Xolile Mbedu

Xolile is a seasoned, tried and tested senior manager dedicated to continuous process improvement in the face of rapidly evolving and changing markets. Extremely results-oriented and proactive in finding cost-effective solutions to company-wide problems. My many years of experience as a manager has endowed me with a broad background in financial, operations, projects and risk management. I am an enthusiastic team player dedicated to process improvement and staff development. I believe strongly in the development and empowerment of employees. The transfer of knowledge and the achievement of results with and through others are the cornerstones of my managerial prowess. The objective of my current role as Projects Coordinator seeks to provide tools to facilitate understanding of business drivers, planning, forecasting, total quality management, risk management, performance monitoring and reporting that will assist the various units to achieve their objectives. As a Financial Manager in my previous two jobs, I was responsible for the entire financial management function of a unit. I have considerable budgeting, costing and management accounting experience gained in a mining and research/manufacturing environments. Pendusa Ulwazi granted me the opportunity to operate at an executive level responsible for both finances and operations. I had highly experienced mine managers reporting into me and had great exposure into how to run operations. The exposure I have gained over the past few years has enabled me to operate and participate with ease at a senior management and strategic levels. I have practical internal auditing experience and have applied the King IV Report and the risk-based approach to auditing. I always strive to make a lasting impact by translating operations and financial data and information into effective tools for decision-making and strategy formulation and implementation. I am married with three children and was born and bred in South Africa. I am a versatile and charismatic communicator and am proficient in the following languages: Sesotho, English, Afrikaans, Setswana, isiXhosa, Sepedi and isiZulu. My leadership skills and ability to take people along has been demonstrated many times as I am the founder and non-executive director of a few companies, some incorporated in South Africa and the other two in Zimbabwe. All these companies’ vision is to engage in small scale mining in Southern Africa. These ventures have rekindled the entrepreneurial spirit, commercial prowess and business leadership which I have cultivated throughout my working career. The fact that I am a master’s graduate with the degree of Master of Business Leadership (MBL) through the University of South Africa (UNISA) has capacitated me to be able to strategically lead any organisation or entity towards the attainment of its mission and vision. I possess strategic leadership skills to lead and change organisations. I always strive to make a lasting impact by translating financial data and information into effective tools for decision-making and strategy formulation and implementation. I believe strongly in the development and empowerment of employees. The transfer of knowledge and the achievement of results with and through others are central to my modus operandi. Thank you for taking the time to review my application. Certified copies of my certificates are available on request. I would welcome the opportunity to discuss this further with you in an interview.

Detail-oriented Senior Accountant focused on improving company financial operations and streamlining processes using effective leadership, planning and decision-making abilities.

Knowledgeable senior accounting professional offering over twenty years of experience in financial operations. Strategic business leader, communicator and people manager.

Professional with strong background in accounting, equipped to drive financial accuracy and efficiency. Skilled in financial analysis, budgeting, and regulatory compliance. Known for reliable collaboration with teams and adaptability to changing needs. Excel in delivering results through strategic planning and problem-solving.

Results-oriented achiever with proven ability to exceed targets and drive success in fast-paced environments. Combines strategic thinking with hands-on experience to deliver impactful solutions and enhance organizational performance.

Experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.

Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organizational growth.

• Isaac, Makhoana, Senior Finance Manager, +27 14 786 1063, +27 71 350 4729, Siyanda Bakgatla Platinum Mine
• Samuel, Seepei, Chief Executive Officer, +27 64 646 6807, Mining Qualifications Authority
• Ratsietsi James, Monare, HRD Manager, +27 83 289 1561, Anglo American Platinum

