*

CHRISTO BOTES

Chartered Accountant CA (SA)

Certified Financial Planner (CFP)

Cell: +27-76-941*-*** Email: admtnx@r.postjobfree.com

Personal details

Resident

Date of Birth

Nationality

Drivers Licence

Languages

Marital status

Cape Town, South Africa

83/11/16

South African

Code B

English and Afrikaans

Married to Swiss National, with two kids

Education

Professional

qualifications

2010: Certified Financial Planner (CFP)

2008: CA (SA), CPA – Articles completed 2008 with Deloitte Higher education 2005: Honours in Accounting – University of Stellenbosch 2002 – 2004: B-Rek in Accounting – University of Stellenbosch Secondary education 1999 – 2001: Bellville High School – Cape Town 1997 – 1998: Sentraal Hoerskool - Bloemfontein

Skills

• IFRS, US GAAP • Budgeting and

forecasting

• Turn-around • Obtaining additional

funding

• Financial, management

and project accounting

• Financial analyses and

commentary writing

• Private-equity • Development and

implementation of

travel policies

• Mergers and

Acquisitions, DCF,

Valuations

• Procurement and

Accounts Payable

• Forex and treasury • Accounts payable and

working capital

management

• Finance leases,

operating leases

• Strategic decision

making

• Maintenance • Internal controls

• Risk management • Financial reporting • Human rights reviews • Auditing

• Cash management • Cost management and

saving strategies

• Multi-currency

reporting

• Consolidations

• Tax review and

submissions

• Contract management

and legal disputes

• BEE experience • Property, leases, buy

and sell

• Project accounting • Tenders • RFP`s • HR and project bonus structures

2

Adding value

Improving profits • Renegotiated various contracts, implemented cost saving strategies saving the company between

$20-$40m, maintenance vs. purchase of new equipment, long standing contracts renegotiated

• Implemented project management and new costing systems for a services and construction, companies, resulting in turning the company around from a $1m loss to a $1.5m profit in a year. Cash management • Renegotiated and acquired additional funding from banks and invoice factoring houses to prevent the business from having to sell its minority shares due to severe cash flow constraints. Legal/Contracts • Identified and resolved major legal issues (understanding your contracts) for the company before it was too late. E.g., clients with cash problems, NDA problems, reporting of risk assessments to the board.

Legislation and

regulation

• Application of up to date BEE code and new code and a BEE merger

• Expert IFRS/GAAP knowledge.

• Consistent clean audit reports.

New business

ventures and

products

• Expert in obtaining additional funding, assessing new projects viability and performing costing and DCF and IRR calculations

• Strong business acumen to manage and grow the business like it was my own. IDC experience. Supplier

Management

• Renegotiate terms and settlement discounts with major suppliers. Supplier improvement projects. Maintain relationships with suppliers. Working capital management. Costing and finance

• Technical leader in finance. Strong project costing and managing of costs and open PO’s to budgets. Strong production, manufacturing, % completion, milestone accounting, dealing with contractors/sub contractors and project management and technical experience. Work experience

1 Aug – To date

Endeavour

Mining (recently

acquired Teranga

Gold. Listed

Canadian Gold

Miner)

Site based 8/4 –

Burkina Faso

Commercial Manager back to back (Senior Finance Advisor) - $200m Revenue – Teranga Wahgnion Site Admin (team of 10), IT (6), Supply (30), Finance, Tresoursie and Accounts Payable (14) reporting to this role. Supply, accounts payable, IT, banking, commercial admin, cost accounting and corporate reporting. Zero budgeting, forecasts, external internal audits. Writing most of the site finance SOP`s and setting up processes. Business improvement, cost control. First two ratings exceeding expectations and promoted after six months. Hired top quality cost accountants, trained them up in 1 year to be very capable. Always looking for ways to improve business processes, pronto (ERP) integration, new BI tool, reporting. Cash flow forecast and management. Setting up Gold shipment process from begining to refinery. Staff management, good communication and forward looking based on assessing risk and opportunities. Dec 2020 Annual review, exceeding expectations rating and up for early contract renewal. Reason for leaving: 2 Year contract nearing completion in July 2021. Considering alternative challenges. March 2019 – July

2019

AEEI (Listed

Investment

holding company)

Group Finance and Operations Manager (Business sector COO) Group reporting and consolidation of 20 companies. Press releases and interim results. Operational performance review and strategy review. Subsidiary valuations review . New IFRS 9 and 15 impact assessments. Business combinations and associates and loss/gain of control IFRS 10. SAP Implementation. Corporate finance and PPA. Group companies include Premier Fishing (listed), AYO Technologies (Listed) and various other entities. Operations + financial management. Reason for leaving: Historic group irregularities in a public listed company became public, uncertainty. Oct 2018 – Dec 2018

