Thato Ntseare

Experience

• 

  University of Cape Town

  Feb 2009 - Nov 2009

  Accounting Tutor

  I had classes ranging between 20-30 students for four hours a week split into two, two hour sessions. During this session I assisted the students in providing them detailed explanations of the accounting concepts that they had learnt in the previous week.During this session the students would also attend having completed a number of examples and I would go through these examples during the session and answering any questions the students may have.

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  Deloitte

  Jan 2012 - Mar 2015

  I perform procedures on entities internal controls as well as on the actual reporting and recording processes of companies. This involves evaluating the accuracy and validity of financial records and assessing the effectiveness of financial controls. This is to obtain reasonable assurance that the misstatement of the Annual Financial Statements of companies are unlikely.This occupation requires one to be able to adapt to situations as well as learn very quickly. This is due to the fact that one is required to learn the processes and systems within an entity very quickly and be able to develop procedures that will adequately provide me with the assurance.It also comprises coaching the incumbant Audit assistants on how to perform adequate procedures, so that they may complete their tasks at a top quality.The Senior is required to lead and co-ordinate the audit team. Identify potential issues with financial transactions and financial operating systems and communicate these timeously to client management with proposed solutions.All tasks were performed under deadline conditions.I apply extensively, International Financial Reporting Standards (IFRS), International Audit Standard (IAS) ,SA Companies Act, Value Added Tax Act and Income Tax Act knowledge to audit engagement tasks. Perform the planning of audit engagements, which involves obtaining a detailed understanding of the client business.Identify and evaluate potential business and audit risks and formed appropriate strategies and approaches to address the risks identified.Perform the reporting and concluding of audit engagements, which involves providing a final audit opinion of the entities financial records.Evaluate key financial ratios and perform analytical reviews of the Statement of Financial Position and Statement of Comprehensive Income. Perform detailed going concern assessments for the financial outlook of an entity by evaluating budgeted and forecast figures for reasonability. Show less

  • Audit Senior

    Jan 2015 - Mar 2015

  • Senior Auditor

    Jan 2012 - Dec 2014
• 

  Step Advisory

  May 2015 - Jun 2018

  As a manager at Step Advisory, my responsibility is to manage the execution of client projects. This process involves providing strategic oversight into project content which is obtained through either primary or secondary research as well as through financial models. It also involves team oversight to ensure that my team members deliver quality, implementable deliverables for our clients. These projects include performing financial and commercial due diligences, corporate venturing, strategy facilitation, strategy development and strategy execution amongst others.An important element of the role also involves fostering existing client relationships and developing new ones through active engagement with our target market.Probably the most important responsibility is to ensure that at every step of the way my team and i are delivering value and providing support to our clients.Currently the highlight of this role has been managing the development and execution of an impact investment strategy for one of our clients. Show less As a senior associate i was responsible for the execution of a single stream of work that formed part of a client deliverable. A stream would be responsible for one of the following: 1. Business analysis focuses on analysing the internal workings of a client's business and report on its positives and its shortcomings, and this often includes building a financial model.2. Market analysis involves performing market research related to market trends, players, industry regulations etc and generally all the macro economic factors that affect the business and new markets it wishes to enter.3. Financial due diligence involves a detailed analysis of the financial situation of the company or its potential acquisition. 4. Strategy facilitation which involves facilitating the conversation held by executive management around how to grow their organisation.In all of the above streams I was responsible for presenting my findings to the client.Through my experience I have developed and honed competencies in the following areas:- Financial Analysis and Business Insight- Financial ModellingI have been involved in and built financial models using qualitative and quantitative factors that have been used to support clients in their strategic decision making process.- Investment Approach DevelopmentI assisted a client in developing an investment philosophy, strategy and process. I led the team through harnessing a research competence and knowledge of facilitation methodologies to provide direction to executive management during workshops.- Project ExecutionI have been involved in the implementation of projects and focused on the application of the Scrum methodology to execute on such implementation plans. This approach involves building a minimum viable product to launch to customers and iterate on its development through receiving regular customer feedback.- Strategy Facilitation Show less

  • Manager

    Mar 2018 - Jun 2018

  • Senior Associate

    May 2015 - Feb 2018
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  Mineworkers Investment Company

  Jul 2018 - Oct 2024

  Impact Investment Manager

  In this role, I was responsible for MIC’s impact investment portfolio, as well as assisting the CEO with special projects. The portfolio is currently focused on establishing a foothold in venture capital through our R150m investment vehicle MIC Khulisani Ventures. The aim of the vehicle is to drive financial inclusion for previously disadvantaged technology entrepreneurs and founders in South Africa. This responsibility entails sourcing, diligence and post investment management of the investments within this portfolio. I served on the boards of MIC Khulisani Ventures investments as well as MIC's impact investment into TooMuchWifi and Pineapple Insurance. Show less

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  OPTRON (Pty) Ltd

  Jul 2020 - Mar 2024

  Non Executive Director
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  TooMuchWifi

  Oct 2022 - Oct 2024

  Non Executive Director
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  Quro Medical

  May 2023 - Oct 2024

  Non Executive Director
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  Pineapple

  Sept 2023 - Oct 2024

  Non Executive Director
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  E Squared Investments

  Nov 2024 - now

  Investment Manager