THABANG THATO MOHLOKOANE
Kempton Park, Gauteng
Summary
Plant-focused Management Accountant with 9+ years’ experience in manufacturing finance, cost controlling, inventory management, BOM governance, variance analysis, and operational business partnering across FMCG, manufacturing and multinational environments.
Proven ability to act as the link between plant operations and finance, ensuring accurate cost allocation, strong internal controls, reliable month-end closure, and high-quality plant reporting. Experienced in stock counts, reconciliations, write-offs, consumption analysis, costing schedules, CAPEX governance, and system audits, with a strong track record of improving cost visibility, strengthening controls, and supporting operational decision-making.
Demonstrated expertise partnering with Operations, Supply Chain, Engineering, Production, Sales and Planning to optimise plant performance, improve margins, enhance BOM accuracy, and drive cost recovery. Skilled in SAP, Hyperion, BPC, Power BI and advanced Excel, with a strong ability to work independently, assertively and accurately in high-pressure manufacturing environments.
Overview
10
10
years of professional experience
Work History
Management Accountant – Greater Africa
Barloworld Equipment – SSA
04.2025 - Current
- Provide strategic financial business partnering to regional leadership across Namibia, Zambia, Angola, Mozambique, Malawi, Botswana and Zimbabwe.
- Prepare and consolidate monthly actual, forecast and budget reporting packs for multiple African operations.
- Coordinate the preparation and review of monthly management accounts, ensuring accuracy and compliance with Group reporting requirements.
- Analyse monthly financial performance and provide commentary on variances between actual results, forecasts and budgets.
- Support the preparation of rolling forecasts, annual budgets and long-term financial plans for the Greater Africa region.
- Review and monitor capital expenditure (CAPEX) against approved budgets and provide financial governance over capital investment.
- Prepare financial inputs and commercial analysis for regional projects and strategic business initiatives.
- Partner with Sales, Finance and Country Management teams to support commercial and operational decision-making.
- Conduct pricing reviews and profitability analysis to support commercial strategies and improve business performance.
- Review Service Level Agreements (SLAs) to ensure commercial viability and alignment with business objectives.
- Perform financial feasibility studies and investment appraisals for proposed business opportunities and capital projects.
- Support Supply Chain Management through financial analysis, cost optimisation and performance reporting.
- Ensure compliance with internal controls, financial policies and governance requirements across multiple jurisdictions.
- Identify, investigate and report system and interface issues affecting financial reporting and operational processes.
- Prepare executive reporting packs and business performance presentations for senior management.
- Provide financial analysis and support for ad hoc projects, management requests and business improvement initiative
- Roles and Responsibilities
- Business Partnering
- Key Achievements
- Successfully supported financial reporting and business partnering across seven African countries, ensuring consistent reporting and governance.
- Improved management decision-making through detailed financial analysis, executive reporting and commercial insights.
- Strengthened regional financial governance by monitoring CAPEX, internal controls and compliance with Group financial policies.
- Delivered financial support for strategic pricing reviews, SLA evaluations and feasibility studies, contributing to improved commercial decision-making.
- Built strong relationships with regional leadership and cross-functional teams, enhancing collaboration and financial performance across the Greater Africa region.
Acting Senior Financial Manager
Barloworld Equipment
Isando
08.2026 - 10.2026
- Month-end leadership — Oversaw full month-end close including journal approvals, impairments, accruals, depreciation reviews, DFRS and daily results review.
- Financial reporting governance — Reviewed and prepared OS/HFM submissions; supported team where required.
- Balance Sheet control — Reviewed and approved Balance Sheet reconciliations to ensure accuracy and compliance.
- CAPEX oversight — Reviewed and approved capital expenditure submissions.
- Audit management — Prepared year-end audit packs and coordinated internal and external audit requirements.
- Accounts Payable supervision — Reviewed invoices and released supplier payments and addendum transactions.
- Cashflow management — Reviewed bi-weekly cashflow forecasts, prepared internal cashflow reports and led cash management meeting preparation.
- Credit & AR governance — Oversaw credit applications, provisions, customer insurance approvals, legal escalations, AODs, credit notes and commission reviews.
- Customer risk management — Engaged with legal on high-risk customers and resolved escalated customer queries.
- Payroll control — Reviewed and approved monthly payroll.
- Budgeting & forecasting — Prepared F2 and annual budgets; loaded and cleared OS/HFM validations; attended all planning sessions.
- Risk & internal control management — Managed internal/external audit processes, prepared risk registers and completed internal control submissions.
