Krishka Faber CA(SA)

Senior Financial Manager at SnapScan
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Contact Information
us****@****om
(386) 825-5501
Location
City of Cape Town, Western Cape, South Africa, ZA
Languages
  • English Native or bilingual proficiency
  • Afrikaans Native or bilingual proficiency

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Experience

    • Information Technology & Services
    • 1 - 100 Employee
    • Senior Financial Manager
      • Nov 2022 - Present

      Snapscan is a contactless mobile payment solution, who released physical card payment terminals in April 2023 and is a wholly owned subsidiary of The Standard Bank of South Africa Group.Responsible for all things finance, accounting and tax and supporting my team to reach their full potential.

    • Group Financial Manager and Radar Operations Lead
      • May 2022 - Oct 2022

      Snapscan is a contactless mobile payment solution and is a wholly owned subsidiary of The Standard Bank Group.Group Financial and Compliance Duties:Review the management accounts prepared on a monthly basisPerform the accounting consolidation on a monthly basisReview prepared tax filingsRadar Specific Duties:All duties listed under Head of Operations for RadarManage sales and walk-throughs of demo-product to prospective clientsTraining of additional team members and clients to use the productLiaise with the Board on the roadmap and product-related queries, requests and technical updatesJoint Duties as part of Group Finance Team:Manage business-as-usual supplier relationships and renewalsManage Group annual financial auditsManage Group insurance policies and renewalsManage Group Financial ReportingManage Group Tax matters and filingsManage invoicing of customers and partners and related collectionOther Duties:Liaise with Data and FinOps Teams to obtain information to complete finance tasksAssist HR with leave policiesOversee asset management Show less

    • South Africa
    • Human Resources Services
    • Head Of Operations
      • Jun 2021 - Sep 2022

      Radar is an HR and Payroll online platform and is a wholly owned subsidiary of Snapscan. Radar Operational Duties: Develop and maintain competence in the general payroll and accounting space and advise on industry and regulatory changes impacting the business Process monthly client payroll Correcting any system exceptions/bugs identified Release payroll disbursements Oversee disbursements and client clearing transactions Manage the onboarding of new clients Respond and resolve customer support requests Compile monthly accounts, invoices, filings, and other accounting duties Take care of the compliance, and statutory responsibilities of the company Report to the Radar Board on all operational matters Liaising with the technical team Research for planned new feature development Assist with the design of new features Work with the lead developer to compile, test and troubleshoot system formulas and calculations to ensure accuracy and Work with the lead developer to compile, test and troubleshoot system formulas and calculations to ensure accuracy and compliance. Work with the development team on UI and report the design of the platform Troubleshoot and test new features and updates Write and publish articles on the help centre Record and voice-over videos for the help centre Radar Financial and Compliance Duties: Process monthly accounting entries and related journals Compile all tax filings as required. Submit management accounts to the board Liaising with auditors, bank, and other service providers Statutory compliance Show less

    • 1 - 100 Employee
    • Director
      • Jun 2019 - Jun 2021

      Provides the following services: Independent Reviews Financial Statements – IFRS, IFRS for SMEs, GAAP, Entity specific, Consolidation Accounting & Bookkeeping Taxation – Personal, Business, Income, Provisional, VAT, Dividends, Customs, Capital Gains, Donations, etc. Payroll – EMP201, EMP501, PAYE, SDL, UIF, ROE Secretarial & CIPC – Company Registrations & Amendments Cloud Accounting Software – Quickbooks, Sage, Xero Consulting & Advice Provides the following services: Independent Reviews Financial Statements – IFRS, IFRS for SMEs, GAAP, Entity specific, Consolidation Accounting & Bookkeeping Taxation – Personal, Business, Income, Provisional, VAT, Dividends, Customs, Capital Gains, Donations, etc. Payroll – EMP201, EMP501, PAYE, SDL, UIF, ROE Secretarial & CIPC – Company Registrations & Amendments Cloud Accounting Software – Quickbooks, Sage, Xero Consulting & Advice

    • South Africa
    • Business Consulting and Services
    • 700 & Above Employee
    • Audit Manager
      • Jul 2018 - May 2019

      Management of multiple audit teams simultaneously. Review of audits of financial statements in compliance with IFRS, German GAAP, IFRS for SME's and other specific accounting policies as well as in line with group instructions received from foreign offices. Review of inter office reporting audits. Preparation of group instructions for inter office reporting in foreign countries. Assist with HR related issues of staff. Review and preparation of projections, analysis, budgets and forecasts based on historical information and assumptions. Review conclusions regarding compliance with relevant laws and regulations. Research new accounting standards and review the implementation thereof. Majority of the duties already listed below. Show less

    • Assistant Audit Manager
      • May 2015 - Jul 2018

      Assume roles and responsibilities of audit managesr whilst audit managers are unavailable (maternity, annual and sick leave).Manage client base to ensure all deadlines are met.Audit preparation, planning and scheduling as well as delegating tasks within budgets and time frames.Assisting directors in solving complex transactions.Assisting with the design and implementation of the Generic Training Plan in accordance with SAICA regulations. Reviewing and assisting interns with the completion of their TSR's, PSR's and ANA's to comply with SAICA regulations. Assisting with the implementating, training of staff and resolving any staff queries in relation to Draftworx, including liasing with Draftworx to resolve any identified software errors.Design of audit working paper templates to use on Draftworx.Reviewing and approval of time sheets and leave requests of interns.Including all audit senior duties listed below. Show less

