Tesfu Dubale
Edmonton
Summary
Dynamic finance professional with a proven track record at National Cement Share Company, excelling in financial reporting and strategic planning. Expert in accounting and bookkeeping, with a knack for boosting financial efficiency by over 30%. Adept at fostering team growth and enhancing operational processes, demonstrating exceptional leadership and analytical skills.
Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Adept at managing budgets, payroll, invoicing and general accounting functions. Instrumental in keeping business operations fully compliant and working within budgetary guidelines.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Authorized Accountant( AAC)
Tesfu Admasu Authorized Accountant Firm( Sole)
01.2016 - 12.2024
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Used advanced software to prepare documents, reports, and presentations.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Prepared and filed tax forms to meet needs of customers.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Ensured accurate and timely payroll processing for over 200 employees, maintaining employee satisfaction and compliance with labor laws.
- Identified significant tax savings opportunities by conducting in-depth research on applicable deductions and credits.
- Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
- Contributed to enhanced revenue growth by analyzing revenue streams and identifying underperforming areas.
- Assisted in successful negotiation of terms with vendors and suppliers, improving company's cost-efficiency.
- Supported strategic decision-making by providing accurate and timely financial reports to executive management.
- Optimized cash flow management, ensuring adequate liquidity for operational needs without compromising investment opportunities.
- Prepared working papers, reports and supporting documentation for audit findings.
Stakeholders Manager
National Cement ShareCompany
07.2014 - 12.2015
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
- Maintained professional, organized, and safe environment for employees and patrons.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
- Maximized performance by monitoring daily activities and mentoring team members.
- Cross-trained existing employees to maximize team agility and performance.
- Controlled costs to keep business operating within budget and increase profits.
- Developed a strong company culture focused on employee engagement, collaboration, and continuous learning opportunities.
- Improved safety procedures to create safe working conditions for workers.
- Achieved departmental goals by developing and executing strategic plans and performance metrics.
- Built high-performing teams through effective recruitment, onboarding, and talent development initiatives.
- Improved marketing to attract new customers and promote business.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
- Mentored junior team members for career advancement, fostering a pipeline of future leaders within the organization.
- Streamlined project delivery processes, significantly reducing time to market for new product launches.
- Enhanced team productivity by implementing agile methodologies, leading to more efficient project completion.
- Conducted market research to identify customer needs and adjusted product offerings accordingly, increasing customer satisfaction.
- Coordinated with IT department to upgrade technology infrastructure, enhancing operational efficiency and data security.
- Increased market share with strategic business development efforts, expanding into untapped markets.
Finance and Administration Manager
National Cement Share Company
08.2006 - 06.2014
- Oversaw accounts payable and receivable, ensuring timely processing and accurate recordkeeping.
- Drove operational efficiency within the administration team through continuous process improvement initiatives.
- Collaborated closely with external auditors during annual reviews, facilitating a smooth audit process each year.
- Played an integral role in long-term strategic planning efforts, using financial modeling techniques to project future performance accurately.
- Streamlined administrative processes by implementing new software solutions, improving overall productivity.
- Spearheaded process improvements in the finance department by developing standardized procedures and documentation templates.
- Ensured timely completion of month-end close activities while maintaining strict adherence to accounting standards.
- Managed payroll operations, ensuring accurate calculations and timely disbursements for all employees.
- Implemented a new expense tracking system to improve transparency and accountability in spending practices.
- Coordinated with various departments to develop annual budgets, monitoring expenditures throughout the year.
- Conducted regular audits to identify areas of improvement and maintain a robust control environment.
- Boosted internal controls by conducting risk assessments and implementing appropriate mitigation strategies.
- Optimized cash management strategies to maximize available funds for investment opportunities.
- Prepared comprehensive financial statements for executive review, highlighting key performance indicators.
- Increased financial efficiency by implementing cost-saving measures and streamlining budgetary processes.
- Provided exceptional leadership to the finance team, fostering professional development and individual growth among staff members.
Education
MBA - Business Administration
Dire Dawa University
Ethiopia03-2022
Bachelor of Arts - Accounting And Finance
Haramaya University
Ethiopia06-2006
Skills
- Accounting and bookkeeping
- Accounts payable and receivable
- Bank reconciliation
- Bookkeeping
- Financial statements
- Financial reporting
- Cash flow analysis
- Tax preparation
- Payroll administration
- Management accounting
- Tax return filing
- Financial analysis
Languages
English
Full Professional
Certification
Asset Valuation
Full IFRS and IFRS for SME's
ERP
Basic Computer
Leadership
Timeline
Authorized Accountant( AAC)
Tesfu Admasu Authorized Accountant Firm( Sole)
01.2016 - 12.2024
Stakeholders Manager
National Cement ShareCompany
07.2014 - 12.2015
Finance and Administration Manager
National Cement Share Company
08.2006 - 06.2014
Asset Valuation
Full IFRS and IFRS for SME's
ERP
Basic Computer
Leadership
MBA - Business Administration
Dire Dawa University
Bachelor of Arts - Accounting And Finance
Haramaya University
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