Sibusisiwe Masinga

• Managing full Accounts Receivable functions from customer account approval to allocation of payments incl sales invoicing.
• Ensuring customers receive invoices and monthly statements.
• Responsible for ensuring accurate forecast on daily and monthly forecast.
• Ensuring Debtors' clerk allocating payments timeously and accurately according to payment terms.
• Review monthly age analysis and ensure payment terms are adhered to.
• Monitor claims and credit notes issued.
• Escalate long outstanding debtors to Account Managers.
• Analyse accounts of high risk that must be handed over to Legal Department.
• Manage month end reports and journal process.
• Review monthly provisions.
• Provide support to employees and manage their performance according to KPI.
• Identify areas with weak internal control and make corrective recommendation.
• Continuously improve operational processes.
• Manage all stakeholder relationships.
• Compile monthly credit risk reports.

• Monitor and reconcile daily group bank balances;
• Prepare daily cashflow forecast;
• Verify liquidity calculation and ensure funds are available to meet company's daily financial needs;
• Interact with internal and external counterparts to ensure all derivatives are settled correctly and on time;
• Process Imports and Treasury payments and ensure they are released on time;
• Maintain daily exchange rates;
• Ensure compliance with South African Reserve Bank;
• Settle maturing contracts in the Treasury management systems;
• Maximise on interest through proper management of investments and borrowings;
• Manage Treasury documents and processes (Promissory Note & TSR) through complete and timeous submission to banks;
• Reconcile all Treasury balance sheet items ensure accruals are raised and reconciled items are cleared;
• Prepare and submit monthly reports timeosly;
• Ensure compliance with SOX, external audit requirements through adherence to Treasury policies and procesures.

Accounts Receivable Department:

• Deal with various customer requests (sending invoices and statements);
• Allocate customer payments incl discount and attend to customer claims;
• Report on account performance and maintaing relationship with customers and Account Managers;
• Calculation of interest and debtor's days;
• Daily/weekly/monthly reporting to AR Manager on outstanding debtors pertaining to date and amount of receipts;
• Run debtor's age analysis and follow up accordingly.

Accounts Payble Department:

• Ensure invoices are matched against requisitions, purchase orders and GRVs;
• Ensure correct GL account & vendor account is utilised when processing invoicesng;
• Preparations and submissions of crediors' reconciliations (ensure reconciling items are followed);
• Timeous payment of invoices, ensuring discount claims where applicable;
• Forward remittance advises to suppliers after payment run;
• Maintain good relationship with suppliers.

• Ensure all revenue is accounted for accurately and all related provisions;
• Liase with Project Managers and monitor compliance with policies and procedures;
• Gather month end reports and report on financial progress and budget;
• Submit monthly reports to project sponsors;
• Fixed Asset Administrator;
• Performed fixed asset stock take;
• Review Fixed Asset policy;
• Maintain fixed asset register;
• Process month end journals and closure.

• Preparing VAT for various clients;
• Preparing Annual Financial Statements;
• Registering new clients on Cipro and maintaining their membership;
• Conducting stock count for various clients;
• Training Junior employees newly graduates.

Report on irregularities and conclude on the findings.