Sindisiwe Nkosi

- Processing Monthly Journals (Including Rental Provisions/Smoothing, Salaries and Wages Provisions, Discount Provisions, Staff Loans and Salary Advances, Creditors Accruals)

- Managing cash flow and supervise over the financial transactions.

- Leasing with business bankers.

- Sourcing of Quotations.

- Fleet Reconciliation.

- General Ledger Reconciliations

- Assisting the Financial Manager with Budget

- Cashbook Processing and Payments

- Bank Reconciliations

- Petty Cash Reconciliation and Replenishment

- Credit Cards Processing and Reconciliations

- Liaising with external auditors on audit work and attending to all audit issues.

- Preparing VAT reconciliation and Returns

- Monthly review of actual expenses against budgets & variance analysis.

Payroll

• Handling payroll processing for 185 employees, ensuring timely payment and adherence to tax regulations.
• Processing employee timesheets to calculate hours worked and calculate pay rates for each employee.
• Maintaining records of garnishments and paying over to beneficiaries.
• Optimized payroll processing for accuracy, ensuring all employees are paid promptly and correctly.
• Making sure PAYE is submitted and paid on time.
• Liaising with employees for any queries.
• Processing new hires and terminations

• - Processing Monthly Journals (Including Rental Provisions/Smoothing, Salaries and Wages Provisions, Discount Provisions, Staff Loans and Salary Advances, Creditors Accruals)
• - Responsible to manage the cash flow and supervise over the financial transactions within and outside the company.
• - Collections from African Branches
• - Forex Revaluations
• - Maintenance of daily Exchange rates on Syspro.
• - Intercompany Reconciliations.
• - Absa Fleet Reconciliation.
• - Reconcile to the assets register monthly.
• - Maintenance, control & reconciliation of intercompany accounts.
• - Monthly reconciliation and interest calculation for debtors finance (funding facility
• - General Ledger Reconciliations
• - Assisting the Financial Manager with Budget
• - Cashbook Processing and Payments
• - Bank Reconciliations
• - Foreign Payments
• - Petty Cash Reconciliation and Replenishment
• - Credit Cards Processing and Reconciliations
• - Preparing Capex
• - Liaising with external auditors on audit work and attending to all audit issues.
• - Preparing VAT reconciliation and Returns
• - Monthly review of actual expenses against budgets & variance analysis.
• - Attending to all queries from Branch Managers with regards to monthly financials

• Creditors (Book Value R100 million)
• - Processing and matching of invoices with GRV’s.
• - Creditors’ reconciliations.
• - Loading and releasing Suppliers invoices for payment on BAAN and the banking system.
• - Following up and ensuring that suppliers are paid within agreed terms.
• - Liaising with clients regarding payments and queries.
• - Requesting supplier statements and invoices.
• - Discount calculations.
• - Provide monthly age analysis report.
• Cashbook
• - Processing of transactions and reconciliation of cashbook on a daily basis.
• - Reconciling the Bank every Day and preparing bank Recon
• - Petty cash reconciliation and replenishment.
• - Loading of beneficiaries on banking system.
• - Making payments on cash focus.
• - Filling up of Bob Forms for export payments - Foreign
• Bookkeeper
• - Processing Monthly Journals
• - Preparing VAT Recon
• - Charging Branches
• - General Ledger Reconciliations
• - Audit Queries

• Creditors (Book Value R60 million)
• - Main suppliers and sundry accounts (Telephone, Water and
• Lights, Computer Expenses) processing, payments and
• Monitoring for branches.
• - Processing and matching of invoices with GRV’s.
• - Processing work-done-out invoices and posting of variance
• - Creditors’ reconciliations.
• - Completing of vendor application forms.
• - Loading and releasing Suppliers invoices for payment on Syspro, BAAN and the banking system.
• - Following up and ensuring that suppliers are paid within th agreed terms.
• - Liaising with clients regarding payments and queries.
• - Requesting supplier statements and invoices.
• - Credit applications to suppliers and opening new accounts on the system.
• - Discount calculations.
• - Provide monthly age analysis report.
• Cashbook
• - Processing of transactions and reconciliation of cashbook on a daily basis.
• - Petty cash reconciliation and replenishment.
• - Loading of beneficiaries on the banking system.
• - Making payments on cash focus.
• - Transfers to and from Call Accounts.
• - Forex
• Other Financial and Administrative Duties
• - Attending to Audit Queries.
• - Processing of journals.
• - Assisting accountants with general ledger reconciliations.
• - Filling of documents.
• Other general accounts administration duties