Simphiwe Madlopha

Highly motivated and detail-oriented Trainee Accountant with a strong foundation in accounting, auditing, and financial management. Seeking an opportunity to apply and further develop technical skills within a dynamic and professional environment. Committed to contributing to organizational success while continuously advancing professional competencies and achieving long-term career growth.

Audit Senior - Masakhane Accountants & Auditors - Durban

• Supervise, coach, and mentor junior auditors and audit assistants.
• Review work performed by audit team members and provided constructive feedback.
• Assist in staff training and development initiatives.
• Monitor engagement progress and ensure deadlines are met.
• Lead audit engagements from planning through completion.
• Develop audit strategies and detailed audit programs based on risk assessments.
• Perform and review audit testing procedures in accordance with applicable auditing standards.
• Evaluate internal controls and identify areas of risk and improvement.
• Ensure audit work is properly documented and supported by appropriate evidence.
• Prepare and review financial statements and audit reports
• Prepare internal budget guidelines to facilitate budgeting process.
• Provide business units with Treasury Guidelines to ensure compliance.
• Assist business units in preparation of budgets.
• Provide business units with previous expenditure to assist with budgeting process.
• Consolidate annual budgets based on input from business units.
• Monitor and control expenditure against budgets monthly.

Trainee Accountant (SAICA Articles) - Masakhane Accountants & Auditors - Durban

(2023-05 - 2026-06)

• Conducted audits for clients across various industries, including construction, education, and retail, ensuring compliance with accounting standards and regulations.
• Prepared financial statements, including balance sheets, income statements, and cash flow statements, aligning with IFRS.
• Performed detailed account reconciliations and identified discrepancies to ensure accuracy in financial records.
• Audited and documented business processes, including trade payables, PPE, investments, and cash management
• Engaged in tax compliance activities, including VAT reconciliations and submissions
• Collaborated with cross-functional teams to streamline operations and improve financial process efficiency
• Managed client communication, gathered information, and documented audit evidence for risk assessments
• Demonstrated attention to detail in testing for unrecorded liabilities and verifying employee details for audits
• Gained exposure to various accounting software and tools, enhancing proficiency in Case Ware, Teammate, and Connect.

Finance Intern - Umhlosinga Development Agency

(2022-05 - 2023-04)

• Purchases of commodities, materials, and other services as required by the business
• Purchases goods, materials, and services in line with the specified cost, quality and delivery targets
• Communicates any supply problems, which may affect the business, while problem solving where possible
• Ensure compliance to the company guidelines, purchasing policies and procedures -which includes but is not limited to -obtaining quotes, price checks and price negotiations, raising purchase orders, expediting deliveries and sourcing alternative suppliers
• Implements and maintain support services programs and initiatives in the procurement of goods, materials and services
• Takes a practical role in the optimization of systems and resources in the procurement process
• Monitors process conditions, systems conditions and trends to improve productivity and efficiency relating to procurement
• Liaises with relevant stakeholders such as suppliers, management and other departments
• Resolves price and invoice issues with Suppliers when required
• Prepares reports and updates as and when required
• Optimises cost saving initiatives in procurement, analyse data and compiles reports

ICT Assistant - Magugu Primary School

(2022-01 - 2022-04)

• Ensure proper filling and safe keeping of records for future purposes
• Administer petty cash adherence to petty cash guidelines
• Assisting in Capturing school financial information
• Assisting in schoolwork e.g. Photocopying, typing and emailing
• Prepare expenditure report, clear suspense accounts & unallocated accounts

Financial Assistant - Inkazimulo Consulting

(2020-04 - 2021-12)

• Submission of monthly schedule for third party payments
• Input relevant data against individual fields referring to source documents
• Ensure that payroll meets the internal and statutory obligations
• Interpreting the awards, agreements and contracts in relation of overtime, acting allowance and any other queries
• Print and distribute income tax certificate
• Ensure safeguarding of payroll records

Finance Intern - Bethesda Hospital

(2016-06 - 2017-12)

• Process payments to vendors using SAP and BAS system within 30 days
• Capture invoices on BAS and do filling of records
• Recording all the stock received and label accordingly
• Capture payments and journals on Basic Accounting System (BAS)
• Record accounts payable and accounts receivable and Reconcile bank statements

Post graduate diploma - Internal Audit - UNISA

Advanced Diploma - Accounting - UNISA

National Diploma - Accounting - Mangosuthu University of Technology

Matric Certificate - Ingwavuma High School