Financial Controller Chief

Walter Mubai (age **)

Contact Information

Address: ** ******* ******,*********, ********,

Phone: +27-82-296-****, +27-83-229-****

Email: *******@*****.***

Professional Summary

I am a seasoned finance professional with a proven record in architecting financial strategies, optimizing value, and leading multifunctional teams. With extensive hands-on experience in M&A, risk management, and innovative cost-containment, I have consistently delivered tangible results. I am a strategic partner, value creator, and data-driven finance professional with a focus on risk management innovation, performance management, and digital transformation. Specializing in strategic finance, I am also a change agent who excels in cross-functional collaboration. My approach is centered on driving innovation, managing risk, and maximizing performance to achieve business goals and create shareholder value.

Skills & Abilities

Finance Master: Profound expertise in Financial Management and Accounting.

Strategy Lead: Robust acumen in Strategy Development & Execution.

M&A Specialist: Expertise in Due Diligence, Business Valuations, Exit Strategies, and Fund Raising.

Active Portfolio Mgt: Comprehensive insight into Active Portfolio Mgt, Asset Allocations, and Value Creation.

Software Optimisation: Financial Technology and Automation

Value Innovator: Profit Maximisation through business analysis, cost structuring, and value driver acceleration

Pension Fund Steward: Principal Officer of a Pension Fund of 550 million ZAR (~40 million USD).

Education

Master of Science in Finance: Bayes Business School (City, University of London)

Fellow: Association of Certified Chartered Accountants (FCCA)

Fellow: Chartered Institute of Management Accountants (FCMA, CGMA)

Professional Experience

Consulting & Transformation Lead

KSM Holdings (AVM Africa, FMC Finance, Central Air Travel), Remote, Mar ’24-Present

Key Responsibilities

Fundraising: Leading fundraising efforts to secure capital for strategic initiatives and growth projects.

Business Remodeling: Implementing business model transformations to improve efficiency and market responsiveness.

Business Development: Driving business expansion through strategic planning and identifying new market opportunities.

Balance Sheet Restructure: Optimizing the balance sheet to achieve a stronger financial position and support growth.

Capital Raising: Developing and executing fundraising strategies to fund key business projects.

Acquisitions: Supporting M&A activities by providing financial analysis, due diligence, and strategic advice.

Preparation of Information Memoranda for presentation to potential Funders

Current Project: USD 48 Million Fundraising prepared and presented to Regional DFI for Export Project.

Chief Financial Officer

Atlantis Foundries (Daimler Trucks), Cape Town, South Africa - Aug 2019-Feb 2024 (Industry (Manufacturing)

Key Achievements:

Spearheaded cost-restructuring for significant revenue and profitability growth, emphasizing value creation.

Led business reorganization for agility and market responsiveness, driving organizational change.

Formulated and executed robust risk management plans, fostering innovation through balanced risk management.

Integrated financial technology and automation, improving efficiency with real-time analytics.

Optimized investments and strategic planning for a R550m Pension Fund, ensuring sound financial performance.

Managed fundraising for a 750 million ZAR Solar Power Plant, promoting innovative financial strategies.

Improved working capital cycles, focusing on key performance metrics and KPIs.

Designed and implemented a Value Optimization Strategy to maximize shareholder value, identifying value opportunities and presenting value creation plans to stakeholders.

Led cross-functional teams, aligning financial strategies with overall objectives, and modernizing financial systems.

Drove change management efforts, including redesigning the business model for the Fourth Industrial Revolution (4IR) and optimizing production and cost drivers through analytics.

Identified and pursued opportunities for vertical integration within the company's operations.

Restructured the balance sheet to achieve an optimal capital structure.

Developed and implemented financing strategies that maximized shareholder value and optimized working capital.

Aligned the current business model with the reimagined model to ensure strategic alignment.

Utilized analytics, particularly predictive and prescriptive analytics, in decision-making processes to drive business performance.

Collaborated with data scientists to remodel maintenance cost drivers, reducing downtime, and optimizing costs.

Group Chief Financial Officer

Kamoso Africa, Gaborone, Botswana - Sept 2017-May 2019 (Industry (FMCG, Retail, Pharma, Manufacturing)

Key Achievements:

Implemented cost restructuring and margin-boosting strategies, resulting in increased profitability.

Collaborated with general managers to develop detailed financial forecasts for various business units.

Ensured quality control over financial transactions and reporting processes.

Provided support for month-end and year-end close processes.

Developed and documented business processes and accounting policies to maintain and strengthen internal controls.

Prepared detailed working capital analyses for business units.

Managed the implementation and harmonization of financial systems across business units.

Oversaw and audited cash management and treasury activities, including cash flow forecasting.

Prepared and published timely monthly consolidated management accounts, overseeing variance analysis, KPI tracking, and reporting.

Researched technical accounting issues, managed and complied with reporting requirements and tax filings, and kept abreast of changes in financial regulations and legislation.

Streamlined working capital and capital structures, optimizing financial resources.

Enhanced internal and external financial communication frameworks, improving transparency and efficiency.

Upheld corporate governance standards, ensuring compliance with regulatory requirements.

Directed cross-functional teams across Finance, IT, HR, and Purchasing, achieving strategic goals.

Country Financial Director

Innscor Zambia, Lusaka, Zambia - Apr 2013-Mar 2017 (Industry (Retail, FMCG, Manufacturing)

Key Achievements:

Devised an empowering Finance and accounting strategy, driving financial success and organizational growth.

