Prakashine Ellen
Accountant
Sandton
Summary
Finance professional with comprehensive background in accounting, ready to contribute to financial management and reporting. Known for accuracy in financial record-keeping and proficiency in auditing and tax preparation. Reliable team collaborator with focus on achieving financial accuracy and supporting dynamic business needs through analytical problem-solving and effective communication.
Overview
24
24
years of professional experience
Work History
Accountant
AlexForbes
04.2024 - Current
- Completing all monthly financial accounting duties including:
- preparation of balance sheet recons,
- invoicing,
- journals,
- analysing account balances and/or transactions,
- financial reporting including financial statements.
- Adhoc investigations and projects.
- Facilitating and assisting in sourcing support for audit purposes
- Preparation of group subsidiary financial statements including notes and entity specific calculations, within the IFRS framework.
- Providing detailed analysis together with supporting documents on corporate account balances and transactions to both management and external auditors.
- Completion of statutory financial reporting packs utilised to facilitate the consolidation process.
- Preparation of quarterly reporting returns relating to group subsidiaries, including StatSA and CIPC.
- Assistance with the review process of the results announcement, analyst presentation and annual financial statements by ensuring consistency between documents and validating the accuracy of information presented against source working files in addition to casting, cross casting, reference check and reviewing spelling and grammar.
- Assistance in the review of financial information contained in the annual integrated report.
- Preparation and accurate processing of journals.
- Provide assistance on adhoc finance requirements or queries including assistance with income tax queries and analysis and assistance in summarising lease agreements or contracts from time to time.
- Assisting with completing management accounts: budgets, forecasts, income statements for corporate accounts and balance sheets.
- Providing general ledger account allocations for all cost centres and resolving all queries and discrepancies arising from processing.
- Analysing of account balances and/or transactions. Review of balance sheet at month end to identify incorrectly classified items for correction and ensure balance sheet for legal entity is in balance.
- Monthly preparation of balance sheet reconciliations for the stand alone entities on all relevant accounts.
- Identification of reconciling items that have been long outstanding and providing resolutions or assistance with clearing.
- Preparation and invoicing of related party and sundry debtor items where required.
- Processing of invoices pertaining to share scheme.
- Performing analysis of intercompany transactions and facilitate in the monthly intercompany balancing process.
- Providing oversight of reconciliations performed by other centres of excellence within Finance by performing high level review of reconciliations by agreeing closing balance sheet positions and ensuring appropriateness of underlying supporting information.
Fund Accountant
AlexForbes
07.2022 - 03.2024
- Collaborated with fund managers regularly to align efforts to confirm accurate financial reporting.
- Prepared cash and currency reconciliation reports for counterparty accounts.
- Enhanced financial reporting accuracy by diligently reconciling fund transactions and positions.
- Reconciled daily trading transactions to ascertain necessary month-end adjustment measures.
- Delivered timely month-end reports with a focus on data integrity and thorough analysis.
- Maintained accurate transaction processing record.
- Collated monthly shareholder activity reports and transmitted completed reports to manager.
- Provided ongoing training to junior staff members, fostering professional development opportunities within the team environment.
- Mitigated errors in financial data by rigorously reviewing journal entries before posting to general ledger accounts.
- Resolved cash exceptions, evaluating impact on overall account status and reporting findings to stakeholders.
- Monitored and managed cash flows and expenses.
- Performed daily accounting of assigned funds and performed fund analysis for critical decision-making purposes.
- Maintained investor confidence with accurate preparation of client reports and consistent communication.
- Contributed to the successful onboarding of new clients by managing the set-up process, coordinating with relevant parties, and ensuring smooth integration into existing systems.
- Resolved accounting variances and estimated monthly closing accruals.
Trainee Accountant
Debtin
06.2014 - 06.2022
- Reconciled balance sheet figures and sought assistance to reduce errors.
- Contributed to timely completion of financial audits by compiling necessary documentation and providing accurate information.
- Assisted senior accountants in the preparation of monthly financial reports for better decision making.
- Reduced errors in data entry by maintaining attention to detail when recording transactions in accounting software.
