Monty Sahd Email and Phone Number
Monty Sahd personal email
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Impactful and valued leader of financial and operational management teams, offering over 13 years of experience in commercial financial management. CFO or executive level aiming to deliver sustainable business growth solutions and create value for company stakeholders. Respected finance business partner with integrity and strong decision-making skills, combined with the ability to influence at stakeholder and board-level in listed entities. Strategic, analytical, and resourceful thinker who champions a holistic view of finance and commercial functions to identify opportunities to improve financial outcomes, processes, and tools. Recognised as an inclusive and dynamic leader, role model, and coach for high-performance teams. Hold a 4-year honors degree in accounting, taxation, management accounting (financial management and cost accounting) as well as audit and am a specialist in the practical application of International IFRS.ACCOMPLISHMENTS & CONTRIBUTIONS• Mergers & Acquisitions: Instrumental in leading the merging of the African group finance function for Deli Spices with Mane Worldwide into a global organization.• International Reporting Integration: Led the IFRS reporting and implementation, Mane Group EMEA integration, and IFRS worldwide IFRS 16 implementation.• ERP / Shared Services Management & Implementation: Successfully created the Groups’ RASCI to implement an African Shared Service Centre by converting and merging both finance departments of the group in Sub Saharan Africa. Finance lead responsible for the finance implementation of ERP merge, new supply chain integration, and accounting setup of reconciliations and Tax consolidation.• New Distribution Centres/Businesses in Zambia & Kenya: Setup and managed the business’s tax, finance, profitability, cash flow, and funding requirements.• Central Distributions Structure Implementation: Led the setup of 2 DCs, one in Midrand and one in Cape Town, and was instrumental in preparing and assessing the project feasibility and implementation, which included return on investments, budget, and finance- and internal control implementation.• Gauteng Supply Chain Project: Reviewed and assessed the largest cost agreement/service agreement in Sub Sahara Africa, including all cost structures, determining the best usage, size vehicle, fleet size, route review and finally presenting the best outcome to the board. Further responsible for ensuring the planned/budgeted results are monitored.
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Financial DirectorWestern Cape Fruit Processors (Wcfp) Jan 2023 - Present -
Finance Business ControllerMane Jan 2021 - Jan 2023Cape Town, Western Cape, South AfricaInstrumental in facilitating organizational changes in terms of the partnership agreement between Deli Group Africa and Mane during their 2016/2017 merger, with added responsibility for Mane Group entities across Africa as part of the Mane Group. Report to the Chief Financial Officer Sub-Saharan Africa and is a member of the business analysis and commercial support executive team. Manage a team of business analysts and controllers and oversee a total budget of approximately EU100mil in sales across 8 companies and 7 counties. Key Areas of Responsibilities• Responsible for the Retail customer base (business flow) in South Africa, across 4 statutory entities, namely Mane South Africa, Deli Spices, Deli Spices Limpopo, and Deli Spices KZN.• Financial Controller responsible for all Mane entities across SSA including Ghana, Nigeria, Kenya, and Deli Zambia.• Responsible for the 5 statutory entities in South Africa namely Deli Spices, Deli Spices KZN, Deli Spices Limpopo, WAH Investments, Deli Spices Investment Holdings, and Mane Properties (1 manufacturing and trading entity, 2 trading entities, 2 property investment entities, and one Holding company) and African Entities namely Deli Zambia Ltd, Mane Kenya Ltd, Mane Ghana Ltd, and Mane Nigeria.• Accountable to the Board of each entity as well as the Deli Spices Investment Holdings Board, Mane Group CFO and EMEA Executive Management, Sub Sahara Executives, MDs for all Distributions sites and or companies, and all banking and audit service providersKey Contributions• Successful Cash flow Management under extremely strained economic conditions and securing credit as well as long-term funding in order to ensure the business can capitalise on market conditions.• Integral part played in the reduction (EU1,5mil) of the group’s stockholding including management of the reporting progress and day-to-day approval of large procurement decisions. -
