Tshepiso Mabalane
Financial Accountant
Roodepoort
Summary
Proven Financial Accountant with a track record of optimizing cash flow and enhancing financial processes at Liberty Group. Excelled in managing accounts, financial reporting, and leveraging Microsoft Excel to streamline operations. Demonstrated leadership in improving audit outcomes and fostering team productivity. Skilled in both accounting practices and effective communication, consistently achieving improved financial performance.
Overview
14
14
years of professional experience
Work History
Financial Accountant
Liberty Group
07.2019 - Current
- Annual Financial Statement and Year end financial packs preparations
- Customers service and overall business support on Claims, Premiums and Reinsurance calculations and submissions.
- Enhanced customer satisfaction by uncovering and correcting outstanding financial problems and account errors.
- Projects - providing solutions and testing on the IFRS17 projects and Journals automations
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Managed tax compliance tasks, filing accurate returns on time to avoid penalties or interest charges.
- Reduced month-end closing time by optimizing the reconciliation process, compiling trial balance in time for flash reporting
- Review Balance sheet recons and weekly payments
- Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
- Reporting - compiled reports monthly for Group reporting
- Leveraged advanced Excel skills to automate routine tasks, freeing up time for more value-added activities such as variance analysis and strategic planning support.
- Mentored junior staff members in accounting best practices, fostering talent development within the department.
Finance Team Leader
Liberty Group Ltd
07.2015 - 06.2019
- Maintained accurate records of all transactions for audit purposes while adhering to strict confidentiality standards.
- Expenses monitoring, ensuring that expenses are aligned to Budget
- Projects - assisted with the migration of premiums and claims administration systems FSCD.
- Increased team productivity with clear communication, goal-setting, and regular performance evaluations.
- Prepared company tax returns and calculations, i.e. VAT, ITR14 and IRP6
- Led the finance team through successful internal audits, resulting in clean reports and improved controls.
- Improved cash flow management by closely tracking receivables and payables, optimizing working capital levels.
- Developed and maintained database of financial records
- Overall ledger accounting and reporting, Intercompany payments and reconciliations.
Finance Officer
ABSA Group
09.2012 - 05.2015
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Analyzed ledger account against forecasts to prepare variance analysis.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
Bank Reconciliation Officer
ABSA Group
10.2010 - 08.2012
- Streamlined reconciliation procedures by identifying inefficiencies and implementing process improvements.
- Achieved higher accuracy in bank reconciliations through meticulous attention to detail and thorough review processes.
- Leveraged financial analysis skills to identify patterns or anomalies in account balances, proactively addressing potential issues before they escalate.
- Increased efficiency in handling high transaction volumes by utilizing advanced spreadsheet functions and automation tools.
- Assisted auditors during annual reviews by providing accurate documentation and addressing their inquiries promptly.
- Handled day-to-day accounting processes to drive financial accuracy.
- Matched purchase orders with invoices and recorded necessary information.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Input financial data and produced reports using SAP system
Education
Bachelor of Commerce - Financial Accounting
Northwest University
Potchefstroom, South Africa 04.2001 -
Matric -
H.F. Tlou High School
RustenburgSkills
Annual Financial Statements
Timeline
Financial Accountant
Liberty Group
07.2019 - Current
Finance Team Leader
Liberty Group Ltd
07.2015 - 06.2019
Finance Officer
ABSA Group
09.2012 - 05.2015
Bank Reconciliation Officer
ABSA Group
10.2010 - 08.2012
Bachelor of Commerce - Financial Accounting
Northwest University
04.2001 -
Matric -
H.F. Tlou High School
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