Summary
Overview
Work History
Education
Skills
Keycompetencies
References
Extracurricular Activities
Volunteer Experience
Languages
Accomplishments
Certification
Timeline
Generic

Makalita Fane Fonua

Shoalwater,Western Australia

Summary

I am an Associate member of CPA Australia (ASA) and recently graduated from the University of Sydney with a Master of Professional Accounting. Since 2015, I have been working as an accountant. At 33 years old, I am eager to take on an opportunity where I can showcase my skills and experiences. I am reliable and capable of completing tasks both independently and as part of a team. With strong communication skills, I am keen to learn new skills and excited to take on any work required to complete projects. I am a versatile professional adept in financial analysis, audit support, account reconciliations, and collections. I am proficient in preparing financial statements, monitoring controls, and completing closings. I am easy to work with and a team player.

Overview

9
9
years of professional experience
1
1
Certification

Work History

Interim Chief Financial Officer

Tonga Power
Nukualofa, Tonga
28.07.23 - Current
  • Recruited, trained and managed staff responsible for accounting functions within the organization.
  • Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
  • Evaluated new business opportunities from a financial standpoint in order to determine viability of projects.
  • Managed relationships with external auditors, bankers and investors to ensure compliance with all regulations.
  • Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
  • Collaborated with IT department on implementation of software solutions that streamline financial processes.
  • Established policies related to internal controls over accounting systems as well as financial processes within the organization.
  • Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.
  • Created annual budgets and monitored performance against them to ensure objectives were achieved.
  • Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
  • Ensured compliance with federal, state and local laws regarding taxation and reporting requirements.

Project Accountant

European Union Office (Ministry of Finance, Tonga)
Tonga
10.2015 - 07.2017
  • Manage all purchase orders, requisitions, payroll timesheets, and financial documents for accuracy and for compliance with approved Budget guidelines
  • Monitor all the financial transaction of the project including communication and arrangements with the financial institutions and other donor partners with bank reconciliation
  • Monitor the EU assets /Proper record of the debts and records of the EU
  • Keep accurate records of all expenditures in accordance with the current procedures required from Accounting Officers in the Tongan Government and in accordance with EDF Guidelines
  • Monitor the availability of funds in the budget, maintain a running balance of remaining budget items, and bring to the attention to the project coordinator if any concerns
  • Prepare and submit to the Programme Coordinator/delegation of the European Union monthly financial report on all projects
  • Prepare cash flow forecasts
  • Provide financial support to Non- State Actors with grant processes if required
  • Assist on the Civil Society Organization Audit verification
  • Assist project coordinator implementing projects
  • Represent Tonga in official meetings in the EU office in Suva discussing the EU budget implementations.

Senior Accountant

Tonga National Qualification and Accreditation Board
Tonga
08.2017 - 30.07.22
  • Prepare/manage budget and report to management regarding the finances
  • Prepare/provide budget consultation with CEO, staff and providers for preparing of budget
  • Assist/perform internal auditor role to the finance unit
  • Liaise with external auditors and monitor the processes and the documentation
  • Prepare tax returns and to ensure the compliance with the Revenue Act and the reporting of the other tax requirements this is for monthly and annually
  • Recommend amendments to the Act and Regulations to comply with the updated Taxation Act
  • Provide financial Support to providers or stakeholder
  • Prepare Financial Reports and relevant documents for external audits
  • Conduct reconciliation of financial transactions in ledger accounts, bank accounts monthly from bank statement
  • Present weekly cash flow reports
  • Prepare monthly, quarterly, and annual financial reports such as Balance sheet, Profit and loss etc.
  • Coordinated with other departments on various accounting activities such as month-end close process or budget preparation.
  • Monitored accounts payable activity to ensure accuracy and timeliness of payment processing.
  • Provided support to internal and external auditors during the annual audit process.

