Christo Esterhuyse

Head Of Finance And Administration at Southern Oil (Pty) Ltd
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
City of Cape Town, Western Cape, South Africa, ZA

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • South Africa
    • Manufacturing
    • 100 - 200 Employee
    • Head Of Finance And Administration
      • Oct 2017 - Present

      Responsible for ensuring sound financial governance and formulation, implementation and monitoring of internal controls and accounting processes in order to safeguard company assets. Drive collaboration across divisions by following a hands-one operational style of financial management. Main responsibilities include: • Managing a team of 8 direct reports as well as number of indirect reports in such a way as to extract maximum efficiency. Functions including Financial Accounting, Accounts Receivable and Payable, Business Administration (currently) and IT, Business Analysis, Warehousing and Procurement (formerly). • Work in close unison with Managing Director and Commercial Director as well as other key personnel. • Facilitation of stock control through variance investigations, BOM creation and Margin Reporting per SKU. • Formulating financial targets and budgets in accordance with the strategy determined by the Managing Director and Board of Directors. • Stakeholder engagement through direct interactions with external Customers, Auditors, SARS, Union Representatives, Business Bankers, Suppliers, Acquisition key management staff, Insurance Brokers, Lawyers, etc. • Responsible for overall ZAR and foreign currency cash management on an on-going basis. • Financial and administrative visionary - i.e. identifying, researching and implementing measures to increase company profitability. • Perform the function of Company Secretary and also act as Director and Trustee on board of related Companies / Trusts. • Consider impact of hedging activities against set mandates as per policy guidance provided. • Financial viability evaluation of newly acquired businesses and resulting implementation of ERP (SAP). • Quarterly participation and presentations to Board of Directors highlighting Company financial performance. • Co-ordination of (Agri) BEE score improvement project liaising with key external and internal stake holders. Show less

    • South Africa
    • Consumer Goods
    • 400 - 500 Employee
    • Divisional Finance Manager
      • Jan 2015 - Oct 2017

      Accountable for all finance matters related to the Long-Life Foods (Canning) Operations, reporting to Managing Director (also dotted line to Group Chief Financial Officer). Plants include three fruit export businesses (deciduous canning and pulp grade / citrus / pine apple / jam) and two can vegetable manufacturing businesses. Main responsibilities include: • Ensuring accurate costing of SKUs maintained. Inventory Valuation based on combination of standard and average costing. • Budgeting and forecasting on a quarterly basis. • Daily interactions with Rhodes Executive Team / Commercial / Supply Chain / Central Finance / Site Personnel and NPD. Regular site visits. - Rhodes Executive Team: Sales and costing analysis, weekly estimation of Long-Life Division expected monthly results, various ad-hoc projects. - Commercial: Cost push analysis and identifying key drivers to target in order to achieve potential cost savings. Determining optimum contributions to deliver maximum value to Business. - Supply Chain and Procurement: Purchase price variances, stock take adjustments, Material Resource Planning, Working Cap analysis, Budget assumptions, etc. - Central Finance: Technical questions, NRV / Overheads in Stock analysis submitted to Central, Internal and External auditor questions, approval of payments, other ad-hoc queries. - Site Personnel: Daily interactions with Finance Managers, production reporting analysis, stock takes, month-end deliverables review, etc. - NPD team: Review of costings for new products and recommendation of reformulations for unprofitable lines. • CAPEX DCF valuations for projects, some in excess of R100m. • Ad-hoc projects, for example: - Project lead for the System automation of costing templates - Project lead for the automation of daily production reports for all Plants. - CHEP process review. - Five-year business model reviewed with Rhodes Executive team. - Standardisation of controls across Plants Show less

    • United Kingdom
    • Mining
    • 700 & Above Employee
    • Financial Accounting Specialist
      • Oct 2011 - Dec 2014