Finance Executive - Northern Rsa & AfricaDeli-Spices (Pty) Ltd Jan 2019 - Dec 2020Southern Africa - Based In Cape TownMainly responsible for the financial activities and delivery of commercial support, financial control, and credit management for Deli Spices Group with a focus on all distribution functions in South Africa and Sub-Saharan Africa. Key Contributions• Successful reporting integration with the Mane Group on all aspects after merger with Deli Group.• Foreign exchange management including Reserve Bank approval process and foreign exchange contract management.• Group inventory management across Sub Saharan Africa.• Group reporting function, including Management reports, Gross margin analysis, IFRS implementation effect, French Group Reporting requirements as well as Board Reporting requirements.• Achieved various tax reduction or penalty waiver successes, including a EU1mil saving by engaging with Zambian tax authorities. • Implementation and adaption of group credit policy incorporating all the groups’ diverse transactions.• Weekly finance feedback meetings with CEO to discuss and report on groups’ business performance and risks. -
Group Financial ManagerDeli Spices (Pty) Ltd Mar 2010 - Dec 2018South AfricaTasked with overseeing the overall financial management of Deli Group (holding company structure, manufacturing entity and 5 distribution entities) including board reporting, general ledger-, tax- and audit management of each entity with a focus on ultimately creating a group reporting function as well as consolidation of the group. Later focussing on the Merger into the Mane Group. Report to the Group CFO and manage a team of Financial Managers (5), and Payroll and Accounts Receivable staff. Provide leadership in absence of regional CFOs.Key Contributions• Developed and implemented the reporting, including management reports, gross margin analysis, IFRS implementation and board reporting requirements.• Budget compilation and management for the group.• Successful reporting integration with the Mane Group on all aspects after merger with Deli Group.• Implementation and adaption of group credit policy incorporating all the diverse transactions the group has.• Limited the group’s bad debt write-off and movement in loss allowance to less than 0.5% of turnover.• Analysed, reported on, and promoted a new transport service provider and fleet requirements to ensure the group achieved substantial cost savings.• Pricing negotiations on material sales, product classes, and with material customers. • Oversaw Group audit engagement, tax management, and credit and risk management.• Foreign exchange management including Reserve Bank approval process and foreign exchange contract management. -
Senior Audit ManagerPkf Rademeyer Wesson Chartered Accountants (Sa) Jan 2009 - Feb 2010Bellville, Cape TownManage and perform Audit of various companiesTax computation and submission of returnsAudit planning and manage of audit budget and costingSpecial investigations on projects/transactionsTrust accountingBody Corporate audits
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Article ClerkPkf Rademeyer Wesson Chartered Accountants (Sa) Jan 2006 - Dec 2008Bellville, Cape TownAuditingTax computation and return submissionGroup audits Financial statements preparedGeneral accounting Discounted cash flow valuations
Monty Sahd Skills
Monty Sahd Education Details
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Leadership Development Program -
Auditing/Accounting/Taxation/Management Accounting/Business Law -
Financial Accounting, Taxation, Management Accounting, Auditing And Bussiness Law -
National Senior Certificate
Frequently Asked Questions about Monty Sahd
What company does Monty Sahd work for?
Monty Sahd works for Western Cape Fruit Processors (Wcfp)
What is Monty Sahd's role at the current company?
Monty Sahd's current role is Finance Director | CA(SA).
What is Monty Sahd's email address?
Monty Sahd's email address is mo****@****ail.com
What schools did Monty Sahd attend?
Monty Sahd attended Business School Netherlands, Stellenbosch University, Stellenbosch University/universiteit Stellenbosch, Old Boys' Paul Roos Gymnasium.
What are some of Monty Sahd's interests?
Monty Sahd has interest in Travel, Running, History, Investing.
What skills is Monty Sahd known for?
Monty Sahd has skills like Ifrs, Financial Reporting, External Audit, Auditing, Accounting, Tax, Internal Controls, Financial Accounting, Financial Planning, Strategic Financial Planning, Analysis, Financial Statements.
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