Added by CFO South Africa on February 26, 2014 at 17:55 — No Comments
Does a firm hire a Chief Information Officer or should IT and ERP-systems fall directly under line management? Building materials retailer Cashbuild has elected to put the responsibility squarely with each line executive and CFO Etienne Prowse says the company is reaping the benefits. “Even though IT implementation can get in the way of other tasks, we believe there is a huge advantage when the finance management is accountable for the automation.
Prowse knows what he is…Continue
Added by CFO South Africa on February 25, 2014 at 12:00 — No Comments
“My best contribution as a CFO is that I aim to develop leaders,” says Tanuja Naidoo, who has been in charge of finance at Transnet Pipelines since 2009. After turning around the finance department, she was recently tasked to do the same in procurement and risk management at their Durban headquarters. The key to every successful manager is investing time in people, she says. “That is something I live by. I lead by example.
Where most CFOs list IT-implementation, efficiency…Continue
Added by CFO South Africa on February 19, 2014 at 12:30 — No Comments
In finance, as in all games, respecting rules and having good players are the key to winning. That is Dario Drago’s take on his role as CFO at Novartis South Africa. The Italian moved to the Johannesburg offices of the pharmaceutical firm in March 2013 and has identified compliance and building capabilities as his main tasks.
“There are many challenges, but it is important to be focused and these are the biggest two,” Drago says. First of all is process controls and…Continue
Added by CFO South Africa on February 18, 2014 at 15:30 — No Comments
Liesl Tweedie knows all about courage, having stepped into the acting CFO position at Gijima, the listed South African IT-company that has been struggling lately. “Either you look like a star or you fail,” she says. “But I have always enjoyed a challenge and have often volunteered for difficult projects when I was working at ABB.” So it is no surprise that Tweedie believes that today’s young finance talents should possess “confidence and courage.”
“I feel there is often a…Continue
Added by CFO South Africa on February 17, 2014 at 11:30 — No Comments
Added by CFO South Africa on February 12, 2014 at 16:19 — No Comments
CFOs are dealing with “unprecedented uncertainty”, says Pierre Heistein, business analyst, economics instructor and regular columnist for Business Report. Heistein will be one of the speakers at CFO South Africa’s 13 March event ‘Get Smart in 2014’ and he is keen to address ways to tackle that uncertainty. “I especially want to look at what type of people you need to deal with this. There needs to be a rethink about how labour is used.”
Using examples from his own life, the…Continue
Added by CFO South Africa on February 11, 2014 at 11:35 — No Comments
Introducing the CFO Awards Jury
Delphine Maidou is CEO of Allianz Global Corporate & Specialty Africa, one of the largest and most renowned insurance and financial services providers in the world. Delphine is one of the 12 jury members who have committed to be on the jury for the CFO Awards 2014. Together with the other members of the jury she…
Added by CFO South Africa on February 5, 2014 at 17:00 — No Comments
Which CFO would not like to build their financial team, IT systems and processes up from scratch, not worrying about existing culture, equipment and other legacy issues? Daryl Edwards got the chance to do just that at Universal Coal and he is pretty excited about the result.
“It has been very interesting to say the least,” says Edwards, who previously worked in the automotive industry and most recently for Asenjo Energy, a Botswana based coal exploration and development…Continue
Added by CFO South Africa on February 4, 2014 at 16:00 — No Comments
Introducing the CFO Awards Jury
Rob Otty is Managing Director of Norton Rose Fulbright South Africa (Africa Law Firm of the Year 2012) and one of the first who committed to be on the jury for the CFO Awards 2014. Together with the other members of the jury he will decide on who will win one of the 7 prestigious CFO awards. The event will be held May 15 at the beautiful Summer Place…
Added by CFO South Africa on February 3, 2014 at 11:30 — No Comments