Summary
Overview
Work History
Education
Skills
Personal Information
Training
Certification
Timeline
Generic
Thembisile Ellen Hlatshwayo

Thembisile Ellen Hlatshwayo

Financial Accountant
Durban

Summary

I have been through knowledge of Finance in the Manufacturing, Retail, Automotive Industry & Accounting Firm. I’m a SAIPA Accredited Accountant who is proficient in delivering timely, high quality deliverables in a pressured environment with multiple reporting lines in a complex legal structure. I am highly in the job market and available 30 days net.

Diligent Accountant with strong background in financial accounting. Proven track record of managing complex financial statements and ensuring compliance with regulatory standards. Demonstrated ability to perform detailed financial analysis and provide actionable insights for business growth.

Overview

19
19
years of professional experience
2029
2029
years of post-secondary education
1
1
Certification

Work History

Financial Accountant

Adventure Automotive (Pty) Ltd
05.2023 - Current
  • Prepare weekly forecasts and submitting to FM
  • Preparation of Month End journals
  • Preparation of Balance Sheet Reconciliations and reporting plant performance
  • VAT Reconciliation
  • Manage weekly bank transfers, creditors and payroll payments and Bank Reconciliations
  • Analyze variances between budgets, forecasts, and actuals for month end reporting
  • Responsible for Debtors and creditors departments
  • Reviewing Accounts Payable reconciliations (GRV process is followed when invoices are captured and payments made accordingly)
  • Assist purchasing department with BBBEE Audits
  • Preparation of Audit Pack & Tax Pack
  • Provisional Tax Calculations
  • Assisting in drawing up the budgets
  • Reviewing weekly payroll (Ensuring Accuracy) and ensuring the company’s internal controls are met.

Financial Accountant

Feltex Automotive (Pty) Ltd
06.2019 - 04.2023
  • Review of Cashbooks and forecasts for the Business Units
  • Preparation of weekly Forecast and risk analysis and presenting it to the Group
  • Reviewing, designing, documenting and implementing systems of internal control
  • Preparation of Month End journals and review of system generated reports
  • Preparation of balance sheet recons and review of Creditors monthly Recons.
  • Compilation of Monthly Management accounts and Monthly Management pack
  • Preparation of audit packs for external auditors and internal audit purposes
  • Preparation of Annual Financial Statements
  • Preparation of annual budgets and presenting it to the Group Reporting department
  • Preparation of tax computations and review of tax returns
  • Review and submission of statutory returns (VAT,PAYE,SDL,UIF & WCA)
  • Reviewing Assets in Progress Accounts (CAPEX) and Capitalization into Fixed Assets
  • Assisting Plant Finance Controllers in booking FEC’s with the banks for the payments of Foreign creditors
  • Review of creditors aged analysis and GRV’s and providing an action plan on long non-cleared entries
  • Releasing of weekly bank transfers (creditors and wages)
  • Preparation of Group payroll to GL Reconciliations
  • Analysis of variance between budget, forecast and actuals
  • Design, document and implementation of internal controls
  • Preparation, consolidation and submission of month-end results to the group.

Group Accountant

Astrapak Manufacturing Holdings (Pty) Ltd
05.2018 - 05.2019
  • Preparation of Consolidated Balance Sheet Recons to submit to Financial Manager
  • Preparation of Audit packs at year end and Financial Statements
  • Month end processing of expenses and recons
  • Tax computations and submission of VAT, PAYE and Income Tax Returns
  • Management of petty cash and monthly recons
  • Ensuring that the department comply with Internal controls
  • Cash forecast reporting for daily foreign and local supplier’s payments
  • Processing of intercompany entries and reconciling against General ledger
  • Reviewing of cash book Recons and bank processing
  • Ensuring compliance with group and statutory requirements for sound financial management
  • Performing day end, month end and year-end on SYSPRO system
  • Reviewing Assets in Progress Accounts (CAPEX) and Capitalization into Fixed Assets
  • Month end roll overs and ensuring that all journals are captured correctly and all other modules, Accounts payables, Accounts Receivables and Fixed Assets agree with the ledger.
  • Maintaining Fixed Asset Registers and report on any discrepancies.
  • Depreciation Calculations, residual and asset’s useful lives and Recons
  • Monthly reporting of financial results on COGNOS for the holding company
  • Assisting sites with stock counts audits
  • Preparation of consolidation reports for monthly expenses and variance analysis

Accountant (Foreign & Local Payables)

