Loraine Barnarde Email & Phone Number

Wellington Region, New Zealand

Porirua City, Wellington, New Zealand

Dunedin New Zealand

Dunedin, Otago New Zealand

Assisting accounts payable with clearing a backlog in processing invoices due to the transitioning to a new finance system.

Alberton Gauteng

Econ Oil is a wholesaler of Petroleum products, has a logistics company and blending plant. The group has an investment company with various properties and a Boutique hotel. Responsibilities• Formulating procurement strategy for new contract• With Management team implement new contract resulting in servicing new sites and closing up sites• Oversight over the financial department, authorizing transactional output from AR, AP, Payroll and reviewing all reporting… Show more Econ Oil is a wholesaler of Petroleum products, has a logistics company and blending plant. The group has an investment company with various properties and a Boutique hotel. Responsibilities• Formulating procurement strategy for new contract• With Management team implement new contract resulting in servicing new sites and closing up sites• Oversight over the financial department, authorizing transactional output from AR, AP, Payroll and reviewing all reporting, statutory returns.• Pricing calculation and distribution• Working with the ISO team reviewing key policies• Additional ad hoc projects i.e. options with regards to mining licence, Key Achievements• Producing procurement strategy with pricing options and supply mix as base for contract negotiations• Successful negotiations with Major supplier under new contract, substantially revising pricing. Show less

Roodepoort

BCE is a wholesaler of catering equipment.Responsibilities• Oversight and review of all work performed by Finance department including Credit control, A/P and Assistant FM• Daily resolution of reported customer financial complaints and issues• Reviewing of costing of imported products• Monthly reporting consisting of o Management pack with Income statement of various departments, balance sheet, ratio’s, working capital, cashflowo Consolidation of 3 entities, one… Show more BCE is a wholesaler of catering equipment.Responsibilities• Oversight and review of all work performed by Finance department including Credit control, A/P and Assistant FM• Daily resolution of reported customer financial complaints and issues• Reviewing of costing of imported products• Monthly reporting consisting of o Management pack with Income statement of various departments, balance sheet, ratio’s, working capital, cashflowo Consolidation of 3 entities, one located in Hong Kong dealing with foreign currency translationo Reporting to Group accountant for further consolidation• Annual external audit: preparation for the audit, main point of contact with audit team, preparation of information for disclosure and finalization of AFS for signature.• Budget preparation on a company level for approval by Senior Management and Shareholders.• Preparation and submitting statutory returns for VATKey Achievements• Implementation of a Fixed asset tax register within the existing software, cleaning up of fixed asset data and variances in treatment• Greater level of reporting was required (on divisional level). I championed the whole process from creating departments, reallocate historical info to correct department, working with staff to allocate current transactions correctly. Once the actual figures were collected for 12 months, I was able to work with the different departments to prepare divisional budgets with allocated ownership for budget control.• Managing the BEE compliance and certification process - there was no certificate the previous year and obtained a level 7 certificate, one level higher than expected. This allows our suppliers to claim 50% instead of 10% of their purchases towards BEE procurement targets• Increased reporting: Workshop profitability. Worked with IT to mine the data required for the reporting. Show less

Alberton, Gauteng

Econ Oil is a wholesaler of Petroleum products, has a logistics company and blending plant. The group has an investment company with various properties and a Boutique hotel. Responsibilities• Review and authorize all invoicing, payments, month-end journals, inventory in transit calculations, payroll inputs and payments, general ledger reconciliations• Reconciling intercompany accounts• Prepare and submit statutory returns – VAT and PAYE• Monthly reporting of margins… Show more Econ Oil is a wholesaler of Petroleum products, has a logistics company and blending plant. The group has an investment company with various properties and a Boutique hotel. Responsibilities• Review and authorize all invoicing, payments, month-end journals, inventory in transit calculations, payroll inputs and payments, general ledger reconciliations• Reconciling intercompany accounts• Prepare and submit statutory returns – VAT and PAYE• Monthly reporting of margins, expenses and projected cashflow requiremens• Training of staff• Insurance of assets• Monthly calculation and distribution of product pricing, both sales and purchase• Management of Escrow accountKey Achievements• Improving of controls and procedures: Creditor reconciliations, GL reconciliations, Salary controls• Realised savings in expenditure with implementation of controls (cell phone reduced by a third and telephone cost halved)• VAT claim of R2m, about to expired brought to finalization and resulting in ZAR 1m positive cashflow. Show less

Uitenhage Area South Africa

Assisted with the set up and running of family businesses: wood manufacturing concern and consulting (IT and Accounting) - finding suitable suppliers - setting up company documentation and processes, - admin and accounting - marketing - Accounting consulting

East London, South Africa

Real People is a financial services provider, specializing in debt management. They also provide personal financial products and services for the low to middle income marketResponsibilities• Review and authorize all AP payments, month-end journals, inventory reports and general ledger reconciliations.• Preparation of monthly reporting pack in the prescribed form.• Preparation and presentation at board meeting for Insurance• Preparation of a model for budgeting taking… Show more Real People is a financial services provider, specializing in debt management. They also provide personal financial products and services for the low to middle income marketResponsibilities• Review and authorize all AP payments, month-end journals, inventory reports and general ledger reconciliations.• Preparation of monthly reporting pack in the prescribed form.• Preparation and presentation at board meeting for Insurance• Preparation of a model for budgeting taking into account the performance curve of the population• Maintenance of relations with and reporting to regulatory bodies (FSB, LOA, NCA)• Product profitability for new products in cellularKey Achievements• Within three months my portfolio increased to include Cellular• Realized savings in identifying and correcting treatment of VAT – Cellular resulting in earlier claim of input and having a positive effect on cashflow• Towards the end of my term with Real People I was part of the Assurance Exco team that was taking broader responsibility for the business Show less

Johannesburg Area, South Africa

I managed the finance department consisting of 16 people Duties included: - Monthly reporting – local and international - Compilation of annual budgets and monthly forecast - Implementation & maintenance of control including Sarbane Oxley requirements - Preparation of profit/cost models for new initiatives

Certificate Of Proficiency, Taxes In New Zealand

Covering Legal entities, income tax, FBT, GST, PAYE

Ca(Sa)

Membership number 05106151

Post Graduate Diploma Auditing, Auditing

Hons: Bcompt / Cta, Accounting And Finance

Studying part time whilst working full time

B Compt, Accounting And Auditing

Completed the degree part-time in three years whilst working full time Maintained an average of 70% plus for all subjects

National Dip: Internal Auditing, Accounting & Internal Auditing

Best third year student - 1991

Grade 12 / Matric, Accounting

Academic colours