Mhlengi Moyo

MHLENGI MOYO, CPA Johannesburg, South Africa www.linkedin.com/in/mhlengi-moyo-cpa-579a542b579a542b Financial Manager| Financial Controller| Property Accountant| Management Accountant| Financial Accountant| Financial Analyst| Forensic Auditor| Internal Auditor| Business Analyst PROFESSIONAL SUMMARY A seasoned finance professional with more than 11 years of accounting experience in fast-paced property sector, serving some of the major Johannesburg Stock Exchange (JSE) listed Banking and Real Estate Investments Trusts (REITs), as well as Private Equity clients. Detail-driven and has a solid financial acumen, as well as strong analytical capabilities to enhance the quality of financial information for decision making. Proficient in business systems improvement to enhance internal controls and improve financial accounting productivity. CORE COMPETENCIES • Financials Analysis and Reporting • Budgeting and Forecasting • Cash flow Management • Property Accounting • IFRS 16 Leases • VAT and Income Tax • • • • Account Reconciliations Debtors and Creditors Management Risk Management and Analysis Business Report Writing and Presentation • • • • Project Management Business Systems Analysis and Design Business Requirements Planning and Management Business Requirements Analysis and Design EDUCATION • Postgraduate Diploma in Forensic Auditing - University of South Africa, Current • Certified Practising Accountant (CPA) Program - CPA Australia, 2024 • Bachelor of Accounting Science in Financial Accounting - University of South Africa, 2019 • Advanced Business Analysis Program - Faculty Training Institute, 2019 • Bachelor of Commerce Business Management Honours Degree - Midlands State University, 2009 • General Certificate of Education at A-Level - High School, 2004 • General Certificate of Education at O-Level - Secondary School, 2002 PROFESSIONAL EXPERIENCE Financial Controller Dartprop Management (Pty) Ltd Aug 2024- Current Responsibilities • Review of annual budgets and monthly rolling forecasts before presentation to Asset Management team. • Preparation and presentation of monthly financial reports and other ad-hoc reports in line with IFRS and company policies. • Performing intercompany reconciliations, VAT reconciliations, bank reconciliations, and mortgage account maintenance. • Overseeing tenant pre-billing checks, receipting, and recoverable expense analysis to ensure accurate revenue recognition and cost recovery. • Overseeing cash flow management, including property-level funding requests and fund distribution requirements. • Developing and maintaining financial systems and internal controls for accurate reporting, risk management, and compliance. • Collaborating with internal teams (Property Management, Leasing, Operations) and external stakeholders (tenants, vendors, auditors) to optimize financial performance. • Coordinating audits by preparing required documentation and addressing inquiries. • Providing financial insights to the Asset Management team to support property acquisitions, sales, and redevelopment decisions. • Conducting data analytics from internal data and industry metrics to guide strategic decision-making. Portfolio Accountant Dartprop Management (Pty) Ltd Jan 2023 - Jul 2024 Responsibilities • Prepared and presented annual budgets, monthly rolling forecasts, and financial reports (income statements, balance sheet reconciliations, etc) in compliance with IFRS and company policies. • Managed tenant billing processes, including pre-billing analysis, statement generation, receipt allocation, and recoverable expense analysis. • Oversaw portfolio cash flow management through funding requests, cash flow forecasts, and fund distribution monitoring. • Performed VAT reconciliations, mortgage loan account maintenance, and intercompany reconciliations. • Liaised with Property Managers to calculate and post accruals, ensuring accurate financial reporting. • Delivered accurate financial information to Asset Management and partners for business planning, property analysis, and decision-making. • Assisted in identifying opportunities for property acquisitions, sales, and redevelopment. • Facilitated audits by preparing documentation and addressing internal and external auditor requests. Accountant Broll Property Group (Pty) Ltd - Property Management Division Jan 2017 - Dec 2022 Responsibilities • Prepared 1–3-year budgets, monthly rolling forecasts, and detailed financial statements/management packs. • Reviewed pre-billings, recoveries, and creditor payments while ensuring accurate income and expense accruals. • Assessed debtor default risks and determined doubtful debt provisions. • Calculated and maintained amortization schedules for tenant installations, lease commissions, and asset depreciation. • Conducted turnover rental income calculations, variance analyses, and provided commentary. • Prepared and presented financial reports, including lease straight-lining and weekly cashflow reports, to clients. • Reviewed and approved bank, VAT, and general ledger account reconciliations. • Designed and implemented financial risk controls and maintained financial records. • Addressed internal and external audit queries and ensured