Hopewell B.Masikane
Professional Accountant, Audit ,Tax And Finance Leader
Randburg
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Work Preference
Important To Me
Career advancementWork-life balanceCompany CultureFlexible work hoursPaid sick leaveTeam Building / Company RetreatsHealthcare benefits4-day work weekWork from home optionSummary
Results-driven finance professional with 16 years of experience in auditing, tax compliance, financial management, and corporate reporting. Accredited member of CIBA and SAIT, skilled in leading audit and finance teams, managing complex consolidations, and ensuring compliance across multinational subsidiaries. Delivers value through strategic governance, risk management, and tax advisory.
Overview
1
1
Language
17
17
years of professional experience
Work History
Head of Audit and Tax Compliance
NEC Africa Group (Pty) Ltd
08.2021 - Current
- Statutory Audit Oversight: Directed audit processes for 13 multinational subsidiaries based SADEC Region East and West Africa, ensuring compliance with regulatory standards and enhancing operational efficiency.
- Statutory Audit Efficiency: Streamlined Group audit processes, achieving year on year timely completion and reporting of audited financial statements within six months of year-end.
- Consolidations & Reporting: Prepared consolidated financial statements (2 consolidations, 13 subsidiaries) and reconciled management accounts to annual financials for EXCO reporting.
- Internal Audit Execution: Led internal audits across the Group and cross-border subsidiaries, implemented recommended improvements within the Internal control environment.
- Audit Leadership: Oversaw audit teams, mentored staff, and improved audit quality through refined methodologies and best practices.
- Risk Management: Implemented risk assessment frameworks, identifying key improvement areas and aligning them with business objectives.
- Tax Compliance: Directed tax compliance initiatives, ensuring accurate filings, minimizing liabilities, and optimizing reporting accuracy.
- Tax Strategy & Advisory: Developed and maintained the Group’s tax strategy, managed tax audits, assessments, and provided in-house advisory support.
- Transfer Pricing & Computations: Maintained local transfer pricing files and prepared tax computations for all subsidiaries.
- Policy & Governance: Maintained audit and tax policies, supported JSOX audits, ISO certification, and served as a member of the Audit & Risk Management Committee.
- Cross-Functional Collaboration: Partnered with business units to streamline reporting processes, foster compliance culture, and enhance operational workflows.
- Training & Development: Established compliance training programs, reinforcing accountability and professional growth within finance teams.
- Board Meetings packs and reporting: Collaborated with CFO , COO and Management Committee in preparing quarterly Board Meeting packs
Financial Manager- Africa
NEC Africa Group (Pty) Ltd
12.2017 - 07.2021
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks from the normal 10 working days after month to 6 working days.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely (+/- 105 million ZAR net tangible asset value)
- Led successful integration of financial systems from Sage Accounting to Dynamic 365 following merger in 2018, ensuring continuity and accuracy of financial reporting.
- Full balance sheet reconciliations
- Reviewing monthly Management Accounts
- Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
- Led financial planning and analysis by managing key metrics, analyzing data and providing support and insight for strategic planning.
- Managed 6 team members across 4 offices.
- Established budgetary benchmarks and formulated financial management strategies by researching operating and historical financial records.
- EE Committee member since 2019 and served as a Chairperson of the EE committee in year 2021.
- Assisting in Group’s Income tax computation for review by auditors
- Liaising with External Auditors in conducting the statutory audits (KPMG South Africa, Kenya & Nigeria)
- Reviewing of monthly payroll and approving for payments
- Review of payment reconciliations and approval
- Oversaw Treasury function and Cash flow management responsible for an average monthly bank balance of +/- 200Million ZAR
- Project forecasting and Budget control
- SGA expenditure management and reporting
- Review of SARB approvals and filing renewal applications where necessary
- Inventory control and valuation management
- Fixed Assets Management
- Increased financial efficiency by streamlining budget processes and implementing cost-saving measures.
- Supported financial director with special projects and additional job duties.
- Created financial dashboards to provide insights into key performance indicators.
Senior Accountant
Tesuco Holdings (Pty) Ltd
07.2016 - 12.2017
- Finance Department Staff management (4)
- Divisional budgetary control and monitoring
- Cost recovery analysis for Operational infrastructure teams
- Creditors and Debtors onboarding and database management
- Balance sheet reconciliations
- Reviewing of monthly Management Accounts
- Preparing Annual Financial Statements (Quarterly and Annually)
- Reviewing of monthly payroll and approval
- Review of payment reconciliations and approval
- Led financial audits, ensuring compliance and accuracy in financial reporting processes.
- Streamlined account reconciliation processes, enhancing efficiency and reducing processing time.
- Implemented automated reporting systems, increasing accuracy and facilitating timely decision-making.
- Mentored junior accountants, fostering professional development and improving team productivity.
- Developed and monitored budgets, aligning departmental spending with strategic financial objectives.
Accountant
Allasso Construction (Pty) Ltd
07.2013 - 06.2016
- Project Costing and monitoring costs during the timeline of the project
- Preparing creditors, debtors reconciliations and attending queries to reconcile the accounts.
