Nontuthuko Nana Mchunu
Sandton
Overview
7
7
years of professional experience
Work History
Financial Accountant
Yellowwood Future Architects (Pty) Ltd
12.2022 - 12.2025
- Prepare monthly management accounts with performance analysis
- Report on monthly P&L, Balance Sheet and Financial analysis
- Maintain the general ledger and oversee month-end and year-end closing processes
- Conduct regular reconciliations of general ledger accounts to ensure accurate reporting and balance integrity.
- Prepare year-end financial closing processes, ensuring all accounts are accurately reconciled and ready for external review.
- Collaborate with internal and external auditors, preparing necessary documentation and addressing audit queries promptly and accurately.
- Oversee projects' financial aspects, including setting project budgets, tracking of costs, and cost allocation.
- Conduct variance analysis on expense costs Partner with project managers to monitor project performance and provide insights on financial management for successful project delivery.
- Manage tax compliance, including VAT, income tax, PAYE, and other statutory filings, ensuring timely and accurate submissions.
- Serve as the point of contact for internal and external auditors, facilitating the audit process.
- Prepare required documentation and respond to audit queries related to financial reporting, compliance, and project accounting.
- Assist in implementing recommendations from audit findings to strengthen financial controls and reporting practices.
- Assist in preparing and compiling annual budgets, forecasts, and cash flow projections, supporting the financial objectives.
- Analyse variances between actual and budgeted figures, preparing comprehensive variance analysis reports.
- Provide insights to management on budgeting adjustments and financial planning to support effective resource allocations.
- Adding new employee on the system and all necessary information on employee Masterfile (Rates, Hours, Gross salary, Tax, Accrued leave days)
- Issuing IRP5/IRP6
- Ensuring to meet submission deadlines EMP501/EMP201
- Develop relationships with suppliers and notify management of issues and resolve quickly.
- Reviewing and ensuring all payment for project based are as per purchase order issued.
- Ensure that supplier credit terms are adhered to and that queries are resolved quickly.
- Ensure all supplier recons are reconciling, and all necessary credit notes are processed correctly.
- Ensure accuracy on processed cashbooks and ensure that they are updated weekly (Friday or earlier) and is in line with bank statements transactions.
- To ensure follow up on all regular monthly payments not processed through creditors to timeous capture each month.
- Review and sign off electronic fund transfers as and when required i.e., immediately, mid-month or month end.
- Ensure all payments are appropriately approved and released by appropriate payment releasor.
- Ensure to review all petty cash amounts issued are similarly authorized.
- Preparing forex payments, from trading with standard bank and recognising FEC contracts.
- Assigning assets to new employee
- Monitoring usage of assets
- Tagging assets, verifying asset number, serial number physical and systematic the allocation, disposal, and addition of Fixed Assets
- Monthly generation of depreciation
- Reconciliation of the fixed asset clearing account
- Reconciliation of the fixed asset registers to the general ledger.
Financial Accountant
KwaZulu-Natal Film Commission
07.2018 - 11.2022
- Assists the Senior Accountant with budget, variances analysis, forecasting records, and statements.
- Allocating budget to relevant film project, creating monthly report for project management.
- Liaising with project managers about monthly budget, invoices received.
- Preparing monthly, quarterly, and yearly budget and expenditure report to National Treasury.
- Complete monthly lead schedules for accruals, deviations, prepayments and virements.
- Reconcile and update monthly deviations as per deviation memo in compliance with PFMA acts.
- Liaising with decision markers for the annual operating and capital budgeting.
- Reporting on monthly cost centre during budget commit meetings.
- Coordinating the budget and expenditure to report to the National treasury.
- Collecting all the reasons for monthly variance, and reviewing approved virements.
- Capture all stamped invoices received from suppliers on system.
- Prepare and reconcile monthly debtors and creditors, ensure accuracy on payments supporting documents such as quotation documents and purchase order, ensure payment.
- Ensure accuracy and post invoices captured, manage petty cashbook balance.
- Assists in resolving errors in financial reports and correcting faulty reporting methods.
- Assists on completing financial reports on regular basis and providing information to the finance team, sort out monthly deviation report on excels.
- Prepare monthly supplier control accounts.
- Maintain and reconcile physical stock with systematically records on stock.
- Public Entity
Education
BTech - Cost and Management Accounting
Mangosuthu University of Technology
01-2017
National Diploma - Accounting
Mangosuthu University of Technology
01-2016
Senior Certificate -
Mphathesitha Js School
01-2012
Skills
- GRAP
- GAAP
- IFRS
- PFMA acts
- Internal control framework
- Shared services
- Basic Accounting
- Budgeting and Financial Management
- Auditing and evaluating techniques
- Preparation of Financial Statements
- National treasury regulations
- Good communication and interpersonal skills
- Excellent report writing
- Problem solving
- Negotiation
- Investigation
- Leading and managing Finance Assistance
- Sage Evolution
- Nav
- Pastel Accounting
- Sage Intacct
- Xero package
- Draftworx
- Hyperion Financial Management
- Oracle
- Proficient in Microsoft Office suites
- Driving skill
Professional Strengths And Qualities
- Ability to work under pressure
- Ethical and objective
- Self-driven hard worker
- Team player
- Fast logical learner
Personal Information
- Available: Immediately
- ID Number: 9409070899087
- Ethnicity: Black African
- Gender: Female
- Nationality: South African
- Driving License: Code: 10
- Availability: Immediately
- ID Number: 9409070899087
Timeline
Financial Accountant
Yellowwood Future Architects (Pty) Ltd
12.2022 - 12.2025
Financial Accountant
KwaZulu-Natal Film Commission
07.2018 - 11.2022
BTech - Cost and Management Accounting
Mangosuthu University of Technology
National Diploma - Accounting
Mangosuthu University of Technology
Senior Certificate -
Mphathesitha Js School