Velly Sibusiso Ndimande
Associate General Accountant (SA)
No 8844 Emfuleni Street, Matsulu
Summary
I have more than ten years of experience in accounting and Internal auditing, Finance officer including the completion of my articleship at PwC, I have built a strong foundation in financial management and Auditing. Throughout my career, I have held pivotal roles such as payroll management and other core financial operations, Currently, I serve as a Transformation Officer at MER where I manage diverse and complex responsibilities, playing an active role in advancing development projects.
I am driven by a commitment to making a meaningful impact in the commercial sector by applying my financial expertise to help organizations enhance efficiency and performance. Known for being energetic, reliable, and solutions-oriented, I bring strong problem-solving capabilities and excellent communication skills. I have a solid understanding of legislation and regulatory framework that govern the MER, report writing, and corporate governance, coupled with strong proficiency in data management and analysis. I am dedicated to using these skills to support organizational growth and drive continuous improvement.
Overview
20
20
years of professional experience
2001
2001
years of post-secondary education
Work History
Transformation Officer/ Research and Planning Officer
Mpumalanga Economic Regulator
10.2018 - Current
- Assist the executive manager in development and compilation of an industry analysis report that informs the entity of the industry developments.
- Assist the executive manager to formulate and draft of the Terms of Reference on any Research study to be conducted.
- Assist the executive manager in facilitation of research and analysis on public policy of the gambling and liquor sector, performance and management of Industry research done by entity.
- Facilitate the presentation of the research results and recommendations to relevant committees of the entity.
- Assist and support the executive manager on collection and analysis of information on all forms of gambling and liquor industry.
- Compile reports for submission to the management committee.
- Ensure cooperation with other departments relating to information gathering and other key correspondence.
- Assist the executive manager in coordination and liaison with internal and external stakeholders.
Auditor
Mpumalanga Economic Regulator
09.2012 - 10.2018
- Develop overall audit strategy and formulate an audit plan of the licensees audits.
- Perform planning and the execution of audit procedures.
- Perform completion and reporting of the audit.
- Perform monthly verification for the levies paid to the Board by the licensees.
- Facilitate the annual review of our audit manual and plans.
- Evaluates and provide reasonable assurance that the licensees controls are functioning as intended.
- Ensure all the Gambling related legislations applicable to the licensees are complied.
- Report non-compliance issues and internal control deficiencies identified to the licensees management and to the Board management and compliance committee.
- Maintains open communication with audit manager and management committee.
Finance Officer
National Institute for Higher Education (NIHE Mpumalanga)
01.2012 - 08.2012
- Prepare and process monthly payments to suppliers accurately and timeously.
- Capturing of all transactions on regular basis.
- Ensure that records of financial transactions are kept and filed properly.
- Performed asset verification, count and report on quarterly basis.
- Maintenance of asset register and prepare fixed asset reconciliation on monthly basis.
- Prepare monthly creditor’s and payroll reconciliations.
- Ensure all statutory measures applicable to the institute are complied.
- Print bank statement on daily basis for account reconciliation.
- Provide advice and information to the finance manager.
- Monitor the budget of the Institute to ensure that we prevent over spending.
Trainee Accountant (Article Clerk)
PricewaterhouseCoopers (PWC – Nelspruit Office)
01.2008 - 12.2011
- Planning, execution, monitoring and finalising external audit work (Public and Private Sector Audit).
- Coaching of junior staff.
- Preparation of the annual financial statements according to SA GAAP, IFRS; IFRS for SME and GRAP.
- Preparation of consolidated annual financial statements in accordance with GRAP and IFRS.
- Performing variance analysis on a set of accounting reports.
- Provide and explain journal entries.
- Inventory management and the analysis of obsolete and expired stock risk and the identification of actions to reduce risks.
- Provide value added - advice on the effectiveness and efficiency of the internal control systems and financial management.
- Provide value added – advice on matters related to the income tax act.
- Obtained extensive experience whilst on training on Public and Private sector clients including government agents.
- Review of management accounts, accounts receivables cycle, accounts payables/payroll/bank, inventory, cash and fixed assets and knowledge of the control system governing the above mentioned cycles.