Managed, analyzed, and reported key performance indicators, business risks, and objectives to executives and directors.

Evaluated financial information to maximize business outcomes, identify market changes, and develop new business opportunities.

Ensured commercial controls of finances, resources, and contracts to meet strategic goals.

Provided and promoted the use of planning tools, organized activities effectively, and supervised progress monitoring.

Fostered a culture of mentoring and coaching, conducted performance appraisals, and motivated team members.

Set clear direction and targets, empowered the finance team, and promoted a culture of change and innovation.

Developed and maintained import/export matrices, coordinated imports, reviewed import costs, and coordinated with clearing agents.

Translated company values and strategy into performance, implemented policies that enhanced strategic objectives, and understood broader trends affecting the business.

Made decisions in line with strategic goals, balanced decisiveness with consultation, and took personal responsibility for addressing issues.

Acted as a role model for initiative and drive, promoted ownership of objectives, and evaluated achievability of targets.

Spearheaded hedging and foreign currency tactics, mitigating financial risks and enhancing profitability.

Led transformative restructuring initiatives, optimizing business operations, and improving efficiency.

Mentored and nurtured talent, developing a high-performing team.

Group Chief Financial Officer

TUV Rheinland, Pretoria, South Africa - Jan 2008-Mar 2013 (Industry (Quality Assurance, Technical Services))

Key Achievements:

Integrated TM1 Cognos for expedited monthly reporting, improving efficiency and accuracy.

Produced and reviewed monthly management accounts and board packs, including income statements and variance analysis.

Developed annual and monthly budgets, forecast spreadsheets, and monitored expenditures against budgets.

Developed and produced cash forecasts on a daily, weekly, and monthly basis to support strategic decision-making.

Formulated financial and taxation strategies aligned with overall growth and operational goals.

Ensured robust procurement processes, accurate recording of purchase orders and supplier payments, and adherence to BBBEE Level requirements.

Coordinated legal activities, maintained the risk register, managed statutory legal returns, and ensured compliance with regulations.

Provided policy advice to the Board on distribution and retention policies based on growth strategy and shareholder needs.

Formulated a robust Risk Management Framework, enhancing risk mitigation and compliance, managing treasury risks, reviewing internal controls, and coordinating internal audits.

Advised the Board on capital raising strategies, including M&A, to minimize the cost of capital.

Communicated financial policies to internal and external stakeholders and presented financial performance at board meetings.

Synthesized local and global growth strategies, driving business expansion and market penetration.

Directed a committed team of 18, achieving strategic objectives and financial targets.

Assistant Finance Manager

Friedshelf863, Sandton, South Africa - Jan 2006-Dec 2007 (Industry (Construction, Buying House)

Key Achievements:

Achieved optimized ROI through strategic investment analyses, driving profitability and financial performance.

Conducted detailed investment analysis using NPV and IRR, advising executives on project viability.

Advised executives on financial constraints impacting investment targets.

Prepared forecast cash flows for projects, incorporating risks affecting investment decisions.

Set policies for fixed asset replacements, optimizing capital expenditure.

Established working capital management policies, improving cash flow efficiency.

Managed receivables and payables, analyzing discount opportunities for cost-effectiveness.

Prepared weekly cash budgets, optimizing cash utilization.

Optimized cash management across the group, ensuring compliance with statutory requirements.

Implemented a new ERP system, streamlining business processes and enhancing operational efficiency.

Assistant Accountant

Belela Holdings, Pretoria, South Africa - May 2001-Dec 2005 (Industry (Construction)

Key Achievements:

Directed the financial accounting function, ensuring accurate and timely financial reporting.

Supervised trade receivables and payables reconciliations, general ledger reconciliations, and fixed assets maintenance.

Developed and updated accounting policies and procedures to adapt to changing operating environments.

Prepared monthly management packs, assisted with budget preparation, and provided analysis on budget variances.

Processed intercompany journals and reconciled intercompany accounts for consolidation.

Reviewed cash book entries, prepared cash budgets, and managed cash flow projections.

Assisted with audit preparation, analyzed internal controls, and computed VAT, PAYE, and other tax liabilities.

Assisted in project budgeting, cost reporting, and risk assessment for various projects.

Provided strategic analysis, including PESTEL analysis, to support decision-making and planning.

Assisted in setting up project parameters, budgeting, critical path analysis, and risk assessment for projects.

Provided financial analysis and decision support for investment, financing, and strategic planning activities.

Prepared critical budgeting and forecasting documents, supporting informed decision-making.

Assisted in audit preparations and project management, ensuring compliance and successful project delivery.

Led a team of 5, fostering a collaborative and high-performing work environment.

Cost Accountant

EWK Manufacturers, Harare, Zimbabwe - Jan 1997-Dec 2000 (Manufacturing)

Key Achievements:

Managed product costing from work in progress (WIP) to finished goods, ensuring accurate cost allocation.

Accounted for scrap, abnormal loss, and normal loss, analyzing their impact on overall costs.

Conducted forecasting, budgeting, and variance analysis to support financial decision-making.

Prepared management reports on major cost drivers and recommended strategies to manage them effectively.

Analysed foreign currency movements, particularly in relation to the US Dollar, and developed strategies to minimize disparities and manage risks associated with currency fluctuations.

Contact this candidate