Jonathan Blumberg

COO and CFO at EA Capital ( Pty ) Ltd
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Contact Information
us****@****om
(386) 825-5501
Location
City of Cape Town, Western Cape, South Africa, ZA

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Experience

    • South Africa
    • Financial Services
    • 1 - 100 Employee
    • COO and CFO
      • Oct 2021 - Present

      Head operations and finance for the financial services & blockchain technology intermediary startup firm. Led the establishing of underlying systems, processes, legal and compliance elements. Serve as a Representative on EAC’s FSCA license. Head operations and finance for the financial services & blockchain technology intermediary startup firm. Led the establishing of underlying systems, processes, legal and compliance elements. Serve as a Representative on EAC’s FSCA license.

    • South Africa
    • Gambling Facilities and Casinos
    • 1 - 100 Employee
    • Financial Manager
      • 2018 - 2020

      Managed the finance and accounting department and served as a partner to the CEO and senior management – providing data and analysis to inform decision making. Responsibilities spanned from compiling information to delivery of financial reports to the Exco, managing tax for all countries and thus maintaining compliance. Notes: ★ Turnaround of the Department • Took over a department that was backlogged and in disarray. Identified and prioritised issues, formulated a plan to resolve, mobilised support and organised the team to get things up-to-date. ★ Innovative Spend Tracking Tools • Built a reporting model to project spending on marketing VS actual revenue growth across all regions; and a spending tracker showing weekly spend VS actual resulting revenue. Metrics and tools covered Ghana, Zambia, Kenya and South Africa. ★ Rapidly Learning a New Industry, Working with CEO • Rapidly learned the online gaming industry and associated ecommerce and online marketing business models and worked closely with the CEO in providing projections. Show less

    • South Africa
    • Security and Investigations
    • 700 & Above Employee
    • Management Accountant
      • 2013 - 2018

      Carried accountability for reporting and forecasting for the R220m annual turnover region. Special contributions included transforming a loss making region into a profitable one through identifying cost savings, bad sales, poor contracts. Notes: ★ Producing Critical Financial Information for the Region • Compiled the monthly reporting pack for the GM, prepared annual budgets for the region (including all costs, revenue, cost savings, and new efficiencies). Produced business and trends analysis, identified variances from budget to inform GM. • Created business cases to show viability of new business operations, processes and investment in new assets and personnel. ★ Pivotal in Reducing Costs, Raising Profitability • Played a pivotal role in reducing costs and raising profitability – identified waste, reviewed contracts, uncovered excess spending, recommended replacement of costly / older vehicles, optimised reports and processes. Show less

  • Millenium Socks
    • Cape Town Area, South Africa
    • Financial Controller
      • 2012 - 2012

      Worked as a partner to the GM of the R30m turnover sock manufacturing business (subsidiary of Corvest Private Equity). Developed business plans, monitored spending, provided analysis of operations, managed cash flow and monitored daily production. Consolidated 2 factories into 1, while achieving the same output – but with reduced transport costs, lower production costs, lower headcount and logistics costs. Worked as a partner to the GM of the R30m turnover sock manufacturing business (subsidiary of Corvest Private Equity). Developed business plans, monitored spending, provided analysis of operations, managed cash flow and monitored daily production. Consolidated 2 factories into 1, while achieving the same output – but with reduced transport costs, lower production costs, lower headcount and logistics costs.

    • United States
    • Manufacturing
    • 700 & Above Employee
    • Management Accountant
      • 2008 - 2011

      Played a lead finance and accounting role for the AUD30m per annum Systems Division (Pall Inc. is a Nasdaq listed company). Managed monthly reporting for divisional performance against targets, prepared annual budgets and monitored overall costs in line with business activities. Notes: ★ New Tools, New SAP System, Warehouse Restructure, Streamlining • Key contributions included creating & implementing reporting tools to track project spending; implementing a new SAP integrated system; standardizing financial reports; restructuring warehousing for lower inventory holdings; and streamlined operations and logistics (pertaining to inter-company transactions). Show less

    • Germany
    • Software Development
    • 700 & Above Employee
    • Management Accountant
      • 2004 - 2008

      Served within the AUD350m Automotive Electronics division. Key contributions included driving continuous improvement in internal reporting to better cast light on monthly results, providing graphics and detail to illustrate and explain variances. Served within the AUD350m Automotive Electronics division. Key contributions included driving continuous improvement in internal reporting to better cast light on monthly results, providing graphics and detail to illustrate and explain variances.

    • Biotechnology Research
    • 200 - 300 Employee
    • Cost & Management Accountant
      • 2001 - 2004

    • Australia
    • Wholesale Import and Export
    • 100 - 200 Employee
    • Cost Accountant
      • 1999 - 2000

  • Raglin Footwear
    • Cape Town Area, South Africa
    • Financial Manager
      • 1997 - 1999

  • Milner & Partners Chartered Accountants
    • Cape Town Area, South Africa
    • Articled Clerk | Audit & Accounting Trainee
      • 1993 - 1997

Education

  • The Chartered Institute of Management Accountants
    CIMA Certified Management Accountant
  • CPA Australia Program
    Certfied Public Accountant (CPA) Australia
  • University of the Witwatersrand
    BComm Accounting & Economics
  • Greenside High School

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