Inter Group Analyst
Shell South Africa
Total years of experience :13 years, 2 months
Shell South Africa Inter Group Analyst Mar 2011 - Current
Report monthly and quarterly actuals for Multiple reporting entities in an area.
Co-ordinate the preparation of the monthly variance memorandum for the area, liaising with the various groups to obtain the information and explanations for the variances.
Review & Coordinate the preparation of; capital expenditure schedules, and accounting roll forward schedules, quarter packs, cash flows and annual audit packs for the Entities in the area.
Maintain and develop as appropriate, control procedures and processes around financial reporting & analyses.
Delivery of ‘best in class’ service and provide ad hoc project support as required.
Ensure Timely and qualitative reporting for the area.
Manage the end to end Reporting functions of an area.
Identify and resolve any month end related queries from FPA and Global Close & reporting teams.
Participate in the monthly review of the Financials (SAP) of a countryorarea.Deliverconsistent, simplifiedandstandardizedprocessesforallintergrouptransactions.ThisincludesBilling, DebtManagement, Reconciliations, Reporting and Query Management.Perform the Intergroup reconciliations of all Shell South Africa entities and to follow up on all reconciling item s andensure that ageing does not exceed 30 days.Effectively communicate with Finance and business Review and analyze all IG customer/vendor accounts to ensure that outstanding invoices are kept to am inim um.To run IG reports for distribution and use within the team as well as those that mightbenefitfrom it (Class ofBusiness, Management, etc). Trouble-shoottodeterminetheroot-causes foranyanomalities occurringinthe IGprocessesorwithintheIGteam.Extractandanalysedata, andsummarizeandpresenttheinformation regarding IG Key Performance Indicators for the South African IG team. Analysis of assigned audit exceptions and preparation of res ponsestoAuditorsSupportincostrecoveryassessmentsinRegionsandindividualOUsSupport in developing and operation of the relationship manager role for (key) Operating Com panies and regionsSupport in the production and delivery of s upporting docume ntation for cos t recovery like service provision and value propositionsImproving Cost Recovery, working capital support
Provide sound, timelyandhigh qualityanalysis, financialreports and forecasting to decision makers (TreasuryTeam)
Ensure tasks & financial analysis which includes verifying financial data are a l i g n e d, Al i g n i n g a d j u s t m e n t s i f n e e d e d u p o n G a r a n c e u p d a t e s
Provide data & financial analysis to facilitate business decision support Preparation of timelyand accurate Garance submission
Ensure reconciling items is cleared dailyand less within less than 30days If require process SAPGEN/Jnl entries if imbalance. Prepare and process all manual entries to ensure minimal unprocessedentries Prepare daily reconciliation for all bank accounts and follow-up on reconciliation items Responsible for maintaining and updating the Medium -term forecast(6 months) IdentifyBCS failed payments from the bank statement and advise relevant teamDeal with queries relating to open items from the bank statementsPreparemonthlymediumterm forecastaheadofsubmissiontothe EFT. Includes collaboration with Supplybusiness and others.Perform monthly varianceanalysisofpriormonthActuals vs ForecastKnowandapplyTreasury and Streamline policies as well as SARB policies.Manage and control the manual payment process, in line with Treasury guidelines Contributed, as the team Participate in global network calls contributing to success of TBO globally includingsubmissionofmonthlyMI requirements.Thoroughunderstandingof South African ReserveBank regulations andrequirements foramongstothers, imports and exports, Balance of payments (BOP), SARB application process.player, to the organizationand hostingofthe annualShellChairman’s Children’s Party.
Shell South Africa General Ledger Accountant Aug 2009 - Mar 2011
Perform reconciliations and analysis for assigned balance sheet accounts Followup reconcilingitemsensuringacurrentstatus Establishandmaintainrapportwithinbusiness/Focal points
Ensuring the business assists in providing adequate supporting documentation and explanations regarding reconciling items and clearing reconciling items daily.
Mar 2008- Jul 2009 Trader Assistant (SA Metal)
Cape Town Metro, Western Cape (South Africa)
Medical Aid / Pension Fund
Permanent Skilled Level position in the General management (Import / export)
sector
Trading commodities nationally and globally.
Provide information, advice and technical support to directors
Capturing traders deals on a daily position (futures and options)
Drawing up sales contracts (forward purchases / sales and physical
settlements)
Generating trading positions
Monitoring trading positions and exposures on a daily basis
Calculating daily profit and loss reports
Daily positions reporting to Head trader / Director
Monitoring and reporting margin positions
Liaise with suppliers and customers
Liaise with clearing agents / forwarders
Maintain price list
Check charges from agents prior to final authorisation
Process purchase requests
Verify charges on invoices (refer to Incoterms),
Capture invoices and Tracking and follow up of requisitions and sales
agreements
Build relationships with clients and colleagues locally and globally.
Insurance Administrator Assistant
Dealing with telephonic and written queries from brokers, clients, sales
representative and assesors.
Preparation, completion and sending of renewal terms to with clients or brokers;
Following up on renewals;
Completing the closing at renewal or after renewal of the policy;
Issuing of declarations;
Compilation of weekly and m onthly reports using a system;
Amendments of policies;
Issuing of new business;
Dealing with general queries;
Moresports Head Office Accounts Clerk Dec 2007 - Feb 2008
Preparation of m onthly m anagem ent accounts Monthly journals & ledgers Daily recons Variance analysis Credit card analysis Cashbooks Payment allocations Reconciling of bank statement Assisted with preparation Financial year end & month end deadlines.
Aug 2007- Oct 2007 Commercial & Industrial Planning Analyst (Chevron)
Cape Town Metro, Western Cape (South Africa)
None
Contract Skilled Level position
Financial Reporting and the preparation and analysis of financial results,
earnings commentaries (actual, Forecast and plan) with region Business
Planning and the coordination of the business plan development process.