Bata South Africa (Pty) Ltd
08.2014 - 04.2018
  • Stock takes and monthly stock reconciliations
  • Securing and recording forward cover contracts for the foreign payments.
  • Reconciling stock received from foreign suppliers through Journals and supplier invoice capturing
  • Calculation of landed-cost for each shipment.
  • Compile and produce accurate management reports (Cost Control report, recoveries report, weekly & monthly purchases, Gross profit & margin reports)
  • Investigate abnormalities on budget variances and rectify with corrective measures for different cost centres
  • Preparation of Audit packs at year end
  • Tax computations and submission of VAT, PAYE and Income Tax Returns
  • Cash and forecasting reporting for daily foreign and local suppliers payments
  • Responsible for the foreign petty cash and Monthly reconciliation
  • Responsible for exports and Letters of credits for foreign customers
  • Reporting of Accounts Payables & receivables to the head office monthly on the in-house system ADONIS
  • Preparation of balance sheet reconciliations
  • Inter-company accounts - ensuring that the Bata group’s subsidiary accounts verification is done correctly and reconcile

Internal Auditing Clerk / Junior Accountant

Glodina (Pty) Ltd
03.2009 - 08.2009
  • Company Overview: Manufacturing of Glodina Label Towels & Linen
  • Implementation of internal controls in the department
  • Adherence to the key requirements for auditors
  • Implementation of recommendations made by the auditors during the year-end audit
  • Ensuring the implementation of RISK, fraud and Error policy
  • Maintenance of Cash Book accounts
  • Capturing of creditors invoices, running payments and preparation of creditors reconciliations
  • Auditing finance department procedures, ensuring that they are met
  • Capturing of cash book entries into an accounting programme TETRA
  • Processing of creditors invoices
  • Manufacturing of Glodina Label Towels & Linen

Trainee Accountant (Supervisor: Tax And VAT department)

W.J. Mitchell & Associates (Pty) Ltd
11.2006 - 02.2009
  • Company Overview: South African Institute of Professional Accountants – SAIPA
  • Capturing of bank statements data
  • Completion of VAT returns, SDL, UIF, Company Tax for both individuals and companies
  • Preparation of Financial statements for companies and Sole Traders
  • Preparation of financial schedules
  • Ensuring proper conduction of administration duties by junior article clerks
  • Liaising with Receiver of Revenue regarding statutory returns and procedures
  • Responsible for the company’s research programmes for new tax acts and implementation of them
  • Supervision of the Tax and VAT departments
  • In charge for the VAT audits with SARS Personnel
  • South African Institute of Professional Accountants – SAIPA

Education

Advanced Diploma - Accounting Sciences (Financial Accounting) – Bridging to CTA

Milpark Incorporated – CA Connect

Bachelor of Technology - Taxation

Durban University of Technology
01.2006 - 01.2007

National Diploma - Accounting

Durban University of Technology
01.2003 - 01.2005

Professional Accountant (SA) -

Skills

SYSPRO

Personal Information

  • ID Number: 830325 0431 08 7
  • Driving License: Code 10, with own transport

Training

GUARANTEE TRUST (PTY) LTD, Work Readiness Programme, 5 months, 2006

Certification

SAIPA - South African Institute of Professional Accountants

Timeline

Financial Accountant

Adventure Automotive (Pty) Ltd
05.2023 - Current

Financial Accountant

Feltex Automotive (Pty) Ltd
06.2019 - 04.2023

SAIPA - South African Institute of Professional Accountants

01-2019

Group Accountant

Astrapak Manufacturing Holdings (Pty) Ltd
05.2018 - 05.2019

Accountant (Foreign & Local Payables)

Bata South Africa (Pty) Ltd
08.2014 - 04.2018

Internal Auditing Clerk / Junior Accountant

Glodina (Pty) Ltd
03.2009 - 08.2009

Trainee Accountant (Supervisor: Tax And VAT department)

W.J. Mitchell & Associates (Pty) Ltd
11.2006 - 02.2009

Bachelor of Technology - Taxation

Durban University of Technology
01.2006 - 01.2007

National Diploma - Accounting

Durban University of Technology
01.2003 - 01.2005

Advanced Diploma - Accounting Sciences (Financial Accounting) – Bridging to CTA

Milpark Incorporated – CA Connect

Professional Accountant (SA) -

Similar Profiles

CREATE PROFILE
Thembisile Ellen HlatshwayoFinancial Accountant