Kobus Franck CA, CIMA, MBL
Head Of Finance at DomeShelter Australia- Claim this Profile
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Bio
Credentials
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Chartered Management Accountant
CIMAJan, 2013- Nov, 2024 -
Chartered Accountant (CA)
SAICA CA(SA)Jan, 2005- Nov, 2024
Experience
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DomeShelter Australia
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Australia
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Construction
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1 - 100 Employee
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Head Of Finance
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Mar 2021 - Present
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Rio Tinto
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United Kingdom
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Mining
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700 & Above Employee
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Finance Business Partner
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Jul 2018 - Feb 2021
Provide financial and commercial advice to Business Units through quality analysis and insights to facilitate well informed decisions and to drive improved business performance. Engage with Senior Leaders and the operational teams to identify, advise and evaluate productivity and financial performance, and value creation initiatives. Provide financial and commercial advice to Business Units through quality analysis and insights to facilitate well informed decisions and to drive improved business performance. Engage with Senior Leaders and the operational teams to identify, advise and evaluate productivity and financial performance, and value creation initiatives.
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Group Financial Controller / CFO
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Jan 2016 - Dec 2017
In this role, I oversee all financial operations in three countries for this CASA certified RPAS training organisation and cloud-based drone compliance, fleet management, and data solutions provider. This includes budgeting and strategic business planning, business negotiations, financial modelling and consolidation, reporting based on financial and non-financial metrics, cash flow planning and treasury, taxation, AP, AR, payroll, and accounting policies and procedures. Some achievements include: - Integral to the creation and establishment of the group’s structure with a US holdings company and subsidiaries in the United States, Australia and South Africa, and obtaining R&D and export grants from Austrade. - Key role in formulation of multi-national business strategy to raise capital, including core stakeholder negotiations. - Improving human resources and payroll processes for the Australian company while fulfilling multiple GM tasks. - Optimising financial operations by developing processes and procedures, designing a monthly reporting pack, including KPIs, establishing forecast and budget models, and defining taxation processes.
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Intercape
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South Africa
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Truck Transportation
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100 - 200 Employee
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Chief Financial Officer
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Jun 2012 - Dec 2015
During my tenure, I led a team of 20 to manage financial operations in seven countries for this major intercity passenger transport service, employing more than 1,000 staff. This included financial planning, policies, group cash flow management and treasury, AP and AR, relationship management with banks and shareholders, taxation and corporate governance. Some highlights include: - Implementing continuous process improvements and structure, including Implementing a multi-currency ERP and accounting system, and IDU forecasting and business plan software, and enhancing monthly reporting processes for Exco and the Board of Directors. Designed a profitability analysis report per route/product, including detailed costing. - Renegotiating a bulk supply agreement resulting in margin improvement - Integral to building international transport depot and managing project finance, suppliers, and key contracts. - Formulating official international Transfer Price Policy (TPP).
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Cell C
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South Africa
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Telecommunications
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700 & Above Employee
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Commercial Finance Manager
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Oct 2011 - May 2012
In this position, I structured a new division within the finance department from the ground up for this mobile service provider, operating more than 2,000 base stations, 1,000 employees and an annual turnover of $1B. This included recruiting and training team members, defining policies and procedures, and leading commercial planning, budgeting, and re-forecasting. Provided the CCO with commercial and financial analysis to support strategic decision making.A selected achievement is: - Mitigating commercial risk by conducting market and financial analysis to gain insight and optimise business performance.
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Finance Reporting Manager
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Jul 2008 - Sep 2011
In this role, I prepared monthly operational and financial reports to present to shareholders, BoD, Group CFO, and the executive committee. I consolidated the results of seven entities making up the group and reported statutory annual financial statements for group companies, reviewed month-end financial close for completeness and accuracy, evaluated Key Performance Indicators (KPIs) across product lines and channels, and analysed monthly financial results to recommend improvements. In addition, I liaised with auditors and represented the finance department at international shareholder conferences.A key highlight is: - Integral to a project to shorten reporting deadlines from 21 days to less than 10 days (prelim results day 3).
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Assistant Executive Head of Finance
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Mar 2007 - Jun 2008
In this role I acted as interim Executive Head of Finance for six months, leading a team of six managers and a team of 80 employees to handle year-end closure, reporting and auditor relations. This included overseeing multiple finance divisions, including Treasury, Accounts Payable, Fixed Assets, Billing and Accounts Receivable, Property, and Cell C Service Provider.A selected achievement is: - Successfully transforming billing/Accounts Receivable divisions and was integral to the implementation of an Activity-Based Costing (ABC) model.
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Financial Controller
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Jul 2005 - Feb 2007
As Financial Controller, I reviewed monthly balance sheet and income statement reconciliations and reporting and evaluated operating expenses versus budget to identify cost drivers. I also consolidated subsidiaries and joint ventures, prepared IFRS compliant annual financial statements, and ensured compliance with tax legislation requirements. A key accomplishment includes: - Increasing assurance by restructuring the property division after fraud was discovered by identifying weaknesses in control systems and implementing improved controls.
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Senior Internal Auditor
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Mar 2004 - Jun 2005
I was promoted to oversee all financial and operational audits to evaluate the quality of financial controls and process efficiencies and recommending improvements to systems and procedures.
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KPMG South Africa
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South Africa
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Business Consulting and Services
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700 & Above Employee
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Article Clerk
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Jan 2001 - Feb 2004
I received a promotion from Trainee Accountant to Supervisor, a position offered to only three people out of a group of 35, at this global network of professional firms providing audit, tax, and advisory services. I received a promotion from Trainee Accountant to Supervisor, a position offered to only three people out of a group of 35, at this global network of professional firms providing audit, tax, and advisory services.
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Education
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University of South Africa/Universiteit van Suid-Afrika
Master of Business Leadership (MBL) -
University of Pretoria/Universiteit van Pretoria
Bachelor of Commerce (Hons), Accounting -
University of Pretoria/Universiteit van Pretoria
Bachelor of Commerce (B.Com.), Accounting -
University of Pretoria/Universiteit van Pretoria
Bachelor of Arts (B.A.), Mathematics