Deloitte WB positioned for firm growth

By Advertorial
November - December 2015
Prime Business

In line with Deloitte Namibia’s strategic initiative to grow and cement its position as a leading professional services’ firm in the country, it has expanded its reach to the Erongo Region.

Operating in Namibia since 1959 and servicing a wide variety of clientele in different industries, Deloitte Namibia opened another office in Walvis Bay in January 2015, which was officially opened by Walvis Bay mayor Cllr Uilika Nambahu alongside the Deloitte Africa Audit leader, Geoff Pinnock and the Namibia Country Managing Partner, Erwin Tjipuka amongst others.

Talking to Prime Focus magazine recently, Deloitte Namibia Partner-In-Charge (PIC) of the Walvis Bay office, Arlington Matenda said the Erongo region is a key growth area for Namibia due to the growing economic activities taking place and planned to take place there, which include the Husab mine development, the Namport port expansion, (including the envisaged role of Walvis Bay as a logistics’ hub for Southern Africa) and the oil exploration activities in the Walvis Bay basin amongst others.

He added that as a principle, Deloitte is committed to driving economic growth, capitalizing on business opportunities, responding productively to challenges and supporting the creation of a sustainable and prosperous society.

Thus to demonstrate commitment to their clients, be more responsive to their needs and ably support their quest for growth, it became imperative for Deloitte to have a physical presence in the Erongo region.

“In addition, we already had a number of key clients in the region in industries such as mining, logistics, manufacturing and the public sector.

We have experienced reasonable growth since opening the office, and have won new clients in industries such as logistics and the public sector. We are convinced that the future is bright for the region, and indeed for us as an organization,” he enthused.

To keep growing the Walvis Bay office, Matenda as the PIC of the Walvis Bay office has to identify new growth opportunities for Deloitte, and capitalize on these to grow their market share in the Erongo region.

“Maintaining, growing and retaining our existing client base is particularly important as one must guard against complacency and strive to continue to innovate and better service our clients.

We aim to ensure that we deliver quality work, and more importantly make an impact that matters to our clients. At Deloitte, quality and integrity are at the cornerstone of everything we do.

Our aim is to create a lasting impression on our clients by walking the road with them, no matter the challenges they are facing,” he emphasized.

He further stated that it is important to remember their professional duty as advisors, and act within the rules of the game at all times.

Matenda, a registered Chartered Accountant with the Institute of Chartered Accountants of Namibia stressed the need to develop more professional accountants in Africa, and particularly locally. In order to curb this shortage of skilled accountants in Namibia, Deloitte Namibia has tirelessly implemented policies to service Namibia’s key developmental sectors.

“As a firm, we have long recognized the importance of developing all people in Namibia who have the will to become professionals, be it in accounting, tax, consulting or risk advisory.

We are proud to say that this policy, which was implemented aggressively from the 1980’s, has resulted in black Namibians being in a position now to service the business needs of some of Namibia’s key business and governmental organizations”, he beamed.

To keep this momentum going, Deloitte provides bursaries to Namibians, particularly those from disadvantaged backgrounds, to study towards qualifications such as Namibian chartered accountancy, Certified Internal Auditors, Certified Information Systems Auditors and tax professionals.

Over the past 12 years, Deloitte has spent in excess of N$11m on this program.

Matenda further noted that such investment has seen their contribution to the number of people qualifying as CA’s in the country increased; “Deloitte Namibia has a significant number of CA’s in relation to its total number of professional employees. Our firm currently has 30 chartered accountants in its employ, of which 18 are qualified Black CA’s.”

Deloitte has produced on average 29% of Namibia’s chartered accountants over the last nine years, and over 42 % of all Black chartered accountants in Namibia. This is no mean feat, and it has come about as a result of our deliberate investment in our people over time’’, he stated. Currently, Deloitte Namibia has about 114 professionals working in the different divisions such as Audit (which aims to build and preserve public trust in capital markets and the public sector); Tax Services (which assist clients to manage their tax exposures and compliance risks); Business-Process-as-a-Service (BPaaS) (which assist clients unlock innovation and productivity in their business) and Risk advisory services (which promotes good governance frameworks, data analytics, enterprise risk management and anti-fraud initiatives amongst other services) .

“Our suite of services allows our clients to experience the power of One Deloitte where we leverage off the strengths of our diverse offerings to offer comprehensive, economic and innovative solutions to challenges our clients may be facing. This approach also increases our ability to assist our clients in evaluating complex issues, develop fresh approaches to problems and implement practical solutions. We believe that the breadth and depth of our services differentiates us from our competitors and has led us to be the largest professional services firm in the world.”

Matenda who started off as a trainee accountant with Deloitte Harare from June 2004 to October 2007 and also had the opportunity to be seconded to the Deloitte London office to gain some international experience, owes the realization of all his career milestones to his family.

“I owe my elder sister Gelia a big thank you because she saw advertisements for Audit managers in the newspaper and sent me a cutting. At first, I was hesitant to apply as I was not a manager then but the rest is history. My application was successful and I joined Deloitte Namibia office in November 2007 as an Audit Manager and I rose through the ranks to Associate Director in January 2015 and subsequently Partner in June 2015,” he recalls.

He adds that being the last of five children and raised by his mother as his father passed on when he was five years old, he has his mother and older siblings to thank for their guidance.

“My mother made me the person I am today and I owe my success to her. Growing up in the township, she inspired me to excel despite the challenging circumstances one usually finds themselves in these environments.

To my wife Rutendo and my two boys (Peter and KK), they have been, are and continue to be a source of inspiration and a pillar of strength. Last but not least, I would like to recognize the efforts my mentor, Helen de Bruin who has played a significant role in my professional career development.”