Mafishane Jeffrey Seroka
CIMA Student
Mamelodi East
Summary
Experienced with cost management, financial planning, and analysis. Utilizes strategic thinking to optimize cost structures and enhance financial performance. Knowledge of variance analysis and budget forecasting drives informed decision-making.
Cost accounting professional with strong track record in financial analysis, budgeting, and cost control. Expertise in variance analysis, cost allocation, and financial reporting. Known for strong team collaboration, reliability, and adaptability to changing needs. Skilled in using financial software and ERP systems to drive efficiency and accuracy.
Overview
22
22
years of professional experience
6
6
years of post-secondary education
1
1
Language
Work History
Cost Accountant - Mining
Northam Platinum Limited
Steelpoort, Limpopo
02.2023 - Current
- Develop, implement, investigate & maintain efficient cost control system;
- Cost & management accounting exposure;
- Assisting with annual budget preparation & forecast inputs;
- Cost reporting;
- Legal compliance;
- Provide operational support & service to line & functional management;
- Leading cost initiative drive & monitor expenditure;
- Leading special projects to evaluate control measures & propose suitable solutions
- Maximized profitability with detailed product costing analysis, enabling data-driven decision making for pricing strategies.
- Managed month-end closing activities efficiently, ensuring accurate and timely financial reporting.
- Supported annual budget preparation by providing detailed historical data analysis and projecting future trends in costs and revenues.
- Performed financial reporting, trend analysis, and process improvement support.
- Assisted with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation.
- Provided valuable insights into production efficiency by analyzing manufacturing process costs against industry benchmarks.
- Prepared insightful monthly management reports highlighting key trends in cost behavior and offering actionable recommendations for improvement opportunities.
- Designed monthly and annual budgets design, labor and manufacturing.
- Ensured accurate allocation of labor costs by developing a robust job costing system and monitoring timekeeping records.
- Strengthened internal controls by reviewing existing processes and recommending enhancements to safeguard company assets.
- Conducted in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Assisted in external audit engagements, ensuring timely completion and compliance with accounting standards.
- Collaborated with cross-functional teams to identify areas for operational improvements, resulting in significant cost reductions.
- Partnered with business leaders to develop cost-saving initiatives, driving continuous improvement throughout the organization.
- Enhanced cost-efficiency by implementing effective cost control measures and analyzing budget variances.
- Collected and reported monthly expense variances and explanations.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Provided journal entries and performed accounting on accrual basis.
Cost Administrator - Plant
Minopex
Lebowakgomo, Limpopo
08.2017 - 01.2023
- Reviewing of all payment documents for correctness and for Tax/VAT invoice compliance;
- Matching of supplier invoices with the purchase orders, delivery notes and receipts on the system;
- Monitoring of actual costs vs budget for Mogalakwena Baobab concentrator and stores;
- Preparation of Anglo American Mogalakwena Baobab monthly cost review reports for presentation;
- Preparation of monthly invoicing schedule for Anglo American Mogalakwena complex;
- Preparation and presentation of weekly and monthly internal production cost review reports;
- Review and approval of all purchase orders for Mogalakwena Baobab concentrator on the workflow;
- Review of weekly and monthly diesel reports for Plant and TMMs;
- Review of monthly stocktaking reports for the main stores;
- Reason for leaving: Career growth within the mining sector
Accounting and Finance Officer
Room to Read South Africa
Pretoria
11.2015 - 07.2017
- Responsible for preparation of country and regional offices monthly payroll;
- Ensuring statutory compliance by submitting VAT201 and EMP201 returns to SARS timeously;
- Reviewing and processing of supplier invoices and follow up on long outstanding debtors' invoices;
- Reconciliation of bank accounts and clearing of general ledger accounts;
- Preparing and uploading of budgets for field offices on Workflow;
- Month and year end processes and submission to global office;
