Celeste Froneman

Company Overview: Chill Beverages International (CBI) is engaged in the manufacturing and distribution of beverages and related product. CBI is the home of Score Energy and Fitch and Leedes. CBI was recently sold to Alterra Capital (Private Equity). Previous shareholders were Old Mutual Private Equity and Long4Life (Listed on the JSE).

• Member of the Senior Management Team
• Oversee accounting functions and ensure compliance with IFRS and Companies Act
• Review complex accounting entries (IFRS 9 and excepted loss provisioning, revenue recognition, assets useful lives, Investment and fair value of listed entity shares)
• Present monthly results to the Board of Directors and Senior Management Team
• Prepare monthly Exco meeting minutes
• Prepare monthly IFRS reporting pack and consolidation for shareholders meetings
• Prepare monthly management accounts (including cashflow, working capital analysis)
• Review annual budgets and quarterly forecasts (including balance sheet, working capital, capital expenditure and cashflow)
• Measure actual results against budgets and forecasts and investigate variances
• Prepare and document annual insurance renewal process and liaise with insurance broker
• Review balance sheet reconciliations (including provisions and significant accounting entries)
• Liaise with external and internal auditors, lawyers, bankers and insurance brokers
• Meet strict reporting deadlines received from shareholders
• Involved in senior management meetings and strategic planning sessions
• Preparing monthly Sugar Tax and VAT calculations
• Submitting monthly Sugar Tax, VAT and Excise Returns
• Preparing income tax and deferred tax calculations
• Overseeing annual financial statements for 5 entities
• Cash flow management
• Oversee B-BBEE audit
• Preparing and submitting information for annual liquor licenses for the manufacturing and distribution of alcoholic drinks
• Supporting the CEO in day-to-day activities
• Reporting directly to the CEO
• Special 12 month project: Preparing and presenting information for the legal, financial and commercial due diligence process during the sale of the business

• Company Overview: Paarl Media Cape’s activities includes print production of all medium to long run requirements of magazines, retail inserts, commercial work and educational materials. Paarl Media Cape is part of the Novus Holdings group.
• Financial Manager at the Montague Gardens plant which represents 70% of the Novus Group revenue
• Oversee accounting and compliance functions and ensure compliance with IFRS and Group Policies
• Oversee paper procurement for the leaflets and magazines group (Imports represent 90% of paper purchases)
• Review complex accounting entries (FEC and hedge accounting, revenue recognition, assets useful lives)
• Present monthly results to the CFO, Executive and Senior Management Team
• Prepare monthly analytics for printing division (excluding Newspaper, Labels and Tissue)
• Prepare detailed budgets and monthly forecasts (including working capital, capital expendutre and cashflow)
• Prepare annual service level agreements with the other printing divisions in the group
• Measure actual results against budgets and forecasts and provide feedback on variances
• Present annual budgets to the executive team
• Review annual customer price increases with sales managers
• Review customer profitability
• Review and document annual insurance replacement values for Paarl Media Cape and Labels Wet Glue division
• Prepare machine rates on annual basis and align with budget and customer increases
• Oversee cycle counts and monthly stock takes
• Review balance sheet reconciliations (including provisions and significant accounting entries)
• Liaise with external and internal auditors and bankers
• Meet strict reporting deadlines received from M24 and Naspers
• Involved in senior management meetings and strategic planning sessions
• Chair disciplinary hearings
• Special Project: Involved in setting up and improving the reporting and costing of the labels division

Company Overview: Vitafoam SA is the largest producer of Flexible Polyurethane Foam in South Africa and has been in existence for over 45 years. Vitafoam is part of KAP Group which is listed on the JSE.

• Oversee accounting and compliance functions and ensure compliance with IFRS
• Prepare and present monthly results to the CEO, executive and senior management team
• Prepare detailed budgets and forecasts
• Review customer profitability
• Cycle counts and monthly stock takes
• Review balance sheet reconciliations
• Liaise with external and internal auditors
• Involved in senior management meetings and strategic planning sessions
• Involved in operational decisions and attending of daily production feedback meetings
• Overseeing general IT functions

Company Overview: Itron is a world-leading technology and services company dedicated to the resourceful use of energy and water. They provide comprehensive solutions that measure, manage and analyze energy and water. Itron is listed on NASDAQ.

• Responsible for the accounting, compliance and reporting of 4 legal entities
• Accurate monthly reporting packs and detailed analysis of balance sheet and income statement
• Review consolidated financial statements
• Cashflow and working capital management
• Customer profitability
• Review provisions, estimates and other significant accounting adjustments
• Review complex revenue recognition criteria
• Compliance with IFRS and US GAAP
• Compliance with SOX (Sarbanes Oxley)
• Liaise with external and internal auditors
• Involved in senior management meetings and strategic planning sessions

• Company Overview: Ernst & Young is a multinational professional services firm headquartered in London, United Kingdom. It is one of the 'Big Four' audit firms and is the third largest professional services firm in the world by aggregated revenue in 2014.
• Managing a large client portfolio, including BP (British Petroleum) which is a global priority account for Ernst & Young.
• My client portfolio also included retail, manufacturing, financial services and public sector clients.
• I was responsible for the full audit function, managing the audit team, overseeing other service lines (IT and Tax), interacting with the clients as well as providing feedback to the audit partner.
• I have built exceptional skills to manage people and to liaise with senior management and executive teams.
• I received excellent feedback from my clients, peers and audit partners
• Major clients included: British Petroleum (BP), Woolworths, AMC Cookware, Engen Petroleum, Puma, Truworths and Pharma Dynamics

• Exposure gained from a wide range of clients, including public sector, pharmaceutical, retail and financial service companies.
• My duties included the planning, execution, review and finalisation of audit engagements as well as compiling of financial statements and attendance of audit close out meetings.

I was seconded to EY Bristol (UK) for a 3 month contract. Duties included supervision of staff and review of audit work