Limeez Mohamed

** ******** ****, ******* ****, RONDEBOSCH, 7700

Cell: 072-***-****

Tel: 087*******

ID No: 721***-****-** 0

Email: adj6zb@r.postjobfree.com

Employment History

1.1 FINANCIAL ACCOUNTING / HEAD OF ACCOUNTS PAYABLE & RECEIVABLE / PROJECT ACCOUNTING (June 2006 – February 2008) (April 2009 to November 2018) (August 2019 to Current) De Beers Marine (Pty) Ltd, in Pinelands, Cape Town.

Duties and responsibilities

Responsible for overseeing the execution of the transactional processing of financial accounting sections for Accounts Payable, Accounts Receivable, Fixed Assets and Cash and Bank. Reporting – financial and statutory

Team reporting to my role:

• Senior creditors clerks

• Senior finance clerk

• Goods receipting coordinator

• Finance Officer

People management

Manages and controls human resources for optimum utilization by:

• Setting individual and team goals to support unit objectives;

• Directing subordinates to achieve individual and team objectives;

• Assessing subordinate performance and implementing corrective measures where necessary;

• Identifying the training and development needs of subordinates and implementing them;

• Providing mentorship/coaching as required;

• Developing and implementing career and succession plans to increase section and individual effectiveness;

• Ensure adequate governance and internal controls are adhered to

• Safety, health, security and environmental effectiveness – adhere to and promote applicable legislation, group safety, security and environmental policies, procedures, goals and objectives Accounts Payable

• Review and post direct invoices ( DI’s) on SAP

• Approve monthly creditors reconciliations

• Onboarding of new vendors and maintenance of current service providers

• Review inter-company reconciliations.

• Review monthly vendor master report and ensure accurate recording of information for new vendors and existing vendors (for amendments)

• Review and investigate monthly open item listing for local, foreign and group vendors, as well as payroll vendors.

• Review weekly payment proposal

• Post weekly payment proposal

• Review and approve all intercompany payments

• Weekly review of age analysis and ensure suppliers are paid within the agreed terms.

• Review weekly GRIR report and follow up on outstanding items and purchase orders.

• Resolve escalated queries /issues.

Accounts Receivable

• Review and post debtors invoices and ensure forwarded to group companies in terms of the agreement with them

• Review age debtors age analysis and recommend write offs/ corrective action

• Review and approve individual debtor account reconciliations as well as control account reconciliations for local, foreign and group, as well as payroll debtors.

Fixed Assets

• Supervise and maintain the integrity and accuracy of the Fixed asset register in the following areas:

Management of the overall fixed assets of De Beers Marine. Ensure that all assets are properly identified, recorded and depreciated.

Ensure that only assets with a useful life of more than one year are classified as fixed assets and are capitalised accordingly.

Ensure that the information contained in the Fixed Assets Register is complete.

Ensure that purchases which represent additions to existing assets are capitalised timeously.

Maintaining the Fixed Asset Register to keep records of the composition of De Beers’ assets, by ensuring that the Fixed Assets Register contains all the information as per the De Beers’ Finance Policy requirements.

Physical verification of assets

Maintaining the integrity and accuracy of the Scrapped Assets database.

Ensure appropriate close –off of asset register at month end.

Review fixed asset register monthly.

Review relevant reports and audit trails monthly.

Review depreciation calculation monthly.

Review budget and forecast depreciation calculations

Review reconciliations between general ledger and fixed asset register.

Ensure all Fixed Asset related financial transactions are recorded in accordance with IFRS and relevant company policies and procedures. Travel, Expense Claims and Petty Cash

• Review and posting of petty cash slips and credit card expenses.

• Approval of re-imbursement of Petty Cash float

• Review and approve of daily and monthly Petty Cash reconciliations.

• Perform adhoc Petty Cash counts

• Review and approve all expense claim reconciliations for Travel

• Perform GL account reconciliations for Travel.

• Process all journals relating to Travel.(including monthly accruals)

• Review and approve all credit card reconciliations

• Review and post all credit card transactions.

• Responsible to ensure timeous re-imbursement of claims via payroll.

• Prepare documentation for VATIT to claim foreign VAT

• Responsible for Petty Cash policy and procedure. Banking, Cash Flow & General Ledger

• Approve weekly bank reconciliations

• Review monthly GL Recons of subordinates.