- Immediate relief to accounting and finance manager;
- Support to both internal and external audits;
- Reason for leaving: Accepted the offer in the mining sector in Limpopo Province
Regional Finance Officer
National Institute for Crime Prevention and Reintegration of Offenders (NICRO)
Pretoria
06.2013 - 10.2015
- Budgeting and reporting;
- Fully financial accounting functions on Sage Evolution for the region;
- Accounts payable and receivable functions on Sage Evolution;
- Payroll and human resources administration for the region;
- Reason for leaving: Position was not donor funded and became redundant in the region
Accountant
Joint Aid Management International
Johannesburg
10.2011 - 09.2012
- Responsible for the full financial aspect of the logistics division of JAM;
- Monthly review of balance sheet account reconciliations;
- Provide financial analysis and special projects support;
- Assign accounts codes to projects budgets lines;
- Ensure that expenditures are aligned according to group reporting requirements;
- Visits field offices in Africa and coordinate financial training and compliance;
- Monitor head office and field offices expenditures against budgets;
- Responsible for grants/contracts management for all JAM offices;
- Reason for leaving: One-year contract ended
Acting Financial Manager
Joint Aid Management International
Benguela
06.2012 - 08.2012
- Worked very closely with the Country and Fleet Managers for Angola office;
- Implementation of financial and local procurement policies and procedures;
- Monitoring of budgets, fiscal reports, and other financial procedures;
- Manage all the organization's banking and cash flow processes;
- Management of payroll, subcontractor, consultant, and service provider;
- Supervision of all finance department staff;
Projects Accountant
Africare South Africa
East London
08.2009 - 09.2011
- Assist the Deputy Chief of Party with budgets and annual work plans;
- Responsible for financial reporting and technical assistance of the sub-offices;
- Compiled and analysed monthly, quarterly, and annual management accounts;
- Closings and preparations of monthly financial statements and reports on AccPac;
- Preparation of tax and vat computations and returns;
- Reconciliation and maintenance of the project financial accounts on AccPac;
- Implementation of financial management systems for sub-offices;
- Reviewing of monthly bank reconciliation statements for all project accounts;
- Monitoring of monthly field office expenditures;
- Ensured continuous support of the project budget and forecast activities;
- Managing and verifying supplier payments and resolving supplier queries;
- Responsible for all stock and office stationery procurement processes;
- Supervise financial audit preparation and coordinate the audit process;
- Preparing and managing all payroll related transactions on VIP payroll system;
- Supervising finance staff at the head office and sub district offices;
- Reason for leaving: Accepted the offer at JAM and relocated from East London (EC) to Pretoria, Gauteng
- Monitored project costs, developed job cost forecasts, managed cash flow and approved invoices for payment.
- Reviewed and approved timesheets for project employees.
- Assisted in the preparation of comprehensive financial reports for both internal and external stakeholders, providing valuable insights into project performance.
- Improved project budget accuracy by diligently tracking expenses and regularly updating financial forecasts.
- Facilitated a smooth audit process with detailed documentation of project-related transactions, minimizing audit findings and recommendations.
- Assisted in the development of annual operating budgets by gathering historical data, analyzing trends, and collaborating with department heads on projections.
Business Units Reporting Accountant
Epol, a division of Rainbow
Pretoria
09.2008 - 06.2009
- Review monthly supplier reconciliations and monthly payments;
- Compile monthly balance sheet control accounts reconciliations;
- Managed payments processing clerks;
- Liaise with production department about procurement of raw materials;
- Monthly cash flow and profit forecasting;
- Fixed assets register and inventory stocktaking updates;
- Finalise and submit monthly Capex statements / returns;
- Monthly budget monitoring against actual monthly expenditures;
- Finalise inter branch and intercompany statements;
- Finalise month end management accounts and variances reports;
- Quarterly and year end reporting and audit readiness;
- Reason for leaving: Roodepoort plant closed in December 2008 and Premix plant closed in June 2009