• Current Employer: Siyanda Bakgatla Platinum Mine
• Position: Projects Coordinator - Finance
• Key Performance Areas:
• PORTFOLIO
• Stay in Business Capital
• Capital Replacement of equipment
• Replacement of infrastructure
• Replacement of Ore Reserves
• Maintain or improve efficiency of an existing operation
• Initiatives to improve efficiency below 10% to increase in capacity
• Business improvement and continuity
• Risk management (Safety – Business – Legislation)
• Expansions
• Production increases capacity
• Maintain production capacity
• CHANGE MANAGEMENT
• Recording of changes and variation from project approval.
• Scope management and cost control.
• Change of scope (COS) is an alternation to a fundamental concept of the original design criteria or to a basic parameter that changes any part of the original accepted and agreed scope of a project.
• Fund extensions if the omission is identified in the early phases of the project as there would be a high level of risk that the project will have sufficient funding for the remainder of the original scope.
• Variation of scope (VOS) is an alternation to the design criteria or an item without changing the basic scope of the original project.
• Escalation claim is done when the current price of an item increased from the original base estimate price of the same unit.
• Approval of Vote packs is a three-way matching that entails cross-referencing the CBE with its corresponding Vote Application financials and source documents to make sure all financial information is the same and balances to each other.
• Check if the project was budgeted for in the current financial year.
• Compare the requested amount against the budgeted amount.
• Do budget transfers if the requested amount is more than the budgeted amount.
• Review the Cost Base Estimate - the breakdown of the requested funds or funds allocations.
• Review the scopes of works.
• Ensure the Schedule of Fixed Assets (SoFA) is clear and comply with company policy.
• Ensure the vote pack is signed off as per approval matrix and delegation of authority policy.
• Do budget transfers and ensure the budget transfer file is updated and be ready each month end.
• Cost Control should be instituted at quotation approval stage through thorough quotes analysis.
• Overseeing purchase requisition flow and purchase order creation.
• Do three-way matching to ascertain if the items/services that were delivered/rendered ordered and or Were the items/ services invoiced delivered/rendered.
• Communicate with end users and suppliers.
• Attending to queries by ensuring queries are solved within reasonable time.
• Manage Commitments and send out Commitments reports monthly to end users to try to bring commitments under control.
• Preparation of Month-End Journals.
• Cost reallocation between project numbers, cost centers and/or general ledger accounts.
• Do Provisions or accruals journals.
• Check monthly costs and make a provision using last month invoices.
• Reposting identified costs from Balance Sheet to Working Costs.
• Draw a trial balance and check for non-capital costs.
• Do re-postings in the form of capitalization in the assets module.
• REPORTING
• Capital and SLP Saving report.
• Budget vs Actual report.
• Commitments report.
• Monthly Capital Report Pack.
• Comments on the Costs in general for senior management.
• Monthly Capital report to be published and sent out to all end users, managers and to all Senior HOD’s.
• Capital Cashflow Forecast.
• RECONCILIATIONS
• Assets register against the cost report.
• Accruals listing.
• Reconciliation between SLP/ESD cost center and SLP/ESD capital module cost.
• ASSETS MANAGEMENT
• Check, review and sign-off the Fixed Assets Register.
• Extract lead schedule report.
• Extract Termination/Addition and Scrapping of Assets report.
• Check, review and sign off the depreciation costs.
• Review and sign off Assets/CO reconciliation.
• Position: Accounts Payable Coordinator (July 2019 – February 2021)
• Optimise the Accounts Payable function in order to enhance working capital and free cash flow.
• To ensure adherence to legislation, group policies and procedures of all activities within an area
• Oversee the implement and maintenance of an effective filing system that ensures easy access, preservation and retrieval of documents
• Guide accounts payable team to ensure that the correct creditor is paid the correct amount at the correct time within the correct payment terms
• Supervise, manage and review creditor reconciliations on a continuous basis
• Put in place control processes that documents the receipt of documents for processing purposes
• Develop, maintain and perform an effective query resolution process
• Compile and interpret periodic and regular reports relevant to the function
• Actively implement and monitor controls to ensure a timeous, effective and efficient accounts payable environment
• To supervise and develop employees ensuring an engaged and competent team
• To effectively manage the budget including cost saving initiatives
• Effective stakeholders, suppliers, internal customers and team interaction through sound communication practices
• Coordination of activities within accounts payable and relationships with peers
• Previous Employer: Pendusa Ulwazi
• Position: Director - Finance (September 2017 – June 2019)
• Reason for Leaving: Future Prospects
• Primarily involved with new business development and setting up of new subsidiary companies.
• Design policies, procedures, processes, controls, reporting tools and templates and a financial model for a newly established company.
• Review and implement operating and financial systems and processes across the company.
• Provide tools to facilitate understanding of business drivers, planning, forecasting, total quality management, risk management, performance monitoring and reporting that will assist the various units to achieve their objectives