Project Accountant

Tonga Power Limted
Nukualofa, Tonga
01.08.22 - 26.07.23
  • Ensured compliance with applicable laws, regulations, policies, procedures, and standards relating to financial activities.
  • Provided support in the preparation of board presentations regarding project performance metrics.
  • Prepared financial statements including balance sheets, income statements, cash flows, and other related documents.
  • Assisted in the preparation of tax returns related to projects when necessary.
  • Managed and maintained project budgets, monitored expenses, and tracked financials.
  • Developed tools for monitoring project performance against established benchmarks.
  • Performed ad-hoc analysis as required to support decision making related to project budgets.
  • Approved supplier invoices and overhead charges related to projects.
  • Communicated with project management and professionals to monitor job progress cost reporting.
  • Reviewed invoices for accuracy prior to payment processing.
  • Analyzed revenue and expense trends to identify opportunities for cost savings.
  • Developed and oversaw project accounting systems.
  • Conducted financial analysis and research to advise senior management on forecasting decisions.

Education

Master of Professional Accounting - Accounting

University of Sydney
Sydney, NSW
07.2024

Bachelor of Business major Accounting -

Auckland Unitec
06.2015

New Zealand Diploma in Business - Accounting

Whitireia Institute Auckland
06.2012

Associate Member of The CPA Australia - Ethics and Governance, Advance audit, Completed foundation

June 2021- Present
Sydney, NSW

Skills

  • Written and administrative skills
  • Ms Office skills & excel
  • Financial and sales reports
  • Spreadsheets
  • Charts
  • Data analysis & Analytical skills
  • Problem solving
  • Communication skills
  • Organisational skills
  • Prioritising competing tasks
  • Financial Reporting
  • Quantitative Analysis
  • Public Accounting
  • Program Leadership
  • Business Forecasting

Keycompetencies

Developed and refined Ms Office skills through experience in a variety of financial and sales reports, including spreadsheets, formulas, charts and data analysis., Demonstrated strong aptitude for analytical processing of information through using advanced MS Excel Skills, Proactively identified complex problems and creatively developed appropriate alternative solutions and effectively resolved issues with the most suitable method of communication., Excellent communication skills to effectively communicate with costumers in English and to solve operational issues in a timely manner., Demonstrated strong organisational skills through effectively prioritising competing tasks.

References

  • Dr Rodney Coyte, Senior Lecturer, University of Sydney, +61293518615, rodney.coyte@sydney.edu.au
  • Dr Peni Fukofuka, Lecturer, AUT, +61 401 525 050, peni.fukofuka@aut.ac.nz
  • Rosemary King, FCA,ACCA, University of Sydney, +61 8627 6878, rosemary.king@sydney.edu.au
  • Grace King , ADB Regional Tonga, gking@adb.fj
  • Opeti Pulotu, CEO for TNQAB, 676-28136,
  • Falemei Fale, Acting CEO, Tonga Power Ltd, ffale@tongapower.to

Extracurricular Activities

Captain for the National field hockey team for Tonga to Samoa

Volunteer Experience

  • I have taken part of some volunteer work for the University including research and collecting date for the Charity database in the Australia - 2020
  • Provide consulting work for Rely Ltd Australia company - 2021
  • Women Leadership Initiative programme held in Canberra and Sydney Australia

Languages

English
Full Professional
Tonga
Native/ Bilingual

Accomplishments

Best overall Bachelor of Business accounting major in Accountancy

Job Smart Ultra Gold - University of Sydney

Certification

  • Associate Member of the CPA

Timeline

Senior Accountant

Tonga National Qualification and Accreditation Board
08.2017 - 30.07.22

Project Accountant

European Union Office (Ministry of Finance, Tonga)
10.2015 - 07.2017

Interim Chief Financial Officer

Tonga Power
28.07.23 - Current

Project Accountant

Tonga Power Limted
01.08.22 - 26.07.23

Master of Professional Accounting - Accounting

University of Sydney

Bachelor of Business major Accounting -

Auckland Unitec

New Zealand Diploma in Business - Accounting

Whitireia Institute Auckland

Associate Member of The CPA Australia - Ethics and Governance, Advance audit, Completed foundation

June 2021- Present

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Makalita Fane Fonua