Glencore DRC

(Listed) – 8/4

Budget and Forecasting Manager in the DRC

Re-design LOM from tonnes mined to final tonnes produced and costing analysis, monthly reporting, cash flow and scenario building. $1b revenue, $6b total assets – KCC mine. Reason for leaving: Retrenched. Budget constraints. 3

July 2017 – Oct 2018

Efficient-

Trotech

Head of Finance (PE Fund company)

Full financial management of Efficient Trotech and group companies (PE fund companies with turnaround strategy and goals for PE Fund RMB, FNB Corevest Private Equity)

(Engineering/Manufacturing/Construction) (7 direct reports, BEE 2) Tender and costing reviews. Turnaround. Private Equity. Operations. Working capital and cash flow management. Project costing template design and management. Revenue recognition. New acquisition MOU`s and financial model business case review. Design and implement new procurement system/IT. Implement approval limits and open PO tracking. Funding. Set-up new projects. Reason for leaving: Leaving South Africa due to economic instability. July 2015 – June 2017

CWCSA

Finance and Operations Director (Private Equity)

Full financial management. Project costing of weighbridges, from manufacturing, to install, to completion, maintenance agreements and finance options. Finance leases and operating leases. Review finance applications of clients. Supplier and working capital management. Strategic thinker, excel specialist, break even assessments. IDC business plans submission. BEE structures and BEE audits. Supplier agreements, subcontractor agreements, back to back t’s and c’s reviews. Tender submissions. ISO, Quality reviews, procurement and supplier system implantations Reason for leaving: Needed a more challenging role. April 2013 – May

2015

The Training

Room Online

(TTRO)

Cape Town

Finance and Operations Director (Private Equity)

Full financial management of The Training Room Online Responsible for all financial processing in Pastel, Cash flow management, Budgets, Cash flow forecasts, Strategic decision making, Costing of projects and project management, HR, IT, customers, supplier invoicing, payments, cost saving strategies, year-end audit and financials, tax submissions for VAT, employee taxes, BEE, tenders, Sales review, acquisitions, banking, payroll and monthly reporting. New project/revenue pipeline assessments.

Reason for leaving: 2 year contract.

June 2012 –

December 2012

African Barrick

Gold

(Multinational-duel

listed) Tulawaka

Mine Tanzania

African Barrick has 4

mining operations in

Tanzania and a

number of

exploration projects.

The Corporate

Finance Department

in Johannesburg

receives information

from the operations

and handles

consolidation.

Financial Manager, at in Tanzania

• Preparation, coordination and analysis of the bi-weekly internal management reports

• Communicate effectively with corporate/HOD`s to coordinate timely submission of management reporting and forecasting related information and interpreting these submissions

• Perform special projects for business optimisation and cost saving strategies

• Timely analysis and reporting of long term budgets and strategic plans

• Reporting of weekly production, operational reports and daily management meetings

• Assist AP and supply chain to resolve PO, invoice, accruals, stock and payment related issues

• Pronto costing/accounting and resolving mine stats queries and assistance

• Providing financial analysis and interpretation

• Financial modelling to support business decision making processes

• Analysis for year-end reporting i.e. impairment reviews, sensitivity analysis

• Review and analysis of the commercial and business aspects of the existing operations (including Life of Mine Plans) to ensure that they are aligned to the Group’s strategic requirements,

• Development (and review) of economic models, capturing all technical and commercial considerations in order to evaluate current and new business opportunities (this covers all aspects of the exploration to mining value chain), Staff development initiatives and training

• Involvement in ad hoc business development / optimisation exercises

• Providing support to the CFO, Technical team and other key decision making bodies

• Cash management on site, Petty cash and policy management and gold sales

• Oversee the IT, supply and accounts payable departments Reason for leaving: Fixed 6 month contract completed. 4

November 2010 –

June 2012

African Barrick

Gold

Johannesburg

Financial Reporting Analyst

• Was responsible for the two biggest mines, one open pit and one underground, plus the corporate accounts for Dar E Salaam, Johannesburg, Barbados & London. (The split was approximately 60% management and 40% financial accounting.)

• Assist in the preparation, coordination and analysis of the monthly internal management reports

• Communicate effectively with site/corporate units to coordinate the timely submission of management reporting and planning related information and interpreting these submissions

• Ensure appropriate integration between financial accounting systems and reporting tools to enable accurate and timely reporting

• Assist with the design and implementation of computer assisted financial analysis & reports

(HPB and HFM);

• Participate in special projects as required

• Timely analysis and reporting of long term budgets and strategic plans

• Reporting of the monthly OPCOM, GM OPCOM, Executive report, Capital report, Foreign cash balance report, PPE rolls, Exploration reports

• Reporting of quarterly production, weekly production, operational press releases and listing requirements.

