March 2013 Articles (23)

CFO South Africa Newsletter March 29th 2013

March 14 CFO South Africa Event huge success

During a successful round table discussion at the Maslow Hotel in Sandton on March 14th among others the CFOs of Olam, Jasco, Metmar, SITA, Standard Chartered Bank, African Bank shared their experiences and discussed common challenges in the modern South African business world.  The CFO round table is a unique platform for Chief Financial Officers (CFOs) from top performing companies only to share their…

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Added by Alex van Groningen (CFO SA) on March 29, 2013 at 9:30 — No Comments

DJ Kumbula, CEO InnoVent: “Better rates than the bank or own cash”

(On the right picture starting from the left Melle Eijckelhoff, Director CFO South Africa and DJ Kumbula, CEO InnoVent)

“We can prove to any bank or corporation that InnoVent can give them a better rate than they can fund themselves at.” At the end of the remarkable story of InnoVent, DJ Kumbula does not hold back. He is convinced that his asset leasing and management company provides a service that beats purchasing equipment by…

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Added by CFO South Africa on March 26, 2013 at 18:00 — No Comments

Jacqui Freeman, Tertia Barrett and Christy Roux (CQS): growing through close relationships

 

From left to right on the picture: Alex van Groningen (CFO SA), Jacqui Freeman (CQS Technology Holdings), Melle Eijckelhoff (CFO SA), Tertia Barrett (CQS Technology Holdings), Christy Roux (CQS Technology Holdings).

“Microsoft Excel is our biggest competitor!” With a healthy amount of respectful disbelief both Jacqui Freeman and Tertia Barrett of CQS Technology Holdings shake their heads at the fact that even in 2013 there are still plenty…

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Added by CFO South Africa on March 22, 2013 at 17:30 — No Comments

It is time for CFO South Africa

Since its launch in September 2011 CFO South Africa has become the leading networking platform for CFOs and finance professionals. The fast-growing online and offline community is moulded on a successful formula in The Netherlands, where the platform has become as essential for finance professionals as adding and subtracting. We spoke to Alex van Groningen, founder of the Dutch CFO and South African platforms about the opportunities in South Africa, his business model and the…

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Added by CFO South Africa on March 20, 2013 at 18:00 — No Comments

New Professional Body for Accounting Technicians

AAT(SA) website

AAT(SA) was launched in October 2008 as a new professional home for accounting technicians in South Africa. 

AAT(SA) is a professional body that offers practical, internationally recognised accounting qualifications. We can be of great benefit to your financial staff at all levels, from people in administrative positions to professional accountants.  AAT(SA) helps develop your staff’s…

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Added by Natalie Zimmelman on March 20, 2013 at 10:21 — No Comments

Jo-Ann Pohl, CFO Standard Chartered Bank: Creating a CFO buddy system

A buddy system in which young CFOs get paired with experienced counterparts could greatly benefit the South African financial world. It is one of the many ideas that occupy the mind of Jo-Ann Pohl, the energetic and enthusiastic CFO of Standard Chartered Bank. On Friday Pohl met with Alex van Groningen and Melle Eijckelhoff of networking platform CFO SA to discuss the need and opportunities for more interaction between top…

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Added by CFO South Africa on March 15, 2013 at 21:00 — No Comments

Delphine Maidou, Allianz: “There is no way back”

“We’re investing in Africa, because we believe in the continent.” CFO SA encountered a lot of positivity about the growth of the African economy in the last week, but no testimony has been as outspoken as that of Delphine Maidou, CEO of Allianz Global Corporate & Specialty (AGCS) in South Africa. And no testimony has been so significant – who else but a professional risk insurer with a worldwide footprint is better qualified to judge the economic prospects of…

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Added by CFO South Africa on March 15, 2013 at 21:00 — No Comments

Robin Beetge, ReadSoft: “Bridging the gap between finance and procurement"

“There is a lot of optimism and a lot of growth coming out of Africa.” This was Robin Beetge’s upbeat message on Friday, when he met with Alex van Groningen and Melle Eijckelhoff from networking platform CFO South Africa. Beetge has set up a brand new Johannesburg office for ReadSoft, the internationally…

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Added by CFO South Africa on March 15, 2013 at 19:30 — 1 Comment

Otto Paul Brand, IBM: grow, grab market share and drive customer loyalty with shared service centers

This week Brand met with the CFO SA team and chatted about the challenges and exciting opportunities of selling shared service centres to big clients in Africa. “If we get it right, we get contracts of 50 million to 1 billion US Dollar over 5 years.”

Alex van Groningen and Melle Eijckelhoff of CFO SA are…

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Added by CFO South Africa on March 15, 2013 at 7:00 — No Comments

Successful Round Table CFO SA in Johannesburg

In the picture: Melle Eijckelhoff (CFO SA), Sizwe Nkosi (Metmar Limited), Warren Prinsloo (Jasco), Mangadi Dikotla (Africa Oil), Muller Strauss (African Bank), Jobo Moshesh (SITA), Christian Campagna (Accenture), Bikash Prasad (Olam International), Ryno Matthee (Accenture), Jo-Ann Pohl (Standard Chartered Bank), Vincent Masilo, Bright Amisi (SABS).

