Thokozani Mtshali
Summary
My name is Thokozani Mtshali. Born July 1985. After matriculating in 2004, went and pursued my post matric education at the University of Free State. (13) years of my work with local government, has equipped my professional career with experience, knowledge, understanding and situational application to complete tasks that form part of my job KPA’s. Amongst my capabilities, is to use my educational background and critical thinking to deliver desired results to perform optimally. As part of accumulating back-end exposure to my career, I was employed as a Financial Manager to implement revenue management and enhancement of the client. This was achieved by ensuring the accuracy and the completeness of all billable services in the municipality. As part of the BTO, I have achieved several credentials (Conditional grants, Creditors and Compliance – reporting). Supported a local municipality with accounting services. Coached and mentored interns and achieved to initiate for all FBDM finance interns doing MFMP to get registered with SAIPA, through collaboration efforts with my manager.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Financial Manager
EQ Group
08.2024 - 01.2026
- Revenue management and enhancement solutions for local municipalities.
- Responsible for: Provide accurate and complete bill for all municipal billable services Factor in all adopted council and NERSA tariffs on all customer accounts Verify financial information by comparison – valuation roll vs financial system records Prepaid electricity smart metering TID implementation and KRN2 migration.
- Achieved: Hosted vending platform to conduct sales of prepaid electricity. Accurate daily report of sales. Updated meters for KRN2. Increased/Improved revenue collection. Correct account information Correct billing on post-paid customers. Correct billing on LPU’s. Solving clients query in real time.
Intern – Municipal Financial Management Programme
Dikgatlong Local Municipality
11.2010
- I was placed on a 24-month rotational – at work training with Dikgatlong Local Municipality. This internship Programme is a result of National treasury Grant fund municipalities to employ graduates as a reform to strengthen and attract graduates to local government administration.
Budget and Treasury Office - Senior Accountant (Budget and support services)
Frances Baard District Municipality
08.2015 - 07.2024
- My responsibility amongst others was to ensure that all municipal controlled accounts and monthly reconciliations were done to adhere to internal controls management. These reconciliations included creditors control account –age analysis, prepaid payments (SALGA fees and all Insurance obligations), project retention, un-allocations and all conditional grants capital expenditure and revenue recognition.
- As a transferring official of all the grants, I achieved a 98% spent average with no funds returned back to Division of Revenue since 2019 – 2023. Ensured that all grants are accounted for and used per conditions attached and in line with agreed and approved business plans.
- Achieved to process ledger journals, maintained credible general ledger and proper record keeping in line with GRAP to ensure that the MFMA as a legal framework is upheld to produce correct financial information and can be reported on in line with IFRS.
- In January 2022 FBDM acquired a new financial system and I ensured all the financial records assigned to me were migrated successfully.
- I was assigned with a task of assisting local municipalities – Magareng Municipality with the reconciliation of their ledger. Achieve to allocate and corrected the transactions which were wrongly allocated on their general ledger.
Budget and Risk Clerk
Dikgatlong Local Municipality
01.2013 - 01.2015
- Responsible for the compilation of budget. Sourcing out of budget inputs. Monthly budget statements. Section 71 reports – to treasury. Management of expenditure and income reports to council.
- Management of Dikgatlong Municipality’s enterprise risk. Risk management register. Updating of risk management register. Implementation of risk management council resolutions.
- A fully functional risk management office was established with Mr. Thokozani Mtshali as a responsible official for all the issues relating to risk management.
Education
Masters candidate - Business Rescue and Insolvency, New Venture creation, Finance and Investment management
University of Pretoria/ University of Witwatersrand
01.2025
Entrepreneurship and Innovation
University of Free State
01.2022
Post Graduate Diploma - Business Management
University of Free State
01.2022
Minimum competency requirement training Met
Local government – LGSETA
01.2014
Research Methodology
Unisa
01.2012
Bachelors - Economics
University of Free State
01.2009
Matric - undefined
Sizakhele Public School
01.2004
Skills
- MFMA (interpretation and application)
- Treasury regulations
- GRAP
- PMFA
- KING IV
- Governance and Compliance
- Research (Academic writing)
- Strong analytical aptitude
- Risk assessment skills
- Innovation management skills
- Leadership skills
Certification
Code (B) - B
Timeline
Financial Manager
EQ Group
08.2024 - 01.2026
Budget and Treasury Office - Senior Accountant (Budget and support services)
Frances Baard District Municipality
08.2015 - 07.2024
Budget and Risk Clerk
Dikgatlong Local Municipality
01.2013 - 01.2015
Intern – Municipal Financial Management Programme
Dikgatlong Local Municipality
11.2010
Entrepreneurship and Innovation
University of Free State
Post Graduate Diploma - Business Management
University of Free State
Minimum competency requirement training Met
Local government – LGSETA
Research Methodology
Unisa
Bachelors - Economics
University of Free State
Matric - undefined
Sizakhele Public School
Masters candidate - Business Rescue and Insolvency, New Venture creation, Finance and Investment management
University of Pretoria/ University of Witwatersrand
References
Jan, Van Zyl, Chief Accountant retired, 053 838 0911, 079 884 4808, FBDM
Hobbies and Interests
Runner (I have completed several half marathons), Casual Soccer player, Reading books and travelling
ACCOUNTING, FINANCIAL AND INFORMATION TECHNOLOGY INTERGRATED SYSTEMS (I HAVE WORKRD ON) ERP'S
- Sebata Municipal Solutions – computer software solution
- BCX – eVenus ERP computer software solutions
- CCG Systems ERP – Sage and Municipal Planning and Budgeting
- SAGE Business 100 Accounting Solution