Dimakatso Tlelima
Finance Manager
Honeydew
Summary
A skilled, hardworking and results driven Finance Manger bringing 8 years of experience working in the media and advertising industry. Successful in leading teams (current 4.5 years) and achieving set targets, implementation of controls and processes set by the local and global finance departments.
Key achievements include: Maintaining month-end deadline by implementing efficiencies in streamlining targets throughout the month,managing the external audit process and reducing its completing turn-around time, SARS income tax and VAT audit - reversal of higher assessment raised after review of work performed, maintaining a lower remedial action required on Annual internal Audit reviews. Maintaining relationships with other departments and providing workable financial data to the divisional Managing Directors. My next career move and direction is to uncover opportunities to improve financial growth, risk management and internal controls when managing all accounting functions. In heading into that direction in summary I will bring talent and expertise to organization offering opportunities for advancement.
Overview
14
14
years of professional experience
22
22
years of post-secondary education
Work History
Financial Manager
IPG Mediabrands South Africa - Traditional and Digital Media Group
Bryanston
2 2020 - Current
- Review of and monitoring of weekly cash flow
- Conducting of Monthly WIP meetings with operations department; further investigation on aged jobs, jobs with large variances and closure of reconciled jobs
- Revenue analysis - review of accrual listing and support from operations, review of month-end flash and tracking of budget vs actual revenue
- Expenses analysis - tracking of recurring expenses with AP department, variance analysis vs budgeted expenses
- Review of monthly salary schedules from external payroll service provider for journal processing
- Review of weekly payment reconciliations and releasing thereof
- Review of month-end recons file and Navision vs Hyperion comparison
- Preparation of reporting schedules - Income statement, Balance sheet and supporting schedules (WIP, Revenue by client, debtors and creditors, bad debts provision)
- Full reporting in Hyperion of monthly actuals and budgets, reconciliation between Navision vs Hyperion
- Heading of audits - Client, SOX and external audit
- Preparation of provisional tax and year-end tax computation
- Review and approval of Masterfile requests against applicable supporting documents
- Review and submission of VAT Returns
- Other Adhoc functions as requested by the CFO and Divisional MDs.
Financial Controller
Promise Brand Specialists (Pty) Ltd - Creative and Digital Agency
Bryanston
2018.10 - 2020.01
- Budget and actual analysis of the income statement - month-on-month
- Retainer revenue tracking and billing thereof
- Monitor debtors age analysis and follow up with the finance assistant on ageing debtors
- Full payroll function
- Approval of retainer CEs in Chase Production
- Preparation of provisional tax and year-end tax computation
- Preparation of year-end audit file - audit contact person for queries
- Other Adhoc functions as requested by the Financial Director.
Assistant Financial Controller
McCann World Group South Africa - Full-Service Advertising Group
Sandton
2017.07 - 2018.09
- Prepare and reconcile monthly VAT returns and submit to SARS
- Weekly cash flow planning, verification and releasing of payments (Citi Bank)
- Preparation of monthly recurring journals, analytical review of income statement, revaluation of foreign clients and suppliers prior to month end reporting as well as the management file
- Preparation of quarterly and annual forecasts with the HODs and Group Financial Controller
- Review of intercompany debtors and creditors ageing
- Assist with year-end auditors and IPG auditors - testing of group compliance in accordance with SOX Act
- Maintain the Chase database - reconciliation and closing of jobs, manage user profiles, approval of purchase orders and credit notes
- Assist with the preparation of corporate Audit and Tax packs according to the set requirements
- Other Adhoc functions as requested by the Group Financial Controller.
Financial Controller
MMS Communications (Pty) Ltd - SSC For Publicis Groupe Agencies
Fourways
2016.02 - 2017.06
- Monthly reporting (National and International) - ensure general ledger posted transactions are complete, accurate and valid
- Confirm and revalue foreign intercompany balances for month end and year-end reporting
- Inspect possible intercompany mismatches, investigate mismatches where applicable and make necessary adjustments if applicable
- Prepare monthly balance sheet reconciliations on time for review prior to reporting, monitoring and investigating of reconciling items
- Liaise with external and internal auditors, ensuring all the demands of these functions are met
- Preparation of Annual Financial Statements
- Maintain a strong link with the finance operations team, which are responsible for the agencies I report on
- Enquire from them on unusual transactions identified, make sound judgments using professional scepticism and knowledge of the agencies
- Completion of the monthly month end file with all the required supporting documents
- Review of fellow Financial Controller's files and making notes of improvement
- Verification and release of payments (ABSA Bank); and Preparation and submission of STATSSA quarterly and annual reports.
