Mpho Molapo
SIB Assistant Accountant
Middelburg
Summary
Detail-oriented Assistant Accounting with more than 3 years of experience in accounting roles for both operational and capital expenditure. Skilled in account reconciliation, report drafting and collections. Industrious and meticulous with strong history of integrity and reliability. Due to passion in education I enrolled to Postgraduate Diploma in Project Management.
Overview
4
4
years of professional experience
6
6
years of post-secondary education
Work History
SIB Assistant Accountant/ Cost Accountant
Mafube Coallery
Middelburg
11.2022 - Current
- Assist with the reconciliation of SIB project ledgers, capital accrual ledger and retention ledger, investigate and provide feedback on all aged items
- Attends regularly scheduled meetings with project team (Weekly and Monthly Meeting) for progress in relation to project in execution
- Assist with the preparation and submission of project closure and asset creation forms Preparation and submission of monthly attestation documentation
- Assist with raising Purchase Requisitions in-line with the respective Governance Policies and Procedures and other queries
- Assists project management in reviewing client purchase and change orders and providing direct follow up with clients on status of these
- Ensure project-related documents are stored in accordance with the document retention policies, and can be easily retrieved for audit/query purposes (preservation of departmental records/document control) Reviews and monitors subcontractors document, invoicing, insurance certificates and other required documents are complete and linked appropriately to be processed on SAP
- Stakeholder engagement - liaison with various Consultants, Financial Experts, Auditors, GSS Capital Reporting Team, Coal Asset Management Team, Mafube Operations and SIB Project Team Reallocation of expenses to correct projects (WBS) within the ERP
- This includes appropriate coordination on approval of transfers
- Documents transfers of project-to-project time in billing file for audit trail
- Assist with month-end activities – consolidation of forecast inputs, month end uploads into SAP, Ramesys and HFM Compliance with Governance Policies and Procedures so as to mitigate risk e.g
- Compliance to non-order directive, alignment with Projects frameworks, document retention policies and delegation of authority framework Prepare monthly variance report for review to ensure consistent and accurate project data and revenue/profit recording and projections
- Initiates project close out to ensure all data in the ERP record is correct and complete
- Participated in cross-functional team meetings, providing valuable financial insights to inform strategic decision-making by business leaders.
- Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.
- Contributed to the annual budgeting process by providing accurate forecasts and analysis of expenses.
Accountant Assistance
Netcare Linksfield Hospital
01.2020 - 11.2022
- Assist with preparation of budgets and quarterly forecasts!
- Review and suggest improvements for budgeting and planning process Interim and year-end reporting.
- Assist with planning and preparing of Group interim results.
- Ensuring all financial entries required are processed accurately and timeously
- Prepare disclosure schedules detailing additional disclosure information
- Produce quality control reports to ensure accuracy and completeness.
- Make recommendations on improvement of reports and improve systems and control checks where necessary.
- Balance Sheet reconciliations and corrections Assist internal and external auditors with queries at year-end and mid-year audits Financial Reports and processes.
- Ensuring that accurate accounting entries are processed per profit centre monthly
- Assist with preparation of monthly, quarterly, and annual management reports
- Liaise with line manager to ensure appropriate provisions, accruals and corrections are processed timeously.
- Obtain inputs and commentary on performance and variances against prior months, budget or forecast
- Assess reasonability of divisional key performance indicators and report and follow up on any discrepancies
- Liaise with property division, Central Payments Department, and Group reporting to resolve queries, report accurate financial data, and fix any errors timeously
- Improve financial reporting systems and management systems where required
- Assisted in budget preparation and monitoring, aiding in effective financial management.
- Contributed to audit preparations, ensuring compliance with internal controls and external regulations.
- Assisted in the development of internal control procedures to mitigate risks related to fraud or error within the organization.
- Reduced outstanding accounts receivable balances by diligently following up on overdue invoices.
- Served as a reliable resource for colleagues seeking assistance or guidance on various accounting topics or tasks.
- Enhanced financial accuracy by assisting with the preparation of monthly financial statements and reports.
- Supported tax preparation efforts, gathering necessary documents and information for accurate filing.
- Facilitated communication between finance department and other departments for smooth cross-functional operations.
- Reconciled bank statements monthly, identifying discrepancies for prompt resolution.
Education
Postgraduate - Project Management, South Africa
Mancosa
Pretoria 01.2024 - Current
Bcom Honours - Accounting And Finance
University of Limpopo
Polokwane, South Africa 01.2018 - 12.2019
Bcom Accounting - Accounting, South Africa
University of Limpopo
Polokwane, South Africa 01.2014 - 12.2017
Skills
Analytical Reasoning
undefinedPersonal Information
- ID Number: 940225 5658 089
- Ethnicity: African
- Gender: Male
Educational Background
B. Com Accounting, 2017
- Financial Accounting III
- Auditing III
- Management Accounting and Finance III
- Taxation III
B. Com Honours, 2019
- Advanced Financial Accounting
- Advanced Auditing
- Advanced Management accounting and Finance
- Research Project
- Advanced Taxation
Postgraduate Diploma Project Management, 2024
- Advanced project management
- Project scope and scheduling
- Project resource and procurement
- Managing project scope
- Project Applied Technology
- Project Financial Management
- Project Quality Management
- Project Stakeholder
- Communication Management
Accomplishments
During 2023 I was assigned a project of procuring Light (LDV) Delivery Vehicle with a full mine compliance. With my limited knowledge of project management, I started with the compliance requirements, compiled a full check list and standard procedure that will be signed by HOD and the relevant stakeholders. The outcome of this process wa a success as I managed to make delivery of 6 mine compliant LDV without delays and with saving of R400 000 from the project.
References
- Ms M. Ramolobe, Senior Lecture, University of Limpopo, 015 268 3271
- Ms S. Mahlangu, HR Assistant, Netcare Linksfield, 011 806 3444
- Mrs J. Krige, SIB Accountant, Mafube Coal Mine, 013 246 9444
Timeline
Postgraduate - Project Management, South Africa
Mancosa
01.2024 - Current
SIB Assistant Accountant/ Cost Accountant
Mafube Coallery
11.2022 - Current
Accountant Assistance
Netcare Linksfield Hospital
01.2020 - 11.2022
Bcom Honours - Accounting And Finance
University of Limpopo
01.2018 - 12.2019
Bcom Accounting - Accounting, South Africa
University of Limpopo
01.2014 - 12.2017
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