- Prepared straightforward tax returns and explained expected refund or income tax liability and due date for payment.
- Improved cash flow management with diligent monitoring of accounts receivable and timely follow-ups on outstanding payments.
- Enhanced financial accuracy by diligently reconciling accounts, identifying discrepancies, and resolving issues.
- Assisted with the implementation of new accounting systems or software upgrades as required for continued business growth.
- Consistently met deadlines for assigned tasks, contributing to overall efficiency within the accounting department.
- Ensured compliance with tax regulations by accurately preparing tax returns and submitting them within deadlines.
- Collaborated with team members during month-end closing procedures, resulting in timely submission of financial statements.
- Maintained confidentiality of sensitive financial information, adhering to company policies and professional ethics standards.
- Developed expertise in relevant accounting software tools, ensuring accurate record-keeping while maximizing productivity levels.
- Streamlined accounting processes by implementing efficient organizational systems and filing procedures.
- Performed variance analysis to identify discrepancies between actual results and budget projections for proactive problemsolving.
- Provided exceptional customer service when addressing vendor inquiries or concerns regarding payment status or invoice disputes.
- Strengthened internal controls through regular review of accounting policies and recommending improvements where needed.
- Assisted in transition to new accounting software, minimizing disruptions in client services.
- Developed comprehensive spreadsheets for financial analysis, streamlining client reporting.
- Collaborated with senior accountants on complex tax preparation cases, enhancing team efficiency.
- Maintained up-to-date knowledge of accounting software, ensuring efficient processing of client data.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Maintained integrity of general ledger and chart of accounts.
- Provided journal entries and performed accounting on accrual basis.
- Tracked funds, prepared deposits and reconciled accounts.
- Trained new employees on accounting principles and company procedures.
Debtors Manager
Debtin
06.2014 - 06.2022
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
- Maximized performance by monitoring daily activities and mentoring team members.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Cross-trained existing employees to maximize team agility and performance.
- Developed and maintained relationships with customers and suppliers through account development.
- Managed budgets effectively, ensuring optimal financial performance while investing in necessary resources for business growth.
- Achieved departmental goals by developing and executing strategic plans and performance metrics.
- Facilitated team brainstorming sessions that led to innovative solutions for long-standing operational challenges.
- Boosted employee morale and reduced turnover through development and implementation of comprehensive rewards and recognition program.
Au Pair
USA Jan & Rachel Goldfluss
05.2001 - 05.2022
- Acted as a responsible role model by demonstrating respect, kindness, and healthy habits to the host family''s children.
- Maintained open communication with parents regarding their children's progress, needs, and any concerns that arose during the au pair placement period.
- Taught children to organize toys, wash hands, and share by leading by example.
- Enhanced family''s daily routine by providing attentive childcare and maintaining a safe, nurturing environment.
- Implemented daily routine to maintain structure and stability
- Kept children's areas neat and clean.
- Collaborated closely with parents to establish consistent routines expectations promoting stability security for their children.
- Managed daily schedules effectively, ensuring punctuality for school drop-offs and pick-ups as well as extracurricular activities.
Senior Accounts Receivable Clerk
Miladys
08.2007 - 01.2011
- Developed strong client relationships through effective communication, resulting in prompt payments and reduced delinquencies.
- Expedited month-end closing procedures by accurately posting transactions and preparing detailed reports for management review.
- Optimized cash application processes by identifying opportunities for automation and implementing system improvements that increased accuracy rates.
- Collaborated with sales team to resolve billing discrepancies, ensuring timely invoice adjustments and customer satisfaction.
- Streamlined the order-to-cash process by collaborating with cross-functional teams to address inefficiencies and improve overall performance.
- Maintained accurate financial records through thorough reconciliation of customer accounts and bank deposits.
- Contributed to the successful completion of annual audits by providing organized documentation and clear explanations of accounting procedures.
- Negotiated favorable repayment terms with delinquent accounts, protecting the company''s financial interests while preserving ongoing business relationships.