Finance Officer
Save The Children UK
Pretoria
03.2007 - 08.2008
- Monitor and track payments for mileage/cell phones;
- Checking bank payment vouchers ready for payments;
- Monthly cash and bank reconciliation on Sun accounting system;
- Reviewing creditors reconciliations;
- Prepare salaries on VIP Payroll and manage all payroll related queries;
- Supervision of finance assistants;
- Budget monitoring and maintenance on Field budgeting system;
- Audit readiness and queries;
- Drafting monthly, quarterly, and annual work plans;
- Close Sun accounting system at the end of the period;
- Exporting salaries into accounting system;
- Reason for leaving: Career advancement as an accountant
General Ledger Officer
CSIR Shared Services
Pretoria
03.2006 - 01.2007
- - Keep record of financial transactions
- - Cost allocation and journal processing
- - General ledger account reconciliations and follow up on outstanding items
- - Prepare suppliers’ reconciliations and handling of queries
- - Reconcile all S&T local and foreign advances
- - Review local and foreign transactions
- - Process payments/ claims for local and foreign transactions
- - Keep supporting documents properly organised and filed
- - Prepare expense claims for cost allocation and capturing
Bookkeeper
Kgatelopele Consulting Engineers (Pty) Ltd
Pretoria
01.2003 - 02.2006
- Installed, implemented, and maintained pastel accounting partner 2005;
- Performed fully financial functions for different projects;
- Reconciled all VIP Payroll transactions to salaries accounts;
- Filling all SARS and RSC statutory returns;
- Running monthly supplier reconciliations and payments thereof;
- Responsible for monthly reconciliations including suppliers, debtors and bank;
- Consolidating financial transactions and reports for several projects;
- Reporting to the project managers and assist in projects budget preparation;
- Reason for leaving: Company closed
Education
Matric - English HG C, Mathematics HG D, Accounting HG B, Economics HG E, Northern Sotho HG D
Dinakanyane High School
Limpopo, South Africa 01.1994 - 12.1994
Advanced Diploma in Financial Management - NQF7
Regent Business College
Durban, KZN 01.2023 - 12.2023
Management Development Programme Certificate -
Regent Business College
Durban, KZN 01.2023 - 03.2023
National Diploma in Financial Accounting - NQF6
The Institute of Certified Bookkeepers
Cape Town, South Africa 06.2020 - 06.2022
Advanced Level in Financial Accounting - undefined
The Institute of Certified Bookkeepers
National Diploma in Technical Financial Accounting - NQF5
The Institute of Certified Bookkeepers
Upper Intermediate in Financial Accounting - undefined
The Institute of Certified Bookkeepers
National and FET Certificates in Bookkeeping - NQF3&4
The Institute of Certified Bookkeepers
Diploma in Registered Accounting Technician - undefined
The Institute of Certified Bookkeepers
CIMA Operational Level -
Chartered Institute of Management Accountants
Johannesburg, South Africa 01.2023 - Current
Skills
- Cost and management accounting functions
- Financial accounting functions
- Management reporting
- Stakeholders engagement
ERP systems expertise
Profitability analysis
Cash flow management
Payroll processing
Tax compliance
Cost analysis
Report preparation
Internal controls
Fixed asset accounting
Costing systems
Financial forecasting
Variance analysis
Auditing procedures
Budget development
Project accounting
Margin analysis
Cost evaluation
Accounts payable management
Annual forecasting
ERP systems expert
Team management
Microsoft office
Journal entries
Problem-solving abilities
Multitasking Abilities
Decision-making
Team building and leadership
Verbal and written communication
Organizational skills
Attention to detail
Problem-solving aptitude
Computeranditskills
Advanced, Advanced, Word, Outlook, Excel, Access, PowerPoint, SAP, Sage X3, Sage Accpac, Sage Evolution, Pastel Partner, Oracle, Orb Fusion Workflow, ESSBASE, Workday Cloud, PeopleSoft, VIP Payroll, Sun, Vision systems
Employmenthistory
