Financial Executive at Ace Brand (2026-01 – Present)
FMCG & Manufacturing sector. Key responsibilities span financial management and reporting, operational and commercial input, treasury management, and risk management & governance.
- Lead all aspects of financial planning, budgeting, forecasting, and reporting
- Ensure compliance with IFRS, SARS, SARB etc
- Present regular financial performance reports to the executives
- Partner with operations to track margins, raw material usage, yield efficiency
- Implement cost accounting processes specific to milling
- Oversee product costing, inventory valuation, and production efficiencies
- Manage banking relationships
- Cash flow management: Short to medium cashflow forecasts
- Optimize working capital: Decreasing debtors day, Negotiating creditors term, and optimum inventory holding
- Oversee audit, legal, tax, and compliance functions
- Manage insurance, risk exposure, and mitigation strategies
- Maintain strong governance across all financial and procurement processes
Transactional Procurement Manager at RCL Foods (2023-11 – 2025-12)
Promoted from Financial Manager to lead the implementation of procurement strategies across the Baking BU (Mill, multiple bakeries, speciality and pies). FMCG & Manufacturing sector.
- Manage Contract SLA's and supplier performance in conjunction with Operational Management
- Explain and administer Group policies and procedures pertaining to procurement
- Evaluate current agreements and provide strategic input to either renegotiate, renew, or discontinue agreements or contracts
- Evaluate and ensure potential suppliers can meet the specified requirements
- Identify and agree KPI's for supplier performance with operating units and suppliers
- Identify strategic contracts and maintain key supplier relationships to leverage opportunities for the business and to define and manage performance expectations
- Seek to innovate and constantly identify approaches to reduce or remove non-value-added cost
- Review vendor applications
- Ensure contract management in line with Group sourcing policies
- Reduce contract leakage and maverick spend
- Implement site-based contracts for OU specific suppliers
- Evaluate proposals for regional contracts
- Communicate tender outcome to the business
- Evaluate contract modifications
- Plan and Implement procurement structure for all OUs in Baking BU
- Set and manage staff KPI's
- Monitor staff performance and provide regular feedback
- Coach and support staff where necessary to achieve objectives
- Conduct regular performance appraisals with subordinates
- Ensure LOA is adhered to
- Develop short-, mid- and long-term strategies for the various sub-categories ensuring delivery at the most competitive cost
- Partner with the Business, senior stakeholders, and consumers of services to determine requirements and apply professional sourcing and categories management methodologies such as vendor rationalisation, utilising technology and flexible solutions to enhance user experience and minimise financial impact
- Collaborate with site-based buyers to ensure business strategies and policies are applied locally, to assess opportunities, and to drive performance improvements
- Proactively drive regular engagement with the business regarding its immediate and longer-term categories procurement requirements and the extent to which these are being met
- Implement purchasing and contract management instructions, policies, and procedures
- Provide ongoing internal functional and operational unit KPI's and service requirements engagement and support
- Collaborate with external legal advisors on amendments of contracts, NDA's and SLA's
- Engineering and Consumable Stores oversight and Management
- Collaborate with internal stakeholders to understand requirements
- Implementation and maintenance of effective inventory system
- Reporting to business on KPI's
- Staff management and training of senior buyers, buyers, buying administrators, store supervisors, storemen
- Drafting of the Annual Financial statements (group and statutory packs)
- Compiling year-end reporting packs
- Assist accounts payable for reviewing recons
- Assisting with external audit management
- Compilation of documents and schedules for BEE audits
- Serve as Syspro champion, develop reports and write queries
- Rolling of Cognos reporting packs
- Reviewing statutory returns
- Implemented contract reporting on the OU's still operating on Syspro
- Reduced contract leakage through improved vendor tracking
- Reduced retrospective orders by 25% by implementing weekly KPI reporting
Financial Manager at RCL Foods (2021-03 – 2023-10)
Led financial operations and reporting for the Mill and multiple bakery units. FMCG & Manufacturing sector.
- Manage accounts payable team
- Authorization of new creditors consistent with the company's approved Payment terms
- Implement controls to ensure completeness, validity, accuracy and adherence to deadlines
- Streamline payment runs
- Improve cash flow management by adhering to standard payment terms
- Forecasting of the balance sheet and cash flow statement annually and quarterly
- Forecasting of the ROIC and waterfall
- Preparation of a forecasted Cognos (balance sheet and income statement) quarterly
- Compilation of a quarterly forecasted deliverables pack to Head Office
- Continuously identify and pursue opportunities to improve control procedures
- Follow up on audit queries and ensure that corrective action is taken by responsible teams
- Ensure compliance with approved procedures by means of control checks performed by the finance team
- Ensuring adherence to policies
- Ensuring that general ledger and sub ledgers are maintained in accordance with IFRS and Group policy
- Assess and recommend levels of provisions
- Monthly review of all general ledger balance sheet reconciliations
- Oversee month end close, ensuring deadlines are met
- Manage fixed asset team
- Ensuring that the annual physical asset verification is performed
- Ensuring that useful lives and residual value reassessments are performed done
- Responsible for the complete capex function –acquisitions, disposals, approvals
- Compilation and submission of the consolidated Cognos pack to RCL Head Office
- Submission of monthly working papers to Group Finance
- Review balance sheet reconciliations
- Drafting of the Annual Financial statements (group and statutory packs)
- Compiling year-end reporting packs
- Coordinating year-end external audit
- Coordinating internal audits
- Compilation of documents and schedules for Ad hoc audits (BEE, Food Safety etc)
- Submission of reports for STATSSA
- Staff management and training of Creditors clerks, Creditors controllers, GL accountant, AP accountant, Commodity accountant, Fixed asset accountant
- Review and submission of VAT
- Oversight of provisional tax
- Oversight of the Compilation of the annual tax pack
- Cashflow forecasting
- Ensuring daily cash requirements are met
- Submission of the consolidated cash flow to RCL Treasury
- Oversee cash forecasting (weekly and daily) as well as spend reporting
- Performance of all functions associated with a banking
- Manage relationships with bankers
- Automated monthly reporting templates resulting in reporting time being cut with 4 days
- Automated quarterly forecasting templates cutting down forecasting times and improving accuracy
Financial Executive at Vusela Risk Services (2020-03 – 2020-09)
- BBBEE & Transformation reporting
- Implementation best accounting practices and monitoring and adherence to Internal Controls
- Prepare and report Management information and reports
