Summary
Overview
Work History
Education
Skills
Timeline
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Mihlali Sonwabo

Mid-Level Accountant
Cosmo City

Summary

Detail-oriented and results-driven Mid-Level Accountant with extensive experience in preparing and analyzing financial performance reports, sales data, and business performance packs. Proficient in Excel, PowerPoint, Word, and Sage X3, with a proven track record in financial reporting, budget preparation, and ERP system implementation. Currently pursuing CIMA Management level to enhance skills in management accounting and business strategy. Adept at collaborating with various departments to ensure accurate and timely financial reporting. Skilled in financial analysis and management accounting, streamlined operations, improving efficiency by 30%. Detail-oriented Accountant with 2 years and 7 months 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

3
3
years of professional experience
4
4
years of post-secondary education

Work History

Mid-Level Accountant

CFO36 Advisory (Pty) Ltd
Honeydew, Roodepoort, Gauteng
01.2023 - Current
  • Oversee and manage the recording of financial transactions, ensuring accuracy and compliance with accounting standards.
  • Supervise the maintenance and updating of client ledgers and financial records.
  • Lead the preparation and compilation of tax returns for payroll, VAT, and income tax compliance, providing guidance to junior staff.
  • Prepare and review monthly reconciliations of General Ledger accounts, ensuring adherence to deadlines.
  • Manage the Fixed Asset Register, Monthly Flash, and Monthly Actuals using Xero, Sage, and QuickBooks, ensuring accurate reporting and compliance.
  • Oversee and ensure timely submission of IRP5 reconciliations, PAYE submissions, VAT reports, EMP201, and IT14 on SARS E-filing.
  • Conduct and review end-of-month reconciliations, resolving discrepancies and ensuring the accuracy of financial records.
  • Prepare and review journal entries, ensuring proper documentation and accuracy before entering into the system using Sage, Xero, and QuickBooks.
  • Assist in the preparation of monthly financial statements, providing analysis and insights to senior management.
  • Mentor and train junior accountants, providing guidance and support to enhance their skills and performance.
  • Collaborate with cross-functional teams to improve financial processes and systems.
  • Conduct financial analysis and provide insights to support business decisions and strategic planning.
  • Ensure compliance with all relevant accounting standards, regulations, and internal policies.

Junior Accountant

CFO36 Advisory (Pty) Ltd
Honeydew, Roodepoort, Guateng
01.2023 - 03.2024
  • Record financial transactions, update ledgers, and maintain accurate financial records for clients.
  • Assist in compilation of tax returns for payroll, VAT, and income tax compliance.
    Prepare monthly reconciliations of General Ledger accounts within deadlines.
  • Maintain Fixed Asset Register, Monthly Flash, and Monthly Actuals on Xero, Sage and QuickBooks.
  • Submit IRP5 reconciliations, PAYE submissions, VAT reports, EMP201, and IT14 on SARS E-filing.
  • Conduct end-of-month reconciliations to ensure accuracy and resolve discrepancies.
  • Prepared journal entries and entered into system using Sage, Xero and Quickbooks
  • Assisted with preparation of monthly financial statements
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.

Inventory Clerk

Ackermans (Pepkor Group)
Kuils River, Cape Town
01.2022 - 12.2022
  • Completed physical inventory counts each month.
  • Assisted in physical inventories, verifying counts against existing records for improved accuracy in reporting data.
  • Kept documentation and records accurate and up-to-date with latest data to prevent errors in processing or delivery.
  • Reduced stock shortages by maintaining accurate records of incoming and outgoing shipments.
  • Managed over 50 customer calls per day from store managers
  • Completed physical inventory counts each month
  • Assisted in physical inventories, verifying counts against existing records for improved accuracy in reporting data
  • Evaluated supplies and product inventory to check for quality and quantity issues and returned unacceptable materials to vendors.

Education

Bachelor of Accountancy - Honors in Management Accounting

University of South Africa
Vanderbijlpark, South Africa
01.2020 - 04.2022

Bachelor of Accountancy - B.Com- Management Accounting

North-West University
Vanderbijlpark, GP
01.2019 - 05.2020

Skills

Bookkeeping

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Timeline

Mid-Level Accountant

CFO36 Advisory (Pty) Ltd
01.2023 - Current

Junior Accountant

CFO36 Advisory (Pty) Ltd
01.2023 - 03.2024

Inventory Clerk

Ackermans (Pepkor Group)
01.2022 - 12.2022

Bachelor of Accountancy - Honors in Management Accounting

University of South Africa
01.2020 - 04.2022

Bachelor of Accountancy - B.Com- Management Accounting

North-West University
01.2019 - 05.2020
Mihlali SonwaboMid-Level Accountant