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Lourens Cornelissen is a seasoned accounting professional with over 18 years of experience in various financial disciplines, including financial accounting, analysis, and modeling. He has worked with several municipalities and organizations, providing financial services such as budgeting, financial statements, and cash flow management.

Experience

    • Consultant
      • Oct 2005 - Present

      Assist municipalities in various financial disciplines in order to bring financial records and reconciliations up to date, compiling asset registers, drafting financial statements, drafting budgets, train and capacitate staff, audit and establish procedures, migration from the IMFO/ GAMAP Reporting Framework to the GRAP Reporting Framework, interpretation and completion of National Treasury Budgeting Schedules A, B and C, etc.As from the financial year ended 30 June 2018, I am involved in the compilation of financial statements in terms of the mSCOA introduced by National Treasury

    • Consultant
      • Mar 2001 - Oct 2005

      Assist municipalities in various financial disciplines in order to bring financial records and reconciliations up to date, cash flow management where they experienced severe shortages, train and capacitate staff, audit and establish procedures, drafting financial statements, etc.

  • Q-Data Consulting (Pty) Ltd
    • Cape Town Area, South Africa
    • Consultant
      • Nov 1997 - Feb 2001
      • Cape Town Area, South Africa

      Giving input and testing functionality in a project developing a comprehensive application system for local government. Assistance with data conversion, training of staff, setup and implementing of the Revenue Module of the Venus computer application system at various local authorities.

  • National Data Systems
    • Cape Town Area, South Africa
    • Manager: Local Authorities
      • Jul 1995 - Oct 1997
      • Cape Town Area, South Africa

      Responsible for the administration, finances and personnel. The 14 members of the team was tasked with the development, support and marketing of the application, and I was involved with the specifications and testing of new applications. Monthly and quarterly financial and progress reports to head office in Johannesburg and the Industrial Development Corporation.

  • Cape Metropolitan Council
    • Cape Town Area, South Africa
    • Principal Accountant: Revenue
      • Jun 1994 - Jun 1995
      • Cape Town Area, South Africa

      Management of the Revenue Section with120 employees tasked with all aspects of Assessment Rates, Electricity, Housing, Refuse Removal, Sewerage, Water and Sundry Revenue.

    • Town Treasurer (Chief Financial Officer)
      • Apr 1991 - May 1994

      Management and overhead control of the Department of Finance and responsible for the drafting of the municipality’s Budgets, closing off of the financial year and the drafting of Financial Statements.

    • Deputy Town Treasurer
      • Aug 1989 - Mar 1991

      Assisting in the management of the Department of the Town Treasurer comprising 44 officials and responsible for the drafting of the municipality’s Budgets, closing off of the financial year and the drafting of Financial Statements.

    • Town Treasurer (Chief Financial Officer)
      • Aug 1983 - Jul 1989

      Management of the department with 18 employees; advise and guide the Council and its senior management team on financial matters and drafting of municipality’s Operating and Capital Budgets and the Financial Statements with relevant reporting.

    • Assistant Town Treasurer
      • Aug 1979 - Jul 1983

      Closing of financial records up to the trial balance, including the reconciliation of Salaries and Wages, Stock, External and Internal Loans, Debtors, Creditors, Bank and a whole lot of suspense accounts. Responsible for the investment of municipality’s surplus funds, taking up of External Loans and the keeping of the various fund accounts. Implemented computer applications like Salaries and Wages, Creditors and Stock, Levies and Debtors, Job and Vehicle Costing.

  • Oude Meester (Pty) Ltd
    • Stellenbosch, Cape Town Area
    • Accounting Clerkj
      • Jan 1979 - Jul 1979
      • Stellenbosch, Cape Town Area

      Responsible for the monthly reconciliation of creditors and the drafting of Financial Statements of subsidiary companies (mainly registered trade marks).

  • HJ Liebenberg & Kie Auditors
    • Keetmanshoop, Namibia
    • Auditor's Clerk
      • Jan 1977 - Dec 1978
      • Keetmanshoop, Namibia

      In the case of smaller firms I would do everything up to Financial Statements. Dealing with bigger firms I was assisted by the partner in the Final Statements and the analysis thereof, together with the audit reports.

  • University of Pretoria
    • Pretoria Area, South Africa
    • Clerk
      • Mar 1976 - Dec 1976
      • Pretoria Area, South Africa

      Involved with clerical work in the Faculties of Law and Theology. Duties included the registration of students, all correspondence with students, processing of results and the taking of minutes at faculty meetings.

  • Nissan Motor Corporation
    • Rosslyn, Pretoria Area
    • Assistant Accountant
      • May 1974 - Feb 1976
      • Rosslyn, Pretoria Area

      Salary section: Responsible for the calculation and payment of the weekly and monthly salaries and wages of approximately 5 000 employees, as well as the payment of various deductions and contributions to the responsible institutions, and the reconciling of the various control accounts.Parts division: Responsible for the calculation of the prices of parts imported from Japan, the monthly financial reports of the division and the annual stocktaking.

  • Malan & Du Preez Auditors
    • Pretoria Area, South Africa
    • Registered Auditor’s Clerk
      • Feb 1974 - Apr 1974
      • Pretoria Area, South Africa

      Audit of financial transactions, reconciliations and staff records.

  • HJ Liebenberg & Kie Auditors
    • Keetmanshoop, Namibia
    • Registered Auditor’s Clerk
      • Oct 1972 - Jan 1974
      • Keetmanshoop, Namibia

      Responsible for the updating and balancing of the records of clients up to trial balance stadium. In cases where audits were performed, I was basically involved in transaction audits.

  • South African Army
    • Grootfontein, Namibia
    • Soldier
      • Jan 1972 - Sep 1972
      • Grootfontein, Namibia

      Compulsory Military Training.

Education

  • 1974 - 1976
    University of Pretoria/Universiteit van Pretoria
    Bachelor of Commerce (BCom), Accounting and Finance

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Industry Focus. “Accounting”

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