Mathabo Makofane
Finance Professional
Summary
Finance professional skilled in financial analysis, budgeting, and forecasting. Known for strong focus on team collaboration and achieving results. Adaptable to changing needs, reliable, and results-driven. Vast experience in finance processes and policies, with experience in financial reporting, strategic planning, statutory finance and stakeholder management .
Overview
16
16
years of professional experience
Work History
Consultant Finance Business Partner
MTN Group
10.2021 - Current
- Assisted in the formulation of strategy, budget and planning activities for the business unit whilst ensuring alignment with Group.
- Provide analysis and develop insights to business unit on cost leadership initiatives and delivered comprehensive reports & presentation to stakeholders.
- Monitor and report on progress of budget, plans and forecasts for the business unit.
- Collaborated with cross-functional teams to successfully deliver comprehensive solutions
- Managed stakeholder relationships through regular check-ins and updates on project progress.
- Evaluated stakeholder needs and expectations, establishing clear goals for each consulting engagement.
- Analysed potential risk and facilitated resolutions and course corrections
- Analysed data sets to identify trends and opportunities for process improvements within the business unit.
- Assist in developing performance measures and KPI at various levels of the business unit and align with FP&A function on performance management methodology, process and protocols.
- Assisted in design and implementation of automation project relating to reporting
- Assisted in Business Unit compliance to Group Governance protocols and policies
Accountant
Netcare Hospital Group
12.2020 - 06.2021
- Produce accurate and timeous financial and management analysis and reporting.
- Analyse and report on balance sheet reconciliations, cost and bench marking implications and results.
- Prepare management accounts, budgets and forecasts.
- Analyse and report on budget variances.
- Compilation and submission of departmental cost centre reports and liaising with line managers on budget and expenditure monitoring.
- Maintenance of general ledger accounts and preparation of accurate balance sheet reconciliations.
- Submission of statutory submissions such as VAT201 and IT14SD.
- Analytical reviews of costs and expenditure to aid EXCO and line management in decision making.
- Manage and ensure that supplier contracts comply with regulatory requirement and SLA ie. PFMA, Companies ACT.
- Maintain fixed assets register, perform physical asset verification.
- Managing of risk and reviewing of internal controls as well as compilation of risk reviews.
- Supervision of staff in Finance Department.
Accountant
Telesure Investment Holding (Pty) Ltd
11.2018 - 06.2020
- Ensure timeous, accurate processing of transactions by the finance operations team.
- Analyse transaction at the general ledger level and process any adjustment journals or transactions.
- Process month end close transactions in general ledger and reconciliations.
- Prepare Annual Financial Statements inline with IFRS and GAAP requirements.
- Process and maintain all fixed assets and maintained the fixed asset register.
- Prepared Capital expenditure budget forecast input information.
- Perform daily treasury function.
- Assess gaps and collaborate on process implementation and innovation in the finance system.
- Planning work allocations and deliverables within the finance team.
- Prepare reports for internal reporting to management accountants and Exco.
- Assist with financial transactions on the companies ED/SD programs and provide feedback on projects embarked on.
- Provided management with feedback on cost analysis.
- Ensure that internal controls and ethical standard are adhered to on the financial processing controls.
- Prepare standard operating procedures for financial processes.
- Attend stakeholder meetings for company projects and provide financial advice on process and to ensure that outputs are performed efficiently and effectively and accurately.
National Contract Administrator: Enterprise and Supplier
Netcare Occupational Health (PTY) Ltd division of Netcare Group
10.2014 - 10.2018
- Maintain detailed and organized files of contracts and ensure compliance to applicable regulations ie PFMA, Companies Act.
- Prepare contract change notices, monitor contractor performance, including the reporting and status of contractor and owner deliverables.
- Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications, payment schedules.
- Prepare and disseminate information to appropriate employees regarding contract status, facilitate contractor meetings.
- Analyse and mitigate risk regarding procurement of service providers.
- Oversee administration of contracts.
- Monitor all contract deadlines and conditions to ensure timelines are kept and all relevant payments or information has been met regarding the SLA.
