Ozayr Ismail

Ozayr Ismail

Treasury Accountant in Acacia mining

Johannesburg, Gauteng, South Africa
Current:Acacia mining
Past:Acacia mining
Education:Grade 12

Job Experience

Treasury Accountant

Acacia mining

July 2015 a Actually working here

? Preparation of a weekly cash forecast to ensure liquidity needs for business operations, capital projects and investments are effectively managed
? Review daily cash position for all accounts, recommend and execute cash transfers
? Invest surplus funds to maximise interest income and ensure these investments are reconciled monthly
? Manage Intercompany funding payments including loan repayment and preparation of intercompany funding letters for all entities in the Group as well as maintain relevant loan schedules
? Initiate and maintain bank guarantee
? Maintain the exchange control application approval with banks
? Ensure compliance of company bank accounts to FICA and bank KYC requirements
? Process bank account openings, closings and signatory changes, control access and permissions to bank banking systems
? Review and manage banking profiles
? Oversee the monthly petty cash reconciliation
? Attend to treasury related queries from bankers and business units
? Maintain banking relationships
? Execute ad-hoc duties as directed by the Treasury Section leader
Concentrate Sales
? Assist with the preparation of provisional and final debtor invoices
? Maintain a receivable schedule and ensure that all funds are received on a monthly basis
? Follow up on assay exchanges and ensure that shipments are finalised timeously
? Coordinate and review of provisional and final royalties
? Timeous and accurate completion of month ? end reporting schedules(Dore and Concentrate Accruals)
? Review and reporting on the Groups monthly cash balances
? Special projects and reporting as assigned by the Treasury Section Leader
? Ensure Treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls
? Ensure the coordination of the statutory audit and resolve all possible queries

Accounts Payable Controller

Acacia mining

December 2006 a Actually working here

? Manage the payment process of creditors from receipt of invoices to payment through the banks
? Ensure that all payments are made strictly according to company policies and procedures by checking certain aspects of the process and monitoring Accounting practices are adhered to
? Monitor payments are made within prescribed times especially large payments so that the company cash flow is favourably affected. Endeavours to get a balance between making payments within policies and agreements, and keeping on the other hand sound relationships with suppliers
? Review balancing and reports from supervisors regarding the GRNI(Goods received not invoiced) report, Commitment Report, Retention Reconciliation, Sub Ledger to ledger balancing and take action on outstanding items not resolved
? Ensure adherence to confidentiality by team members (Contract details and supplier information)
? Review the Bank reconciliation to ensure outstanding items have been resolved
? Review and manage all outstanding Creditor Back Charges and Creditor Commitments for long outstanding items
Flying out to Tanzania for meetings and query resolutions with Suppliers, Internal Stakeholders, HOD?s on a Quarterly basis
? Bank Reconciliations - Investigate and clear outstanding items
? Create new Vendors/Suppliers on the system
? Goods Received Not Invoiced(GRNI)Control ? No items older than 3 months
? Outstanding Query Control. To ensure all queries are investigated as received and resolved within the time limits. No items older than 3 months. Outstanding queries not resolved to be forwarded to Supplier or Mine Site. Attend and provide feedback daily to Supplier or Mine Site.
? Liaising with all stakeholders ? Internally and Externally
? To verify invoices that have been processed and captured for payments timeously
? Process payment run through Pronto
? Upload payment run into Citibank
? Upon verification and authorisation, process final release of funds from Citibank
? 100% of all Supplier reconciliations to be completed on a monthly basis for vendors paid
? Verification of Supplier reconciliations completed
? Balancing of AP to GL


Grade 12

MH Joosub

Currently studying


IT skills

Other Skills

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Career Goals

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Availability to travel and work outside the city


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