Nkosinathi Mpanza
Waterfall, Midrand
Summary
Detail-oriented Finance Professional with expertise in financial management and auditing. Specialises in fund accounting and auditing, ensuring accurate financial reporting and regulatory compliance. Experienced in managing complex portfolios, performing reconciliations, and preparing comprehensive financial statements. Collaborates effectively with audit teams and stakeholders to enhance audit processes and operational efficiency.
Overview
16
16
years of professional experience
Work History
Senior Fund Accountant
NBC Holdings
Parktown, South Africa
12.2025 - Current
- Managed financial accounts, reconciling bank statements and monitoring cash flow to maintain accurate records.
- Managed accounts payable and receivable, ensuring timely settlement of invoices and maximising cash flow.
- Reconciled monthly bank statements and resolved discrepancies.
- Posted journal and ledger entries, prepared financial statements and reports and closed books.
- Produced monthly and year-end closing statements, financial documents and invoices.
- Coordinated month-end and year-end close processes, ensuring accurate and timely financial reporting.
- Generated financial statements documenting revenue, expenses and liabilities.
- Completed detailed reviews of accounts and bookkeeping records to verify compliance with standards.
- Analysed financial data to produce monthly reports, providing insights into company performance for stakeholders.
- Coordinated with external auditors during annual reviews, facilitating a transparent and efficient audit process.
- Reviewed financial statements and tax audits in detail to identify and correct discrepancies.
- Established and maintained relationships with banking institutions, improving financial operations and services.
- Investigated and resolved discrepancies in financial records, maintaining high standards of accuracy.
- Compiled financial information, figures and forecasts for budgetary decision-making.
- Managed cash flow and liquidity for funds, ensuring sufficient resources for operations and investments.
- Reconciled fund transactions, identifying discrepancies and resolving them to maintain accurate records.
- Liaised with fund managers and stakeholders to deliver financial insights and support investment strategies.
- Oversaw calculation of net asset values NAVs for funds, ensuring timely and accurate reporting.
- Managed daily accounting and reporting tasks for multiple funds, ensuring accuracy and timely reporting.
- Streamlined accounting processes through automation, significantly reducing errors and processing time.
Audit Team Leader
Deloitte
Midrand, South Africa
03.2022 - 06.2025
- Reviewed and validated financial statements, confirming their accuracy and compliance with statutory requirements.
- Led audit engagements, supervising teams to deliver high-quality financial audits within strict deadlines.
- Generated financial statements documenting revenue, expenses and liabilities.
- Planned and carried out a variety of company audits, including operational and financial audits.
- Drafted and submitted reports to brief management regarding findings, discrepancies and rectified audits.
- Trained and mentored junior auditors, building a skilled and cohesive team capable of handling complex audits.
- Managed multiple audit projects simultaneously, prioritising tasks to meet all deadlines without compromising quality.
- Reported on operating income, expenses against budgets and forecasted trends.
- Contributed to audit planning, testing and review of audit programmes to create framework and determine compatibility for organisation.
- Collaborated and worked with Department Heads to remove any discrepancies and improve processes.
- Participated and completed regular mandatory audit and accounting training to enrich skills and apply best audit practices.
- Attended staff meetings to discuss audit performances and developments, improving ways to avoid risks and discrepancies.
- Facilitated communication between audit teams and clients, maintaining strong relationships and fostering trust.
- Drafted audit analysis for departments to determine roots and causes and resolve issues.
- Supervised and trained independent auditors to assess operating practices and align with protocols and procedures.
- Developed auditing procedures and guidelines to streamline processes and improve efficiency within the department.
- Reviewed and approved work papers, audits, and financial statements prepared by junior staff for accuracy and completeness.
- Implemented quality control measures to reduce errors and improve the reliability of financial reporting.
- Supervised a team of junior auditors, providing guidance and support to enhance performance and productivity.
- Facilitated training sessions for audit staff on new regulations, accounting standards, and auditing techniques.
- Managed the scheduling and assignment of audit tasks, ensuring timely completion of projects within budget constraints.
Audit Senior, Pension Funds
Deloitte
Midrand, South Africa
03.2017 - 02.2022
- Collaborated with team members to achieve target results.
- Trained and mentored employees to maximise team performance.
- Achieved service time and quality targets.
- Picked up additional tasks to aid team success.
- Mentored junior auditors, providing guidance on audit methodologies, professional conduct, and career development.
- Reviewed and assessed financial statements and records for accuracy, compliance, and transparency in reporting, in terms of Section 15 and Reporting Requirements for Retirement Fund
- Performed sector-specific audits, applying specialised knowledge to uncover industry-specific financial risks and opportunities.
- Maintained up-to-date knowledge of changes in financial regulations and accounting standards to ensure compliance.
