Ratang Icho- Molebatsi

Experience

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  Deloitte & Touche

  Jan 2005 - Jan 2009

  Audit Senior
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  Stanbic Bank Botswana

  Aug 2009 - Dec 2011

  Manager; Financial Accounting, tax and regulatory.

  • Ensure accurate financial reporting of the banks balance sheet and income statement; reporting to group.• Preparing monthly management accounts in accordance with international financial reporting standards,• Supervisory of the accounts payable, receivable, fixed assets teams.• Supervisory of the intercompany bookings and ensuring we able to consolidate into group results.• Ensuring complete general ledger reconciliation are performed and reviewed.• Cost analysis and management,• Taxation reporting and submissions to BURS,• Regulatory reporting to Bank of Botswana, monthly, weekly and ad hoc.• General ledger maintenance. Show less

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  Stanbic Bank

  Jan 2012 - May 2017

  • Ensure accurate financial reporting of the bank’s balance sheet and income statement; reporting to group.• Responsible for the annual report.• Responsible for audits both external and internal.• Setting up the finance Strategy ensuring it’s documented, executed and achieved.• Setting up the Finance procedures manual.• Business performance analysis ensuring accurate reporting for the different sectors of the Bank. Providing financial input and guidance on the formulation of the business divisions operating plans/budgets and monitor progress towards their achievement drawing attention to important trends and to opportunities to maximize earnings and minimise risk.• Financial institution risk management (liquidity risk, interest rate risk, foreign exchange risk, credit risk, operational risk and regulatory/compliance risk);• Group reporting ensuring the accurate management and reporting of Stanbic Bank and its subsidiaries.• Maintaining an efficient and integrated accounting system and appropriate internal controls.• Ensure the accuracy of the global markets reporting through the product control function.• Providing guidance to the business on accounting and tax matters.• Liaising with stakeholders on setting up of the Banks budget annually and working on the necessary revisions of this budget during the year Show less • Ensure the adequacy of the financial controls for the bank. Implementation of daily monthly and weekly controls.• Enforcing system controls to avoid them from being misused or abused.• Undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls.• Management of the financial risk and setting up mitigating processes to counter effect the risks.• Ensure accurate financial reporting of the bank’s balance sheet and income statement; reporting to group.• Preparing monthly management accounts in accordance with international financial reporting standards,• Supervisory of the accounts payable, receivable, fixed assets teams.• Supervisory of the intercompany bookings and ensuring we able to consolidate into group results.• Ensuring complete general ledger reconciliation are performed and reviewed.• Cost analysis and management,• Taxation reporting and submissions to BURS,• Regulatory reporting to Bank of Botswana, monthly, weekly and ad hoc.• Implementation and monitoring the application of the standard chart of accounts.• Point of contact for Internal and External auditors. Show less

  • Head Finance

    Mar 2013 - May 2017

  • Financial Controller

    Jan 2012 - Feb 2013
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  Stanbic Bank Botswana

  Mar 2013 - May 2017

  Head Finance

  • Measuring total Banks performance against budget on a monthly basis.• Setting up the key risk indicators of the Finance unit.• Setting up and determining the risk control self assessment for Finance.• Deputizing the Chief Financial Officer (CFO) and report to board in the absence of the Chief Financial Officer also report to EXCO in the absence of the Chief Financial Officer.• Formulating policies that impact the Financial Environment.• Setting up the capital plan, communicating the same to Assets and Liabilities Committee (ALCO).• Ensure cost savings mechanisms are adopted.• Preparation of board packs.• Taxation reporting and submissions to BURS is performed on the required timelines with no penalties suffered. Reporting is for the Stanbic Bank Botswana Group.• Regulatory reporting to Bank of Botswana, monthly, weekly and ad hoc.• Custodian of the Banks general ledger• Ensure a healthy control environment for financial controls.• Membership to the Risk Management Committee, New Products Committee (NPC), ALCO, MANCO, Procurement Committee, Internal Financial Controls Committee (IFC) and Basel II Committee.• Chairperson for the Procurement Committee, NPC and IFC. Show less

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  Old Mutual Financial Services Botswana

  May 2017 - Sept 2019

  Group CFO
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  BancABC

  Sept 2019 - Oct 2021

  Finance Director
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  Access Bank (Botswana) Plc

  Nov 2021 - now

  Finance Executive

  Finance Director at Access Bank Botswana. A seasoned finance professional in Botswana