Luyanda Ndlovu
Accounts Payable and Operations Manager
Luyanda Ndlovu is a highly efficient and analytical finance-operations hybrid professional with 12+ years of experience, including 7 years at Burack Mining Corporation SA. She expertly manages the intersection of financial control, vendor governance, and operational efficiency across BMCSA’s complex mining supply chain. Known for her rigorous process discipline and automation-driven solutions, Luyanda ensures seamless financial operations while safeguarding corporate liquidity and compliance.
Dual-Role Responsibilities
ACCOUNTS PAYABLE LEADERSHIP:
-
Oversees ZAR 3.8Bn annual vendor payments across 800+ suppliers (mining equipment, energy, services)
-
Manages end-to-end AP cycle: PO matching, 3-way verification, payment runs (EFT, wire, forex), and month-end accruals
-
Enforces compliance with BBBEE procurement targets (60% Level 1-3 suppliers)
-
Leads 10-person AP team (Supervisors, Analysts, Clerks)
-
Implements fraud controls and SOX-compliant approval workflows
OPERATIONS MANAGEMENT:
-
Optimizes procurement-to-pay (P2P) lifecycle across 5 mining sites
-
Manages vendor master database and onboarding (KYC, tax clearance, BBBEE verification)
-
Coordinates with Logistics for fuel/parts payment-terms alignment (Net 30/60)
-
Drives working capital efficiency through dynamic discounting programs
-
Serves as primary liaison between Finance, Procurement, and Site Operations
Career Progression at BMCSA
| Role | Key Contributions |
|---|---|
| AP Supervisor (Years 1-2) | Reduced invoice processing time by 40% via SAP template standardization |
| Procurement Ops Lead (Years 3-4) | Implemented vendor risk-rating system cutting duplicate payments by 95% |
| AP & Ops Manager (Years 5-Present) | Consolidated regional AP teams into centralized shared service center (ZAR 12m savings) |
Key Achievements
-
Digital Transformation: Spearheaded RPA implementation for invoice data capture → eliminated 15,000 manual hours/year
-
Cash Flow Optimization: Negotiated dynamic discounting with 15 strategic vendors → generated ZAR 6.5m annual savings
-
Fraud Prevention: Introduced AI-powered anomaly detection → prevented ZAR 8.2m in attempted payment fraud (2023)
-
ESG-Compliant Payments: Achieved 100% on-time BBBEE supplier payments (supporting BMCSA’s Mining Charter Scorecard)
-
Crisis Management: Maintained 99.7% payment accuracy during SAP migration (2022) with zero operational disruption
Technical Expertise
| Domain | Proficiencies |
|---|---|
| Systems | SAP S/4HANA (FI/MM), Coupa, Concur, Power BI, Taulia working capital platform |
| Process Design | P2P lifecycle optimization, internal controls, payment factory models |
| Compliance | VAT Act, PFMA, IFRS 9, BBBEE Codes, SARS eFiling, Mine Health & Safety Act |
| Analytics | Spend analysis, vendor performance scoring, cash flow forecasting |
Education & Certifications
-
BCom Honours (Financial Management): University of Johannesburg
-
National Diploma (Cost & Management Accounting): Tshwane University of Technology
-
Certified Accounts Payable Professional (CAPP): Institute of Finance & Management (IOFM)
-
Certified Supply Chain Professional (CSCP): APICS
-
SAIPA Business Accountant (SA)
Leadership Approach
-
Precision-Focused: “In AP, accuracy isn’t KPI – it’s existential.”
-
Automation Advocate: Relentlessly eliminates low-value manual work through tech
-
Vendor Partner: Builds strategic relationships with key suppliers (e.g., Sandvik, Komatsu)
-
Cross-Functional Collaborator: Breaks silos between finance, procurement, and site ops
-
Compliance Guardian: Ensures audit-ready processes 365 days/year
Operational Philosophy
“Accounts payable isn’t a back-office function – it’s a strategic lever. Every rand we pay impacts liquidity, supplier relationships, and ESG compliance. My mission is to turn this high-volume process into a competitive advantage.”
Luyanda Ndlovu is the operational backbone of BMCSA’s financial ecosystem. Over 7 years, she has transformed accounts payable from a transactional unit into a value-driven hub – optimizing cash flow, fortifying controls, and enabling seamless mining operations through precision and innovation. Her dual expertise makes her indispensable to Burack’s financial health.