Experience

Teichmann
• Germany
• 1 - 100 Employee
• Group CEO/CFO

  • Aug 2021 - Present

Development Finance Institution and Enterprise Development Fund
• Chief Financial Officer

  • Mar 2018 - Aug 2021


MTO Forestry Pty Ltd

• Group CFO

  • Jan 2016 - Feb 2018

  Responsible for the finance function and administration. The group has forests , sawmilling, trading and manufacturing plants. The business is in a process of transformation and modernisation with the changes to culture, processes and technology driving this. Responsible for the finance function and administration. The group has forests , sawmilling, trading and manufacturing plants. The business is in a process of transformation and modernisation with the changes to culture, processes and technology driving this.



Dangote Cement

• Nigeria
• International Trade and Development
• 1 - 100 Employee

• Regional CFO

  • Nov 2014 - Dec 2015

  Regional CFO for South Africa, Zambia, Tanzania, Ethiopia, Kenya, Mozambique and Madagascar. South African plants were commissioned in 2013 and 2014, Zambia and Ethiopia in 2015, Tanzania to be completed in 2015 and Kenya as well as expansions in Zambia and Ethiopia to commence in 2015. Implementation of SAP, establishment of finance and IT departments, company secretarial, tax and treasury responsibility. Regional CFO for South Africa, Zambia, Tanzania, Ethiopia, Kenya, Mozambique and Madagascar. South African plants were commissioned in 2013 and 2014, Zambia and Ethiopia in 2015, Tanzania to be completed in 2015 and Kenya as well as expansions in Zambia and Ethiopia to commence in 2015. Implementation of SAP, establishment of finance and IT departments, company secretarial, tax and treasury responsibility.



Self employed

• Real Estate
• 1 - 100 Employee

• Consultant

  • Aug 2014 - Oct 2014

  Consulted and managed organisational redesign and allied administration, tax and legal restructuring for group with operations in various African countries. Management and financial consulting for other companies. Consulted and managed organisational redesign and allied administration, tax and legal restructuring for group with operations in various African countries. Management and financial consulting for other companies.



Protech Khuthele Holdings Limited

• Chief Executive Officer and Chief Financial Officer

  • May 2014 - Jul 2014

  Responsible for finance and IT, including statutory and legal and compliance with JSE rules. General management of the group and liaison with the board of directors, business rescue practitioner and liquidators. I was approached to join the group to strengthen the financial and management functions. Unfortunately the financial situation was more severe than the board had been made aware of, and the group was placed in business rescue and liquidated as financing was not obtained due to the securities which had been provided previously to the bank. Cost reduction programs and improved controls and planning were implemented to improve the performance of the operations and net cash flows, which became neutral. Extensive time was used with regulatory issues (JSE etc), liaison with external audit and with external stakeholders (investors, press etc).

• Chief Financial Officer

  • Feb 2012 - Apr 2014

  Responsible for finance, treasury, tax, IT, legal, HR and Supply Chain for the group in SA and sub-Saharan Africa, Zambia, Namibia, DRC, Angola, Mozambique, Mauritius. Implemented processes for reporting, purchasing, cash management and HR and formulated policies for the businesses, including employment policies. Reviewed structures of on and offshore businesses and updated prior year statutory obligations to current, particularly with necessary corrections to and preparation of financials. Focused on staff development and retention (reduced staff turnover substantially and proposed revised compensation and benefits structures) and revised recruitment and compensation processes. Improved cash management and cash optimisation.



Lafarge Cement Zambia Plc

• 1 - 100 Employee

• Chief Financial Officer Zambia and SE Africa

  • Jan 2007 - Dec 2011

  Managed the finance, IT, legal and administration, treasury and tax and financing (bond and loan for new plant), internal audit functions and was a member of the board (listed company), and audit committee attendee. Initiated new process of engagement with stakeholders , particularly shareholders and investors , within the constraints on listed entity restrictions. Co-ordinated financing of new plant, introduced new IT and control processess (Sarbanes-Oxley compliant) and business focused reporting. Focused on development of people and co-ordination between functions to achieve a commercial approach to the business. During this period responsibility for the Malawi and Zimbabwe finance, IT and audit functions remained with me. Chaired audit committees in Zimbabwe, Malawi and Tanzania and was a member of these boards and Zambia's.



