Virushka Sing

I am a highly experienced Foreign/Treasury Accounts Specialist with over 9 years' experience functioning at group level managing in the region of 130 international vendors while conducting enterprise wide, cross-functional roles within the group and its subsidiaries. I have an exceptionally good understanding of the businesses, accounts processes when it comes to Treasury and a track record for meeting tight deadlines with sound knowledge of the South African Reserve Bank and Foreign Exchange Control Compliances, Processes and policies. My strengths are Forex Trading, cash flow budgets, Forex Hedging, Opening of Letter of Credits as per payment terms, Standby Letter of Credits, ensuring that this is strictly monitored.

Forex loans, reconciling CFC accounts, Opening of CFC accounts, Cashbook Forex, Reconciling. I have 12 years as a Local Creditors specialist not limited to Reconciling accounts, allocating payments to Vendors accounts, Balancing of Vendor Statements against general Ledgers. I have always strived to showcase my strengths as I am passionate abouts accounts payable.

I am a team player, working with identifying and solving queries soundly within the time limit period vehicle balancing current workflow.

Junior Bookkeeping - Nashed Tuned

(2025-10)

• Processing of high volumes of invoices
• Resolve Discrepancies
• Matching of PODs to invoices, discrepancies of invoices not processed on time
• Coding of products on system for payment processing – Sublets & Internal Departments
• Monthly SARS Vat Returns
• Keeping track of Asset Register
• Stock Control of Purchase Products
• Receipting of Cash Book Entries Trial Balance
• Loading of Beneficiaries, Assigning of Pmts
• Reconciliation of General ledger Accounts

Creditor Clerk – Local & Forex - Pferd Tools South Africa

(2025-07 - 2025-09)

• Invoice processing Intercompany & Head Office high volume processing
• Match Purchase orders to invoices
• Review research past view invoices, resolve discrepancies
• Coding of invoices as per department
• Update and assigning of Vendors of system
• Creditors Reconciliation General Ledger & Statement, Local/ Forex
• Payment Proposals, Monthly, COD Payment Run, 15 and 25 days includes Adhoc Payments
• GRIR Clearing Accounts
• Payment Postings
• Creditors Age Analysis Clearing

Logistics and Suppliers Payment Controller / Transporter Payable Controller - Oza Holdings (Pty) Ltd

(2023-11 - 2025-06)

Process invoices reaching deadlines. Book value 60 million 15 day terms. Sorting Queries relating to payments. Discussing Payable reports, maintaining Cash Flow Budget. Maintaining Payment Schedules.

• Reports for Cash Flow Payables
• Payment Advice/Payment Schedule process - Creditor Reconciliation
• POD / GRIR Reconciliations
• Creditors Age Analysis SAP

Financial Administrator - Nashed Tuned

(2022-11 - 2023-10)

Managed a Group of 4 staff.

• Vat Receivable/Payable
• Asset Register
• Weekly Wages
• Bookkeeping till Trial Balance
• Accounts Payable
• Accounts Receivable
• Banking
• Loading Beneficiary
• Assigning Payables

Group Financial Controller Payable Specialist – Forex Treasury - Dischem Group - Midrand

(2022-03 - 2022-10)

Treasury Clerk opening of Accounts for the Group, for Banks, ensuring all documents are accurate and transparent.

Advance

Knowledge of Hedging for payables and Loans, Track record of Letter of Credit and Standby Letter of Credits from process from the start to the completion of the contract. Sound knowledge of processing KYC strict compliance and verification of documents. Maintaining a Cash Flow budget. Working on Bank Platforms for Trade e.g Emarket. Liaising with Forex dealers for ongoing Rates as it is done online. Sorting out queries with the Forex Traders should be required, work with high volume trades and confident with the work done, high levels of accuracy when processing documents relating to Forex.

