Summary
Overview
Work History
Education
Skills
Websites
Software
Timeline
Generic
MFUNDO KHANYILE

MFUNDO KHANYILE

ACCOUNTING CONSULTANT
Germiston

Summary

Dedicated accounting professional with a Bachelor's in Accounting Sciences and ongoing SAIPA registration. Proven expertise in financial modeling, reporting, and compliance with IFRS/GMAP standards. Experienced in tax administration, bookkeeping, and client interaction. Strong analytical skills and adept in collaborative environments. Knowledgeable Accountant proficient in laws and 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. Detail-oriented Accountant with 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.

Overview

6
6
years of professional experience
2018
2018
years of post-secondary education
1
1
Language

Work History

Accountant- Accounting and Tax

THAMANI CONSULTING
Rosebank Gauteng
11.2023 - Current
  • Maintained precise records of financial transactions.
  • Analyzed financial data and prepared comprehensive reports.
  • Communicated effectively with clients, providing support and resolving inquiries.
  • Ensured adherence to accounting standards and assisted in tax preparation.
  • Implemented streamlined accounting procedures for increased efficiency.
  • Proficient in utilizing accounting software for seamless data management.
  • Assisted in audit preparations and provided necessary documentation.
  • Compiled and presented detailed reports for stakeholders.
  • Prepare management accounts, financial statements, and reconciliations for clients across various industries.
  • Oversee tax compliance including VAT, PAYE, and income tax submissions for SMEs and individuals.
  • Liaise with SARS to resolve account queries, secure tax clearances, and ensure proper allocation of payments.
    - Implement Sage Cloud Accounting to improve clients' financial reporting and operational efficiency.
  • Deliver VAT training, tax planning, and financial coaching sessions tailored to small business needs.
  • Manage payroll processing, EMP201 submissions, and EMP501 reconciliations
  • Analyzed data to identify discrepancies and collaboratively solved challenges.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Gathered financial information, prepared documents, and closed books.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Used advanced software to prepare documents, reports, and presentations.
  • Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
  • Prepared and filed tax forms to meet needs of customers.
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
  • Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
  • Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
  • Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
  • Ensured accurate and timely payroll processing for over 100 employees, maintaining employee satisfaction and compliance with labor laws.
  • Enhanced team productivity and knowledge by leading regular training sessions on accounting best practices and software updates.
  • Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
  • Supported strategic decision-making by providing accurate and timely financial reports to executive management.
  • Contributed to enhanced revenue growth by analyzing revenue streams and identifying underperforming areas.
  • Assisted in successful negotiation of terms with vendors and suppliers, improving company's cost-efficiency.
  • Ensured accurate and timely payroll processing for over 100 employees, maintaining employee satisfaction and compliance with labor laws.
  • Trained new employees on accounting principles and company procedures.
  • Identified legal tax savings and recommended ways to improve profits.
  • Developed financial models to assess and analyze financial performance of clients.
  • Cooperated with senior leaders to create operating budgets and initiate financial planning.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.

Accounting Consultant

RAM NAIDOO AND ASSOCIATES
Lenasia Gauteng
01.2022 - 10.2023
  • Managed approximately 20 incoming calls ,emails and whatsapp per day from customers
  • Prepared and submitted provisional taxes.
  • Managed SARS queries and filed disputes. Managed complex tax issues .
  • Conducted monthly VAT reconciliation and submission.
  • Performed bookkeeping, compiled annual financial statements, and submitted annual returns.
  • Managed payroll taxes and cashbook functions.
  • Conducted monthly bank reconciliation, inventory reconciliation, and trial balance analysis.
  • Handled client queries and performed balance sheet and income statement analysis.
  • Submitted COIDA and UIF Submissions .

Claims Clerk

PICK AND PAY DISTRIBUTION CENTRE
Long Meadow Johannesburg
03.2020 - 12.2021
  • Processed claims documentation in compliance with procedures and standards.
  • Maintained timely input to SAP for accurate claim transaction records.
  • Coordinated with the Claims Coordinator and Credit Supervisor on valid deals.
  • Processed pricing claims and credits daily and monthly.
  • Captured data into the information system for reliable reporting and trend analysis.
  • Managed ad hoc administration, including filing and spreadsheet compilation.
  • Tracked claim statuses diligently, keeping all parties informed of progress and any changes throughout the process.
  • Developed strong working relationships with internal colleagues as well as external vendors such as repair shops and appraisers for seamless coordination during the claims process.
  • Streamlined communication between departments, fostering a collaborative environment that improved overall team productivity.

Internal Audit

BAGAKOLODI CONSULTANT
Bloemfontien Free State
02.2019 - 11.2019
  • Performed field work on the RTMC audit of the Drivers Licence Centre's (DLTC) and Vehicle Testing Stations (VTS).
  • Identified findings from audit procedures.
  • Assisted with other audit work as directed by the team supervisor.

Education

Bachelor of Science - ACCOUNTING SCIENCES

University of Johannesburg
Johannesburg
05.2019

Skills

  • IFRS/GAAP COMPLIANCE

  • CASEWARE-XERO

  • ACCOUNTING

  • MICROSOFT OFFICE SUITE (POWERPOINT, WORD, OUTLOOK)

  • FINANCIAL MODELING

  • TAX ADMINISTRATION

  • FINANCIAL ANALYSIS

  • CLIENT INTERACTION

  • AUDIT PREPARATION

  • TAX DISPUTE AND AUDIR RESOLUTION

  • TAX SPECIALISATION

  • ADVANCED EXCEL

  • BOOKKEEPING

  • DRAFTWORX

  • PASTEL

  • SAGE 50 ACCOUNTING

Software

XERO ACCOUNTING

SAGE ACCOUNTING

SAGE PAYROLL

SIMPLE PAYROL

DRAFTWORKS

CASEWARE

Timeline

Accountant- Accounting and Tax

THAMANI CONSULTING
11.2023 - Current

Accounting Consultant

RAM NAIDOO AND ASSOCIATES
01.2022 - 10.2023

Claims Clerk

PICK AND PAY DISTRIBUTION CENTRE
03.2020 - 12.2021

Internal Audit

BAGAKOLODI CONSULTANT
02.2019 - 11.2019

Bachelor of Science - ACCOUNTING SCIENCES

University of Johannesburg

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