Perpetual Mvula

I developed my background and areas of expertise in financial management and reporting, accounting management, budgets forecasting and management, debtors' management, accounts payable, procurement process, contracts management, cash flow management, payroll management, general bookkeeping, bank reconciliations gained through vast exposure and experience working within various business units. I am a self-driven professional with strong analytical, and problem-solving skills, assertiveness, and leadership skills with solid knowledge of accounting and management of accounts payable and accounts receivable processes, payroll, budgets, financial reporting, analysis, and administration. I am hardworking, goal – driven, confident, enthusiastic, attentive to details and dynamic person with a passion for delivering excellence service, competence, and good corporate governance.

SCHOOL BURSAR (ACCOUNTANT) - Curro Holdings Ltd

(2024-08)

• Day-to-day management of the school finances.
• Drive and manage annual opex and capex budget process and school events.
• Guiding and advising the school management team on expenditure.
• Analyze management accounts monthly and report findings to management
• Monitoring of all income and expenditure relating to internal budgets.
• Preparing of financial reports for the executive head and regional accountant.
• Trial balance and general ledger management.
• Management of creditors, contracts and vendor payments.
• Management of procurement process and accounts payable.
• Bank management and reconciliation.
• Payroll management and processing.
• Management of accounts receivable team, collections and reporting.
• Support year-end audits with relevant financial reports.
• Assist at school functions when required.
• Training of all staff on financial policies and procedures

FINANCIAL MANAGER - BL Media Ltd (Pty)

(2017-01 - 2024-07)

• Prepare monthly management accounts, cashflow forecasting, and annual budgets.
• Process and authorize invoices and manage payments in line with company procedures.
• Create and handle batches of monthly payments.
• Perform GL account reconciliations and balance sheet reconciliations.
• Prepare and present VAT, tax, and cashflow reports monthly.
• Ensure timely and accurate statutory financial submissions.
• Maintain and manage the fixed asset register, reviewing utilization and operational expenditure.
• Supervise and train creditors and debtors administrators.
• Maintain organized financial records and provide sound financial advice.
• Review and maintain up-to-date financial policies and procedures.

CREDIT CONTROLLER - Seacom Shared Services Ltd (Pty)

(2016-02 - 2023-10)

• Managing customers' cash collections on key international, regional, and local corporate and intercompany accounts in compliance with trading terms , company policy and international requirements.
• Preparing and issuing monthly invoices (uploading invoices and statements on customer portals), statements, letters of demand, and default notices.
• Ensuring timeous payment of accounts receivables according to payment terms and policy.
• Managing intercompany accounts using different foreign currencies.
• Negotiating payment plans and arrangements.
• Investigate any discrepancies on the Accounts receivable billing and recommend corrections.
• Preparing and processing for journal entries credit notes, debit notes, withholding tax and foreign currency differences.
• Validating and allocating payments receipts, claims, credit notes, debit notes, and withholding tax.
• Reconciliating local, regional, and global foreign accounts receivable with thorough understanding of foreign currency payments and exchange rates.
• Attending customer visits in person and online meetings (considering global time difference) and any customer support
• Prepare weekly and monthly intercompany, consolidated debtors reports such as age reports, cash forecast reports and Power BI reports.
• Performing V-Looks-ups and pivot tables.
• Liaising with internal departments to resolve customer queries.
• Building strong working relationships with internal and external customers and stakeholders.
• Credit vetting and assessments of new and existing customer accounts.
• Following up on accounts handed to legal for default payments, business rescue, and liquidations.
• Building strong working relationships with internal and external stakeholders
• Updating debtors' database
• Performing other ad-hoc duties

SUPERVISOR - Cell C Ltd (Pty)

(2011-01 - 2016-01)

• Managing and supervising all aspects of the debtors' accounts and overall cash collections according to trading terms, company policy, and credit policy.
• Supervising a team of 17 credit controllers and setting monthly targets.
• Running and managing collection campaigns.
• Manage team's performance and engage regular ,individual book reviews and meetings.
• Monitoring debit order reversals and ensure that all payments and credit notes are allocated by Credit Controllers timeously.
• Approving temping staff time sheets for hours worked and liaise with Recruitment Agents weekly.
• Monitor staff work, attendance and productivity according to company's requirements.
• Responsible for staff coaching, training and developing Credit Controllers
• Improve departmental productivity.
• Assisting HR in designing and recommending training of new recruits and existing credit controllers.
• Assisting in preparing disciplinary hearings and ensure compliance of processes to avoid CCMA escalations.
• Credit assessment for new business and review of existing customers to mitigate risk by categorizing customers based on credit risk report, payment terms and set credit limits.
• Ensuring implementation and compliance of policies, procedures, departmental targets.
• Collaborating with internal and external stakeholders to resolve escalated queries.
• Offer recommendations and advice on queries regarding customer accounts and ensure that queries are resolved timeously.
• Assist in developing and implementing credit control strategies and procedures to mitigate risk, minimize bad debt, and improve company's cash flow.
• Prepare and present regular reports on debtors' performance, and monthly debtors forecast, including trends and variances, to management.
• Assist in obtaining corporate approval and reviewing credit vetting applications and credit limits.
• Checking and approving transfer journals, credit notes, write offs and payment refunds.
• Managing legal matters such as debt review and administration, settlement credit, external bureau listings and payment updates, debtors under business rescue and liquidation
• Issuing demand letters and service suspension letters.
• Liaising with debt collectors and attorneys and other stakeholders on all handed-over matters and accounts.
• Prepare successfully rehabilitated account receivable accounts reports to processed back to normal accounts receivable paying database.
• Prepare prelegal bad debt accounts report for legal and attorneys handovers.

CREDIT CONTROLLER - Cell C Ltd (Pty)

(2008-02 - 2010-12)

• Managing account receivable cash collections on government accounts, and retail accounts and corporate accounts.
• Preparing and issuing monthly invoices and statements.
• Investigate any discrepancies on government accounts receivable billing and recommending corrections
• Allocation of payments and credit notes.
• Negotiating payment plans and preparing the acknowledgment of debt forms.
• Reconciliation of corporate, government, and retail accounts
• Attending customer visits and online meetings to resolve any outstanding issues and queries and negotiate payment plans.
• Credit assessment using different credit bureaus for credit insight.
• Credit vetting of customer applications
• Risk management of clients' accounts.
• Prepare bad debt accounts report for accounts to be handed over to the legal department.

Bachelor of Accounting Science (BCompt) - Accounting Science (2020 - 2023)