Lafarge South East Africa

• Chief Financial Officer

  • Jan 2002 - Dec 2006

  Managed financial , legal, IT, audit and purchasing functions in Zambia, Zimbabwe, Malawi and Tanzania. Implemented standard ERP systems across the countries, with workflow, and modern reporting ; revised tax and treasury management (debt reduced/eliminated) , particularly in Zimbabwe (hyperinflation and currency crisis). Implemented professional, value adding internal audit functions and focused on staff development. This included compliance with Sarbanes-Oxley and European equivalent requirements. The companies were heavily geared and attention was given to change the management of costs and cash to achieve acceptable returns and reduce and eliminate borrowings. Implemented programs to ensure survival of the Zimbabwe business during the period of hyperinflation and forex shortages. Implemented preferred supplier methodology and purchasing controls - reduced supplier base and costs while benefitting from favourable terms. Negotiated incentives and agreements with governments/government agencies for planned investments, particularly new plant in Zambia. Arranged cost-effective financing for operations, particularly for the new plant in Zambia where the local bond issue was the largest which had been concluded in Zambia. Revised reporting - received awards for published Annual Reports in Zambia and Zimbabwe.



South African Breweries

• South Africa
• Food and Beverage Services
• 700 & Above Employee

• FMCG - beverages

  • Dec 1994 - Dec 2001

  Financial manager central office and financial manager Isando Region. Responsible for financial reporting, tax, front office treasury, internal audit and administration. Implemented SAP - pilot site for financials and HR and was executive sponsor for HR implementation. Implemented control self-assessment for depots so improve internal control environment. Upskilled IT knowledge - achieved highest scores for use and maintenance of depot, sales and aligned IT systems. Assisted sales and operations management to focus on commercial aspects such as maximising profitability by product and streamlined reporting. Was finance expert on owner-driver and inter-depot review project which changed the practice and finance parameters for these outsourced programs. Managed staff development and appraisal process - received award for staff development. Revised tax planning to optimise method used for donations and sponsorships.



Highveld Steel and Vanadium Corporation

• South Africa
• Real Estate
• 1 - 100 Employee

• Financial Manager

  • May 1992 - Nov 1994

  Responsible for financial management of Columbus Stainless manufacturing, technical and marketing operations with focus on maximising profitability and cash flow in preparation for the construction of the new plant. Transferred to Highveld where I was responsible for the finance function for the steel works, which included the iron ore/ vanadium mine. Conducted the financial due diligence for the acquisition of Transvaal Alloys and investigated the implementation of a new ERP and forecasting system. Initiated review of ERP and budgeting system for upgrade to more appropriate software. Implemented monthly plant rolling forecasts.



Frame Textiles

• India
• Textile Manufacturing

• Financial Manager

  • May 1988 - May 1992

  Initial role was project accountant responsible for correcting the financial records after the group restructure, in particular the asset registers, tax management and costing systems. Moved into financial accountant role responsible for monthly processing of transactions, reporting, tax and treasury, and to financial manager of the apparel company and to financial manager for the textile division where procurement reported to me. Implemented systems and processes to modernise the finance function and improve cost reporting and controls , forecasting and cash and tax management. Focused on staff development and restructure of the various departments to eliminate repetitive manual processes and shorten the time periods for recording and reporting. Finance staff complement was reduced and reporting deadlines were reduced. prepared presentations to prospective investors, financiers and banks , particularly where the group was under cash constraints and funders required regular detailed updates.



Price Waterhouse

• United States
• Accounting
• 1 - 100 Employee

• Audit Senior

  • Dec 1982 - Aug 1987

  Articles of clerkship, suspended during compulsory national service. Articles of clerkship, suspended during compulsory national service.