Wesley Thompson

• Conducting bank reconciliations and maintaining general ledger accounts for SMMEs
• Preparing Annual Financial Statements and maintaining monthly management accounts for individual entities
• Compute and prepare tax returns for clients - business & personal for all tax types
• Manage data capturing department
• Learned and applied accounting principles and software (Sage 50c, Xero, Zoho, Draftworx)
• Dealing with SARS Tax Audits on behalf of clients

Key Achievement:

• Created an efficient and effective data capturing process which results in the company saving thousands of rands on a monthly basis due to reduced printing costs and providing a quick turnaround to clients.
• Developed comprehensive vat strategies for clients, ensuring compliance with SARS while minimizing tax liabilities.

• Prepared monthly financial reports, analyzing variances between budgeted and actual costs to inform decision-making processes.
• Compiling daily production report for management
• Reporting on Millers Value Drivers to budget
• Identifying production inefficiencies and providing recommendations to rectify
• Monthly reporting of value gained/destroyed to budget
• Updating daily production figure on the system
• Submitting monthly SAGIS report
• Compiling Monthly Commodity Pricing Report
• Managing Raw Material Quality (Moisture and HLM) and Transfers into the Silos and the Mill
• Ordering of Mill consumables, vitamins, packaging material
• Issuing of Vitamins to Millers and compiling of Vitamin addition recon
• Ensuring sufficient raw material stock is available on site
• Partake in monthly stock take proceedings
• Food Safety Team member
• Conduct Mill products mock recall
• Participate in daily Product Review and testing proceedings

Key Achievement:

• Implemented packaging material inventory management system that reduced excess packaging inventory levels and minimized stockouts, optimizing working capital utilisation.

• Started bakery business from scratch making investment into baking equipment
• Baked delicious pastry products and sold at a spot in Noord Taxi Rank
• Enhanced financial stability by meticulously managing cash flow, introducing accurate product costing, and establishing competitive pricing; ensured business survival and increased revenue by 60% over six months.
• Provided superior customer service and retained repeat sales

Key Achievement:

• Organically grew the business from baking on a 2-plate stove oven to an industrial 2 tray convection oven and a 4-plate stove oven in 6 months of operations.

• Analysed Key Performance Indicators for the Retail Business Bank business unit
• Assisted in preparing financial forecasts, annual budgets, and variance analysis to support decision-making and strategic planning
• Consolidated monthly reports of Key Value Drivers for Retail Business Bank unit
• Consolidated monthly management reports from across the business for the group CFO

Key Achievement:

• Conducted an Input Vat Claim for the Tax Department Recouping R8 Million from SARS
• Graduated from the Pan African Development Programme