Anelisiwe Nomqonde

I am an articulate, focused and capable Accounting professional with a good working history of providing quality results in the financial areas of a business. I come with a strong background of Accounting from high school till varsity together with my treasury management working experience. I have a considerable accounting experience of cash flow statements, income statements, balance sheets and budget reports.

Aside from my technical abilities I have excellent communication skills which allow me to clearly relay financial information to team members. A very driven and passionate individual, with outstanding interpersonal skills and a keen understanding of diverse workforces gained from working for international organisations.

Treasury Specialist Feb 2018 – Present

Responsibilities: Cash Management, FX Hedging and Reporting

• Understand the external and internal treasury risk of the Southern Africa Region’s and able to mitigate the risk and finding the problem.
• Make cash, bank or account reconciliation, as well as fix any unsolved discrepancies through the use of transaction report.
• Help the organization increase profitability by assessing periodic liquidity need, such as inter-company fund transfer arrangement, intra-company transfer and borrowing application
• Ensure the compliance and safety of treasury transactions and settlements (such as Forex documents preparation and Forex compliance applications)
• Ensure the compliance and safety of treasury transactions and settlements
• Monitor FX risk management to ensure effective implement of FX policy
• Assist in local investment and financing business (only applicable for those regions that support local investment and financing)
• Establish close working relationship with HQ Treasury to integrate regional treasury management
• Accurate FX booking on Spot deals only.
• Bank account opening and closing for respective entities.

To ensure that Treasury Administration is properly managed (Verbal and Signatory Mandates, EXCON and Guarantee applications).

• Daily and Monthly Cash Flow Management for Huawei South Africa (Pty) Ltd and Market Area Africa.
• Prepare and provide documents for both Internal and External Audit.
• Maintaining relationship management with financial institutions.
• Address queries and ensure timeous delivery (Bank and internal issues).
• Adherence to Huawei South Africa (Pty) Ltd guidelines, policies & procedures.
• Ad hoc projects as assigned by management.

Cash Forecast:

• Compile the monthly cash forecast for payments and manage the cash flow of the subsidiaries.
• Monitor incoming funds and remittance of funds to ensure it’s in compliance with internal and external procedures.
• Compile report on the cash forecast results monthly and share solutions going forward.
• Oversee the administration and management of the company’s bank accounts and liaise with banks in obtaining bank statements and reports.
• Assist with reconciliation of bank accounts to ensure all banking transactions are included and accurate.
• Keep all the financial and relevant records of treasury transitions are kept safe.

Intercompany Settlements:

• Settle all the intercompany payments when due and ensure all documentations are in place.
• Collect all the intercompany receivables when due.
• Assist in intercompany applications to ensure comply with country laws, collect loan when required and repay back before expiry date of drawdown.
• Assist in registering intercompany contracts with central bank.
• Compile document with all the exchange regulations for different countries for cross boarder payments.

Bank Account Management: E-banking platforms

• Assist in obtaining internal approval for KYC documents requested by bank.
• Bank account opening process: Reviewing agreement with legal, obtaining internal information, assisting in obtaining signatures on documents.
• Setting up the e-banking platform for newly opened bank accounts and arranging test payments.
• Setting the signatories for bank accounts with the bank and ensuring updated when they expire.
• Maintaining relationship with the bank to ensure company transactions are processed timely and accurately.

Bcom Accounting degree majoring in:

1. Accounting
2. Financial Management
3. Taxation
4. Auditing