• Consolidation of group, top level entries and month end close

• Assist AP and supply chain to resolve freight, MIT and GRNI related queries

• GCOA implementation and creating a standard set of accounts and definition book for all pronto users

• Pronto costing/accounting and resolving mine stats queries and assistance

• Providing financial analysis and interpretation

• Preparation of the annual financial statements

• Financial modelling to support business decision making processes

• Conducting analysis to support key business metrics and strategies

• Analysis for year-end reporting i.e. impairment reviews, sensitivity analysis

• Review and analysis of the commercial and business aspects of the existing operations (including Life of Mine Plans) to ensure that they are aligned to the Group’s strategic requirements,

• Development (and review) of economic models, capturing all technical and commercial considerations in order to evaluate current and new business opportunities (this covers all aspects of the exploration to mining value chain),

• Involvement in ad hoc business development / optimisation exercises

• Providing support to the CFO, Technical team and other key decision making bodies Reason for leaving: To gain expat more practical mine site experience, normally only granted after 10 years mining experience

5

May 2009 – October

2010

LDP

Stellenbosch

Auditing and related

services firm (6

Partners and 5

Directors)

Audit Manager

Duties

• Same as at Deloitte – see below

• Financial management support – management accounts, tax and VAT return submissions, financial statements

• Review and manage up to 20 staff at a time

• Running up to six audits at a time

• Pastel and accounting issues

• Restructuring, tax, VAT 201, salary issues

• Inventory audits

• BEE certificates and secretarial duties

• Full IFRS financial statements

• Audit Budgets review

• Client going concern and cash flow reviews

• Management accounts review

Clients

Audit manager on the following:

Commerce

• Element Construction Engineering

• Dennis Mos Architects

• N1 Bricks and Blocks

• Tubestone Tyres

• Asara, Dornier, Chamonix and Kanu wine Farms, Imibala Orchards

• Sakhiwo Health Solutions (Medical)

Attorney audits

• Cluver Markotter Attorneys

Property audits

• Bluezone Property group

• HFS Property group

Reason for leaving: To gain more commercial and corporate experience in Johannesburg 2009 (3-month

contract) JIT

Deloitte &

Touche

Dubai

Auditing and related

services firm (13

Partners and 54

Directors)

Audit Supervisor

Clients

Banks

• Natixis Bank (Listed) – Loan book USD 315mil, Listed in FRANCE Entertainment

• E-vision (Dubai Cable TV) – Revenue USD 380 mil

Construction

• Agreed upon procedures Senior for Serco Middle East (Construction – Aviation and the Dubai Metro-rail), Listed in the UAE

• Areva Construction (Milestone revenue project accounting) – Revenue USD 380 mil, Listed in the UAE

• Target Construction (% Completion revenue project accounting) – Revenue USD 320 mil, Listed in France

Reason for leaving: To gain smaller audit firm experience, to learn more about business, individuals, trust and tax

2006-2008 Articles

Deloitte &

Touche

Cape Town

Audit Senior

Duties

Financial services articles, with a few commercial clients like KFM and PPC Reason for leaving: To gain international work experience in Dubai 6

Additional information

Computer

Experience

Advanced excel 2016 Dashboard Training, Hyperion Planning and Budgeting, HFM, FDM, Pronto (ERP), Clickview, Powerpoint, Excel, Word, ACL, Caseware and AS2 (Deloitte in-house accounting software), basic SAP (ERP), Pastel Partner and Evolution (ERP) and Great Plains Accomplishments • Exceeding expectations performance reviews with current Teranga Gold

• Star performer per MD at current Efficient Trotech Head of finance role: “ The best we ever had’’

• Overachiever at African Barrick Gold, getting the opportunity to work on site, normally only granted after numerous year mining experience – but my technical knowledge and operational impact was more effective than your traditional accountant – per FD from African Barrick Gold

• Deloitte award for embracing Diversity

• Deloitte award for hard work and appreciation

• Deloitte award for magnet for top talent

• University (Maties) 1st team Rugby

• University (Maties) Athletics sprinter 100m / 200m / 4x100m relay Leadership High School

• Matric Tennis Team captain and No 1

• Matric Cricket 3rd Team captain

University of Stellenbosch

• Varsity first year’s representative for the Dagbreek Residence

• Varsity second year’s representative for Dagbreek Work – Deloitte

• Deloitte Financial Services First Year Representative

• Member of Deloitte Sports & Recreation Committee Hobbies • Spending time with my two children, Chloe (6 years) and Christopher (4 years)

• Camping

• Playing golf

• Buying, selling properties and keeping track of trends in the commodities, property

• Consulting and assessing new ventures

• Passion: private equity, the mining industry, operations and a challenging environment to make a difference (forward momentum)

Contact this candidate