Summary
Overview
Work History
Education
Skills
Software
Certification
Timeline
Hi, I’m

Masekgantsha Malapa

Sr Accountant
Masekgantsha Malapa

Summary

Detail-oriented Accountant with 19 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.

Overview

16
years of professional experience
9
years of post-secondary education
2
Certifications
3
Languages

Work History

Mobile Cage Transport
Midrand

Accountant
12.2014 - Current

Job overview

  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • 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.
  • Used advanced software to prepare documents, reports, and presentations.
  • Gathered financial information, prepared documents, and closed books.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.

Nedtex 217
Roodepoort

Senior Tax Accountant and Payroll Accountant
07.2010 - Current

Job overview

  • Identified impactful regulations and incorporated changes to comply with new requirements.
  • Taught junior staff how to prepare statements, resolve discrepancies and maximize efficiency.
  • Classified assets correctly to properly account for depreciation on routine filings.
  • Prepared accurate quarterly and yearly tax filings for businesses such as Income tax return (ITR14) and Provisional Tax (IRP6).
  • Examined accounts and records and computed tax returns according to prescribed rates, laws and regulations -
  • ( EMP201,EMP501,VAT201,UI-19 etc)
  • Reviewed financial reports to correctly ascertain taxation and statement requirements.
  • Responded promptly to official tax notices requiring clarifications and additional submissions.
  • Performed monthly payroll administration duties

Mase Malapa Accounting and Tax Consultants
Roodepoort

Accountant and Tax Practitioner
08.2007 - Current

Job overview

  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Provided journal entries and performed accounting on accrual basis.
  • Maintained integrity of general ledger and chart of accounts.
  • Trained new employees on accounting principles and company procedures.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Prepared and filed tax forms to meet needs of customers.

Pioneer Foods (Pty) Ltd
Johannesburg

Senior Assistant Accountant
03.2013 - 09.2013

Job overview

  • Reviewed general ledger entries and assessed accuracy.
  • Monitored status of accounts receivable and payable to facilitate prompt processing.
  • Assisted with monthly and quarterly income statements, balance sheets and cash flow reports to inform decision-makers.
  • Analyzed and verified employee expense reports for accuracy.
  • Maintained accurate and complete documentation to facilitate accounting and filing functions.
  • Supervised accounting staff to provide feedback and evaluate progress.
  • Completed financial reports, providing insight into performance, operations and cash flow.
  • Trained new employees on accounting principles and company procedures.
  • Provided journal entries and performed accounting on accrual basis.
  • Collected and reported monthly expense variances and explanations.

One Stone Capital Group
Sandton

Financial Reporting Accountant and Tax Compliance
10.2007 - 04.2010

Job overview

  • Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
  • Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
  • Maintained the shareholders register and updated it at CIPC
  • Issued out Shareholder certificates
  • Enhanced customer satisfaction by uncovering and correcting outstanding financial problems and account errors.
  • Organized budget documentation and tracked expenses to maintain tight business controls.
  • Compiled budget figures by reviewing past budgets, evaluating estimated income, and assessing expenses.
  • Delivered exceptional project management and addressed complex business strategy for senior leadership.
  • Prepared Group Annual Financial Statements and liaised with the auditors
  • Trained 4 employees on established practices and accounting protocols to eliminate workflow snarls and tracking concerns.
  • Reported financial data and updated financial records in ledgers and journals.
  • Input financial data and produced reports using Pastel Accounting and Microsoft excel.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Taxation
  • Collation of information related to the Income tax Computations for all companies in the group.
  • Completion of Income Tax Return for all companies in the group.
  • Completion of Secondary Tax on Companies STC documents and returns.
  • Monthly Calculation of VAT and completion of VAT return Form. ( Holding Company)
  • Reviewing subsidiaries Monthly Calculation of VAT and completion of VAT return Form.
  • Testing the compliance and adherence to timely submissions of VAT, EMP (PAYE),and Income Tax Returns
  • Obtaining Tax Clearance Certificates for all companies in the group and maintaining the compliant status

Education

University of Johannesburg
Johannesburg

National Diploma in Accounting from Accounting
02.2000 - 06.2003

University Overview

  • Member of Student Christian Organization

University of South Africa
Johannesburg

Course in Taxation from Taxation
02.2016 - 11.2016

University Overview

University of South Africa
Johannesburg

Advanced Diploma in Accounting Sciences from Accounting And Taxation
02.2018 - 06.2021

University Overview

University of South Africa
Johannesburg

Postgraduate Diploma in Taxation from Taxation
02.2022 - Current

University Overview

Skills

    Calculating liabilities

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Software

Sage One Accounting

Sage Payroll

SAP

Syft Analytics

Draftworx

Case Ware

Certification

Business Accountant in Practice (SA)

Timeline

University of South Africa
Postgraduate Diploma in Taxation from Taxation
02.2022 - Current
University of South Africa
Advanced Diploma in Accounting Sciences from Accounting And Taxation
02.2018 - 06.2021

Business Accountant in Practice (SA)

01-2017

Tax Practitioner (SA)

01-2017
University of South Africa
Course in Taxation from Taxation
02.2016 - 11.2016
Accountant
Mobile Cage Transport
12.2014 - Current
Senior Assistant Accountant
Pioneer Foods (Pty) Ltd
03.2013 - 09.2013
Senior Tax Accountant and Payroll Accountant
Nedtex 217
07.2010 - Current
Financial Reporting Accountant and Tax Compliance
One Stone Capital Group
10.2007 - 04.2010
Accountant and Tax Practitioner
Mase Malapa Accounting and Tax Consultants
08.2007 - Current
University of Johannesburg
National Diploma in Accounting from Accounting
02.2000 - 06.2003

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Masekgantsha MalapaSr Accountant