Employment History

 Finance Director

Columbus McKinnon - South Africa                     Chester, UK                                      2009 – Present

 

Columbus McKinnon is the global leader in electric chain, wire rope, hand chain, lever hoists, crane components & rigging products. Owned brands: Yale, Pfaff Silberblau, Duff-Norton, Tigrip, STAHL, Magnetek

 

Responsibilities:

·         Direct, manage and lead the day-to-day operations of the ten-person Finance Department across four subsidiaries and multiple locations, including:

-     Controlling cashflow and long/short-term financing needs

-     Checking statutory submissions: VAT, PAYE, journals, recons, payments, salaries

-     Controlling audits, taxation, leases, CAPEX, OPEX

-     Advising on technical IFRS, VAT, ERP, taxation, earnings management, M&A activities

-     Calculating local/foreign admin fees, provisional/final tax, salary and other provisions

-     Maintaining ERP systems, key relationships, including: audit, bank, IT

-     Recruitment

·         Preparation of IFRS Annual Financial Statements involving:

-     Multiple audits, consolidation of subsidiaries, foreign suppliers/customers, WIP, MIT

-     Financial instruments - FEC’s, LC’s, US GAAP recons, SOX compliance, provisions

-     Strict deadlines

·         Preparation of and commentary on the management information including:

-          Strategic plans, budgets, forecasts and operation reviews with s/h for multiple entities

-     Presentation of and commentary on results to shareholders monthly, quarterly and yearly

-     Attending local and foreign board meetings

·         Strategic decisions with the Group MD and regional-MD’s, involving:

-     Strategic plans, budgets, forecasts, headcounts, inventory, CAPEX, OPEX

·         Managing HR and payroll function

·         Controlling the outsourced IT department

 

Achievements:

·      Simplified finance dept. by creating efficiencies and restructuring, slashing costs by 40%

·      Deployed an improved ERP across 5 locations, improving BIS & linking multiple locations

·      Secured long-term financing, eliminated invoice discounting & reduced interest exp. by +80%

·      Enhanced management info., yielding more accurate predictions including budgets, forecasts

·      Streamlined month-end reporting, reducing closing from 5 to 2 days while improving accuracy

·      Led two M&A teams, from due diligence to integration, increasing revenue by 200% in 5 years

·      Introduced monthly meetings & analysis of results, realising more accurate AFS & other reports

·      Created and implemented macro-enabled templates, mitigating errors & improving efficiencies

 

 

Financial Accountant

R&R Marketing, South Africa                                Durban, SA                                       2007 – 2009

 

Responsibilities:

·         Preparation of management information including forecasts, variance analysis, sales analysis

·         Complete accounting functions of two subsidiaries, including:

-          Processing of cashbook, journals, provisions, customer and supplier invoices, provisions

-          Reconciliation of TB, creditors, debtors, inventory, statutory submissions

-          Audit involving document sourcing, reconciliations, queries

-          Statutory recons, calculations, submissions and payments

Achievements:

·        Enhanced BI with detailed reports improving management information and decisions

·        Designed advanced VBA spreadsheets, increasing day-to-day and month-end efficiencies

·        Streamlined the preparation of monthly management packs, reducing month-end closing times

 

Finance Team Member

Pendragon PLC, UK                                                Nottingham, UK                                2006 – 2007

 

Responsibilities:

·      Reconciling and processing revenue and cost of sales for vehicles

·      Performed month-end accounting procedures and full-cycle accounting duties

Achievements:

·      Created efficiencies through VBA, reducing day-to-day processing and month-end by half

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