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Work Background
ArcelorMittal South AFricaCommercial Specialist - Commodity Refractories
Jan. 2011Vanderbijlpark, South Africa• Responsible for the commercial/contractual management to select strategic commodities in the refractory environment for ArcelorMittal South Africa. • Identify and manage the impact of the key commercial/market trends of commodities under management. • Identify, facilitate and manage cost reduction initiatives with suppliers and end users. • Develop and maintain accurate information systems for the purpose of effective management of commodities under control. • Manage overall relationship between ArcelorMittal Plants and suppliers. • Identify opportunities for efficiency and cost improvement of AMSA. • Identify opportunities for productivity improvement of Refractories in AMSA Group. • Technical benchmarking of operational performance of refractories and global production plants and identify initiatives to ensure gap closure • Champion the AMSA Improvement initiatives by interaction with all internal and external role players
ArcelorMittal South AfricaAccounts Payable Manager
Jan. 2011 - Jan. 2012Vanderbijlpark, South Africa• Management and development of Accounts Payable Team Members • Training on processing vendor invoices • Assisted on the SAP Consolidation system implementation and system conversion. • Research, analyze, and resolve payment issues. • Analyze and Report KPI’s of department. • Resolving costing issues with plant. • Participation in the development of internal policies and procedures • Actively involved in quarterly reviews and annual audits with external auditors, internal SOX and Internal Assurance teams • Ensure that AP aging entries are kept to the minimum. • Ensure that all transactions are SOX compliant. • Liaise with vendors, plant, Procurement and receiving on a daily basis to solve AP payment problems.
ArcelorMittal South AfricaDealer Financial Markets
Jan. 2009 - Jan. 2011Vanderbijlpark, South Africa• Managed ArcelotMittal SA daily cash position and requirements. • Managed Foreign Cash Position and USD exposure. • Invest surplus cash with the top 8 banks. • Financial risk management and derivative instrument application • Financial market analysis • SARB compliance, tax, FSB and JSE requirements. • Measure and drive investment performance against investment targets • Responsible for daily and weekly market reports. • Interest rate management of the group investment portfolio • Risk management, we have successfully implemented Enterprise Risk Management in South Africa. • Ensure that all transactions are SOX compliant.
ArcelorMittal South AfricaTreasury Accountant
Jan. 2006 - Jan. 2009ArcelorMittal South AfricaJob key performance areas • Perform hedge accounting for all base metals transactions that are hedged under IFRS and US GAAP for Southern Africa, Poland, Romania and Kazakhstan • Maintain hedge documentation for each hedge relationship • Liaise with the front office in time to implement necessary hedge documentation • Provide Business Units with journal entries on a monthly basis • Provide units with a monthly mark to market and settlement report • Confirmation and settlement of foreign exchange, money market and ad hoc ransactions • Control master data in system • Confirmation and settlement of interest payments and claims • Compile and administer letter of credit • Assist with the control of contingent liabilities • Control of standard instructions to banks and mandate letters
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