Mpho Musenwa
Protea Glen
Summary
Professional Summary Key Competencies Professional Approach
Certified Professional Accountant (SA), registered with SAIPA, with extensive experience in financial management and reporting. Passionate about finance and driven to foster a high-performance culture. Resourceful and results-oriented, with a proven ability to provide key financial information, support, and reporting to assist in organizational decision-making.
- Strong financial control and reporting skills, ensuring compliance with statutory and organizational obligations.
- Expertise in IFRS, GRAP, and the Companies Act 71 of 2008.
- Proficient in financial statement preparation, auditing (internal and external), and reporting.
- Skilled in managing accounts and ledgers to maintain accurate and balanced books.
- Experienced in coordinating teams to achieve consolidation and year-end reporting within strict deadlines.
- Thrive in challenging situations requiring analytical, creative, and strategic thinking.
- Enjoy leading transformation projects and supporting teams and individuals to achieve their goals.
- Extensive experience in various finance processes, including policy development, reporting, and auditing.
Overview
8
8
years of professional experience
Work History
Senior Financial Accountant
SRHR Africa Trust (SAT)
07.2024 - Current
- Review and prepare annual financial statements to ensure accuracy, completeness, and compliance with applicable accounting standards and the latest accounting disclosure and IFRS requirements.
- Responsible for forecasting & budgeting, reporting and presentations.
- Review and prepare tax returns to ensure accuracy, completeness, and compliance with applicable tax legislation and regulation; provide advice and solutions to business tax matters.
- Ensure up to date and accurate financial records are maintained for business unit reporting
- Partner with stakeholders in the provision of financial insights and guidance into the operational and general decision making and debates.
- Prepare and present financial performance (management reports) and Annual Financial Statements for approval to relevant committees, understand and provide guidance on the accounting implications.
- Co-ordinate external and internal audit engagements and facilitate audit matters
- Manage and monitor the applications and effectiveness of the business's financial information systems.
- Coordinate the budget preparation and manage the process throughout the budget period in accordance with guidelines and assumptions. Monitor and report variance analysis to support decision making and guide management in taking corrective action on budget variances.
- Record, interrogate and manage costs with associated drivers in the production, analysis and use of information for decision-making in the business.
- Plan and apply relevant principles to accurately record, adjust and reconcile financial transactions and events.
- Maintain appropriate supporting documentation according to professional financial accounting and reporting standards. Apply relevant principles to accurately record, adjust and reconcile financial transactions and events.
- Prepare and report on the financial performance. Manage the business unit reporting systems for management, project or performance reporting and implement optimal processes to deliver management information according to the reporting cycle.
- Maximize productivity through efficient planning of people and processes to drive optimal utilisation of available resources; identify and implement improvements to accounting and reporting processes.
- Conduct associated intervention activities in line with applicable laws, policies and procedures
- Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.
- Plan and manage performance, skills development, succession and talent management and culture of team in order to improve performance and competence.
- Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
Senior Financial Accountant
New loveLife Trust
02.2023 - 06.2024
- Ensure that existing policies and procedures are adhered to
- Identify any gaps in existing policies & develop new ones
- Develop Finance department budget
- Monitor expenditure vs
- Budget both for Finance department
- Prepare monthly financial reports
- Ensure standard financial systems are established and maintained in order to provide appropriate levels of security and controls over LoveLife resources and operations
- Ensure compliance with policies and procedures
- Accounts Receivables
- Maintain a national fixed assets register
- Prepare monthly returns (Vat, PAYE, SDL and UIF)
- Draw up a monthly cash-flow and monitor all deposits and payment
- Monitor National bank accounts
- Ensure all general ledger reconciliation are performed monthly
- Run a monthly salaries journal and post it to for allocation to the right cost centres
- Ensure that existing policies and procedures are adhered to
- Identify any gaps in existing policies & develop new ones
- Develop Finance department budget
- Budget both for Finance department
- Supervising the performance of staff and work reviews
- Prepared comprehensive financial statements, ensuring transparency and reliability of reported figures.
Senior External Auditor
Nexia SAB&T
01.2020 - 01.2023
- Conducted comprehensive external audits to ensure compliance with industry regulations and standards.
- Participated in ongoing professional development opportunities, staying current with industry best practices and emerging trends in external auditing.
- Created and delivered training for junior auditors on correct procedures.
- Allocated auditing work to junior and staff auditors to cover demand.
- Worked closely with clients'' internal audit teams to ensure a seamless transition from internal control reviews to external examinations.
- Mentored junior auditors, contributing to their professional growth and development in the field.
Accounting practitioner
Gauteng department of economic development
01.2018 - 01.2020
- Capturing goods receipts value on SRM (Supplier Relationship Management)
- Reconciling statements for suppliers and agencies
- Preparing subsistence travel advance and claims
- Preparing journals and posting them on SAP (Systems Applications and Products)
- Posting payments on SAP
- Compiling departmental transfers
- Processing supplier payments on SAP E-invoicing
- Capturing of allocations on SAP web cycle
- Verification of payments
- Preparing financial statements for the department
- Knowledge of SAP AND BAS systems
- Knowledge of the PFMA, GRAP and IFRS
- Compiling credit note for liquor board
- Key management recon for salaries.
Education
Skills
Month end close
Microsoft Excel expertise
Bank reconciliation
ERP system expertise
Payroll accounting
Team management
Inventory accounting
Accounts receivable management
Audit coordination
Balance sheet analysis
Cash flow management
Credit analysis
Tax compliance
Management reporting
Internal controls
Statement preparation
Affiliations
SAIPA
Custom Section
- Policy & Process Development and Review
- Project and Grant Accounting
- Financial Accounting
- Financial and Cost Management
- Budgeting
- Preparing working papers for external auditors
- Payroll
- Accounts Receivables
- Assets Register Management
- Posting month end journals
- Income tax, PAYE, and VAT registration
- Public entities audit
- Risk management
- Management Accounts
- Provisional tax calculation
- Preparing internal and external audit reports
- VAT reports, calculation
- EMP 501 reconciliation
Personal Information
- Gender: Male
- Nationality: South African
References
- Puleng Monametsi, New loveLife trust, Manager, 076 023 6392
- Tebogo, Gauteng Economic Development, Supervisor, 074 614 3849
- Mpumi Tshaba, Nexia SAB&T, Manager, 063 440 1007
Timeline
Senior Financial Accountant
SRHR Africa Trust (SAT)
07.2024 - Current
Senior Financial Accountant
New loveLife Trust
02.2023 - 06.2024
Senior External Auditor
Nexia SAB&T
01.2020 - 01.2023
Accounting practitioner
Gauteng department of economic development
01.2018 - 01.2020