Itumeleng Frank Mesolo
Investment Officer-Accountant-Consultant
Pretoria
Summary
Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
10
10
years of professional experience
Work History
Regional Investment Officer
Anglo-American
11.2022 - 6 2024
- Execute all Pre & Post loan processes at Business Hub level to ensure these processes are efficient and effective and key process KPIs are achieved
- Explain loan facility options and qualifying criteria to customers
- Validate the customer’s regulatory status (e.g., KYC, POPI, etc.)
- Manage and prepare the communication to customers with regards to their applications ensuring the utmost professionalism and objectivity
- Assist SMEs/Supplier in preparing loan applications collating documents and preparing cash flows to ensure accurate documents are submitted timeously to ABSA
- Identify and analyse loan applications; perform loan due diligence on loan applications to reduce stale or rejected loan applications to ABSA
- Handle disbursements and client interactions such as Manage internal and external stakeholders’ relationships and ensure expectations of these stakeholders are addressed to ensure superior client service
- Stakeholders include: the host communities, the business unit representatives, the Funding Specialist, Programme Implementation Manager, the rest of Zimele leadership, agents (ABSA, Hogan Lovells) and auditors (internal, external, BBBEE)
- Arrange appropriate engagements with customers in relations to complaints and ensure that all complaints are dealt with professionally
- Visit clients on a rotation basis in line with, business support needs, risk rating and priority status
- Restructure deals to ensure loan repayments and effective turn around Provide support to the Funding Specialist
- Assist the Funding Specialist in - monitoring of existing debtors, reviewing and analysing the financial and operating performance of the debtors and prepare portfolio reports and other management reports as required
- ( Prepare Post Investment monitoring monthly and quarterly reports on portfolio under management Assist with documentation to be provided for BBBEE audits
- Identify and drive implementation of improvement opportunities in pre and post loan processes and implement lessons learned
- Source deals from Suppliers; SMMEs; Internal/External networks
Consultant
Akhile Management and Consulting
05.2019 - 05.2020
- Staff Management and development
- Financial Management, Accounting and Reporting
- Municipal Asset and Liability Management Including: Compilation of fixed asset register Reconciliation of asset accounts Review of amended on the asset register
- Ensure regular asset count and results against asset register
- Reconcile FAR to the Trial Balance based on the information obtained
- Depreciating assets per GRAP requirements
- Fair value all assets and physical verification Provide support with regards to the consolidation of assets transaction production of Financial Statement: and Prepare accurate year end reconciliations
- Grants and Revenue reconciliations Budget Adjustments Populating 7 segments of mSCOA for Budgets and Asset Register Correcting cost code errors Municipal Supply Chain Management
- GRAP implementation and Preparation of the Annual Financial Statements General MFMA Implementation and Compliance
- Skills Development and Capacity Building
- Handling Audit queries.
Assistant Hub Manager- SMME Financing
Anglo-American Zimele
11.2013 - 12.2017
- Analyzing of Financial Statements for various entities that are funded or potential to be funded
- Assisting entrepreneurs with the preparation of financial projections Compile funding applications to ensure compliance to Zimele’s criteria, requirements and sound commercial Principles
- Meet quarterly and annual performances targets
- Ensure proper deal structuring, company valuations, negotiation, due diligence and exit strategies
- Engage with potential entrepreneurs and seek enterprise development opportunities
- Manage the mentorship programme for the small business hub and ensure the effective and proactive mentorship id provided to all entrepreneurs/ funded entities
- Ensure loans are repaid on time with 90% recoverable with entities growing on a viable and sustainable basis
- Assist the Investment Manager in submitting solid funding proposals on time for all investment committee and board meetings
- Prepare monitoring and evaluation reports on a quarterly basis, according to Zimele’s contractual requirements/ legal agreements
- Measure and report monthly on key performances indicators and social impact metrics
- Generate monthly reports that validate new job component of funded entities
- Generate a monthly control sheet of entrepreneur contacted
- Make regular contact with funded entrepreneurs and value add were possible
- Link entrepreneurs to the various stakeholders
- Continuously seek out various job creation opportunities that will add value to Zimele’s objective of job creation.
