Sithembile Ndaleni
Finance Manager
Johannesburg
Summary
Finance professional with extensive background in financial accounting and management. Known for driving process improvements and implementing strategic financial planning. Reliable team player with focus on collaboration and adaptability to changing business needs.
Overview
15
15
years of professional experience
2017
2017
years of post-secondary education
2
2
Certifications
Work History
Finance Manager
MineARC Systems
02.2025 - Current
- Daily banking requirements including payment review, authorisation and
reconciliations - Track and manage cashflow
- Debtor receipts and monthly statements including overseeing the portal system
- Monthly reconciliations of all bank and balance sheet accounts
- Maintenance of orderly accounting filing system
- Payment and recon of Creditors including any portal requirements
- Oversee stocktakes and stock adjustments
- Goods receipting and reconciliation oversight
- Processing the payroll for +/-30 employees
- Preparation and management of all tax liabilities
- Assist with EE, WSP and other submissions
- Provide clerical and administrative support to management as requested
- Commercial contract review and processing – Letters of credit, bank guarantees etc
- Assist with Grants and tender applications
- End of Month Balance Sheet and P&L reconciliations
- Calculate and issue financial analysis of AP & AR reports
- Manufacturing project analysis
- Staff credit card maintenance, governance, and reconciliation
- Preparation of the monthly financial reports including analysing financial data to
provide insights to support decision making processe - Liaising with external accountants / auditors
- Management of VAT Returns
- Management of BBBEE Audit and best rating assurance processes
- Business Plan and annual budget process
- Review and analysis of annual figures
- Provide cost centre analysis by department
- Insurance renewal and management
Finance Manager
Vision View Productions
08.2013 - 01.2025
- Management and guidance of finance personnel. Management of output of staff members within the finance department.
- Oversight of all financial controls and some logistics controls of the company.
- Assessing of performance against the business plan, identification of variances, recommendation of corrective action and driving of implementation.
- Performing general and subsidiary ledger reconciliations.
- Overseeing of employee benefits, payroll processing.
- Overseeing the completion of statutory returns and overall tax compliance.
- Account reconciliation: Balance sheet reconciliations, debtors and creditors reconciliation on Quickbooks Desktop and Online.
- Identification of accounting risks and mitigation thereof.
- Implementation and continuous improvement of the company's internal controls.
- Overseeing the management of the debtors and creditors management.
- Overseeing of financial processing systems, ERP system.
- Approval of payments after verifying supporting documents for validity, accuracy and completeness and processing of payments. Building of client relationships at appropriate levels.
- Overseeing payroll administration. Overseeing payroll processes and ensure timeous and accurate payment to staff. Working capital management.
- Assisting with audit processes as well as the BEE verification process.
- Ensuring financial compliance of the business.
- Full accounting function and day to day financial control.
- Tracking of revenue growth rate, sales volume, and market share to measure the company's ability to expand its customer base and increase revenue.
- Implementation of operational processes.
- Working closely with various departments to establish and manage SLAs that ensure timely and accurate financial reporting, budgeting, and forecasting.
- Responsible for monitoring and analyzing SLA performance metrics, identifying areas for improvement, and implementing changes to optimize financial processes and meet stakeholders' expectations.
- Overseeing of company procurement procedures.
- Facilitation of Inter-company transfers/transactions, reconciliations and analysis.
- Analyzing of complex financial data, identify trends and anomalies, and provide actionable recommendations to improve intercompany processes and reduce costs.
- Monthly closing entries.
- Financial Reporting.
- Performing Ad hoc tasks as required.
- Budgeting and Forecasting: Preparation of the annual and monthly budget, variance analysis, analysis and management of cost initiatives in line with budget and plan.
- Design and build financial reports that facilitate business decision-making and enables the business to meet financial and strategic objectives.
- Keeping abreast of changes in financial regulations and legislation.
Trainee Accountant
Invictus Chartered Accountants (SA)
04.2010 - 07.2013
- Performed data entry/capturing from source documents to various accounting systems i.e. Pastel, QuickBooks Professional and Caseware.
- Captured income and expense bills, captured petty cash transactions and bank statement transactions in Quickbooks, Caseware, and ACCPAC.
- Captured cash book entries (receipts and payments). Conducted petty cash and bank reconciliations in excel and in QuickBooks.
- Conducted creditors and debtors' reconciliations on a monthly basis. Reconciled creditors and debtors ageing analysis on a regular basis.
- Raised of accruals and provisions on a monthly basis and at year end.
- Conducted vat calculations and vat reconciliations monthly.
- Reconciliation of inter company loan accounts.
- Preparation cash flow projection analysis reports on Quickbooks.
- Conducted monthly salary reconciliations.
- Prepared salary schedules on excel (calculated, UIF, SDL and net salaries) and prepared employee payslips on excel.
- Compilation and reconciliation of fixed asset registers (calculation of monthly depreciation and recording of asset disposals and purchases).
- Reconciled and balanced the general ledger accounts.
- Processed monthly adjusting journal entries.
- Captured opening and year - end adjusting journal entries.
- Preparation of accounting working papers.
- Income tax computations / calculation for individuals, close corporations, companies and trusts taxes.
- Calculation of provisional taxes - individuals, close corporations, companies and trusts.
- Drafted and compiled annual financial statements in accordance to GAAP and IFRS for SMEs for close corporations and companies in Caseware/Caseview.
- Drafted and compiled annual financial statements for individuals, partnerships and trusts in terms of GAAP in Caseware/Caseview.
- Preparation of Monthly management accounts and annual financial statements.
- Preparation and drafting of members/ directors and trustees loan accounts certificates.
- Prepared Attorneys trust books in Quick-books and ran reports.
- Completion and submission of annual income tax returns on SARS E-filing for individuals, close corporations, companies and trusts.
- Completion and submission of provisional tax returns on SARS E-filing for individuals, close corporation, companies and trusts.
- Completion and submission of VAT returns and PAYE returns on E-filing.
- Completion and submission of UIF returns on U-filing.
- SARS Bi-Annual and Annual employer reconciliations on Easyfile.
- Completion of SARS application forms and gathered supporting documents (VAT, PAYE and Income Tax Registrations and De-registrations).
- Completion of return of earnings for submission to the Department of Labour.
- Completion and submission of tax clearance applications.
- Clearance of the suspense account.
- Performed external audits - vouching tests.
- Performed external audits - substantive testing (transaction testing and verification).
- Performed external audits - analytical review during the audit.
- Performed external audits - fixed assets Verification.
- Performed external audits - stock.
Education
Post Graduate Diploma - Accountant in Practice -
South African Institute of Professional Accountants
BTech Cost and Management Accounting Degree - undefined
University of South Africa
National Diploma in Accounting - undefined
University of Johannesburg
01.2010 - 01.2013
CIMA Advanced Diploma in Management Accounting - undefined
Chartered Institute of Management Accountants
Skills
- IFRS
- GAAP
- SAGE 300 ERP
- SAP Business One
Certification
South African Institute of Professional Accountants - PA (SA) - Full Member
Timeline
Finance Manager
MineARC Systems
02.2025 - Current
Finance Manager
Vision View Productions
08.2013 - 01.2025
Trainee Accountant
Invictus Chartered Accountants (SA)
04.2010 - 07.2013
National Diploma in Accounting - undefined
University of Johannesburg
01.2010 - 01.2013
BTech Cost and Management Accounting Degree - undefined
University of South Africa
CIMA Advanced Diploma in Management Accounting - undefined
Chartered Institute of Management Accountants
Post Graduate Diploma - Accountant in Practice -
South African Institute of Professional Accountants
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