Louis Basson
Finance Business Partner - Value-Added Services
Somerset West
Summary
I am Finance professional with comprehensive background in business strategy and financial management. Known for delivering actionable insights that drive business performance and supporting organizational growth through effective financial management. Highly collaborative, adaptable, and results-driven, with strong skills in commercials , partnership management, budgeting, forecasting, and financial reporting.
Overview
18
18
years of professional experience
13
13
years of post-secondary education
2
2
Languages
Work History
Finance Business Partner - Value-Added Services
Capitec Bank
05.2022 - Current
- Delivering timely and accurate monthly financial reports, enabling informed decision-making by senior management.
- Construct solid business cases for all newly planned products
- Provide input in all commercial agreements with new and existing partners
- Frequent engagement with new and existing business partners
- Produced financial reporting in PowerBI to summarize financial performance and explain key variances.
- Enhanced financial decision-making by providing accurate data analysis and insightful recommendations to executive leadership.
- Played an integral role in annual budget preparation by coordinating input from various departments and consolidating data into comprehensive forecasts aligned with company strategy.
- Implemented cost-saving measures through careful monitoring of expenses and identification of unnecessary expenditures.
- Presented numerical and graphical data to demonstrate strategic progress.
- Ensured compliance with financial regulations and internal policies, mitigating risk and maintaining a strong control environment.
- Collaborated with cross-functional teams to optimize resource allocation and improve overall business performance.
- Drove process improvements in accounting practices that reduced errors and improved the timeliness of financial reporting.
- Led financial modeling efforts for scenario analyses, enabling executive leadership to make informed decisions on strategic initiatives with significant financial implications.
- Streamlined budgeting processes for increased efficiency and improved accuracy in financial forecasting..
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Created financial dashboards to provide insights into key performance indicators.
- Evaluated and negotiated contracts to procure favorable financial terms.
Accountant – Regulatory Reporting
Capitec Bank
12.2016
- Regulatory Reporting
- Assisting with the completion of monthly and daily BA returns for submission to the SARB
- Assisting with the completion of quarterly reports to the NCR
- Assisting with quarterly Regulation 43 reporting to the JSE and SARB
- Assisting with bi-annual and annual regulatory reporting to JSE and SARB
- Middle-office Risk
- Daily counterparty balance confirmations
- Authorising of payments to counterparties
- Reviewing of daily investment deals captured on IT2 by treasury
- Backup to Assistant Treasurer and Treasury back office administrator
- Monthly usable cash analysis for treasury
- Calculation of monthly counterparty limits for approval at the Assets & Liabilities committee meeting
- Monthly BA900 market report for distribution to Credit, Operations and Business Development
- Completion of various sections (Liquidity, ATM Cash management, BA900 Market Analysis and Counterparty Limits) for reporting to the monthly Assets & Liabilities Committee
- Financial reporting
- Completion of various sections (Funeral cover, Insure & Save) for the monthly Management Committee pack
- Annual analysis of the other South African Banks’ financial figures in comparison with Capitec Bank’s figures
- Assisting with bi-annual and annual preparation of financial reporting to the JSE
Accountant
Peace Parks Foundation
11.2012 - 12.2016
- Management of funds
- Recalculate the interest income of fund reserves and capital fund to ensure completeness of income
- Confirm that investment balances are accurate and complete
- Maintaining the accounting records and reconciliations
- Maintain accurate accounting records
- Prepare credit card journals
- Prepare general journals
- Prepare monthly income schedule reconciliation
- Input of monthly bank transactions into accounting system
- Preparation and checking of financial reports/schedules
- Reconcile field staff financial reports, ensuring proper supporting documentation is provided and correct exchange rates are used
- Prepare budget versus actuals reports on adhoc requests
- Tax compliance
- Issue Article 18A certificates
- Prepare and submit PPF VAT returns
- Prepare and submit PPF tax return annually
- Project accounting
- Review project accounts quarterly
- Review replenishment requests
- Annual visit to project to assist in preparing them for the audit
- Experience in the following programmes: Great Plains, MS Office
Part time lecturer
Eduinvest
03.2012 - 12.2012
- Lecturing of Forex trading courses
Accountant
Cape Town Fish Market Head Office
06.2011 - 10.2012
- Managing a portfolio of 8 franchises consisting of:
- Weekly Management Accounts
- Income Statement
- Balance Sheet
- Bank reconciliations
- Creditors & Debtors reconciliations
- Cash and Float reconciliation
- Stock reconciliation
- Trial Balance adjustments
- Process all journals up to Trial Balance
- Regular updating of the fixed asset register
- Budget forecasting
- Weekly Payrolls
- Processing of weekly payrolls for 3 franchises (± 100 employees)
- Salary and payroll reconciliation
- Bi-monthly VAT calculations and submitting of VAT returns
- Calculation and submitting of EMP201
- Calculation and submitting of EMP501 on easyfile
- Correspondence with SARS (easyfile & SARS e-filing)
- Overall General Bookkeeping and assisting stores with financial queries
- Preparation of final trial balance for auditors at year end
- Experience in the following programmes: Pilot Point of Sale, Pastel Partner, Pastel Payroll, MS Office, PPIM Compiler, PPIM Extractor, IT2 Treasury management
Trainee Accountant
Greater Accounting
05.2007 - 06.2011
- Managing a Portfolio of 21 clients
- Business Income Tax
- Personal Income Tax
- Payroll
- VAT
- Drafting of Annual Financial Statements
- Correspondence with SARS
- Experience in the following programmes: Caseware, Pastel, MS Office
Education
Grade 12 - Afrikaans First Language HG, English Second Language HG, Accounting HG, Mathematics SG, Business Economics HG, Computer Science SG
President High School
01.1999 - 01.2003
Bachelor of Science - Actice III, Specific Financial Reporting III, Computer Auditing in Performing The Audit Process III
Unisa
Cape Town 04.2007 - 01.2016
Skills
Profitability analysis
Pricing strategy
Variance analysis
Financial budgeting
Verbal and written communication
Customer relationship development
Strategic planning
Financial analysis
KPI management
Financial modeling
Skilled in Board & SAP
Cost accounting
Performance analysis
Business forecasting
Profitability improvement
Accreditations
SAIPA
CIMA
Summaryofsoftwareprogrammesexperience
- Great Plains
- Pilot Point of Sale
- Pastel Partner
- Pastel Payroll
- MS Office
- PPIM Compiler
- PPIM Extractor
- Caseware
- IT2
- Qlikview
Fullybilingual
True
Personal Information
- ID Number: 8502035158085
- Criminal Offences: None
- Health Status: Excellent
- Date of Birth: 02/03/85
- Gender: Male
- Nationality: South African
- Driving License: Code B
- Marital Status: Married
Timeline
Finance Business Partner - Value-Added Services
Capitec Bank
05.2022 - Current
Accountant – Regulatory Reporting
Capitec Bank
12.2016
Accountant
Peace Parks Foundation
11.2012 - 12.2016
Part time lecturer
Eduinvest
03.2012 - 12.2012
Accountant
Cape Town Fish Market Head Office
06.2011 - 10.2012
Trainee Accountant
Greater Accounting
05.2007 - 06.2011
Bachelor of Science - Actice III, Specific Financial Reporting III, Computer Auditing in Performing The Audit Process III
Unisa
04.2007 - 01.2016
Grade 12 - Afrikaans First Language HG, English Second Language HG, Accounting HG, Mathematics SG, Business Economics HG, Computer Science SG
President High School
01.1999 - 01.2003
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