Yusuf Dukander
Chartered Accountant
Johannesburg
Summary of Career
1. My job function expands across finance business partnering, strategic planning, internal financial control, and direct oversight of the Group Services legal entity.
2. Develop the 3-year budget and 2-plan years and annual operating plan part of strategic financial planning: this is a focus area to ensure capital allocation and operational spend achieves bottom-line growth in a highly regulated environment.
3. Working capital and investments: managing cash flow with strong oversight of our collections process from clients and partners and conduct financial due diligence, modelling and provide business intelligence presentations to assess investment opportunities/ capital projects and its ROI.
4. Revenue management: conduct revenue analysis and support with optimal pricing strategies for product VP to improve profitability, commission structures and customer retention. Top line growth requires strong focus in a competitive market.
5. Build a multidisciplinary team: with resources constraints, I develop and coach the team to serve as trusted business partners resulting in better team coordination and being able to work in cross-functional, multi-cultural settings managing projects to completion.
6. Leading technology business transformation programs: we will observe higher levels of productivity and retain our top talent from efficiencies gained through system requirements and technologies for the global business.
7. Stakeholder relationship management: in this role, I will utilize my time appropriately and collaborate with department heads and work closely with operational teams to develop and track financial scope responsibilities translating into business decisions. I look forward to representing the organization with visible leadership, diligence, innovative thinking and serving as a proud brand ambassador.
8. Review and approve all material investments including capex and contracts with suppliers and preparation of the business case.
9. Working closely with the Finance CoE and transactional processing hubs to drive synergies and introduce group wide efficiencies.
10. Review and sign-off Group payroll monthly.
Experience as Chief Financial Officer
Alexander Forbes Group Holdings Limited
01 March 2019
28 February 2022
Location: South Africa and managed certain African countries from SA
I report into the Group CFO who reports to the CEO. I am a member of the Platform and Vertical EXCOs including various governance structures across the Group’s matrix setup with certain responsibility for Botswana, Channel Islands, Namibia, and Nigeria.
My job function expands across finance business partnering, strategic planning, internal financial control, and direct oversight of the Group Services legal entity.
My organogram structure and management span include: 5 direct reports and total of 66 experienced and passionate staff with long service awards.
- All aspects of finance including the delivery of FP&A, financial reporting, and risk management:
- Responsible for the delivery of the Divisional financial goals.
- Accountable for leading the annual budget process (including global business hubs), development of presentation material to Group Exco and the Board, management reporting, and business insights to senior leadership.
- Formulating the 3-year budget and 2-plan years’ budget model part of strategic planning for the Group.
- Direct oversight of Group Services legal entity, monthly flash commentary, bi-annual and annual financial reporting sign-off.
- Accountable for Group Services, Group IT and Centres of Excellence (CoE) recharge model including compliance with transfer-pricing legislation.
- Responsible for setting up In-Country affordability discussions with the respective Managing Directors for Botswana, Channel Islands, Namibia, and Nigeria legal entities.
- Working closely with the Finance CoE and transactional processing hubs to drive synergies and introduce group wide efficiencies.
- Improvements in the Group’s cost transparency, optimization and rationalization programmes improving the use of applications and software licenses.
- Review and approve all material investments including capex and contracts with suppliers and preparation of the business case.
- Review and sign-off Group payroll monthly.
- Risk management and adoption and implementation of good governance practices including financial policies and delegations.
- Input into strategy, senior leadership and KPI development: this improved the behaviour and culture in my team significantly. My line leaders and management team know their KPI’s, and I have an engaging but firm relationship with them. They are empowered and support each other to execute accordingly.
- I actively develop the team and hit our targets on a consistent basis by creating a problem-solving and solution-making environment.
- Sourcing and supply chain management through leading the Group’s centralized procurement function.
- Consolidate and reduced the number of contractual arrangements for the national property and facilities management portfolio.
- Optimization of the Group’s property lease arrangements.
Experience as Senior Manager: Financial Operations
Momentum Metropolitan Holdings Ltd
01 January 2015
28 February 2019
Location: Cape Town, South Africa
My organogram structure and management span include: 6 direct reports and a total of 61 experienced staff, some who held long service awards more than 20 years.
All aspects of financial management, control and financial reporting including:
- Liaison with other department heads to improve communication and efficiencies.
- Manage the internal and external audit component, ensuring budgets are met and the go-to-person for any issues related thereto.
- Present related issues to the audit committee with clear confirmation that all issues raised have been adequately resolved.
- Ensure that my team and I are kept up to date with all aspects of IFRS, company and tax legislation and governance and compliance rules.
- Manage various important client relations at Board level. This is a large component of my executive functionality with a team of highly competent managers to handle day-to-day matters.
- Assist my line manager with special projects which arise regularly largely around strategy execution and reduction in our cost base up to 15% over a 3-year period.
- Work closely with the IT component to ensure the matters I need resolved are prioritized and actioned.
Experience as Director of Finance / Business Owner
Bodytec
31 August 2018
30 November 2022
Location: South Africa
Electro Muscle Simulation (EMS) studio utilized as strength training tool for healthy subjects and athletes including rehabilitation and preventive tool for members to improve mobility.
Sale of the Business concluded November 2022 with a 4-week handover.
Other 30 April 2009
Registered as a Chartered Accountant (SA)Matric 31 December 2004
Honors Bachelor of Accounting Sciences, UNISAOther 31 December 2012
Programme in Risk Management, UNISA