Experience

Drake International South Africa

• South Africa
• Staffing and Recruiting
• 1 - 100 Employee

• Chief Financial Officer

  • Aug 2016 - Present



Buzz Trading 104

• South Africa
• Plastics Manufacturing
• 1 - 100 Employee

• Head of Finance

  • May 2014 - Aug 2016

  SA Leisure (plastic manufacturer - blow moulding and injections moulding). The manufacturing plant is therefore the integral part of the business. I developed procedures in the manufacturing and warehousing environment that minimum losses would occur. Some products could be manufactured using “regrind” material at a fraction of the cost when compared to using “virgin” material. This development was an integral part of the business development as the margin for these specific items would be higher and improve the profitability of the business as a whole. Implementation of policies and procedures in the manufacturing plant and warehouse was my responsibility. I was also tasked to identify all the weaknesses with the environment and improve them respectively. Procedures were improved and redesigned for the manufacturing plant (including the WIP process) and the warehouse and distribution. There was an immediate improvement. Implementation of monthly inventory counts was one of my projects that I managed successfully as well. Another project I managed was the overhead cost vs budgets to ensure that costs were not exceeded. Due to the financial position of the company there were discussions and planning of a merger and acquisition. A due diligence was conducted which I managed the process and coordinated. Other responsibilities • Reviewing and analyzing all Cost of Sales accounts • Analysing Work In Progress • Investigate variance between actual vs Budget • Monthly review of stock on hand • Cost accounting • Logistics-understanding the function • Implementing systems and processes throughout the business and ensure that they are followed. • Understanding the entire warehousing and manufacturing function in all locations • Responsible cost savings/Cutting costs



Fotocats (Pty) Ltd

• Head of Finance

  • Apr 2012 - Apr 2014

  Fotocats (Pty) Ltd is an electronic retail company comprising of 8 retail stores. Performed a number of feasibility studies with regard to whether or not to enter in new or extend lease agreements. There were little controls and procedures in place. It was my project to design policies and procedures for all staff in all areas of the company to follow. Since this is a retail environment a great amount of interaction was needed with sales staff. All procedures and policies were implemented and followed. Converting two of the retail stores into Samsung Brand Stores – responsible for the costing, feasibility, forecasts, negotiations, liaising with landlords and planning. Monthly management pack was presented and prepared to the directors. This included monthly performance vs budget (including explanations for all variances) all the relevant ratios were included i.e. ROI, Asset:Liabilty, Inventory, turnover, etc. Employee stats and provident and pension fund performances was also included. Other responsibilities included: • Monthly accounts • Cash Flow Management • Budgeting process • Stock management • Local purchases • Annual audit • System Implementation • Salaries • Taxation • Insurance • Cost saving initiatives • Managing Accounts; HR and IT Departments • Legal issues • Other (SA Statistics returns; Compensation commissioner returns; SABS returns) Fotocats also owned a PROPERTY portfolio Financial responsibilities • Monthly accounts • Preparing portfolio schedules • Cash Flow Management • Annual Audit • Taxation



DIREKSHINZ (PTY) LTD

• Head of Finance and Operations

  • Sep 2009 - Mar 2012

  As Direkshinz being an importer of home products there was a constant need to develop the business and save costs. Strategic thinking and planning was done through cost projections and increase in earnings with a holistic approach. Due to an importing environment I was always developing and monitoring the forward exchange contracts due to the fluctuations in the Rand. There was a requirement for the company to lease a bigger warehouse (from 3000 sqaure metres to 6000 square metres). I sourced, planned and relocated the project with great success. Monthly management pack was presented and prepared to the directors. This included monthly performance vs budget (including explanations for all variances) all the relevant ratios were included i.e. ROI, Asset:Liabilty, Inventory, turnover, etc. Employee stats and provident and pension fund performances was also included. Other responsibilities: • Monthly accounts:- • Cash Flow Management • Company Pension Fund • Budgeting process • Stock management • Local purchases • Overseas purchases • Forex management • Annual audit • Sales / Orders • System Implementation • Salaries • Taxation • Insurance • Cost saving initiatives • Managing Accounts; HR and IT Departments • Legal issues • Other (SA Statistics returns; Compensation commissioner returns; SABS returns) Operational responsibilities • Logistics • Shipping • Warehousing • Accounts department • IT department • Cost saving initiatives The company also owned LONG TERM INVESTMENT ENTITIES (Company & Trust) Financial responsibilities • Monthly accounts • Investment research • Cash flow management • Annual audit • Taxation



