Summary
Overview
Work History
Education
Skills
Timeline
Generic
Maiya Govender

Maiya Govender

Cash Management Specialist
Chartwell

Summary

Unit trust / Lisp Cash Management & Reconciliation Specialist, Unit Trust / LISP Administrator Offering 20 Years’ Experience, With Extensive Knowledge and Experience in Unit Trust and LISP Finance and Administration. Organised and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

26
26
years of professional experience
2
2
years of post-secondary education
1
1
Language

Work History

Fund Cash Management Specialist

FNZ
10.2014 - Current
  • Preparation of Cash forecast
  • Reconciliation of cash management function i.e., bank holding, unpaid
  • Reconciliation of daily payments / collections to supporting documentation before payments are released
  • Reconciliation of monthly Income Distribution to the Funding report before payments are released
  • Co-ordinate daily payments/ collections to and from a variety of destinations accounts
  • Understand and plan for the various bulk batches that are run during the month
  • Ensure reconciliation of daily payments / collections to supporting documents before being released
  • Prioritising Institutional Client and Institutional Adhoc payments
  • Ensure that manual EFT instructions to be processed are authorised
  • Timely requesting payments funding from clients for certain transaction types to ensure that there are no overdraft results
  • Review cash forecast to predict the cash flow and balance to reduce the risk of insufficient funds
  • Preparing daily funding reports and determine funding requirements
  • Creating and releasing redemption on central park via HOST TO HOST
  • Reconciliation of creation and liquidation on central park
  • Ensuring that payments are processed and authorised within banking cut off times
  • Balancing the creation and liquidation back to the reports from the specialist admin (pricing team) team
  • Cash book value 10 billion, payments via HOST-TO HOST
  • Capturing and authorisation payments of all bank accounts daily
  • Business banking in (FNB, STD BANK, ABSA, NEDBANK, STD CHARTED)
  • To be available at all times when payments are required to be authorised
  • Processing and authorized manual EFT payments
  • Submit payments for processing to accounts payable
  • Reconciliation of monthly income distribution funding report to income distribution payment report
  • Understand and plan for various bulk batches that run during the month
  • Month end payments, commission, debit orders, once off debit order, annuities, etc
  • Manage the SLA to ensure those payments deadlines are met
  • Timely requesting funding from clients to ensure that there is no overdraft impact on bank accounts
  • Check bank statements to ensure that funds are reflecting otherwise follow up with the bank
  • Follow up on email in the cash management box and take appropriate action
  • Manage and resolve daily queries on AWD cues and inbox from client services
  • Liaise with client services to resolve queries
  • Dealing with external queries
  • Liaise with client services to resolve queries
  • Ensure that all appropriate internal controls are functioning effectively at all times
  • Rise any system delays and issues immediately
  • Communication with our clients and building relationships, (STANLIB, SANLAM, PSG, INVESTEC, NEDBANK COLLECTIVE INVESTMENTS, PRUDENTIAL, INVESTMENT SOLUTIONS, ASHBURTON, ALEXANDRA FORBES)
  • Preparing process documentation on all cash management process
  • Training of staff
  • Testing new and existing processes and system enhancements end-to-end
  • Working on Project On boarding and off boarding of funds and testing of all go live and new client take-on
  • I have been activating involved in the PSG HTH project and testing ensuring that this was a smooth transition
  • I have done the live penny testing
  • I have taken on the Stanlib Distribution Funding to standard chartered project
  • This has been very successful with no issues
  • I have been involved with the Stanlib Namibia Icompare project
  • All online banking payments/collections and transfers to move from online banking to HTH Project

