Summary
Overview
Work History
Education
Skills
Academic Highlights
Personal Information
Detailed Employment History
References
Timeline
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Thabo Tshabalala

Johannesburg South

Summary

An enthusiastic 3rd-year trainee accountant seeking to apply my knowledge and skills gained from the commerce and audit industry to make a meaningful impact. I am a highly motivated, analytical, inquisitive, and compassionate professional who is always seeking new challenges in efforts of personal growth and immensely contribute to the organization's objective.

Overview

9
9
years of professional experience

Work History

CA(SA) Trainee

MTN SA and MTN Group
02.2022 - Current
  • Receiving client information from account managers and evaluating if the deals (devices, network packages such as voice, data, SMS) are based on sound business decisions (looking at financial and qualitative information)
  • Calculation of EBITDA and NPV (financial and non-financial metrics) for outright purchases, long-term contracts, bids, and tenders
  • Creation of financial proposals of RFPs for Tenders and Bids
  • Assisting account managers in the negotiation process such as providing the client with discounts, and alternative packages that can meet the client's needs and budget.

Audit Trainee

PricewaterhouseCoopers (PwC)
02.2019 - 04.2021
  • Performing external audits for clients in different industries
  • Evaluations of companies' financial statements
  • Evaluating the income tax calculation of companies audited
  • Managing first-year trainees - including setting deadlines for when work should be completed, and regular communication with the team and audit managers
  • Maintaining a strong relationship between the audit team and client.

Bookkeeper and Driver (Part-Time)

On The Dot
01.2015 - 11.2018
  • Assisted in the preparation of the financial statements for a contractor under On the Dot
  • Calculation of the income tax payable
  • Delivered newspapers
  • Developed efficient routes to reduce fuel costs and save time.

Financial Management and Management Accounting Tutor

University of the Witwatersrand
06.2016 - 10.2017
  • Tutored Financial Management, Management, and Financial Accounting to First and Second-year Students
  • Assisted in exam and test invigilation
  • Marking concept test for Financial Management and Management Accounting.

Education

High School -

Lenasia South Secondary School

Postgraduate Diploma in Accounting -

University of the Witwatersrand
01.2019

Bachelor's in Accounting Science -

University of the Witwatersrand
01.2018

Skills

  • Critical thinking and problem-solving
  • Work well under pressure
  • Conceptual and Analytical
  • Strong communicator (Verbal and Written)
  • Good team player
  • Microsoft Excel
  • Microsoft PowerPoint
  • Microsoft Outlook
  • Microsoft Word
  • Oracle HFM

Academic Highlights

  • Achieved distinctions in four out of the seven subjects: Mathematics (81%), Physical Science (85%), Life Science (87%), Life orientation (82%)
  • Second Position in the Engen Maths and Science Programme in Matric.
  • Dean's List - First and Second year
  • Golden Key Invite - First and Second year
  • Merit Certificate - Economics 1B
  • Merit Certificate - Commercial Law
  • Merit Certificate - Business Enterprise Law

