Litha Desmond Ncamane
Financial Assistant
Johannesburg
Summary
Dedicated and detailed-Oriented Financial Assistant with over 3 years of hands-on experience in financial operations, creditors and debtor’s management, cashbook administration, and payment processing. Proven track record at Thekwini TVET College, ensuring accuracy in financial records, compliance with internal controls, and timely payments. Skilled in Pastel, Coltech, and OFC, with a strong understanding of financial policies and procedure. Flexible, reliable, and a strong team player committed to delivering high standards of work and building productive relationships across departments.
Overview
3
3
years of professional experience
Work History
Financial Assistant
Thekwini TVET College
2023.01 - 2025.12
- Creditors Administrator
- Duties:
- Receive, review, and verify Supplier invoice and College Invoice for accuracy.
- Match invoices with purchase orders and delivery receipts.
- Enter invoice details on Pastel/Coltech system for payment processing and ensure GRN/PIN is posted.
- Prepare payment schedules and prioritize invoices based on due dates and pay within 30days as per creditors policy.
- Ensure compliance with payment terms and internal controls.
- Reconciled vendor statements with accounts payable records, ensuring accuracy and resolving discrepancies while addressing billing issues, pricing discrepancies, and payment disputes with vendors.
- Update all creditor payments in the Cashbook against the bank statement. Check for discrepancies for any incurring difference and make a follow up on outstanding
- Insure supplier statements are updated and reconciled before being signed by the Senior State Accountant.
- Maintain and organize accurate records of all accounts payable transactions, including invoices, payments, and supporting documentation. Ensure proper filing and retention of financial documents for audit and reference purposes.
- Monthly creditors reconciliation.
- Assist with generating accounts payable reports, including aging analyses and month-end closing activities.
- CashBook Administrator
- Duties:
- Reconciliation for 12 FNB bank accounts. Retrieval of bank statements, allocation of accounts, uploading of the cash book and performing the bank
- Correctly capture every transaction in all cashbooks. Have supporting documentation and allocate to the correct GL accounts.
- Follow up on unfamiliar transaction and liaise with your Supervisor were necessarily.
- Cleared suspense accounts by following up with departments to identify and resolve unknown transactions. (make necessarily follow up with departments that may know the transaction
- Investigating and following up on leads for the clearing and re-allocation of unknown deposit.
- Reconcile Salaries cashbook and clear out all discrepancies for salary control account in the Trial balance.
- Monitored trail balance and coordinated with state accountant to resolve GL discrepancies and address incorrect GL usage and transaction allocations.
- Debtors Administrator
- Duties:
- Receiving and sorting refund application documents for payments.
- Dealing with student's account and related enquiries using the Coltech System.
- Processing of student refunds.
- Account for every receipt from the student account cashbook and correctly update all debtors sub ledger/student statements.
- Compiled monthly debtor reconciliation, ensuring accuracy in accounts and facilitating timely financial reporting.
- Processing of monthly Cashbooks for student accounts.
- Allocating incoming payments to the correct customer accounts and manage receipts.
- Performing Bank reconciliation.
- Facilitated monthly invoicing of sundry debtors to maintain accurate accounts receivable records. of Sundry debtors.
- Monitor students with outstanding balance of more than two months and liaise with campuses to make follow up.
- Payments Administrator
- Duties:
- Draw up bank statements in OFC and PDF files weekly and monthly for cashbook related duties.
- Pay Salaries every 15th day of every month using ACB file received from HR manager and Senior state accountant.
- Facilitated government (GEPF) and SARS tax payments monthly.
- Processed student refunds.
- Pay stipends month end, 50-100 interns.
- Capturing and submitting EMP201s.
- Pay Creditors through CSV file in batches every week and or single payments(urgent).
- Monitor funds in different accounts daily and make transfers from expenditure account(s) to investments accounts to receive interest.
- OTHER DUTIES:
- Work hand in hand with the State Accountant and the auditors during audit period.
- Oversaw PIN and purchase order control to maintain accuracy and compliance in financial transactions.. Making sure Purchase invoices and payments are correlating and speaking to SCM supervisor for any incorrect GRNs and uncleared PO’s.
- Propose and pass journals when doing mid-year finances and end of year finances, correcting mistakes.
Education
BCOMPT - Financial Accounting
University Of South Africa
Pretoria, South Africa2028-06
National Diploma In Financial Management - Accounting
Thekwini Tvet College
Durban, South Africa 2001.04 -
National Senior Certificate - Accounting
Hunt Road High School
Durban 2001.04 -
Skills
365 (Word, Excel, power point and outlook)
Accounts Payable & Receivable
Cashbook & Bank Reconciliation
Payment Processing (Salaries, Stipends, refunds)
Financial Recordkeeping & audits
Pastel & Coltech System Proficiency
Creditors & Debtors reconciliation
EMP201 Submission & Tax Payments
Journal Entries & GL Allocation
Compliance & Internal Controls
Communication & Problem Solving
Good Inter-personal skills, experience in dealing with suppliers and students
Accomplishments
- Key Accomplishments Include
- -Participated in two successful clean audit outcomes.
- -Processed an average of R8 million monthly.
- -Processed over 30-40 invoices per week.
Timeline
Financial Assistant
Thekwini TVET College
2023.01 - 2025.12
National Diploma In Financial Management - Accounting
Thekwini Tvet College
2001.04 -
National Senior Certificate - Accounting
Hunt Road High School
2001.04 -
BCOMPT - Financial Accounting
University Of South Africa
CONTACT
- +27 81 766 2299
- Lithancamane62@gmail.com
- Willing to relocate