Nthabiseng Ramoipane

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.

Summary

Overview

Work History

Managing Director

Group Financial Director

Group Financial Manager

Audit Manager

Article clerk

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

Accomplishments

Affiliations

Work Availability

Timeline

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