Derek Cellarius Email & Phone Number

Pretoria, Gp, Za

Pretoria, Gp, Za

Full CFO role across the Group, with 4 actively trading companies

Accountable for the financial administrative, and risk management operations of the company, to include the development of a financial and operational strategy.• Ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.• Formulate financial strategy for business operation• Ensure effective financial reporting and follow-up• Participate in key decisions as a member of the executive management team• Manage the accounting, human resources, investor relations, legal, tax, and treasury departments• Oversee the financial operations of subsidiary companies• Manage any third parties to which accounting or finance functions have been outsourced• Oversee the company's transaction processing systems• Implement operational best practices• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package• Supervise acquisition due diligence and negotiate acquisitions• Consolidations• Reporting within 7 (seven) days of monthend• Monitor and manage budget and expenses with cost savings and efficiencies in mind • Manage staff performance

Groenkloof, Gauteng, Za

Daily, weekly and monthly cash flow monitoring and treasuryWeekly and monthly payments controlHR and leave managementPayroll processingMonthly journals reviewAnalytical review of revenue and expensesMonthly Management reports preparation and presentation to management and boardVAT201 calculations, submission and paymentTax planningCompliance management, including SARS, BB-BEE, EE, CIPC, Banks, WCABudget planning and preparationCEO report compilationBoard pack preparationPreparation of IFRS annual financial statements Manage external audit process, responding to audit queries and requests for informationReview of company strategic planningProperty administration for about 30 propertiesDebtors invoicing

Forensic Analysis - Fraud investigationSelf development, training

Environment: Large internationally listed entity, with high transaction volumes, US GAAP, partially outsourced, shared servicesActing as a business partner, decision maker, and providing regular financial reportingLeading and managing of staff (5 direct and 6 indirect reports)Responsible for day to day management of operational functions within FinanceResponsible for finance operational process and internal control review, maintenance, and improvementAccurate accounting processing of company operating and broking systemsEnsuring compliance / regulatory requirements are adhered toManagement of General ledger control and reconciliationsWorking capital and cash flow projectionsBalance sheets and income statements reviewRegular interaction with business and management to resolve operational or accounting issuesManage internal control and related controller functions for the group, including reporting on tax issuesRisk managementVAT complianceIncome tax compliance and related administrationResponsibility for Internal, External and Statutory reportingManage process of client assistance with annual independent audit, including information gathering and dealing with audit queries

Industries: Retail, Transport, Property Administration, InvestmentFinance, administrative and related control aspects of the Group (annual turnover several hundred million Rand)Consolidated monthly and annual reports to Board of DirectorsManaging of Finance and Admin staff (4 direct reports and 3 indirect)Daily cash flow monitoring and treasuryCosting, gross profit analysis, control and savingsAnnual budgets with monthly progress reporting for income and expenditure 10 Year business plan development and modelling for capital project (Strategic planning), including integrated balance sheet, income statement and cash flow, tax calculations and depreciationCapex and loans modellingFinancial oversight for R100m building project (two filling stations, tank storage, administration building and ablution facilities for drivers, convenience store, parking areas for trucks)Developed dynamic dashboard for reporting daily, weekly and monthly sales volumes for various sales categories and activitiesImplemented new accounting system (converting from Pastel to QuickBooks) and improved processes, reducing month end reporting time to one week, as well as much improved management information and reportsCompany secretarial functions, including annual reports to CIPCTax returns, reconciliations and compliance, with no SARS inspections or auditsManage external audit coordination with auditors to produce audited AFS in IFRS for SME format (always unqualified audit reports)

Industries: Agriculture, Manufacturing, Information Technology, Property Administration, Hospitality, InvestmentIndustries: Agriculture, Retail/FMCG, Manufacturing, Information Technology, Property Administration, Hospitality, InvestmentGeneral financial management and control of about 10 companies and entities (annual turnover several hundred million Rand)including all major financial processes such as invoicing, payments, reconciliations, VAT, PAYE, debtor collection3 Direct reports and 4 indirect reportsPreparation of annual budgets and actual spend monitoringMonthly financial analysis and reportingCash flow monitoring and controlTreasury functions, including internal and external financeTax compliance monitoring and advice (no SARS audits or inspections)Company secretarial functionsTrust administrationManage external audit coordination to produce audited AFS (unqualified audit reports)

