Rumbani Thindwa ACMA (UK), CGMA, CA(M) CPA, Bcompt

Experience

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  McMurray Aldum Inc

  Nov 2008 - Nov 2009

  Junior Tax Adminstrator (Article Clerk)

  # Preparing and Submitting Company (IT14), Trusts and Individual Tax Returns (IT12), VAT, PAYE and STC(Including preparation of tax computations)# Handling objections to income tax assessment, VAT and PAYE# Calendar planning for tax deadlines# Tax Clearance application# Performance of full payroll function on VIP payroll# Preparing and Submitting IRP5’s and EMP501# Providing tax advice to individuals and companies with regards to both capital and revenue nature oftransactions.# Differed Tax Calculation and Complete a Companies Tax Computation for individuals# Handling final demand of outstanding tax returns and monies due to SARS# Capital Gains Tax workings on the tax computation and for individuals# Handling letter of demand and resolving matters with SARS# Preparing research reports on tax on behalf of the firm and performing the research thereof# Providing Tax Advise to engagement team members and audit partners# Tax Planning Show less

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  McMurray Aldum Incorporated

  Nov 2009 - Dec 2011

  Audit Senior (Trainee Accountant)

  # Drawing up annual financial statements and Consolidated Financial Statements for companies including nonprofit organizations, Individuals and Trusts in accordance with IFRS and statements of GAAP and presenting these to clients and other interested stakeholders# Drawing business plans and projected Financial Statements for business plan# Drawing monthly Management Accounts, Evaluating Financial Statements and management accounts and giving advice on variances and possible opportunities# Preparing monthly reconciliation/schedules of accruals, prepayments and deposits# General Ledger reconciliation (preparation and analysis of fixed asset register, preparation VAT Reconciliation statements, performing year end closure, processing audit adjustments due to prior misstatements and reconciling intercompany loan accounts# audit clerks on audits and training of Junior Clerks# Calculating planning and performance materiality, performing Substantive Procedures, analytical review and Tests of Control# Evaluating Internal Controls, Designing Internal Controls and implementation of internal controls# Auditing Finalization, Post year end transactions risk assessment and audit procedures in connection with post year end transactions, going concern assessment, Giving an opinion on audit work performed and briefing of audit partner and Performing final risk assessment based on Final Materiality and preparing a report on audit findings and recommendations (Management Report) on audit findings to management# Capturing sales and maintaining debtors age analysis, and purchases and maintaining creditors age analysis, capturing bank monthly transactions and reconciling bank ledger, and maintaining fixed asset register and capturing monthly deprecation on behalf of allocated bookkeeping / management accounting clients Show less

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  MM & Associates

  Jan 2012 - May 2012

  Assistant Accountant (Tax Adminstrator)

  # Preparation and drawing up of both Annual Financial Statements and Management Accounts using Pastel Auditor# Liaising with SARS at SARS branch on a weekly basis# Handling Individual and Company Tax Returns# Processing the cash book on Pastel Version 11# Processing Creditors and Debtors on Pastel Version 11# Maintaining the Fixed Asset Register on a monthly basis# Maintaining the accounting records for Lease and Instalment Sale Transactions on a monthly basis# Payroll Function Via Pastel Payroll# Corporate and Individual Tax Planning# EMP201, VAT201 and EMP501 preparations and submission# Preparing objections against IT34 Assessment Results# Handling objections in connection with VAT201# Performing year end procedures on Pastel and dealing with auditors# Preparing and submitting VAT, Income Tax, UIF and PAYE applications# Reporting to Senior Accountant# Presenting Financial Information in meetings and to directors# Handling and resolving later of demand# Handling IT14SD returns with SARS# STC calculations and submissions Show less

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  Meintjies Muller & Associates

  May 2012 - Feb 2013

  Finacial Accountant

  # Preparation and drawing up of Annual Financial Statements in accordance with GAAP and IFRS.# Preparation and drawing up of Management Accounts, Reporting on management accounts and comment thereof on variances and recommendations on improvements# Reconciliation of general ledger accounts (e.g. balance sheets, profit and loss statements, amortization and depreciation schedules, etc.), and document business transactions.# Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.# Monitor and review bookkeepers work and ensure accuracy and completeness of work performed.# Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.# Analyse revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditurecontrol.# Explain billing invoices and accounting policies to staff.# Resolve accounting discrepancies.# Interact with external auditors in completing audits.# Assemble data for and create financial projections# Calculate and estimate effects of proposed changes in operating programs or accounting Show less

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  Charter Financial & Auditing Inc