Reconciliation Administrator

FNZ
02.2014 - 10.2014
  • Handle Operational functions: Recons:
  • Reporting on internally and to external clients (Daily and Weekly)
  • Daily Creditors Reconciliation
  • Daily Debtors Reconciliation
  • Daily Inflow reconciliations of deals going to market
  • Liaise with external parties/clients
  • Confirming Manual payments from client services
  • Checking details for automated payments (Redemptions, dividend distributions and commission payments)
  • Reconciling of Commission processing and payments
  • Reconciling of Distribution payments
  • Instructing Internal money movements
  • Resolving all queries
  • Ad-hoc duties: new projects and testing
  • Assist other teams with regards to payment maintenance
  • Analyse and assist in the improvement of process change

Business, Administrator

Lisp New, FNZ
07.2012 - 01.2014

ETF Administrator

Investment Plan, Automated Outsourcing Limited, AOS
04.2010 - 06.2012
  • Accurate capturing and processing of clients’ debit orders instructions - Maintain Standing Instructions (MSI) E.g., Increasing/decreasing existing debit orders, changing debit order dates, changing banking details, increasing/decreasing escalation, cancelling debit orders
  • Processing of Redemption / Repurchase as per client’s instructions
  • Processing of Switches as per client’s instructions
  • Processing of New Business applications – Debit orders and lumps sum applications
  • Acquiring documents via workflow system
  • Ensuring the SLA deadlines are adhered to in terms of processing
  • Reviewing client’s instructions to ensure that FICA requirements are met
  • Following up with clients for outstanding documents
  • Resolving of internal and external queries
  • Ensuring that ad hoc admin processes are completed timorously (Daily mail and EOD)
  • Ensuring appropriate and timorous resolution of all client queries
  • Dealing with client queries directly with clients
  • Having basic understanding of the E F T product requirements
  • Managing workload independently to ensure daily deadlines are met
  • Displaying decision making abilities regarding client requirements
  • Persistence to getting tasks completed according to standards provided
  • Accountability (liable and responsible) for relevant tasks
  • Listening to clients to gain clarification and agreement
  • Providing relevant feedback to all parties concerned
  • Dealing with irate clients

Reconciliation and Banking Administrator

Unit Trust Finance Automated Outsourcing Limited
10.2009 - 04.2010
  • Reconciliations
  • Daily reconciliations of All Inflow and Payaway Recons for Managing companies (Mancos) E.g
  • ABSA, Acsis , Cadiz, Personal trust, GTC, Prime, BJU, Flagship, Tri – linear, etc
  • Bank Reconciliations – Allocation of payments and receipts
  • Running Distributions for Companies re-investments and pay-outs
  • Preparation of the Distribution recon
  • Payments of creditors
  • Completing reconciliation of operational bank accounts by 16h00 daily, for review by the section head, and monthly review by the manager
  • Resolving unreconciled items within 24 hours, providing feedback on outstanding items
  • Printing daily balances of all fund accounts from electronic banking
  • Monthly update of bank charges, interest received, and interest paid data on excel spreadsheets
  • Generating Debit orders and payment for the clients
  • Running payments for brokers’ commissions, reconciling and forwarding the reports to clients
  • Payments of redemptions to clients
  • Printing of daily reports - Flexcube
  • Printing of daily bank statements
  • Balancing transaction summary report ( Flexcube report ) and bank statements
  • Signing off recons before submitting to clients
  • Facilitating client’s Fund Distribution dates and periods
  • Freezing of units for Mancos and the running of the Income Distribution process
  • Entering of Manco’s EPU’s (Earning per unit)
  • Reconciling Income Distribution Precheck
  • Submitting to client for the confirmation to proceed
  • Running the Income Distribution process on Flexcube
  • Facilitating Recons month end packs and signing off
  • Banking
  • Responsible for all payments and collections that are done electronically on Cashfocus and Cats
  • Processing all banking request as per instruction
  • E.g., Redemption, Creations / Liquidations, Switches, Debit Orders
  • Capturing and processing of Money Market Instructions - Redemption, Creations or Liquidations before daily cut –off
  • Ensuring that all backup documents are attached before payment is done and released
  • Ensuring that the appropriate deadlines are agreed to and met
  • Ensuring all daily duties are processed as per checklists
  • Ensuring that the correct reports are sent to clients
  • Generating the commission and trail commission reports
  • Reconciling and pay out of the commissions and trail commissions
  • Generating the monthly debit order reports
  • Reconciling and processing the collection of monthly debit orders
  • Ensuring for accuracy and completeness
  • Communicating bank related details to the required parties
  • Following up and escalating outstanding banking items
  • Checking to see if releases are done timorously
  • Generating audit reports
  • Ensuring appropriate and timeouts resolution of all queries
  • Ensuring ad hoc requests and outside standard offering are resolved appropriately