- Strategic reporting — Prepared management meeting packs, strategic meeting information, CAT visit documentation and RDO submissions.
- Ad-hoc financial leadership — Delivered ad-hoc analysis and support across finance, credit, operations and executive stakeholders.
Management Accountant – Production
SAPPI Southern Africa – Tugela Mill
03.2023 - 03.2025
- Executed the full financial reporting process, coordinating the compilation of monthly Balance Sheet, Income Statement, Cash Flow, Fixed Asset and Current Asset reports.
- Analysed financial statements and obtained explanations for variances from budget owners for inclusion in management reports.
- Supervised month-end close activities and reviewed financial results to ensure reporting accuracy and completeness.
- Maintained the Costing Bill of Materials (BOM) and ensured accurate product costing and inventory valuation.
- Prepared financial reports and executive summaries for General Manager, Executive Committee and CEO review meetings.
- Managed and monitored profit improvement plans and operational savings initiatives across the mill.
- Ensured compliance with internal accounting policies, IFRS requirements and industry accounting standards.
- Acted as the custodian of the Hyperion reporting database, ensuring data integrity and accurate financial submissions.
- Verified segregation of duties and adequacy of financial controls across all business unit transactions.
- Confirmed that budget owners and operational managers maintained appropriate financial controls and governance processes.
- Developed weekly rolling forecasts, quarterly forecasts and annual budgeting submissions.
- Performed standard costing analysis and reviewed actual usage, production variances and BOM performance against budget.
- Managed EBITDA reporting and analysed sales, variable cost and fixed cost variances against budget and forecast.
- Prepared monthly and year-to-date Management Committee (MANCO) reporting packs and presentations.
- Analysed EBITDA waterfall by product segment and provided insights into profitability drivers.
- Performed production usage, price and efficiency variance analysis by plant and production area.
- Monitored fixed costs, CAPEX expenditure and plant savings initiatives.
- Coordinated the annual operating income, expense, product costing and capital budgeting processes.
- Prepared project budgets and developed forecasts for project costs, revenue and cash flow.
- Monitored project costs, identified cost-saving opportunities and ensured accurate cost allocation.
- Managed forecasts for cost centres under direct control and supported operational decision-making.
- Led and developed a finance team consisting of 1 Cost Accountant, 2 Cost Analysts and 1 Financial Accountant.
- Roles and Responsibilities
- Management Responsibilities
- Business Partnering
- Key Achievements
- Successfully managed the budgeting, forecasting and month-end reporting process for a major manufacturing operation.
- Improved visibility of manufacturing performance through detailed EBITDA, variance and plant-level reporting.
- Strengthened financial controls by enhancing segregation of duties and governance reviews.
- Supported operational cost reduction initiatives through detailed cost analysis and savings tracking.
- Maintained accurate product costing and BOM integrity, supporting reliable inventory valuation and profitability analysis.
- Led a high-performing finance team and ensured timely delivery of all financial reporting and forecasting requirements.
Management Accountant – Customer Service
RCL Foods Sugar & Milling
Pretoria West
01.2022 - 02.2023
- Provided commercial and financial support to Operations, Supply Chain, Warehouse and Distribution management, translating financial performance into actionable insights to improve profitability and operational efficiency.
- Partnered with budget holders and operational stakeholders on cost management, financial planning, forecasting and performance improvement initiatives.
- Provided financial input into business decisions, including costing, pricing analysis, investment appraisals and business case development.
- Analysed business performance and identified margin improvement, cost reduction and operational efficiency opportunities.
- Prepared and presented management reports, executive dashboards and financial analysis to support strategic and operational decision-making.
- Performed detailed cost and profitability analysis across Distribution and Warehouse operations, identifying key cost drivers, inefficiencies and opportunities to improve margins.
- Supported operational management with costing and pricing analysis, assessing the financial impact of commercial and operational decisions.
- Analysed actual performance against budget and forecast, providing detailed commentary on revenue, costs, margins and key business drivers.
- Conducted financial analysis and scenario assessments to evaluate the commercial viability of proposed initiatives and investments.
- Supported management in identifying and monitoring cost-saving initiatives and profitability improvement opportunities.
- Provided ad hoc commercial analysis and recommendations to senior management in response to changes in operational performance and business requirements.
- Developed enhanced management reporting and dashboards to improve visibility of financial and operational performance.
- Prepared detailed variance analysis and management commentary highlighting key performance drivers, risks and opportunities.