Personal Information

  • Ethnicity: Black
  • Gender: Male

Detailed Employment History

  • MTN CA(SA) TRAINING PROGRAMME, Commercial Pricing - Enterprise Business Unit, Receiving client information from account managers and evaluating if the deals (devices, network packages such as voice, data, SMS) are based on sound business decisions (looking at financial and qualitative information), Calculation of EBITDA and NPV (financial and non-financial metrics) for outright purchases, long-term contracts, bids, and tenders., Creation of financial proposals of RFPs for Tenders and Bids., Assisting account managers in the negotiation process such as providing the client with discounts, and alternative packages that can meet the client's needs and budget., Performed a lucrative pricing deal for Sibyane Stillwater which was later used as a reference for other pricing deals as both MTN and the client were benefiting., Assisted the Senior Account Manager Carol Motaung on a time-constrained deal (a turnaround time of 2 hours), this resulted in us winning the client and Carol requesting my manager Njabulo Maphanga to work with her on other deals.
  • MTN CA(SA) TRAINING PROGRAMME, Accounts Payable - Leases (Telkom and Vodacom), Reconciliation of payments made by suppliers (Telkom and Vodacom) and obtaining information from Excellerate (a third-party lease agent of Telkom) regarding invoices., Uploading information regarding the tower lease contracts on the system including payments from suppliers., Performing write-ups on the internal controls that should be available regarding Lease invoicing and payment process., Performed monthly reconciliation for 3 years (2019-2021) relating to Telkom leases, noted that Telkom required MTN to settle the balance due to them less than what I calculated, this resulted in MTN saving R50 million. Worked with MTN SA lawyers to draft a settlement letter.
  • MTN CA(SA) TRAINING PROGRAMME, Revenue assurance and Fraud Management, Performing walkthrough of internal controls regarding the Network System (MTN SA) and evaluating if there are control deficiencies within the systems., Performing write-ups and summaries of internal control deficiencies., Ensuring that the internal controls of MTN SA are in alignment with the Group's Internal Control Framework.
  • MTN CA(SA) TRAINING PROGRAMME, Group Technical Accounting, Preparation of MTN Group, MTN International (Mauritius), and Mcell Financial Statements for the year ended December 2023., Performing roll forwards to ensure that the AFS preparation is efficient., Evaluation of accounting for non-routine transactions and evaluating the appropriateness of accounting frameworks., Assisted my Manager (Thato Ramokgadi) regarding IFRS 7 Disclosure for Mcell including the preparation of Mcell's financial statement which was not part of my workload.
  • MTN CA(SA) TRAINING PROGRAMME, Group Financial, Planning and Analysis, Preparing Marco-Economic views for the forecasting and budgeting cycles., Preparation and detailed analysis of the Group's Quarterly forecasts and annual target setting for 2024., Detailed monthly analysis of the financial and non-financial results prepared by Opcos (MTN Ivory Coast) within the Group. The analysis is performed to identify errors and anomalies in the information presented by the Opcos to gain an in-depth understanding of revenues, costs, capex, and working capital. Evaluating whether the company is performing per the Group's expectations., Ad hoc analysis of financial and non-financial information as requested by group management and other stakeholders within the MTN group., Received a "Hidden Gem" award during Group Strategy for my performance., Assist the General manager (Yassien Kuvido) with his SEA Conference presentation regarding the performance of the SEA Opcos. Was under a lot of pressure as it was an ad hoc request with time constraints.
  • MTN CA(SA) TRAINING PROGRAMME, Group Corporate Finance: Capital Management, Evaluation of the business case for Capex in terms of the value-based capital allocation framework, ensuring that the investments are sound business decisions., Evaluation of GOC submissions considering both quantitative and qualitative factors of the requests from business units., Performing a valuation (discounted free cash flow) for the Group Software COE unit which was introduced in 2022., Preparation of a financial model to monitor MANCO capex spending in relation to the budgeted figures., Performed a presentation to the Group Executive (Marcin Waligora) regarding the valuation of MTN Software COE which was later submitted and accepted by Exco., Assisted my manager (Mokgadi Ramphele) with a late request for GOC submissions which would be reviewed by Exco, we were under pressure but were able to finish the task with good feedback.
  • MTN CA(SA) TRAINING PROGRAMME, Group Treasury, Calculation of the Group Solvency and Liquidity test under the Companies Act 71 of 2008., Preparation and calculation of MTN Group dividends to be declared for the 2023 financial year-end., Calculation of the MTN International (Mauritius) Solvency and Liquidity test under the Mauritian Companies Act., Preparation of Cash Upstreaming that can be obtained from 5 Opcos., Evaluation of MTN Rwanda's financial performance and solvency and liquidity position (this includes a deep dive into the issues MTN Rwanda is experiencing).
  • MTN CA TOPP Program, Ethics Committee (Senior), Preparation and presenting MTN varsity visits, and monthly meetings., Assisting the MTN finance team with the June Yello Care program., Implementation of the CA(SA) mentorship program.
  • PricewaterhouseCoopers, External Auditor, Performing external audits for clients in different industries., Evaluations of companies' financial statements., Evaluating the income tax calculation of companies audited., Managing first-year trainees - including setting deadlines for when work should be completed, and regular communication with the team and audit managers., Maintaining a strong relationship between the audit team and client., Performed an audit for Efekto Care under Ascendis Health efficiently which resulted in us not exceeding the budget and being able to perform a valuation test for 3 plants instead of 1 under IAS 36 (Impairment testing).
  • On The Dot, Financial Statements Preparation, Assisted in the preparation of the financial statements for a contractor under On the Dot., Calculation of the income tax payable., Delivered newspapers., Developed efficient routes to reduce fuel costs and save time., Performed an Income tax calculation for one of the contractors working under the company which resulted in a tax saving of R48 000., Implemented strategies that assisted in reducing the time spent delivering newspapers (around Johannesburg) and fuel costs.
  • University of the Witwatersrand, Tutor, Tutored Financial Management, Management, and Financial Accounting to First and Second-year Students., Assisted in exam and test invigilation., Marking concept test for Financial Management and Management Accounting., Resulted in second-year students passing at a rate of 91% (class of 23 students)

References

  • Moratuwa Monare, On the Dot, 0835861610
  • Kamogelo Matabane, PwC, 0789203689
  • Catherine Modise, MTN, 0832229061

Timeline

CA(SA) Trainee

MTN SA and MTN Group
02.2022 - Current

Audit Trainee

PricewaterhouseCoopers (PwC)
02.2019 - 04.2021

Financial Management and Management Accounting Tutor

University of the Witwatersrand
06.2016 - 10.2017

Bookkeeper and Driver (Part-Time)

On The Dot
01.2015 - 11.2018

High School -

Lenasia South Secondary School

Postgraduate Diploma in Accounting -

University of the Witwatersrand

Bachelor's in Accounting Science -

University of the Witwatersrand
Thabo Tshabalala