- Streamline processes and procedures for improving operational efficiency and supervise contract monitoring, contract administration and compliance.
- Coordinate with finance team to ensure proper billing and collection of contractual revenue.
- Develop and prepare regular reports on the status of contracts.
- Implement and interpret policies and procedures. Develop, recommend and coordinate the implementation of new procedures for the assigned function.
- May provide direction to contract specialists and staff regarding relevant contract provisions.
- Track and monitor performance in terms of ED/SD as outlined in the ESD plan.
- Compile and submit monthly and quarterly reports on recent ED/SD numbers.
- Develop a guideline/training programme and facilitate training for service providers and staff.
- Facilitate the procurement of service providers and their accreditation.
- Facilitate programme in line with transformation and EDSD requirements.
- Attend Divisional transformation committee meetings.
- Perform supplier audits as and investigations.
- Oversee an accurate and timeous financial analysis and reporting system.
- Analyse and report on budget variances.
Internal Auditor
Netcare Group Ltd
04.2013 - 09.2014
- Assessing whether identified controls with a process require a design assessment review.
- Preparation of planning documents and budget monitoring for assignment for risk-based audit.
- Drafting of risk and key controls relating to processes in risk and control matrix.
- Drafting of audit procedures, applying sampling methodology and execution of control testing.
- Review of company Non-Financial Information and Key Indicators.
- Review of process Control Self Assessments (CSA) that at a minimum all key controls are included in the CSA and monitored.
- Liaise with Risk department on change management process on CSA.
- Concluding on effectiveness and design adequacy of controls.
- Drafting of report on findings identified and offering recommendations.
- Conducting of introductory and exit meetings and minute taking.
- Performed peer Quality Assurance Reviews on audit files.
Audit Trainee
Nkonki Inc
01.2010 - 02.2013
- Documented the system description and identified the significant control with the all finance cycles: Creditors and expenses, Revenue cycle, General expenses, Bank and Cash and claims, Property Plant and Equipment, HR and Payroll.
- Designed test of controls and concluded on their operating effectiveness.
- Tested the process against policy and determined if irregularities were found which need forensic investigation.
- Testing of control and evaluating whether they are operating effectively.
- Performed preliminary analytical procedures to understand the entity.
- Performed an understanding of the internal control and policies of the entity and its environment.
- Identified risk at an overall financial statement level and assessed the risk identified.
- Reviewed compliance to treasury regulation on retained funds and any other statutory matters. I.e. Companies Act, PFMA.
- Drafted the report on findings to report to management.
Education
Masters - Business Leadership
UNISA School of Business Leadership
12-2025
Post Graduate Diploma - Accounting Sciences
UNISA
01.2011
Bcom - Accounting Sciences
University of Pretoria
01.2007
Grade 12 - undefined
Lowveld High School
01.2002
Skills
Software Experience
- Mentoring & Teaching
- Collaboration & Teamwork
- Business planning
- Management and Leadership
Soft Skills
- Budget Control, Forecasting & Reporting
- Auditing
- Report writing
- Analytical
- Written & Verbal Communication
Hard Skills
- MS Office suite
- SAGE X3
- SAP
- Oracle EPM
Software Experience
Accomplishments
- Recipient of the Best Support Team Award in recognition of exceptional service delivery and team collaboration
- Successful implementation of Fixed Asset module
- Successful implementation of contract management process compliant to client SLA and internal policy and procedure
Timeline
Consultant Finance Business Partner
MTN Group
10.2021 - Current
Accountant
Netcare Hospital Group
12.2020 - 06.2021
Accountant
Telesure Investment Holding (Pty) Ltd
11.2018 - 06.2020
National Contract Administrator: Enterprise and Supplier
Netcare Occupational Health (PTY) Ltd division of Netcare Group
10.2014 - 10.2018
Internal Auditor
Netcare Group Ltd
04.2013 - 09.2014
Audit Trainee
Nkonki Inc
01.2010 - 02.2013
Post Graduate Diploma - Accounting Sciences
UNISA
Bcom - Accounting Sciences
University of Pretoria
Grade 12 - undefined
Lowveld High School
Masters - Business Leadership
UNISA School of Business Leadership