SAGE
Thatayaone Moses Sebaetse
SENIOR FINANCE PROFESSIONAL
Pretoria,GP
Summary
A licensed accounting professional with over 14 years of experience in both private and public sectors. A member of the South African Institute of Chartered Accountants (SAICA) with expertise in project management, team leadership, and policy development, supported by strong analytical and problem-solving skills. Proficient in International Financial Reporting Standards (IFRS), Generally Recognised Accounting Practice (GRAP), and various financial management acts. Skilled in budget preparation, financial policy maintenance, and ensuring legislative compliance through meticulous preparation of Annual Financial Statements. Committed to fostering collaboration within teams while delivering strategic financial insights to stakeholders.
Finance professional with extensive experience in financial strategy and corporate governance. Known for driving fiscal efficiency and implementing robust financial controls. Proven ability to collaborate with diverse teams and adapt to dynamic business environments, while excelling in financial reporting and strategic planning.
Overview
15
15
years of professional experience
1
1
Language
Work History
DEPUTY PRINCIPAL FINANCE/CFO
ORBIT TVET College
05.2023 - Current
- Formulation and implementation of the annual College strategy based on a 2 to 5-year view of requirements.
- Overall coordination of the preparation of the annual College budget (comprising the Strategic Plan, Annual Performance Plan and the Operational Plan).
- Development, implementation of College Financial Strategy, managing budget and forecasting, and ensuring compliance to tax regulations
- Preparation of / and oversight of all financial reports to sub-committees of Council (Audit and Risk Committee, Planning and Resource Committee and Finance Committee).
- Responsible to compilation and submission of Annual Financial Statements for submission to AGSA end of March each year as per National Gazette.
- Responsible for submission of audited Annual Financial Statements to the Department of Higher Education by 30 May each year as per National Gazette.
- Ensure compliance and audit of Capital Infrastructure Efficiency Grant (CIEG) on a bi-annual basis as a funding requirement
- Responsible for compiling Annual Financial Statements of ORBIT Football Club on 30 September each as per PSL Regulations.
- Delegated signing powers for expenditure approval within the framework of the College's delegation of authority.
- Responsible for facilitating the establishment of the internal audit, risk management and audit committee functions.
- Recommendations to Council and Principal regarding improvement to financial policies.
- Manage and monitor the College operating expenditure in terms of Council approved budget and the CAPEX budget and spending within agreed parameters, in line with strategy, approved policies and budgetary expectations
- Manage College's payroll (situated in the finance section) and ensure timeous payment and compliance to relevant legislations in the Department.
- Ensure asset management functions are effective and operational and maintaining a GRAP compliant fixed asset register.
- Manage the compilation and generation of Council presentations, as well as interim and year-end results and annual reports, in regard to relevant financial information
- Budget and expenditure analysis in the required format and present it to the management team and the College Council.
- Oversee production of the College's compliant Annual Financial Statements for approval by Council, as required by DHET in terms of GRAP.
- Produce monthly financial reports, as required by College management and the DHET, through the implementation of a coordinated month-end close process that ensures completeness, accuracy and validity of reported information.
- Continuously identify and pursue opportunities to improve internal control procedures throughout the College, supported by the ICMA tool and ensure effective audit coordination and follow up of audit queries to achieve an enhanced, streamlined and optimised external audit result.
- Proactively participated in meetings and helped create new practices.
- Consistently meet my short and long-term targets.
- Assist with contract management and engaging with different stakeholders for College Projects.
- Ensure training, mentoring and performance evaluation of staff compliment of eighteen (18).
- Ensure the debtors collection and come up with processes and strategies for students to settle their debts
- Management and Development of Staff (Finance and Management Accounting, Assets and Supply Chain Management Unit)
- Introduced ERP Systems (SAGE modules- Inventory, Fixed Assets, Cloud Hosting, Intelligent Reporting and Advanced Procurement Modules) for efficient and effective operations.