    • Audit Senior
      • Jan 2013 - Apr 2015

      Completing full audits through the various stages (planning, fieldwork, finalisation) to establish an appropriate audit opinion, forvarious entities: Foreign controlled companies, Retailers, Manufacturers, Property companies, Law firms, Schools, Wine farms, Old agehomes, Non-profit organisationsAudit of agreed upon proceduresIndependent reviews of various entitiesCompilation of financial statements of various entitiesProcessing of accounting records up to trial balance and bank reconciliationVAT processing, reconciliation and submissionCalculation and submission of dividends tax, PAYE, UIF, SDL, VAT, EMP501, income tax and provisional tax of companies, closecorporations, trusts, individuals, Non-profit organisations.Preparation of minutes, certificates and management reports.ForexCarry out initial review of audit working papers and audit files to ensure that the work is in line with the required auditing andaccounting standards as well as specific regulatory requirements (IFRS, IFRS for SME's, Law Society, WCED, EAAB)Training and managing trainee auditors (interns)Liaising and assisting clients with problems, queries and correcting errors on client systemIdentifying weaknesses in client control system and provide suggestions for improvements on weaknessesStock takesSubmission of documentation for IT14SD's and SARS auditsAttend meetings with clients to discuss financial statementsAudit senior and team leader on auditsBBBEE audit (minimal)Group statements (minimal)Attending of training for CPD requirements Show less

    • Completed SAICA Internship / Articles
      • Jan 2013 - Aug 2015

      Completed internship while working at BGR Broodryk Kotzé Incorporated in Wellington. Completed internship while working at BGR Broodryk Kotzé Incorporated in Wellington.

  • CCE Smith Accounting
    • Wellington, South Africa
    • Accounting and Bookkeeping Clerk
      • Apr 2010 - Dec 2012

      Part time whilst studying for Degree Processing of accounting records up to trial balance and reconciliation. Compilation of financial statements VAT processing and submission Part time whilst studying for Degree Processing of accounting records up to trial balance and reconciliation. Compilation of financial statements VAT processing and submission

  • SDK Chartered Accountants CA (SA)
    • Durbanville, South Africa
    • Trainee Auditor
      • Jan 2009 - Mar 2010

      Auditing of financial statements Compilation of financial statements Processing of accounting records up to trial balance and bank reconciliation. VAT processing and submission Income tax calculation and submission Communicating with team members and clients Attending meetings with clients to discuss financial statements Auditing of financial statements Compilation of financial statements Processing of accounting records up to trial balance and bank reconciliation. VAT processing and submission Income tax calculation and submission Communicating with team members and clients Attending meetings with clients to discuss financial statements

    • Started SAICA Internship
      • Jan 2009 - Mar 2010

      Started Internship while working at SDK Chartered Accountants CA (SA) in Durbanville. Started Internship while working at SDK Chartered Accountants CA (SA) in Durbanville.

  • CCE Smith Accounting
    • Wellington, South Africa
    • Accounting and Bookkeeping Clerk
      • 2004 - 2008

      Vacation and part-time whilst studying full time at the University of Stellenbosch, Cape Peninsula University of Technology and attending school at Huguenot High School Processing of accounting records up to trial balance and reconciliation. Compilation of financial statements Vacation and part-time whilst studying full time at the University of Stellenbosch, Cape Peninsula University of Technology and attending school at Huguenot High School Processing of accounting records up to trial balance and reconciliation. Compilation of financial statements

Education

  • CA(SA)
    South African Institute of Chartered Accountants (SAICA), Passed on first attempt APC exam
    2017 - 2018
  • APC Programme
    APT | Accounting Professional Training, Passed all tests on first attempt to qualify for APC exam
    2017 - 2017
  • South African Institute of Charted Accountants (SAICA)
    ITC | Initial Test of Competence, Passed on first attempt
    2017 - 2017
  • South African Institute of Chartered Accountants (SAICA)
    APC | Assessment of Professional Competence for CA(SA)**, **Pending Results February 2018
    2017 - 2017
  • University of South Africa/Universiteit van Suid-Afrika
    Post Graduate Diploma in Applied Accounting Science | CTA2, Financial accounting, Group financial accounting, Management accounting, Taxation, Auditing
    2016 - 2017
  • University of South Africa/Universiteit van Suid-Afrika
    Post Graduate Diploma in Advanced Accounting | CTA1, Financial accounting, Group financial accounting, Management accounting, Taxation, Auditing
    2015 - 2015
  • University of South Africa/Universiteit van Suid-Afrika
    Bachelor of Accounting Science | BCompt, Financial accounting, Group financial accounting, Management accounting, Taxation, Auditing
    2009 - 2013
  • Cape Peninsula University of Technology
    Certificate of Accountancy, Financial accounting, Cost accounting, Auditing, Taxation
    2007 - 2008
  • Stellenbosch University
    Bachelor of Commerce: Mathematical Science (First year)
    2006 - 2006
  • Huguenot High School
    Matriculation Certificate, Afrikaans 1st lang HG, English 2nd lang HG, Mathematics HG, Accounting HG, Biology HG, Science HG

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