Northam Platinum Limited, Booysendal South and Central Merensky Operations, Cost Accountant - Mining, 02/01/23, Develop, implement, investigate & maintain efficient cost control system, Cost & management accounting exposure, Assisting with annual budget preparation & forecast inputs, Cost reporting, Legal compliance, Provide operational support & service to line & functional management, Leading cost initiative drive & monitor expenditure, Leading special projects to evaluate control measures & propose suitable solutions, Minerals Operations Executive (Minopex), Cost Administrator - Plant, 08/01/17, 01/31/23, Reviewing of all payment documents for correctness and for Tax/VAT invoice compliance, Matching of supplier invoices with the purchase orders, delivery notes and receipts on the system, Monitoring of actual costs vs budget for Mogalakwena Baobab concentrator and stores, Preparation of Anglo American Mogalakwena Baobab monthly cost review reports for presentation, Preparation of monthly invoicing schedule for Anglo American Mogalakwena complex, Preparation and presentation of weekly and monthly internal production cost review reports, Review and approval of all purchase orders for Mogalakwena Baobab concentrator on the workflow, Review of weekly and monthly diesel reports for Plant and TMMs, Review of monthly stocktaking reports for the main stores, Career growth within the mining sector, Room to Read South Africa - Brooklyn Office in Pretoria, Accounting and Finance Officer, 11/01/15, 07/31/17, Responsible for preparation of country and regional offices monthly payroll, Ensuring statutory compliance by submitting VAT201 and EMP201 returns to SARS timeously, Reviewing and processing of supplier invoices and follow up on long outstanding debtors' invoices, Reconciliation of bank accounts and clearing of general ledger accounts, Preparing and uploading of budgets for field offices on Workflow, Month and year end processes and submission to global office, Immediate relief to accounting and finance manager, Support to both internal and external audits, Accepted the offer in the mining sector in Limpopo Province, National Institute for Crime Prevention and Reintegration of Offenders (NICRO), Regional Finance Officer, 06/01/13, 10/31/15, Budgeting and reporting, Fully financial accounting functions on Sage Evolution for the region, Accounts payable and receivable functions on Sage Evolution, Payroll and human resources administration for the region, Position was not donor funded and became redundant in the region, Joint Aid Management International - Johannesburg Office, Accountant, 10/01/11, 09/30/12, Acting Financial Manager, 06/01/12, 08/31/12, Responsible for the full financial aspect of the logistics division of JAM, Monthly review of balance sheet account reconciliations, Provide financial analysis and special projects support, Assign accounts codes to projects budgets lines, Ensure that expenditures are aligned according to group reporting requirements, Visits field offices in Africa and coordinate financial training and compliance, Monitor head office and field offices expenditures against budgets, Responsible for grants/contracts management for all JAM offices, One-year contract ended, Africare South Africa - East London office, Eastern Cape, Projects Accountant, 08/01/09, 09/30/11, Assist the Deputy Chief of Party with budgets and annual work plans, Responsible for financial reporting and technical assistance of the sub-offices, Compiled and analysed monthly, quarterly, and annual management accounts, Closings and preparations of monthly financial statements and reports on AccPac, Preparation of tax and vat computations and returns, Reconciliation and maintenance of the project financial accounts on AccPac, Implementation of financial management systems for sub-offices, Reviewing of monthly bank reconciliation statements for all project accounts, Monitoring of monthly field office expenditures, Ensured continuous support of the project budget and forecast activities, Managing and verifying supplier payments and resolving supplier queries, Responsible for all stock and office stationery procurement processes, Supervise financial audit preparation and coordinate the audit process, Preparing and managing all payroll related transactions on VIP payroll system, Supervising finance staff at the head office and sub district offices, Accepted the offer at JAM and relocated from East London (EC) to Pretoria, Gauteng, Epol, a division of Rainbow, Business Units Reporting Accountant - Premix and Roodepoort Feeds Plants, 09/01/08, 06/30/09, Review monthly supplier reconciliations and monthly payments, Compile monthly balance sheet control accounts reconciliations, Managed payments processing clerks, Liaise with production department about procurement of raw materials, Monthly cash flow and profit forecasting, Fixed assets register and inventory stocktaking updates, Finalise and submit monthly Capex statements / returns, Monthly budget monitoring against actual monthly expenditures, Finalise inter branch and intercompany statements, Finalise month end management accounts and variances reports, Quarterly and year end