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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
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 -
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