Strategy Formulation by providing input on regional specific financial factors and trends Account Reconciliation and assist in resolving account reconciliation
questions and issues with global impact
Reason for Leaving: Contract (whilst lady on maternity leave)
Jun 2006- Jun 2007 Financial planner (Momentum Financial Planning)
Western Cape (South Africa)
Commission Only
Medical Aid
Permanent Skilled Level position
Reporting to branch manager Provide client with financial advice making
recommendations to utilize money. Accredited with medical schemes as health care broker, Accredited short term, risk and retirement planning,
Education, estate and investment planning
Reason for Leaving: Commission structured
B&J Meltz Nov 2003 - May 2006
Specialist
AdhocdutiesPreparationofmonthlymanagementaccountsMonthlyjournals & ledgers Dailyrecons Variance analysis Credit card analysis Cashbooks Payment allocations Reconciling of bank statement Creditors
Nov 2003- May 2006 Financial Manager Assistant / Recon Specialist (B&J Meltz)
Cape Town Metro, Western Cape (South Africa)
Medical Aid / Provident Fund
Permanent Skilled Level position in the Management & Cost Accounting
(Accounting) sector
Ad hoc duties Preparation of monthly management accounts Monthly journals
& ledgers Daily recons Variance analysis Credit card analysis Cashbooks
Payment allocations Reconciling of bank statement Creditors
Anthony Richards & Associates Collections clerk Sep 2002 - May 2003
Smart centre Office administrator Apr 1999 - Mar 2001
1 Updated 02 May 2014
Reference 1078095 ****
Skills
Current
Extensive
Typing over 10 years
Business Plans over 10 years
Credit over 10 years
Customer Relations over 10 years
Accountancy over 10 years
Account Reconciliation over 10 years
Economics over 10 years
Financial over 10 years
Financial Reporting over 10 years
Interpretation over 10 years
Marketing Management over 10 years
Mathematics over 10 years
Reconciling over 10 years
Reports over 10 years
Strategic over 10 years
Structured Methods over 10 years
Solid
Banking over 10 years
Employment
Mar 2011- Current Inter Group Analyst (Shell South Africa)
Cape Town Metro, Western Cape (South Africa)
Medical Aid, Pension Fund
Permanent Skilled Level position in the Management & Cost Accounting
(Accounting) sector
2 Updated 02 May 2014
Reference 1078095 ****
Deliver consistent, simplified and standardized processes for all intergroup
transactions. This includes Billing, Debt Management, Reconciliations,
Reporting and Query Management.
Perform the Intergroup reconciliations of all Shell South Africa entities and to follow up on all reconciling items and ensure that ageing does not exceed 30
days.
Effectively communicate with Finance and business Review and analyze all IG
customer/vendor accounts to ensure that outstanding invoices are kept to a
minimum.
To run IG reports for distribution and use within the team as well as those that
might benefit from it (Class of Business, Management, etc)
Trouble-shoot to determine the root-causes for any anomalities occurring in the
IG processes or within the IG team.
Extract and analyse data, and summarize and present the information regarding IG Key Performance Indicators for the South African IG team.
Analysis of assigned audit exceptions and preparation of res ponses to Auditors
Support in cost recovery assessments in Regions and individual OUs
Support in developing and operation of the relationship manager role for (key)
Operating Companies and regions
Support in the production and delivery of supporting docume ntation for cost
recovery like service provision and value propositionsImproving Cost Recovery,
working capital support
Provide sound, timely and high quality analysis, financial reports and forecasting to decision makers (Treasury Team)
Ensure tasks & financial analysis which includes verifying financial data are
aligned, Aligning adjustments if needed upon Garance updates
Provide data & financial analysis to facilitate business decision support
Preparation of timely and accurate Garance submission
Ensure reconciling items is cleared daily and less within less than 30
days If require process SAPGEN/Jnl entries if imbalance. Prepare and process all manual entries to ensure minimal unprocessed
entries Prepare daily reconciliation for all bank accounts and follow-up on reconciliation items Responsible for maintaining and updating the Medium -term
forecast (6 months) Identify BCS failed payments from the bank statement and advise relevant teamDeal with queries relating to open items from th e bank
statementsPrepare monthly medium term forecast ahead of submission to the
EFT. Includes collaboration with Supply business and others.Perform monthly
variance analysis of prior month Actuals vs Forecast Know and apply Treasury and Streamline policies as well as SARB policies.Manage and control the manual payment process, in line with Treasury guidelines Contributed, as the
team Participate in global network calls contributing to success of TBO globally
including submission of monthly MI requirements.Thorough understanding of
South African Reserve Bank regulations and requirements for amongst others,
imports and exports, Balance of payments (BOP), SARB application
process. player, to the organization and hosting of the annual Shell Chairman's
Children's Party.
Aug 2009- Mar 2011 General Accountant (Shell South Africa)
Cape Town Metro, Western Cape (South Africa)
Contract Junior Level position in the Management & Cost Accounting
(Accounting) sector
Perform reconciliations and analysis for assigned balance sheet accounts
Follow up reconciling items ensuring a current status
Establish and maintain rapport within business / Focal points
Ensuring the business assists in providing adequate supporting documentation and explanations regarding reconciling items and clearing reconciling items
daily.
Reason for Leaving: promoted to a permanent role within the company
3 Updated 02 May 2014
Reference 1078095 ****
Jan 2000 Management Principles Diploma at Varsity College (College) Cape Town Metro, Western Cape (South Africa) - Marketing - Business Enterprise - Economics - Management Aids - Financial Legal Risk Issues - Industrial Pshycology