Thuli Moloantwa

Seasoned finance professional with expertise in the development of financial reports that adhere to IFRS- and GAAP-standards, thereby guaranteeing financial data integrity, improving data quality assurance, and facilitating business and strategic decision-making. Managed a diverse portfolio of over 30 SME clients, offering a comprehensive suite of services, including financial accounting, management accounting, tax, and consulting. I have international finance experience in various regions, including the United Kingdom, Germany, the Netherlands, Belgium, and South Africa.

Assisted year-end audits by preparing work papers, and ensured documentation completion in a clear, concise, and logical manner.

Client Accounting Manager - ExcluServ Ltd. - Johannesburg, South Africa

(2024-01 - 2024-07)

• Conducted a variance analysis and reported on the differences between the actual and budgeted performance, thereby improving budget forecasting accuracy by 15%
• Enhanced data quality by analyzing sales data, leading to a 32% improvement in the correctness of revenue recognition, consistent with accounting principles
• Revamped payroll operations for over 30 employees by collaborating with management to develop comprehensive payroll reports, which reduced payroll inquiries by 63%
• Monitored the service level agreement (SLA) metrics by measuring the quality of the services provided and identifying areas for continuous improvement
• Mentored and led a team of junior accountants, establishing clear performance objectives that resulted in a 45% increase in team productivity and accuracy in financial deliverables
• Optimized cash flow and working capital management by implementing payment term policies and supporting reinvestment opportunities

General Accounting–OTC (Order-to-Cash) Operations Analyst - Accenture Mauritius (Services) Ltd. - Ebene, Mauritius

(2023-03 - 2024-01)

• Led cross-functional collaboration as the primary liaison between clients and vendors, resolved inquiries, and improved customer satisfaction feedback by 23%
• Streamlined workflows by developing Desktop Procedures (DTPs) to, ensure data completeness, which reduced operational risks by 65%
• Successfully led the Service Rehearsal Transition (SRT) for the BNG team, achieving a project-go-live phase with a 100% success rate
• Reconciled and reported on 50+ EU intercompany transactions monthly, facilitating effective financial resource management
• Prepared and analyzed EU Intrastat report data for precise recording in SAP, ensuring the maintenance of financial master data and compliance with Intrastat declarations
• Implemented automation tools like Kofax, reducing invoice processing times by 3 days per cycle, resulting in enhanced efficiency and cost savings

Accountant - CFO360 Advisors (Pty) Ltd - Johannesburg, South Africa

(2020-08 - 2022-06)

• Presented management accounts and trial balance reports to the board of directors, aiding decision-making and strategic planning through enhanced financial transparency
• Directed financial transactions, including intercompany loan accounts, general ledger transactions, debtors and creditors accounts, and manual journal entries
• Prepared and analyzed monthly income statements (profit and loss), balance sheets, and cash flow statements, leveraging key financial KPIs, such as revenue, COGS, OPEX, EBIT, inventory, and CAPEX, to identify trends
• Compiled and submitted statutory returns for VAT, payroll taxes (PAYE, SDL, UIF), income tax, and provisional tax, adhering to SARS tax regulations
• Prepared audit documentation in line with The Companies Act's auditing and accounting requirements, which secured SARS audit approval, leading to a 15% increase in VAT refunds
• Delivered engaging training sessions on Value Added Tax (VAT), focussing on calculations, and preparation of VAT201 returns. This initiative resulted in a 40% reduction in VAT reporting errors

Bookkeeper - Nimble Accounting t/a CFO360 UK - Johannesburg, South Africa

(2021-10 - 2021-12)

• Assumed responsibilities as a bookkeeper for UK-based SME clients concurrently with serving as an accountant at CFO360 Advisors
• Processed 500+ accounts payable (AP) and accounts receivable (AR) transactions monthly using QuickBooks and Receipt Bank/Dext
• Performed balance sheet reconciliations and collaborated with internal departments to resolve outstanding items, achieving 100% error-free financial records
• Maintained organized financial records, including purchase orders, bills, sales revenue, invoices, and payments, to produce precise financial statements and management account reports
• Optimized foreign currency transaction processes in accordance with FX control regulations, effectively managing exchange rate risks across the USD, GBP, and EUR accounts, and minimizing conversion losses

Branch Support Executive (Client Services) - WTAX (VAT IT Group) - Johannesburg, South Africa

(2020-01 - 2020-07)

• Generated 10 + withholding tax claims monthly in accordance with reporting obligations for Spain and Central European countries: Netherlands, Italy, Luxembourg, Germany, Austria, and Switzerland
• Pioneered innovative solutions to address global tax requirements, achieving 100% compliance with EU Council Withholding Tax (WHT) procedures and enhancing audit efficiency by 20%
• Reviewed custodian documentation in Salesforce and meticulously verified financial issuers, payment dates, and dividend rates to ensure accurate financial reporting
• Collaborated with assigned Client Service Executives to streamline client onboarding processes, leading to improved operational efficiencies and reduced turnaround times for client inquiries

Procurement Clerk, Buyer, and Process Controller - AfriGrown Holdings CC - Johannesburg, South Africa

(2019-05 - 2019-12)

Postgraduate Diploma - Management Accounting - University of South Africa (2020-03)

Bachelor of Commerce - Financial Sciences - University of Pretoria (2016-02 - 2019-04)

National Senior Certificate (IEB), Bachelor's Degree Pass - St. Peter's College (2010-01 - 2014-12)