CUT Chief Financial Officer Is Milingoni Nemutshili

CUT Chief Financial Officer is Milingoni Nemutshili. The Central University of Technology (CUT) is pleased to announce the appointment of Mr. Milingoni (Milli) Nemutshili as its new Chief Financial Officer (CFO), effective from November 1, 2023. Milli’s transition to this role marks a significant step forward for CUT, drawing upon his extensive experience and expertise in financial management.

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Background and Credentials

Milli has a longstanding association with CUT, having initially joined as Director of Financial Operations in May 2020, subsequently serving as the acting CFO from July 2021. His professional journey is distinguished by his qualifications as a Qualified Professional Accountant (SA) and membership with the South African Institute of Professional Accountants (SAIPA).

He holds a BCom degree in Accounting and Auditing from Vista University, complemented by a Senior Management Development Programme from the Wits Business School. His academic journey began at Ligege Secondary School in Limpopo Province in 1996.

Professional Experience

Bringing over 22 years of experience in financial and supply chain management across various sectors, Milli’s career encompasses roles in both the public and private sectors. His roles include Head of Finance for Waste Bureau SA, Director of Finance for the Department of Health in Limpopo.

Director of SCM for SASSA Johannesburg Region, Director of Finance for the Department of Home Affairs in Mpumalanga, Financial Manager for the Department of Education in Limpopo, and Acting Financial Manager/Senior Accountant for Gauteng Economic Development Agency.

Responsibilities as CFO

As the CFO of CUT, Milli assumes responsibility for critical financial functions, including financial reporting, fees, financial aid, and financial operations. His appointment underscores CUT’s commitment to financial integrity and strategic management.

Conclusion

As the newly appointed CFO, Milli Nemutshili will oversee Financial Reporting, Fees and Financial Aid, and Financial Operations at CUT, ensuring the university’s financial stability and growth.

FAQs: CUT Chief Financial Officer Is Milingoni Nemutshili

Q1. What are Mr. Nemutshili qualifications?

Ans: Mr. Milingoni Nemutshili is a Qualified Professional Accountant (SA) and holds a BCom degree in Accounting and Auditing from Vista University. He is also a member of the South African Institute of Professional Accountants (SAIPA).

Q2. How long has Mr. Nemutshili been associated with CUT?

Mr. Nemutshili first joined CUT as Director of Financial Operations in May 2020 and later served as the acting CFO from July 2021.

Q3. What are Mr. Nemutshili main responsibilities as CFO?

Ans: As the Chief Financial Officer, Mr. Nemutshili is responsible for overseeing financial reporting, fees, financial aid, and financial operations at CUT.