Mahesh Gosai
Senior Accountant
Johannesburg
Summary
Knowledgeable Accountant proficient in procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Overview
28
28
years of professional experience
3
3
Languages
Work History
Accountant
Investec Bank: Wealth And Investment
10.2023 - 06.2024
- Created & Maintained Partner Codes process for Wealth Managers end to end which included multiple system processes with a high level of accuracy
- Performed VAT Calculations for various Entities, submission of returns monthly, passed VAT journal entries clearing the clearing account on a monthly basis to both JDE and BDA and maintained the VAT Recon on a monthly basis
- Made payment to foreign Vendors, filled in BOP forms and booked exchange rates
- Input financial data and produced reports using JDE.
- Assisted in Budget and Forecast process
- Updated and maintained Headcount for the Division on monthly basis
- Accrued monthly expenses and released prepaid expenses to the income statement.
Business Analyst/System Administrator
Investec Bank: CSTech Finance
01.2019 - 10.2024
- Administrator to the JD Edwards Finance System and Oracle Fusion (AP, Procurement)
- Assisted users for JDE for relevant reporting and trouble shooting
- Conducted Month close for both JDE and Oracle Fusion
- Involved with the RPA with Robotics to automate processes done on JDE
- Liaising with Stakeholders on a daily basis to assist on the operations side
- Testing of the system for Disaster recovery migration and patches applied to strengthen security
- Administered the monthly close of the Account payable and General Ledger
- Created & maintained Companies and Business Units, end to end set up, with the AAI's and Monetary Revaluation rules
- Maintained and created Sub-ledgers on EPMWARE
- Collaborated closely with stakeholders to identify opportunities for process improvements and drive continuous innovation in the organization.
- Supported software development projects by defining clear requirements and effectively communicating them to technical teams.
- Optimized workflow processes to enhance overall productivity and achieve operational excellence.
- Worked on multiple operational improvement projects, which included sourcing requirements, documenting, working closely with the development team to requirements are met and testing the final solution before deployment
Enhanced Due Diligence Analyst
Investec Private Bank
06.2018 - 12.2018
- Reviewed existing high-risk base clients in order to assess true high risk and PEP (Politically Exposed Persons) relationships
- Conducted accurate enhanced due diligence for existing and new to bank clients and assessing the risk posed by these clients
- Conducted ad hoc client reviews as required by business
- Conducted annual reviews of high risk and PEP relationships
- Actively engaged with the business and all branches to develop information flows in relation to client activity, transactions and other relevant information
- Interacted with various business units regarding shared clients
- Assisted the business to make risk-based decisions in relation to clients
Management Accountant
Kagiso Media (PTY) Ltd
1 2018 - 4 2018
- Responsible for Kagiso IO, Adjoin Media and Mega8
- Responsible for the effective running of the monthly input into Pastel Evolution and delivering accurate financial reporting
- Worked closely with the CEO and operations of the business units, Shared Services Accounts Payable, Payroll, BEE
- Maintained good governance and internal controls to perform and deliver accurate financial reporting
- Maintained systems, policies and procedures and standards relating to day to day business activities
Accountant and Operations Manager
Silversoft SA (PTY) Ltd
06.2015 - 09.2017
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Performed VAT Calculation, VAT Recon for every month
- Filed and submitted VAT returns and EMP 201 documents
- Liaised with the Bank Service manager on a frequent basis
- Ensured the Company dealt with suppliers with high BEE scores to maintain Level 1 status
- Assisted in keeping relevant documentation filed for the BEE audit
- Managed Fixed Assets operational process
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Maintained Fixed Asset Register from procurement of Asset to record keeping
- Efficiently ran the move of the current business to new premises, which included finding the premises, logistics of the move, procurement of new furniture and items required for running of the business, design of new premises and managing snags and issues with the landlord
Tax Accountant
Massdiscounters (PTY) Ltd
7 2014 - 3 2015
- Performed monthly Tax functions for Nigeria, Tanzania, Uganda, Botswana & Zambia
- Dealt with frequent queries from Tax Authorities such as. FIRS ( Federal Inland Revenue Services), LIRS (Lagos Internal Revenue Service), KIRS (Kanu State Internal Revenue Services), TRA( Tanzanian Revenue Authority), BURS ( Botswana Unified Revenue Services), ZRA (Zambia Revenue Authority)
- Managed multiple tax projects simultaneously, ensuring deadlines were met and clients were satisfied.
