Nthabiseng Ramoipane
CA(SA)
Roodepoort
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Summary
Strong leader and problem-solver dedicated to streamlining operations to decrease costs and promote organizational efficiency. Uses independent decision-making skills and sound judgment to positively impact company success.
Overview
19
19
years of professional experience
Work History
Managing Director
EMA REAL ESTAE
10.2019 - Current
- I am one of founders for EMA Real Estate Fund (Pty) Ltd
- This company was founded by experienced management team of Dijalo Property Services (Pty) Ltd
- The company was founded post restructuring of Dijalo Property Group, with main aim of acquiring income generating commercial properties.
- Duties
- Liaison with Property Brokers on available properties that suit company strategy.
- Preparing and reviewing non disclosure agreement, letter of intent and purchase agreements.
- Performing property due diligence and engaging with external consultants to perform technical due diligence for properties under consideration.
- Engage with financial institutions to secure funding .
- Secure vendor financing for acquisition.
- Ensure all legal and regulatory documents are filed and monitor compliance with required laws and regulations.
- Identify and address problems and opportunities for company.
- Build alliances and partnerships with other organizations.
- Oversee day-to-day operation of company.
- Overall financial management.
Group Financial Director
Dijalo Property Services (Pty) Ltd
01.2015 - 09.2019
- Assisted Dijalo Group to recover funds from their Enterprise Development Partner.
- Managed to resolve complicated taxation transaction for group resulting from Dipula listing and recover funds from SARS on behalf of group.
- Playing major role on first restructuring of group in 2015.
- Assisted on exit of asset management contract from Dipula in 2017.
- Participating at Board level and board committee level.
- My duties as Group Financial Director were as follows:
- Financial management and reporting.
- Develop and maintain timely and accurate financial statements and reports that are appropriate for users and in accordance with International Financial Reporting Standards.
- Develop, implement and ensure compliance with internal financial and accounting policies and procedures.
- Ensure that all statutory requirements of organization are met including but not limited to Income Tax, Goods and Value Added Tax and Employees Tax.
- Prepare all supporting information for annual audit and liaise with Board's Audit Committee and external auditors as necessary.
- Document and maintain complete and accurate supporting information for all financial transactions.
- Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash
- Reconcile bank and investment accounts
- Review monthly results and implement monthly variance reporting
- Manage cash flow and prepare cash flow forecasts in accordance with policy
- Oversee bookkeeping function including maintenance of general ledger, accounts payable, accounts receivable and payroll
- Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation
- Manage acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
- Liaise with Investment Committee and Audit Committee as appropriate
- Preparation of board of directors and annual general meeting packs
- Payroll preparation and administration
- Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
- Negotiate and manage employee insurance and benefits plans
- Process and submit statutory and benefits remittances on time
- Issue annual EMP 201’s and EMP 501’s
- Budget preparation
- Establish guidelines for budget and forecast preparation and prepare annual budget.
- Assist subsidiary companies with preparation of budgets for funding applications.
- Securing funding requirements for subsidiary companies
- Information technology
- Evaluate need for new technology to meet organization's financial data processing, control, and reporting requirements
- Advise on appropriate technology that meets organization's information requirements and financial resources
- Risk management
- Monitor risk management policies and procedures to ensure that program and business and financial risks are minimized.
- Advise organization's leadership on appropriate insurance coverage for organization and Board of Directors.
- Maximize income where possible and appropriate.
- Negotiate with Bank for lines of credit or other financial services as required and appropriate.
- Office administration
- Oversee and supervise administrative function of organization including reception, property/facility management, safety of work environment, and provision of furnishings and equipment necessary for effective operations
- Oversee management of all leases, contracts and other financial commitments.
- Monitor all legislation relevant to organization (employment standards, occupation health and safety, human rights, etc) and all regulations on professional certification to ensure that organization is compliant.
- Lead committee meetings discussing budgets and related financial decisions
Group Financial Manager
Dijalo Property Services (Pty) Ltd
08.2012 - 12.2014
- Develop and analyse information to assess the current and future financial status of the group
- Establish procedures for custody and control of assets, records, loan collateral, and securities, in order to ensure safekeeping
- Evaluate data pertaining to costs in order to plan budgets
- Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
Audit Manager
KPMG Inc
01.2007 - 07.2012
- I was responsible for managing the audit team and audit partner, ensuring that the correct audit methodology is applied for audit purposes, review of the audit opinion, review/preparation of annual financial statements and management reporting, invoicing and cash collection, mentoring and providing training to article’s trainee accountants.
- Industries exposed to were as follows:
- Telecommunications
- Public Sector
- Consumer Products
- Manufacturing
Article clerk
KPMG
01.2005 - 01.2007
- I had opportunity to provide audit services as a first year, second year and third year audit trainee to the following companies:
- Nestle Ltd
- Johnson Matthey (Pty) Ltd
- Asbestos Relief Trust ( trust formed employees of Gencor Mine,exposed to asbestos)
- Bidvest Foods
- Formscaff SGB
- Macsteel Holdings and other various companies in different commercial industries.
Education
Attended Property Development Course – SAPOA (Group won 1st place) - undefined
Passed Part 11 PAAB Qualifying Exams - undefined
Qualified as a Chartered Accountant South Africa - undefined
1 SAICA Qualifying Exams - undefined
Bcom (Honours) - undefined
Skills
Languagesundefined
Accomplishments
- Elected as a Chairperson – (elected in December 2016 to December 2019)
- Imvelo Facilities Management is one of Dijalo ‘s Associates were Dijalo is 40% and Old Mutual Properties is 60% shareholder of the company
- Imvelo Facilities provides facilities management services to the Department of Environmental Affairs head office in Pretoria.
Affiliations
- Institution SAICA (South African Institute of Chartered Accountants)
- Member Institution SAIBPP (South African Institute of Black Property
- Previous Board member and a member of Finance Committee Institution Imvelo Facilities Management (Pty) Ltd
- Board member of Imvelo Facilities Management (Pty) Ltd - since 2014 to date, South African Institute of Black Property Practitioners Nkuli Bogopa Former President of the Association Contact number: 082 670 9690
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse
Timeline
Managing Director - EMA REAL ESTAE
10.2019 - Current
Group Financial Director - Dijalo Property Services (Pty) Ltd
01.2015 - 09.2019
Group Financial Manager - Dijalo Property Services (Pty) Ltd
08.2012 - 12.2014
Audit Manager - KPMG Inc
01.2007 - 07.2012
Article clerk - KPMG
01.2005 - 01.2007
- Attended Property Development Course – SAPOA (Group won 1st place),
- Passed Part 11 PAAB Qualifying Exams,
- Qualified as a Chartered Accountant South Africa,
- 1 SAICA Qualifying Exams,
Rand Afrikaans Universiteit - Bcom (Honours),