What is EBITDA? - VHA Accounting Solutions

EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization.

It is a financial measure used to evaluate the operating performance and profitability of a business, by excluding certain expenses that may obscure the underlying operational efficiency. EBITDA is an important measure as it shows how much money a company makes from its core business activities before accounting for non-operational expenses like interest on loans, taxes and depreciation and amortisation.

It is often used by investors, analysts and creditors to assess a company’s’ health and compare it to industry norms. While it sounds complicated, the calculation of EBITDA is straight-forward – Operating Income + depreciation + amortization EBITDA does not consider; capital expenditures, changes in working capital, or non-cash charges other than depreciation and amortization, which may affect a company’s true financial health.

Let us help you turn your financial challenges into opportunities for growth. Contact us: info@vhaaccounting.com

Tagged Accounting, July

Chloe’ Esther Aiyer Gengan

Office Manager

Qualifications – Certificate with Pietermaritzburg Chamber of Business such as – MS Excel 2016 Core (Level 1), Compensation for Occupational Injuries & Diseases (COID) Act & Injury on Duty, Practical Management of Absenteeism in the workplace, Telephone reception. Office Administration Certificate with Damelin and Advanced 120 hour Teach TEFL certificate

I am the office manager at VHA Accounting Solutions. An office manager plays a key role in overseeing the administrative and operational functions within an office or business. Some of the common responsibilities and duties of mine include:

1. Office Administration:
- Managing office operations and procedures
- Supervising administrative staff and delegating tasks
- Overseeing office maintenance, supplies, and equipment
- Handling office budget and expenses

2. Communication and Coordination:
- Acting as a liaison between management and employees
- Handling incoming and outgoing communications (phone calls, emails, etc.)
- Scheduling meetings, appointments, and events
- Coordinating travel arrangements for employees

3. Human Resources Support:
- Assisting with recruitment and onboarding processes
- Maintaining employee records and files
- Managing employee benefits and payroll administration
- Handling employee inquiries and concerns

4. Facilities Management:
- Ensuring a safe and productive work environment
- Coordinating office layout and workspace organization
- Overseeing office security measures
- Managing vendor relationships for office services (cleaning, maintenance, etc.)

5. Administrative Support:
- Supporting executives and managers with administrative tasks
- Drafting and preparing reports, presentations, and documents
- Organizing and maintaining office filing systems
- Assisting with special projects and initiatives

6. Event Planning and Coordination:
- Organizing office events, meetings, and conferences
- Coordinating catering, logistics, and accommodations for events
- Managing invitations, RSVPs, and event follow-up

7. Technology and IT Support:
- Overseeing office technology needs and equipment maintenance
- Providing basic IT support to employees
- Collaborating with external IT vendors for troubleshooting and upgrades

Overall, an office manager plays a crucial role in ensuring the smooth and efficient operation of an office environment. They are responsible for managing various administrative tasks, supporting human resources functions, coordinating communication and logistics, and providing overall support to ensure the office runs effectively and efficiently.

chloe@vhaaccounting.com 066 307 2834 087 109 0712