Services
Find the expert accounting, taxation, payroll, hr, and internal audit services you need to successfully operate your business.
We provides professional Accounting and bookkeeping that enable our business partners to benefit from valued adding reports for decision making. Our service offering is both cost-effective and efficient which are one of the key objectives of our business partners. operate streamlined processes while navigating the complex maze of legislation. Our accounting services help our business partners to better manage costs, access detailed reports and analysis, and keep abreast of accounting technology.
Our staff complement has knowledge and experience that cut across a wide range of industries thereby providing specialist service as per our business partner needs. Our team will work collaboratively with you to understand the unique aspects of your business and any challenges you may face. This allows us to develop customised accounting solutions.
Our Accounting services include, but not limited to, the following:
• Preparation of monthly management accounts
• Proper bookkeeping /recordkeeping using appropriate accounting system
• Preparations of budgets and monitoring thereof
• Preparation and reconciliation of accounts receivable and accounts payable
• Annual Financial Statements
We can free up time spent on payroll functions and save you costs of hiring staff to perform these functions. Our processes are developed to ensure all payroll functions and related activities are performed.
We keep ourselves up to date with legislative changes ensuring compliance is met with all payroll authorities. We provide you with a payroll system were your employee information is kept in a safe and secure environment.
• Preparation of the payroll on a monthly basis
• Processing and submission of payslips to employees
• Payment of net salaries to employees
• Providing detailed payroll reports on employees leave, earnings, deductions, etc.
• Calculation of amounts due for PAYE, SDL, NEC and ZIMDEF
• Calculating the payroll taxes
• Advise on the amount payable to ZIMRA in respect of PAYE and SDL
• Manage communication from ZIMRA and other institutions relating to the payroll
• Payroll Tax Planning
In today’s world, Human Resources (HR) is vital. The labour laws change frequently and sometimes it is difficult for an employer to keep up. Many of the pitfalls that companies fall into can be prevented with an experienced and knowledgeable Human Resources service provider.
At Mukanya Financial Services we provide high-quality HR services at affordable prices. That saves your company time and money and enables you to focus on your core business. Our range of services include:
• Drafting company policies and procedures
• Auditing company policies and procedures
• Recruitment and selection
• Contracting and management of the employer/employee relationship
• Job descriptions and KPIs
• Performance management
• Staff Retention & Succession planning
• Disciplinary and grievance processes
• Discrimination and harassment investigations
• Statutory compliance
• Training & Development
• Human Resources (HR) Reports
Get the services of an experienced HR person who will ensure that your company complies with labour laws and avoids common pitfalls. Allow us to guide you through some of the complicated Human Resources processes.
We provide specialist risk advice to our business partners. This is especially important in that the current operating environment is very volatile and we assist our partners to have all hands-on deck. We provide analysis and advise on both upside and downside risks and ways to mitigate these risks to the benefit of our business partners.
We live in a computerised age where technology enables us to enhance a wide variety of business processes. Using software and hardware effectively can provide enormous benefit to your business.
At Mukanya Financial Services we have embraced computerised systems, ensuring our experienced, trained professionals can:
• Discuss the best system to further your business
• Install and configure software to suit your purposes
• Recommend processes to make your computer system more secure
• Suggest accounting software applications suitable for your business
• Train clients to be self-sufficient users of a range of software applications
Whether you are thinking about obtaining new computer hardware or looking at completely changing your business systems, our team is willing and able to assist you.
We provides secretarial services at a competitive fee to ensure that our business partners comply with all statutory obligations and avoid non-compliance costs. Our extensive knowledge in all areas of regulation means we work with a broad range of organisations, from both public and private profit companies to non-profit charities. We do assist our business partners whether you are just starting up or need extensive professional support for their growing businesses. We provide the following company secretarial services:
• Registration of companies,
• Share capital changes
• Assistance with changes of directors, shareholders, addresses and office details
• Preparing and submission of annual returns
• Share transfers
• Drafting of company resolutions
• Preparation of Annual General Meetings required documentation as well as minutes
• Minute taking on various committee meetings
• Maintenance of Statutory records to Companies Legislation
• General advice on company law
As Mukanya Financial Services, our objective is to ensure our business partners comply with the relevant legislation while at the same time striving to minimise their tax liabilities where possible in an efficient and practical manner. These tax laws are constantly changing and hence the need to always keep abreast with legal requirements for the benefit of our business partners. We provide specialist advice to ensure our business partners manage their taxes properly and avoid financial loss and other serious consequences on non-compliance. We also value the importance of having long term relationships with our client. Getting to know needs over time consequently enables us in proactively reacting to the changes in your tax requirements and specifically suit your circumstances, thus your tax accountable partners. Mukanya Financial Services offers expertise in corporate tax compliance, VAT and payroll among other specialist areas of tax. Our tax professionals will help our business partners to prepare, manage and execute tax filings in accordance with legal requirements and best practice.
At Mukanya Financial Services we are ready and able to assist you with the following tax services:
• Tax registrations (Income Tax, VAT, PAYE, SDL, Diesel Rebate, Dividend withholding tax, etc)
• Income tax calculations and returns for Individuals and companies.
• Provisional Tax calculations and returns
• Drafting Tax Policies and Procedures
• Public Benefit Organisations and tax-exempt entity tax calculations and returns
• Tax planning
• PAYE and SDL calculation and returns
• VAT compilations and returns
• Diesel rebate compilations and returns
• Withholding calculations and returns (e.g. dividends, interest and royalties)
• Applications in respect of the Voluntary Disclosure Programme
• Tax clearance certificates and Tax directives
• Capital Gains Tax Clearance Certificates
• Tax dispute resolutions (Drafting disputes and appeals, attending meetings at ZIMRA representing the client)
• Amending/updating ZIMRA registered details
• Estate Planning
Our internal audit service is designed to provide independent assurance that the companies risk management, governance, and internal control processes are operating effectively.
The ability to manage emerging risks effectively is one of the main characteristics differentiating the ‘most effective’ organisations from the rest.
The challenges and experiences of the last global economic crisis taught us that managing risk for any business remains a VITAL requirement. Thus, the need to demonstrate probity and efficient management of resources becomes critical. There are four ways an organisation can deal with identified risks i.e. Accept, Transfer, Avoid or Mitigate.
The key to success lies in realising that risk is not something that should be avoided, more often than not, a risk also can represent an opportunity in disguise.
As the adage goes “if it can’t be measured, it definitely can’t be managed”, we assist businesses with services across the challenging spheres of risk management:
1. Risk identification and monitoring;
2. Internal controls assessment; and
3. Audit Committee report preparation and presentation
Where an organization does not have an in-house Internal Audit function, SKG will assist in advising on critical business risks, implementation of effective controls and compliance processes, identifying better practices, reducing the cost of operations and realizing improvement opportunities.
We provide analytical reviews of business performance and financial position and provide professional advice on how to enable continuous improvement in the business performance of our partners. We also provide advice on the latest advanced technologies to help optimise business performance whilst ensuring that our partners make the best decision based on our analytics.
