Chief Financial Officer
Acsion Limited
Total des années d'expérience :26 years, 4 Mois
Serving on the main board of directors of Acsion Limited, a Johannesburg Stock Exchange listed company, as well as all the subsidiaries in the group. (www.acsionsa.co.za)
Responsible for the restructuring and forming of a group of companies and ultimately listing on the Johannesburg Stock Exchange.
Raising debt or equity finance for new developments from institutional investors or financing houses.
Supporting the CEO in executing the strategy of the company by financial analysis of capital projects.
Ensure reporting is IFRS compliant and overseeing of the annual audit.
Overseeing the full financial function comprising 11 people including IFRS reporting, integrated reporting, statutory reporting and management reporting.
Strong operational influence across the business managing cash flows and maximising returns on new developments and existing property portfolio.
Preparation of all budgets used for results forecasting/presentation and internal management of the entire property portfolio.
Responsible for Information technology across the business.
Authorized media spokesperson for Acsion Limited.
Overseeing the largest client portfolio of the entire management team with strong emphasis on property companies.
Chair Person of Managers Team
R5m to R50m turnover) clients advising on and providing solutions to:
Financing and structuring of new business ventures through different legal entities and tax implications thereof
Investments for expansion & security purposes and related tax implications thereof
Risk aspects regarding business continuance
Business owners / directors estate planning & investments
Financial analysis of financial portfolios inclusive of tax restruscturing.
Recommendations regarding the appropriateness and choice of financial products to achieve financial objectives taking into account personal risk profiles.
Explained various financing options to business clients.
Constructed budgets / cash flow for clients depending on their preferred financing option.
STANLIB (Previously SCMB asset management, part of the Standard Bank of South Africa)
Head Linked Investment Services Platform
Overseeing investment administration team of 45 individuals for administration functions attributable to investment book of R4.5bn
Restructuring of business procedures
Redesign of business processes and internal controls
Enhancement of processing efficiency
Core- & Supporting systems development
Implementing specialized administration platform for top tier investment advisors.
Researching listed equities in the Property, Transport and Construction sectors on JSE
Meeting with respective executive teams
Chairing research meetings between management teams and portfolio managers
Making investment recommendations to portfolio managers through presentations / written articles
Introduction and standardization of cash flow evaluation models for all equities analyst across all sectors
General audit - Construction, Insurance, Information Technology, Mining and Property industries.
Detailed understanding and application of taxation laws in South Africa. Good understanding of the OECD international tax treaty and the application of Double Taxation Agreements between countries.
Admission as Chartered Accountant (South Africa). (Marks are not disclosed - merely a Pass/ Fail)
B.Com.Hons(Accounting) that is required to obtain the Chartered Accountant (CA(SA)) designation in South Africa. Detailed understanding of all the respected fields mentioned and the interaction of these fields with one another. Detailed IFRS knowledge, capital and debt markets, valuation methodologies, audit methodologies, taxation calculations and many more.
Three year degree with many subjects passed in excess of 70% of the course of the degree.
Matriculation. Prefect in final year. Athlete at the South African Junior Championships. Rugby and Cricket Player.