Senior Pension Fund Administrator
NBC Holdings
Parktown, South Africa
08.2013 - 02.2016
- Processed new pension applications, accurately entering data into the system for effective record-keeping.
- Administered members benefits in line with scheme rules and appropriate legislation, including refunds of contributions and deferred pensions.
- Conducted thorough reviews of pensioner payroll, verifying details for correct payment processing.
- Set up new pensions, including payment of pension commencement lump sums and other options.
- Calculated pension benefits for members, considering contributions and entitlements for accurate disbursements.
- Analysed pension contribution discrepancies, reconciling accounts to maintain accurate records.
- Demonstrated excellent time management skills, coordinating own workload to consistently meet and exceed statutory, departmental and team targets.
- Liaised with pension scheme members to clarify benefits and address queries, improving member understanding and satisfaction.
- Interacted with customers to determine needs and find suitable solutions to individual problems.
- Kept up-to-date on latest tax and pension laws, retaining thorough knowledge to help customers.
- Developed and maintained procedural documentation to standardise operations and improve consistency.
- Resolved complex member queries regarding pension calculations and entitlements through detailed analysis.
- Corresponded with clients and investment managers to deliver prompt, professional service, ensuring client needs were effectively met.
- Oversaw the departure of members from pension plans, processing leavers and transfers meticulously.
- Prepared and submitted regulatory reports to comply with pensions legislation and guidelines.
- Validated accuracy and correctness of submitted information and applications by conducting background checks and investigating claims before service provision.
- Supported the pension scheme trustees, preparing reports and documentation for board meetings.
- Liaised with members to provide detailed information on pension benefits, options, and entitlements, enhancing understanding and satisfaction.
- Processed enrolments, transfers, and withdrawals efficiently, minimising delays and improving member experiences.
Pension Fund Administrator
Absa Consultants and Actuaries
Johannesburg, South Africa
01.2011 - 07.2013
- Administered members benefits in line with scheme rules and appropriate legislation, including refunds of contributions and deferred pensions.
- Calculated pension benefits for members, considering contributions and entitlements for accurate disbursements.
- Set up new pensions, including payment of pension commencement lump sums and other options.
- Conducted thorough reviews of pensioner payroll, verifying details for correct payment processing.
- Implemented updates to pension records following changes in personal circumstances, guaranteeing current data.
- Managed annual pension statements, ensuring timely and accurate distribution to all scheme members.
- Coordinated the distribution of annual statements to fund members, offering transparency and detailed insights into individual accounts.
- Liaised with members to clarify pension benefits, options, and entitlements, improving understanding and overall satisfaction.
- Communicated account updates, benefits, and pension payments to customers via email and phone, ensuring clarity and responsiveness.
- Corresponded with clients and investment managers to provide prompt, professional service, fostering strong relationships and effective communication.
- Prepared and submitted regulatory reports to comply with pensions legislation and guidelines.
- Kept up-to-date on the latest tax and pension laws, retaining thorough knowledge to help customers.
- Responded clearly and helpfully to queries from members, referring complex enquiries to supervisor.
- Escalated exceptional or complex cases to senior officials for support, guidance or assistance.
- Availed documents for obtaining information, making applications or other purposes to clients, enabling access to social services.
Education
Bachelor of Science - Accounting and Auditing
University of South Africa- UNISA
Johannesburg, GP01-2016
Certificate of Higher Education - Economics and Investments
Milpark Education
Johannesburg, GP01-2010
Certificate of Higher Education - Banking and Insurance
Milpark Education
Johannesburg, GP01-2009
Higher National Diploma - Postgraduate in Investment Management
Milpark Education
Johannesburg, GP01-2028
Skills
- Financial analysis
- Financial reporting
- Fund management
- Cash flow projection
- Cash flow management
- Bank reconciliations
- Auditing
- Audit procedures
- Audit coordination
- Risk Management
- Data analysis
- Analytical-thinking
- Critical-thinking
- Strategic thinking
- Team oversight
- Client engagement
- Client relationship building
- Effective communication
- Self-motivation
- Ethical decision making
- Client engagement
Timeline
Senior Fund Accountant
NBC Holdings
12.2025 - Current
Audit Team Leader
Deloitte
03.2022 - 06.2025
Audit Senior, Pension Funds
Deloitte
03.2017 - 02.2022
Senior Pension Fund Administrator
NBC Holdings
08.2013 - 02.2016
Pension Fund Administrator
Absa Consultants and Actuaries
01.2011 - 07.2013
Bachelor of Science - Accounting and Auditing
University of South Africa- UNISA
Certificate of Higher Education - Economics and Investments
Milpark Education
Certificate of Higher Education - Banking and Insurance
Milpark Education
Higher National Diploma - Postgraduate in Investment Management
Milpark Education