See full profile: Cape Town Accountant - WILBERT SIBANDA
Were you always planning to be an accountant and why?
I have always aspired to be in a role where I can contribute positively to an organization by providing strategic direction and guidance. My passion for this type of leadership stems from a desire to make a meaningful impact on both the organization and its stakeholders. To pursue this goal, I chose to embark on the CIMA pathway, as it offers a comprehensive focus on strategic management and financial decision-making. Through CIMA, I aim to develop the skills and knowledge necessary to drive organizational success and foster a culture of continuous improvement.
When meeting with clients, do they mostly come to your premises or do you mostly go to theirs?
I mostly go to my clients
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?
The concept serves as the fundamental basis for making informed decisions, playing a crucial role in guiding choices and actions in various situations.
Would you recommend accounting as a career for school-leavers, and why?
I highly recommend, as every organization must make important decisions daily. Accountants provide essential financial insights, analyze data, and help guide strategic planning and budgeting. Their expertise is crucial for informed decision-making and maintaining the organization's financial health.
What qualities should South African business people be looking for in their accountant?
As an advocate for continuous improvement, accountants must understand strategic fit to navigate new disruptors in the business environment. These disruptors, such as technological advancements and changing market dynamics, require a proactive approach. By aligning financial strategies with the organization's goals, accountants can help their companies adapt, stay competitive, and seize new opportunities in a rapidly changing landscape.
What is the biggest challenge facing accountants today?
The constantly changing environment creates uncertainty.
What aspects of accounting do you focus on most?
Internal control, Budgeting and Strategy
Describe your average client:
Small to medium
How far away from your premises is your furthest client?
1400 km
From your accounting experience, if you could cite one of the biggest reasons SMEs in SA fail, what would it be?
While some individuals demonstrate significant talent as entrepreneurs, they often face challenges in relinquishing control and accepting guidance from others. This can hinder the growth and progress of their ventures. Therefore, it is important to recognize the value of collaboration and to consider delegating responsibilities to someone who possesses the necessary skills and experience to steer the business in the right direction. By doing so, entrepreneurs can focus on their strengths while allowing capable leaders to navigate challenges and drive the organization toward success.
What accounting software do you like best?
Sage, QuickBooks
What other software, online services or apps do you use?
Sage Payroll, Draftworx
Do you think the coming wave of automation in the next few years will steal some accounting jobs and why/why not?
AI poses a real threat and disrupts various industries due to its cost-effectiveness. Many companies are adopting AI solutions to enhance efficiency and streamline operations, which may significantly alter the job landscape as they seek to remain competitive.
What is your opinion on Bitcoin?
The concept of Bitcoin has not gained much traction in this region due to limited awareness. However, as countries adopt advanced information systems, the potential for Bitcoin's acceptance is likely to grow. Improved technology and education on cryptocurrencies will help more people recognize their benefits, paving the way for wider adoption in the future.
What do you enjoy doing in your spare time?
Watching football and watching wildlife documentaries
What is the most interesting thing on your bucket list?
Our goal is to expand the firm and support small organizations in achieving their objectives.
What has your experience been on FindanAccountant?
Its seamless.
See how our other local South African accountants have answered the above questions.