• Commission and appropriately staff the organisation.
• Drive the development and implementation of the company strategy and the annual performance plan.
• Responsible for risk management functions of the company.
• Performance management, development and motivation of staff.
• Verification and approval of all expenditure against plans and budgets.
• Periodic reporting of performance - both financial and operational to the board of directors.
• Engagement with community stakeholders and shareholders.
• Previous Employer: Mining Qualifications Authority (MQA)
• Position: Operations Process Manager (June 2015 to May 2017)
• Reason for leaving: Contract Assignment
• Reporting into the CEO
• Collaborated with the Department of Mineral Resources and the Department of Higher Education and Training to achieve the Government's strategic goals in higher education funding and the development of the South African work-force.
• Designed the policy, procedures, processes, controls, reporting tools and templates and a financial model for a new business unit.
• Commissioned and appropriately staffed the bursaries Unit of the MQA.
• Management of the bursaries unit from the recruitment of bursars up to graduation.
• Review and implement operating and financial systems and processes across the MQA units.
• Participate in the development and implementation of the MQA’s strategy and the annual performance plan.
• Responsible for the collating, custody and management of all bursaries data, information and contract management.
• Responsible for risk management functions of the unit.
• Ensure financial governance, internal controls and compliance to the PFMA and reporting requirements are achieved to the specific timeline.
• Establish a process for managing commitments, provisions and accruals.
• Periodic reporting of performance - both financial and operational.
• Engagement with stakeholders - Institutions of Higher Learning, Department of Minerals Resources, Department of Higher Education, employer organisations, unions bursary holders and their parents or guardians.
• Periodic reporting and presentations to board sub-committees.
• Previous Employer: Anglo American Platinum
• Position: Finance Manager (June 2005 to Oct 2013)
• Reason for leaving: Voluntary Severance – Pursue private interests
• Reduced and controlled company expenses by holding both management and executives accountable through regular reporting and business reviews.
• Analysed key aspects of the business to evaluate the factors driving results and summarized results into presentations.
• Drafted the budget for different departments and monitored expenditures.
• Participate in the development and implementation of the operation’s strategy.
• Ensure financial governance, internal controls and compliance to standards.
• Initiate, develop, implement, streamline and maintain the necessary financial strategies, policies and procedures within the operation to effectively manage the financial function of the unit.
• Play an integral role on the Management Team of the unit to drive the operational performance and achieve the approved operational deliverables and targets.
• Employ commercial principles that are necessary to assess the impact of critical financial, operating and technical decisions on business performance.
• Responsible for management accounting, financial accounting, budgeting and forecasting requirements of the operation.
• Play an integral part in the operational performance of the operation by providing a complete and fully functional financial service to all stakeholders.
• Lead and manage the finance team through hands-on management and applying industry best practices.
• Designed a financial model for a business unit.
• Administration and calculation of bonuses.
• Continuously perform financial risk assessments through audits, feasibility studies and financial modelling to ensure continuous improvement.
• Keep management and all budget holders informed and fully aware of all financial related matters that may impact on the business units on a daily, weekly, monthly, quarterly and annual basis.
• Responsible for Time and Attendance office and on site procurement
• Provide effective services to the operation in terms of IT, supply chain management, bursaries administration and employee benefits.
• Support the overall business management of the operation.
• Previous Employer: CSIR: Mining Technology
• Position: Financial Manager (July 2002 to April 2005)
• Reason for leaving: Career Advancement & Back to the Mining Industry
• Responsible for the entire financial function of the division.
• Reporting directly into the Divisional Executive Director.
• Participating and influencing strategy and the business planning process.
• Development and implementation of adequate financial strategies, policies, controls and procedures for the entire finance function.
• Ensure that the financial affairs of the organization are managed in accordance with the requirements of the PFMA and Treasury Regulations.
• Responsible for the entire budgeting process of the organisation.
• Management and development of staff in the Finance and Site Services departments.
• Debtors and creditors management.
• Preparation of periodic management reports to the divisional management, the Miningtek Advisory Board and the CSIR executive.
• Liaison on a regular basis with internal and external auditors.
• Management and maintenance of systems to effectively perform project accounting.
• Custody and management of assets/capital.
• Administration and maintenance of buildings and surroundings.
• Monitoring performance against budget and strategy.
• Compile insurance returns and applications.