Summary
Overview
Work History
Education
Skills
Personal Information
Additional Information
Timeline
Generic

Zama Somkebe

Asset Finance Administrator
FOURWAYS

Summary

Results-driven Asset Finance Administrator with over six years of experience in the financial services sector, specializing in leasing, asset finance, and regulatory compliance. Proficient in drafting lease agreements, reviewing FICA documentation, processing invoices, managing financial accounts, and client onboarding across various software platforms. Known for strong attention to detail, excellent organizational skills, and the ability to ensure smooth financial operations within fast-paced environments.

Overview

9
9
years of professional experience
10
10
years of post-secondary education

Work History

Discounting Administrator (Asset Finance Administrator)

Itec SA
Paulshof
04.2022 - Current
  • Verify client's identity (FICA) using reliable, independent source documents, data, or information (CIPC, SARS, Experian,XDS).
  • Ensure that electronic contracts for asset equipment's and relevant resolution are completed, loaded, and sent out correctly on DocuSign for signature.
  • Ensure asset equipment deal packs are checked thoroughly and complies with approval criteria submitted to the finance house for payout quickly and efficiently.
  • Reconcile finance accounts on a weekly basis, process payout journals ensure that customer accounts are up to date (i.e Payment allocated to the correct account/invoice)
  • Invoicing of all finance and cash transactions with applicable POD's / job cards(investigate and resolve invoice discrepancies)
  • Match payments to invoices and investigate and resolve invoice discrepancies
  • Prepare sale credit notes for first month rental, settlements, and document fees.
  • Compile monthly GP reports and help with month end close
  • Build relationships with both Deal partners and funders to ensure quick and efficient communication on deal payouts and ensure internal reporting is accurate and up to date daily.

Data Verification Administrator

Stanlib
07.2021 - 04.2022
  • Perform FICA reviews and remediation, ensuring that all policies, procedures, and minimum standards are maintained.
  • Ensure all static information is captured accurately on relevant system.
  • Primarily focusing of on-boarding new and existing clients into digital platform.
  • Gather FICA and KYC information for on-boarding onto the platform.
  • Engaging with the admin/relevant staff on the client side.
  • Engaging with Client Fund Managers for client details.

Officer, Property Leasing Administration

Standard Bank
11.2020 - 06.2021

Administrator (Compliance)

First National Bank
04.2018 - 12.2018
  • On boarding and Vetting of Debit Order mandate EFT and NAEDO payment system.
  • Screening of clients against the User Debit Order Abuse List.
  • Issue out Compliance Reports provided that the mandate is compliant and reject mandates that do not meet the minimum criteria.
  • Receive Debit Order Dispute forms from the branches or directly from the customer.
  • Check if the Debit Order Dispute form is valid or not.
  • Verify client information on systems in accordance with FICA rules and administration of customer accounts.
  • Liaising with customers and stakeholders on unresolved debit order disputes.

Property Leasing Consultant

Standard Bank
02.2017 - 03.2018
  • Draft new lease agreements, renewals, addendums, and relocation leases and prepare cancellation letters for underperforming sites.
  • Conducting market rental surveys (rental & escalations) for new deals, renewals, and relocations.
  • Applicable approved plans such as Occupancy Certificate, Zoning Certificate, Certificate of Compliance and Structural Certificate are collected from Landlords.
  • Request FICA documents from the Landlord for new Lease preparation and adhering to applicable legislation.
  • Do deeds search on company to verify company validity and landowners.
  • Draft 'Proposals to Lease' for the Landlord's acceptance.
  • Perform secretarial function and weekly reporting on outstanding leases.
  • Prepare lease approval memorandum for lease rental payments and acceptance letters.
  • Arrange for signature of lease agreements by the Bank in accordance with the signing Limits of Authority.
  • Dispatch lease document signed on behalf of the Bank electronically, to the Landlord for signature.
  • Ensure that timeous return of the executed duplicate original lease from the Landlord and ensure loading of agreements on the system.

Administration Clerk

Life Green Group
09.2016 - 01.2017
  • Create purchase orders.
  • Prepare payment requisitions.
  • Monitor vendor accounts to ensure payments made timeously.
  • Request for price quotations from supplies.
  • Action accounts payable invoice payments by capturing and processing the data on the relevant system and filing the invoice documentation.
  • Processing credit notes.
  • Follow up on outstanding invoices from suppliers.
  • Cashbook processing and reconciliation.
  • Assist accounts payable supervisor with the reconciliation of the unallocated receipts.

Education

Higher Certificate - Management

Milpark Business School
Johannesburg, South Africa
02.2017 - 12.2017

National Diploma - Accounting

University of Johannesburg
Johannesburg, South Africa
02.2013 - 12.2015

National Senior Certificate -

Carleton Jones High School
Carletonville
01.2008 - 12.2012

Advanced Diploma - Accounting Sciences

UNISA
Johannesburg, South Africa
02.2024 - Current

Skills

Computer Literate

Communication Skills

Time management

Attention to detail

Recordkeeping and file management

MS office (Excel, Microsoft word, Power Point)

Problem-solving

SAP

Pastel Partner

Accpac

B365

Personal Information

  • Full name: Zama Blossom Somkebe
  • Date of Birth: 11/10/94
  • Driving License: C1


Additional Information

Reference: Available upon request

Timeline

Advanced Diploma - Accounting Sciences

UNISA
02.2024 - Current

Discounting Administrator (Asset Finance Administrator)

Itec SA
04.2022 - Current

Data Verification Administrator

Stanlib
07.2021 - 04.2022

Officer, Property Leasing Administration

Standard Bank
11.2020 - 06.2021

Administrator (Compliance)

First National Bank
04.2018 - 12.2018

Property Leasing Consultant

Standard Bank
02.2017 - 03.2018

Higher Certificate - Management

Milpark Business School
02.2017 - 12.2017

Administration Clerk

Life Green Group
09.2016 - 01.2017

National Diploma - Accounting

University of Johannesburg
02.2013 - 12.2015

National Senior Certificate -

Carleton Jones High School
01.2008 - 12.2012

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Zama SomkebeAsset Finance Administrator