Luvo Vellem
120 End Street, Doornfontein , Johannesburg
Summary
Highly analytical and self-driven accounting professional with over 5 years of experience in financial reporting, tax compliance, and cloud-based accounting. Currently serving as an Onboarding Accountant in the "Takeon" Department at The Beancounter, I work independently to transition complex client portfolios, reporting directly to the COO. Having successfully completed the SAIPA Professional Evaluation (PE) in November 2025 (Results pending Feb 2026), I possess a deep understanding of IFRS for SMEs and South African tax legislation. I specialize in streamlining accounting processes, ensuring data integrity during migrations, and providing strategic financial oversight for newly acquired business entities.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Onboarding Accountant (Takeon Department)
The Beancounter
Johannesburg, Gauteng
07.2025 - Current
- Executive Reporting: Report directly to the COO on the status of client migrations, identifying potential risks and ensuring project deadlines are met.
- Independent Client Management: Managed the end-to-end "takeon" process for new clients independently, serving as the primary financial contact during the critical transition phase.
- Data Migration & Integrity: Oversaw the migration of historical financial data from legacy systems to cloud platforms (Xero/Sage), ensuring 100% accuracy in opening balances and general ledger integrity.
- Process Design: Designed and implemented customized internal controls and reporting structures for new clients to align their unique business needs with firm standards.
- Compliance Audit: Conducted initial financial health "deep dives" for new clients, identifying and resolving historical tax or statutory compliance gaps during the onboarding stage.
- Stakeholder Consultation: Acted as a strategic partner to business owners, translating complex financial data into actionable insights during their first 90 days with the firm.
SAIPA Articles
THE BEANCOUNTER
Johannesburg
02.2023 - Current
- Collaborate with the senior accountant in the preparation of comprehensive financial statements, ensuring accuracy, compliance with accounting standards, and timely submission to clients.
- Conduct detailed bookkeeping, encompassing the recording of financial transactions, reconciliation of bank statements, and maintenance of general ledger accounts, guaranteeing the integrity and reliability of financial data.
- Work closely with clients to gather and review financial information, addressing queries, and providing expert guidance on accounting principles and best practices.
- Assist in the preparation of a wide range of tax returns, including income tax, VAT, PAYE, and provisional tax, ensuring strict adherence to tax regulations, and facilitating timely submissions.
- Perform detailed financial analysis to identify trends, variances, and areas for improvement, presenting valuable insights to clients for data-driven decision-making and strategic planning.
- Actively participate in SARS audit engagements, contributing to the preparation of audits, and ensuring compliance with audit standards by SARS.
- Utilize advanced accounting software (Xero, QuickBooks, Sage) proficiently to streamline financial record-keeping, optimize processes, and generate accurate financial reports.
- Engage in ongoing professional development initiatives, attending seminars, workshops, and webinars to stay abreast of industry trends, emerging technologies, and best practices in accounting and finance.
Founder & Manager
QUEEN VEES ENTERTAINMENT
Cape Town
05.2020 - 03.2024
- Personally manage a talented team of dancers, offering hands-on coaching and guidance to enhance their performance skills.
- Leverage expertise in video production, including shooting, editing, and post-production, to create visually stunning content that showcases the incredible talents of our dancers.
- Develop and implement a strategic social media marketing plan, curating and publishing mouthwatering videos of our dancers, along with behind-the-scenes content.
- Take charge of booking arrangements, negotiating terms with clients, and ensuring seamless coordination of dance performances at events.
- Conduct rigorous rehearsals to ensure our dancers are well prepared for performances.
- Actively seek out and recruit new talent, aiming to discover dancers with unique styles and abilities.
- Provide comprehensive logistical support for gigs, including transportation arrangements, equipment setup, and backstage coordination.
Junior Bookkeeper
RUSHAAN TOEFY FINANCIAL SERVICES
Cape Town
03.2021 - 02.2023
- Support the senior accounting team in the day-to-day financial operations, ensuring accurate and timely recording of transactions.
- Assist in maintaining complete and organized financial records, including accounts payable and receivable, general ledger entries, and bank reconciliations.
- Collaborate with team members to compile and prepare financial reports, summaries, and statements for review by senior accountants, and clients.
- Facilitate direct communication with clients, addressing inquiries, providing updates on financial transactions, and ensuring client satisfaction.
- Process invoices, payments, and expenses, verifying and reconciling discrepancies, and addressing any issues promptly.
- Assist in the preparation of tax returns, including income tax, VAT, and other relevant filings, ensuring compliance with tax regulations.
- Utilize accounting software and tools effectively to streamline bookkeeping processes and generate accurate financial reports.
- Participate in financial audits, assisting in the preparation of audit documentation, and ensuring adherence to audit standards.
- Maintain confidentiality and integrity of financial information, exercising discretion in handling sensitive data.
- Stay updated on industry best practices, accounting principles, and relevant software applications through ongoing professional development.
- Contribute to a positive and collaborative work environment, supporting team members, and actively participating in team meetings and discussions.
Education
Postgraduate Diploma - Financial Management
UNIVERSITY OF JOHANNESBURG
Johannesburg12-2024
Advanced Diploma - Accountancy
CAPE PENINSULA UNIVERSITY OF TECHNOLOGY
Cape Town12-2021
Diploma - Accounting
CAPE PENINSULA UNIVERSITY OF TECHNOLOGY
Cape Town12-2020
Skills
- Drafting financial statements
- Filling of tax returns
- Preparation of management reports
- Sage Accounting Software
- Xero Accounting Software
- QuickBooks accounting software
- Tax calculations
- Deferred Tax Calculation
- Individual tax calculation
- VAT/EMP Tax Reconciliation
- Bookkeeping
- Communication with SARS
- Communication with clients
- Microsoft Word
- Microsoft Excel
- Drafting accountant letters
- Syft Analytics
- Team player
- Attention to detail
- Month-end documentation
References
- Angela De Fao (Senior Bookkeeper), Rushaan Toefy Financial Services, 0728728937
- Rethabile Khanye (Professional Accountant), The Beancounter, 0839666923
- Marlize Young (COO) , The Beancounter , 0844448665
- Willem Nel (Professional Accountant and CEO), Phoenix Business Advisory, 0823382901
- Tevin Khombisa (Business friend and CEO) , Marentia 392 CC, 0614681106
Languages
- ENGLISH
- XHOSA
- ZULU
Personal Information
- Date of Birth: 01/25/02
- Nationality: South African
- Marital Status: Single
Certification
- Xero Advisor
- Syft Certified advisor
Languages
Xhosa
First Language
English
Proficient (C2)
C2
Isizulu
Advanced (C1)
C1
Timeline
Onboarding Accountant (Takeon Department)
The Beancounter
07.2025 - Current
SAIPA Articles
THE BEANCOUNTER
02.2023 - Current
Junior Bookkeeper
RUSHAAN TOEFY FINANCIAL SERVICES
03.2021 - 02.2023
Founder & Manager
QUEEN VEES ENTERTAINMENT
05.2020 - 03.2024
Postgraduate Diploma - Financial Management
UNIVERSITY OF JOHANNESBURG
Advanced Diploma - Accountancy
CAPE PENINSULA UNIVERSITY OF TECHNOLOGY
Diploma - Accounting
CAPE PENINSULA UNIVERSITY OF TECHNOLOGY