Director / CEO - Oabile Investment Solution - Centurion
(2021-12)
- Grew company revenue from R0 to R37 million in 5 years through partnerships and market expansion.
- Negotiated long-term supply contracts with Kwanda Resources, Alurite and Envirocycle.
- Ensure the company adheres to legal, regulatory and ethical standards.
- Strategic planning and vision setting for company growth and market expansion.
- Financial oversight, including budgeting, forecasting, and ensuring fiscal responsibility.
- Overseeing operations to ensure efficiency, quality, and customer satisfaction
- Corporate governance and compliance adherence to protect company integrity
- Brand ambassadorship, representing the company at major events and in the media
- Continuous improvement initiatives to enhance systems, processes, and practices
Senior Manager: Business Performance - Transnet Freight Rail - Parktown
(2013-10 - 2021-11)
- Analyse current business performance in order to determine current trends in terms of key indicators of strategy execution in order to identify areas for intervention.
- Analyse the impact of changes in the external economic environment on strategy achievement to provide early warnings for implementation of mitigating strategies.
- Evaluate proposed benefits per initiative in order to provide an aggregated view of probabilities of target achievement, based on the identified initiatives.
- Project business performance based on current trends, potential macroeconomic influences, and initiatives launched to enable evaluation of the adequacy of initiatives in support of strategy execution.
- Coordination of processes for the compilation of annual performance plans with key measures & targets, and key performance indicators.
- Follow-up on matters arising / key decisions from EXCO; Results Management Office Committee and ensure timely implementation thereof.
- Coordinate Business Units performance reports to EXCO and its Committees, and to the Shareholder (Department of Public Enterprise) through Transnet Group.
- Led cross-functional teams to drive process improvements and optimize organizational productivity.
Portfolio Officer - Development Bank of Southern Africa (DBSA) - Midrand
(2009-08 - 2013-09)
- Develop and present project monitoring plans and reports to Credit Committees at DBSA.
- Contribute to OPSCO and CCC meetings, offering insights on project feasibility from a monitoring and implementation standpoint.
- Collaborate with Legal Services Group to inform the drafting of loan agreements, ensuring they are manageable and monitorable.
- Create checklists to align draft loan agreements with initial approvals, such as term sheets.
- Manage a diverse project portfolio across various economic sectors.
- Maintain a comprehensive diary of project milestones, fee collection, disbursement schedules, repayment dates, and required financial statements for effective monitoring.
- Work alongside GLS and Investment Officers to confirm fulfillment of conditions precedent before disbursement.
- Supervise disbursements and track post-investment progress.
- Monitor loan agreement covenants and obligations to ensure debtor compliance.
- Conduct regular client assessments to oversee adherence to legal agreements, corporate governance, and risk profiles.
- Analyze financial statements and investment reports to assess risk and return profiles.
- Implement asset allocation strategies in line with client risk tolerance and investment objectives.
- Prepare and present portfolio performance reviews and strategy proposals to stakeholders.
- Ensure compliance with industry regulations and ethical standards in all portfolio activities.
Senior Manager - Development Bank of Southern Africa (DBSA) - Midrand
(2009-08 - 2013-09)
- Conducted comprehensive business analysis to identify growth opportunities and areas for cost reduction.
- Managed the preparation and review of financial reports to ensure accuracy and provide insights.
- Collaborated with senior leadership to define key performance indicators and track organizational progress.
- Facilitated regular performance reviews, presenting findings and recommendations to stakeholders.
- Championed the adoption of new technologies to enhance business intelligence and reporting capabilities.
- Developed and implemented strategies to enhance business performance and profitability.
- Analyzed financial reports to identify trends and areas for cost reduction and revenue growth.
- Managed and optimized budget allocation to ensure alignment with strategic business objectives.
- Collaborated with senior leadership to define key performance indicators and set targets.
Transactional Manager - Rand Merchant Bank (RMB) - Sandton
(2007-11 - 2009-07)
- An integral part of the deal team from inception through implementation and management.
- Ensure that all supporting documentation is in place prior to transacting.
- Verification of commodity prices and exchange rates through Bloomberg system.
- Collating information on financial markets and macroeconomic environment.
- Development of indicators on financial markets liquidity.
- Perform purchase calculations and load the transactions on RMB's systems Perform sale calculations and load the transactions on RMB's systems.
- Ensure commodity pricing is correct - purchase and sale.
