Nozwakele Charity Mkhize
Investment Operations Administrator
Wynberg
Summary
I am a very enthusiastic, well-organized and self-motivated person. Sound interpersonal, communication and time management skills A team player (with ability to operate independently), analytic, reliable and honest. Fast-learner, self-disciplined and have a high level of drive, verve, and motivation. High level of professionalism and confidentiality
Overview
15
15
years of professional experience
3
3
years of post-secondary education
Work History
Investment Operations Administrator
Foord Asset Management
12.2023 - Current
- Open and maintain custody and settlement accounts in various markets
- Manage derivative margin positions
- Open and maintain custody and settlement accounts in various markets
- Execute investment and withdrawal instructions in local and offshore unit trust products
- Open and maintain investor accounts with relevant product providers
- Monitor transaction completion and liaise with unit trust administrators to ensure transactions are timeously
- Ensure the accurate and complete recording of income receipts, including monitoring withholding tax recoveries
- Ensure accurate calculation and dissemination of income distributions from unit trust portfolios
- Ensure accurate recording of cashflows in client portfolios, including investigation and resolution of reconciling items
- Monitor and coordinate forecast cashflows with the investment team
- Perform daily portfolio banking tasks including online payment capture/authorization and bank reconciliations
- Ensure accurate valuation of all securities in client portfolios, in accordance with Foord’s valuation policies
- Ensure accurate calculation and timely dissemination of daily unit trust prices
- Ensure valid, accurate and complete portfolio accounting records for a range of client portfolios
- Support the investment and business development teams
- Coordinate client portfolio take-on and take-off processes
Senior Portfolio Administrator
Argon Asset Management
12.2021 - 11.2023
- Daily and Monthly reconciliation of bank and custody balances (verify, review and resolve)
- Regular reporting of client portfolios to clients (daily, monthly, quarterly, adhoc)
- Daily monitoring of derivates margin movement
- Daily processing/Authorising of payments for client withdrawals, derivatives margins, money market call deposits and fixed deposits
- Periodic preparation of foreign payment instructions for offshore money market call deposit
- Constant monitoring and communicating internally expected inflows and outflows for unit trust funds
- Periodic processing of client withdrawals and contribution notifications per internal procedures
- Reconciliation of monthly and quarterly management fee accrual calculations
- Preparation and distribution of Quarterly, SARB and C48 Reports
- Periodic preparation of Audit certificates and gathering of requested audit documents
- Maintain and update client distribution lists
- Constant review and resolution of all administrative queries (internal and external)
- Assist with onboarding of new clients
- Periodic reporting on withholding Tax on dividends
- Adhoc queries (update of changes in call accounts rates etc.)
Portfolio Administrator
Argon Asset Management
12.2018 - 11.2021
- Promoted
Portfolio Administrator – Life Pools
Prescient Fund Services
07.2015 - 11.2018
- Daily unitization and valuation of financial instruments e.g
- Equities, bonds, derivatives
- Daily reporting of unit prices to retirement funds and medical scheme clients and consultants
- Daily processing of cash flows and payments against clients’ accounts
- Daily sending of investment and disinvestment instructions to investment managers
- Daily and monthly bank account reconciliations
- Daily and monthly unit-holding reconciliations
- Monthly, quarterly and ad hoc client and regulatory reporting, eg SARB Reports and Reg 28
- Assisting with the client take-on process
- Assisting with portfolio transitions and portfolio restructures
- Processing management fees
- Implementing and maintaining process controls e.g
- Two-step capturing and authorization
- Trades and acting on trade instructions
- Cash flow management and Electronic banking
- Career development
Junior Accountant
ZestLife Investments
04.2012 - 06.2015
- Prepare and manage monthly client invoicing
- Prepare and pay expenses
- VAT calculations and returns
- Prepare and post ledger transactions
- Petty cash payments
- Submission of policy premium debit orders
- Dealing with unpaid debit orders which includes dealing with clients telephonically
- Debit order bank account reconciliations
- Commission payments to brokers
- Preparing of monthly schedules for insurers, reinsurers and clients and intermediaries earning fees
- General office administration (stationery and consumables)
- Career development
Revenue Accountant
Syntell Pty (Ltd)
12.2010 - 03.2012
- Prepare payments requisitions for municipalities
- Daily Reconciliation for debtors and creditors
- Collection of Revenue from credit and prepaid vendors
- Preparing variance reports
- Uploading of Sales into SAP
- Preparing Daily Bank Reconciliation
- Preparing Late Deposits Reconciliation and subsequent follow up on outstanding deposits
- Preparing Monthly merchant Commission
- Invoicing for Commission for municipalities
- Capturing of Commission
- Accounts Receivable Reconciliation
- Accounts Payable Reconciliation
- Assist management accountant with any of her other month end procedures
- Career development
Finance Graduate
Clicks Group Limited (Clicks Finance)
02.2010 - 11.2010
- The main duties of my job are to assist and support the Finance Manager with data extraction, financial analysis and compiling of reports for the Clicks brand By:
- Compiling monthly Brand pack and reports
- Preparing ad hoc reports and analysis as determined by business requests
- Liaising with IT Business Intelligence team to develop standard monthly reports for Brand
- Developing budgeting and forecasting models in BPC and be the BPC specialist for the Clicks Brand
- Ensuring the correct levels of access to Business Unit Financial information to enable business decisions
- End of Contract
Education
Management Development Programme -
University of Stellenbosch Business School
01.2021 - 12.2021
Cima Diploma in Management Accounting - Operational Level
Chartered institute of Management Accounting (CIMA)
B.com - Financial Accounting
University of Cape Town
01.2009 - 12.2009
Grade 12 -
Kwashaka High School
01.2004 - 12.2004
Skills
- interpersonal skills
- communication skills
- time management skills
- problem solving skills
- computer literacy
- SAP
- Pastel
- Microsoft Office
- financial accounting principles
- leadership skills
- presentation skills
Personal Information
- ID Number: 8704120422083
- Health Status: Excellent
- Gender: Female
- Nationality: South African
- Marital Status: Single
Timeline
Investment Operations Administrator
Foord Asset Management
12.2023 - Current
Senior Portfolio Administrator
Argon Asset Management
12.2021 - 11.2023
Management Development Programme -
University of Stellenbosch Business School
01.2021 - 12.2021
Portfolio Administrator
Argon Asset Management
12.2018 - 11.2021
Portfolio Administrator – Life Pools
Prescient Fund Services
07.2015 - 11.2018
Junior Accountant
ZestLife Investments
04.2012 - 06.2015
Revenue Accountant
Syntell Pty (Ltd)
12.2010 - 03.2012
Finance Graduate
Clicks Group Limited (Clicks Finance)
02.2010 - 11.2010
B.com - Financial Accounting
University of Cape Town
01.2009 - 12.2009
Grade 12 -
Kwashaka High School
01.2004 - 12.2004
Cima Diploma in Management Accounting - Operational Level
Chartered institute of Management Accounting (CIMA)
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