Summary
Overview
Work History
Education
Skills
Postal Address
Dependants
Personal Information
Current Position
Timeline
Generic

Ntuthuzelo Ellerine April

Director: Group Budgeting and Financial Planning
Midstream

Summary

A seasoned, pragmatic and result-oriented administrator in the public and development finance space with demonstrable experience in identifying the drivers of success and value in a business, overseeing financial governance aspects and intergovernmental coordination in highly pressured, dynamic, and complex environments. A scholar in positive sciences, highly technical and familiar with various valuation techniques applicable to financial instruments and have a strong orientation towards balance sheet analysis and monitoring of key financial sustainability ratios in an organisation. Well-grounded in managing bigger teams, the provision of technical advice, incubation of concepts, the implementation of a financial strategy, financial and fiscal analysis and reviews informing the financial performance matrices, reforms in the financial sector and innovative funding instruments. Currently, responsible for managing, implementation and overseeing sound financial modelling, budgeting, reporting and performance of a combined operating and capital budget of more than R80 billion distributed over 26 votes/sectors in the 2022/23 FY. A technocrat with a strong quantitative background and exposure to various financial systems whose passion in finance and investments stems from understanding valuation techniques, pricing of securities, performance analysis through financial accounting and modelling concepts. Also grounded in valuation and theory of derivative products, capital budgeting and real options, hedging activities and the design of structured contracts.

Dynamic Director oversees every facet of production with strong project management and decision-making skills. Brings comprehensive knowledge of [Type] production writing, planning, and technical operations. Skilled at coordinating production plans and personnel resources to complete work under tight deadlines.

Overview

27
27
years of professional experience
11
11
years of post-secondary education

Work History

Director: Group Budget and Financial Planning

City of Johannesburg Metropolitan Municipality
11.2014 - Current
  • Managing and coordinating processes to ensure that the City’s priorities are funded.
  • Managing and coordinating the financial and budget planning.
  • Providing technical advice in respect of input-output tax structuring at line items, cost centres, programme and project levels.

Manager: Municipal Finance Policy

Department of Cooperative Governance
02.2006 - 10.2014
  • The exploration and development of appropriate funding/ financing instruments for local government.
  • Responsible for monitoring of the economic impact of municipal taxation.
  • Support the Chief Directorate in assessing and quantifying the financial impact of various powers and functions of local government.

Principal Energy Officer (Policy Analysis)

Department of Minerals & Energy
12.2004 - 12.2006
  • Provide economic and financial advice in relation to the development of legislation and policies targeted to the restructuring of the electricity distribution sector.
  • Assist the Directorate through research, stakeholder consultations, report and submission writing in fulfilling its mandate.
  • Representing the department in relevant energy forums.

Energy Officer (Regulation)

Department of Minerals & Energy
01.2003 - 12.2004
  • Responsible for undertaking basic research and conduct information analysis required in policy development, benchmarking, discussions on the determination of regulatory bases and competitiveness of the sector.
  • Facilitate stakeholder consultation or participation on policy issues around the electricity sector.
  • Input on the financial and economic aspects of regulations in the electricity sector, investments and development of the electricity sector.

Graduate Trainee

Competition Commission of South Africa
01.2002 - 12.2002
  • Tasked with the verification of notification requirements such as the payment of filing fees, confirmation of thresholds between the merging firms in terms of regulations gazetted in 2001, and notification by the merging parties of trade unions, the relevant Ministers and other relevant Authorities.
  • The analysis of financial statements and funding arrangements as part of merger assessment including the failing firm defence arguments (difference between efficiency and failing), analysis of industrial or market structures in the essential facility doctrine (monopoly markets such as communication and energy markets).
  • The technical valuation of strategic benefits of a merger or acquisition and accounting thereof, financial valuation of leases, the analysis of merger cases (both complex and non-complex cases) up to stage II level.
  • Provide a preliminary analysis or report on the complexities of issues involved in each merger transaction.

Academic Assistant

University of South Africa
01.1999 - 12.2000
  • Assist first year students estimated around 14000 and drawn from the Faculties of Commerce, Arts and Decision Sciences in the main, with the understanding instructional material in both ECS 106 and ECS 108, (first year) Micro-Economics and Macro-Economics modules.
  • Assist senior members of the Department in undertaking their research activities particularly in the areas of public finance, international economics, and monetary economics by conducting literature review, itemising relevant publications, conducting literature reviews on selected topics and making a preliminary opinion or input on economic issues.
  • Other seasonal duties included assisting with administration of faculty examinations results and career development.

Education

Bachelor of Arts - Economics, Mathematics and Education

University of Transkei

Honours Bachelor of Arts - Economics

University of South Africa
06.2010 - 06.2013

Master of Business Administration - International Financial Management

UNISA Graduate School of Business Leadership
06.2010 - 06.2013

Master of Finance and Investments - undefined

Wits Business School
01.2021 - Current

Skills

  • Macroeconomics
  • Public Economics
  • Public Finance
  • Fiscal Economics
  • Revenue Analysis
  • Budget Analysis
  • Expenditure Analysis
  • Cooperative Governance
  • Micro-Economics
  • Economics of Regulated Industries
  • Industrial Structures
  • Market Structures
  • Capital Budgeting
  • Infrastructure Financing
  • Project Financing
  • Mergers and Acquisitions
  • Business Re-organisations
  • Financial Valuations
  • Accounting
  • Economic Analysis
  • Financial Analysis
  • Forecasting
  • Research in Economics
  • Company Research
  • Credit Default
  • Derivatives
  • Structured Products
  • Investment Performance Evaluation
  • Strategic Planning
  • Medium Term Expenditure Framework
  • Tariff Techniques
  • Pricing Policies

Postal Address

Postnet Suite 1403, Littleton-Centurion, Gauteng, 0140

Dependants

3

Personal Information

  • Gender: Male
  • Driving License: Unendorsed Code B
  • Marital Status: Married

Current Position

Director: Group Budgeting and Financial Planning, City of Johannesburg Metropolitan Municipality, City of Johannesburg, Johannesburg, Gauteng, 2000

Timeline

Master of Finance and Investments - undefined

Wits Business School
01.2021 - Current

Director: Group Budget and Financial Planning

City of Johannesburg Metropolitan Municipality
11.2014 - Current

Honours Bachelor of Arts - Economics

University of South Africa
06.2010 - 06.2013

Master of Business Administration - International Financial Management

UNISA Graduate School of Business Leadership
06.2010 - 06.2013

Manager: Municipal Finance Policy

Department of Cooperative Governance
02.2006 - 10.2014

Principal Energy Officer (Policy Analysis)

Department of Minerals & Energy
12.2004 - 12.2006

Energy Officer (Regulation)

Department of Minerals & Energy
01.2003 - 12.2004

Graduate Trainee

Competition Commission of South Africa
01.2002 - 12.2002

Academic Assistant

University of South Africa
01.1999 - 12.2000

Bachelor of Arts - Economics, Mathematics and Education

University of Transkei
Ntuthuzelo Ellerine AprilDirector: Group Budgeting and Financial Planning