Thabile Msomi

Experience

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  Ernst and Young

  Nov 2012 - Feb 2013

  Vacation Student

  Key performances/competency/functions: *Preparing Lead schedules (Income statement, creditors, long term liabilities) *Subsequent receipt testing of debtors *Preparing Debtors circularisation letters * Performing Roll forward procedures on debtors * Data capturing * Laise with client for audit queries * Performing analytical procedures Show less

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  The Auditor-General of South Africa

  Jan 2014 - Dec 2016

  Auditor

  ·Managing engagment from pre-engagment to finalization.·Assess internal control environment·Perform substantive tests·Perform test of controls·Assign audit work to junior staff·Provide coaching and guidance to junior staff members·Act in a supervisory role in managing audit teams and liase between client and audit manager·Prepare audit budgets for review by audit manager·Plan and conduct test of details for audit components·Test compliance of clients against AG directives, laws and regulations in the publuc sector·Report audit findings in managment reporting format·Comunicate audit findings verbally to senior managment and excutives·Attend and provide input in audit commitee meetings Show less

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  PwC South Africa

  Jan 2017 - Sept 2019

  Senior Associate

  • Reviewing financial statements in accordance with IFRS and IFRS for SME's • Perform agreed upon procedures, rolling forward audit files, performing tests of detail tests of controls • Assist with the review of work performed by junior staff• Assist in monitoring compliance with independence and training requirements• Perform general auditing functions according to PwC methodologies including but not limited to: group deliverables checking and casting of complex financial statements• Review, coordinate and summaries ISA 402 supporting documentation;• Work within Budget allocations and prepare budgets for new requests that are of a standard nature• Coaching of junior staff members• General administration Show less

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  Adapt IT (Pty) Ltd

  Oct 2019 - Apr 2022

  CWWP Consultant

  • Case View Templates for AFS reporting consulting • Client Management • Assist with Development of CaseWare templates for preparations of financial statements • Client success management, ensuring client are equipped knowledge to work on CaseWare successfully • Programming computer software and building formulas for template for financial statement preparation • Trouble shooting and Beta testing of computer software. • Customize firm templates • Costing of quotes for customization of financial statement templates • Project Management Show less

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  Makosi

  Jan 2022 - Jan 2023

  Senior Audit Consultant

  • Project Management on internal projects • Audit Sox compliance reporting • Review and Audit compliance with US GAAP standards • Analysis on Variance between actual and budgeted hours • Review Working papers • Coach and train Juniors • 401K audits • Department of Labor compliance testing ( US DoL) • ERISA requirement 10(a)3(c) retirement requirements compliance • Statement of Auditing standards (SAS)

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  Fermel (Pty) Ltd

  Nov 2022 - Jun 2023

  Cost Accountant

  Preparation of complete monthly Aftermarket management accountsPreparation of monthly Aftermarket sales forecastsPreparation of monthly Aftermarket sales summariesPreparation of monthly Aftermarket stockholding daysPreparation monthly stock availabilityPreparation of annual Aftermarket budgetPreparation of quarterly regional gross profit calculationsPreparation of weekly replenishment reports for Aftermarket stockholdingPreparation and revising of minimum and maximum stockholding levels for AftermarketpurposesPreparation of monthly quotation system analyticsPreparation of equipment efficiency reports Review of Aftermarket supplier invoices forpayment Aftermarket operational reportsPrepare outstanding orders from suppliers Lead time reports based on supplier deliveries. Show less

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  GIZ South Africa, Lesotho & eSwatini

  Jul 2023 - now

  Financial Specialist

  Receivables & Liabilities Management: Demonstrates proficiency in preparing annual unsettled items for Head Office, training colleagues on clearing requirements, and generating monthly aging reports for project and finance managers. Additionally, efficiently manages VAT receivables.Financial Accounting : Prepare and release daily and month-end closures, bank reconciliations, country office bookkeeping, and cashbook and bank changes. Actively assists in fund transfers to projects and meticulously handles bank and GL reconciliationsTravel Claims Calculation: Exhibits expertise in calculating and processing national and international travel claims, handling advances and reimbursements, monitoring duty trip lists, and diligently tracking outstanding advances. Currently inValue Added Tax - SARS working papers for VAT claims, oversees refunds, and rectifies rejected claims for country office and projects.Financial Services: Monitors income, expenditure, and conducts regular bank reconciliations. Provides consistent reporting on real accounts.Auditing Coordinate and ensure audit queries are resolved .BPR and Continuous Improvement: Process owner for Bookkeeping and VAT SOPs, ensuring process adherence and efficiency. Co-owns Unsettled Items SOP, optimizing receivables procedures and contributor to Travel claims management SOP. Show less