Mashadi Moeketsi
Junior Finance Business Partner
Johannesburg
Summary
I am a graduate in training with over 2 years’ experience in strategic and operational finance roles. I have spent most of my tenure training as a Finance Business Partner and Analyst for 2 divisions under the Chief Operating Officer at Rand Water. A self-taught Power BI enthusiast, I enjoy telling data-driven stories using visualisations to drive quick decision-making. Distinctive by nature and a solutionist at heart, I am enthralled by challenges and eager to find innovative solutions to change the environment around me.
Overview
4
4
years of professional experience
3
3
years of post-secondary education
Work History
Finance Business Partner
Rand Water
Johannesburg
02.2021 - Current
- Performing cost trend analyses for core costs.
- Creating Management Accounts reports and dashboards.
- Preparing budget guidelines and presentations for submission to the Top Management Committee, Audit Committee, and the Board for final approval.
- Using escalation rates obtained from the Bureau of Economic Research and Group Strategy to prepare high-level forecasts and high-level budgets.
- Assessing budgets prepared by the business and ensuring compliance to the budget guidelines.
- Preparation of long-term cost projections to ascertain new contract values.
- Preparing cost curtailment plans by identifying potential savings within the COO unit.
- Preparing monthly variance reports and analysing variances for the COO by using the National Treasury Cost Containment Instructions No.3 of 2017/18.
- Drilling down on material variances and providing reasons for them.
- Reconciling differences between water losses reported by finance and operations and assessing whether the initiatives undertaken by business are effective in curbing non-revenue water.
- Preparing quarterly controllable expenditure reports and calculating KPI scores.
- Preparing the Medium-Term Expenditure Framework reports on a quarterly basis for submission to National Treasury.
- Providing continuous support to business partners by timeously addressing queries.
- To improve reporting efficiency, I am currently using Power BI to develop an interactive model for the Management Accounts Dashboard.
Revenue Accounting Clerk
Rand Water
Johannesburg
09.2022 - 12.2022
- Captured daily receipts and allocations on ORACLE.
- Performed bank clearings on SAP.
- Prepared the "Revenue not recognised" and "Revenue re-recognised" journals in accordance with International Financial Reporting Standards (IFRS15).
- Prepared 1st and 2nd billings and debtors' reconciliations at month-end.
- Updated the Accounts Receivables Note.
- Prepared monthly reconciliations and identified defaulting customers.
- Contacted customers to follow-up on payment of their accounts.
- Prepared and updated payment arrangements.
- Prepared restrictions and cut-off lists.
- Handed overdue accounts to the legal department.
- Processed customer name changes and closing inactive accounts on ORACLE.
- Created new customer profiles and calculated deposits due after vetting had been done.
- Drafted letters of demand.
- Developed a revenue collection strategy using the Promotion of Administrative Justice Act No. 3 of 2000 to improve the collection rate. This initiative will be presented to the TMC for consideration.
Service Desk Operator
Rand Water
Johannesburg
11.2019 - 01.2020
- Worked to achieve high customer satisfaction rates by providing optimal customer service.
- Received and logged service requests.
- Allocated calls accordingly on the Customer Relationship Management (CRM) system.
- Timeously addressed customer queries via email and telephonically.
- Updated and graphically illustrated divisional performance data.
- Prepared communique for Finance Shared Services departments.
Education
Bachelor of Commerce - BCom - Financial Accounting
North-West University / Noordwes-Universiteit
02.2018 - 05.2021
Skills
Financial Analysisundefined
Timeline
Revenue Accounting Clerk
Rand Water
09.2022 - 12.2022
Finance Business Partner
Rand Water
02.2021 - Current
Service Desk Operator
Rand Water
11.2019 - 01.2020
Bachelor of Commerce - BCom - Financial Accounting
North-West University / Noordwes-Universiteit
02.2018 - 05.2021
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