• Prepare balance sheet reconciliations

• Review of six week rolling forecast cash flow preparation

• Review cash flow for forecast and budget

• Post debit and credit notes( received from Treasury) on SAP on a daily basis

• Review and approve daily Standard bank reconciliation account

• Review all intercompany reconciliations

• Review GL reconciliations prepared by subordinates

• Prepare and post monthly journals

VAT, Tax & Customs – RSA, Namibia and Norway

• Compile schedules supporting calculations for statutory amounts payable on a monthly basis

• Execute monthly VAT posting on SAP

• Review the Vat accounts to ensure VAT has been correctly processed and claimed ito the VAT Act

• Compile the statutory returns( i.e. RSA and Namibian VAT returns; Namibian Import VAT) and ensure compliance with relevant tax legislation and submit to authorities.

• Compile the schedules for Norway VAT

• Ensure statutory payments are made accurately and timeously

• Complete bank documentation for provisional tax payments

• Compile and submit schedules for SARS VAT audits.

• Prepare annual IT14SD schedules and return for submission to Group Tax and SARS. Reporting

• Compile schedules for month end reporting

• Prepare schedules and returns for SA Reserve Bank and Stats SA.

• Prepare Income statement and balance sheet for monthly tax calculation

• Confirm intercompany balances with the Group

• Process month end tax journals

• Upload schedules for month end reporting on AFC reporting system

• Prepare monthly, budget and forecast Capex schedules for submission to Group Reporting

• Assist with preparation of Annual Financial Statements

• Print month end CFO report for sign off by financial manager and submit to Group Reporting Project Accounting

• Responsible for Timesheets

• Weekly cashflow forecast of Projects

• Budget control

• Administration of the change control process

• Analyse and report on variances

• Support in closure of open orders and contracts

• Capturing and filing in eB (document storage system) Innovation

• Use expertise to introduce systems which enhance the effectiveness of the position/team.

• Provides advice which is acted upon and leads to improvements of the position/ team.

• Implement new knowledge to keep abreast of developments Other

• Month end close of all modules in SAP

• Co-ordinate and liaise year-end audit with external auditors

• Co-ordinate and liaise with SARS and Ministry of Finance

• Co-ordinate and liaise internal audits relating to Financial Accounting

• Stand in for monthly payroll posting in the absence of the Senior Financial Accountant 1.2 Ass. Cost Accountant (February 2008 – April 2009), De Beers Marine (Pty) Ltd, in Pinelands, Cape Town. Responsible for the monthly revenue calculation and customer billing Manage and provide shorebased variance analysis reports to shorebased budget holders and make recommendations where appropriate

Responsible for assisting shorebased budget holders during budgets and forecasts. Scrutinize costs recorded for accuracy and identify re-allocations of costs Process reallocations of costs in SAP

Ensure that working costs do not contain amounts that need to be classified as fixed assets. Ensure that cost forecasts are accurate and that forecast changes are complete and valid Provide relevant month end reports to the client (DBMN) 1.3 Accounts Supervisor (1999 - 2006), Permanent skilled level position at Pyramid Freight T/A UTi Responsible for full functions of Accounts Payable and Accounts Receivable Complement of 6 subordinates

Reason for leaving: Growth and development

1.4 Credit Controller (1994 - 1999), Permanent skilled level position at Alpha Stone & Readymix Responsible for full credit control function including collections Reason for leaving: Growth and development

1.5 National Credit Controller (1992 - 1994), Permanent skilled level position at Europcar Responsible for full credit control function including collections Reason for leaving: Growth and development

1.6 Accounts Clerk (1991 - 1992, De Witt Shipping CC Responsible for invoicing, debtors collections, supplier payments and banking Reason for leaving: Growth and development

Tertiary and Secondary Education Details

2.1 Tertiary Education: BCompt Accounting Science Degree at the University of South Africa (UNISA) 2.2 Secondary Education: Grade 12

Subjects passed: English 1st Language HG, Afrikaans 2nd Language HG, Accounting HG, Physical Science HG, Biology HG, and Mathematics HG

SKILLS & COMPETENCIES

• Capable of delivering high volumes of complex work under pressure

• Ability to work in changing circumstances, with different professionals, performing multiple and varied tasks

• Ability to apply discretion and treat information with the necessary confidentiality

• Assertiveness and the ability to communicate in a polite, effective and professional manner, establishing and maintaining good relationships with all customers and stakeholders at all times

• Ability to understand and solve problems within the required scope of work

• Ability to work well within a team environment and optimising team effectiveness

• Positive attitude to consciously encourage and facilitate team philosophy to accomplish objectives.

• Ability to work under stringent deadlines, whilst ensuring accuracy and attention to detail

• Willingness to come up with action plans and implementing initiatives

• Ability to plan, organise, co-ordinate and control key business activities

• Ability to apply good time management and review own work (Self-management)

• Ability to delegate, co-ordinate and monitor, whilst applying the necessary discretion, sound judgement, decision making and supervisory skills

• Strong knowledge of statutory requirements

• Advanced computer skills; i.e. proficient in MS Office

• SAP, XERO and Navision

• Prism

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