- Served as a positive role model and leader within the school community, fostering an environment of respect, trust, and support among all stakeholders.
- Managed budgets effectively while prioritizing resources for maximum impact on student outcomes.
- Managed budgets and resources for educational programs.
SUPPORT DEPUTY PRINCIPAL FINANCE/CFO
TALETSO TVET College
11.2020 - 04.2023
- Formulation and implementation of the annual College strategy based on a 2 to 5-year view of requirements.
- Overall coordination of the preparation of the annual College budget (comprising the Strategic Plan, Annual Performance Plan and the Operational Plan).
- Development, implementation of College Financial Strategy, managing budget and forecasting, and ensuring compliance to tax regulations
- Preparation of / and oversight of all financial reports to sub-committees of Council (Audit and Risk Committee, Planning and Resource Committee and Finance Committee).
- Responsible to compilation and submission of Annual Financial Statements for submission to AGSA end of March each year as per National Gazette.
- Responsible for submission of audited Annual Financial Statements to the Department of Higher Education by 30 May each year as per National Gazette.
- Ensure compliance and audit of Capital Infrastructure Efficiency Grant (CIEG) on a bi-annual basis as a funding requirement
- Responsible for compiling Annual Financial Statements of ORBIT Football Club on 30 September each as per PSL Regulations.
- Delegated signing powers for expenditure approval within the framework of the College's delegation of authority.
- Responsible for facilitating the establishment of the internal audit, risk management and audit committee functions.
- Recommendations to Council and Principal regarding improvement to financial policies.
- Manage and monitor the College operating expenditure in terms of Council approved budget and the CAPEX budget and spending within agreed parameters, in line with strategy, approved policies and budgetary expectations
- Manage College's payroll (situated in the finance section) and ensure timeous payment and compliance to relevant legislations in the Department.
- Ensure asset management functions are effective and operational and maintaining a GRAP compliant fixed asset register.
- Manage the compilation and generation of Council presentations, as well as interim and year-end results and annual reports, in regard to relevant financial information
- Budget and expenditure analysis in the required format and present it to the management team and the College Council.
- Oversee production of the College's compliant Annual Financial Statements for approval by Council, as required by DHET in terms of GRAP.
- Produce monthly financial reports, as required by College management and the DHET, through the implementation of a coordinated month-end close process that ensures completeness, accuracy and validity of reported information.
- Continuously identify and pursue opportunities to improve internal control procedures throughout the College, supported by the ICMA tool and ensure effective audit coordination and follow up of audit queries to achieve an enhanced, streamlined and optimised external audit result.
- Proactively participated in meetings and helped create new practices.
- Consistently meet my short and long-term targets.
- Assist with contract management and engaging with different stakeholders for College Projects.
- Ensure training, mentoring and performance evaluation of staff compliment of eighteen (18).
- Ensure the debtors collection and come up with processes and strategies for students to settle their debts
- Management and Development of Staff (Finance and Management Accounting, Assets and Supply Chain Management Unit)
- Introduced ERP Systems (SAGE modules- Inventory, Fixed Assets, Cloud Hosting, Intelligent Reporting and Advanced Procurement Modules) for efficient and effective operations.
PROJECT MANAGEMENT- DEPUTY PRINCIPAL INFRASTRUCTURE & MAINTENANCE
ORBIT TVET College
07.2019 - 06.2020
- Assist the College to spend the Capital Infrastructure Grant received from DHET on Infrastructure and Maintenance. Project worth R9.3 million
- Assist the College to appoint relevant Project Manager to oversee the project for a period of three years.
- Draft a three-year maintenance plan for the College for submission to DHET.
- Report on the Capital Infrastructure Efficiency Grant to DHET Financial Directorate.
- Report on the Capital Infrastructure Efficiency Grant to DHET Infrastructure and Maintenance project Directorate on a weekly basis for progress.
