Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Timeline
Hi, I’m

NTANDO E MPOFU

Johannesburg
NTANDO E MPOFU

Summary

Experienced Accounting Professional with a focus on optimizing financial processes and ensuring compliance with standards. I am skilled in using software like QuickBooks and Draft Workx to enhance accuracy and efficiency. Successfully led cost-saving initiatives and managed payroll and tax operations. Experienced in working remotely, effectively collaborating with virtual teams to support objectives and deliver precise financial reporting.

Overview

7
years of professional experience
2
years of post-secondary education
4
Languages

Work History

Jim Tank Consultancy

Accounting Assistant
10.2022 - Current

Job overview

  • Utilized Excel to build dynamic financial models, incorporating key financial statements (income statement, balance sheet, cash flow statement) and business assumptions for accurate forecasting.
  • Provided regular updates and insights on financial performance through detailed reports derived from financial models, ensuring strategic alignment with business goals.
  • Developed and maintained financial models to forecast client cash flows, revenue, and expenses, enhancing decision-making processes.
  • Conducted comprehensive reviews of current financial systems to ensure compliance with SARS tax laws, IFRS, and local regulations.
  • Automated financial report generation, reducing manual data entry errors and improving reporting efficiency.
  • Developed a compliance framework for clients, ensuring 100% adherence to statutory regulations and audit standards.
  • VAT & Tax Compliance: Managed and filed VAT returns, payroll tax (EMP501), and provisional tax, ensuring 100% accuracy in reconciliations and compliance, while providing tax planning support to clients.
  • Facilitated 100% on-time reviews with actionable insights, leading to a 10% improvement in profit margins for clients.
  • Analyzed key performance indicators (KPIs), revenue growth, and liquidity ratios, generating recommendations for operational improvements.
  • Implemented cost-control measures that reduced unnecessary operational costs by 15% across client portfolios.

Lupane State University

Assistant Accountant
01.2019 - 09.2022

Job overview

  • Performed accurate data entry for financial transactions into the accounting system, ensuring all entries were complete and correctly categorized.
  • Reconciled monthly bank statements and financial records, ensuring 100% accuracy and identifying any discrepancies for prompt resolution.
  • Prepared and posted journal entries for various accounting transactions, maintaining proper documentation and audit trails.
  • Managed accounts receivable and payable, ensuring timely invoicing, payments, and collection of outstanding balances.
  • Monitored and updated the general ledger, ensuring accurate and consistent recording of all financial data.
  • Assisted in the preparation of monthly, quarterly, and annual financial reports, ensuring they were compliant with regulations.
  • Conducted regular reconciliations of petty cash and other subsidiary accounts, ensuring all records were accurate and up to date.
  • Ensured compliance with financial regulations and university policies, and implemented internal controls to minimize errors and discrepancies.

Education

University of South Africa (UNISA)

CTA Level 1
01.2024 - Current

National University of Science & Technology

Master of Science from Accounting

National University of Science & Technology

Bachelor of Commerce Honours from Accounting

Institute of Administration & Commerce (IAC)

Higher National Diploma from Accounting

Skills

Financial forecasting

Accomplishments

  • Successfully prepared and filed VAT returns for over 10 clients, maintaining a 100% accuracy rate, and supported clients through audits with no discrepancies.
  • Streamlined monthly reconciliations of bank accounts and financial statements, reducing discrepancies by 15% and ensuring all records were accurate and in compliance with regulatory standards.
  • Managed and filed monthly payroll taxes, including EMP501 and provisional tax, ensuring timely submission and compliance with tax regulations, and assisted in strategic tax planning that resulted in a 10% reduction in overall tax liabilities for clients.
  • Led the implementation of automated financial reporting systems, achieving a target of 80% automated financial reports with an error rate of less than 5%, resulting in improved accuracy and time efficiency.
  • Successfully implemented internal controls to ensure compliance with financial regulations, improving audit scores by 15% and reducing financial discrepancies by 10%.
  • Consistently maintained accurate financial records through efficient data entry, ensuring all transactions were recorded promptly and in accordance with accounting standards, contributing to a 20% improvement in data retrieval times for audits.
  • Led monthly reconciliation processes for various accounts, identifying and resolving discrepancies promptly, which resulted in a 10% reduction in outstanding reconciling items and enhanced financial statement accuracy.

Affiliations

  • International Association of Administrative Professionals

Timeline

University of South Africa (UNISA)

CTA Level 1
01.2024 - Current

Accounting Assistant

Jim Tank Consultancy
10.2022 - Current

Assistant Accountant

Lupane State University
01.2019 - 09.2022

National University of Science & Technology

Master of Science from Accounting
01.2022

National University of Science & Technology

Bachelor of Commerce Honours from Accounting
01.2018

Institute of Administration & Commerce (IAC)

Higher National Diploma from Accounting
01.2015
NTANDO E MPOFU