Brandon Naicker
CFO
Johannesburg
Summary
Proficient Chief Financial Officer knowledgeable about financial leadership and operational needs. Resourceful and tech-savvy decision-maker with a deep understanding of market conditions.
24 Years Experience , 10 years in Asset Management and 14 in Retail Banking. Executive decision making and Reporting. Collections/Credit and Platform experience in Retail Banking.
Overview
24
24
years of professional experience
3
3
years of post-secondary education
1
1
Language
Work History
CFO
FNB RETAIL COLLECTIONS
06.2017 - Current
- Finance Department (8 Staff)
- Financial Reporting/ Financial Ops/ Building Management/ Procurement/ Assets
- Forecasts
- Budgets
- Audit/Year End
- Financial Analysis
- Regulatory Reporting BAs / BASA
- CEO Reports/EXCO Reports/External Debt Coll Reporting (Management)
- SLA Analysis / Management (Internal and External)
- Driving Finance Strategy/KPI Management (Implementing/Tracking)
- Driving Collections Platform Strategy (Migration of Collections onto Platform across the Bank)
- Member of BU EXCO/Retail Collections EXCO/FNB Retail CFO
- Costing Models/Charge out Cost recovery
Financial Manager FM2
FNB PRIVATE BANK LENDING
03.2015 - 06.2017
- Supervision of Financial Accountants
- Review of Monthly journals/Credit /provisioning entries
- Write off Analysis/NPL analysis/Arrears analysis
- Liaising with Analytics Team
- Review of all Credit Reporting (Credit Flash/Dashboard)
- Preparation of CEO Report/Preparation of OPEX budget
- SLA/Cost Management
- Review of Monthly Management accounts
- Preparation of Monthly Flash report
- Liaising with auditors at year end and interim/HFM signoff
- Analysis of Income statement and balance sheet movements
- Ensure appropriate application of IFRS standards
- Review of all Regulatory reporting SARB (BA returns on HFM)
- Project Management (System Migration/On-boarding New products)
- IT3B submission (responsible for reconciliations and submission to SARS)
Senior Financial Reporting Manager
FIRSTRAND GROUP FINANCE
06.2010 - 03.2015
- Preparation of Annual Financial Statements (FirstRand Group)
- Preparation of Annual Financial Statements for Share Trusts (FirstRand Foundations)
- Preparation of Acquisition and Disposal of Subsidiaries and Associates for the Group and input into all AFS
- Preparation of the Post Retirement Note for the Group and input into all AFS (IAS 19 reporting requirements)
- Preparation of Monthly Management accounts (SARB and STRATCO)
- Preparation of Monthly Flash report and comparison to Forecast
- Liaising with auditors at year end and interim
- Proof reading financials for printing/booklets
- Responding to analyst queries after result publication
- Responsible for maintaining Legal and Management structures in Group
- Analysis of Income statement and balance sheet movements
- Ensure appropriate application of IFRS standards
- Regulatory reporting SARB
- Preparation of Non Audit Service Fees for the board review
- Responsible for calculation of Ratios required for analysts
- Preparing insurance cells packs in HFM
- Delivery of moderately complex projects
- Analysis of Data from HFM
- Preparing Trend analysis for board review
Financial Manager
RMB ASSET MANAGERS
12.2007 - 06.2010
- Preparation of Monthly financials (Life Company)
- Preparation of year end and Interim financial packs on HFM
- Liaising with auditors at year end and interim
- Reconciliation of GL to trading account of Life Company
- Responsible for premium and surrenders reconciliation
- Analysis of Income statement and balance sheet movements
- Ensure appropriate application of IFRS standards
- Regulatory reporting/SARB/NAMFISA
- Preparation of Funds under management
- Responsible for Management fee calculations and invoicing
- Analysis of data from investment system
- Delivery of moderately complex projects
Management Accountant
ABSA FUND MANAGERS
09.2004 - 11.2007
- Calculation of service fees and management fees from funds at month end