Reconciliation Team Leader

Unit Trust Finance Automated Outsourcing Limited, AOS
09.2007 - 10.2009
  • Managing the Liabilities Reconciliation Team
  • Ensuring that the SLA objectives are met in terms of business processes
  • Ensuring that the recon deadlines are met
  • Facilitating team decisions and training needs for administrators
  • Pursuing regular progress discussions with administrators
  • Setting and monitoring clear goals and expectations for administrators
  • Communicating change
  • Providing a strong support structure to the Liabilities Admin Managers
  • Checking the daily reconciliations of All Inflow and Payaway Recons for Managing companies (Mancos) E.g
  • ABSA, Acsis , Cadiz, Personal trust, GTC, Prime, BJU, Flagship, Tri – linear, etc
  • Signing off recons before submitting to clients
  • Facilitating Recons month end packs and signing off

Reconciliation Administrator

Automated Outsourcing Limited, AOS
05.2007 - 08.2007
  • Daily reconciliations of All Inflow and Payaway Recons for Managing companies (Mancos) E.g
  • Personal trust, GTC, Prime, BJU, Flagship, Tri – linear, etc
  • Printing of daily reports - Flexcube
  • Printing of daily bank statements
  • Balancing transaction summary report ( Flexcube report ) and bank statements
  • Checking recons before submitting to clients

Airtime Debtors Controller

Altech Autopage Cellular
01.2005 - 04.2007
  • Reconciling of all Debtors Recon
  • Credit Card Recons, Alltech Supercall Recons, Cheque Deposit Recon, Branch Deposit Recons, Refunds Recons, Journals Recons
  • Transferring of payment between systems, Billing System (BSCS) And Ability
  • Queries on the recon
  • Timing Difference between months
  • Month end reporting
  • Reconcile debtors’ transactions on the billing & accounting systems
  • Prepare a final reconciliation per transaction type
  • Follow-up and clear outstanding transactions
  • Prepare documents for processing on the billing/accounting system to clear - reconciling items
  • Investigate and allocate unallocated deposits as per suspense accounts
  • Allocate payments of direct deposits as per schedule supplied from finance operations supervisor
  • Analyse and investigate unallocated deposits as per suspense accounts
  • Handle and clear payment queries raised by credit control department
  • Allocate amounts identified in suspense accounts to debtor system and general ledger
  • Liaising with the branches of major banks to sort out long outstanding unallocated payments
  • Ensuring that all payments of customers are allocated timorously
  • Collecting and processing of payment daily
  • Process initial payments received from customers through direct channel front end
  • Phone clients if there is a problem with payments
  • Liaise with banks if there is a payment problem
  • Process payments via ABSA credit card machine
  • Matching of payments with the bank statements
  • Balance credit card and cheque account

Reconciliation Administrator

Investec Private Bank
07.2000 - 12.2004
  • Electronic transfers (EFT)
  • FNB, Standard Bank, Nedbank
  • Downloading of bank statements on CAMS
  • Cash flow of 42-unit trusts funds
  • Balancing of main account
  • Processing daily journals on JDE
  • Bank reconciliations of various clearing accounts
  • Reconciling of unit recons for 8 Mancos
  • Balancing of clearing account
  • Following up and clearing open items
  • Capturing of repurchases on JDE
  • Reconciliations of Unit Trust clearing accounts, Purchases, Debit Orders, Redemptions, Switches, Distributions, etc for approx
  • 90 Funds
  • Ensuring that recon items are cleared with the current month
  • Main account recon (Ensuring that the main account does not go into overdraft)
  • Daily cash forecast for the main account

