January 2012 Articles (10)

Mark Godfrey - CFO Spar Group: "Knowledge is quickly gained but wisdom takes time and experience"

“Personally, I believe that as financial professionals we have the real “story” of the business before us in the numbers.” Says Mark Godfrey, CFO of Spar Group since 2010. He calls himself ‘a classical accountant’ with a genuine interest in numbers, trends and relationships, and to analyze how these tell the story of the business.  

He obtained a B.COM CTA from the University of Port Elizabeth, and then served articles with Ernst & Young. After qualifying as a CA(SA) at…


Added by CFO South Africa on January 31, 2012 at 11:00 — No Comments

Jo Pohl - CFO Ubank: "CFO needs to adapt a far more pro-active and predictive approach"

Ubank (previously Teba Bank) appointed Jo-Ann Pohl to its Board as Chief Financial Officer in June 2007. Prior to her appointment, Jo – as she prefers to be called – who is a qualified chartered accountant was at Barclays Africa where she began as a Corporate Merchant Banking and Treasury Performance Consultant for Africa and the Middle East and then moved back into finance as a Regional Financial Controller before being promoted to Head of Finance for the Pan-African business. Ubank is the…


Added by CFO South Africa on January 30, 2012 at 11:00 — No Comments

Do you have your cash flow under control?

The REL Working Capital Performance Study is open until February 1, 2012 at no cost to participants (late entries can be allowed if requested). Obtain critical insights to achieve success in 2012 by completing the Working Capital Performance Study today. http://www.relconsultancy.com/studies/2012/relwc12q1-hpn/

Added by Jonas Schofer on January 26, 2012 at 13:13 — No Comments

5 Tips for your first 90 days as CFO

Starting 2012 with a job as Financial Director? Well done! Since you only get one chance to make a good impression and given the fact that a CFO on average lasts only five years, there really is no time to waste. CFO South Africa provides you with 5 golden tips for a perfect start of your new career.

Tip 1: Find an ally!

As the new CFO it is crucial to get to know the finance team as soon as possible. However, you simply cannot be everywhere at the same time…


Added by CFO South Africa on January 25, 2012 at 9:00 — No Comments

5 Questions every CEO and CFO should be asking – and getting the right answers to

As the CEO or CFO, you need to keep your fingers on the driving pulse of your business. There are for simplicity sake, we believe, 5 important questions you need to ask yourself on a regular basis. More importantly you need to get the right answers every time.

What are the 5 questions?

  1. Do I have or can I raise the right type of financial resources for my business?
  2. Are my plans and forecasts realistic and achievable?
  3. What are the…

Added by CFO South Africa on January 24, 2012 at 10:30 — No Comments

Wayne van Houten - CFO Esorfranki: "Work hard, believe in yourself and be patient"

Information technology will form an important part of the future role of the CFO in South Africa. That is what Wayne van Houten, CFO of Esorfranki, replies when asked how the role of the CFO of the future will change over the next decade. “Use of information technology for financial reporting, compliance and market intelligence will also play a greater role and will bring enhanced efficiency into our business environment.”

Esorfranki’s CFO since 2008 studied at WITS University,…


Added by CFO South Africa on January 23, 2012 at 9:30 — No Comments

Vodacom appoints chief financial officer

In accordance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised that Mr Ivan Dittrich (BComm Accting Honours, CTA, CA(SA)) has been appointed as Chief Financial Officer and executive director of Vodacom Group. He is expected to join the Group on or about 1 July 2012.

Ivan joins the Group from Datatec where he has been the chief financial officer since May 2008 and executive director on the board of Datatec since March 2008. Prior to…


Added by CFO South Africa on January 18, 2012 at 11:30 — No Comments

Global CFOs face tough balancing act investing across both developed and rapid-growth markets

Few CFOs think their company is effective at managing investments across markets with significantly different growth rates according to a new Ernst & Young report launched this week. Most also lack confidence in communicating this investment balance across divergent markets to the investor community. In a survey of over 750 CFOs world-wide, two thirds replied that they do not believe their organization is good at balancing resource allocation between developed and rapid-growth markets. A…


Added by CFO South Africa on January 18, 2012 at 9:00 — No Comments

Van Zyl Botha - CFO Randgold & Exploration: "South Africa does not seize its opportunities"

“Africa is full of opportunities and although South African companies are best located to do so, we are not seizing those opportunities.” Van Zyl Botha (31) is one of the youngest CFOs we had the pleasure of interviewing. Despite his young age, he has a great vision on how a modern CFO should ensure the long term financial sustainability of an enterprise.


After qualifying as a chartered accountant, Van Zyl founded a financial consulting firm called FinFive Inc. focused on the…


Added by CFO South Africa on January 17, 2012 at 9:30 — No Comments

Trevor Scott – CFO Chrometco: "The chance of meeting challenges"

“Bob Skinstad is a fantastic role model for South Africans as he has such a refreshing attitude and positive outlook to life.” We are listening to Trevor Scott, CFO of Chrometco, a JSE-listed company Trevor joined in 2005. 

Chrometco Limited is a minerals and commodities exploration company listed on the JSE Limited with prospects in North West Province in South Africa and Likasi Province in the Democratic Republic of the Congo (DRC). Its main business focus is to identify, assess,…


Added by CFO South Africa on January 3, 2012 at 10:00 — No Comments

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