“Finding a personal and cultural click between people is essential when it comes to placing finance experts temporarily into an organisation,” says Grant Robson, Executive Chairman of The Finance Team. On Monday CFO South Africa met with Robson and CEO Richard Angus to chat about their new model, providing experienced finance experts to businesses that need temporary or permanent help.
“Trust, respect, honesty and integrity are our four pillars,” says Angus, who started the…Continue
Added by CFO South Africa on September 30, 2013 at 12:30 — No Comments
“Instead of having an adversarial relationship with CFOs, internal auditors should be seen as a welcome pair of extra eyes and ears,” says Claudelle von Eck, CEO of the Institute of Internal Auditors South Africa (IIA SA). Traditionally internal auditors are seen as compliance watchdogs, but that role is changing, says Von Eck. “In successful organisations we see the relationship between CFOs and internal auditors growing into partnerships.”
On Monday the energetic Von Eck…Continue
Added by CFO South Africa on September 30, 2013 at 12:00 — No Comments
Added by CFO South Africa on September 30, 2013 at 11:02 — No Comments
Did you know all events of CFO South Africa are eligible for SAICA CPD points (continuous professional development)?
A CA(SA), in order to remain compliant, has to achieve a CPD over a 3-year cycle through various means. Some must be verifiable (2/3 - which is training attendance or where a physical record can be shown) and other can be non-verifiable (1/3, which is like reading a book or article or…Continue
Added by Alex van Groningen (CFO SA) on September 27, 2013 at 10:30 — No Comments
“For a CFO, working in Africa is almost like a Rubik’s cube, it is a challenge but it’s very rewarding,” says Barry Doran, Finance Director for Africa at security firm G4S, the largest private employer on the continent. “The development opportunities are very rewarding professionally and it’s great to see cities changing. The last time I was in Lagos I suddenly saw traffic lights where there were never any.”
Born, bred and qualified as a Chartered Accountant in Ireland,…Continue
Added by CFO South Africa on September 26, 2013 at 16:00 — No Comments
The 5th CFO South Africa Event will take place on October 3rd 2013, titled 'Managing Corporate Growth.' CFO South Africa, in collaboration with Oracle, CQS, Transparent, IQ Business and ReadSoft, is organizing this event at one of the top-rated hotels in the world, the Saxon Boutique Hotel in Sandton.
An influential group of financial leaders from prominent international and South African companies from both the private and public sector will attend…Continue
Added by CFO South Africa on September 26, 2013 at 11:00 — No Comments
“There should always be a challenge in life. Because of the continuous changes at my company, I have always been able to find those challenges internally,” says Francois Reyneke. The Group Financial Director at office products supplier, Waltons, is not a typical CFO type, who changes jobs every few years. Working for the same firm since 1995, he is currently in the middle of one of his greatest challenges to date: the switch from a distributive replicated ERP system with servers at…Continue
Added by CFO South Africa on September 19, 2013 at 8:30 — No Comments
“CFOs are actually salespeople,” says Mike Benfield, CFO for mining group Metorex. “We sell our business to financers and shareholders, but also sell it to our own staff and to the outside world. We have to be attractive employers, so we’re also selling the future to current and prospective employees.”
Benfield has a diverse and well-rounded CV and can talk with great insight about the good and bad days of finance professionals. Metorex…Continue
Added by CFO South Africa on September 12, 2013 at 15:30 — No Comments
Added by CFO South Africa on September 11, 2013 at 16:33 — No Comments
“A tough working environment forces you to innovate and come up with new ideas,” says Hennie Nel, CFO of South Africa’s biggest short-term insurer Santam. After a career at PriceWaterhouseCoopers (PwC) that began in 1993, Nel moved to Santam last year for a new challenge. In this interview he sheds some light on the switch from consultant to Chief Financial Officer.
Nel did not choose the easiest moment to move to a short term insurance…Continue
Added by CFO South Africa on September 4, 2013 at 9:30 — No Comments
With nearly 18 years of experience as a finance expert in the IT world, Kirsten Mocke has acquired a good grasp of the strengths and weaknesses in the management of South African IT firms. Days Sales Outstanding (DSO) “is often very high”, sales processes “could be more refined and defined” and forecasting is not taken seriously enough. “Many people can generate numbers.- I always say to my staff: don’t give me numbers, but tell me what the numbers mean.”
Mocke is finance…Continue
Added by CFO South Africa on September 3, 2013 at 14:00 — No Comments