Steven May, CA(SA)
Finance Executive at Prima Toy and Leisure Trading- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
I worked and reported to Steven at Redfern between 2015 and 2018. He had a strong drive to grow sales and worked with great effort to optimise synergies in departments and create visible workflows to better company lead times and department co-operation. He became a friend and a trusted leader with a vision for growth and will be missed as our CEO
I worked and reported to Steven at Redfern between 2015 and 2018. He had a strong drive to grow sales and worked with great effort to optimise synergies in departments and create visible workflows to better company lead times and department co-operation. He became a friend and a trusted leader with a vision for growth and will be missed as our CEO
I worked and reported to Steven at Redfern between 2015 and 2018. He had a strong drive to grow sales and worked with great effort to optimise synergies in departments and create visible workflows to better company lead times and department co-operation. He became a friend and a trusted leader with a vision for growth and will be missed as our CEO
I worked and reported to Steven at Redfern between 2015 and 2018. He had a strong drive to grow sales and worked with great effort to optimise synergies in departments and create visible workflows to better company lead times and department co-operation. He became a friend and a trusted leader with a vision for growth and will be missed as our CEO
Credentials
-
CA (SA)
SAICA CA(SA)
Experience
-
Prima Toy and Leisure Trading
-
Manufacturing
-
1 - 100 Employee
-
Finance Executive
-
Mar 2019 - Present
- Finance Executive for group of companies.- Preparation of management accounts for Group Exco.- Presentation to Group Exco and divisional Manco.- Consolidations for JSE listed shareholder.- Group cashflows, budgets and forecasts.- External audit management.- BBBEE compliance.- Retailer calculations of various rebates and discounts (IFRS 15).- Hedge accounting - IFRS interpretations and implementations.- ERP reporting (SYSPRO 7) and management.- Operations – daily management of department heads, group accountants.- Financial Statement preparation.- Taxes - calculations and submissions.
-
-
-
Redfern Labels
-
South Africa
-
Printing Services
-
1 - 100 Employee
-
Chief Executive Officer
-
Aug 2018 - Oct 2018
- Chaired Exco and shareholder reporting.- Developed and implemented business strategies; risk management.- Led board of directors.- Acquisition of new businesses to expand product offerings – developed deal structure.- Securing of finances for business expansion.- Reformed procurement processes.- Renegotiated supplier terms and rebates.- Successful labour union negotiations.- Improved product development processes to secure better quality.- Guided CFO with reporting and high-level system implementations.- Managed sales teams and sales targets nationally in conjunction with sales chiefs.- Oversight on IFRS interpretations and implementations.- Oversight on financial statement preparation.- Oversight on corporate tax calculation.- BBBEE strategies and compliance.- Managed stakeholder relationships.
-
-
Chief Operations Officer
-
Apr 2017 - Aug 2018
- Led board of 6 directors (phasing in to become CEO).- Developed and implementation of business strategies and risk management.- Managed merger between Redfern Labels and Long Run Labels and Laminates.- Shareholder buy out negotiations and contracts of Redfern Labels.- Managed audit, legal and tax effects of the merge. - Established new sales teams in Johannesburg.- Managed sales teams nationally (Cape Town and Johannesburg.- Innovated and successfully implemented a new electronic, company- wide workflow to manage manufacturing bureaucracy requirements with sales expedite needs.- Improved production departments’ efficiencies by eliminating legacy issues, resolving merger issues and integrating new system to national sales team requirements.- Merged production ERP with accounting ERP to speed up reports and eliminate manual processing.- SYSPRO 7 migration to SAGE Evolution.- Cost cuts – various cost cuts and new processes saved between 7-9% of revenue in expenses.- Successful labour union and CCMA negotiations.- Guided CFO on matters of group finances (while preparing to take over as CEO).- IFRS implementation and interpretations. - Chaired Exco and shareholder reporting.- Oversaw payroll.- BBBEE compliance.- Planned and managed IT projects.- Prepared cashflows, budgets and forecasts- Preparation of management accounts.- VAT calculations and submissions.- External audit management.
-
-
Chief Financial Officer
-
Nov 2013 - Mar 2017
- Chaired Exco and shareholder reporting.- Headed finance department and company turnaround processes.- Restructured board of directors and re-assigned duties and responsibilities.- Pioneered sales management techniques to increase revenue by 40%.- Introduced manufacturing- increased profits by 50%.- Planned and managed IT projects.- Preparation of management accounts.- Prepared cashflows, budgets and forecasts.- Managed payroll.- VAT calculations and submissions.- Managed branded sales and products.- Key customer calling.- External audit management.- ERP reporting (SYSPRO 7) and management.- Headed union negotiations and CCMA matters.- Handled legal matters and attended High Court procedures.- Managed BBBEE ratings and strategies.- General maintenance and project management- Merged with Long Run Labels and voted in as COO of group.
-
-
-
-
Financial Manager
-
Feb 2013 - Oct 2013
- Established the financial and administration departments.- Preparation of monthly management accounts for Manco.- VAT calculations and submissions.- Tax calculations and submissions.- Managed all financial functions of the business.- Co-ordinated stock imports and production schedules.- Accounting records cleaned up and debts collected.- Planned and managed warehouse logistics for depots country wide.- General office management.
-
-
-
CAP Chartered Accountants Incorporated
-
South Africa
-
Financial Services
-
1 - 100 Employee
-
Trainee Accountant
-
Jul 2010 - Dec 2012
- Worked and studied full time and achieved BCOMPT and BCOMPT HONS. - Managed audit teams.- Specialized in asset valuation and cash flow forecasting/ budgets.- DTI grant audits.- Served as member of SAICA Southern Regional Trainee Committee.- A top performer in the firm based on productiveness.- Completed team audits over various sectors - finance, manufacturing, agriculture, retail and travel.- Tax preparations and submissions/ SARS correspondence.
-
-
-
-
Audit Clerk
-
Jan 2010 - Jun 2010
- Worked and studied full time via UNISA for BCOMPT.- Company audits.- Accounting to trial balance/ general bookkeeping.- Tax calculations (individuals, companies and trusts).- SARS returns (income tax, VAT & PAYE) and submissions.
-
-
-
-
Financial clerk
-
Mar 2009 - Dec 2009
- Worked and studied full time via UNISA for BCOMPT.- Managed client portfolio over several industries.- VAT, PAYE and INCOME TAX calculations and submissions.- Accounting to trial balance (audit ready).- SARS correspondence and E-Filing.
-
-
-
-
Beekeeper
-
Apr 2008 - Oct 2008
While working as a bee-keeper in USA, I studied full time through UNISA. Commercial bee-keeping is a physically demanding task and requires a lot of grit. Remaining focused after a hard day's work was key to successfully complete my first year's study.
-
-
Education
-
2019 - 2020
University of Cape Town
MCom (Internationl Tax), Business/Commerce, International tax -
2011 - 2011
University of South Africa/Universiteit van Suid-Afrika
BCompt Hons, Accounting and Finance -
2008 - 2010
University of South Africa/Universiteit van Suid-Afrika
BCompt, Financial accounting and auditing -
2002 - 2006
Paarl Boys' High School
Matric
Community
