Construction Project Accounting Manager

*

The Recruitment Manager

Below is my career highlight

I am equipped with the vision and purpose to drive organizational change and am able to adapt positively to any challenges that arise both personally and professionally. I am a self-starter who is goal-driven, dynamic and passionate in my dealings with people and business. With over 20 years of professional accounting experience and skill set, I have developed a high level of proficiency in all aspects of Finance disciplines, i.e. management and Financial accounting, as well as general accounting knowledge and expertise. I am a team player and have the ability to form trusted relationships with subordinates, clients as well as superiors. I strive continually for excellence in any responsibility entrusted to me.

I am adept in budgeting, budget monitoring, forecasting, variance analysis, and general ledger reconciliations and reporting

Through my career I have gained experience in the following fields: 1. Financial and Management Accounting

• Streamlining processes to improve efficiency

• Budgeting and reporting

• Timeously projects future trends with proficiency and proactively analysis

• Developing, executing and monitoring sound and effective finance processes and internal controls

• Pay attention to details

• Prepare audits and work directly with auditors to facilitate the process

• Provide the leadership required to drive key accounting initiatives and by building effective relationships within existing value chain

• Positively impact any existing finance team

• Expert on SAP and Microsoft Office

2. Procurement

• Co-coordinating business procurement needs

• Analysing purchase requisitions and allocate to buyers according to expertise

• Identify new suppliers, agree terms and negotiate supply agreements

• Forming cross functional team to accelerate the process

• Negotiate contract terms and prices

• Strategic spares/Material procurement

• Emergency procurement

• Provide the leadership required to drive key procurement initiatives and by building effective relationships within existing supplier networks and the community stakeholders 3. Internal Audit

• Driving all aspects of internal audit engagements and preparing audit plans by developing key risk assessment models

• Attention to details

• Accurately and timeously analysing financial statements, testing effectiveness and compliance to internal controls

• Recommending sound and effective controls to minimize risk

• Keep the company abreast with changes and new financial standards and/or practices With my comprehensive experience in finance discipline and operations, combined with my inherent leadership, interpersonal, and organizational skills, I am ready to provide outstanding service within your company. Sincerely,

Sibusiso Madonsela

Certified Financial Accountant

CFAIcba (SA)*

Mobile: 081*******

2

083*******

Email: ********@*****.***

PRIVATE AND CONFIDENTIAL PROFILE

Cell: 081-***-**** / 083-***-****

E-Mail: ********@*****.***

Linkeldin

PROFILE OF SIBUSISO HERBERT MADONSELA

Surname Madonsela

First Names Sibusiso Herbert

Citizenship South African

Identity No 710-***-**** 08 5 D

Gender Male Passport Status Valid

Residing in

274 Mjejane Trust,

Hectorspruit 1330

Areas to consider Willing to Relocate

Languages Spoken English, Afrikaans, SiSwati, IsiZulu, Tsonga, Sepedi Expectation Negotiable

• Exceeded the targets in terms of, number of contracts, days to award a contract with limited resources

• Effectively established, managed and monitored the Strategic Spares Buying Team without compromising daily duties

• Achieved best performance in cash flow management which meant the power station’s funds was put to optimal use for most of the times.

• Successfully implemented cash flow management and training of other Business unit within and outside Eskom Generation division.

• Strategic Planning

• Report Writing

• Data Analysis

• HR and IR Management

• Negotiations

• Leadership

• Delegation

• Conflict Resolution

• Stakeholder Engagement

• Performance Management

• Adaptability

• Communication

• Professional Accountant, registered with Institute of Certified Bookkeepers and Accountants, membership No. 4835554

Current Employment None

Availability/Notice Period Not applicable

ACHIEVEMENTS

ACQUIRED SKILLS / ABILITIES

PROFESSIONAL MEMBERSHIP

EDUCATION DETAILS

3

Highest Grade Grade 12 Institution Nkomazi High School Subject Accounting, Economics, Business Economics, Mathematics, Siswati, English and Afrikaans

Year Passed 1990

Qualification Bachelor of Commerce (BCom) Institution University of the North, Qwaqwa

Subject Accounting, Cost Accounting, Commercial Law, Business Economics

Year Passed 1995

Qualification Bachelor of Accounting Science (BCompt) Institution Unisa Subject Taxation, Auditing

Year Passed 2004

ADDITIONAL COURSES / CERTIFICATES

• Clerical and Administration Certificate, Northern Training College-Komatipoort,1991

• The main focus was general office administration Eskom Internal Courses

• NEC, FIDIC, PPPFA, PFMA, IFRS, Ethics Code of conduct, Safety, Forensic Investigation and Fraud prevention

