Wanton Serogole

Cost Controller with over 27 years of experience in procurement, cost control, budgeting, forecasting, and financial reporting within the construction and mining sectors. Proven leader with a strong track record of managing teams, implementing financial controls, and driving operational efficiency. Skilled in variance analysis and ERP systems including Valo, BuildSmart, and AS400, with a results-driven approach to supporting strategic decision-making and enhancing profitability.

Senior Cost Controller at BASIL READ (2015-04 – 2023-08)

• Drive project budget management and cost control, ensuring projects remain within budget and resources are allocated efficiently.
• Prepare a monthly cost report, with variance analysis.
• Streamline financial reporting by producing accurate monthly management accounts, providing senior leadership with timely and actionable financial insights.
• Optimize cash flow management through regular bank reconciliations and cash flow projections, maintaining strong liquidity and enhancing financial forecasting accuracy.
• Oversee accounts payable management, ensuring timely payment processing, accurate reconciliation of POs, GRNs and strengthening vendor relations.
• Sourcing and vetting suppliers for procurement of services such as security, plant etc.
• Manage procurement for fixed assets, office supplies, and operational needs, driving cost-saving initiatives across multiple categories.
• Lead Financial Year End reporting, preparing and presenting comprehensive reports to the board, ensuring alignment with corporate financial goals and strategies.
• Handle intercompany transactions and reconciliations, ensuring seamless and accurate financial integration across business units.
• Support internal control development and monitoring, ensuring compliance with regulations and safeguarding company assets.
• Preparing wages
• Compiling plant and machinery hourly rates
• Managed monthly travel expense reporting for the staff, ensuring compliance and timely reconciliation of travel-related expenses.
• Handling employment, terminations and benefits including UIF for temporary staff on wages.
• Procurement and monitoring of diesel consumption on site

Finance Manager at BASIL READ (2011-06 – 2015-03)

• Monitor and control project costs against approved construction budgets.
• Prepare and maintain project cost reports, budgets, forecasts, and cash-flow reports.
• Track actual expenditure against budget and investigate cost variances.
• Monitor costs for labour, materials, plant, equipment, subcontractors, and site expenses.
• Verify supplier invoices, purchase orders, delivery notes, and goods received documentation.
• Process and reconcile subcontractor and supplier accounts.
• Monitor subcontractor payments, valuations, claims, and retention amounts.
• Track project commitments, outstanding

Cost Controller at Cosmo City (2004-07 – 2011-05)

• Monitor and control project costs to ensure adherence to approved budgets.
• Prepare, maintain, and update project budgets, forecasts, and cash flow projections.
• Analyse cost variances and provide recommendations to improve financial performance.
• Track and report project expenditures, commitments, and cost trends.
• Review and process subcontractor payment certificates and supplier invoices.
• Monitor procurement activities and ensure costs remain within budgeted limits.
• Prepare monthly cost reports, management reports, and project financial summaries.
• Reconcile project costs and verify the accuracy of financial data.
• Support tender and estimating teams with cost analysis and historical cost information.
• Maintain cost control systems and ensure compliance with company procedures.
• Liaise with project managers, site teams, procurement, and finance departments regarding project costs.
• Identify financial risks and opportunities to improve project profitability.
• Monitor labour, plant, and material costs against approved budgets.
• Assist with audits and ensure compliance with contractual and financial requirements.
• Provide financial insights and recommendations to senior management.

Site Administrator at Basil Read (2002-09 – 2004-06)

• Oversee daily administrative operations, including recordkeeping, documentation, and compliance with safety regulations.
• Facilitate communication between project managers, contractors, and site workers to ensure project milestones are met.
• Prepare and manage project documentation, including contracts, budgets, and schedules, ensuring all records are accurate and up to date.
• Assist in the procurement of materials and supplies, ensuring timely delivery to the construction site.
• Provide support to the site manager in leading teams and managing project schedules, helping to maintain an efficient work environment.

Site Administrator at Basil Read (2001-10 – 2002-08)

Site Administrator at Basil Read (2000-10 – 2001-09)

Site Administrator at Basil Read (1998-05 – 2000-09)

Wages Clerk at Nelson Mandela Road (1996-04 – 1998-04)

• Collect and verify employees' timesheets and payroll data to ensure accurate payment calculations, including regular hours, overtime, and leave.
• Manage compensation packages using payroll software, ensuring compliance with relevant laws and regulations.
• Deductions and Taxes: Calculate and apply necessary deductions, such as taxes and other statutory contributions, to employees' wages.
• Maintain and update payroll records regularly to ensure accuracy and compliance with company policies and legal requirements.
• Prepare and distribute payroll reports to management and assist in audits as required.

Higher Diploma in Computer and Business Administration – Stanford College

Certificate in Site Administration – In-Service Industrial Training Scheme

Grade 12 in Matric