Sipho Skhosana
Kempton Park,GP
Summary
Adept at managing budgets, payroll, invoicing and general accounting functions. Instrumental in keeping business operations fully compliant and working within budgetary guidelines. Detail-oriented Accountant with 9 years effectively maintaining accurate accounting information for large-scale financial organizations. History working as part of financial team to manage diverse financial functions, tax management and reporting. Works closely with executive management on complex mergers and acquisitions and divestitures. Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Overview
6
6
years of professional experience
Work History
Commercial Accountant
Digistics
10.2014
- Process/post invoices and credit notes
- Reconciliation of creditor's accounts and resolving queries
- Paying creditors on time (according to payment terms)
- Confirmation of Intercompany balances
- Receive and verify invoices and all relevant documentation to process payments for creditors
- Follow up on all missing documentation
- Perform the day-to-day processing of accounts payable transactions according to the relevant accounting system for payment authorization
- Approve vendor reconciliations
- Ensure suppliers are paid on pre-determined payment terms
- Monitor vendor accounts to ensure that payments are up to date
- Make sure that the vendor age analysis has no queries (especially no debit or old outstanding balances)
- Prepare and manage customer and product profitability analysis and reporting
- Business partnering with the supply chain team
- Carry out month end commercial processes
- Ownership and Responsibility to ensure controls are implemented and maintained to protect the business and reduce the risk of negative financial impacts
- Provide reports to support business and decision making - the reports should be accurate, timely, relevant and insightful
- Managing cash flow and working capital to support to support profitability and preserve cash
- Preparing accounting records, budgets and costings timeously
- Purchase order maintenance
- Open receipt maintenance
- Verify B-BBEE status with vendors
- Authorising of remittance advice for payment to suppliers
- Manually allocation of payment on ERP to match with the bank statement
- Cash book
- Compiling and calculating rebates
- Preparing of monthly Management Accounts for Executive Committee Exco
- Profit and Loss Statement for subsidiary business’
- Processing intercompany journals for internal customer
- Check and first line of approval for all the organisation's payments to our suppliers (Stock Creditors) as well as to our service providers (Sundry Creditors)
- Balancing General Ledgers (GL) against Age Trial Balances for the organisation
- Adhoc- Evaluating credit applications for CFO's approval
- Data analysing and cleaning for accurate reporting
- Liasing with Auditors
- Reason for leaving: Need Career Growth
Credit Controller Supervisor
ABI (Amalgamated Beverages Industry)
04.2010 - 09.2014
- Manage, train and motivate staff
- Measure department performance
- Maintain the company credit policy
- Review credit applications and credit references to set credit limits and ensure credit checks
- Review and report on Aged Trail Balance
- Lead monthly book review meetings with both internal teams and external clients
- Regularly review the process and procedures to reduce debtor days
- Accounts Receivable dispute items and coordinate with internal teams to resolve issues in time
- Manage the KPIs with respect to collections, DSO, Overdue
- Statistical analysis & reporting
- Managed the debtor’s days and reported it to the Credit Manager timeously
- Reason for leaving: Found a new opportunity at Digistics
Debtors Clerk Legal
MBD INCORPORATED
09.2008 - 03.2010
- Collection of all outstanding debtors
- Reconcile and allocate debtors accounts
- Handle customers’ queries
- Update and maintain debtor’s account
- Do credit check to new clients and new staff
- Send weekly and monthly statements to debtors
- Prepare monthly debtors reports
- Help solve legal queries raised by the debtors
- Regular Daily capturing of bank statements and cashbook reconciliations
- Monthly online invoicing
- Following up on customer accounts daily for outstanding monies
- Maintaining and updating customer account details
- Issued letters of demand to Customer that breached their payment agreements
- Compiled the Legal Reports including bad debt write off reports, legal age analysis and Progress on the debtors
- Generate credit collection list criteria based on payment terms
- Reason for leaving: Permanent position available at ABI
Education
Bachelor of Commerce - Finance
Mancosa
Johannesburg, South Africa 04.2001 -
Skills
Month-end close
undefinedKey Attributes And Competencies
- Strong analytical and problem solving skills.
- Advanced excel knowledge.
- Analytical skills
- Being able to work well in a team
- Strong quantitative skills
- Strong attention to detail and accuracy
- Strong planning and organizational skills
Identity Document
8202195368083
Contact Details
079 419 6891
Dependants
4
Health
Excellent
Language Proficiency
English, Isindebele, Zulu
Driver License
Code 10
Own Vehicle
Yes
Available
1 Month Notice
Educational Qualifications
Mabusabesala Senior Secondary School, Grade 12 (Matric), 1998,
Mancosa, B.com Financial Management, 06/2023,
UNISA, Certificate in Purchasing and Supply Management, 06/2017,
Tshwane South College, National Diploma in Business Management, 06/2001,
CIMA-Diploma in Management Accounting-Studying
Personal Information
- Date of Birth: 02/19/82
- Gender: Male
- Nationality: South African
- Marital Status: Married
References
- Menandi Boyens, Commercial Manager (Digistics), 011 663 3500
- Oupa Msiza, Credit Manager (ABI), 083 313 1865
- Kgabo Mathatho, Team Leader (MBD), 011 928 9247/078 450 0807
Timeline
Commercial Accountant
Digistics
10.2014
Credit Controller Supervisor
ABI (Amalgamated Beverages Industry)
04.2010 - 09.2014
Debtors Clerk Legal
MBD INCORPORATED
09.2008 - 03.2010
Bachelor of Commerce - Finance
Mancosa
04.2001 -
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