Tsoku Raselimo

Financial Reporting & Management Accountant
Maseru, LS.

About

Results-driven accounting professional with over three years of progressive experience at Lesotho PostBank, specializing in financial reporting, regulatory compliance, and strategic decision support. Proven ability to enhance management reporting, streamline accounting processes, and deliver actionable financial insights that drive profitability. Adept at maintaining accuracy and integrity, leveraging strong analytical and problem-solving skills to support informed decision-making and ensure compliance within a dynamic financial environment.

Work

Lesotho PostBank
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Management Accountant Trainee

Maseru, Maseru District, Lesotho

Summary

Currently serving as a Management Accountant Trainee at Lesotho PostBank, responsible for generating comprehensive financial reports, supporting budget development, and providing critical decision support to management.

Highlights

Led the generation of comprehensive monthly management accounts and critical monthly, quarterly, and annual financial reports for executive management, committees, and the Central Bank of Lesotho, ensuring regulatory compliance and informed strategic decision-making.

Developed and actively monitored the annual budget for the entire Bank, including semi-annual revisions, ensuring optimal resource allocation and fiscal responsibility.

Provided actionable decision support information to management and various business units, contributing to enhanced operational efficiency and strategic planning.

Prepared accurate balance sheets and profit/loss reconciliations, upholding financial integrity and ensuring audit readiness.

Coordinated and prepared comprehensive finance committee and department packs, streamlining reporting processes and facilitating effective governance.

Lesotho PostBank
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Financial Reporting Officer

Maseru, Maseru District, Lesotho

Summary

As a Financial Reporting Officer at Lesotho PostBank, I was responsible for the accurate generation of financial reports, quarterly budget revisions, and providing key decision support to management and business units.

Highlights

Generated comprehensive monthly, quarterly, and annual financial reports for company management, committees, and the Central Bank of Lesotho, ensuring compliance and supporting strategic oversight.

Revised quarterly budgets and provided essential decision support information to management and business units, facilitating informed financial planning and resource management.

Prepared accurate balance sheets and profit/loss reconciliations, enhancing financial data integrity and contributing to successful audit outcomes.

Coordinated and prepared comprehensive finance department packs, streamlining internal reporting and improving stakeholder communication.

Monitored the budget for the entire Bank, contributing to fiscal responsibility and strategic financial management.

Lesotho PostBank
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Accounts Officer Payables

Maseru, Maseru District, Lesotho

Summary

In this role, I managed all financial transactions for payables, ensured procurement compliance, performed critical reconciliations, and managed tax compliance for vendors at Lesotho PostBank.

Highlights

Accurately captured all financial transactions into correct general ledgers and ensured strict adherence to procurement processes for vendor payments, maintaining 100% compliance and mitigating financial risk.

Prepared precise balance sheet, profit/loss, and creditors' monthly reconciliations, contributing to the integrity of financial statements and supporting audit preparedness.

Ensured proper charging of VAT and withholding tax for Resident and International suppliers, guaranteeing full tax compliance and preventing penalties.

Liaised with all Bank departments to sensitize them on finance policies and processes, enhancing cross-departmental compliance and operational efficiency.

Lesotho PostBank
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Financial Reporting Intern

Maseru, Maseru District, Lesotho

Summary

As a Financial Reporting Intern at Lesotho PostBank, I gained foundational experience in preparing management accounts, conducting variance analysis, and assisting with budget monitoring and financial reconciliations.

Highlights

Prepared monthly management accounts and quarterly financial reports for company management, committees, and the Central Bank of Lesotho, providing foundational support for financial oversight.

Conducted monthly variance analysis per cost center, identifying and justifying budget deviations to inform management decisions and optimize resource utilization.

Assisted in preparing balance sheet and profit/loss reconciliations, contributing to the accuracy and integrity of financial statements.

Monitored the budget for the entire Bank, gaining practical experience in fiscal management and supporting financial control processes.

Education

National University of Lesotho
Maseru, Maseru District, Lesotho

Bachelor of Commerce

Accounting

Awards

Certificate of Recognition for valuable contributions to the BComm Association

Awarded By

BComm Association

Recognized for significant contributions to the BComm Association, demonstrating leadership and commitment to academic community engagement.

Certificates

Certified Management Accountant (CMA)

Issued By

Institute of Management Accountants (IMA)

Tax Refresher Training

Issued By

N/A

IFRS Training for Financial Institutions

Issued By

N/A

Reading Financial Statements

Issued By

N/A

Skills

Technical Skills

Financial Reporting, Bank Reconciliation, Statutory Returns, Financial Data Analysis, Accounting Software Proficiency, Compliance Management, Transaction Processing, Accounts Payable Management.

Soft Skills

Analytical Thinking, Attention to Detail, Problem Solving, Team Collaboration, Time Management, Effective Communication.