During a hugely successful round table discussion a selection of influential…

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Added by CFO South Africa on March 14, 2013 at 17:30 — No Comments

Vishwani Nirghin, Finance Director Unilever South Africa “The greatest challenge for South African companies is to be globally competitive”

Vishwani Nirghin, Category Finance Director Home and Personal Care for Unilever South Africa “We are seeing a trend in the local universities where the graduating classes have a disproportionate number of women verses men.”

Vishwani Nirghin joined Unilever as Financial Accounts Manager in 2004. She rapidly progressed in the finance department of Unilever and her previous appointments include Financial…

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Added by CFO South Africa on March 14, 2013 at 14:30 — No Comments

Jonas Schofer, The Hackett Group: assisting CFOs

Many large South African companies can free up between 10 and 20 percent of their working capital, just by improving the quality of their processes. That is what Jonas Schofer of The Hackett Group said on Thursday when he met with CFO SA’s Melle Eijckelhoff. Over the last months Schofer has met with around 100 South…

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Added by CFO South Africa on March 14, 2013 at 12:30 — No Comments

Carl Endenburg, SET Recruitment: moving towards CFO contracting

Plans are afoot for SET Recruitment Consultants to broaden the activities of the Johannesburg and Cape Town based recruitment company into contracting of CFOs and CEOs. In an “ever changing market” SET is continuously looking for new approaches, including partnering in various projects with the South African Institute of Chartered Accountants (SAICA), said Carl Endenburg, Director and Owner of the company.…

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Added by CFO South Africa on March 13, 2013 at 17:00 — No Comments

FD Centre meets CFO SA: how to escape the whirlwind

Companies and CFOs of big firms find themselves increasingly caught in a whirlwind, where urgent matters get priority and other important issues get shelved, Rowan de Klerk on Wednesday explained to the founders of the networking platform CFO South Africa. De Klerk is the CEO of FD Centre, an innovative company that places respected, experienced Finance Directors with smaller organisations and in the CFO offices of larger companies.…

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Added by CFO South Africa on March 13, 2013 at 16:37 — No Comments

Karen Elstob, IQ Business: “Learning from other industries”

“There is a lot of value in making connections cross-industry,” said Karen Elstob, who is responsible for Business Development at IQ Business. On Wednesday Elstob met with the founders of CFO South Africa, the leading networking platform for financial professionals in South Africa. They discussed the challenges and…

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Added by CFO South Africa on March 13, 2013 at 10:53 — No Comments

DJ Kumbula of Innovent welcomes opportunities CFO SA

“Give us 15 minutes in front of a CFO of a big corporation and we will convince them of our rental and asset management solutions,” said DJ Kumbula, CEO of Innovent. The Johannesburg-based company offers innovative alternatives to company-purchased capital equipment, saving money for clients and keeping their…

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Added by CFO South Africa on March 13, 2013 at 8:30 — No Comments

CFO SA announces CFO awards 2014

CFO South Africa on Tuesday announced the establishment of a new prestigious yearly award to honour the best performing CFOs in the country. The fast-growing networking platform for financial professionals is embarking on a process to elect the best Chief Financial Officer of South Africa, culminating in a festive award ceremony in March next year. One of the first influential people who has committed to be on the jury is Victor Sekese, CEO of accounting firm…

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Added by CFO South Africa on March 12, 2013 at 12:30 — No Comments

Nick Dunnett of Robert Walters: “CFOs crucial for recruitment”

CFOs play a vital role in the hiring of new people, according to Nick Dunnett, Managing Director of recruitment firm Robert Walters in South Africa. “CFOs and their departments need to invest time in the recruitment of new financial professionals and not leave it to the Human Resources department,”…

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Added by CFO South Africa on March 12, 2013 at 10:00 — No Comments

Bain’s Vittorio Massone: CFOs should become predictors of success

Bain’s Vittorio Massone: CFOs should become predictors of success

From left to right: Alex van Groningen (CFO SA), Alison Retzlaff (Bain & Company) and Vittorio Massone (Bain & Company).

The era when CFOs of big companies mainly reported on profit, loss and balance sheets should be over,…

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Added by CFO South Africa on March 11, 2013 at 23:00 — No Comments

Grant Thornton, David Campbell CEO: CFO SA responds to a need

“I believe CFO South Africa is responding to a need in the country,” said David Campbell, Chief Executive Officer for Grant Thornton in South Africa. According to Campbell business networking in the country is relatively fragmented. “When an effort is made to bring professionals together it seems to draw…

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Added by CFO South Africa on March 11, 2013 at 17:30 — No Comments

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