Summary
Overview
Work history
Education
Skills
Accomplishments
Certification
Affiliations
Timeline
Languages
Sean Holmes

Sean Holmes

Swakopmund,NA

Summary

Dynamic Finance Executive with international experience in all aspects of financial management enjoying a strategic yet hands-on role in a dynamic environment. 23 Years experience in multinational companies, in varied roles including Managing Director and Regional Finance Director. Excellent team building skills and commercial expertise as well as compliance and turnaround/change management experience.

Overview

23
23
years of professional experience
1
1
Certificate
2
2
years of post-secondary education

Work history

Financial Director

Manica Group Namibia (Pty) Ltd
Walvis Bay, Erongo
01.2016 - Current
  • 1.8 Bn NAD
  • Manica group Namibia is a diverse group of companies providing logistics and related services including: Clearing, Warehousing, Transport and Oil and Gas shored-based support services to local as well as international customers
  • Manica also provides specific support goods and services to the Marine industry within Namibia including the fuel bunkering services and the sale of marine lubricants, provision of Stevedoring services, ships agency services and launch services
  • Responsibilities include:
  • Present quarterly updates at various board meetings as an executive member of Board of Directors of 4 companies
  • Trustee of Bidvest Namibia Group Retirement Annuity Fund
  • Public officer of Manica Group of companies
  • Present quarterly updates at quarterly Bidvest Freight Audit Committee meetings
  • Responsible for execution of the Bidvest Authority Matrix
  • Analyse the financial climate and market trends to assist senior executives in creating strategic plans for the future
  • Project sponsor of the current ERP replacement project
  • Accountability for the full financial function across 4 legal entities as well as various divisions within the group
  • Operational responsibility for accounting and compliance functions
  • 2IC to the MD
  • Identify new business opportunities and implement strategies to successfully capitalise on these opportunities
  • Responsibility for all internal and external audit, compliance, insurance, legal and regulatory matters
  • Provide specialised forex support for large fuel bunkering transactions

Group Financial Controller

ADT Security (Pty) Ltd, Security International
Pretoria
12.2013 - 01.2016
  • Wholly owned subsidiary of Tyco, Revenue: +- US$245M
  • Customer Base: +- 420k
  • It is the largest armed response and monitoring provider in South Africa
  • The company also offers, guarding services, Installation and supply of large-scale fire detection and suppression equipment as well as other commercial and retail security offerings within South Africa as well as servicing the rest of Africa from the Johannesburg Head Office
  • Responsibilities include:
  • Attained unqualified audit opinions while being fully accountability for the financial control environment with a direct reporting line to the EMEA controllership function
  • Maintained expenditure control by implementing the Tyco authority matrix
  • Attend monthly group reporting meetings with MD and FD
  • Sucessfully managed all change initiatives as a member of the change management steering committee
  • Provide local compliance sign off on all restructure initiatives
  • Help improve overall group performance through presenting accurate and timely financial records and comparison of benchmarks and KPIs
  • Key point of contact for Business / Segment Leadership across Tyco in Growth Markets: Overview the relationship between the business units and the different finance centers across the region
  • Provide counsel to the respective business finance leaders on accounting and financial policy issues
  • Participate in all process simplification initiatives and policy implementation
  • Participate in BU reviews with applicable CFO's
  • Ensure a consistent approach across the region for policy implementation
  • Keep the applicable business finance leaders and EMEA Controller fully informed of all business issues - no surprises
  • Operational management of the Accounting, Payroll and Accounts Payable departments
  • Provide support and leadership to the finance organizations for ad hoc projects, such as due diligence on acquisitions, proper disposition of accounting issues, etc
  • Take responsibility for Finance Shared Services operating within the sub-region
  • Chairman of the Board of Trustees of the pension Fund
  • Business Process Improvement
  • Drive Finance Transformation across the Region
  • Work with global process leaders to define and implement globally consistent processes
  • Full restructured and centralisation of all back-office functions as well as supporting the operational centralisation and realignment projects.

