I have a bit of an obsession with Excel and Accounting, investments, and budgets..... I have a B.Com Chartered Accounting Degree, an Advanced Diploma in Accounting Sciences, and a Postgraduate Diploma in Taxation. I am also a qualified Professional Accountant. I have around 13 years of experience in the Accounting, auditing, and Financial Management sector and love sharing my knowledge. I am always up for a challenge and continuous learning.
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Hermina will travel 10km from Grimbeek Park, Potchefstroom, North West, South Africa
Hermina speaks Afrikaans and English
This designation empowers me to perform numerous functions and issue reports i.t.o. legislation. Unlike the traditional understanding of what an accountant does, which puts emphasis on the preparation of financial statements, a Professional Accountant (SA) is a business consultant/advisor that actively participates in the decision-making processes of a business, and can perform a broad range of functions as follows: - Creator of Value - Enabler of value - Preserver of value - Reporter of value More can be read about the above information at: https://www.saipa.co.za/become-a-member/professional-accountant-sa/ The above designation also requires me to do 40 hours of Continuous Professional Development (CPD), ensuring that both academic and practical qualifications do not become out-dated or obsolete; and allowing myself to continually up-skill or re-skill myself. As a Professional Accountant (SA) I am also recognised as ex officio Commissioner of Oaths.
The objectives of my position as Provincial Finance Manager are as follows: 1. To provide high level management of the DA North West Province’s finances with the ability to understand and interpret financial information. 2. To implement and manage the financial policies of the Party in accordance with the standard operating procedures adopted by the Party. 3. To manage and coordinate the day to day activities of the finance staff to achieve the agreed monthly outcomes. 4. To assess the performance of finance staff on a structured and regular basis. 5. To report effectively with a strong, confident presence with the Provincial Leadership, CFO and Finance Committees on the DA North West Province’s Finances. Associated Duties: • To monitor the internal financial procedures of the North West Province in accordance with the financial policies of the party and the NW Legislature. • To monitor expenditure against the approved provincial budget thereby controlling the allocations within the financial structures of the DA North West Province from the source document. • To compile the monthly variance report as required by the Province and the CFO. • To perform month-end reconciliations of all Balance Sheet accounts and journal data within the deadlines as directed by the CFO. • To check on a monthly basis that all transactions in the General Ledger are accurately processed, have an adequate description and reallocate expenses where necessary. • To assist management in improving weaknesses in the systems of control. • To monitor the expenditure of allowances in respect of the regulations governing the State Allowances of the Party. • To lead and manage the drawing of an annual operating budget for the Province in accordance with the deadlines set out by the CFO. • To effectively divide the annual approved budget between the State Allowances to give effect to reasonable expenditure of such allowances year on year & ensure that each is claimed in respect of the regulations governing the State Allowances of the Party. • To draw up regular short, medium and longer-term cash flow forecasts to ensure proper financial planning. • To liaise and negotiate with creditors to ensure the best financial deal for the DA North West Province. • To ensure that the record of assets is in accordance with the financial policies. • To ensure the Party’s assets are insured in accordance with financial policies. • To manage the key result areas (performance) of the finance staff on a day-to-day basis. This entails checking real time processing to enable accurate monitoring of the finances for the DA North West Province. To ensure separation of duties to improve internal control within the finance department staff. The accurate and complete filing of all source documents including the storage of these documents with special attention paid to supplier invoices and bank statements. • To manage the audit & finance processes of the North West Province (Province & Legislature)
In addition to the duties as set out below as an article clerk, during this period I managed audit teams and reviewed the work of article clerks.
During my three-year articles (2008-2010), I acted as auditor where I have audited multiple Companies, Trusts, Closed Corporations, Schools, Attorneys Trust accounts, Private Businesses, Farmers and Pension Funds Where clients only brought in their documents, I have compiled their financial statements, calculated tax and submitted it to the South African Revenue Service. I also fulfilled companies statutory and secretarial duties for example, EMP, VAT, SDL forms to fill in and submit, as well as the upkeep of their share registers. I have completed the Dividends Tax, Annual and Provisional Tax of Companies, Trusts, Close Corporations, NPO’s and individuals using E-filing as well as completed annual and bi-annual EMP Reconciliations using Easy-File.
POSTGRADUATE DIPLOMA IN TAXATION, UNIVERSITY OF SOUTH AFRICA (UNISA) Subjects: - Advanced Financial Accounting I - Advanced Tax Case Law - Advanced Tax Capita Selecta I - Advanced Tax Capita Selecta II - Advanced Taxation
ADVANCED DIPLOMA IN ACCOUNTING SCIENCE, UNIVERSITY OF SOUTH AFRICA (UNISA) Core Subjects: - Accounting - Taxation - Auditing - Management Accounting
B. COM CHARTERED ACCOUNTING, NORTH WEST UNIVERSITY – POTCH CAMPUS Core Subjects: - Accounting - Taxation - Auditing - Economics - Management Accounting - Accounting and Computers - Law of Contract - Commercial Law During my time in the hostel I served on the actuality committee. I was also appointed as a RINL111 – Computer and Information Skills Assistant in 2007
Being a Financial Manager for quite some time now, I have had a small obsession with Excel and the automation thereof to make life easier as I use it daily. I have a B.Com Chartered Accounting Degree, Advanced Diploma in Accounting Science as well as a Postgraduate Diploma in Taxation. I also have at least 13 years of experience in Accounting, Auditing, and Financial Management
Hermina teaches Microsoft Excel at High School, Primary School, University/College, and Adult level(s)
I have a B.Com Chartered Accounting Degree, Advanced Diploma in Accounting Science as well as a Postgraduate Diploma in Taxation. I also have at least 13 years of experience in Accounting, Auditing, and Financial Management I am also a Registered Professional Accountant (SA) with SAIPA
Hermina teaches Accounting at High School, University/College, and Adult level(s)