.co.mz
LG-Lead generator
Barclays Bank Mozambique
10.2013 - 02.2016
- Company Overview: www.barclays.co.mz
- Analysed Potential customers to the Bank.
- Building and maintaining a good relationship with customers.
- Performing customer visits (minimum bi-weekly per customer).
- Offer new services to the customers.
- Advise the clients in the sale and therefore sale of the products and banking services and familiar with the KYC policy.
- Www.barclays.co.mz
Education
ACCA - Financial Management
05.2019
University Wutivi - UniTiva - Financial and Banking Management
University Wutivi - UniTiva
12.2017
Wem school Matric / High school -
Wem school
12.2008
Skills
- Excel
- Power Point
- Creating Dashboard
- Attention to detail
- Goal oriented
- Ability to work independently
- Ability to work under pressure
- Teamwork
- SAP
- Financial knowledge
- Financial accounting expertise
- Negotiating skills
Hobbies and Interests
- Literature
- Music
- Travelling
- Sports like basketball
Personal Information
Date of Birth: 03/28/90
Certification
- Certified Management Accountant
- Certified Tax, KPMG
Languages
English
Bilingual or Proficient (C2)
Portuguese
Bilingual or Proficient (C2)
Timeline
Finance controller Eastern & Southern Africa
Ceva Logistics
06.2023 - Current
Key Corporate Credit Control
Vodacom (VM)
09.2018 - 05.2023
Finance - Credit control
DHL Global Forwarding
04.2017 - 07.2018
Foreign Operations Department
MozaBank
03.2015 - 11.2016
Operations Risk Officer
Barclays Bank Mozambique
10.2013 - 02.2016
LG-Lead generator
Barclays Bank Mozambique
10.2013 - 02.2016
University Wutivi - UniTiva - Financial and Banking Management
University Wutivi - UniTiva
Wem school Matric / High school -
Wem school
ACCA - Financial Management
Similar Profiles
Ramamurthy ParamasilvamRamamurthy Paramasilvam
Logistics Supervisor at Bollore logistics / CEVA logisticsLogistics Supervisor at Bollore logistics / CEVA logistics
Tamara CormierTamara Cormier
Material Handler at CEVA Logistics/ HCL LogisticsMaterial Handler at CEVA Logistics/ HCL Logistics
JOHANN VIGGIANIJOHANN VIGGIANI
Operations Team Lead | LVMH at CEVA Logistics - Bollore LogisticsOperations Team Lead | LVMH at CEVA Logistics - Bollore Logistics
Amine ErriadeAmine Erriade
Procurement Tender Coordinator/Analyst at Bolloré Logistics / CEVA LogisticsProcurement Tender Coordinator/Analyst at Bolloré Logistics / CEVA Logistics
ALBERT MHLOPEALBERT MHLOPE
Planning and Progress Reporting Engineer at Total Energies E&P, LNGPlanning and Progress Reporting Engineer at Total Energies E&P, LNG