Summary
Overview
Work History
Education
Skills
Interests
Hobbies
Timeline
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Banele Innocent Mlaba

Banele Innocent Mlaba

Accounting Manager
Johannesburg

Summary

Dynamic Accounting Manager with a proven track record at Khubana Group of Companies, excelling in financial data analysis and cash flow management. Enhanced team productivity through innovative software solutions and meticulous attention to detail, driving significant cost reductions and improving budget compliance. A reliable leader fostering collaboration and strategic decision-making.

Overview

7
7
years of professional experience
3
3
Languages

Work History

Accounting Manager

Khubana Group of Companies
08.2023 - Current
  • Generated monthly and quarterly financial statements for executive review.
  • Managed banking reconciliations and monthly balance sheet statements.
  • Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
  • Managed relationships with external vendors, ensuring timely payments and accurate recording of expenses.
  • Managed journal entries, collection efforts, reconciliations, and payroll processing.
  • Analyzed and reported on financial data to support business decisions.
  • Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
  • Monitored budget allocation and expenditures to enforce compliance with company policies.
  • Assisted executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.
  • Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
  • Collaborated with other departments to achieve accurate and prompt financial reporting.
  • Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
  • Created and maintained financial databases for data entry, tracking and reporting.
  • Implemented efficient budgeting processes to forecast expenses and monitor actual performance against projections.
  • Conducted detailed variance analyses to identify areas of improvement in financial performance.
  • Developed and maintained system of internal controls to prevent fraud and abuse.
  • Improved team productivity with introduction of new accounting software, leading training sessions for staff.
  • Implemented robust controls for expense management, significantly reducing unnecessary expenditures.
  • Played key role in strategic decision-making, offering financial analysis that supported major company initiatives.
  • Facilitated culture of continuous improvement, encouraging team members to suggest and implement process enhancements.
  • Oversaw payroll processing, ensuring accuracy and timely distribution of employee payments.
  • Created financial dashboards to provide insights into key performance indicators.

Junior Accountant

Leonissi
02.2019 - 05.2022
  • Prepared journal entries and entered into system using Sage Accounting.
  • Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
  • Assisted with preparation of monthly financial statements.
  • Reconciled month-end totals for timely and accurate reporting of financial information.
  • Supported inventory control measures by performing physical counts and reconciling discrepancies.
  • Optimized expense tracking methods, leading to more accurate budgeting and forecasting.
  • Improved efficiency in invoice processing, leading to timely payments and better cash flow management.
  • Prepared working papers, reports and supporting documentation for audit findings.

Education

Bachelor of Science - Accounting

University of The Witwatersrand
Johannesburg, South Africa
04.2001 -

National Higher Certificate -

King Edward VII School
Johannesburg, South Africa
04.2001 -

Skills

Month-end reporting

Bank account reconciliations

Invoicing

Staff management

Financial data analysis

Finance

Cash flow management

AP and AR management

Cost accounting

Forecasting

Financial management

Payroll management

Operations management

Cost reduction

Documentation

Intercompany transactions

Inventory auditing

Collections

Budget development

Project accounting

Meticulous attention to detail

Interpersonal relations

Revenue recognition

Fixed asset management

Profit and loss monitoring

Problem-solving

Self motivation

Multitasking

Teamwork and collaboration

Reliability

Analytical skills

Prioritizing and planning

Payment collection

Internal controls

Budget management

Project management

Interests

Reading

Sports

Nature

Hobbies

I am a very proficient golfer and like playing new golf courses.

Timeline

Accounting Manager

Khubana Group of Companies
08.2023 - Current

Junior Accountant

Leonissi
02.2019 - 05.2022

Bachelor of Science - Accounting

University of The Witwatersrand
04.2001 -

National Higher Certificate -

King Edward VII School
04.2001 -
Banele Innocent MlabaAccounting Manager