Accountant and Auditor
Resume:
CURRICULUM VITAE OF MR. SIBABALO MAPOLISA
Physical Address
Mdantsane
East London
Gender
Male
ID No
890-***-**** 086
Driver’s License
Code 8
Contact Numbers
Email Address
***********@*****.***
PROFILE
Sibabalo Mapolisa is a B Com Accounting graduate with SAICA articles. He is an accountant, auditor and financial administrator by profession with 8 years’ worth of experience combined. He is technical, has a good work ethic and is a high performer. He is currently looking to join an organization that strives for excellence where he can achieve professional growth and development and in turn add value to that organization through performing his roles and responsibilities with excellence, demonstrate technical ability, provide solutions, learn and make significant contribution to the organization.
EDUCATION
Qualification
B Com Accounting
Institution
University of Fort Hare
Year Obtained
2012
Province
Eastern Cape
COMPUTER LITERACY
●Pastel
●ITS accounting system
●MS word,PowerPoint and Excel
SKILLS
●PFMA and MFMA Auditing Skills
●Financial Accounting Skills
●Financial Management Skills
●Technical ability
●Attention to detail
●Administration skills
DETAILS OF ROLES AND RESPONSIBILITIES
Employer
Auditor General of South Africa
Designation
Trainee Auditor
Period
March 2012 – December 2015
Conducted Public Finance Management Act (PFMA) audits and Municipal Finance Management Act (MFMA) audits and performed amongst others the following roles;
●Audited government entities, government departments, municipalities and municipal entities.
●Review financial statements at a high level to determine if they were prepared in accordance with the requirements of GRAP Standards, PFMA and MFMA requirements.
●Prepare lead schedules for all line items in the financial statements to determine if all amounts disclosed in the financial statements agree to balances per the Trial Balance and General Ledger.
●Trace balances per Trial Balance and General Ledger to the financial statements to determine if all those balances were disclosed in the financial statements(Completeness)
●Select samples from each population above materiality in the General Ledger to determine if amounts in the population have valid supporting documents, are accurate and complete.
●Test PFMA and MFMA compliance procedures to determine if there were any material non- compliance with PFMA and MFMA.
●Select samples from the tender and quotations registers to determine if processes per the Supply Chain Management (SCM) policy and requirements per PFMA and MFMA were adhere to in awarding tenders and quotations.
●Review of budget for actual vs. budget to determine if there’s any unauthorized expenditure and report material non-compliance in terms of PFMA and MFMA.
●Review fixed asset register and determine if balances per the fixed asset register agree to balances disclosed in the financial statements and report on any material differences. Select items on the asset register and inspect supporting document to confirm if they are correctly accounted for, also inspect the actual assets on the sample to confirm existence. Determine if land and building have been revalued in accordance with the accounting policy. Trace assets on the floor to the fixed asset register to determine completeness of the fixed asset register.
●Audit predetermined objectives to determine if service delivery targets per Integrated Development Plan (IDP) were achieved and report on any material under achievements.
●Preparation of management and auditor’s report for submission to management.
DETAILS OF ROLES AND RESPONSIBILITIES
Employer
South West Gauteng College
Designation
Finance Manager
Period
May 2017-October 2017
●Perform overall accounting support functions for finance department and report to the Chief Financial Officer.
●Process accounting transactions/events on the General ledger using source documents, file supporting documents for record keeping purposes and submit information upon request by auditors and management
●Prepare monthly reconciliations for creditors, bank, debtors and assets, identify reconciling items and adjust for them accordingly and file supporting documents for adjustments.
●Prepare Trial Balance from the General Ledger balances and preparation of Annual Financial Statements together with lead schedules.
●Review fixed asset register to ensure all necessary information is disclosed and amounts for cost, depreciation, accumulated depreciation and carrying value are accurate.
●Prepare request for payment of suppliers and attach to the invoice the purchase order and requisition as supporting documents. Ensure that all invoices due within 30 days are paid on time to avoid interest on late payments by making use of creditors’ age analysis.
●Prepare budget for all businesses expenses and income of the business and implement budget controls on a month to month basis by preparing budget vs actual to avoid unauthorized expenditures and over budgeting of income.
●Oversee procurement processes to ensure that procurement of goods and services is done in accordance with Supply Chain Management Policy and applicable acts and regulations to avoid irregular expenditure and in the process ensuring that goods are procured economically.
●Review work of internal auditors which include audit plan, internal audit reports and address queries raised by internal auditors and liaise with the Chief Financial Officer.
●Attend to all issues raised by external auditors through development of audit action plan and address root cause of all queries raised and adjusting population and financials.
DETAILS OF ROLES AND RESPONSIBILITIES
Employer
RE/MAX ABM PROPERTIES
Designation
Financial Administrator
Period
July 2019-December 2020
●Receipt monies received in the trust account in respect of rentals received from the tenants for properties managed.
●From rental monies received from the tenants prepare a request for payment for paying the following parties;
-Property owners
-Company (commission earned)
-Municipality for consumption charges provision paid by the tenants
●Prepare a request for payment to pay the company its commission from commission monies received in the trust account in respect of properties sold by the company.
●Prepare monthly invoices for rental owed by tenants and send to tenants to effect payments.
●Post to the ledger all receipts and payments in the trust account.
●Reconcile monthly the trust bank statement to the ledger to identify reconciling items and prepare adjustments through journal entries.
●Prepare and send invoices to attorneys for commission owed to the company on registration of properties sold by companies.
●Capture details of all leases in the lease schedules including updating the schedule with monies received and paid.
●Process all rental applications through performing clients’ credit and affordability checks and recommending approval for those who meet the criteria.
●Prepare monthly reports for monthly Income generated on rental and sales commission and submit to Senior Accountant for review
●Prepare and send lease renewal documents to clients renewing their leases and file documents accordingly
ACHIEVE REFERENCES
Name of Employer
RE/MAX ABM Properties
Contact person
Samkelisiwe Hintsa (Senior Accountant)
Contact Numbers
Name of Employer
South West Gauteng College
Contact person
Piwe Makaula(Chief Financial Officer)
Contact Numbers
****.*******@**.***
Name of Employer
Auditor General of South Africa
Contact person
Sonwabile Mayile (Assistant Manager)
Contact Numbers
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