ABSA Capital

• Senior Financial Analyst

  • Feb 2007 - Sep 2009

  As a Senior Financial Analyst reporting into Barclays on a daily basis my work included travel to London to the head office in order to gain, train and implement their systems in South Africa. Deadlines were met and Barclays completed their consolidation reporting in time aligned with their international standard of reporting. Developed the MIS team and incorporated this with the entire business as a whole. The business development for ABSA Capital was an integral part of their growth and reporting requirements to Barclays Capital in London. Implementation and management of the MIS Barclays system project into South Africa was successful. Packs for Exco were prepared highlighting all the various business areas and their individual performance to the bank as a whole. All information was always compared to budget and variance explanations were supplied. Comparisons to prior year was also always included to identify the growth or not in that specific area. All packs included graphs to highlight all the information that was presented. Other responsibilities: • Review of daily P & L and distribution to EXCO members and management • Preparation of Fincom papers (monthly) • Segment reporting for ABSA Capital (including calculation of ROE, current ratio, income ratio, etc) • Sales credit reporting • Key risk indicators with regards to the traders • Weekly and monthly commentary on all trading areas • 2 x Junior Financial Analysts reporting into me



Moore Stephens MWM

• Associate

  • Jun 2005 - Jan 2007

  • Consulting current and new clients with respect to taxation, restructuring and financial advice • Performing normal senior audit manager functions • Management and training of all the audit staff • Due diligences • Company valuation • Roll out of a mentorship programme • Mentor for a number of trainee accountants • Quality control • Assessment of trainee accountants • Consulting FD’s and FM on a number of business issues as well as taxation structures • Consulting FD’s on policies and procedures as well as identifying and designing company procedures • Approximately 45 staff member reporting into me as well as managing them • Managing accounting staff (5 individuals)



Nkonki Inc. – Sunninghill

• Senior Manager and TOPP Manager

  • Jan 2004 - Jun 2005

  • Consulting new and existing ATO’s who have got an accredited TOPP program. • Co-ordinate and run study schools, academic interventions, coaches and mentors workshops as well as competency assessments. • Performing audit managerial functions. • Clients audited / Consulted • Metropolitan Life. • Tsogo Sun (Montecasino) • Tusk Resorts • South African Post Office • Industrial Development Corporation (IDC) • Standard Bank • Telkom • Nedcor • Telecommunication facilities management company (TFMC) • Barloworld • Consulting a number of FD’s and FM with regards to business policies and procedures • Designing procedures for FD’s in order to improve the company’s business environment. • Managing staff members as well as PA’s



Damelin Education Group – Braamfontein

• Lecturer for B.Com (Accounting) – 2nd and 3rd year students

  • Mar 2003 - Dec 2003

  • Lecturing second and third year students in: Financial accounting 2 and 3. Auditing 2 and 3. • Taxation 2 • Lecturing second and third year students in: Financial accounting 2 and 3. Auditing 2 and 3. • Taxation 2



Horwath Leverton Boner

• Audit clerk (4 years) and Audit Manager (1½ years)

  • Jan 1998 - Mar 2003

  • Audit supervisor, drafting financials and managing audits and a number of audit staff at one time • Accounting programs dealt with –Caseware, Pastel, AccPac, VIP (salaries package). • Fields audited Retail. Construction. Finance. Manufacturing. Trusts. Close Corporations. Listed companies. • Private companies • Audit supervisor, drafting financials and managing audits and a number of audit staff at one time • Accounting programs dealt with –Caseware, Pastel, AccPac, VIP (salaries package). • Fields audited Retail. Construction. Finance. Manufacturing. Trusts. Close Corporations. Listed companies. • Private companies