Carien Labuschagne
Sydney,NSW
Summary
A seasoned professional with over 8 years of comprehensive experience in the fields of accounting, auditing, and finance. My journey includes 6 years in the professional services industry and a pivotal role as a Financial Controller for 2 years. I bring to the table a robust financial acumen, underpinned by a high level of numeracy skills, and a proven track record in managing accounts and financial data with utmost accuracy and efficiency.
I am a high achiever, dedicated to optimizing financial results and seizing business improvement opportunities. My leadership skills have been instrumental in guiding large teams and aligning their efforts with the organization’s strategic goals and direction.
My strong analytical and critical thinking skills, coupled with my technical accounting knowledge, have consistently driven exceptional outcomes. Recognized by peers as a motivational leader and a strong team player, I am committed to solving problems and achieving tasks in a professional manner. My dedication extends beyond the completion of tasks, reflecting my commitment to the overall success of the organization.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Financial Controller
Anglicare Sydney
03.2022 - Current
- Managed the preparation and presentation of financial reports both to management and the Board
- Managed fiscal activity including budgeting, internal and external reporting, and auditing
- Maintained internal financial control frameworks supported by financial management policies
- Identified and addressed financial risks and investment opportunities
- Managed the treasury requirements of the organisation – including development and implementation of treasury policies, monitoring of cash balances, cash forecasts whilst ensuring prudential requirements are met
- Complete all ongoing and annual Government prudential compliance reporting requirements within required deadlines
- Manage and account for residential and independent living bonds in accordance with prudential and regulatory requirements
- Provided financial advice and analysis to the CEO and Board on strategic and operational aspects of financial management
- Managed the financial performance measures supporting the organisation’s strategic direction
- As a senior leadership member of the organisation contributed to ongoing organisational strategy and policy
- Maintained effective stakeholder relationships both within and outside the organisation
- Maintained the effectiveness of financial management systems to increase organisational efficiency, accountability, transparency and decision making
- Maintained financial processes and internal controls to ensure best practice and continuous improvement
- Ensured financial processes operated efficiently and were fully documented
- Supervised, mentored and further developed the skills of the Finance Team
- Preparing Investment Property fair valuation and reporting to Board across all Retirement Villages
- Reporting and preparation of Indemnity Provision
- Acquisition accounting for business combinations, joint ventures and associates
- Managed the completion of annual statutory accounts whilst co-ordinating the annual financial audit, working with the external auditors for timely completion of audit
- Managing the completion of annual and quarterly reporting to the Department of Health
- Oversaw the monthly reporting to Board of Directors
- Including progress against KPI’s, system and process improvements
- Implemented important financial controls
- Significantly reduced month end reporting time
- Significantly improved the accuracy of financial reporting through the introduction of accrual accounting, provisioning of expense accounts, and the completion of accurate, timely review of balance sheet reconciliations
- Improved the budgeting and forecasting processes
- Documented all finance department processes and fine-tuned processes as they were reviewed
- Ensured all roles within the Department were cross trained achieving effective backup of tasks
- Implemented new financial system across the organisation
- Shifted the culture of the organisation from one of complacency in financial performance to one of key financial result ownership and accountability during a restructure, coaching and training of typical non-financial aged care managers to better understanding financial numbers, particularly through the budgeting and monthly reporting cycles
- Redesigned and implemented meaningful Board reports, and aligned the general ledger and financial reports accordingly.
Audit Manager
Deloitte Australia
12.2019 - 03.2022
- Project management of multiple clients with similar reporting deadlines ensuring all deliverables and timelines are met
- Ensuring quality audits in line with Deloitte audit methodology and providing technical expertise on complex transactions
- Overseeing the engagement budgeting and monitoring expenses, ensuring profit margins are achieved
- Negotiating audit fees and out of scope overrun costs where appropriate
- Ensuring sufficient planning of resources for each engagement and liaising with technical experts across various divisions
- Technical consulting on complex areas of the audit such as acquisition accounting, fair value assessments, new accounting standards adoption etc
- Participating in new client opportunities
- Reviewing work of audit teams and providing guidance whilst mentoring large audit teams and acting as a mentor and representative during performance assessments
- Managing partner expectations and identifying roadblock that require partner attention in a timely manner
- Gained experience across multiple sectors (manufacturing, non-for-profit, renewable energy, health care and aged care, retail) engaging with members of senior management and overseeing
- Purchase Price Assessment for large new business acquired, with complex nuances in contingent consideration and employee relationships
- Assessed warranty provisioning for manufacturing and retail clients
- Performed various AASB 16 assessment on adoption of new standard
- Assessing IFRS 15 contract accounting on large development projects
- Assisted client in preparation of IFRS 5 discontinued operations disclosures in financial statements
- Preparation of multi-national group consolidated financial statements
- Goodwill impairment assessment as well as change in CGU’s
- Part of leadership team on the below committees: DA Champions team – responsible for assisting professionals with queries and issues in relation to EMS, Audit Online, Technical Library
- Transformation team – responsible for transformation of Deloitte Western Sydney and adoption of new audit technologies such as Levia; Omnia and DWW’s.
Audit Content Author/ Audit Senior
Deloitte USA
11.2018 - 12.2019
- Authoring content for Deloitte Audit platform EMS Online (Procedure, Risks, Guidance etc.)
- Testing the functionalities and making recommendations relating to EMS Online content
- Assisting in the publish of Revenue Guided Risk Assessments utilized as part of DWW roll out
- Acquired insight into the “direction” in which Deloitte is moving, with regards to the audit practices
- Responsible for weekly Technical Library publishes as well as coordinating with various stakeholders on understanding required updates
- Exposure to latest technical updated communicated to practitioners Omnia
- Assisted in assessment of PCAOB latest updates, and its effect on Omnia, as well as evaluated and authored suggested procedures, guidance items and Tailoring Questions within Omnia.
Audit Senior
Deloitte South Africa
01.2016 - 11.2018
- Lead audit teams as auditor in charge executing audits across private education, transport and logistics, telecommunications performing: Auditing of consolidation for listed groups
- Assessment of the provision for doubtful debt across both the schools and tertiary division
- Performed technical consultation (tax and accounting) on new share scheme implemented
- For new acquisitions performed assessment of company valuation models and purchase price agreements including valuation of intangible assets (foreign and local)
- Performed goodwill calculations and assessed the goodwill balance
- Responsible for the audit the manufacturing group part of the multinational mining group
- Performed the audit of the inventory balance for listed retail company.
Education
Masters - International Taxation
University of North West
01.2021
Bachelor of Commerce Honours - Accounting, CTA
University of Stellenbosh
01.2015
Bachelor of Commerce Honours - Taxation
University of Free State
01.2014
Bachelor - Accounting
University of Free State
01.2013
Skills
- Process Improvement
- Cash Flow Management
- Financial Management
- Risk Management
- Budget Development
- Policy Development
- Internal controls development
- Internal control management
Certification
- Member of Chartered Accountants Australia and New Zealand (CAANZ)
- Member of South African Institute of Chartered Accountants (SAICA)
Timeline
Financial Controller
Anglicare Sydney
03.2022 - Current
Audit Manager
Deloitte Australia
12.2019 - 03.2022
Audit Content Author/ Audit Senior
Deloitte USA
11.2018 - 12.2019
Audit Senior
Deloitte South Africa
01.2016 - 11.2018
Masters - International Taxation
University of North West
Bachelor of Commerce Honours - Accounting, CTA
University of Stellenbosh
Bachelor of Commerce Honours - Taxation
University of Free State
Bachelor - Accounting
University of Free State
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