Thabo Rodney Mokgothu

Results-driven Accounting and Financial Management professional with extensive experience in capital expenditure (CapEx) accounting, infrastructure budgeting, project financial management, financial reporting, variance analysis, asset capitalisation, and audit compliance within the public sector. Proven track record of managing infrastructure capital portfolios exceeding R1.45 billion while ensuring effective budget control, forecasting accuracy, governance compliance, and clean audit outcomes. Experienced in project cost control, Work-in-Progress (WIP) accounting, fixed asset management, cash flow forecasting, and stakeholder reporting.

Strong analytical and problem-solving capabilities with advanced knowledge of BAS, Walker, Pastel, and enterprise financial management systems.

ACTING DEPUTY DIRECTOR: INFRASTRUCTURE BUDGET & CAPITAL PROJECTS - Northwest Department of Education - Northwest

(2019-03 - 2025-05)

• Lead the financial management and control of a R1.45 billion infrastructure capital expenditure portfolio comprising civil works, bulk services, and strategic asset renewal projects.
• Direct budgeting, forecasting, expenditure monitoring, and cost control activities across multiple capital projects.
• Monitor project financial performance through detailed expenditure analysis, cost tracking, and variance reporting.
• Conduct financial risk assessments and implement mitigation strategies to minimise cost overruns and optimise resource utilisation.
• Perform long-term capital planning and financial modelling to align project funding with implementation schedules.
• Oversee Asset Under Construction (AUC) balances and support the accurate capitalisation and commissioning of completed infrastructure assets.
• Prepare executive financial reports, capital expenditure analyses, and project performance reports for senior management and governance committees.
• Ensure compliance with financial policies, governance requirements, and internal control frameworks.
• Support internal and external audit processes through the provision of reconciliations, expenditure schedules, and financial reports.

ASSISTANT DIRECTOR: INFRASTRUCTURE BUDGET & PROJECT CONTROL - Northwest Department of Education - Northwest

(2016-11)

• Managed financial control and reporting for infrastructure projects with capital budgets exceeding R1.45 billion.
• Monitored Work-in-Progress (WIP) projects throughout the project lifecycle from inception to commissioning.
• Performed budget monitoring, expenditure control, forecasting, and variance analysis to support project delivery objectives.
• Coordinated project capitalisation processes and integration of completed assets into the fixed asset register.
• Verified contractor claims, engineering payment certificates, and supplier invoices to ensure financial accuracy and compliance.
• Maintained project expenditure records and ensured accurate allocation of costs to approved capital projects.
• Prepared management reports, expenditure analyses, and budget performance reports.
• Established and maintained effective audit trails supporting clean audit outcomes.

STATE ACCOUNTANT: INFRASTRUCTURE BUDGET & VARIANCE ANALYSIS - Northwest Department of Education - Northwest

(2013-10 - 2016-11)

• Monitored and controlled infrastructure project expenditure against approved budgets and funding allocations.
• Conducted detailed variance analysis and expenditure reviews using BAS and Walker systems.
• Prepared monthly and quarterly reports on project expenditure, commitments, and forecasted spending requirements.
• Developed rolling cash flow forecasts to support infrastructure project implementation.
• Performed project-related general ledger reconciliations, accrual processing, and commitment reporting.
• Supported project managers through financial analysis, budget monitoring, and expenditure reporting.
• Assisted with year-end reporting, audit preparations, and compliance requirements.

MUNICIPAL FINANCE INTERNSHIP - RATLOU LOCAL MUNICIPALITY

(2010-12 - 2013-07)

• Processed accounts payable transactions, supplier payments, contractor invoices, and journal entries.
• Assisted with project expenditure administration and financial record maintenance.
• Supported budget preparation, expenditure monitoring, and financial reporting activities.
• Performed supplier reconciliations, ledger reconciliations, and account maintenance.
• Maintained financial records and supporting documentation in accordance with audit requirements.
• Provided financial and administrative support to operational and infrastructure departments.

POSTGRADUATE DIPLOMA - BUSINESS FINANCIAL MANAGEMENT - NORTHWEST UNIVERSITY (2016)

BACHELORS - COMMERCE IN ACCOUNTING PROFESSIONAL STREAM - NORTHWEST UNIVERSITY (2009)

MATRIC - ITLHAOLE HIGH SCHOOL (2000)