- Assist the College on moving over to access controls, security controls and biometrics.
- Provide the permanently appointed DHET CFO/Deputy Principal Finance with handover.
- Assist the permanently appointed DHET CFO/Deputy Principal Finance with audit action plan for 2018 audit.
- Provide the permanently appointed DHET CFO/Deputy Principal Finance with audit readiness for 2019.
- Assist the College to disburse NSFAS Allowances to ORBIT TVET College students. Allowance worth R64 million.
- Reporting on NSFAS to the relevant stakeholders of the College (EXCO, Audit & Risk Committee and Finance Committee)
- Assist to create controls around the disbursement of NSFAS to ORBIT TVET College students.
- Assist with NSFAS budgeting and submissions
SAICA TVET ACTING DEPUTY PRINCIPAL FINANCE/CFO
ORBIT TVET College
11.2018 - 06.2019
- Delegated signing powers for expenditure approval within the framework of the College's delegation of authority.
- Responsible for facilitating the establishment of the internal audit, risk management and audit committee functions.
- Recommendations to Council and Principal regarding improvement to financial policies.
- Formulation and implementation of the annual College strategy based on a 2 to 5-year view of requirements.
- Overall coordination of the preparation of the annual College budget (comprising the Strategic Plan, Annual Performance Plan and the Operational Plan).
- Manage and monitor the College operating expenditure in terms of Council approved budget and the CAPEX budget and spending within agreed parameters, in line with strategy, approved policies and budgetary expectations
- Manage College's payroll (situated in the finance section) and ensure timeous payment.
- Ensure asset management functions are effective and operational and maintaining a GRAP compliant fixed asset register.
- Manage the compilation and generation of Council presentations, as well as interim and year-end results and annual reports, in regard to relevant financial information
- Budget and expenditure analysis in the required format and present it to the management team and the College Council.
- Oversee production of the College's compliant Annual Financial Statements for approval by Council, as required by DHET in terms of GRAP.
- Produce monthly financial reports, as required by College management and the DHET, through the implementation of a coordinated month-end close process that ensures completeness, accuracy and validity of reported information.
- Continuously identify and pursue opportunities to improve internal control procedures throughout the College, supported by the ICMA tool and ensure effective audit coordination and follow up of audit queries to achieve an enhanced, streamlined and optimised external audit result.
- Proactively participated in meetings and helped create new practices.
- Consistently meet my short and long-term targets.
- Proactively participated in meetings and helped create new practices and engaging different stakeholders (Finance Committee, Audit and Risk Committee, EXCO and College Council) with intend to resolve issues and taking institution forward.
- Ensure training, mentoring and performance evaluation of staff compliment of fifteen (15)
CONSULTANT- TRANSNET ENGINEERING (INTERNAL AUDIT PROJECT)
Leshaka Consulting, Kilner Park Campus
09.2018 - 11.2018
- Identification of significant risks and related controls.
- Audit engagement planning and preparing the audit assignment program
- Evaluation of the adequacy of controls to manage related risks and evaluation of the effectiveness of controls that are deemed to be adequate
- Consult with the relevant stakeholders to compile the Key Business Processes and Risk Control Matrix
- Making observations, identifying causes, associated risks and making audit recommendations to improve control effectiveness and proper documentations of audit evidence and working papers
- Provide reasonable assurance on the adequacy and operational effectiveness of the CFRC environment to mitigate or minimise high risk areas within the financial reporting processes and manage the risks to an acceptable level
- Preparing and presenting audit reports, ensuring they comply with internal audit methodology, policy processes and procedures
- Follow up with audit recommendations and provide budget support.
- Managed client relationships through regular check-ins and updates on project progress.
- Evaluated client needs and expectations, establishing clear goals for each consulting engagement.
- Identified areas of improvement for clients'' operations, implementing targeted solutions to increase productivity.
