Sage
SPHAMANDLA MSELEKU
Finance Manager
Durban,KZN
Summary
Experienced with financial analysis, budget management, and strategic planning. Utilizes financial data to drive business decisions and optimize operations. Knowledge of regulatory compliance and risk management essential for maintaining financial integrity.
4 years of working experience in Accounting and Finance sector.
Overview
5
5
years of professional experience
7
7
years of post-secondary education
4
4
Certifications
Work History
Finance Manager
KCC GROUP (PTY) LTD
02.2025 - Current
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Develop Finance SOP's in accordance with IFRS & Gaap principles
- Review and Analyses monthly financial statements such as P&L, Ledger accounts, Bank Recons
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
Accounts Payable Accountant
Volvo Group Trucks Southern Africa
06.2022 - Current
- Finance Management, Purchase Order Invoices creation and processing, manual requests payments (MRP) SAP finance software updating invoices as per PO on SAP (Three-way matching accounting method) and checking delivery notes/ Job Cards
- Handling logistics and Finance invoices for Volvo group including office and stationery orders
- Checking and processing of Goods Received Notes (GRNs), using Purchase Plus, and SAP account to check and tracking of outstanding payments
- Correction of payment errors, communicating with Volvo clients & Suppliers, Receiving Gate release permits for Volvo Trucks, and archiving documents
- Support the IT team and reports to the Business Controller Manager of the Volvo Durban GTO Plant
- Month-end Reconciliation
- Fixed Assets Register Management, Investments Par forms
- Capex Monitor Monthly Short-term rentals, for Volvo Durban
- Maintained accurate and complete documentation for all financial department procedures
- Monitored accounts payable and receivable statuses, keeping financial records up to date
- Outstanding Finance KPIs (lowering Fixed costs and variable costs)
Residence Assistant/ Administrator
University of KwaZulu Natal
02.2021 - 12.2022
- Resident Administration duties, assist with implementation of Residence policies and regulations to be followed by students
- Prepare and plan education and career-wise activities for students to stimulate growth
- Compile monthly reports to the Residence Life officer at the University
Finance & Procurement Intern
ETDP SETA UKZN
06.2021 - 05.2022
- Central Database Administration (CSD) for Finance and Procurement
- Evaluation of Bidding Supplier for Tendering
- Align Finance and Accounting protocols to evaluate supplier compliance such as Tax Clearance, BBBEE Supplier Evaluation Report, monitor monthly Supplier performance and other ad hoc duties in the Finance department
Library Assistant
University of KwaZulu Natal
03.2020 - 01.2021
- Library Administration, book filing, and checking loan balances on students
- Library fees, supplying and issuing books to students
- Library Monitoring and Management, Library world cat system to track outstanding books and retired books
Education
Postgraduate Diploma - Finance Banking & Investment Management
University of KwaZulu Natal
02.2022 - 12.2022
Bachelor of Commerce Honours - Supply Chain Management
University of KwaZulu Natal
02.2020 - 12.2021
Bachelor of Commerce - Finance & Supply chain Management
University of KwaZulu Natal
02.2016 - 12.2019
Skills
Accounts Payable
Certification
Driver's License, 10/C1
Accomplishments
- Achieved lower Fixed cost and Variable costs in the year 2023 when i was working for Volvo Group Trucks by developing Fixed Asset Cloud App to record company's assets.
- Supervised team of 4 staff members at KCC Group Hospitality industry
- Used Accounting Sage for Financial reporting, streamlining Finance processes and advanced Excel for spreadsheets.
Software
SAP
Microsoft Excel
Xero
Timeline
Finance Manager
KCC GROUP (PTY) LTD
02.2025 - Current
Accounts Payable Accountant
Volvo Group Trucks Southern Africa
06.2022 - Current
Postgraduate Diploma - Finance Banking & Investment Management
University of KwaZulu Natal
02.2022 - 12.2022
Finance & Procurement Intern
ETDP SETA UKZN
06.2021 - 05.2022
Residence Assistant/ Administrator
University of KwaZulu Natal
02.2021 - 12.2022
Library Assistant
University of KwaZulu Natal
03.2020 - 01.2021
Bachelor of Commerce Honours - Supply Chain Management
University of KwaZulu Natal
02.2020 - 12.2021
Bachelor of Commerce - Finance & Supply chain Management
University of KwaZulu Natal
02.2016 - 12.2019
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