Chris Scholtz

Chris Scholtz Email and Phone Number

ASX and IPO Experienced Chief Financial Officer @ Nextt Group
Chris Scholtz's Location
Greater Sydney Area, Australia, Australia
Chris Scholtz's Contact Details

Chris Scholtz personal email

About Chris Scholtz

I am a versatile, high-energy executive who leads companies through challenges and change by implementing simple processes, reducing costs, implementing long term strategies and ultimately achieving profitable bottom line growth.As a true business partner, I have been a hands-on strategist and problem solver who is comfortable communicating and getting involved in all levels of the organisation. My extensive background in finance is complemented by my talents in commercial project management and team leadership and development, demonstrated by my numerous successes in lowering staff turnover, implementing cost cutting programmes and leading successful mergers and acquisitions and managing the subsequent integrations. Feel free to contact me on scholtz.c@gmail.comSpecialities: Commercial Management, ASX and Investor management. accounting, auditing, banking, Board reporting, budgeting, cash flow maximisation, commercial contract negotiations, financial management, IFRS, insurance, team leadership, management, Microsoft Office, payroll, internal and external reporting, strategy, , year end accounts, cash flow forecasting , working capital management, management strategy, divisional reporting.

Chris Scholtz's Current Company Details
Nextt Group

Nextt Group

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ASX and IPO Experienced Chief Financial Officer
Chris Scholtz Work Experience Details
  • Nextt Group
    Chief Financial Officer
    Nextt Group Sep 2022 - Present
    Chippendale, New South Wales, Au
    Nextt has, over the last 20 years, built a strong service that specialises in supporting people with a broad range of disabilities including autism, psycho-social disability, cognitive support needs, high physical support needs and Acquired Brain Injury. Nextt turns over about $100m per year with about 1,500 employees.
  • Damstra Technology
    Chief Financial Officer
    Damstra Technology Sep 2016 - Feb 2022
    Melbourne, Victoria, Au
    Key achievements: Led the finance function on the successful listing of Damstra on the Australian stock exchange.Managed the transition from multiple acquired financial systems to one ERP system (Sage).Led the finance function on a process to acquire a listed company, and the cost synergy process, saving $6.2m in annual costs (from $4m initial target)Successfully led and implemented four business acquisitions in one year (and nine in total at Damstra). • Multiple rounds of capital and financing raises. Implemented an automated performance review system and NPS score for employees and completely overhauled the Human Resources functionDesigned and implemented a Global Country Entry strategy, a 100-page risk assessment document to review before expanding into new jurisdictionsManaged our global growth and set up the operations in New Zealand, the Philippines, the UK and the USA.Led the project to successfully gain SOC2, ISO27001:2013 and ISO9001:2015 accreditation, and several recertifications.
  • Skilled Group
    Gm Finance
    Skilled Group Feb 2014 - Feb 2016
    Docklands, Victoria, Au
    As GM Finance for this very successful division of the Skilled Group, I am tasked to manage all aspects of financial management, commercial, risk and legal. I am very involved in the strategy of the business, which involves advice and investigation of expansion into new product offerings and mergers and acquisitions. I have, in my time, achieved:• Successfully led and implemented two acquisitions.• Managed major capital acquisitions, which included expansion into a new product capability• Delivered $5.6 million in cost savings, which was nearly double the Board target.• Business owner of the team that implemented new functionality in the reporting system, simultaneous to integration of the two accounting systems.
  • Skilled Group
    Chief Financial Officer And Company Secretary
    Skilled Group May 2012 - Feb 2014
    Docklands, Victoria, Au
    I am a hands-on financial officer and get involved in every aspect of the business, including detailed cash forecasting and cost and project management. Further, I managed all ASX and shareholder communication and all aspects of financial management including budgets, forecasting and monthly and yearly reporting. In my time, I have achieved the following major successes: - Successfully managed the sale of the Thomas & Coffey to the Skilled Group, including negotiating of the selling price and managing the due diligence process and the transition programme. - Early identification of a problematic project where my early structure changes avoided a possible $3 million loss. - Leading member of cost reduction committee that achieved annualised savings of $14m. - Careful working capital management led to average debtors’ days improving by 14.3 days and overdue debtors dropping by 14.5 percentage point. - Involved with banking facility renewals and succeeded in negotiating lower covenant levels. - Implemented reporting on overdue bonds and bank guarantees which assisted in significantly improved collection of these securities. - Improved reporting on idle labour which allowed issues to be identified and dealt with much earlier.
  • Leighton Contractors
    Financial Consultant
    Leighton Contractors Mar 2012 - May 2012
    North Sydney, Nsw, Au
    Acting as a consultant for the Group Finance Manager, I managed the following:• Assisted in preparing the business plan for 2013 - 2016 for the Group Finance Function. This included researching, analysing and documenting risks and understanding and documenting the vision of the department and the required objectives to achieving that;• Prepared several business standards and made recommendations for several more. I identified gaps in the current procedures and compiled draft procedures to address those gaps;• Analysed the financial performance of some subsidiaries and made recommendations for review where necessary;• Reviewed and made recommendations to revise the valuation of a company;• Wrote a procedure and comments on the definition of insolvency and how to identify and deal with identified cases of insolvent trading;• Understood and reported on the proposed internal statutory restructuring of a grouping of companies;• Compiled a quarterly review pack and wrote the template for that pack to use in future.