COMPUTER LITERACY

• Ms Word

• Ms Excel

• Ms Power Point

• Internet

• Email

• Mainframe

• SAP: Cost Centre Owner,

Accounting, Purchasing

• Pastel

• Point of Sale

CAREER DETAILS

Name of Employer Vunene Mining ( Ermelo)

Designation / Title Mine Accountant

Period of Employment

February 2019 – August 2019

• Debtors and Creditors management, Monthly Reporting, General Ledger management, Processes and Sound internal controls development, implementation and monitoring

• SARS Returns preparations and submission, Intercompany accounts Management, Management accounts preparations and submission,Year-end pack preparation Name of Employer Eskom Kusile Power Station

Designation / Title Senior Accountant

Period of Employment February 2018 – January 2019

Reason for Leaving Contract Expired

• To setup Financial accounting department

• Ensuring Governance and compliance

• Monthly Management Report

• Monthly reconciliations

• Cash flow management

• VAT201 & ITR14

Name of Employer S’buthe & Shopmor Enterprises

Designation / Title Director and Co-owner

Period of Employment 2015 – 2018 and 2019 to Date

Reason for Leaving Career Development

Commercial Property Development

• Appointment and management of contractors

• Construction Project Management Bookkeeping

• Accounting and financial reporting

4

Operations Management

• Marketing

• Merchandising

• Stock Purchasing and Inventory management

• VAT201 & ITR14

Name of Employer Eskom Kendal Power Station

Designation / Title Acting Procurement Manager

Period of Employment 2014 - 2015

Reason for Leaving New Challenge

• Advised the company on procurement processes, policies and practises (Shortened turnaround time)

• Developed and implemented effective procurement internal controls

• Saved time and resources by getting clear descriptions, specifications and drawings to prevent non-response by suppliers

• Developed sourcing strategies

• Co-ordinated and led the clarification meetings between internal and external stakeholders in a supply chain

• Ensured the company gets value for money (R74m savings)

• Managed buyers KPI’s

• Established long term contracts to avoid repetitive buying and price changes (141% Target exceeded)

• Presented high value tender reports to the high committees according to delegation of authority

• Expedited delivery

• Ensured that contracts are managed appropriately, in terms of budget, payment and compliance Name of Employer Eskom – Group Finance

Designation / Title Senior Advisor Financial Accounting Period of Employment 2012 - 2014

Reason for Leaving New Challenge

• Developed and presented financial strategies and plans

• Ensure governance and compliance (Cash flow PCM and Ethics training)

• Reviewed reports for accuracy, completeness and validity and made recommendations

• Monthly and yearly reporting

• Evaluated financial performance of the Business Units

• Ad hoc internal auditing

• Training of staff

• Audits preparations and coordinating

Name of Employer Eskom Kendal Power Station

Designation / Title Financial Accounting Manager

Period of Employment 1997 - 2012

Reason for Leaving Promoted

• Management Team member

• Compiled monthly and annually financial reports and interpret financial information to managerial staff while recommending further courses of action

• Developed trends and projections for the company finances

• Conducted reviews and evaluations for cost-reduction opportunities, without compromising the operations

• Controlled and monitored cash flow and predicting future trends and recommend action

• Developed internal controls to minimise financial risks

• Oversee operations of the finance department, set goals and objectives, and monitored the performance

• Managed the preparation of the company’s budget

• Ensured compliance to accounting standards and Reporting

• Provided support to group managers, through data analyses, report on actual performance vs. budget

• Assisted management in decision making that affects the financial health of the organisation

• Kept abreast with changes in laws, regulations and Governance and ensure compliance by the organisation

• Accounts Payable, Receivable, and Petty Cash Management

• Trained Eskom personnel on cash flow management

• Consolidated the entire budget of the business unit and made an annual cash flow budgeting and monthly forecasting.

• Facilitated financial year-end closing and audits.

• Forex Accounting

• Designed, implemented and monitored sound internal controls to safeguard company assets.

• Trained new finance recruits and Graduates in training.

• Reviewed and approved all Monthly Balance Sheet Accounts ledger reconciliations 5

• Custodian of pay roll administration

• Conducted Business unit forensic investigations

• VAT201 & ITR14

Acting Management Accounting Manager

• Budgeting, management of budget and forecasting

• Preparing and consolidating monthly management report

• Liaising and advising managerial staff

• Supervising and coaching line management accountants

• Presenting financial performance of the business unit References

Mr. Christopher Nani, General Manager Eskom Kendal Power Station (013-***-****) / 082-***-**** Mr. Gladman Mkwai, Former General Manager Eskom Majuba Power Station 082-***-****

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