Prince Reginald Clarke
Georgetown
Summary
Dynamic finance executive with extensive experience at Facey Telecom, adept in financial modelling and risk management. Proven track record of enhancing profitability through strategic budgeting and forecasting. Skilled in team motivation and collaboration, successfully led initiatives that improved financial reporting accuracy and compliance, driving organizational growth and stability.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Chief Financial Officer (CCA)
Facey Telecom
10.2019 - 07.2024
- Developed financial strategies to support organizational growth at Facey Telecom.
- Oversaw budgeting processes to ensure adequate resource allocation and financial stability.
- Led financial forecasting efforts to guide decision-making across departments.
- Collaborated with executive teams to align financial goals with business objectives.
- Managed compliance with regulatory standards and financial reporting requirements.
- Implemented risk management strategies to safeguard company assets and investments.
- Mentored finance team members, fostering professional development and collaboration.
- Oversaw cash flow management activities, including accounts receivable and payable processing, payroll administration and banking functions.
- Recruited, trained, and managed accounting staff to enhance operational efficiency and accuracy.
- Conducted financial reviews of operations to identify opportunities for cost savings and process improvements.
- Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility.
- Completed analysis of company financial data and produced industry reports outlining metrics and results.
- Created and implemented best practices to standardize internal processes and procedures.
- Restructured outstanding debt, resulting in a reduction in annual interest expenses.
- Monitored economic conditions to provide insight into potential impacts on the organization's finances.
- Formulated and delivered financial and budget reports for investors, partners and stakeholders.
- Collaborated with business unit managers to prepare annual financial reports.
- Implemented risk management strategies to protect assets and mitigate losses.
- Analyses business trends and provided forecasts to the senior management team for decision-making purposes.
- Minimized losses by improving financial strategies to enhance the corporate position.
- Supported company growth objectives by developing solid financial plans.
- Prepared detailed reports for executive leadership regarding key performance indicators such as sales growth or expense ratios.
- Prepared financial forecasts to support fiscal planning and management.
- Established policies related to internal controls over accounting systems as well as financial processes within the organisation.
- Analyses business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
- Directed the preparation of timely and accurate financial statements in accordance with IFRS.
- Created annual budgets and monitored performance against them to ensure achievement of objectives.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Managed relationships with external auditors to ensure compliance with all regulations.
Finance Director
Facey Telecom
06.2012 - 10.2019
- Developed and implemented annual financial plans and budgets.
- Managed budgeting processes across multiple departments.
- Directed cost analysis to identify areas for operational improvements.
- Collaborated with cross-functional teams on financial forecasting.
- Implemented financial systems to streamline reporting processes.
- Monitored cash flow, prepared monthly financial statements, and analyses trends to ensure appropriate use of funds.
- Oversaw compliance with financial regulations and reporting standards.
- Worked with regulatory representatives to complete accurate filings and maintain compliance.
- Reviewed financial reports for accuracy and completeness in compliance with Generally Accepted Accounting Principles.
- Managed the preparation of all external financial reporting, including audited financial statements.
- Created and enforced company-wide controls on revenue and expenses to safeguard organization’s assets.
- Established policies and procedures related to accounting systems, internal controls, budgeting, forecasting, and purchasing.
- Designed short-term financing strategies to meet working capital needs while optimizing returns on idle cash balances.
- Mentored finance staff to improve team performance and skills.
Finance Controller
Telecom Solutions Guyana Inc
10.2006 - 06.2012
- Oversaw month-end closing process, prepared financial statements, and managed reconciliations to ensure accurate financial reporting.
- Coordinated and finalized quarterly and annual financial reporting packages.
- Coordinated financial statement reviews and variance reporting, analyzing year-to-date and forecast performance against expectations.
- Provided timely actuals, forecast and budget data for IT and corporate management.
- Prepared and presented operational reports to senior management and executive teams, facilitating informed decision-making.
- Established controls and reporting systems to optimize governance structure.
Accounts Clerk/Finance Manager/Operations Manager
Demerara Distillers Limited
08.1995 - 10.2006
- Completed month-end and year-end closings, maintained audit-ready records and ensured timely accounting transaction entries.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
- Oversaw budget preparation, ensuring alignment with strategic goals and financial health.
- Conducted variance analysis to identify discrepancies between actual and budgeted performance.
- Created financial management mechanisms to minimize financial risk to business.
- Analyzed complex financial data and produced actionable reports to support strategic decision-making for senior management.
- Managed diverse team of 100 employees, driving collaboration to meet departmental objectives.
- Manage the system of procurement to ensure the continuous availability of raw materials and finished products.
- Coordination of daily bottling plan operations.
- Coordinate orders for export.
Education
L.E.C - Law
Hugh Wooding Law School
St Augustine, Trinidad And Tobago.11-2026
LL.B (Bachelor of Laws) - Law
University of Guyana
Turkeyen East Coast Demerara10.2024
PGDip (Merit) - Business Administration
Oxford Brookes University
U.K.03.2017
Chartered Certified Accountant and a Fellow (FCCA) - Accounting And Finance
Association of Chartered Certified Accountants
United Kingdom06.2002
Skills
- Financial modelling
- Analytical skills
- Communication skills
- Negotiation skills
- ERP systems implementation
- Financial consolidation software
- SAP
- Cognos
- Operational capability
- Collaborative approach
- Multi-entity group consolidation
- Decision-making information
- Risk Management
- Regulatory compliance
- Capital Raise
- Debt restructuring
- Borrowing mix determination
- Debt monitoring ratios
- Team motivation
- Revenue analysis
- Margin analysis
- Profitability analysis
- Working capital management
- Consolidated Financials preparation
- Audited Financial statements analysis
- Investment project appraisal
- Tax analysis
- Tax liability reduction
- Merger and acquisition project management
- Group Audits management
- Budgeting
- Planning
- Forecasting
- Performance reporting
- Legal Research
- Legal Analysis
Certification
• FCCA
• PGDip in Business Administration
• LLB
• SAP ERP Project Team - Led the Costing Module
• PGDip in Business Administration
• LLB
• SAP ERP Project Team - Led the Costing Module
Professional Focus
- Continuous enhancement of knowledge and skills.
- Experienced Chief Financial Officer, Finance, Accounting, General Management and Tax Specialist.
- Helping companies to be tax efficient and manage business risk at all levels.
- Innovative approach to Financial Management, General Management and Control.
- Lead and mentor finance and operational teams across all group companies.
- Develop a culture of accountability, ethics, and performance excellence.
- Emerging legal practitioner to help companies navigate the complex legal environment.
Languages
English
Native
Native
Spanish
Beginner (A1)
A1
References
References available upon request.
Timeline
Chief Financial Officer (CCA)
Facey Telecom
10.2019 - 07.2024
Finance Director
Facey Telecom
06.2012 - 10.2019
Finance Controller
Telecom Solutions Guyana Inc
10.2006 - 06.2012
Accounts Clerk/Finance Manager/Operations Manager
Demerara Distillers Limited
08.1995 - 10.2006
L.E.C - Law
Hugh Wooding Law School
LL.B (Bachelor of Laws) - Law
University of Guyana
PGDip (Merit) - Business Administration
Oxford Brookes University
Chartered Certified Accountant and a Fellow (FCCA) - Accounting And Finance
Association of Chartered Certified Accountants