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Finace Business Partner

Location:
Johannesburg, GP, South Africa
Posted:
November 29, 2017

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Resume:

Profile Full Name : Erick Bheki Msibi

Date of Birth : 5 December 1973

Citizenship : South African

Languages : English, Zulu, Swati, Afrikaans

Education Masters in Business Administration

MANCOSA

Bcom Honours

Regent Business School

Bcom Management Accounting

UNISA

Diploma Technical Financial Accounting

Institute of Certified Book keepers SA

Management Diploma Human Resources

Midrand Campus (Midrand Graduate Inst)

High Certificate Payroll Administration

Institute of Certified Book keepers SA

Certificate VIP Payroll

VIP

High Certificate Payroll Administration

Institute of Certified Book keepers SA

Work History ABSA BANK (Barclays Africa)-Financial Shared Services

Finance Business Partner: Capital Investment-Projects

DUTIES:

Capital Projects:

Manage the Financial Governance on Capital Project effectively

Provide financial support to business by ensuring that all procedures, processes governing project are fully adhered to at all levels

Effective management of Projects Budget

Provide support to business to effectively implement allocated budgets

Monitor and ensure that the Group Project Budget is not over spend

Project depreciation budget for capital projects on an ongoing basis

Manage the end to end process from ensuring all PO are properly generated, and all invoices paid.

Ensure that all queries are followed up and timely resolved.

Ensure that all projects are closed off once completed.

Review of capital expenditure business cases

Establish process of valuation of freehold property in line with Barclays

Monthly management reporting on Capital project.

Sit in Capital Projects Board and provide sound financial input to the Board

Manage the projects capitalisation at projects completion

Fixed Assets:

Maintenance of the fixed Asset register

Manage the capital projects impact in Fixed Asset

Properly capitalisation of capital project

Ensure accurate accounting of projects capitalised for both accounting and tax

Monitor monthly capitalisation and depreciation impact

Ensure accurate depreciation is been applied

Ensure the residual value utilised is reasonable

Management and Maintenance of the Group GRRIR General Leger

Establishing methodology to manage and ensuring that goods receipts invoices are paid, and keep the GL balance below 60days threshold

Personnel Management and Development

Manage staff performance and Development

Motivate, guide and mentor personnel

ABSA BANK (Barclays Africa)

Finance Business Partner: Corporate Real Estate (CRES) Africa

DUTIES:

Provide financial support to Business in meeting strategic objectives and value proposition:

Monthly, Quarterly and Annual Management reporting

Design and define appropriate management reports

Compile and present monthly management pack

Provide the management with full financial support for sound strategic business decisions making in a regular basis.

Advise business of financial performance trends and flag any potential financial risks exposures to the business.

Monitor business financial performance and in monthly bases provide variance analysis.

Provide financial input to group financial reporting according to IFRS requirement.

Partner with Business to complete sound annual financial plans within the agreed time frames:

Medium Term Planning (MTP) - Compile and provide annual financial input into MTP

Short Term Planning (STP) - Ensure Annual STP aligns with 1st year of MTP and cost centre STP aligns with high level STP

Revised Annual Forecast (RAF) - Financial Inputs into quarterly RAF

Manage the outcome on all of the above

Ensure appropriate cost bridges to verify all movements

Audit findings- Action taken to resolve other audit findings within agreed timeframes

Participation in CRES management forums, strategy sessions and activities

Reporting and communication of financial results and Problems

Keeping line breast with changes in field

Creating and Maintaining functional relationships and alliances

Inform line of changes in reporting, accounting or other financial and cost management related principles and policies

Participate in Finance and BU events

Nkomati Mine – JV ARM & Norilsk Nickel (Mining)

Management Accountant

DUTIES:

Management Information Report

Annual and Monthly Financial Reports

Management of Cost Reports

Completion of Executive summary Reports

Monitoring and advising Management/Budgets holder on Expenditure trends, Cost analysis

Sitting and presenting Financials on Monthly planning meetings

Budgeting, Compile and control

Monthly/quarterly forecasting

Five year planning

Management of the Capital expenditure

Management of the Fixed Asset Administration Function

Month end and Year end Reporting

Financial Modelling

Develop Management Accounts SOP’s

Xstrata Coal (Tweefontein Division) - Mining

Management Accountant

DUTIES:

Management Reports

Annual and Monthly Financial Reports

Compile AFE’s (Application for expenditure)

Approval of AFEs-both repairs & maintenance, and Capital Exp

Allocation of invoices

Maintain Repairs and Maintenance Schedule and tracking System

Cost report, capital AFE’s and R&M, analyse and discuss on -table B Meetings (weekly)

Budget- monitoring and control

Forecast- capital and, repairs and maintenance reports

Inter-companies

Reconciliation (balance sheet)

Asset Register

Finalise monthly statements (actual and forecast)

Finalise Balance sheet (actual and forecast)

GL Accounts reconciliation

Age analyses- monthly

Compiling note to operating statements

Coal stock valuation

Controlling contractor’s provisions

Compile, print and distribute the monthly books

Preparing and balancing month-end dump file

Completion of PPE files

Completion of Executive summary reports

Matla Coal (Exarro) - Mining

Financial Accountant

DUTIES:

Management Reporting

Annual and Monthly Financial Reports

Monthly Departmental Performance Reports

Budget- monitoring and control

Management of Audit Reports-Internal and External

Monthly VAT Returns

Cash book management

Insurance claims management

Provision for Bad debts

Processing of Inter Company Transactions

Approval of Suppliers in the system

Approval of Payments

Approval of Journals

Reconciliation (balance sheet)

Management of Accounts Department

Management of Asset Administration department

Manage the Contractor for Telephone Management Systems

Mentor-Leaner Officials (Accounts Department)

Co-ordinator ISO –Admin Department

2IC to the Financial Manager

LGM SA (JV LGM & MS Tshungu and Ass)

Commercial Manager –Facilities Management

DUTIES:

Finance / Management Accounts:

Monthly Financial Reports

Management of Creditors Department

Debtors: Invoicing, recons, collections

Approval of Suppliers

Inter Company Recon

Monthly VAT Returns

Controller (internal audits)

Budgeting (control and monitoring)

Approval of payments

Management of Payroll Department

Preparation of RSC Levy for payment

Preparation of Management Reports

Provide Full Financial Support to Corporate Real Estate Services(CRES) by:

Supply Chain:

Management of all contracts

Representing the company in the NCCA meetings

Managing the Tendering process

Business Development-Projects Management

Compiling Tender Proposals

Preparing Tender Document

Site Visits-Audits

Liaising with existing & new clients

Operations:

Management of customer relations

Attending to client’s problems; liaising with clients

General operational activities

Involved in the health and safety activities

Memberships:

SAIPA-South African Institute of Public Accountants

ICBSA-Fellow: Institute of Certified Bookkeepers of South Africa

References:

Mohammed Mayet-Vice President-Barclays Finance 011*******/082*******

Luke van Niewenhuizen-Manager Group Finance-Barclays 082*******

Dumisani Dlamini CFO-Ekurhuleni Dev. Company 084*******

Eric Thabo –Group Minerals Resources Manager SAMANCOR 072*******

Mrs Salome Tshungu-Founder & MD-LGMSA/Tshungu & Associates 072*******



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