Ipeleng Mashao
MBA Candidate - JBS
Rustenburg
Summary
Municipal finance specialist with extensive experience in irregular expenditure investigations, revenue management, and financial governance. Proven track record in leading investigations, enhancing controls, and ensuring compliance with MFMA and National Treasury requirements. Strong ability to collaborate effectively with stakeholders while applying sound judgment to provide reliable guidance to senior management and Council. Committed to fostering accuracy, accountability, and stability in financial management practices.
Overview
13
13
years of professional experience
3
3
Certifications
1
1
Language
10
10
years of post-secondary education
Work History
Section Manager: Irregular Expenditure
Rustenburg Local Municipality
04.2025 - Current
- To lead the management of irregular expenditure in line with the MFMA and National Treasury regulations.
- To oversee identification, assessment, investigation, condonation, and recovery processes.
- To ensure cases follow approved council and Treasury procedures.
- To coordinate with Supply Chain Management, Legal Services, Internal Audit, and user departments.
- To prepare statutory and management reports for the Municipal Manager, Audit Committee, and Council.
- To support implementation of corrective action and consequence management.
- To monitor and track action plans arising from Auditor General findings.
- To strengthen internal controls to reduce repeat audit findings.
- To guide officials on compliance with SCM and financial legislation.
- To support external audit processes and provide verified audit evidence.
Section Manager Credit Control and Debt Collection
Rustenburg Local Municipality
12.2017 - 03.2025
- To lead credit control and debt collection functions in line with the MFMA, municipal by laws, and approved credit control policy.
- To manage billing follow up, customer account management, and recovery of outstanding municipal debt.
- To oversee implementation of disconnection, restriction, and legal recovery processes in line with policy and legislation.
- To monitor debtor age analysis and set recovery targets for revenue streams such as rates, water, electricity, and refuse.
- To coordinate with Legal Services, Indigent Management, and Customer Care to balance revenue protection and social support.
- To ensure accurate maintenance of customer data and account integrity on the revenue system.
- To prepare monthly and quarterly revenue and collection reports for senior management and Council committees.
- To support implementation of payment arrangements and settlement agreements with consumers.
- To strengthen internal controls over revenue collection and debt management.
- To manage staff performance, training, and compliance with standard operating procedures.
Acting Unit Manager, Revenue
Rustenburg Local Municipality
05.2018 - 05.2019
- To manage overall municipal revenue operations in line with the MFMA, municipal by laws, and approved revenue policies.
- To oversee billing, credit control, debt collection, indigent management, and revenue reconciliations.
- To ensure accurate and complete billing for rates and service charges, including data integrity on the revenue system.
- To monitor revenue performance, collection rates, and variances against budget and cash flow targets.
- To coordinate with Finance, SCM, Technical Services, and Customer Care to resolve billing and service related revenue issues.
- To prepare statutory and management reports for senior management, Audit Committee, and Council structures.
- To support development and implementation of revenue enhancement and debt reduction strategies.
- To strengthen internal controls and address audit findings related to revenue management.
- To manage acting unit level staff performance, leave, and compliance with procedures.
- To support external audit processes and provide verified audit evidence.
Accountant Budget and Reporting (Grants Administration)
Rustenburg Local Municipality
07.2014 - 11.2017
- To prepare and coordinate the municipal operating and capital budgets in line with the MFMA and National Treasury budget formats.
- To compile adjustment budgets and support approval processes through senior management and Council.
- To prepare monthly Section 71 reports and quarterly Section 52(d) reports for submission and publication as required by law.
- To support preparation of the Service Delivery and Budget Implementation Plan and in year monitoring.
- To perform budget performance analysis and explain variances against approved budgets.
- To support departments with budget planning, cost projections, and funding alignment.
- To ensure compliance with reporting timelines and Treasury circulars.
- To prepare supporting schedules for Annual Financial Statements and audit processes.
- To maintain budget controls on the financial system and prevent unauthorised and unfunded expenditure.
- To support implementation of corrective actions arising from audit findings related to budgeting and reporting.
Finance Intern (FMG)
Rustenburg Local Municipality
05.2013 - 06.2014
- To support financial management functions under the National Treasury Financial Management Grant framework.
- To assist with budget preparation, in year monitoring, and financial reporting processes.
- To support compilation of Section 71 and other management reports under supervision.
- To assist with data collection, reconciliations, and verification of financial information.
- To support compliance with MFMA requirements and internal financial procedures.
- To assist with preparation of audit files and supporting documents for Internal Audit and Auditor General.
- To provide administrative and technical support to finance units, including revenue and expenditure sections.
- To support implementation of basic internal controls and record keeping standards.
- To participate in training and capacity building programmes under the grant conditions.
- Prepared and posted financial journal entries using technically relevant software.
- Supported organizational account management duties under direct supervision.
- Developed strong relationships with clients through effective communication, fostering trust and satisfaction.
- Reviewed expense reports for accuracy, ensuring compliance with company policies and procedures.
