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Thabang Andrew Lekoloane is a seasoned finance professional with 15 years of experience in auditing, financial management, and taxation. As Managing Partner at Malesh Chartered Accountants Inc, he has led the firm to achieve accreditation as a training centre for accounting graduates by the South African Institute of Professional Accountants (SAIPA). With expertise in municipal finance, Thabang has held key positions in various municipalities, including Chairperson of the Financial Misconduct Board at City of Polokwane and Audit Committee Member at Capricorn District Municipality. He holds a Master of Business Administration (MBA) from the University of Limpopo and is a certified Strategic Level Professional in Accounting and Finance from CIMA.

Experience

    • Managing Partner
      • Jan 2012 - Present

      Malesh Chartered Accountants Inc is a professional accounting firm, with demonstrated track record in assisting businesses with accounting records preparation & maintenance, tax compliance and business advisory services. Our vision is to be a leading accounting firm and employer of Choice. Among other milestones which we have achieved during our existence, is our accreditation as a training centre (ATC) for accounting graduates, by the South African Institute of Professional Accountants (SAIPA). We are incredibly proud of being able to provide training to aspiring professional accountants, create jobs and give back to our communities, through this accreditation.

    • Malesh Chartered Accountants Inc
      • Jan 2009 - Dec 2011

      Accountant (SAICA Articles equivalent experience)

    • South Africa
    • Government Relations
    • 700 & Above Employee
    • Chaiperson of Financial Misconduct Board
      • Aug 2023 - Present

      Chair meetings of the board. Carry out investigations on allegations of financial misconduct and make recommendations to Municipal Council.

    • Audit Committe Member
      • Mar 2023 - Present

      Review of quarterly financial, performance, compliance, risk management and internal audit reports. Review of draft IDP/ Budget and SDBIP documents. Review of annual financial statements (AFS) and annual performance reports(APR). Review of external auditor (AGSA)'s audit strategy, draft management report and audit report.

    • Audit Committee Member
      • Aug 2021 - Present

      Oversight over financial reporting, internal audit, external audit, compliance with key legislation, risk, IT and performance management.

    • Founder and CEO
      • Sep 2015 - Present
      • Polokwane

      Excellent Minds Institute specialises in public sector accounting support, preparation/ review of financial statements, audit support, assets verifications; fixed assets registers preparation, finance policies reviews, internal audit and accredited trainings. Over the past eight (8) years we have consistently rendered these services to municipalities, with high level of dedication and professionalism.For more information, visit our website www. excellentminds.co.za.

    • Chairperson of Audit Committee
      • Jan 2020 - Dec 2023
      • Lephalale

      As the leader of the Committee, I conducted effective meetings, performed reviews and advised in areas of financial reporting, external & internal audit, risk management, compliance with key laws & regulations and performance management.Through my leadership skills as Chair of audit committe, the municipality has improved its audit outcome from qualified to unqualified with findings and further managed to sustain Unqualified audit outcome in 2020/21 and 2021/22 financial year while also reducing number of audit queries significantly.

    • Audit Committee Member
      • Oct 2017 - Sep 2023
      • Molemole

      My key performance areas were provision of oversight through conducting reviews and advising on matters pertaining to financial reporting, in year reporting external & internal audit, risk, compliance with key laws & regulations and performance management.Through our reviews of AFS, APR and oversight on compliance matters, the municipality has managed to maintain Unqualified audit opinions in 2017/18, 2018/19, 2019/20 & 2020/21 audit cycles.

  • Capricorn District Municipality
    • Polokwane, Limpopo, South Africa
    • Audit Committee and Performance Audit Committee Member
      • May 2020 - Apr 2023
      • Polokwane, Limpopo, South Africa

      My responsibilities were to perform reviews and make recommendations in areas of financial reporting, external & internal audit, risk, compliance with key laws& regulations and performance management.Through our oversight work, advices and support, the municipality has achieved clean audit and unqualified audit outcomes from AGSA in 2019/20 and 2020/21 financial years respectively.

    • Audit Committee Member
      • Jul 2018 - Mar 2020
      • Mokopane

      Oversight over financial reporting, external & internal audit, risk management, compliance with key laws & regulations and performance management.

    • Lecturer
      • Jan 2014 - Jun 2015
      • Polokwane

      Providing lectures in Financial & Management AccountingProviding mentorship to studentsSetting and marking tests and assignmentsModerate tests for other lecturersCompile Portfolio of Evidences for submission to HOD.

    • Founder and Manager
      • Jan 2007 - Dec 2012

      TAL Travels is a travel agency business which specialises in provision of travel agent services such as hotels, flights and car hire bookings for government departments and minicipalities.The company grew to service over 10 government departments and municipalities and achieved accreditation with Association of South African Travel Agents ( ASATA).As a business manager, I was responsible for managing finances, customer service ( accommodations, flight nd car rental bookings), marketing, liaising with government departments and oversee strategy implementation.

Education

  • University of Limpopo
    B.Com Honours (Accounting)
  • University of Limpopo
    B.Com (Accounting)
  • 2013 - 2014
    University of Limpopo
    Master of Business Administration - MBA, Finance, Entrepreneurship and Global Strategy
  • 2021 - 2021
    CIMA
    Strategic level, Accounting and Finance
  • 2022 - 2022
    Institute of Internal Auditors South Africa
    Certificate in performing effective quality reviews

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