Regional Financial Controller

G4S Africa
Pretoria
07.2013 - 11.2013
  • 450M GBP
  • The regional Financial Controller role is a consolidation of the Regional Finance Director responsibilities for the Southern and Central Africa region as well as the reporting responsibilities for the reporting and consolidation of the Africa region in total
  • Management of 6 direct reports
  • Full accountability for the finance function in the Southern and Central Africa region including Angola, Nigeria, DRC, Mozambique, Namibia, Botswana, Tanzania, Zambia and Madagascar
  • Successfully reported the monthly reporting and consolidation for the Africa region
  • Responsibility for budget and forecast review of all entities in the group as well as the consolidation and presentation for the Africa Region budget and forecasts
  • Presentation of all financial information to the Africa Executive committee.

Acting Managing Director

G4S Botswana Limited
Gabarone
11.2012 - 06.2013
  • Revenue: +-£20M
  • G4S Botswana Limited is one of the largest entities listed on the Botswana stock exchange
  • As Acting Managing Director of G4S Botswana, completed a financial clean up of the business, developed a turnaround strategy and commenced with the turnaround strategy implementation
  • Responsibilities included:
  • Full accountability for all aspects of the business for the four product offerings namely:
  • Alarm Installation, monitoring and response Business (Approx
  • 50% market share)
  • Manned Guarding Business (Approx
  • 30% Market share)
  • Cash in Transit (Approx
  • 70% Market share)
  • Facilities Management (Approx
  • 30% Market share)
  • Management of 11 Excom Direct reports
  • Compilation and presentation of the quarterly board pack
  • Presentation of the monthly management pack to the Africa Management Team
  • Liaising with media and analysts on an ad hoc basis
  • Customer satisfaction
  • Creation of shareholder value.

Regional Financial Director

G4S Africa, Southern And Central Africa
Pretoria
05.2010 - 12.2012
  • Regional Revenue: +- £120M
  • G4S Sub Saharan Africa regional office reports directly to the African president
  • G4S is the world's leading international security solutions group, which specialises in outsourced business processes in sectors where security and safety risks are considered a strategic threat
  • G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen
  • G4S has operations in more than 125 countries and 657,000 employees
  • As Regional Finance Director of G4S Southern and East Africa, responsible for the development and implementation of financial strategy in the region
  • As a member of the senior executive management team, provided guidance and support on two levels
  • Firstly, supporting the senior management of twelve African countries by assisting with financial strategy development and implementation as well as directly overseeing the performance of the financial function
  • Secondly, by reporting to the Regional Managing Director and advising on strategy and corrective action
  • The role required monthly financial report analysis and interpretation as well as regional results consolidation and presentation
  • Other responsibilities included the review of regional organisational structures and staffing, setting and communicating budget and forecast targets, analysing submissions, identifying and correcting inconsistencies, compilation of regional office, as well as various start-up project budgets
  • I also liaised with internal and external auditors, to ensure full compliance with all local and international statutory regulations in all respective countries as well as complying with group minimum reporting standards
  • Performed financial due diligence's for targeted acquisition entities as well as advising executive management on the feasibility of targeted acquisitions
  • The implementation of group standards and driving efficiencies throughout the region was an ongoing process
  • I provide technical accounting assistance and database management support on all levels
  • Successes achieved:
  • Financial strategy development and communication
  • Planning and implementation of the regions budget/forecasting process process as well as review and approval of the country budgets, compilation and presentation of the total regional budget
  • Our region successfully achieved extremely challenging budgets for 2 years running
  • Employment and management of Country Financial Directors
  • Formalisation of the monthly regional financial reporting process
  • Conducted monthly trade reviews with countries and presented results at regional trade reviews
  • Review and follow up on quarterly Financial Control and Systems Review submissions from all countries in the region
  • Site visits of all countries in the region
  • Performance of the financial due diligences of an entity targeted for acquisition
  • Financial modelling of a 100m GBP Bid proposal
  • Financial clean up of 2 previously mismanaged countries in the region
  • Completion of Internal Financial Reviews for all entities in the region
  • Appointed initial appointment was for the Central and Southern Africa region, which consisted of 10 African countries including the DRC and Nigeria
  • In February 2012 the Africa region was restructured to form the Southern and East Africa region.

