Pheello Mahamo
Bloemfontein
Summary
Results-driven audit professional with comprehensive experience in financial analysis and compliance. Expertise in risk management, internal controls, and regulatory requirements. Strong focus on team collaboration and achieving results. Dependable and adaptable with keen ability to navigate changing needs. Known for analytical thinking, integrity, and effective communication.
Equipped with strong problem-solving abilities, willingness to learn, and excellent communication skills. Poised to contribute to team success and achieve positive results. Ready to tackle new challenges and advance organizational objectives with dedication and enthusiasm.
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Partner
Komsultant Pty Ltd
01.2019 - Current
- Provided outstanding service to all individuals, promoting effective, and lasting business relationships.
- Achieved successful client outcomes by identifying and addressing their unique needs and goals.
- Stayed informed on industry developments and market trends to gain competitive advantage.
- Networked with other professionals and organizations to expand contacts and opportunities.
- Monitored partner performance and provided feedback on areas of improvement.
- Coordinated with external auditors as necessary, facilitating smooth collaboration between both parties throughout the engagement process.
- Identified opportunities for process improvements within client organizations, leading to cost savings and increased operational efficiency.
- Assessed financial, accounting and operational controllership for both risks and opportunities.
- Ensured compliance with applicable regulatory requirements during all stages of the audit process.
- Mentored junior auditors, providing guidance on best practices and professional development opportunities.
- Reduced risk exposure for clients through diligent identification and assessment of potential financial and operational risks.
- Advised clients on the development and implementation of robust internal control systems, enhancing their ability to detect and prevent fraud effectively.
- Advised clients of civil construction industry trends and emerging conflicts and presented solutions that enhanced client business goals.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
- Reconciled tax accounts to prevent discrepancies and maintain readiness for expected tax liabilities.
- Reviewed financial reports to correctly ascertain taxation and statement requirements.
- Taught junior staff how to prepare statements, resolve discrepancies and maximize efficiency.
- Computed tax depreciation rates on business assets like technology and vehicles.
- Responded promptly to official tax notices requiring clarifications and additional submissions.
- Identified impactful regulations and incorporated changes to comply with new requirements.
- Helped organization maintain full compliance with local, state and tax requirements with diligent application of best practices.
- Streamlined tax processes by implementing efficient software tools and automation strategies.
- Reduced clients'' tax liability through thorough research and identification of applicable deductions and credits.
- Negotiated favorable repayment plans with taxing authorities for clients facing significant back taxes or penalties due to errors or oversights.
- Conducted comprehensive reviews of clients'' financial records to identify opportunities for tax savings and refunds.
- Leveraged extensive knowledge of industry-specific regulations to provide tailored advice for clients in diverse sectors, such as real estate, healthcare, technology, manufacturing, and nonprofit organizations.
- Identified potential areas of risk exposure for clients by performing thorough assessments of their financial positions, recommending appropriate mitigation strategies accordingly.
- Assisted non-profit organizations in maintaining their tax-exempt status by providing guidance on reporting requirements and eligible activities.
- Managed complex tax audits, ensuring accurate documentation and timely responses to SARS inquiries.
- Enhanced payroll accuracy through detailed review of time records and employee data.
- Provided expert consultation to clients on complex payroll matters, offering tailored solutions to meet their unique needs.
- Streamlined payroll processes by implementing automated systems and reducing manual tasks.
- Collaborated with HR to develop comprehensive employee benefits packages, ultimately increasing staff satisfaction and retention rates.
- Ensured full compliance with tax regulations by staying up-to-date on changes and conducting thorough audits.
- Completed payroll accurately and timely to meet employee expectations.
- Audited timesheets and payroll records for accuracy.
Finance and Accounting Manager
Bongaz Suppliers and Trading Cc - Logistics
02.2016 - 01.2019
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced departmental efficiency by developing standardized policies, procedures, and templates for routine tasks such as invoice processing or expense tracking.
- Implemented internal controls to reduce errors and fraud while maintaining regulatory compliance.
- Drove cost reduction initiatives by identifying inefficiencies in existing processes and suggesting improvements based on best practices.
- Ensured company tax compliance by staying up-to-date on legislative changes affecting the industry.
- Managed cash flow effectively by optimizing working capital management practices and forecasting future needs accurately.
- Managed banking reconciliations and monthly balance sheet statements.
- Developed and implemented various procedures to improve accounting process.
- Generated monthly and quarterly financial statements for executive review.
- Analyzed and reported on financial data to support business decisions.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Responded to employee inquiries to provide information regarding payroll deductions and related issues.
- Managed accurate records of employee time off, leave balances, and attendance for precise pay calculation.
- Submitted reports on payroll activities.
- Managed employee records on database to maintain accuracy and updated information.
- Ensured timely salary disbursements for employees, maintaining strict adherence to company policies and deadlines.
Accountant Consultant
Tanosa - Accounting and Tax Firm
03.2014 - 01.2016
- Assisted in budget development, monitoring expenses, and forecasting future needs to ensure fiscal responsibility.
- Streamlined financial processes by implementing efficient accounting systems and procedures.
- Facilitated the successful completion of annual external audits, resulting in clean audit opinions.
- Developed custom financial reports for management review, aiding in strategic decision-making processes.
- Managed accounts payable and receivable, ensuring prompt payments and accurate recording of transactions.
- Advised clients on financial best practices, helping them make informed decisions about their businesses'' future directions.
- Implemented tax strategies to minimize liabilities for both individual clients and corporations.
- Mentored junior staff members to improve their accounting skills and knowledge base, fostering team growth and development.
- Gathered financial information, prepared documents, and closed books.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Used advanced software to prepare documents, reports, and presentations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
Education
Bachelor of Commerce - Financial Management
University of The Free State
Bloemfontein, South AfricaSkills
- Strong financial understanding
- Managing key client accounts
- Innovative problem-solving
- Team-oriented collaboration
- Building strategic partnerships
- Strong verbal communication
- Guiding team members
- Organizational management
- Business growth initiatives
- Market analysis
- Sales strategy development
- Customer relationship development
- Tax compliance expertise
- Guidance on tax compliance
- Risk evaluation
- Financial statement review
- Accurate financial reporting
- Management of intercompany transactions
- Financial compliance measures
- Payroll management
- Budget tracking
- IFRS standards adherence
- Proficient in Sage and QuickBooks
Certification
- Licensed accountant in practice CIBA - 2016
- Certified Business Valuator, ACCA - 2024
- Tax Practitioner License SAIT- 2017
Languages
English
Bilingual or Proficient (C2)
Timeline
Partner
Komsultant Pty Ltd
01.2019 - Current
Finance and Accounting Manager
Bongaz Suppliers and Trading Cc - Logistics
02.2016 - 01.2019
Accountant Consultant
Tanosa - Accounting and Tax Firm
03.2014 - 01.2016
Bachelor of Commerce - Financial Management
University of The Free State
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