- Managed 3 clerks
- Managed and created all artifacts related to end to end Tax processes
- Assisted in creating budget forecasts
- Worked on projects to restructure entities whist looking into issues such as IT, Labour and contracts
Consultant
Invictus Chartered Accountants/ Consulting Division
01.2013 - 07.2014
- Clients included - KZN Department of Health, KZN Department of Sport and Recreation, KZN Department of Social Development, KZN Department of Co-operative Governance, National Treasury, Ballito Auto
- Assisted the KZN Department of Health with their Asset Management functions on behalf of the KZN Provincial Treasury
- Validated and Verified Audit of Perform
- Managed the entire procurement project for renewing of security guards for the entire KZN province which included the creation of bid documents and project plans
- Prepared working papers, reports and supporting documentation.
- Followed established auditing processes to meet internal and regulatory requirements.
- Mentored and managed 6 auditors, sharing knowledge and best practices to foster their professional growth within the team.
- Drafting of Annual Financial Statements
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
- Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
Financial Specialist Consultant
Deloitte Consulting Division
10.2012 - 12.2012
- Assigned to KZN Provincial Treasury
- Assessed and reviewed Contract Management process
Articles Clerk
Morar Inc.
02.2010 - 04.2012
- Prepared reports and materials to assist with audits.
- Prepared working papers, reports and supporting documentation for audit findings.
- Mentored junior clerks providing guidance and support in their professional development leading to enhanced team performance.
Articles Clerk
BDO Spencer Steward Inc.
01.2008 - 04.2009
- Prepared reports and materials to assist with audits.
- Prepared working papers, reports and supporting documentation for audit findings.
Accounting and Auditing Clerk
SAB&T Inc.
01.2007 - 07.2007
- Assigned to audit: Airports Company SA (ACSA), University of KZN, Ethekwini Municipality
- Enhanced auditing accuracy by diligently reviewing financial documents and identifying discrepancies.
- Performed VAT reconciliations
- Captured cheques and bank statement transactions to build up Trial Balance stage
Assistant Supervisor and Operations Manager
Gosai's Supermarket
01.1997 - 07.2010
- Managed daily tasks, delegating responsibilities effectively to optimize team resources and meet deadlines.
- Revised work practices to improve efficiency, boost quality and meet production goals.
- Ensured compliance with company policies and industry regulations by diligently monitoring operations and addressing issues proactively.
Education
BCom (Hons) in Accounting Science - Accounting
University of South Africa
04.2001 - 2010.04
Bachelor of Accounting - Accounting
University of Kwa Zulu Natal
Skills
Entrepreneurial
Professional body memberships
- Chartered Institute of Management Accountants (CIMA), TYPB4D
- South Africa Institute of Chartered Accountants (SAICA), 20010325
Computer program packages experience
- Caseware
- Pastel Evolution
- Quickbooks
- Pastel
- Maconomy
- SAP
- MS Office: Excel, Outlook,Word
- JD Edwards
- Oracle Fusion
- EPMWARE
Training
- BMS 200 Management Skills Program - November 2014
- Various CPD courses to be kept abreast with the changes in the Accounting standards and Tax Legislations
Timeline
Accountant
Investec Bank: Wealth And Investment
10.2023 - 06.2024
Business Analyst/System Administrator
Investec Bank: CSTech Finance
01.2019 - 10.2024
Enhanced Due Diligence Analyst
Investec Private Bank
06.2018 - 12.2018
Accountant and Operations Manager
Silversoft SA (PTY) Ltd
06.2015 - 09.2017
Consultant
Invictus Chartered Accountants/ Consulting Division
01.2013 - 07.2014
Financial Specialist Consultant
Deloitte Consulting Division
10.2012 - 12.2012
Articles Clerk
Morar Inc.
02.2010 - 04.2012
Articles Clerk
BDO Spencer Steward Inc.
01.2008 - 04.2009
Accounting and Auditing Clerk
SAB&T Inc.
01.2007 - 07.2007
BCom (Hons) in Accounting Science - Accounting
University of South Africa
04.2001 - 2010.04
Assistant Supervisor and Operations Manager
Gosai's Supermarket
01.1997 - 07.2010
Management Accountant
Kagiso Media (PTY) Ltd
1 2018 - 4 2018
Tax Accountant
Massdiscounters (PTY) Ltd
7 2014 - 3 2015
Bachelor of Accounting - Accounting
University of Kwa Zulu Natal
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