Find the right local SA accountant now!

INTERVIEW WITH ACCOUNTANT SHINGAI MHENDURWA

See full profile: Midrand Accountant - Shingai Mhendurwa

 

Were you always planning to be an accountant and why?

Yes I have always planned to be an accounting because I love numbers and I want to grow and advise businesses.

 

When meeting with clients do they mostly come to your own premises or do you mostly go their theirs?

Depends on clients comfortability

 

What is your preferred mode of communication with your clients?

Email, Phone, Face to Face, WhatsApp

 

Have you ever done an online video call with a client?

No

 

What do you love most about accounting?

Financial and Management Reporting and Growth Advisory

 

Would you recommend accounting as a career for school-leavers, and why?

Yes, you will always have a purposes. Accountants are the backbone of businesses.

 

 

What qualities should South African business people be looking for in their accountant?

Accountants that want to grow the business financially. A financially strong business is a powerful business.

 

What is the biggest challenge facing accountants today?

Lack of Clientele

 

What aspects of accounting do you focus on most?

The Financial Performance and Position. Mainly The Cash Financial Performance and Position : - It shows a true reflection of the entity as a whole.

 

Describe your average client:

High Turnover clients ranging from R100K to R1Billion per annum

 

How far away from your premises is your furthest client?

1560 Km

 

From your accounting experience, if you could cite one of the biggest reasons SME's in SA fail, what would it be?

Poor Cash Management, Lack of Cash Flows, Reliable Clients and Lack of Marketing, Poor Strategy execution Lack of Research in the industry the entity is pursuing.

 

What accounting software do you like best?

Self Structured Excel Files

 

What other software, online services or apps do you use?

Self Structured Excel Files, Wave, Sage, SAP

 

Do you think the coming wave of automation in the next few years will steal some accounting jobs and why/why not?

No, because the software does not fully have the capacity to automatically allocate to the appropriate accounting . Let's take for example : A Cash Sale versus Cash Deposit to Increase Capital.

 

What is your opinion on Bitcoin?

It's futuristic, just like the internet. Everybody doubted the internet but now everyone is using the internet . It's just like bitcoin soon it will be a widely used currency.

 

What do you enjoy doing in your spare time?

Running, Gyming, Movies, Reading, Music

 

What is the most interesting thing on your bucket list?

Sky Diving, Bunjee Jumping and Travelling the world .

 

 

See how our other local South African accountants have answered the above questions.