Stephen Abrahams Ca (Sa) Email & Phone Number

Cape Town, Wc, Za

City Of Cape Town, Western Cape, South Africa

Cape Town, Western Cape, South Africa

South Africa

Cape Town Area, South Africa

Cape Town Area, South Africa

Division provides Woolworths with an efficient centralised finance service Incorporating Accounts payable, accounts receivable, fixed assets, inventory, imports, real estate and central accountingReported to the Group Finance Director, responsible for a finance team of 120 people, with 2 Finance Managers and 2 Procurement Managers. Achievements:• Maintained a track record of incident free back office processes whilst improving Working Capital ratios• Involved in the… Show more Division provides Woolworths with an efficient centralised finance service Incorporating Accounts payable, accounts receivable, fixed assets, inventory, imports, real estate and central accountingReported to the Group Finance Director, responsible for a finance team of 120 people, with 2 Finance Managers and 2 Procurement Managers. Achievements:• Maintained a track record of incident free back office processes whilst improving Working Capital ratios• Involved in the realignment of the finance department to more effectively support the Woolworths Group’s growing portfolio (e.g. recent acquisition of David Jones) • Finalised proposed automation of back-office processes (moving towards a paperless environment)• Increased NTP spend oversight from 8% to 62% over the past 5 years (spend of approximately R5bn)• Head of Central Finance responsibility added to the role in 2012 when previous head passed away• Speaker at The Smart Procurement conference in 2015 and 2012 Show less

Cape Town Area, South Africa

The non-trade procurement division covered all goods and services not sold to the public, such as logistics, facilities, corporate services, consumables recruitment, etc.Reported to the Group Finance Director, with 4 procurement managers covering Operations, Logistics, Corporate Services and Fixed Assets.Responsible for the strategic and operational management of the division• Design & development of Group Procurement Strategy to deliver targeted savings & ancillary… Show more The non-trade procurement division covered all goods and services not sold to the public, such as logistics, facilities, corporate services, consumables recruitment, etc.Reported to the Group Finance Director, with 4 procurement managers covering Operations, Logistics, Corporate Services and Fixed Assets.Responsible for the strategic and operational management of the division• Design & development of Group Procurement Strategy to deliver targeted savings & ancillary benefits.• Ensured engagement & support from key stakeholders (EXCO) to ensure optimal compliance• Optimised supplier management processes• Developed sourcing strategies for each category of spend • Provided specialist advice on best practice procurement to departments; including risk assessment and management of sourcing strategies, analysis of spend, supply markets and savingsAchievements:• Researched and completed a business case which led to the establishment of the specialist non-trade procurement department• Established a centralised team of procurement professionals • Formalised relationships with suppliers and changed source of supply, saving the company >R180m over 5 years• Changed the sourcing model from local to international with significant material savings• Undertook benchmark to compare Woolworths NTP to UK-based retailers and implemented learnings Show less

Cape Town Area, South Africa

Appointed to assist the former Group MD Woolworths Retail (Andrew Jennings), with the formulation of a new strategy for the South African retail business, encompassing the creation of a revised Company Vision, Mission Statement and Customer Proposition, as well as a measure system for the execution thereof.Portfolio included: Marketing, Clothing, Foods, General Merchandise, Online Business, Stores and FranchisesRole provided significant exposure to the broader business from… Show more Appointed to assist the former Group MD Woolworths Retail (Andrew Jennings), with the formulation of a new strategy for the South African retail business, encompassing the creation of a revised Company Vision, Mission Statement and Customer Proposition, as well as a measure system for the execution thereof.Portfolio included: Marketing, Clothing, Foods, General Merchandise, Online Business, Stores and FranchisesRole provided significant exposure to the broader business from both strategic and operational perspectives. Show less

Cape Town Area, South Africa

Headed up Finance mangement of Support Services for Woolworths which include Supply Chain, IT, HR, Finance, Directorate and Corporate Governance. In charge of a team of about 20 people including 3 CA's. Responsible for Monthly Management accounts including Board packs, variance analysis, budgets, forecasting, Capex projects

Cape Town Area, South Africa

These positions provided financial planning and performance management decision-making support to Business Unit Directors, aligned with the achievement of their strategic goals. • Head of Finance – Support Services - May 2008 to Jun 2009, encompassing:o Supply Chain & Logisticso Financeo ITo Human resources o Directorate & Corporate Governance. • Finance Manager – Corporate Stores - Aug 2006 to Apr 2008• Finance Manager – Supply Chain - Nov 2004 to… Show more These positions provided financial planning and performance management decision-making support to Business Unit Directors, aligned with the achievement of their strategic goals. • Head of Finance – Support Services - May 2008 to Jun 2009, encompassing:o Supply Chain & Logisticso Financeo ITo Human resources o Directorate & Corporate Governance. • Finance Manager – Corporate Stores - Aug 2006 to Apr 2008• Finance Manager – Supply Chain - Nov 2004 to Jul 2006• Finance Manager – Franchise division - Jun 2003 to Oct 2004Achievements• Significant VAT exposure (>R200m) highlighted and resolved (2003)• Realignment of Supply Chain from profit centre to cost centre leading to greater transparency of costs resulting in negotiated savings of R17m p.a. (2005)• Realignment of corporate stores finance support – creating a saving of headcount costs of R4m p.a. (2008)• Identified and eliminated cost wastage to the value of R10m in 2004 through renegotiation of territorial rights• Involved in significant capital investment projects. Most notably the building of the Woolworths Midrand Distribution Centre in 2006. Show less

Cape Town Area, South Africa

• Finance Manager - Woodstock Processing Plant• Group Financial Controller – Head Office:o Consolidation of Group Financial Statementso Consolidation of Group Taxo Consolidation of Group Budgetso Treasury and forex management• Divisional administration manager - Head Office

Noorder-Paarl Area, South Africa

Saldanha Area, South Africa

Factory Management AccountantFleet AccountantFinancial Accountant

Ca (Sa), Finance, General

Honours B Compt, Accounting

B Com, Accounting