Brokrew (Pty) LtdFinancial Director
Sep. 2009 - Apr. 2012KrugersdorpBrokrew manufactures mining ventilation equipment, and has an annual turnover is excess of R 200 million. - Reported directly to Board of Directors, Chairman of the Board and Chief Executive Officer and identified key financial drivers to guide the company to improve overall performance
- Managed supplier and stakeholder negotiations
and controlled the performance of the finance department (22 staff)
- Analysed all financial data in order to identify and implement strategy to improve overall company profitability
- Executed business modelling and due diligence processes
and controlled project costs - Implemented and managed internal controls systems to minimize financial and physical risks
- Prepared monthly, quarterly and annual information packs for the Board, shareholders and auditors - Attended monthly Board Meetings and weekly management meetings to present and explain financial statements, budgets and forecasts, variances and possible areas of improvement, and compiled annual reports
- Implemented IT support infrastructure and management information systems to improve decision-making processes Key Achievements
- Entire restructuring of creditors book totalling close to R 70 million, during cash constraint periods
- Implementing control systems, reducing costs moving company from loss making to breakeven within 6 months
- Improving financial reporting output and shortening reporting time frame