- Responsible for Accounts Department(2 staff)
- Responsible for overseeing daily redemption/investment/creation recons performed by accounts clerks
- Authorizing of payments on cash focus
- Responsible for monthly GL/Bank account reconciliations
- Responsible for Debtors and Creditors
- Raising of provisions at Month/year end
- Responsible for reconciling company trading/statutory stock
- Responsible for year end process of company as well as Unit Trust Funds
- Variance reporting on expenses and income of company and Funds
- Monthly/Quarterly reporting to Group
- Assisting Group accountant in forecast and budget process
- Product Costing/Profitability analysis on Funds
- Statutory Reporting(ACI/SARB/FSB)
- Reviewing existing controls and implementing new controls
Fund Accountant
ABSA FUND MANAGERS
02.2004 - 08.2004
- Daily pricing of Unit Trust Funds
- Liaising with trustees, Fund Managers with regards to Funds
- Calculation and payment of distribution from funds
- Preparation of Fund Financials/Monthly
- Trading on Fund of Funds
- Loading of prices on Finswitch
- Bank/Scrip reconciliation
QUANTS ADMINISTRATOR
LIBAM (NOW KNOWN AS STANLIB)
09.2003 - 01.2004
- Calculation/analysis of Fund Performance
- Building/Maintaining databases (Fund / Benchmark returns)
- SARB reporting
- Preparation of reports for Fund Managers meeting/presentation
- Responsible for quarterly reporting on funds
FUND ACCOUNTANT
LIBAM (NOW KNOWN AS STANLIB)
07.2000 - 09.2003
- Responsible for pension/provident funds
- Reconciliation of bank accounts
- Liaising with trustees
- Calculation of fund performance
- Preparation of quarterly packs
- Capturing/Matching of trades on system
- Daily cash transfers
- Preparation of Monthly Packs/Financials
Education
Cost and Management Accounting (CMA) - Cost And Man Acc
Durban Institute of Technology
Durban 01.1996 - 12.1998
CGMA (Man Level) - undefined
CIMA
Analysing Banking Risk Programme -
FirstRand
Future Generation Leadership Programme (FNB Finance Leadership) - undefined
FNB
Skills
Strategic financial planning
Financial process improvement
Audit coordination
Performance metrics analysis
Financial strategy development
Regulatory compliance
Financial analysis expertise
Cost reduction strategies
Financial reporting
Financial management
Financial leadership
Personal Information
- Date of Birth: 11/02/78
- Nationality: Indian
Accomplishments
- Implemented Robotics (RPA) into the Fin Ops Area (reduced manual intervention in suspense account reconciliation's by 80%)
- Implemented an automated GL posting system
- Implemented an automated retail recon system
- Automated monthly reporting using excel and HFM grids
- Building val files (HFM) to automate processes
- Innovation FNB All Star 2017 Winner
- Innovation All Star FNB 2022 Winner
Industryexperienceyears
24
Timeline
CFO
FNB RETAIL COLLECTIONS
06.2017 - Current
Financial Manager FM2
FNB PRIVATE BANK LENDING
03.2015 - 06.2017
Senior Financial Reporting Manager
FIRSTRAND GROUP FINANCE
06.2010 - 03.2015
Financial Manager
RMB ASSET MANAGERS
12.2007 - 06.2010
Management Accountant
ABSA FUND MANAGERS
09.2004 - 11.2007
Fund Accountant
ABSA FUND MANAGERS
02.2004 - 08.2004
QUANTS ADMINISTRATOR
LIBAM (NOW KNOWN AS STANLIB)
09.2003 - 01.2004
FUND ACCOUNTANT
LIBAM (NOW KNOWN AS STANLIB)
07.2000 - 09.2003
Cost and Management Accounting (CMA) - Cost And Man Acc
Durban Institute of Technology
01.1996 - 12.1998
CGMA (Man Level) - undefined
CIMA
Future Generation Leadership Programme (FNB Finance Leadership) - undefined
FNB
Analysing Banking Risk Programme -
FirstRand
Similar Profiles
Lukusa KabongoLukusa Kabongo
Growth Manager - Invest Pillar at FNB Retail SalesGrowth Manager - Invest Pillar at FNB Retail Sales
Vadra FrewVadra Frew
Compliance Coordinator at Tauranga Collections, Circular Services Tauranga, Whakatane CollectionsCompliance Coordinator at Tauranga Collections, Circular Services Tauranga, Whakatane Collections
Katlego MompatiKatlego Mompati
Migration Official at FNB BotswanaMigration Official at FNB Botswana