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Thutego Raseala

Thutego Raseala

Senior clerk: Property and real estate

Talent
Johannesburg, City of Johannesburg Metropolitan MunicipalityMember since June 18, 2023
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About

I would characterize myself as an articulate individual of substance, keen on knowledge and experiences of different individuals

Experience

15 February 2019- Current: Senior Clerk: Property and Real Estate: African Bank The role is to perform the functions and duties for the Property Department at African Bank, performing the following functions:

-Preparation of lease agreements: I was part of a team responsible for lease preparations

-Drafting of lease renewals: i was part of a team that drafted lease renewals 6 months prior to expiry

-Lease negotiations. I was part of a team that was tasked with establishing terms of negotiations and negotiation objectives

  • Reviewing and reconciling landlord accounts.
  • Reviewing and reconciling Municipal accounts.
  • Reviewing and reconciling consumption reports to relevant accounts.
  • Processing landlord invoices and municipal accounts, and making payments thereto.
  • Resolving landlord, municipality and business queries by liaising with relevant stakeholders.
  • Liaising with African Bank finance department and enforcing Finance policies, procedures and controls
  • Enforcing Real Estate policies, procedures and controls
  • Liaising with landlords and municipalities regarding any discrepancies on invoices/municipal billings.
  • Liaising with respective municipalities and meter companies to obtain billings on a frequent basis throughout the month to ensure timeous payment.
  • Ensuring that all the properties leased by African Bank have submitted monthly invoices; all invoices have been checked against active lease agreements; calculated values are correct and supported by proof for payment.
  • Ensuring that all municipal account invoices/billings have been accurately calculated, are submitted timeously (prior to due date per the invoice) and proof of payment is submitted.
  • Compiling and presenting rental payment reports on a monthly basis to determine overdue accounts and ageing thereto.

-Compiling and presenting municipal and utility consumption reports on a monthly basis.

  • Implementing cost saving techniques on utilities and other costs.
  • Maintenance of monthly landlord and municipal accounts on African Bank property database and separate spreadsheets (Opening and closing accounts on African bank database).
  • Lease reviews: Accuracy of rental and other costs within the lease prior to the lease being signed off by management.
  • Reviewing, processing and amendment of landlord information on African Bank property system/database.
  • Ensuring that African bank and the Landlord/Municipalities relationships are maintained

Education

BCOM Chartered Accountancy Degree/Accounting sciences: North West University Potchefstroom campus

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