  • Kell & Rigby Pty Limited
    Head Of Finance
    Kell & Rigby Pty Limited Jun 2008 - Feb 2012
    In this role, my aim was to manage the internal and external financial affairs of the group such that: • budgets are completed and met for the full group (including overhead budgets of $5 million); • banking and bonding facilities are maintained and improved; • external reporting is completed successfully, accurately and timely; • most importantly, to give regular feedback and advice to the operating side of the business to enable them to anticipate problems and improve our results through detailed project reviews and management accounts; and• working capital management to allow the company to maximise its available cash.The company failed due to it never being able to recover from poor decisions made between 2000 and 2007. I recognised the major challenges in the company and appointed the administrators and assisted the administration process to recover all debt so that all employees received 100% recovery of their entitlements.Other achievements are: - Reduced overhead costs by an annualised 60% - Reviewed the balance sheet for ineffective assets and freed up a significant amount of cash - Suggested and assisted in devising and implementing a five-point management strategy to ensure future business success by concentrating focus on the right areas. - Implemented a monthly reporting regime on staff retention statistics and estimated costs associated with this that forced a dialogue and subsequent investigation of staff retention challenges - I introduced monthly full-year forecasting and performance tracking against quarterly forecasting. - Successfully increased our available banking facilities by 60% during a very challenging period for the company - Revised monthly management reporting to increase the ease of use of the reports. This included the addition of charts and a one-page ‘dashboard’
  • Concor Holdings (Pty) Ltd
    Group Financial Director
    Concor Holdings (Pty) Ltd Nov 2006 - May 2008
    As the CFO of this major listed construction company, my role objectives were to:• budgets are completed and met for the full group (including overhead budgets of $5 million); • The detailed review, advice on and analysis of the project reporting from the divisional finance managers, including checking the calculations of over- or underclaims, accruals and materials on site;• Provide commercial advice to the CEO and other members of the board to enable better, faster and more accurate decision making;• Provide strategic input into board decisions, including three-year forecasts, identification and consideration of new business opportunities and “go no-go” decisions;• Negotiate and ensure the best rates and facilities for all insurance, banking and bonding relationships.Some of my achievements were:• Promotion to be the youngest director in the company’s 55-year history.• Built a 10-year financing model and negotiated finance for a huge asset acquisition (ZAR600m) for a large mining contract• The arrangement of public-private partnerships, including negotiating the contracts and doing the financial modelling. • I successfully negotiated a further $80m (ZAR400m) in banking facilities which allowed the company to build a power station that they would have had to do as a joint venture otherwise.• Successfully managed the merger and subsequent integration with Murray & Roberts
  • Concor Holdings (Pty) Ltd
    Group Financial Manager
    Concor Holdings (Pty) Ltd Jan 2003 - Nov 2006
    (Note that I was appointed as group accountant in January 2003 and promoted to this position).Duties:Consolidation of group into one trial balance (108 trial balances including equity accounted associates, joint ventures and wholly- and partly owned subsidiaries) and the preparation of the subsequent financial statements.Standard duties such as monthly management accounts, budgeting, consolidations, dealing with auditors, taxation matters and the management of the shared accounting services centre and insurance renewal negotiations.Responsible for monthly cost reporting of own divisionManaging cash balances to maximise interest and negotiating with bank officials regarding rates and charges. Managing the full salaries and wages function for 4 000 employees with a department of only six people.
  • South African Revenue Service
    Tax Auditor
    South African Revenue Service Jul 2001 - Dec 2002
    As part of the Woodmead-ZAR3billion project, I was responsible for identifying errant taxpayers, liaising with and auditing these taxpayers, raising assessments and then dealing with their objections and appeals. I gained exposure to all aspects of taxation in South Africa and was involved in several high profile cases. In September 2002, I was moved to the Randburg Corporate Tax Centre as team leader in charge of five auditors. I was responsible for managing an allocated number of large corporate taxpayers, which included keeping their administration up to date, auditing them and finalising large volumes of outstanding correspondence.
  • Kpmg Inc.
    Audit Supervisor
    Kpmg Inc. Jul 1999 - Jun 2001
    Working for the International Advisory Services division, I was responsible for the audits of a large client base. This included planning of the audit, budgeting, doing the actual audit, managing junior staff and finalising the audits. I gained experience in structured finance, various accounting methods and standards and taxation. I dealt extensively with numerous clients across various industries. Notable clients included Tata South Africa (motor vehicle manufacturers) and Johannes Möller (constructors of pneumatic conveyer systems).
  • Louis Kruger And Co. Inc
    Articled Clerk
    Louis Kruger And Co. Inc Jan 1998 - May 1999
    Planning of audits, budgeting, doing the actual audit, managing junior staff and finalising the audits on a number of smaller companies and close corporations.Dealing with taxation matters on all of the above, plus taxation of several individuals and other organisations. This entailed calculating the tax, completing tax and VAT returns and dealing with SARS on related matters.Monthly accounting and cost reports for several clients.

