Experience

Growth Ten

• South Africa
• Investment Management
• 1 - 100 Employee

• Chief Financial Officer

  • Nov 2022 - Present

  Growth Ten is the proud holding company of Richfield Graduate Institute of Technology and the AAA School of Advertising, both of which are leading higher education institutions with 30 years' experience in educating future generations. Growth Ten is the proud holding company of Richfield Graduate Institute of Technology and the AAA School of Advertising, both of which are leading higher education institutions with 30 years' experience in educating future generations.



Motsepe Group of Companies

• Chief Financial Officer

  • Jul 2020 - Oct 2022

  OVERVIEW The Motsepe Group houses all Investments of Dr Patrice Motsepe and his family's assets. It includes investments in African Rainbow Minerals, African Rainbow Energy & Power, African Rainbow Capital, Motsepe Foundation, Mamelodi Sundowns Football Club, and various other companies. Report to the Chairman, Dr Motsepe, and oversee two direct reports (Group Financial Manager and Group Reporting and Tax Manager) and 10 indirect reports. Receipt of dividends and oversee treasury and controls around payments, investments and expenditure. Collaborate with the various stakeholders, including Trustees, Shareholders, Directors, External Auditors, Legal Counsel, Bankers on all finance-related matters, and all employees working for companies in the Group. Responsible for looking after the Company's fund investment matters like Breakthrough Energy Ventures – Bill Gates Clean Energy fund, SARB approvals, Companies Act, Actual payment instruction review, review quarterly reports. Invitee on Investment Committee, Board Meetings, Audit Committee and control funding into the African Rainbow Energy and Power Company. KEY SKILLS Chief financial Officer CFO Auditing Internal audits Taxation Management Internal auditor Financial controller Financial manager Private equity Tax accounting Debt restructuring Financial modelling Financial mergers Company mergers Acquisitions Corporate Governance Risk Management Cash flow management Financial Control Financial Reporting Show less



Bravo Brands

• South Africa
• Wholesale
• 1 - 100 Employee

• Chief Financial Officer

  • Jan 2018 - Jun 2020

  OVERVIEW Bravo Group is Africa's largest (ZAR2B pa) private equity-owned sleep and lounge product manufacturer of international brands including Sealy and La-Z-Boy. Report to Group CEO and Board and had close relationships with Shareholders and the Group Chairman. Managed seven direct (2 Divisional Financial Directors, Group Financial Manager, Payroll Manager, HR Manager, IT Manager, Internal Audit Manager), and 65 indirect reports. Collaborate with the Group CEO on all group-related matters, including guidance to divisional management to improve and manage profitability. Manage relations with external stakeholders including bankers and the external audit team. Question the status quo in the Group and influence the strategic direction and structure. Oversee the financial functions and provide a business strategy for the Board. NOTABLE ACCOMPLISHMENTS • Generated ZAR40M cashflow via better working capital management. • Restructured the finance team, made it more efficient and improved performance. • Appointed a new CEO and CFO for the Lounge Division, turned it around, made it profitable. • Restructured ZAR450M in debt for the business. • Head of IT Steering Committee. KEY SKILLS Chief financial Officer CFO Auditing Internal audits Taxation Management Internal auditor Financial controller Financial manager Private equity Tax accounting Debt restructuring Financial modelling Financial mergers Company mergers Acquisitions Corporate Governance Risk Management Cash flow management Financial Control Financial Reporting Show less



Thorburn Security Solutions (Pty) Ltd

• South Africa
• Security and Investigations
• 300 - 400 Employee

• Financial Director

  • Dec 2015 - Nov 2017

  OVERVIEW Tsebo Group (annual turnover ZAR7B), is a Private Equity Owned Facilities Management and service provider. Thornburn Security Solutions is a subsidiary of Tsebo Solutions with an annual turnover of ZAR830M. Reported to Group CFO and Divisional CEO with three direct (Group Financial Manager, Group Reporting Manager, Payroll Manager) and 18 indirect reports. Supported the CEO and operational management to improve profitability. Actively drove synergies with new acquisitions, designed the structure for further expansion through local and international, organic and acquisitive growth. Directed division financial functions and provided financial strategy for the Board and the EXCO Group. NOTABLE ACCOMPLISHMENTS • Implemented new ERP and Business Intelligence systems, generated information to ascertain contract profitability. • Integrated new acquisitions and turned the cash flow around in six months going from negative to positive. • Designed and implemented tools to improve operational profitability, business intelligence, biometric readers and fleet management reports. • Integrated five legal entities into a tax-efficient structure with transfer pricing between Group and the division, reduced costs and administrative requirements. • Centralised three financial departments, cutting the reporting period in half and improved accuracy and controls. • Generated cost savings, improved control and information management by integrating payrolls and departments into one central payroll department. Show less



Tsebo Solutions Group

• South Africa
• Facilities Services
• 700 & Above Employee

• Group Financial Manager

  • May 2009 - Nov 2015

  OVERVIEW Report directly to Group CFO with three direct (Group Accountant, Group Internal Audit Manager, Group Payroll Manager), and 3 indirect reports. Reported the Group's monthly management accounts, budgets, forecasts, annual financial statements to the Board of Directors, the executive committee, shareholders, and banks. Ensured effective internal financial management within the Group, compliance to IFRS, forecasting, cash management and treasury functions. NOTABLE ACCOMPLISHMENTS • Implemented a tax incentive that saved ZAR20M per annum. • Enhanced reporting and control standards reduced external audit findings to "no material items". • Identified crucial financial team members, supported their eventual promotion to Financial Director level. Show less



Plascon

• South Africa
• Chemical Manufacturing
• 1 - 100 Employee

• Financial Executive

  • 2008 - 2009

  Plascon is a leading paint manufacturer and distributor. Reported directly to the Plascon Financial Director with six direct reports and 32 Indirect reports. Responsible for the overall performance of Accounting, Costing, Financial Management and Financial Reporting functions of the Finance Department. Directed the activities of the department to ensure timely and accurate financial reporting and was responsible for implementing and maintaining a robust system of internal controls. Enforced adherence to all aspects of tax law and other legislation applicable to the company and managed insurance-related issues. • Coach managers and putting structures in place to ensure efficient succession planning; and • Communicate with and build sound relationships with managers, executives and directors throughout the company, the Head Office and with suppliers. Show less



Barloworld Limited

• South Africa
• Machinery Manufacturing
• 200 - 300 Employee

• Senior Internal Auditor

  • 2003 - 2008

  OVERVIEW Ensured that adequate quality assurance processes were in place for the allocated Divisions. Took part in operational issues, the planning and development of timetables, reporting and risk management processes. Drafted and presented reports to audit committees. NOTABLE ACCOMPLISHMENTS • Transformed internal audits into a value-adding division, with an active ‘buy-in’ from the management; and • Augmented internal audit standards, resulting in an improved control environment. Show less



BHP

• 1 - 100 Employee

• Senior Internal Auditor

  • 2001 - 2002

  At BHP, I had just started out. Nevertheless, I supervised, planned and performed risk-based operational, financial and compliance audits in local and international operations. I oversaw various business processes/areas, performed audits in South Africa, Holland, Singapore, Mozambique and Australia and acted as a specialist auditor for the marketing and treasury departments. At BHP, I had just started out. Nevertheless, I supervised, planned and performed risk-based operational, financial and compliance audits in local and international operations. I oversaw various business processes/areas, performed audits in South Africa, Holland, Singapore, Mozambique and Australia and acted as a specialist auditor for the marketing and treasury departments.


HLB Prangleys
• Trainee Accountant / Junior Manager

  • 1996 - 2001