Corporate Head

G4S Care and Justice Services
Johannesburg
08.2008 - 05.2010
  • A division of G4S Secure solutions

Partner

Meyer Steyn Chartered Accountants
Neslruit
02.2006 - 07.2008

Management Accountant

GSL UK LTD
Worksop
04.2004 - 02.2006
  • Later became a subsidiary of G4S

Corporate Accountant

GSL SOLUTIONS
Johannesburg
09.2000 - 03.2004
  • Later became a subsidiary of G4S

Education

Master of Business Administration - Project Management

University of Stellenbosch, Stellenbosch
2022.01 - Current

BBA - Management Accounting

Chartered Institute of Management Accountants,CIMA
2004

Accepted as an Associate member of the Chartered Institute of Management Accountants

BBA - Passed Finalist

Chartered Institute of Management Accountants
2001

B. Com Hons - Financial Management

Rand Afrikaans University
2000

B. Com (Financial Management) - Accounting

Rand Afrikaans University
2000

Skills

  • Relationship management
  • Business and financial strategy compilation and execution
  • Formulation of policies and procedures
  • Key project tender lead
  • Project sponsor/manager for major IT and business process change initiatives
  • Representation on Board of Directors
  • Representation on the Board of trustees of the group pension fund
  • Leadership
  • People development
  • Management reporting
  • Forecasting and budgeting
  • Financial management and accounting
  • Audit pack preparation and management of internal and external audits
  • People management and team development ranging from large, central teams to diverse cross border teams
  • Financial modelling
  • Risk management
  • Project management
  • Change management
  • Assembling and leading high-performance teams, combining performance management and people development skills with strong leadership to support the business in all aspects
  • Combining financial analysis with operational metrics to quickly identify weaknesses and risks which require immediate attention
  • Formulating and implementing business strategies to capitalise on opportunities and mitigate identified risks
  • Design and implementation of strong processes and procedures which ensure a sound control environment and allow management to focus on running the business
  • Leading major business change initiatives to deliver maximum benefit at the most economical cost

Accomplishments

  • Supported the diversification and realingment of Manica Group Namibia resulting in the financial recovery and exceptional growth of the business
  • Sucessful implementation of the Accumatica ERP system as well as supporting many other software implementations
  • Supported the sale of the South African division of Tyco (ADT Security Solutions) to Fidelity as a member of the team responsible for the sale
  • Implementation and sucessful turnaround of the G4S Botswana business
  • Supported the alignment of all 27 African Entities to the monthly group finanacial reporting standard of G4S
  • Sucessful alignment of all responsible countries in the Central and Southern African region to the G4S group financial reporting standard and IFRS requirements including formalisation of numerous outstanding Annual Financial Statement reports

Certification

FIMA Bill training Management Development training attended in 2022.

Affiliations

  • Associate member of the Chartered Institute of Management Accountants.
  • Other Committees served:
  • Trustee of the Bidvest Namibia Pension Fund.
  • Chairman of the board of trustees of the two ADT provident funds. Representation on the Risk and Audit committee.

Timeline

University of Stellenbosch - Master of Business Administration, Project Management
2022.01 - Current
Financial Director - Manica Group Namibia (Pty) Ltd
01.2016 - Current
Group Financial Controller - ADT Security (Pty) Ltd, Security International
12.2013 - 01.2016
Regional Financial Controller - G4S Africa
07.2013 - 11.2013
Acting Managing Director - G4S Botswana Limited
11.2012 - 06.2013
Regional Financial Director - G4S Africa, Southern And Central Africa
05.2010 - 12.2012
Corporate Head - G4S Care and Justice Services
08.2008 - 05.2010
Partner - Meyer Steyn Chartered Accountants
02.2006 - 07.2008
Management Accountant - GSL UK LTD
04.2004 - 02.2006
Corporate Accountant - GSL SOLUTIONS
09.2000 - 03.2004
Chartered Institute of Management Accountants,CIMA - BBA, Management Accounting
Chartered Institute of Management Accountants - BBA, Passed Finalist
Rand Afrikaans University - B. Com Hons, Financial Management
Rand Afrikaans University - B. Com (Financial Management) , Accounting

Languages

English
Fluent
Afrikaans
Fluent

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Sean Holmes