Chris Scholtz Skills

Cash Flow Management Cash Flow Forecasting Working Capital Management Treasury Management Excel Financial Modeling Financial Management Corporate Finance Financial Planning Financial Analysis Financial Reporting Financial Accounting Project Finance Construction Contract Negotiation Microsoft Excel Managerial Finance Accounting Cost Management Business Process Improvement Budgets Strategic Financial Planning Management Commercial Management Cash Flow Tax Planning Forecasting Contract Management Due Diligence Project Planning Strategy Auditing Procurement Risk Management Change Management Cost Control Project Management Business Strategy Mergers Finance

Chris Scholtz Education Details

  • Saica And Icaa
    Saica And Icaa
    Financial Management
  • University Of Johannesburg				University Of Johannesburg
    University Of Johannesburg University Of Johannesburg
    Financial Management
  • Florida High School				Florida High School
    Florida High School Florida High School
    Accounting

Frequently Asked Questions about Chris Scholtz

What company does Chris Scholtz work for?

Chris Scholtz works for Nextt Group

What is Chris Scholtz's role at the current company?

Chris Scholtz's current role is ASX and IPO Experienced Chief Financial Officer.

What is Chris Scholtz's email address?

Chris Scholtz's email address is sc****@****ail.com

What schools did Chris Scholtz attend?

Chris Scholtz attended Saica And Icaa, University Of Johannesburg University Of Johannesburg, Florida High School Florida High School.

What skills is Chris Scholtz known for?

Chris Scholtz has skills like Cash Flow Management, Cash Flow Forecasting, Working Capital Management, Treasury Management, Excel, Financial Modeling, Financial Management, Corporate Finance, Financial Planning, Financial Analysis, Financial Reporting, Financial Accounting.

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