Caseware
SBUSISO TRUE-MAN MSOMI
Financial Reporting Manager
Umlazi Township,ZA
Summary
Seasoned financial management professional with over 10 years of progressive experience in local government finance, specializing in GRAP-compliant reporting, MFMA implementation, and financial control systems. Proven ability to lead financial reporting teams, manage audits, and ensure compliance with accounting standards and regulatory frameworks. Recognized for analytical precision, leadership, and the ability to drive financial integrity across complex municipal environments.
Overview
14
14
years of professional experience
3
3
Certifications
1
1
Language
Work History
Project Manager
Inkazimulo Business & Advisory Services
07.2017 - Current
- - Lead the preparation of GRAP-compliant Annual Financial Statements (AFS) and interim reports.
- - Supervise teams compiling working paper files and performing reconciliations across control accounts.
- - Drive compliance with Auditor-General requirements through detailed audit query management and action plans.
- - Develop and implement financial policies, checklists, and internal control systems.
- - Provide ongoing technical support and training to municipal finance teams.
Capital Expenditure & Asset Management Accountant
Alfred Duma Local Municipality
09.2016 - 06.2017
- - Oversaw capital project expenditure to ensure compliance with MFMA and DORA.
- - Reconciled VAT, creditors, and bank accounts to strengthen financial accuracy.
- - Maintained and updated asset registers in compliance with audit and statutory requirements.
- - Collaborated with auditors and management to enhance financial accountability.
Senior Accountant
Indaka Local Municipality
11.2014 - 08.2016
- - Managed creditor control, payroll administration, and asset management processes.
- - Ensured compliance with MFMA and VAT Act provisions.
- - Implemented internal control improvements that reduced audit findings.
- - Supervised finance interns and junior accountants.
Finance Intern
KZN Provincial Treasury
04.2012 - 03.2013
- - Captured payments and journals on BAS and ensured compliance with financial regulations.
- - Assisted in expenditure control, voucher management, and monthly reconciliations.
- - Supported audit readiness and reporting functions.
Education
Advanced Diploma - Accounting Sciences
University of South Africa (UNISA)
01.2019
Municipal Finance Management Programme - undefined
Regent Business School
01.2015
National Diploma - Accounting
Mangosuthu University of Technology
01.2011
Skills
GRAP-Compliant Financial Reporting
Municipal Finance Management (MFMA)
Audit Preparation & Coordination
Financial Controls & Policy Development
Team Leadership & Performance Management
Asset & Expenditure Management
Budgeting & Forecasting
CaseWare Pastel Sage Munsoft MS Excel (Advanced)
Annual financial statements
Audit compliance
Internal control systems
Team leadership
Asset management
Capital project oversight
Reconciliation processes
Budget management
Financial reporting
VAT compliance
Audit query management
Expenditure control
Document management
Certification
Pastel Accounting & Payroll
References
Available upon request.
Software
Basic Accounting System
Timeline
Project Manager
Inkazimulo Business & Advisory Services
07.2017 - Current
Capital Expenditure & Asset Management Accountant
Alfred Duma Local Municipality
09.2016 - 06.2017
Senior Accountant
Indaka Local Municipality
11.2014 - 08.2016
Finance Intern
KZN Provincial Treasury
04.2012 - 03.2013
Municipal Finance Management Programme - undefined
Regent Business School
National Diploma - Accounting
Mangosuthu University of Technology
Advanced Diploma - Accounting Sciences
University of South Africa (UNISA)