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Work Background
Air BotswanaDirector - Finance and Administration
Sep. 2023Gaborone, BotswanaTo program executive decisions into departmental goals by ensuring sound financial systems and frameworks; corporate administration policies are in place to enable the Airline to achieve its business plan. To lead and drive the strategic, corporate and financial planning requirements of Airline ensuring high levels of financial accountability and budgetary control across the organization.
Development of clear financial strategies and financial discipline positively whilst fostering collegial and cooperative attitudes to ensure financial prudence and integrity.
Analyze the airline value chain and identifying ways of maximizing operational efficiencies through cost containment and improved processes.
Oversee management and coordination of the airline budgeting process through development and implementation of the budget timetable and guidelines.
Oversee management and coordination of financial and regulatory reporting through timely production of relevant reports.
Develop and maintain sound financial accounting systems to ensure timely financial reporting in accordance with International Financial Reporting Standards (IFRS) and airline accounting policies.
Protection and optimal utilisation of the airline’s finances and assets.
Cash flow management and optimal returns on short term surplus funds and alternative sources of revenue.
Botswana Energy Regulatory AuthorityDirector - Finance & IT (Acting)
Apr. 2020 - Aug. 2021Lobatse● Worked with the CEO to identify, manage and mitigate risks related to the business’ corporate functions, operations, cashflow, solvency, or balance sheet risks, including budgetary and cash flow risks ● Oversaw the production of monthly reports by 5th of every month and cash flow projections for use by, Budget and Estimates Committee and EXCO, as well as quarterly reports for Finance, Audit and Risk Committee, the HR Committee, and Board of Directors ● Briefed the Board as and when required, through the CEO, on all material matters such as the Authority budget, cashflow and liquidity, assets and operations generally, and any issues requiring Board attention ● Provided the CEO with a monthly dashboard of key financial indicators including regulatory performance statistics, and liquidity indicators ● Assisted the CEO with identifying new funding, through development of funding model/fee structure and other opportunities and determining cost effectiveness of regulatory activities ● Worked with the CEO towards achieving specific operational targets within the revised strategic plan ● Supported and assisted the CEO with shareholder (Ministry of Minerals) and stakeholder engagement, and in some instances engaged directly when required ● Attended Board and subcommittee meetings and was accessible to all members of the Board and its subcommittees. ● Ensured that the Board is provided with sufficient accurate information on a timely basis about the Authority’s liquidity, corporate and financial performance, financial position and regulatory activities
Botswana Energy Regulatory AuthorityFinance Manager
Oct. 2019 - Aug. 2023Gaborone, South-East, Botswana● Facilitated the Finance Director, together with the CEO to drive shareholder value by implementing the corporate strategy as agreed with the Board and within the shareholder compact ● Facilitated the Finance Director and the CEO, in providing financial input and advice to the Board on strategy formulation, and with respect to the Authority’s regulatory activities, financial position, liquidity, and risk management ● Participated in drafting of contract terms for Service Providers under African Development Bank Project, as well as ensuring strong relationships with funding stakeholders and shareholders ● Prepared quarterly subvention requests/funding requirements and ensured shareholder targets are achieved in line with strategic objective of financial independence and sustainability ● Responsible for overseeing the coordination of the activities of independent auditors, ensuring all audit issues are resolved, and all compliance issues and requirements are met. ● Ensure that all systems required to mitigate the various risks identified and noted in the risk log and monitored monthly
Minerals Development Company BotswanaFinancial Controller
Oct. 2017 - Sep. 2019Gaborone, Botswana● Oversaw the finance function, reporting to Finance Director, in-charge of a balance sheet of about P8 billion net assets and an annual budget of P105 million ● Monitored activities on all business accounts, including money market investment accounts, and implemented mitigations against fraud or other risks ● Oversaw all purchasing, supplier payments and payroll processing, representing expenditure in excess of P5 million per month ● Participated in new business considerations such as evaluation of investment in Minergy Coal and various other mineral investment opportunities, ensuring proper assessment of risks ● Stakeholder management involving evaluation of monthly billing by the BCL Liquidator and making recommendations to management to advise Ministry of Minerals to authorise payment ● Created and established key performance metrics to measure financial health of operations in the form of dashboards, reporting templates and financial models. ● Achieved a 50% reduction in turn-a-round time in management reporting and monthly financial close, through automation, analysing actual vs. budget ● Automated the consolidation of group financial statements involving a subsidiary (Morupule Coal Mine) with overlapping financial year ends, and a foreign currency denominated investment (associate) – De Beers Plc
