It’s a game of calculated risks in this woman’s world

With a vibrant smile and an even tougher spirit, Refiloe Nkosi is a woman to be reckoned with. In a world that seems to still be dominated by men, she has made sure to break the stereotype that a lot of women in the corporate and business world still struggle with, to be seen and heard.

Originally from Tjakastad in Mpumalanga, the Daveyton raised Refiloe says she has always had a thing for business.

The SAICA registered Associate General Accountant, studied Accounting and Internal Auditing and trained as an Accountant. After serving her articles and working as an audit supervisor at an audit firm for a year she knew she had to take the leap of faith and start her business.

“I started consulting at Transaction Advisory Firm where I gained further experience in corporate finance and was later challenged by my passion to see businesses grow and assisting government in the area of financial reporting, that is when I started servicing the SME’s through my company that was registered in 2018.”

About the business

Noakalesse Business Solutions is born out of passion and desire to bring solutions to corporations, whether by simplifying business process, enhancing accountability and growth or by assisting incapacitating a company. Noakalesse Business Solutions provides a full range of tax and accounting services for businesses, government, and individuals across South Africa.

“Our services help companies to grow sustainable businesses that are compliant. We are forging our foot within the Small Business Sector assisting mainly in Tax and cash flow management,” she explains.

They also offer consulting services to government and private sector ranging from finance, systems and controls, supply chain management, audit preparation services, asset management services and solutions, transaction advisory, valuations and due diligent services.

“Our mission is to build and facilitate sustainable businesses by providing the analytics, advisory, training and business process solutions.”

For Refiloe building a solutions company is foremost on her mind. She says the business philosophy for Noakalesse is to enable, empower and convey skills and knowledge to clients.

Overcoming challenges

In her business Refiloe initially struggled with building a team that delivers the services in the manner and quality that she desires. This was due to finances not being available while trying to build up the capital to retain talent. She says the business is getting there as they continue to build strong relationships with their consultants and ensuring that they own what goes out to the client and therefore ensuring quality and timeliness.

However, it has been a satisfying journey seeing the SME’s that they have worked with grow, applying systems in their businesses to build legacies rather than just businesses to sustain one from day to day and when the owner passes on the business dies.

“It has been interesting to hear the pressures we have relieved from the business owners since we stepped in to assist on the bookkeeping/accounting function of the business. We’ve come in businesses struggling to manage cashflow and paying suppliers on time and through our interventions we have seen them stabilise.”

No doubt that Refiloe’s journey as an entrepreneur and businesswoman has been tough but her passion and drive has propelled her forward to not only help her clients build a legacy for themselves but to build one for herself.