- Ensure that transactions are processed correctly on RMB's various systems.
- Ensure each transaction has a complete audit trail.
- Monitor the Finance Register to ensure compliance with cover ratio covenants (if applicable).
- Oversee daily transaction processing and ensure compliance with policies and regulations.
- Manage and mentor transactional team, fostering a culture of high performance and continuous improvement.
- Collaborate with cross-functional teams to streamline transactional processes and increase efficiency.
- Develop and implement transaction management strategies to minimize risk and optimize operational success.
- Monitor transactional workflows, identifying bottlenecks and implementing solutions to enhance productivity.
- Maintain accurate records of all transactions and prepare reports for senior management review.
- Stay abreast of industry trends and regulatory changes affecting transaction management.
- Handle complex transactions and provide guidance on transactional issues to team members.
- Ensure customer satisfaction by resolving transactional disputes and maintaining high service standards.
- Conduct regular audits of transactional activities to ensure accuracy and integrity of financial data.
Foreign Loans Officer - Industrial Development Corporation (IDC) - Sandton
(2003-07 - 2007-10)
- Review of legal agreements to ensure that financial implementation of transaction is consistent with legal and financial objectives of the transaction.
- Analysing terms and conditions of foreign loans. Manage Compliance to Agreement terms and other statutory requirements.
- Preparation of Loan Commitment Projections reports for future funding options. Compilations of repayment schedules compliant with agreement conditions.
- Management of CFC accounts and foreign exchange covers.
- Preparation of payment instructions, settlements on rollovers.
- Follow up arrears and defaults, adhering to IDC systems and internal control.
- Liaise with Lenders, mostly International Banks such as ADB in terms of disagreement and seek resolution.
- Arrange short term funding for Structured Trade Finance as and when required; MIS monthly and ad-hoc reports: completion of monthly meeting schedules and attending to all.
- Completion of Foreign Loans Reports to Department of Treasury's Asset and Liability Management Division and the Reserve Bank of South Africa.
- Responsible for accounting processing of foreign loans.
- Ensure compliance with regulatory standards and internal policies for foreign transactions.
- Collaborate with international banking partners to facilitate cross-border lending.
- Monitor foreign exchange rates and their impact on loan pricing and risk.
- Provide financial advice and support to clients seeking loans in foreign currencies.
- Develop and maintain relationships with foreign clients and stakeholders.
- Manage loan portfolio to ensure timely repayment and minimize default risks.
- Stay updated on global economic trends and their implications for foreign lending activities.
Techno Economic Advisor - Iskhus Power - Kempton Park
(2002-02 - 2003-05)
- Electricity bills verification.
- Conducting cost-benefit analysis for new technology implementations and upgrades.
- Liaison with municipal electricity departments and Eskom account executives. Electricity tariff or pricing analysis.
- Participating in workshops for the establishment of Regional Electricity Distributors (REDS).
- Attending to Regulatory issues in the Electricity Supply Industries.
- Evaluating economic viability of energy solutions within various industry sectors.
- Providing recommendations on policy and regulatory considerations for energy strategy adoption.
Trade Specialist - First National Bank (FNB) - Johannesburg
(2000-11 - 2002-01)
- Monitored international trade regulations and compliance requirements to ensure adherence.
- Managed logistics and supply chain operations for import/export activities to ensure timely delivery.
- Conducted detailed risk assessments on potential trade deals and investments.
- Collaborated with sales and marketing teams to align trade initiatives with business goals.
- Provided expert advice on currency exchange, trade finance, and payment methods.
- Prepared and presented trade reports and performance analyses to senior management.
Creditors - SGS South Africa
(1998-08 - 2000-10)
- Managed accounts payable and receivable, ensuring accurate and timely processing of invoices.
- Maintained financial records and reports, including monthly reconciliation of creditor statements.
- Negotiated payment terms with suppliers to optimize cash flow management.
- Processed payments and bank transfers, adhering to internal controls and financial policies.
- Resolved invoice discrepancies and handled queries from suppliers and internal departments.
- Prepared and issued purchase orders, monitoring expenditures against budget allocations.
- Conducted credit checks on new suppliers to assess creditworthiness and mitigate risk.
- Collaborated with procurement to ensure alignment of purchasing with financial obligations.
- Assisted with month-end and year-end closing procedures, including accruals and prepayments.
- Supported financial audits by providing documentation and explanations for creditor transactions.
