Nombulelo Msibi
Financial Accountant (082) 620 1580
Centurion
Summary
I am experienced professional with more than 10 years in Finance and Operations. I have a good leadership skills and excellent reputation for solving problems and improving customer satisfaction. Offering excellent communication and good judgement.
Overview
15
15
years of professional experience
8
8
years of post-secondary education
Work History
Financial Accountant
AECI WATER
Modderfontein
04.2022 - Current
- Contributed to financial and operational risk reduction by evaluating effectiveness of controls.
- Compiled budget figures by reviewing past budgets, evaluating estimated income and assessing expenses.
- Mitigated impacts on financial accounting and business operations by working proactively to identify and resolve strategic concerns (IFRS16 calculations).
- Minimized losses and checked compliance with internal protocols by analyzing and preparing effective annual budgets.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Analyzed and prepared annual budgets to contain costs, minimize losses and assure compliance with internal controls.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month and approve bank reconciliation.
- Enhanced Business Managers satisfaction by uncovering and correcting outstanding financial problems and account errors.
- Applied proper codes to invoices, files and receipts to keep records organized and easily searchable.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Led daily general ledger entries, using double-entry accounting method and check backs.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Reported financial data and updated financial records in ledgers and journals.
- Input financial data and produced reports using Cognos system.
- Assessed data and information to verify entry, calculation and billing code accuracy.
- Manage all Foreign Exchange Cover for both export and import and process draw in where necessary.
- Facilitate intercompany eliminations (Balance sheet – debtors, creditors) Income Statement revenues, management fees) on reporting system.
- Perform monthly and annual reporting
- Perform month end calculations and updating of provisions, accruals and monthly reports
- Prepare Executive reporting pack and distribute accordingly
Credit Control Manager
AECI WATER
Modderfontein
10.2018 - 03.2022
- Streamlined processes for early identification of potential credit system and monitoring problems.
- Provided training and consulted with struggling teams to help meet monthly target goals.
- Compiled data critical to analysis of annual bad debt.
- Work cross-functionally with sales, management and other departments to maintain effective operations.
- Referred delinquent accounts to collections department or outside resources.
- Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.
- Monitored accounts for signs of fraud and non-payment issues.
- Reported key performance indicators to department heads for management of positive cash flow and to adjust credit risk policies and procedures.
- Obtained and interpreted financial statements to assist in credit limit reviews.
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
- Recommend changes to credit policy
- Confirm accuracy of master data for reporting purpose.
- Monitor credit limit granting and credit risk management
- Cash flow forecast submitted weekly.
- Month-end reporting
- Weekly review and management of credit controllers books to ensure timely payment of outstanding invoices.
- Apply and maintain best practice with regards to credit policies and ensure adherence.
- Ensure timeous allocation of payments.
- Manage the opening of account process.
- Releasing of orders, preparation and processing of credit notes.
- Manage debtors’ team and their performance.
- Preparation & attendance at Credit Bureau (Debt Source) meetings
- Preparations of expected credit losses calculations
- Implement improvement based on audit findings and changes in the industry.
Admin Manager
Blendtech (Pty) Ltd
Chloorkop
07.2011 - 09.2022
- Evaluated suppliers to maintain cost controls and improve operations.
- Developed and maintained relationships with customers and suppliers through account development.
- Recruited and hired top performers to add talent and value to department.
- Oversee processing of orders
- Oversee procurement of stock
- Oversee collection of debts
- Oversee payment of suppliers
- Month end processes
- Responsible for IT14SD
- Responsible for VAT submissions
- Support sales personnel
Education
Bachelor of Science - Accounting
UNISA
Pretoria South Africa 01.2013 - 12.2015
Bachelor of Science - Taxation
Durban University of Technology
Durban, South Africa 01.2003 - 12.2005
Bachelor of Science - Advance Accounting (CTA)
UNISA
Pretoria, South Africa 01.2021 - Current
Skills
Accounting and bookkeeping
Financial stability knowledge
Budget Analysis
Profits and losses tracking
Cost savings options
Accounting principles
Forecasting
SAP expertise
Problem Solving
Account reconciliation specialist
Leadership
References
Bernette Sekati
AECI Water
082 328 5599
Annette Calitz
AECI Mining
082 859 2341
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Financial Accountant
AECI WATER
04.2022 - Current
Bachelor of Science - Advance Accounting (CTA)
UNISA
01.2021 - Current
Credit Control Manager
AECI WATER
10.2018 - 03.2022
Bachelor of Science - Accounting
UNISA
01.2013 - 12.2015
Admin Manager
Blendtech (Pty) Ltd
07.2011 - 09.2022
Bachelor of Science - Taxation
Durban University of Technology
01.2003 - 12.2005