CONSULTANT- TSHWANE UNIVERSITY OF TECHNOLOGY (INTERNAL AUDIT PROJECT)
The Legacy Centre Consultants
08.2018 - 08.2018
- Perform and control the full audit cycle including risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directives and regulations for Procurement
- Obtain, analyse and evaluate accounting documentation, previous reports, data, and flowcharts etc. as part of investigations of the Procurement processes of TUT
- Prepare and present reports that reflect audit's results and document process
- Act as an objective source of independent advice to ensure validity, legality and goal achievement.
- Identify loopholes and recommend risk mitigation measures
- Maintain open communication with management on findings
- Document process and prepare audit findings memorandum
- Conduct follow up audits to monitor management's interventions
MANAGEMENT ACCOUNTANT- CREDIT & FINANCIAL SERVICES AND GROUP SHARED SERVICES
Edcon Group (Pty) Ltd - Crown Mines
11.2015 - 06.2018
- Prepare and present required financial reports timeously and accurately and monitor relevance.
- Perform appropriate risk management tasks, process a range of documentation and entered information into database.
- Manage, develop the team and oversee the duties of the accounting team.
- Manage compliance to all group policies and accounting standards.
- Act as a trusted financial business partner to the relevant business units.
- Budget & Financial Management and Process Improvement and Efficiency.
- Strive to continuously improve the level of financial reporting for the business unit.
- Ensure that all accounting principles within the business are monitored.
- Resolve issues and consistently meet short and long term targets.
- Perform and review the Income Statement and Balance Sheet Reconciliations for Hollard Account.
- Facilitate and ensure compliance with relevant financial management prescripts, laws and regulatory requirements.
- Preparation and review of monthly reconciliations and resolving reconciling items on a timeous basis.
- Assist in audit preparation and dealing with internal and external auditors.
- Ensure that all accounting principles within the business are monitored.
- On a month by month recognise offshore transactions in the Financial System (Hyperion and Oracle).
- Prepare Annual Financial Statements for the Off-shore office (Bangladesh, Shanghai, Hong Kong and Singapore).
- Reconciliation of the Intercompany accounts. Intercompany monthly analysis and reporting.
- Input to continuous improvement initiatives with the team and work with other teams in finance and the business to resolve issues.
- Consistently meet short and long term targets.
- Interaction and reporting to the executive management of Edcon Group
- Prepare profit patterns for seven (7) business units within the Edcon Group
- Engage with external auditors and internal auditors
- Implemented cost allocation methodologies for better understanding departmental expenses and driving accountability within the organization.
- Reduced operational costs by identifying inefficiencies in workflows and implementing process improvements.
- Ensured compliance with GAAP, tax regulations, and industry best practices through continuous monitoring and updating of accounting policies.
- Managed a team of junior accountants, providing mentorship and guidance to ensure consistent growth in their professional skills.
- Controlled and forecasted incomes and expenditures.
FORENSIC ACCOUNTANT INVESTIGATOR
KPMG
03.2014 - 10.2015
- Providing probity services to National Treasury and other Government Entities
- Understanding of the National Treasury procurement process in determining which bidder should be awarded a contract, ensure the bidding process is processed objectively and applying procurement regulations.
- Providing fraud risk assessment, applying commercial knowledge and expertise to gather right information
- Draft deliverables and repayment plan for the repayment administrations for Ponzi/Pyramid Schemes.
- Document management and server folder structure, i.e.: client correspondence, external correspondence, work paper and evidence
- Maintain client and project files, maintain contact list for all correspondences and liaise with scanning service provider and arrange scanning/conversion of documents.
- Take part in interrogations and client's interviews and arrange the weekly project team meetings.
- Compile financial investigative reports and Audit financial statements for risk, gather evidence and assist in the execution of search warrants
- Investigate financial history of suspects and uncover fraud and collect evidence and provide expert evidence both written and oral.
- Get an understanding of information received from external sources and distribute the information to the rest of the team based on different streams (normally using computer forensics) identified at the kick-off meeting.