- Preparing monthly Management Accounts
- Used advanced software to prepare documents, reports, and presentations.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Completed daily cash functions e.g account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Developed comprehensive financial reports ensuring compliance with accounting standards and regulations.
Finance Officer
HMS Group (Pty) Ltd
08.2011 - 05.2013
- Processing daily transactions using Pastel software (+/- 800 transactions a month)
- Led financial forecasting and budgeting processes, enhancing the accuracy of financial projections.
- Preparing creditors, debtors’ reconciliations and attending queries to reconcile the accounts.
- Preparing bank reconciliation statements accurately for 11 Bank Accounts +/- 400 bank transactions a month
- Review and approval of payroll schedule prior salary payments being made
- Preparing draft annual financial statements in accordance with GAAP and IFRS on CaseWare
- Preparation of projects performance and completion reports
- Liaison with SETA’s regarding training accreditations and compliance
- Interacting and supporting SARS audits
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
Internal Auditor// External Audit Assistant
NGC Registered Auditors
12.2008 - 07.2011
- Assisted audit supervisor in planning internal audit assignments to ensure thorough coverage of key risks
- Preparation of audit plan and managing the execution of the audit
- Managed audit budget to align resources effectively with project requirements
- Performing risk assessment procedures and assisting in implementation of mitigating controls
- Conducting PFMA and other compliance audits
- Conducted joint municipality audits with the Auditor General (PMB Office).
- Reviewed working papers for junior team members, ensuring accuracy and compliance with audit standards
Education
CIMA-Management Level - CIMA FLP Programme
04.2001 -
- To be completed in 2026
- Major Modules: Financial Strategy, Risk Management, Strategic Management, Performance Management and Management Case study.
Postgraduate Diploma - Taxation
01-2024
Major Modules: Advanced Financial Accounting, Advanced Taxation, International Taxes and Advanced Tax Case laws
Bachelor of Accounting Science - Accounting And Finance
01-2015
BCOM degree
National Diploma - Financial Accounting
01-2008
Cum Laude
Certificate in Business Administration - Administration
04.2001 -
- Cum Laude
- Major Modules: Business Administration, Office Management,Communications , etc.
Senior Certificate - Commerce
01-2004
National Senior Certificate with Merit Exemption (best student)
Skills
Audit management
Tax regulations
Regulatory compliance
SOX audits
Financial reporting
Financial consolidation
Risk assessment
Budget control
Cash flow management
Process improvement
Data analysis
ERP systems
Stakeholder collaboration
Accomplishments
- Employee of the year (Nec Africa Group (Pty) Ltd) 2022
- Best Residence Tutor-Accounting (Durban University of Technology) 2008
- Cum Laude merit award (Durban University of Technology) 2008
- Best Matric Student (Amatshezulu High School) 2004
Affiliations
- Chartered Institute of Business Accountants (CIBA)
Practicing Member and Business Accountant (SA)
Practice Number SAIBR1172
- Registered Accounting Officer (CIPC)
Registered Independent Reviewer
- Institute of Certified Bookkeepers (ICBA)
Certified Financial Accountant
ICB Reference No: 485496
- South African Institute of Tax Practitioners (SAIT)
General Tax Practitioner
SARS PR No: 0004281
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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CORE COMPETENCIES
- Financial month-end closing and Reporting
- Balance sheet reconciliations and presentation of Management Accounts
- Audit (Internal and External) and Risk Management
- Tax Compliance and Advisory
- Financial Reporting, Consolidations and Financial statements preparation
- Adequate knowledge and exposure in US GAAP and IFRS.
- Forecasting, Cost control, Budgetary control and reporting
- Internal Controls, SOX Compliance and Governance (JSOX, ISO)
- Strategic Leadership and dynamic Team Development
- Stakeholder Engagement, Relationship Management and Committee Representation
- Policy development and implementation strategies
- ERP Systems SAP, Dynamic B365, Sage, CaseWare, QuickBooks
Languages
English
Bilingual or Proficient (C2)
Software
Dynamic 365
SAP
CaseWare
Microsoft Office
Quickbooks
Teamates
Timeline
Head of Audit and Tax Compliance - NEC Africa Group (Pty) Ltd
08.2021 - Current
Financial Manager- Africa - NEC Africa Group (Pty) Ltd
12.2017 - 07.2021
Senior Accountant - Tesuco Holdings (Pty) Ltd
07.2016 - 12.2017
Accountant - Allasso Construction (Pty) Ltd
07.2013 - 06.2016
Finance Officer - HMS Group (Pty) Ltd
08.2011 - 05.2013
Internal Auditor// External Audit Assistant - NGC Registered Auditors
12.2008 - 07.2011
Institute of Management Accountants - CIMA-Management Level , CIMA FLP Programme
04.2001 -
PC Training And Business College - Certificate in Business Administration, Administration
04.2001 -
University of South Africa (Unisa) - Postgraduate Diploma, Taxation
University of South Africa (Unisa) - Bachelor of Accounting Science, Accounting And Finance
Durban University of Technology - National Diploma, Financial Accounting
Amatshezulu High School - Senior Certificate, Commerce