Bookkeeper

AIG – American International Group
01.2000 - 06.2000
  • Reconciliations of claims on Excel
  • Reconciliations of employee loan accounts
  • Reconciliations of cell phone accounts
  • Reconciliations of Marine Settling (overseas account)
  • Printing & Issuing Cheque
  • Daily electronic transfers Assisting of annual budgets and forecasting
  • Year-end and month-end reporting
  • Preparing of monthly statements, balance sheet and income statements
  • Maintaining daily cash flow
  • Computer literate and proficient in use of spreadsheets
  • Have the ability to perform functions within the office to achieve an efficient, effective and economic administration of finance

Reconciliation and Clearing Administrator

Nedcor Investment Bank
10.1998 - 11.1999
  • Reconciling of Investment Bank statement
  • Control account balancing
  • Reconciling of daily business
  • Clearing of Additional sales, MVT’s, Credit queries, ROC’s
  • Balancing and deleting large bulk transaction in cash book
  • Capturing of daily entries for issuing Cheque
  • Request Cheque on the system
  • Control Cheque issued
  • Daily banking/ electronic transfers
  • General bank queries, which includes liaison with the bank and external Unit Trust companies regarding outstanding payments
  • Investigation of any queries that may arise in respect of outstanding reconciliation items
  • Reconciling of Investment accounts
  • Investigate and allocate unallocated deposits as per suspense accounts
  • Allocate payments of direct deposits as per schedule supplied from unallocated cash supervisor
  • Analyse and investigate unallocated deposits as per suspense accounts
  • Handle and clear payment queries raised by credit control department
  • Process amounts identified in suspense accounts to debtor system and general ledger
  • Liaising with the branches of major banks to sort out long outstanding unallocated payments
  • Ensuring that all payments are allocated timorously

Reconciliation Administrator

Nedcor Financial Control
03.1996 - 09.1998
  • Reconciling of cash recons, general ledger accounts, Banks own Cheque, home loan suspense account, Temp
  • Diff., Ned revolve and post able computer entries (UCE)
  • Investigating and assisting branches in rectifying errors made by the branches
  • Queries
  • Error logs

Education

National Diploma - Marketing Management

01.1993 - 01.1995

Matric with Exemption - undefined

Kharwastan Secondary School

Skills

Cash handling and management

undefined

Timeline

Fund Cash Management Specialist

FNZ
10.2014 - Current

Reconciliation Administrator

FNZ
02.2014 - 10.2014

Business, Administrator

Lisp New, FNZ
07.2012 - 01.2014

ETF Administrator

Investment Plan, Automated Outsourcing Limited, AOS
04.2010 - 06.2012

Reconciliation and Banking Administrator

Unit Trust Finance Automated Outsourcing Limited
10.2009 - 04.2010

Reconciliation Team Leader

Unit Trust Finance Automated Outsourcing Limited, AOS
09.2007 - 10.2009

Reconciliation Administrator

Automated Outsourcing Limited, AOS
05.2007 - 08.2007

Airtime Debtors Controller

Altech Autopage Cellular
01.2005 - 04.2007

Reconciliation Administrator

Investec Private Bank
07.2000 - 12.2004

Bookkeeper

AIG – American International Group
01.2000 - 06.2000

Reconciliation and Clearing Administrator

Nedcor Investment Bank
10.1998 - 11.1999

Reconciliation Administrator

Nedcor Financial Control
03.1996 - 09.1998

National Diploma - Marketing Management

01.1993 - 01.1995

Matric with Exemption - undefined

Kharwastan Secondary School

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Maiya GovenderCash Management Specialist