Phumelele Sibiya
Ballito,South Africa
Summary
Detail-oriented finance professional with expertise in internal controls evaluation and financial reporting proficiency. Skilled in investment appraisal techniques, Microsoft Excel, and financial forecasting. Proficient in VAT preparation and filing, Sage Accounting, budget forecasting, and payroll processing. Committed to leveraging these skills to enhance organisational financial performance and accuracy.
Overview
31
31
years of professional experience
5
5
years of post-secondary education
Work history
Chief accountant
Enterprise iLembe
Ballitoville, KwaZulu-Natal
2013.03 - Current
- Managed finance department, ensuring accurate and timely processing.
- Prepared the annual, adjustment budget
- Prepare monthly reports for submission to relevant stakeholders
- Monitor the bank accounts and the investments for the entity
- Process the transaction for the closure of the financial system.
- Reviews the monthly payments and payroll
- Directed preparation of company budgets for streamlined fiscal management.
- Ensured smooth business transactions through diligent account reconciliation efforts.
- Coordinated finance activities across departments for operational efficiency.
- Enhanced financial reporting standards with stringent audit practices.
- Advised management on financial details related to business operations and budgets.
- Organized and carried out month-end, quarterly and year-end processes.
- Analyses budgets and financial projections for accurate reporting of company performance.
- Assist in the preparation of the Annual Financial System
Manager: Budget and Treasury Office
Maphumulo Municipality
KwaDukuza, KwaZulu-Natal
2006.10 - 2013.03
- Monitor the revenue collection on rates and rentals
- Cultivated strong relationships with clients to secure repeat business.
- Implemented cost reduction measures, reduced overhead expenses.
- Reconciling the GL accounts.
- Preparation of monthly reports and submit to Treasury.
- Assist in preparation of Annual Financial Statement in GRAP Standard.
- Manage the Investments and grant register.
- Monitor the implementation of financial policies.
- Established clear budgets and cost controls strategies to meet objectives.
- Reconciliation of EMP 501(IRP5's and IT3's
Accountant
Maphumulo Municipality
KwaDukuza, KwaZulu-Natal
2002.07 - 2006.09
- Efficiently managed payroll processing tasks, avoiding errors.
- Prepared monthly and yearly balance sheets, ensuring accuracy.
- Streamlined budgeting exercises for efficient financial planning.
- Handled complex account reconciliations; ensured consistency in records.
- Performed thorough expenditure tracking, preventing overspending.
- Enhanced profitability by managing cost control measures.
- Generated accurate financial reports using advanced software tools.
- Reviewed and reconciled ledgers to maintain integrity of financial data.
- Led tax compliance initiatives to ensure regulatory alignment.
- Ensured timely invoice payments
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
- Organised and carried out month-end, quarterly and year-end processes.
Senior payroll administrator
Employ-Rite
Durban, KwaZulu-Natal
2000.01 - 2002.07
- Streamlined the payroll system, improving overall efficiency and timeliness.
- Worked closely with HR for seamless employee onboarding and payroll integration.
- Ensured accuracy in payroll processing by meticulous attention to detail.
- Calculated salaries accurately, ensuring correct payment disbursement each month.
- Addressed staff queries regarding pay promptly for increased employee satisfaction.
- Organised employee records efficiently for quick retrieval and updates.
- Identified discrepancies in payroll reports swiftly, enabling prompt resolution of errors.
- Used payroll software to streamline processes for increased efficiency.
Payroll administrator
Palm Footwear
Durban, KwaZulu-Natal
1995.05 - 1999.12
- Managed timesheets, ensuring accurate reflection of employees' working hours.
- Reduced errors in data entry through rigorous attention to detail.
- Enhanced payroll efficiency by streamlining the processing system.
- Stayed abreast with latest tax laws to maintain compliance within the organisation's payroll system.
- Compiled summaries of earnings, taxes, deductions, leave, disability and nontaxable wages annually for tax season preparation.
- Managed annual leave records accurately; helped avoid conflicts and disruptions due to overlapping holidays.
- Calculated overtime pay correctly; rewarded hardworking employees justly.
Education
National Diploma in Accounting - Accounting
Durban University of Technology
Durban, KwaZulu-Natal 1991.01 - 1994.11
Certificate Program in Management Dev. ( Municipal - Accounting
University of Witwatersrand
Johannesburg, Gauteng 2006.02 - 2007.09
Skills
- Internal controls evaluation
- Financial reporting proficiency
- Investment appraisal techniques
- Microsoft Excel
- Financial Forecasting
- VAT preparation and filing
- Sage Accounting
- Budget forecasting
- Payroll processing
Timeline
Chief accountant
Enterprise iLembe
2013.03 - Current
Manager: Budget and Treasury Office
Maphumulo Municipality
2006.10 - 2013.03
Certificate Program in Management Dev. ( Municipal - Accounting
University of Witwatersrand
2006.02 - 2007.09
Accountant
Maphumulo Municipality
2002.07 - 2006.09
Senior payroll administrator
Employ-Rite
2000.01 - 2002.07
Payroll administrator
Palm Footwear
1995.05 - 1999.12
National Diploma in Accounting - Accounting
Durban University of Technology
1991.01 - 1994.11