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INTERVIEW WITH ACCOUNTANT FIKILE FUTWA

See full profile: Randburg Chartered Accountant - Fikile Futwa

 

Were you always planning to be an accountant and why?

Yes, the first time I heard about accounting was at high school and I fell in love with the subject. I love that as an accountant I help others get a better understanding on their numbers so that they can make informed decisions.

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

My clients come to my office

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?

Yes

What do you love most about accounting?

I love that I can simplifies numbers for my clients, help them understand what is going on in their business.

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

Of course, a career in the accounting industry can be very diverse, there are constant changes in standards, laws, regulations which make it very interesting and challenging.

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

1) Honesty and integrity; 2) Positive attitude; 3) Professionalism; 4) Great Service

What is the biggest challenge facing accountants today?

Reputational damage to the profession which impacts on the clients trust

What aspects of accounting do you focus on most?

1) Independent Reviews; 2) Accounting and Payroll; 3) Taxation

Describe your average client:

Our focus is on small to medium clients or entrepreneurs who do not want the hassle of doing their books or tax or payroll etc but rather focus on running their businesses whilst we do our magic to ensure that their financial records and requirements are met.

How far away from your premises is your furthest client?

Over 50kms

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

Cashflow management caused by lack of proper budgeting, not being get paid on time, lack of savings for rainy days, contractual challenges etc. Money is not saved or stretched to ensure that months when the clients don't pay the business continues.

What accounting software do you like best?

Pastel Partner

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

Pastel Payroll & HR, Draftworx, SARS Easyfile

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

No, I think automation will complement what we do. I don't believe technology can replace human experience, knowledge, skill, customer service etc

What is your opinion on Bitcoin?

The way the price for Bitcoin has increased, it's interesting to see where it will end up.

What do you enjoy doing in your spare time?

I spend time with hubby and our two most beautiful children:) I love cooking, I watch cooking shows MasterChef, MKR, Siba's table you name it.

What is the most interesting thing on your bucket list?

Go on a culinary adventure around the world experiencing different foods:)

What has your experience been on FindanAccountant?

It is good platform for getting clients.

 

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