reporting and audit readiness, Roodepoort plant closed in December 2008 and Premix plant closed in June 2009, Save The Children UK, Finance Officer, 03/06/06, 08/31/08, Monitor and track payments for mileage/cell phones, Checking bank payment vouchers ready for payments, Monthly cash and bank reconciliation on Sun accounting system, Reviewing creditors reconciliations, Prepare salaries on VIP Payroll and manage all payroll related queries, Supervision of finance assistants, Budget monitoring and maintenance on Field budgeting system, Audit readiness and queries, Drafting monthly, quarterly, and annual work plans, Close Sun accounting system at the end of the period, Exporting salaries into accounting system, Career advancement as an accountant, Kgatelopele Consulting Engineers (Pty) Ltd, Bookkeeper, 01/01/03, 02/28/06, Installed, implemented, and maintained pastel accounting partner 2005, Performed fully financial functions for different projects, Reconciled all VIP Payroll transactions to salaries accounts, Filling all SARS and RSC statutory returns, Running monthly supplier reconciliations and payments thereof, Responsible for monthly reconciliations including suppliers, debtors and bank, Consolidating financial transactions and reports for several projects, Reporting to the project managers and assist in projects budget preparation, Company closed
Professionalreferences
- Mr. Victor Chuene, Engineering Manager at Sibanye Stillwater, Baobab Platinum Mine Limpopo, +27 15 633 8203, +27 83 401 3230, victor.chuene@sibanyestillwater.com
- Mr. Seppie Holtzhausen, Plant Manager at Minopex in Sibanye, Baobab Platinum Mine Limpopo, +27 15 633 8280, +27 83 411 7881, seppie.holtzhausen@minopex.com
- Mr. Rupert Nagel, Regional Management Accountant at Minopex Head Office, +27 82 440 6969, rupert.nagel@minopex.com
- Mr. Timothy Oelofse, Senior Accounting and Finance Manager at Room to Read South Africa, (012) 430 2216/9, 082 607 0482, Timothy.Oelofse@roomtoread.org
- Ms Dawn Van Wyk, Chief Financial Officer at NICRO Head Office, (021) 462 0017, 082 492 2810, dawn@nicro.co.za
- Mrs Eunice Mashaba, Former Operations and Admin Manager at JAM International, +27 82 335 5827, eunice.mashaba@gmail.com
- Mr. Isaac David Maja, Former Projects manager at Kgatelopele consulting Engineers, Ekurhuleni Municipality, +27 11 874 6627, +27 73 260 5107, isaacm@ekurhuleni.com
Personal Information
- Health Status: Good
- Criminal Record: None
- Date of Birth: 02/01/76
- Gender: Male
- Nationality: South African
- Driving License: Code C1 and own car
- Marital Status: Married
Studying, Soccer and TV dramas
I am currently studying for CIMA qualification and in the process of registering a post graduate degree or diploma in commerce.
I enjoy watching soccer matches and dramas on TV
Timeline
Cost Accountant - Mining
Northam Platinum Limited
02.2023 - Current
Advanced Diploma in Financial Management - NQF7
Regent Business College
01.2023 - 12.2023
Management Development Programme Certificate -
Regent Business College
01.2023 - 03.2023
CIMA Operational Level -
Chartered Institute of Management Accountants
01.2023 - Current
National Diploma in Financial Accounting - NQF6
The Institute of Certified Bookkeepers
06.2020 - 06.2022
Cost Administrator - Plant
Minopex
08.2017 - 01.2023
Accounting and Finance Officer
Room to Read South Africa
11.2015 - 07.2017
Regional Finance Officer
National Institute for Crime Prevention and Reintegration of Offenders (NICRO)
06.2013 - 10.2015
Acting Financial Manager
Joint Aid Management International
06.2012 - 08.2012
Accountant
Joint Aid Management International
10.2011 - 09.2012
Projects Accountant
Africare South Africa
08.2009 - 09.2011
Business Units Reporting Accountant
Epol, a division of Rainbow
09.2008 - 06.2009
Finance Officer
Save The Children UK
03.2007 - 08.2008
General Ledger Officer
CSIR Shared Services
03.2006 - 01.2007
Bookkeeper
Kgatelopele Consulting Engineers (Pty) Ltd
01.2003 - 02.2006
Matric - English HG C, Mathematics HG D, Accounting HG B, Economics HG E, Northern Sotho HG D
Dinakanyane High School
01.1994 - 12.1994
Advanced Level in Financial Accounting - undefined
The Institute of Certified Bookkeepers
National Diploma in Technical Financial Accounting - NQF5
The Institute of Certified Bookkeepers
Upper Intermediate in Financial Accounting - undefined
The Institute of Certified Bookkeepers
National and FET Certificates in Bookkeeping - NQF3&4
The Institute of Certified Bookkeepers
Diploma in Registered Accounting Technician - undefined
The Institute of Certified Bookkeepers
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