

Carol Mmakola
Retail
Services provided
Carol is a dynamic Ecommerce Business Analyst who has successfully pivoted her career from financial accounting to focus on the fast-paced e-commerce sector. Currently at OneCart, a Massmart acquisition, Carol has leveraged her extensive experience in financial analysis and treasury management to drive key initiatives in her current role. She excels in building financial models, analyzing e-commerce transactions, and providing critical insights that support business growth. Her background at Rand Merchant Bank (RMB), where she managed treasury operations, conducted forecasting, and evaluated liquidity for multimillion-rand deals, has equipped her with a unique blend of financial expertise and strategic vision. Carol's skills in risk analysis, financial analysis and data-driven decision-making make her a valuable asset in business partnering and decision support. She holds a B Com in Accounting from the University of Johannesburg and is advancing her studies in Management Accounting (CIMA).
Experience
Carol Mashane Mmakola is an accomplished financial professional with a strong foundation in accounting and a recent career pivot into e-commerce business analysis. She brings a wealth of experience from various industries, having worked in roles such as Financial Accountant at Rand Merchant Bank (RMB) and Silverbridge Holdings, as well as a Cluster Accountant at Recruitco.
At OneCart, now part of Massmart, Carol has excelled in building financial models, analyzing e-commerce transactions, and providing strategic insights that drive business growth. Her treasury experience at RMB, where she managed liquidity and evaluated multimillion-rand deals, has equipped her with a deep understanding of financial processes and risk management.
In her previous roles, Carol demonstrated a commitment to process optimization, financial control, and compliance, leading initiatives that improved operational efficiency and accuracy. Her ability to bridge the gap between technology and business has consistently delivered valuable insights, enhancing digital literacy and data analytics proficiency within the organizations she has served.
Carol holds a B Com in Accounting from the University of Johannesburg and is advancing her studies in Management Accounting (CIMA). She is also actively involved in mentoring and leadership initiatives as a Meeting and Event Coordinator for Awethu Amandla Women’s Network.
Education
B Com Accounting – University of Johannesburg: Carol's foundational degree provided her with comprehensive knowledge in accounting principles, financial management, and business practices.
Management Accounting (CIMA Managerial Level) – IBTC: Currently advancing her expertise in management accounting, Carol is pursuing her CIMA qualification, focusing on strategic financial management and decision-making.
AI in Business with Merit – GIBS Business School: This program enhanced Carol's understanding of the role of artificial intelligence in business, equipping her with the skills to leverage AI for optimizing business processes and decision-making.
Financial Modelling and Analysis – University of Cape Town: Carol gained specialized skills in building and analyzing financial models, which she applies in her current role to forecast and evaluate business performance
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