Schalk Engelbrecht

Finance Executive at Platinum Group Metals Ltd.
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Contact Information
Location
City of Johannesburg, Gauteng, South Africa, ZA
Languages
  • English Professional working proficiency
  • Afrikaans Full professional proficiency

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Experience

    • Canada
    • Mining
    • 1 - 100 Employee
    • Finance Executive
      • Jan 2022 - Present

    • Industrial Machinery Manufacturing
    • Independent Consultant
      • Oct 2019 - Dec 2021

      Time to give back.... Time to give back....

    • Group COO
      • Aug 2018 - Sep 2019

    • Acting COO
      • Jan 2017 - Aug 2018

    • Group Financial Manager
      • May 2013 - Aug 2018

      • Responsible for all financial matters related to Platinum Group Metals South African Operations.• Financial oversight for a recently completed R5bn mine construction programme.• Report directly to the Board on South African operations.• Established financial and administrative systems and processes.• Successfully implemented an ERP system for the South African group of companies.• Reporting for South African entities done up to annual financial statement level.• Co-ordinate, prepare and manage monthly management reporting processes and practises.• Liaise with external auditors.• Key member of the South African Executive team.• Project financing and due diligence experience.

    • South Africa
    • Mining
    • 700 & Above Employee
    • Senior Manager Finance
      • 2006 - Apr 2013

      • Responsible for all financial matters related to 2 x vertical shafts (Conventional and Mechanised Shafts) and 1 x opencast operations at Lonmin Platinum. Focus was mainly management accounting with extensive management reporting outputs.• Total operating cost budget of R2.0bn per annum.• Fulfil role of Lonmin Mining Division Champion for Contractor Management Processes.• Manage Mining Project Office that co-ordinates all mining related optimisation and improvement projects (About 80 projects with a combined value of R1.1bn in 2011).

    • Financial Manager
      • 2001 - 2005

      • Evaluation of potential projects and compilation of pre-feasibility studies.• Active participation and review of bankable feasibility studies.• Negotiation and liaison with commercial and merchant banks to secure project financing.• Efficiency analysis and recommend improvements to processes.• Manage preparation and compilation of annual on-mine business plan, ad hoc business plans and capital justifications and present to board of directors.• Preparation of group consolidated financial statements (listed company annual financial statements) and management accounts fully complaint with SA GAAP and/or IAS.• Compiling MD&A document for Canadian Regulatory Compliance.• Compilation of capital and operational budgets.• Responsible for tax matters and appointed group public officer.• Manage financial department which includes; Financial Accounting, Cost Accounting, Payroll, Procurement and Warehousing.• Maintain internal control environment for both financial and non-financial activities.• Cash flow forecasting and cash management.• Serve on on-mine executive committee.• Manage all legal filing and statutory returns.• Responsible for IT strategy and implementation.• Exposure to on-mine quality management system (ISO 9002).• Project management.• Risk management duties. • External and internal audit co-ordination.• Researched a number of performance management systems and started with implementation of components of balanced scorecard system.• Developed and implemented comprehensive mining production bonus system.

Education

  • University of the Free State/Universiteit van die Vrystaat
    Master of Business Administration (M.B.A.)
    2003 - 2005
  • University of South Africa/Universiteit van Suid-Afrika
    Bachelor’s Degree, Accounting and Business/Management
    1993 - 1996

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