KOKETSO MADITSI
Treasury Administrator
Springs
Summary
Dedicated Treasury professional with history of meeting company goals and objectives by utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situation and challenges to best enhance the organizational brand.
Overview
10
10
years of professional experience
14
14
years of post-secondary education
Work History
Acting Treasury Manager
Gibela Rail Transport Consortium RF (Pty) Ltd
03.2022 - Current
- Prepare and Present Daily, weekly, and monthly Cash flow forecast to company senior Management
- Monitor Local and foreign bank accounts to ensure optimal returns and investment of excess funds (Money Market and Cash Management)
- Ensure that sufficient funds are available to meet ongoing operational requirements
- Oversee the FICA and KYC process and all the SARB approvals and regulations
- Payments and Receipt administration (facilitate foreign payments, receipts and FX deals from our CFC accounts and ensure that they are released within cut-off time)
- Open, close and maintain Bank accounts and beneficiaries on online banking system
- Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
- Clear and link receipt of customers
- Prepare monthly unrealized and realized FX reconciliation
- Provide leadership for all aspects of day-to-day FX operations from execution to settlement
- Monitor the activities of third parties handling outsourced treasury functions on behalf of the company
- Management of online banking system including giving instruction to the bank as and when required
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities (Liaising with Banks, regulators like SARB, internal and external auditors)
- Resolution of queries raised with offshore units
- Accurate calculations of hedging entries in terms of IFRS
- Follow up on all unreconciled deposits and payments and ensure no items over 30 days
- Monthly Intercompany loans reconciliation (Local and Foreign Loans)
- Prepare Bank reconciliation of all banks (Local and Foreign banks)
- Timeous and accurate remeasurement of foreign instruments (loans, interest, foreign invoices)
- Maintain banking relationships
Treasury Administrator
Gibela Rail Transport Consortium RF (Pty) Ltd
02.2019 - 03.2022
- Prepare and share daily, weekly, and monthly Cash position with senior management
- Oversee the FICA and KYC process and all the SARB approvals and regulations
- Payments and Receipt administration (facilitate foreign payments, receipts and FX deals from our CFC accounts and ensure that they are released within cut-off time)
- Prepare Bank reconciliation of all banks (Local and Foreign banks)
- Clear and link receipt of customers
- Open, close and maintain Bank accounts and beneficiaries on online banking system
- Maintain a system of policies and procedures that impose an adequate level of control over treasury activities (Liaising with Banks, internal and external auditors)
- Follow up on all unreconciled deposits and payments and ensure no items over 30 days
- Monthly Intercompany loans reconciliation (Local Loans)
- Always ensure Petty cash balances
Book Clerk
Manica South Africa (Pty) LTD
02.2015 - 02.2019
- Maintain & reconcile all cashbooks for all banks Supervise funding request and payments,
- Perform month end reconciliations the day after AR and AP postings have closed
- Download and import bank statements into the bank reconciliation app daily
- Updating existing and adding new creditors & debtors’ details on online banking
- Payments and Receipts processed daily
- Follow up on all unreconciled deposits and payments and ensure no items over 30 days
- Ensure Petty cash balances daily
- Assist with ad-hoc assignments as required
- Process creditor invoices and prepare month end payments accordingly
- Update the cash-flow management schedule daily
- Ensure adequate controls and compliance with corporate bank account management and disbursement policies
- Management of all key relationships including interbank (local and foreign)
- Assist in anticipate borrowing needs and available funds for investment and advise Senior Executives of loans and investments
- Work with the Treasury Manager Supervisor to establish strategic goals and priorities for the Cash Management function
- Assist in developing the Cash Management budget with guidance and input from the bank management
Billing Officer
Moso Consulting Services (Pty) LTD
06.2014 - 05.2015
- Prepare Monthly billing for various companies
- Ensure the billing schedule is received timeously
- Follow on queries and ensure they are resolved with 15 days
- Assist Billing Manager with consolidated billing report
Customer and Service consultant
FIRST NATIONAL BANK
08.2012 - 05.2014
- Buy and sell forex cash on behalf of the bank
- Sell Banks Various products (Investment, Transactional, Loans, and insurance)
- Advice customer on which products to consider
- Serve notice for customers on notice accounts
- Open and Close personal and Business bank accounts
- Resolve customer quarries timeously
- Activate and deactivate customer bank cards
Education
CIMA ADV DIP. MANAGEMENT ACCOUNTING (MAN LEVEL) - CIMA
IMAS
Johannesburg, South Africa 03.2022 - Current
CIMA DIP. MANAGEMENT ACCOUNTING (OPT LEVEL) - CIMA
IMAS
Johannesburg, South Africa 01.2018 - 08.2021
B-Tech - Cost and Man. Accounting
Vaal University of Technology
Vanderbijlpark, South Africa 01.2011 - 07.2014
National Diploma - Cost and Man. Accounting
Vaal University of Technology
Vanderbijlpark, South Africa 01.2008 - 11.2010
High School Diploma -
Botebo-Tsebo Sec.
Vereeniging, South Africa 01.2004 - 05.2007
Skills
Language Proficiency English, Sepedi, Isizulu and Setswanaundefined
Additional Information
- CURRICULUM VITAE OF
Accomplishments
- Documented and resolved Lack of Petty cash Procedure which led to more organized expenditure which makes business sense
- Opened New Credit Cards for Executive members by introducing Product offered by one of banks after emence research.
- Collaborated with Site Controller in the development of Credit card procedure
- Tasked by the Finance manage to manage Finance check list when employees leave the organization
Trusted to handle Treasury department in a multimillion project
Drawing from my excellent work as a treasury administrator, I was trusted and tasked to take over the scope of my former manager as an Acting treasury manager from March 2022 to date.
Timeline
CIMA ADV DIP. MANAGEMENT ACCOUNTING (MAN LEVEL) - CIMA
IMAS
03.2022 - Current
Acting Treasury Manager
Gibela Rail Transport Consortium RF (Pty) Ltd
03.2022 - Current
Treasury Administrator
Gibela Rail Transport Consortium RF (Pty) Ltd
02.2019 - 03.2022
CIMA DIP. MANAGEMENT ACCOUNTING (OPT LEVEL) - CIMA
IMAS
01.2018 - 08.2021
Book Clerk
Manica South Africa (Pty) LTD
02.2015 - 02.2019
Billing Officer
Moso Consulting Services (Pty) LTD
06.2014 - 05.2015
Customer and Service consultant
FIRST NATIONAL BANK
08.2012 - 05.2014
B-Tech - Cost and Man. Accounting
Vaal University of Technology
01.2011 - 07.2014
National Diploma - Cost and Man. Accounting
Vaal University of Technology
01.2008 - 11.2010
High School Diploma -
Botebo-Tsebo Sec.
01.2004 - 05.2007
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