Botswana Accountancy CollegeLecturer - Accounting and Finance
Jul. 2017 - Sep. 2017Francistown, Botswana● Preparing scheme of work for the semester
● Preparing for lectures on a daily basis
● Delivering lecturers/tutorials for AAT Level 2 (specifically Bookkeeping Transactions and Elements of Costing)
● Preparing progress test scripts, marking and reporting students' performance
Marge ConsultingFounder, Lead Consultant
May. 2017 - Sep. 2017Selebi Phikwe, BotswanaFounding Director of PayTax Consult (Pty) Ltd t/a Marge Consulting, a private company registered in Botswana in 2014 (Co2014/9334). Achievements
● Assisted youth start-ups to develop business plans to support funding applications
● Assisted business incorporation and supported small to medium enterprises from start-up to successful operations
● Assisted sole proprietorship and partnerships with tax matters; return preparation and filing
● Advised business owners with cash projections, investment plans and risk management
● Assisted clients with compliance requirements
● Prepared financial statements for clients
BCL LimitedFinance Superintendent
Nov. 2012 - Apr. 2017Selebi Phikwe● Oversaw the finance function, reporting to Finance Manager, in-charge of A sheet of about P8 billion net assets and an annual budget of P105 million ● Led the development of both the Operating and Capital budget of about annually, including manpower, to ensure compliance with established company parameters and timelines ● Saved the company about P567 million in SARS taxes, interest and penalties through analysis of transactions, collation of facts and presentation of required documentation ● Built a “best-in-class” finance team focused on serving customers and delivering results, while minimizing bureaucratic systems and controls. ● In charge of statutory and financial reporting as required by all stakeholders, thus providing key management financial information for decision making. ● Prepared weekly cash forecast to ensure adequate cash flow to meet the mine’s short-, medium-, and long-term requirements ● Automated process for generating management accounts, shortening turn-a-round time for monthly reporting by 50%, from initial 14 days to 7 days after period close. ● Shortened generation of annual consolidated group financial statements to 30 days after year-end close. ● Prepared quarterly Board packs and presentations for Finance Committee, Technical Board, and Annual General Meeting. ● Prepared monthly and quarterly reports and updates for Executive management. ● Prepared annual budget for the Finance department and a cash flow forecast for as an input to the 'Life of Mine' model.
BCL LimitedPayroll Superintendent
Jun. 2005 - Oct. 2012Selebi Phikwe● Oversaw a payroll function for over 2,000 employees, with a total wage bill of P7 million per month ● Led a multi-million-pula systems integration project which resulted in 20% cost savings on overtime and leave pay. ● Prepared weekly reports for EXCO, analysing labour cost against budget per cost centre and flagging excessive overtime per department. ● Contributed to timely release of management accounts through review and approval of payroll transactions and general ledger reconciliations. ● Ensured compliance with requirements for Income Tax Act, through remittance of PAYE deducted through payroll and submission of monthly and annual PAYE returns. ● Initiated Microsoft Office training for the payroll team as my contribution to staff development
Deloitte & ToucheAudit Senior
Jun. 2004 - May. 2005Gaborone, Botswana● Led audit engagements of multi-nationals and other local entities in various industries, including among others mining operations such as Debswana, BCL and Tati Nickel Mining Company ● Planned audits for small to medium enterprises, including drafting budget for the engagement and allocating resources (staffing and billable time) ● Prepared management reports based on audit findings and presented to clients, recommending improvements to internal controls
Deloitte & ToucheAudit Assitant - Senior Audit Assistant
Jul. 2000 - May. 2004GaboroneAssisted Audit Seniors and Supervisors in the execution of audit engagements, through detailed and analytical audit of transactions for simple to complex business transactions and processes. I achieved this at various levels while being promoted as follows; Senior Audit Assistant 3 (1 December 02 to 31 May 2004)
Senior Audit Assistant 2 (1 December 01 to 30 November 2002)
Senior Audit Assistant 1 (1 March 01 to 30 November 2001)
Audit Assistant 3 (1 July 2000 to 28 February 2001)
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