Risk Management Consultant at the Department of Public Enterprises from November 2012 to March 2013Risk and Strategy ConsultantFinancial Manager (part time) at Umnotho Outdoor (2008 to 2014)Financial Director (part time) at Mooikloof Owners' Association NPC (Sep 2012 to Feb 2015)Business plan development and modelling for Umnotho Outdoors, including outdoor advertising boards, roads beautification project and building projects

CEO of company and principal Risk Management Consultant for Horwath in South Africa. Up to 31 March 2013 our most significant client was the Department of Public Enterprises (DPE), where my main duties consisted of the following:• Shareholder risk identification and analysis, working with Deputy Directors-General and their sector teams• Facilitation of risk identification workshops for sector teams and operational business units• Shareholder risk dashboard development• Review and analysis of State Owned Companies (SOC) Corporate Plans, including strategy and risk alignment. These SOC include significant entities such as Eskom, Transnet, Denel, SAA, SAX, SAFCOL, Broadband Infraco and their subsidiaries.• Review and analysis of Quarterly Reports and Annual Reports of the State Owned Companies (SOC) for risk identification and analysis• SOC risk reporting compliance review• Risk dashboard (register) population, review and updating with risk findings• Risk analysis on PFMA Section 54 transaction applications• Emerging risk identification, analysis and dissemination• Design of risks registers and incorporation into the Isibuko dashboard• Facilitation of risk workshops for the Department’s business support units to identify and analyse operational risks• Development and maintenance of Top10 strategic (shareholder) and operational risk registers• Development and maintenance of overall DPE top10 register• Combining the enabling documents for shareholder risk and internal risk (policy, strategy, plan and framework)• Independent expert on DPE review panel for procurement of ERM software

Managing and consulting partner at Horwath Lubbes Chartered Accountants & Auditors in Pretoria, South Africa. The firm consisted of 4 partners (25.1% BEE) and 30 staff and it joined the Horwath Group in 2006.Duties & ResponsibilitiesAccounting, auditing and tax compliance and consulting. IT audit and Internal Audit consulting, being the lead partner for risk management services for Horwath in South Africa since 2006. Also responsible for business development, productivity and performance management, cash flow and other financial management matters of the Pretoria firm.I was also responsible for IT related practice matters at the firm. Was investigating a less-paper environment for the firm and other practitioners. Also was the firm’s Quality Control Officer, responsible for ensuring compliance with firm and IRBA standards of auditing.

Satellite Beach, Florida, Us

Industries: Services, Information Technology, Government, Manufacturing, AgricultureAuditing, accounting and taxComputer auditComputer assisted audit techniques (CAATS), including programmingIT GovernanceRisk and control identificationInternal audit

Midrand, Gauteng, Za

Partner/director in a 30 staff Global Risk Management Solutions consulting unit. Managed or performed risk assessments, IT auditing and internal auditing (controls assessments) at a wide variety of clients (some of them for several years).

Midrand, Gauteng, Za

Gained audit, accounting and tax experience at a large variety of clients. Served as the Pretoria firm’s training manager during 1987-1988, developing, organising and presenting/co-presenting several training courses during this time. Help developed and improve the audit manuals. Moved to Computer Assurance department in 1989, supporting the audit function.

Post Graduate Diploma In Forensic And Investigative Accounting, Forensic Accounting

Certificate In The Theory Of Accounting (Cta), Accounting, Auditing, Management Accounting, Tax

Bachelor Of Commerce (Bcom)(Honours), Accounting And Related Services

Bachelor Of Commerce (Bcom), Accounting And Related Services

Matric, Afrikaans, English, Mathematics, Accountancy, Science, History (5 Distinctions)