ROODEPOORT ACCOUNTANT

Mr. SIPHO DUMISANI NYEMBE
Mr. Sipho Dumisani Nyembe
MEMBER SINCE 2010
Firm Imbewu Accounting & Tax Services Consulting
Suburb Roodepoort
Address Northcliff/Roodepoort
See Map
GPS -27.9015, 26.1201
Languages English, Zulu, Xhosa, Sotho  (in order of proficiency)
Email
Tel 0110244992/7201
Fax 086 566 9945
Website www.imbewuaccounting.co.za
Qualifications
B.com (Financial Accounting) University of Cape Town
Certificate in Financial Analysis (Wits Business School)
Certificate in Public Finance Management Act (SAIGA)

Professional Memberships
South African Institute of Professional Accountants (SAIPA) 25860
South African Institute of Business Accountants (SAIBA) SAIBR 705 
SERVICES
Financial Statements
Tax Returns
Monthly Accounts
Payroll
Bookkeeping
Business Planning
Independent Review
Co Registration
Tax Planning
Other

FOCUS

Accounting/Bookkeeping; Budgeting & Reporting; Working Capital Management; Setting Up Internal Controls; Payroll; Prep of AFS & Audit Preparation; Tax Services

OTHER SERVICES

Company & CC Registration and other CIPC related queries; Accounting and Bookkeeping(Audit preparation; recording from source document up to Trial Balance) Financial Mnagement - Budgeting & Reporting, Financial Statements, design and implementation of internal controls, working capital management, develop policies and procedure manual; Tax services - personal income tax, company tax, VAT and other statutory returns

EXTENSIVE INDUSTRY EXPERIENCE

Auditing Articles with Grant Thornton Int. (Kessel Feinstein)
Transportation:Rail & Freigth with Transnet (Spoornet) - Financial Management
Sports & Event Management in the Football environment
Insurance and retail environment

EXPERIENCE

Sipho Nyembe served as a General Manager of Football Club reporting to the Managing Director and the Board of Directors. The duties included among others:

  • Development and implementation of financial systems and controls
  • Develop and monitor budgets ensuring that they are in line with objectives and business plans of the Club
  • Produce monthly management accounts, quarterly reports and provide financial input for
  • negotiating players’ contracts
  • Management and maintenance of the working capital, fixed assets, payroll function and all the statutory requirements
  • Development and implementation of the marketing and branding plan, manage the sponsor and other stakeholder relations
Prior to the above position Mr. Nyembe served as a Finance and Marketing of a Stadium and was responsible for all the financial functions of the stadium together with the marketing and branding of the stadium. The financial aspect of the role included among others:
  • Planning and Budgeting in line with the business plans and strategy of the company,
  • Cash flow management, payroll function and events management.
  • Cordinate and liaise with external auditors in preparation and execution of the year-end audit
Sipho before he joined the Stadium he was an Assistant Manager in the Corporate Finance Management department of Spoornet where he was responsible for the following :
  • Poviding detailed analysis of revenue and expenses on monthly basis and the compilation variance report
  • Generating and interpreting monthly management reports
  • Compiling Budget guidelines using the Key Control Methodology and facilitating knowledge alignment/training workshops on the guidelines
Sipho also acquired experience in different industries through work or engagements in other companies
  • Retail experience gained working as a manager of Supermarket and Bakery Superette in Mooi River KZN which had three smaller outlets in the township. The duties included staff management, payroll, bookkeeping, stocktaking, procurement and statutory compliance
  • Auditing experience was acquired during the auditing clerkship/trainee accountant with Kessel Feinstein now known as Grant Thornton International. In performing statutory audits the following was accomplished: planning, controlling and recording of audit work; assessing accounting systems adequacy; documentation and evaluating internal control systems; testing internal controls, financial systems review, application of auditing guidelines and standards; compliance with requirements of regulatory bodies and the drafting of audit reports and other similar reports.
  • Sipho also acquired experience in the insurance industry whilst employed by Price Forbes Brokers as a Creditors Clerk and duties were mainly reconciliation for brokers and creditors payments.

ABOUT FIRM

Imbewu Accounting and Tax Services Consultanting was established in 2007 with two members who have between them more than 20 years of experience in accounting, financial management, auditing and tax that was acquired in both the public and private sectors.
We are an accounting, financial management and tax counsultancy specialising in the evaluation and monitoring, capacity building of financial managent function of small and medium enterprise, non-governmental organasation and private individuals. 
The consultancy strives to provide quality and affordable services to customers and also ensures professionalism and integrity in all our business relationships.

BUSINESS PRACTICES
Average Hourly Fees unknown
Please note that this is an indicative rate and may vary according to task. Please request a quote for exact amounts.
Software Supported Pastel Evolution, Payroll, Softline & Express
Number of staff 1
WHERE THIS ACCOUNTANT IS BASED
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