- Provided meaningful financial insights to management, translating complex financial information into practical commercial recommendations.
- Prepared and submitted financial and operational reports to Head Office in accordance with Group reporting requirements and deadlines.
- Responded to ad hoc financial and commercial analysis requests from senior management and business stakeholders.
- Commercial Finance & Business Partnering
- Pricing, Profitability & Commercial Analysis
- Budgeting & Forecasting
- Contract, CAPEX & Commercial Governance
- Reporting & Commercial Insight
- Operational & Supply Chain Exposure
- Leadership & Stakeholder Management
- Key Commercial Achievements
- Strengthened commercial decision-making by providing management with enhanced profitability, cost and variance analysis.
- Improved cost visibility and control across Distribution and Warehouse operations through detailed cost centre analysis and stakeholder engagement.
- Supported improved capital allocation through robust ROI, payback and business case evaluations.
- Enhanced forecasting and planning processes through the development and maintenance of financial forecasting models.
- Identified cost-saving and margin improvement opportunities through detailed operational and financial analysis.
- Strengthened inventory governance through improved stock count processes, variance analysis and corrective action monitoring.
Financial Analyst/Senior Financial Analyst – FP&A
Trentyre South Africa
02.2017 - 12.2021
- Produced monthly management accounts, executive dashboards and financial performance reports for senior management.
- Coordinated the preparation and consolidation of 18-month rolling forecasts across more than 54 branches.
- Facilitated the Annual Operating Plan (AOP) and annual budgeting process across multiple business units.
- Analysed working capital performance, including inventory, accounts receivable and accounts payable, to optimise cash flow and working capital management.
- Performed detailed financial analysis on branch profitability, product margins, pricing, sales performance and operational costs.
- Prepared and presented monthly, quarterly and annual financial reports comparing actual performance against budgets, forecasts and prior year results.
- Conducted detailed variance analysis and provided financial commentary on key performance drivers.
- Developed financial models and scenario analyses to support strategic planning and commercial decision-making.
- Performed SKU-level cost, pricing and profitability analysis to support forecasting and pricing strategies.
- Calculated weighted average costing for new products and product price revisions.
- Prepared mix, volume, price and foreign exchange (FX) variance analysis for Group reporting.
- Partnered with Sales, Procurement, Demand Planning and Operations teams to improve forecast accuracy and business performance.
- Supported CAPEX governance through expenditure monitoring and balance sheet reconciliations.
- Assisted senior management with ad hoc financial analysis, business cases and strategic projects.
- Roles and Responsibilities
- Business Partnering
- Key Achievements
- Successfully coordinated and consolidated 18-month rolling forecasts for more than 54 branches.
- Improved forecast accuracy by partnering with cross-functional teams and incorporating operational and commercial changes into forecasting models.
- Enhanced management reporting through detailed variance analysis, executive dashboards and insightful financial commentary.
- Delivered financial analysis that supported pricing decisions, profitability improvements and strategic business planning.
Education
CIMA operational Level -
IBCT
01-2026
BCom - Accounting
University of Johannesburg
01-2016
Matric -
Central Secondary School
01-2012
Skills
- Plant Cost Controlling
- Inventory Management & Stock Governance
- Bills of Materials (BOM) Accuracy & Consumption Reporting
- Standard Costing & Cost Allocations
- Manufacturing Variance Analysis (Usage, Price, Efficiency)
- Month-End Close & GL Support
- Cost Centre Management
- Stock Revaluations & Costing Schedules
- Operational & Supply Chain Business Partnering
- Internal Controls & Master Data Integrity
- CAPEX Governance & Cost Recovery
- Financial Reporting (Monthly, Quarterly, Annual)
- Continuous Improvement & Process Optimisation
- SAP Oracle SmartView Essbase Hyperion (HFM) BW/BPC Syspro Power BI QlikView Advanced Microsoft Excel
Timeline
Acting Senior Financial Manager
Barloworld Equipment
08.2026 - 10.2026
Management Accountant – Greater Africa
Barloworld Equipment – SSA
04.2025 - Current
Management Accountant – Production
SAPPI Southern Africa – Tugela Mill
03.2023 - 03.2025
Management Accountant – Customer Service
RCL Foods Sugar & Milling
01.2022 - 02.2023
Financial Analyst/Senior Financial Analyst – FP&A
Trentyre South Africa
02.2017 - 12.2021
CIMA operational Level -
IBCT
BCom - Accounting
University of Johannesburg
Matric -
Central Secondary School