- Assisted legal teams with evidence gathering, effectively strengthening the prosecution''s case against fraudulent activities.
- Assisted law enforcement agencies in their investigation of financial crimes by providing expert analysis and insights into complex accounting issues.
- Managed complex investigations involving multiple entities, ensuring timely completion and accurate findings.
- Evaluated internal controls to identify weaknesses and provided recommendations to strengthen financial reporting processes.
SENIOR ACCOUNTANT
KPMG
01.2011 - 03.2014
- Prepare required financial reports timeously and accurately and monitor relevance.
- Perform appropriate risk management tasks, Delegation of tasks to team members.
- Manage and develop the team, working with different team members on different engagements.
- Act as a trusted financial business partner to the relevant business units.
- Manage compliance to all group policies and accounting standards.
- Budget & Financial Management.
- Preparation and review of monthly reconciliations, Process Improvement and Efficiency.
- Strive to continuously improve the level of financial reporting for the business unit.
- Ensure that all accounting principles within the business are monitored.
- Planning and execution of the audit work.
- Liaising with the client, engagement partner and engagement manager.
- Delivering work of high quality and adding value to the client's operations.
- Processed a range of documentation and entered information into databases.
- Proactively participated in meetings and helped create new practices and consistently met short and long term targets.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
Education
CA (SA) -
Higher Diploma in Accounting -
University of The Witwatersrand
Braamfontein, Johannesburg, South Africa01.2010
Bachelor of Accounting -
University of The Witwatersrand
Braamfontein, Johannesburg, South Africa01.2009
Matric Certificate -
Tshepagalang Secondary School
Letlhabile, South Africa01.2003
Skills
Strategic Business Planning and Development
Affiliations
- South African Institute of Chartered Accountants-20041687
- Registered Tax Practitioner- PR-0104859
Software
ADAPTIT
PASTEL
Oracle
Caseware
Hyperion
MS Office
Additional Information
Solomon Matjiane
Principal- Central Johannesburg TVET College
matjianes@cjc.edu.za
076 656 3042
Tsietsi Diphoko
Deputy Principal Finance/CFO- Taletso TVET College
tsika525@gmail.com
083 726 9790
Dr Joe Viljoen
Deputy Principal Innovations and Development- ORBIT TVET College
jviljoen@orbitcollege.co.za
0832870108
Timeline
DEPUTY PRINCIPAL FINANCE/CFO
ORBIT TVET College
05.2023 - Current
SUPPORT DEPUTY PRINCIPAL FINANCE/CFO
TALETSO TVET College
11.2020 - 04.2023
PROJECT MANAGEMENT- DEPUTY PRINCIPAL INFRASTRUCTURE & MAINTENANCE
ORBIT TVET College
07.2019 - 06.2020
SAICA TVET ACTING DEPUTY PRINCIPAL FINANCE/CFO
ORBIT TVET College
11.2018 - 06.2019
CONSULTANT- TRANSNET ENGINEERING (INTERNAL AUDIT PROJECT)
Leshaka Consulting, Kilner Park Campus
09.2018 - 11.2018
CONSULTANT- TSHWANE UNIVERSITY OF TECHNOLOGY (INTERNAL AUDIT PROJECT)
The Legacy Centre Consultants
08.2018 - 08.2018
MANAGEMENT ACCOUNTANT- CREDIT & FINANCIAL SERVICES AND GROUP SHARED SERVICES
Edcon Group (Pty) Ltd - Crown Mines
11.2015 - 06.2018
FORENSIC ACCOUNTANT INVESTIGATOR
KPMG
03.2014 - 10.2015
SENIOR ACCOUNTANT
KPMG
01.2011 - 03.2014
CA (SA) -
Higher Diploma in Accounting -
University of The Witwatersrand
Bachelor of Accounting -
University of The Witwatersrand
Matric Certificate -
Tshepagalang Secondary School