Andrea Weyers

Head of Finance for Africa Cluster which includes main markets such as Egypt, South Africa, Algeria, Morocco, Tunisia, Kenya & sub-sharan Africa. Current sales in scope USD66m

• Collaborated with senior leadership to develop and implement turnaround initiatives, resulting in improved financial performance
• Provided critical support to business during Egyptian hard currency crisis, ensuring continuity of operations by assessing pricing actions.
• Demonstrated expertise in foreign exchange management and compensation to distributors subsequent to hard currency crisis in Egypt and devaluation of Egyptian pound
• Supported South African business in consignment stock management & successful execution of remediation plan
• Analyzed business processes to identify cost savings and operational efficiencies such as implemented freight recovery charge within our Vision Care Contact Lens Business which resulted in reduced freight cost and improved profitability.
• Lead and direct the finance functions to ensure integrity of financial statements, effective internal controls and compliance with relevant requirements of SOX
• Successfully managed equipment financing agreements (EFAs), ensuring compliance with contractual terms and improved compliance rate
• Manage & review Statutory Forecast and Transfer pricing strategy in collaboration with HQ.
• Oversee customs process for the legal entity in South Africa to mitigate risk with authorities
• Provide support in letter of credit process with Distributors in Egypt & other North Africa countries in the mist of economic instability and hard currency shortage.
• Drive Alcon South Africa’s reporting activities, ensuring financial results’ integrity, timely preparation and presentation to relevant Alcon stakeholders. Ensure monthly reporting in line with all relevant standards (AMA, IFRS, GAAP etc.)

Head of Finance for South Africa, managing markets such as South Africa and SA Export markets.

• Supported the strategic transition from a direct sales model to a distributor-based model for Vision Care DEOH business in South Africa, ensuring a seamless shift for customers & partners.
• Assisted in monitoring and analyzing sales data, providing insights to optimize distributor performance.
• Successfully enhanced profit margins in Vision Care by 20% through efficient resource allocation and cost management.
• Played a key role in internal audit remediation plan in South Africa

The Head FRA of Alcon South Africa, responsible for managing the financial accounting and reporting function within the business. The team consisted of nine individuals and covered the following functions - Financial Reporting, Accounts Receivable, Accounts Payable, Treasury and Tax.

• Responsible for setting up a new finance team subsequent to Alcon spin-off from Novartis
• Successfully lead the transition and ensured for the completion of key deliverables within deadlines.

Responsible for managing the GL Accounting, Reporting/Systems, and Tax processes within the FSC (Finance Shared Services), enabling the execution of quality services.

Responsible for accurate reporting of financial information to stakeholders in accordance to IFRS, statutory and Novartis standards & policies.

Finance Lead for Novartis South Africa during SAP ERP implementation Project.

• The implementation of SAP enhanced busines productivity by standardising and simplifying the way the business operates.
• Effectively lead the team and ensured for the mitigation of all risks to ensure for a successful Go-live