Assistant Accountant- Bookkeeping
Imperial Logistics
06.2013 - 10.2013
- Bank reconciliations Cashbook Debtors reports Payment requisitions Debtor and Creditor processing Debtor and Creditor reconciliations CAP process Beneficiary maintenance Payroll reconciliations Leave reconciliations
Assistant Accountant- Financial Reporting
Anglo American- Global Shared Services
01.2012 - 02.2013
- Accurate completion of general ledger reconciliations Anglo Inyosi Head Office Invoice reviewing- for Anglo American Thermal coal RSA and Anglo American Inyosi coal head office Journalizing of Anglo corporate division invoices- Anglo thermal coal RSA Preparing Audit files Balancing SAP accounts to Ellipse as well as intercompany balances with various business units Accounting for global shared services accounting receivable invoices in Anglo Inyosi coal head office Ellipse Delivering an accurate, complete and compliant set of financials for Anglo Inyosi coal corporate office including SCOA Accurate and complete capital forecasting for Anglo Inyosi coal Updating year end schedules Sending out invoices and statements to various business units Preparing Budget reports matching them with Actual reports Handling of month end queries for Anglo American Inyosi coal Variance costs explanations and investigation Preparing working capital schedules Preparing Management accounts for Anglo American Inyosi Coal
Consultant- Asset Management
Ducharme Consulting
10.2010 - 11.2011
- Physically verify movable assets Bar- coding of assets Testing completeness of leasing machines Capturing 150 asset per day on average Working according to daily targets Preparing audit files Payroll for audit purpose Updating contract register and asset register Allocations of vote numbers to the correct items Updating creditors register Preparing creditors reconciliations Assisting with financial statements Preparing fixed asset register
Education
Ithuteng Commercial High School
Bachelor of Commerce in Accounting - undefined
Northwest University (Vaal Triangle Campus)
Virtual Office Practical Training – work readiness program - undefined
Guarantee Trust Corporate Support Services
undefined
Ithuteng Commercial High School
Bachelor of Commerce in Accounting - undefined
Northwest University (Vaal Triangle Campus)
Virtual Office Practical Training – work readiness program - undefined
Guarantee Trust Corporate Support Services
Skills
Investment strategy
Portfolio Management
Due diligence
Investment philosophy
Asset Management
Business Development
Investment Advisory
Competenciesandskills
MS OFFICE, PASTEL VERSION 11, ELLIPSE, HYPERION FINANCIAL MANAGEMENT(HFM), SAP F1
Specialawardscertificates
Top Student in Accounting Grade 12
Driverlicense
Code 10 - C1
Personal Information
- ID Number: 870610 5573 087
- Date of Birth: 06/10/87
- Gender: Male
- Nationality: South African
References
- Mrs. Anezelle Coetser, Funding Specialist, Anglo American Zimele, 011 638 2242/084 505 6172, Manager
- Mr. Siphelele Ndlovu, Investment Associate, National Empowerment Fund, 011 305 8001/083 778 0538, Former Manager
- Mr. Manase Jwili, Investment Manager, Anglo American Zimele, 078 112 0112, Former Manager
Languages
English
Timeline
Regional Investment Officer
Anglo-American
11.2022 - 6 2024
Consultant
Akhile Management and Consulting
05.2019 - 05.2020
Assistant Hub Manager- SMME Financing
Anglo-American Zimele
11.2013 - 12.2017
Assistant Accountant- Bookkeeping
Imperial Logistics
06.2013 - 10.2013
Assistant Accountant- Financial Reporting
Anglo American- Global Shared Services
01.2012 - 02.2013
Consultant- Asset Management
Ducharme Consulting
10.2010 - 11.2011
Ithuteng Commercial High School
Bachelor of Commerce in Accounting - undefined
Northwest University (Vaal Triangle Campus)
Virtual Office Practical Training – work readiness program - undefined
Guarantee Trust Corporate Support Services
undefined
Ithuteng Commercial High School
Bachelor of Commerce in Accounting - undefined
Northwest University (Vaal Triangle Campus)
Virtual Office Practical Training – work readiness program - undefined
Guarantee Trust Corporate Support Services
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