  Mar 2013 - Oct 2017

  Audit Manager

  #Drawing up Consolidated Financial Statements applying IFRS3, IFRS10 and IFRS27, Financial Statements in accordance with SA GAAP and IFRS and Preparation of Monthly Management Packs on behalf of clients# Preparation of Integrated Reports and Sustainability Reports# Designing and Implementation of Internal Controls# Designing and performance of substantive testing# Provision of training to clients finance department on year end procedures to get ready for auditors# Due diligence assignments# Reporting on Variances on Financial Reports# Managing audit teams and review of audit files# Analytical Review on of financial statements# Handling Independent reviews on DTI Claims for MCEP and MIP claims# Planning and concluding audits (audit meetings with clients)# Performing internal audit duties on consulting assignments to non-external audit clients# Handling complicated tax queries for the practice (All areas of taxation)# Analysis of clients control environment and documenting control environment deficiencies# Assisting with Formulation of Financial Modelling for non assurance clients# Reviewing, preparation and submission of statutory returns, e.g; VAT201, EMP201, EMP501, IT12, IT14 IRP5’s and various government statutory forms i.e.; Stats SA and Labour Department Workman’s Compensation# Assisting with Risk Management and Reporting for non audit assurance clients# Assisting on Financial Audits for clients in financial distress or suspected of overspending Show less

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  Iress South Africa Group

  Oct 2017 - Jul 2018

  Financial Accountant

  # Accurate and timely recording of costs and payments (all items other than revenue and income),# Strong controls on payments# Ensuring month end reporting is completed accurately and within Group Reporting deadlines# Fixed assets accounting (purchase, verification, disposal, depreciation and reporting)# Local & Foreign Creditor statement reconciliation and review# Month end journals# Month end analysis of Income statement & Balance sheet# Balance sheet reconciliations (including intercompany)# Posting of AR’s, AP’s and bank functionality as required# Assisting with year-end statutory audit# Statutory submissions and (VAT, PAYE and Income Tax)# Cash flow forecasting# Cost saving initiatives and control schedules# Maintenance of supplier reporting masterfile and approved supplier list# Maintenance of General ledger and new Vendors in Epicor, NetSuite# Handling of Technical Financial Reporting and Tax matters for IRESS South Africa# Liaising with other IRESS finances teams globally# Financial Analysis of accounts payables related expense accounts and providing feedback on variances and requesting corrective action to be taken.# Assisting with Financial Planning to head of department in connection with budgeted AP expenditure.# Assisting with Finance Audits for various cost centers within the company# Assisting Management with Corporate Finance Show less

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  JD Group

  Jul 2018 - Nov 2019

  Cost and Tax Accountant

  Taxation# Formulation of Transfer Pricing Policies between South Africa, Botswana, Namibia, Swaziland, Botswana and Zambia# Performing Transfer pricing calculations between South Africa and foreign entities# Maintaining Tax Risk register for the Group# Preparation and submission of Income Tax for South Africa, Botswana, Namibia, Swaziland, Botswana and Zambia# Preparation of VAT reconciliation and submission of VAT for South Africa, Botswana, Swaziland and Zambia Entities, and ensuring timely payment of VAT# Import VAT submissions for Swaziland# Resolving import VAT queries for drivers at foreign Boarder posts# Reconciliation of VAT ledger account# Payroll Tax Submissions for Botswana, Namibia and Zambia# Annual Payroll reconciliation for South Africa and Botswana entities# Drawing up and sending letters to Botswana Unified Revenue Services, SARS, Swaziland Revenue Authority and Zambia Revenue Authority to reconcile all tax types and ensure that entities are tax compliant# Liaising with Botswana Unified Revenue Services, SARS,Swaziland Revenue Authorityand Zambia Revenue Authority representatives in connection with all tax types# Preparing Withholding tax payments on rentals, interest and management fees for Botswana and Zambia# Reviewing and payment of import VAT, customs and other import related costs and submission of import VAT for Swaziland Revenue Authority# Guiding intern on tax matters Cost Accounting# Checking labour rate variances and ensuring that labour broker is applying labour rates as per service level agreement.# Checking labour hours and costs charged by labour broker against internal clock in labours to ensure that the labour broker has not over charged# Communication any variances directly to labour broker to ensure that or corrections have been made to any material variance# Analysing and eviewing EOH voice, T- Systems, Telkom, MTN and Vodacom before payment is approved Show less

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  Rumnco Holdings (Pty) Ltd

  Jan 2019 - now

  Managing Director
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  Financial Accounting, Management and Business Support Partner (SA) (Pty) Ltd

  Mar 2021 - Nov 2024

  Senior Finance Business Support Partner & Director
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  GiveDirectly

  Mar 2023 - Feb 2024

  Finance Payments Manager

  Payment● Manage the payment cycles including issuing payments and resolving exceptions standard andefficient methods.● Design and implement efficient payment processes across all GD operations countries.● Participate actively in building out the payment structures and processes based on the bestpractices.● Promote a strong, professional relationship with the stakeholders including organization’sfinancial institutions in order manage operational processes, resolve exceptions and executecomplex international transactions.● Provide support to the Finance team as required in order to meet the department’s objectives.Risk / Compliance● Understand, advise and implement controls and compliance requirements both internally as wellas with external stakeholders like tax regulators and payment partners● Manage in-country audits and special reporting to donors and regulatory bodies Show less