This page summarises the terms on which NoziConsults (Pty) Ltd provides advisory and fractional CFO services. A detailed Letter of Engagement is signed at the start of every client relationship, and that letter, together with our standard terms of business, prevails over this summary.
1. Who we are
NoziConsults (Pty) Ltd (CIPC registration K2022805551) is a boutique financial advisory practice based in South Africa. Nozipho Cele is a Chartered Accountant (CA(SA)) and member in good standing of the South African Institute of Chartered Accountants ("SAICA"). All engagements are conducted in line with the SAICA Code of Professional Conduct and the IESBA Code of Ethics for Professional Accountants.
2. Services we offer
We provide fractional CFO, financial management, strategic and transaction support to owner-led and growing South African businesses. Our service architecture is structured across three retainers, plus bespoke advisory:
- Foundation: part-time CFO rhythm for smaller operating businesses.
- Growth: embedded CFO capacity for scaling businesses with active reporting and planning needs.
- Strategic: senior-level CFO partnership for complex, deal-led or expansion-stage businesses.
- Advisory and ad hoc: scoped short-form engagements such as valuations, modelling, due diligence support and board advisory.
The exact scope, deliverables and cadence for any engagement are agreed in a Letter of Engagement before work begins.
3. How we engage
- Introductory call to understand context and fit.
- Scoping conversation and written proposal.
- Letter of Engagement, signed by both parties, defining scope, deliverables, fees and duration.
- Onboarding and kickoff.
- Delivery in the agreed cadence, with periodic review points.
4. Professional standards and independence
We comply with the SAICA Code, the IESBA Code and applicable South African law, including the Companies Act, 71 of 2008, the Tax Administration Act, 28 of 2011, the Financial Intelligence Centre Act, 38 of 2001 ("FICA") and the Prevention and Combating of Corrupt Activities Act, 12 of 2004 ("PRECCA"). We apply threats-and-safeguards analysis before accepting any engagement, and will decline or withdraw from any engagement where independence or objectivity cannot be preserved.
5. Fees, invoicing and VAT
- Retainers are invoiced monthly in advance unless otherwise agreed.
- Ad hoc work is invoiced on agreed milestones or on completion.
- NoziConsults is not currently a registered VAT vendor. Our fees therefore do not carry VAT.
- Payment is due within 14 days of invoice unless your Letter of Engagement specifies otherwise.
6. Confidentiality and data protection
All information you share with us is treated as confidential. We process personal information in line with our POPIA Privacy Notice. Client working papers remain our property as required by SAICA, while the deliverables we produce for you become yours on payment.
7. Limitation of liability
Our total aggregate liability for any engagement is limited as set out in the relevant Letter of Engagement. We carry professional indemnity cover appropriate to a boutique CA(SA) practice. We do not accept liability for consequential, indirect or reputational loss, nor for decisions taken by you or third parties relying on information we did not prepare or verify.
8. Anti-money laundering and ethical conduct
We conduct client due diligence in line with FICA and will decline or terminate any engagement where we cannot satisfy ourselves of the client's identity, beneficial ownership or the legitimacy of the funds involved. We operate a zero-tolerance position on bribery and corruption in line with PRECCA.
9. Intellectual property
Frameworks, templates, models, training materials and methodologies that we bring to an engagement remain our intellectual property. Work product prepared specifically for you, and paid for in full, is licensed to you for internal use unless a different arrangement is documented in writing.
10. Termination
Either party may terminate a retainer on 30 days' written notice unless the Letter of Engagement specifies a different period. Fees for work done up to the termination date remain payable. Ad hoc engagements terminate on delivery.
11. Dispute resolution
Any dispute arising out of or in connection with an engagement will first be referred to good-faith discussion between senior representatives of both parties. If unresolved within 20 business days, the dispute will be referred to mediation under the rules of the Arbitration Foundation of Southern Africa ("AFSA"). Failing settlement, the dispute may be referred to arbitration under AFSA's expedited rules.
12. Governing law
Engagements are governed by the laws of the Republic of South Africa. The parties submit to the non-exclusive jurisdiction of the South African courts.
13. Electronic communication and signatures
We transact by email, secure portals and video conferencing. Electronic signatures on Letters of Engagement and related documents are valid and binding in terms of the Electronic Communications and Transactions Act, 25 of 2002.
14. Contact
Email: info@noziconsults.com
Website: www.noziconsults.com