072 296 3417

54a Von Williegh Street, Rustenburg 0300

BACKGROUND

Hluma Financial Service (Pty) Ltd, established in May 2010, is a dynamic small to medium business consulting firm specializing in a wide array of financial and non-financial services. Founded by Alicia Mtyelwa, a 100% black female owner and Managing Partner, our firm is dedicated to promoting diversity and empowerment within the accounting profession.


We are committed to advancing the presence of black Chartered Accountants in South Africa by prioritizing the employment of previously disadvantaged individuals. Upholding the highest standards of ethics and professionalism set by the Independent Regulatory Board of Auditors, we continuously adapt to evolving business and political landscapes to better serve our clientele. Since 2014, we have expanded our scope to include sourcing, marketing, and distributing cutting-edge medical equipment technology to healthcare institutions across South Africa.


Our focus remains on delivering quality products and services, ensuring effective processes and sustaining profitable demand.

Ms ALICIA TJALE (NEE MTYELWA)

Chartered Accountant (SA), Registered Auditor, Registered B-BBEE Verification Auditor

Education

B Com (UDW), Hons B Compt (UKZN), CA (SA), Registered Auditor (RA)

Professional Work Experience:

Ms. Alicia Tjale (nee Mtyelwa), a Chartered Accountant (SA), Registered Auditor, and Registered B-BBEE Verification Auditor, brings extensive expertise in income and debtors’ management. Her experience includes preparing budgets and forecasts, maintaining cash flow forecasts, and analyzing financial information and variances. She is proficient in compiling, reporting, analyzing, and auditing Annual Financial Statements, as well as preparing accounting records, trial balances, and financial statements.


Ms. Tjale excels in reconciling general ledger accounts, conducting bank, payroll, and creditors reconciliations, and maintaining fixed assets registers in accordance with Section 284 of the Companies Act.


Her skills extend to preparing audit reports, accounting officers’ reports, and monthly management accounts, and she has a strong background in performing ad-hoc audits and investigations into suspected fraud and non-compliance. Additionally, she is adept at preparing and submitting VAT returns for companies and individuals, and possesses extensive knowledge of GAAP, IFRS, PFMA, Treasury Regulations, Water Services Act, King II and III, and Companies Act regulations.

Board committees:

  • Member of NWDC Audit and Risk Committee- Current
  • Chairperson of Rustenburg Performance Audit Committee- 2015

Companies Worked for:

Ms. Alicia Tjale (nee Mtyelwa) has applied her expertise in financial management, auditing, and compliance at various notable companies and organizations throughout her career.

  • Auditor General North West Office- Senior Manager
  • Magalies Water- Financial Consultant
  • Grinpal Energy Management (Pty) Ltd- Financial Manager
  • Ngubane &Company Inc CA(SA)- Audit Manager
  • Ngubane & Company Inc CA(SA)- Completed Articles
  • South African Revenue Services- Post Clearance Inspector

She also handled assignments for the following clients

  • Prepared Annual Financial Statements for South African Airways.
  • Conducted statutory audits for:
    • Toyota: Tool and Die Division
    • Afrisun: Zimbali Lodge
    • Ithala Development Finance Corporation
    • Ethekwini SEDA
    • General Public Service Sectoral Bargaining Council
    • Mawenzi Group of companies
  • Provided internal audit services to the South African Police Services.
  • Managed financial operations for Magalies Water.
  • What Our Clients Say

    Partnering with Hluma Financial Service has transformed our organization. Their expertise in financial consulting and unwavering support have been invaluable. We are now more efficient and better equipped to serve our community.

    Siyakhanyisa HIV/AIDS Group

    Hluma Financial Service's dedication to excellence is evident in every project they undertake. Their team provided exceptional financial and audit services, helping us improve our financial management and transparency. We highly recommend their services.

    Pixley Ka Seme Local Municipality

    Thanks to Hluma Financial Service, our financial processes are more streamlined and effective. Their professionalism and commitment to our cause have been truly inspiring. We couldn't have asked for a better partner.

    Bethuel Molotsane Trust