Trainee Accountant (SAICA)
Logista CA (SA) Incorporated (Pretoria) - Audit firm
Brooklyn
2013.01 - 2015.12
- Preparation of financial statements for: Private Companies - and consolidation of group statements; Close Corporations; Trusts; Individual financial statements
- General bookkeeping
- Preparation of applicable schedules such as: fixed asset registers, loan schedules, Inventory, VAT and payroll reconciliations
- Calculation of various taxes and preparation of returns: Income Tax - preparation of ITR14, IT12TR, IT14SD and ITR12T; Calculation of income tax and deferred taxes - preparation of tax computations; VAT - auditing thereof; Withholding tax - submission of DTR; and Payroll taxes- auditing thereof
- Full audit process - planning, execution and finalisation
- Secondments: Team member on Auditor General audit - SASSA Limpopo Province (2013/2014, 2014/2015)
- Team member: Sizwe-Ntsaluba Gobodo audit - Transnet Engineering - Kilner Park (March - April 2013).
Administration Assistant
ML Accountants (Pty) Ltd - Accounting services
Randburg
2012.04 - 2012.12
- Registration, filing of annual returns, statutory amendments of Companies and Close Corporations at Companies and Intellectual Property Commission (CIPC)
- Registration and amendments of Trusts at The Master of the High Court
- Recording of bank transactions in Pastel Accounting to trial balance
- Creating and updating of client profiles (Companies in, CCs, NGOs, Trusts and Individuals) on SecWare.
Analyst
South African Revenue Service - Government Institution
Brooklyn
2010.11 - 2012.03
- Evaluate the data in order to identify potential areas of risk and provide information for analysis
- Contacting identified clients for information needed as identified on data working from
- Conduct compliance business research projects per allocated segment to enable reporting on tax compliance (CIT, Payroll, VAT, Personal IT - HNWI)
- Provide accurate and complete analysis to support risk identification process and interpretation
- Provide understanding of taxpayer behaviour towards compliance
- Compilation of reports on the data worked on and presentation thereof to team leaders and managers.
Education
Bcom Accounting -
UNIVERSITY OF JOHANNESBURG
2007.01 - 2024.06
General Smuts High School
2002.01 - 2006.12
Skills
Cash Flow Management
Financial Forecasting
Financial statements expertise
Adaptability and Flexibility
General Ledger Management
Team Oversight
Analytical Skills
Residentialarea
Honeydew
Cellnumber
083-775-9550
Professionalassociation
SAICA - Associate General Accountant (SA)
Computerprogrammes
- Advertising ERP: Chase Media, Chase Production, Chase Insight, Microsoft Navision and Workbook
- Reporting: Hyperion Financial Management (Oracle)
- Drafting financial statements/audit: Caseware, Pastel Accounting and Draftworx
- Payroll: Sage VIP Payroll
- General: Microsoft Office
Personal Information
Date of Birth: 04/19/89
References
Available on request
Timeline
Financial Controller
Promise Brand Specialists (Pty) Ltd - Creative and Digital Agency
2018.10 - 2020.01
Assistant Financial Controller
McCann World Group South Africa - Full-Service Advertising Group
2017.07 - 2018.09
Financial Controller
MMS Communications (Pty) Ltd - SSC For Publicis Groupe Agencies
2016.02 - 2017.06
Trainee Accountant (SAICA)
Logista CA (SA) Incorporated (Pretoria) - Audit firm
2013.01 - 2015.12
Administration Assistant
ML Accountants (Pty) Ltd - Accounting services
2012.04 - 2012.12
Analyst
South African Revenue Service - Government Institution
2010.11 - 2012.03
Bcom Accounting -
UNIVERSITY OF JOHANNESBURG
2007.01 - 2024.06
General Smuts High School
2002.01 - 2006.12
Financial Manager
IPG Mediabrands South Africa - Traditional and Digital Media Group
2 2020 - Current
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