- Enhanced cash flow by streamlining accounts receivable processes and implementing efficient collection strategies.
- Improved departmental efficiency by implementing new accounting software and training team members on its use.
- Reduced overdue payments by diligently monitoring aging accounts and promptly sending payment reminders.
- Supported company growth by maintaining a high level of accuracy in processing high-volume invoicing for expanding client base.
- Prepared and mailed invoices to customers, processed payments, and documented account updates.
- Reconciled accounts receivable ledger to verify payments and resolve variances.
- Monitored accounts to verify compliance with payment terms and schedules.
- Followed up overdue payments and payment plans from clients to establish good cash flow.
- Submitted cash and check deposits and generated cash receipts to record money received.
- Reviewed accounts on monthly basis to assess aging and pursue collection of funds.
- Handled day-to-day accounting processes to drive financial accuracy.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Inspected account books and recorded transactions.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Input financial data and produced reports using in-house software
Accounts Clerk
HollywoodBets
08.2003 - 08.2007
- Completed accurate bank reconciliations, identifying errors and rectifying any discrepancies promptly.
- Set up and updated Excel spreadsheets to track financial data.
- Provided exceptional customer service to both internal departments and external clients while resolving billing inquiries efficiently.
- Assessed data and information to verify entry, calculation, and billing code accuracy.
- Supported annual audits by preparing accurate and well-organized financial documentation for review.
- Ensured prompt payment of invoices, negotiating with vendors to secure favorable terms and discounts.
- Streamlined accounts payable processes by implementing an efficient digital filing system.
- Input financial data and produced reports using Pastel
- Maintained up-to-date knowledge of accounting regulations, ensuring compliance in all financial reporting tasks.
- Assisted in the preparation of monthly financial statements to provide insight into company performance.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
Education
Bachelor of Commerce - BComm Accounting
Mancosa
Durban 04.2001 -
Diploma - Financial Management
EThekwini College
Durban, South Africa 04.2001 -
Certificate - Bookkeeping And Professional Accounting
Damelin
Durban, South Africa 04.2001 -
No Degree - Web Design And Computer Studies
University of Connecticut USA
Stamford CT 04.2001 -
High School Diploma -
Daleview Secondary
Durban, South Africa 04.2001 -
Skills
Bookkeeping
Time management
Data inputting
Financial reporting
Financial analysis
Accounting and bookkeeping
Bank reconciliation
Tax preparation
Cash flow analysis
Data analysis
Accounts payable and receivable
MS office suite
Funds management
Budget analysis
Tax return filing
Audit support
Auditing
Account reconciliation
Financial statements
Invoice balancing
General ledger entries
General ledger accounting
Statutory reporting
Variance analysis
Account reconciliation processes
Regulatory compliance
Customer relations
Management accounting
General ledger management
Financial management
Cash flow management
Administrative support
Cost accounting
Financial planning
Account reconciliation specialist
Quickbooks
Financial auditing
Auditing procedures
Risk management
Internal controls
Project accounting
Fixed asset management
Financial statements expertise
QuickBooks expert
Revenue recognition
Microsoft Excel
Spreadsheet proficiency
Budget forecasting
A/P and A/R
Year-end close
Reporting
Financial statement preparation
Timeline
Accountant
AlexForbes
04.2024 - Current
Fund Accountant
AlexForbes
07.2022 - 03.2024
Trainee Accountant
Debtin
06.2014 - 06.2022
Debtors Manager
Debtin
06.2014 - 06.2022
Senior Accounts Receivable Clerk
Miladys
08.2007 - 01.2011
Accounts Clerk
HollywoodBets
08.2003 - 08.2007
Au Pair
USA Jan & Rachel Goldfluss
05.2001 - 05.2022
Bachelor of Commerce - BComm Accounting
Mancosa
04.2001 -
Diploma - Financial Management
EThekwini College
04.2001 -
Certificate - Bookkeeping And Professional Accounting
Damelin
04.2001 -
No Degree - Web Design And Computer Studies
University of Connecticut USA
04.2001 -
High School Diploma -
Daleview Secondary
04.2001 -
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