compliance with regulations. Client Accountant Broll Property Group (Pty) Ltd - Corporate Real Estate Division Jul 2016 - Dec 2016 Responsibilities • Served as the primary client contact, managing all communications and relationship needs. • Prepared and maintained complete and accurate financial records, including budgets, forecasts, and monthly cash flow reports. • Reviewed and validated monthly contractual payments and prepared funding requests. • Performed accrual calculations, IAS 17 lease straight-lining, and variance analysis with commentary. • Prepared and presented monthly and ad-hoc financial reports to clients, including income and expense journal files for SAP upload. • Reviewed operational reports such as bank reconciliations, tenant pre-billings, and accounts payable/receivable reconciliations. • Managed funds allocation and reviewed/released creditor payments. • Coordinated and led the Client Accounting team while supporting the Financial Manager on assigned tasks. • Addressed internal and external audit queries and ensured compliance with company policies. Assistant Accountant Broll Property Group (Pty) Ltd - Corporate Real Estate Division Sep 2015 - Jun 2016 Responsibilities • Reviewed and validated monthly contractual and ad hoc payments, ensuring accuracy and compliance. • Maintained monthly cash flow reports and assisted with accrual calculations and IAS 17 lease straight-lining. • Prepared income and expense interface files for SAP uploads and variance analysis reports. • Acted as backup for Creditors Clerks and assisted Debtors Clerks with tenant billing, receipting, and account reconciliations. • Performed bank reconciliations and validated payment reports before final approval. • Maintained accurate financial records for the portfolio and supported internal and external audit processes. • Contributed to the design, implementation, and monitoring of financial risk management activities. Cashier (Cashbook Clerk) Broll Property Group (Pty) Ltd - Corporate Real Estate Division Sep 2013 - Aug 2015 Responsibilities • Prepared monthly income and expense interface files for SAP uploads and variance analysis reports. • Performed bank reconciliations and prepared validation reports for monthly and ad hoc payments before bank approval. • Acted as backup for Creditors Clerks by capturing invoices and assisted Debtors Clerks with tenant billing, receipting, and account reconciliations. • Maintained complete and accurate financial records for the property portfolio. • Assisted with internal and external audit queries and contributed to financial risk management activities. Bookkeeper Lisabank Repossession Warehouse CC Jan 2013 - Aug 2013 Responsibilities • Processed and reconciled creditor invoices and accounts, ensuring compliance with authorization protocols. • Prepared payment batches and managed transaction interfaces post-payment. • Maintained accurate records through invoice filing and handled debtors control functions. • Managed client deposit funds, including raising refunds. • Performed monthly bank reconciliations to ensure financial accuracy. Lecturer (Business Department) CTI Education Group Jan 2012 - Dec 2012 Responsibilities • Delivered lectures and facilitated teaching sessions, ensuring effective student engagement. • Prepared study materials, additional activities, and conducted revision sessions to support student learning. • Supervised and participated in examination invigilation and assisted students with academic queries. • Supported departmental administration and undertook additional duties as required. Sales and Administration Clerk Steel-land Furniture Responsibilities • Managed inventory and controlled debtor accounts, ensuring accurate record-keeping. • Handled client orders, prepared purchase agreements, and issued invoices. • Performed switchboard and reception duties, maintaining professional communication. • Processed transactions in the system and prepared daily cash flow and sales reports. • Managed petty cash and banked all received income efficiently. Nov 2010 - Dec 2011 Accounting Intern Zimbabwe Manpower Development Fund Aug 2007 - Jul 2008 Responsibilities • Recorded daily income and expenditure and compiled cash flow reports with expenditure forecasts. • Managed petty cash and performed bank reconciliations. • Assisted with debtor and creditor control functions. • Supported the preparation of monthly financial statements under the guidance of the accountant. COMPUTER SOFTWARE SKILLS • • • • • MDA / MRI SAP QuickBooks Sage 300 Pastel Partner • • • • Linux Broll-On-Line MS Office with Advanced Excel VMG • • • • • Horizon Python Pandas DataMart SQL CERTIFICATIONS • CPA Australia Program: https://www.credly.com/badges/503b44ff-e4cc-4183-a9ed-9f1f61477ded/public_url • Foundations of Data Science: K-Means Clustering in Python – University of London through Coursera: https://www.coursera.org/account/accomplishments/verify/GPC2H7XA3KB6 PROFESSIONAL MEMBERSHIPS • • • • • Certified Practising Accountant (CPA) Australia The Institute of Internal Auditors (IIA) Accounting Technicians South Africa (ATSA) International Institute of Business Analysis (IIBA) Institute of Risk Managers South Africa (IRMSA)