Summary
Overview
Work History
Education
Skills
Timeline
Generic
Kholofelo Matlou

Kholofelo Matlou

Operations Manager
Polokwane

Summary

Dynamic Operations Manager at LA Financial Services with a proven track record in enhancing customer satisfaction and optimizing tax compliance. Skilled in financial reporting and problem-solving, I successfully implemented strategies that improved operational efficiency and accuracy, driving significant improvements in cash flow management and team productivity.

Exceptional Operations Manager focused on successful team building, cost-cutting and operational improvements. Determined to cut costs without impacting quality of products and services. Reliable team player committed to building high-performing teams.

Detail-oriented Accountant with 7 years effectively maintaining accurate accounting information for large-scale financial organizations. History working as part of financial team to manage diverse financial functions, tax management and reporting. Works closely with executive management on complex mergers and acquisitions and divestitures.

Knowledgeable Tax Technician with solid background in tax preparation and compliance. Successfully streamlined tax filing processes and supported clients through complex tax issues. Demonstrated proficiency in regulatory compliance and client communication.

Overview

7
7
years of professional experience

Work History

Operations Manager

LA Financial Services(pty)ltd
Polokwane
04.2021 - Current
  • Conducted regular performance reviews, identifying areas for improvement and developing action plans to address them.
  • Supervised operations staff and kept employees compliant with company policies and procedures.
  • Led hiring, onboarding and training of new hires to fulfill business requirements.
  • Developed and implemented strategies to maximize customer satisfaction.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Gathered financial information, prepared documents, and closed books.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Provided journal entries and performed accounting on accrual basis.
  • Reviewing the tax assessment received.
  • Objecting to a tax assessment.
  • Appealing to a tax assessment
  • Applying for waiver of interest and penalties
  • Applying for a tax debt reduction
  • Applying for a tax compromise
  • Preparing for a tax audit

TAX CLERK

  • Preparation and submitting VAT 201
  • Registration and de-registration of taxpayers for VAT purposes.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Trained new employees on accounting principles and company procedures.
  • Reconciliation of the VAT submissions for the financial year
  • Recording the transaction for the recognition of income tax expense for the reporting period
  • Submission of annual income tax return for businesses
  • Submission of annual income tax return for businesses
  • Registration and de-registration of taxpayers for income tax purposes
  • Review and reconcile income tax assessments and record the adjusting entries
  • Submission of annual income tax return for individuals
  • Submission of provisional tax for individuals
  • Registration and de-registration of taxpayers for income tax purposes
  • Review and reconcile income tax assessments
  • Optimized tax compliance efforts by staying current on regulations, filing deadlines, and necessary documentation requirements.

Trainee Accountant

LA Financial Services(pty)ltd
Polokwane
04.2018 - 03.2021
  • Reconciled balance sheet figures and sought assistance to reduce errors.
  • Contributed to timely completion of financial audits by compiling necessary documentation and providing accurate information.
  • Assisted senior accountants in the preparation of monthly financial reports for better decision making.
  • Reduced errors in data entry by maintaining attention to detail when recording transactions in accounting software.
  • Implemented new invoice tracking system, significantly improving timeliness of accounts receivable collections.
  • Facilitated client meetings to discuss financial planning strategies, fostering stronger relationships.
  • Analyzed financial data to identify trends, helping clients make informed investment decisions.
  • Assisted in development of budget forecasts, enabling clients to plan more effectively for future expenses.
  • Participated in ongoing professional development workshops, staying current with industry changes and standards.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
  • Maintained integrity of general ledger and chart of accounts.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Identified legal tax savings and recommended ways to improve profits.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Collected and reported monthly expense variances and explanations.
  • Collaborated with senior accountants on complex tax preparation cases, enhancing team efficiency.
  • Assisted in transition to new accounting software, minimizing disruptions in client services.
  • Supported clients during financial audits, ensuring compliance with regulatory standards.
  • Improved client understanding of complex accounting principles through clear and concise explanations.
  • Enhanced team productivity by sharing best practices in tax preparation techniques.
  • Streamlined financial reporting processes, significantly reducing time required for monthly close.
  • Developed comprehensive spreadsheets for financial analysis, streamlining client reporting.
  • Prepared detailed journal entries for accurate financial record keeping.
  • Conducted detailed financial audits for small and medium-sized enterprises, identifying areas for cost reduction.
  • Contributed to successful financial year-end closes, meticulously reviewing and adjusting account discrepancies.
  • Provided tax saving strategies to clients, optimizing their financial performance.
  • Simplified reconciliation procedures, minimizing errors in client financial statements.
  • Enhanced accuracy of tax filings by meticulously reviewing and updating client financial records.
  • Ensured strict confidentiality of client financial information, building trust and loyalty.
  • Maintained up-to-date knowledge of accounting software, ensuring efficient processing of client data.
  • Increased efficiency in expense reporting by creating clear guidelines for employees and streamlining approval processes.
  • Participated in cross-functional projects, offering financial insights and collaborating with colleagues to achieve desired outcomes.
  • Strengthened internal controls through regular review of accounting policies and recommending improvements where needed.
  • Supported budget planning efforts by analyzing past expenses and providing insights on cost-saving opportunities.
  • Provided exceptional customer service when addressing vendor inquiries or concerns regarding payment status or invoice disputes.
  • Performed variance analysis to identify discrepancies between actual results and budget projections for proactive problemsolving.
  • Demonstrated commitment to ongoing professional development through participation in industry seminars, workshops, and training sessions.
  • Streamlined accounting processes by implementing efficient organizational systems and filing procedures.
  • Developed expertise in relevant accounting software tools, ensuring accurate record-keeping while maximizing productivity levels.
  • Maintained confidentiality of sensitive financial information, adhering to company policies and professional ethics standards.
  • Collaborated with team members during month-end closing procedures, resulting in timely submission of financial statements.

Education

Bachelors Degree - Bachelor of Accounting Sciences in Financial Accou

Univerity of South Africa
Polokwane
04.2001 -

National Diploma - National Diploma in Finance And Accounting(public)

Tshwane University of Technology
Polokwane
04.2001 -

Skills

Problem-solving

Customer service

Bookkeeping

Time management

Data inputting

Financial reporting

Financial analysis

Accounting and bookkeeping

Bank reconciliation

Tax preparation

Cash flow analysis

Data analysis

Tax compliance expertise

Payroll tax management

Accounting software mastery(Sage Accounting

Tax provision calculation

Advanced Excel capabilities

Timeline

Operations Manager

LA Financial Services(pty)ltd
04.2021 - Current

Trainee Accountant

LA Financial Services(pty)ltd
04.2018 - 03.2021

Bachelors Degree - Bachelor of Accounting Sciences in Financial Accou

Univerity of South Africa
04.2001 -

National Diploma - National Diploma in Finance And Accounting(public)

Tshwane University of Technology
04.2001 -
Kholofelo MatlouOperations Manager