Neil Davis Email and Phone Number
Accomplished Finance Executive offering 20 years of experience of which the past 17 years in financial and operational management for global concerns. Highly skilled in leading startup businesses to the status of global industry leaders by executing strategic growth initiatives. Orchestrated multiple M&A transactions, skillfully navigating negotiations, and ensuring seamless post-transaction integration. Manage and deliver intricate, multi-faceted financial and operational projects, optimizing resource allocation and spearheading initiatives that drive enhanced efficiency, cost reduction, and revenue growth. Impactful leader of high-performance financial and operational teams with the ability to shape the future of business and instill a culture of innovation and accountability. Respected as a finance business partner with integrity, strong decision-making skills, and the ability to influence board-level stakeholders. A strategic, analytical, and resourceful thinker who champions a holistic view of finance, operational, and commercial functions to identify opportunities to improve financial outcomes and processes.
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Group Financial DirectorLesaka Technologies Inc. Mar 2023 - PresentSouth AfricaLesaka is a dual-listed (NASDAQ: LSAK and JSE: LSK) South African financial technology company delivering financial services to 1.3 million consumers (B2C) and 78k merchants (B2B) in Southern Africa through its proprietary banking and payment technologies. Lesaka offers banking, lending, and insurance solutions to consumers, and it offers cash management solutions, bill payment technology, value-added services, business funding, and card-acquiring solutions to formal and informal retail merchants. Lesaka acquired Connect Group in 2023.In addition to the responsibilities of the Connect Group (see below), full responsibility for the financial operations, group treasury management, South African financial reporting, and all related financial aspects from a Lesaka South African Group perspective. Report directly to the Group CEO, CFO, lead, and mentor a team (20) including the Head of Finance and Subsidiary CFO, while overseeing group finance teams totaling 100 staff. -
CfoConnect Group South Africa Jul 2019 - PresentJohannesburg, South AfricaConnect Group offers financial technology solutions through cash, capital, card, and value-added services and products, helping retail merchants connect with business opportunities. Connect Group is an organization of 500 people, 6k formal customers, 74k informal customers, and distribution points across South Africa, Namibia, Botswana, and Zambia. Over A$770m of cash is processed monthly through a retail vaulting infrastructure. More than A$190m of value-added services and products are processed each month and over A$170m has been lent to formal SMEs in South Africa.Own and take full responsibility for all aspects of the group's financial strategy, and flow of financial information to the CEO, the board, and, where necessary, external parties such as investors or financial institutions. Led and mentored a team (15) comprising a finance manager, financial accountants, management accountants, Heads of Reconciliation and Deployment, and HR Manager, while overseeing other teams totaling 50 staff.Key Contributions• Full control of the group’s accounting function managing A$460m of revenue across 4 separate business units• Created and managed group treasury function generating an additional profit of A$1m• Restructured and implemented a financial reporting model and process for key high-level business stakeholders• Played a key role in IT, legal, and HR, and helped redesign organisational operational policies -
CfoA1 Capital (Pty) Ltd Mar 2018 - Jun 2019Johannesburg Area, South AfricaA1 Capital is a private equity fund based in South Africa and the UK with operational and investment expertise in private higher education, Edtech, Property, entertainment, and retail. A1 Capital acquired Educor Holdings, a leading supplier of private education, from JSE-listed Naspers. As part of its global expansion initiatives, in 2015 it acquired the London College of International Business Studies and at the same time established a broad footprint across multiple locations in Africa. 9 different education brands, group revenue of A$100m, 50k students, 29 campuses across South Africa, Namibia, UK, and Botswana.As part of the corporatisation of the business, led the team responsible for the engagement with bookrunners (Numis) and reporting accountants in the UK. Manage investor relations with the chairman for all new M&A deal activity. Develop collection strategy analytics, new pricing policies, and repayment schedules to cover multinational jurisdictions. Additionally responsible for setting up new accounting systems to ensure compliance with new applicable accounting standards (IFRS 9 and IFRS 15). -
CfoBusiness Science Corporation Aug 2013 - Mar 2018South AfricaBusiness Science Corporation ("BSC") is a data science and technology company focused on enabling blue chip organisations across the globe to make smarter, more informed, and deliberate decisions, ensuring that bottom-line performance is being delivered from its strategic offices in South Africa, Australia, and the UK. Take full ownership and responsibility for the finance and operations in South Africa and Australia. Responsible for the entire finance function and all M&A activity of the group. Group revenues of more than A$10m. Led and mentored a finance team (4) comprising the Finance Manager, Accountant, and Debtors and Creditors Clerks.Notable Transactions/Deals• Leading multinational service and information technology business (A$2m): Led the investment and subsequent formation of the company. After the initial investment, oversaw all M&A deal activity, including the purchase of Australian information technology business (A$5m) and equity raise of A$5m. The company now has a presence in Africa, Europe, and Australia• A fully integrated, multitenant web application system for a global consulting firm - A$1m joint venture with Partners in Performance (Sydney). Oversaw the administration and finance related to the joint venture. PIPware is used worldwide for continuous improvement-related work • South African Fintech (A$500 000): An innovative fintech lending business for SMEs in South Africa. -
Deal MakerBravura Jul 2006 - Jul 2013Bravura is an independent Southern African investment banking firm specialising in corporate finance and structured solutions. The company has a primary listing on the Stock Exchange of Mauritius and a secondary listing on the main board of the Namibia Stock Exchange. Lead and manage the structured finance capability and property investments on a transaction-by-transaction basis including origination, structuring, documentation, monitoring, and control for both South African and offshore clients. Identified and drove business development of structured finance opportunities in South Africa, the UK, and Australia.Notable Transactions• A$70m subordinated debenture funding transaction, to finance the mining operations of an LSE listed company in South Africa• A$450m Black Economic Empowerment mining transaction for an LSE listed company in South Africa• A$375m investment product for the long-term insurance industry • A$10m investment in a new office development -
Trainee Accountant/Assistant ManagerPwc Jan 2003 - May 2006Sunninghill, Johannesburg
Neil Davis Education Details
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International Tax -
Cfa InstituteChartered Financial Analyst -
Bachelor Of Commerce Honours Degree In Taxation -
Bachelor Of Commerce Degree In Accounting
Frequently Asked Questions about Neil Davis
What company does Neil Davis work for?
Neil Davis works for Lesaka Technologies Inc.
What is Neil Davis's role at the current company?
Neil Davis's current role is Chief Financial Executive | CFO | CA | Strategic Executive.
What schools did Neil Davis attend?
Neil Davis attended University Of The Witwatersrand, Cfa Institute, University Of The Witwatersrand, University Of The Witwatersrand.
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