      Senior Accountant analysing financial results of Rio Tinto Alcan Gove Operations, liaising with various stakeholders: • Finance team leader looking after a fully integrated Finance function (10 people) encompassing Accounting, Payroll, Accounts Receivable and Accounts Payable. • Liaising with senior management on a regular basis on the value driving impact of site initiatives developed to transform the business. • Accountability for dealing with regulatory third parties including facilitation of annual PwC external audit, KPMG internal audit, Government Bauxite Royalty audit, Indirect Tax and Fuel Tax Credit monthly lodgement to Rio Tinto Tax, Traditional Owners Royalty calculation, etc. • Budgeting and forecasting on a quarterly basis. • Ad-Hoc project work around contractor management on site utilising white belt certified skills to develop a more effective contractor management process (14-week project completed), accountability for the transitioning of the full operational cost-based finance function to Site from the Corporate Office during 2013H1. • Accounting advice to various departments on accounting implications of activities, assisting with cost control and assisting with any other ad-hoc requests. • Assistance in providing rulings on CAPEX / OPEX related nature of proposed expenditure and preparation of Net Present Value calculations for proposed capital expenditure. • Preparation and review of various balance sheet reconciliations, calculation and interpretation of dollar / tonne reports for circulation to senior management. • Continuous focus on process improvement in finance department through a waste elimination mindset. • Month-end reporting including more complex processes for example calculation of inventory issues and valuations at month-end, monthly management accounts preparation, etc. Show less

    • Australia
    • Financial Services
    • 700 & Above Employee
    • Finance Manager
      • Mar 2010 - Sep 2011

      Finance Manager analysing divisional P&L and responsible for project accounting in respect of Macquarie Capital Principal investments:• Analysis and reporting to Senior Finance and Business Management of monthly divisional management P&L.• Preparation and presentation to Macquarie Executive Directors of certain Macquarie Legal Entity financial statements (general and specific purpose financial statements in accordance with IFRS and AASB).• Co-ordinator of Macquarie Capital subsidiary audit process (around 20 individual subsidiaries).• Analysing accounting implications of prospective investments in accordance with IFRS.• Advising Deal Team staff members on accounting implications of acquisitions and disposals.• Ongoing monthly accounting for Macquarie Capital Principal investments in accordance with IFRS.• Review of foreign currency exposure hedging as well as preparation of hedge documentation.• Performing Legal Entity Control tasks including preparation of income tax calculations, BAS (VAT) return calculations, foreign currency exposure management and liaising with Company Secretarial Services on other administrative matters.• Building on and maintaining strong professional networks with Deal Team staff and other key transactional staff such as Prudential, Business Management and Deal Management and other support services such as the Taxation department, Risk Management Group and Company Secretarial.• Managing three full-time staff members (qualified Chartered Accountants or soon to be qualified) with an emphasis on their career development coupled with a broader team focused approach. Show less

    • Business Unit Accountant
      • Jun 2007 - Mar 2010

      Divisional Financial Accountant analysing P&L and responsible for project accounting in respect of Macquarie Capital Principal investments • Same accountabilities as per FM position above (albeit in more of a preparer capacity). • Created new and innovative methods of performing day-to-day operations relating to month end reporting cycles.• Involvement in ad-hoc projects mainly in relation to major Group restructures that occurred in ’07 and ‘08.

    • Professional Services
    • 700 & Above Employee
    • Assistant Manager
      • Jan 2007 - Apr 2007

      Secondment to Amsterdam PwC during their “busy season”. Audit senior - audit engagement and agreed upon procedures:• Financial services statutory audit engagement (major listed insurance industry client) managing junior staff members, including skills transfer and training.• Detail agreed upon audit work performed on Initial Public Offering (IPO) submission documentation for a prospective IPO liaising directly with the engagement partner and client staff.

    • Audit Senior
      • Mar 2004 - Dec 2006

      Audit senior in charge of audit engagements and responsible for planning, execution and completion of audit field work:• Led engagement teams on audits managing up to 4 staff members, including skills transfer and training.• Partnered with key stakeholders for an efficient audit process displaying effective communication skills.• Focused on key risk audit areas during engagements, e.g. impairment consideration, revenue recognition, cut-off testing, etc.• Preparation of financial statements in accordance with IFRS, board audit reports and diverse agreed upon procedures.• Gained valuable experience in major listed and unlisted construction, manufacturing, agriculture, financial services and government clients. Show less

Education

  • University of Cape Town
    Accounting Professional Training (APT) diploma, Auditing
    2005 - 2005
  • Stellenbosch University/Universiteit Stellenbosch
    Bachelor of Commerce (Hons), Taxation, Financial Management, Auditing, Accounting
    2003 - 2003
  • Stellenbosch University/Universiteit Stellenbosch
    Bachelor of Commerce (B.Com.), Accounting and Finance
    1999 - 2001
  • South African Institute of Chartered Accountants
    CA(SA)
    2004 -

Community

You need to have a working account to view this content. Click here to join now