Education
Master of Business Administration - Business Administration
Johannesburg Business School (UJ)
Johannesburg 10.2024 - Current
Postgraduate Diploma in Management - Business Management
Regent Business School
Johannesburg 07.2023 - 10.2024
Advanced Diploma in Financial management - Financial Management
Regent Business School
Johannesburg 02.2022 - 06.2023
National Diploma in Accounting - Accounting
University of Johannesburg
Johannesburg 02.2009 - 01.2013
Certificate in Commercial Accounting - Accounting
University of Johannesburg
Johannesburg 02.2008 - 12.2008
Grade 12 - English, Afrikaans, Mathematics, Biology, Physical Science, Computer Science
St Barnabas College
Johannesburg 01.2007 - 12.2007
Skills
Proficient in MS Office applications
Certification
1. Certificate Program In Municipal Finance (CPMD) - Deloitte Training Academy
Interests
Sport Shooting, Hunting and Social Activism
Personal Information
- Criminal Record: None
- Date of Birth: 17 May 1987
- Driving License: Code 08
Professional Statement
I am a municipal finance specialist with strong experience in irregular expenditure investigations, revenue management and financial governance. I lead investigations, improve controls and support compliance with MFMA and National Treasury requirements. I work well with stakeholders, apply sound judgment and provide reliable guidance to senior management and Council. My work focuses on accuracy, accountability and stable financial management.
Career Experience
- Rustenburg Local Municipality, Section Manager: Irregular Expenditure, 2025-04-01, present
- Rustenburg Local Municipality, Section Manager Credit Control and Debt Collection, 2017-12-01, 2025-03-31
- Rustenburg Local Municipality, Acting Unit Manager, Revenue, 2018-05-01, 2019-05-31
- Rustenburg Local Municipality, Accountant Budget and Reporting (Grants Administration), 2014-07-01, 2017-11-30
- Rustenburg Local Municipality, Finance Intern (FMG), 2013-05-02, 2014-06-30
Education And Credentials
Master of Business Administration, Johannesburg Business School (UJ), Ongoing, Postgraduate Diploma in Management, Regent Business School (Johannesburg), Advanced Diploma in Financial Management, Regent Business School (Johannesburg), National Diploma in Accounting, University of Johannesburg (Johannesburg), Certificate in Commercial Accounting, University of Johannesburg (Johannesburg), Certificate Program In Municipal Finance (CPMD), Deloitte Training Academy, Management Development Program, Regent Business School, Nyukela Public Service SMS Pre Entry Program, The National School of Government, Assertiveness, Advanced supervisory skills, Principles of supervision, Sailing with conflict, Managing Discipline and Grievances, Basics of Supply Chain Management, Sound Business Knowledge, English, Afrikaans, Mathematics, Biology, Physical Science, Computer Science, St Barnabas College, 2007
Full Names
Ipeleng Mashao
Dependants
2
References
- Neo, Malatsi, Deputy Director: NWPG, malatsineod@gmail.com, 079 873 8926, North West Provincial Treasury
- Vivian, Mdhuli, Deputy Chief Financial Officer (Retired), vivian.mdhuli@gmail.com, 060 543 6747, Rustenburg Local Municipality
- Thabo, Modisane, Chief Financial Officer, modisanetumelo740@gmail.com, 078 131 5960, Ephraim Mogale Local Municipality
- Paul, Malatsi, Chief Financial Officer, mmalatsi2018@gmail.com, 071 796 3581, Mmabana Arts, Culture & Sports Foundation
- Clement, Mabe, Chief Audit Executive (Retired), clementmabe@yahoo.com, 082 362 2129, Rustenburg Local Municipality
- Busisiwe, Faku, Acting Deputy Chief Financial Officer, bfaku@rustenburg.gov.za, 060 543 6806, Rustenburg Local Municipality
Dedicated Hunter
Practices ethical and safe hunting in line with South African regulations, with knowledge of game management, firearm safety, and conservation principles.
Timeline
Section Manager: Irregular Expenditure
Rustenburg Local Municipality
04.2025 - Current
Master of Business Administration - Business Administration
Johannesburg Business School (UJ)
10.2024 - Current
Postgraduate Diploma in Management - Business Management
Regent Business School
07.2023 - 10.2024
Advanced Diploma in Financial management - Financial Management
Regent Business School
02.2022 - 06.2023
Acting Unit Manager, Revenue
Rustenburg Local Municipality
05.2018 - 05.2019
Section Manager Credit Control and Debt Collection
Rustenburg Local Municipality
12.2017 - 03.2025
Accountant Budget and Reporting (Grants Administration)
Rustenburg Local Municipality
07.2014 - 11.2017
Finance Intern (FMG)
Rustenburg Local Municipality
05.2013 - 06.2014
National Diploma in Accounting - Accounting
University of Johannesburg
02.2009 - 01.2013
Certificate in Commercial Accounting - Accounting
University of Johannesburg
02.2008 - 12.2008
Grade 12 - English, Afrikaans, Mathematics, Biology, Physical Science, Computer Science
St Barnabas College
01.2007 - 12.2007