- Internal control review of account receivables/revenue cycle, accounts payables/payroll/bank, inventory and cash/fixed assets.
- Compliance review pertaining to but not limited to Public Finance Management Act (PFMA), Income Tax Act, Companies Act, Municipal Finance Management Act (MFMA), Division Of Revenue Act(DORA), etc.
- Determining the engagement procedures to be used.
- Performing accounts reconciliations.
- Performance of the engagement in accordance with the approved engagement work program.
- Ensuring that the direction of work done is within approved budget, engagement work program and that staff copes with allocated work.
- Make oral or written presentations to management during and at the conclusion of the engagement, discuss observations and recommending corrective action to improve operations.
- Preparation and presentation of formal written communications.
- People management.
Business Banking Analyst (Small Medium Enterprise)
The Standard Bank of South Africa - Malelane Branch
09.2005 - 01.2008
- Reporting to the Manager (Medium Business Banking).
- Preparing Overdraft and Loan Applications for Business Clients.
- Analysing The Clients’ Financial Statements in Order to Determine if they are Credit Worthy.
- Opening New Business Accounts.
- Renewal of Client’s Credit Facilities.
- Monitoring Client’s Credit Performance- Follow up on Clients that Exceed their Credit Limits.
- Communication with the Credit Department (Head Office) Regarding Clients that Exceed their Limits.
- Advise customers regarding product selection.
- Play an active selling role to new and existing customers.
- Reactively manage a portfolio of accounts.
- Skills obtained: Ability to meet deadlines on time, Ability to work well with others, Ability to work long hours and travel extensively, Ability to work in a team/on my own and under pressure, The ability to get on well with a wide range of people, Ability to do presentations.
Education
Senior Certificate -
Inkomazi High School
B.Com Accounting - undefined
University Of Zululand
Postgraduate Diploma - Accounting Sciences
University of South Africa (UNISA)
Postgraduate Diploma - Integrated Reporting
University of Pretoria
Skills
Ability to meet deadlines on time, work long hours ,work well with others and Team collaboration
Ability to work in a team/on my own and under pressure
The ability to learn and adapt to changing environments, Conflict resolution skills and problem-solving abilities
Good communications, writing and organizing skills
The potential to lead and win the respect of others
Ability to do presentations,Report writing, Report preparation and documentation
Work coordination, Strategic planning, Information verification
Evidence analysis, Balance sheets, Audit coordination
Audit reporting, Internal controls, Financial records review, Risk mitigation strategies, Root-cause analysis and Decision-making
Time management, Attention to detail, Account reconciliation
Data analytics, Regulatory compliance, Financial administration, Financial statements, Bank reconciliation, General ledger accounting, Cash flow management etc
Certificates And Designations
- Computer Application, Ms Word, Excel, PowerPoint, 2002
- Academic: Third Position In The Grade 12 Top Ten on Malelane District
- SAICA Articles with PWC
- Pastel Accounting & Payroll
- Professional Internal Auditor (PIA 523)
- Associate General Accountant (SA) (AGA: 20013135)
Personal Information
- ID Number: 8405105803087
- Date of Birth: 05/10/84
Affiliations
- Member of the South African Institute of Charted Accountant (SACA: 20013135)
- Member of the Institute of Internal Audit (IIA :94899)
Timeline
Transformation Officer/ Research and Planning Officer
Mpumalanga Economic Regulator
10.2018 - Current
Auditor
Mpumalanga Economic Regulator
09.2012 - 10.2018
Finance Officer
National Institute for Higher Education (NIHE Mpumalanga)
01.2012 - 08.2012
Trainee Accountant (Article Clerk)
PricewaterhouseCoopers (PWC – Nelspruit Office)
01.2008 - 12.2011
Business Banking Analyst (Small Medium Enterprise)
The Standard Bank of South Africa - Malelane Branch
09.2005 - 01.2008
B.Com Accounting - undefined
University Of Zululand
Postgraduate Diploma - Accounting Sciences
University of South Africa (UNISA)
Postgraduate Diploma - Integrated Reporting
University of Pretoria
Senior Certificate -
Inkomazi High School
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