• Group Vendor Management
• Estimate currency invoice values processed monthly USD2.5 million, EUR 500 000 – 1.5 million, GBP 50000
• Single handedly maintained the Dischem Group's vendors consisting of +/- 130 international countries (two company entities), undertaking and non-undertaking suppliers
• Reconciled Forex Vendors - payables, average of 50 International invoices monthly with discounts and trading payment terms in place with 99% accuracy rate and a variation of 1% per year
• Managed and maintained the process of International Vendor invoices based on their credit limit for currencies USD, EUR and GBP payable on Supply Chain Finance System
• Supply Chain Finance external teams, discussed and interacted with International Suppliers on boarding/registration
• Ensured vendor clearing accounts are balanced and cleared month end
• Handled Supply Chain Finance Platform for all foreign Payments within the Group - Stock invoices
• Maintained Foreign Exchange Control Derivatives for payables invoices in duration tenors of 3 months, 6 months and 12 months, tracking foreign Exchange Control and Spot Foreign Exchange Control Rates till maturity dates, meeting deadlines timelines
• Handling of all foreign supplier accounts for the Group as per set payment terms
• Maintaining and opening of Purchase Orders, Locking Forex Rates for stock invoice
• Handling Letter of Credits/Standby Letter of Credits for Freight Shipping as per trading payment terms, Liaising with the Treasury departs at banks, forwarding necessary documents eg BOL, Invoice, SD500, Marine Insurance Policy to open the LC and Standby Letter of credit
• Opening of Letter of Undertaking, understanding the process involved with the Company that has obtained a Letter of Undertaking and the Company that does not have as worked with two entities on different levels
• Balancing of Cash Books till Trial Balance – for all loans payable and Vendors Stock Payables for the Group
• Assisting External Auditors for all foreign Creditors Payables/Custom Duty Audits – SARS Compliance
• Maintained credit / refunds
• Cash Flow weekly reports maintained. Cash Flow Budgets for Loans maintained
• Balanced invoice payables to stock GRN at Distribution Centre Level
• Local Payables completed task on monthly bases as per trading term payables dates, great time keeping, and accuracy to detail, paying invoices between 1 to over 200 invoices, relates to the vendors
• Emailing statements to suppliers after payments processed
• Professional approach with internal Distribution teams for Imports stock payables queries etc. export of unsold stock, obtaining large credit refunds
• Managed and Opening of CFC accounts for Two Entities, balancing and reconciling of purchased rates used for Stock payments, for both entities
• CFC reconciling of account, deadline driven
• Overseeing that payment deadlines are met on the CFC accounts, working with external banks, sending of Freight, Custom Duty Documents for payments no letter of undertaking in place
• Costing of Import Goods – sound knowledge, Excel
• Resolved reconciliation queries on a daily basis for foreign and local accounts payables to prevent escalation on queries such as damaged goods, pricing, credit notes, stock unaccounted for when payment is processed, incorrect stock provided by International Suppliers
• Followed up and completed all queries provided by the Internal Distribution Centre, damaged goods, missing stock, damaged containers

Imports Financial Administrator – Treasury Clerk - Dischem Group - Midrand

(2014-05 - 2022-02)

Creditor Clerk - Dischem Pharmacies (Bemax International Suppliers)

(2012-05 - 2014-02)

Handled payables for Bemax International Suppliers

Local Creditors Clerk - Dischem Group

(2010-07 - 2014-04)

Cashbook Administrator / Local and Forex Creditor - Gardena Husqvarna Group South Africa - Midrand

(2008 - 2010)

Stock Controller, Creditors Clerk - Sandown Motors - Mercedes Benz Commercial Vehicles - Centurion

(2007 - 2008)

Matric Senior Certificate - Woodlands Secondary School (1995)

Bookkeeping Certificate - Oxbridge College (2025)

Ms Word, Communication, Accounting - Northdale Technical College

Financial Accounting 1, Auditing, Communication, PowerPoint, Microsoft, Excel - Oval International College (2000)