Summary
Overview
Work History
Education
Skills
Hobbies
Timeline
Generic
Nic  Els

Nic Els

Finance Manager
Pretoria

Summary

Accomplished Finance Manager with a proven track record at Classic Private Wealth, enhancing financial efficiency by over 30% through strategic planning and financial analysis. Expert in regulatory compliance and skilled in various accounting packages, I excel in mentoring teams towards continuous improvement. My approach combines rigorous financial management with effective communication, driving significant cost savings and process optimizations.

Overview

45
45
years of professional experience

Work History

Finance Manager

Classic Private Wealth (Pty) Ltd
12.2020 - Current
  • Strengthened internal controls through regular audits and adherence to regulatory requirements.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
  • Enhanced budget management by implementing expense tracking and cost reduction strategies.
  • Processed invoices and contacted appropriate parties for timely payment receipt.
  • Optimized cash flow with diligent monitoring of accounts receivable and payable.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Improved financial forecasting accuracy, utilizing advanced analytical models.
  • Increased financial efficiency by streamlining and automating financial reporting processes.
  • Reviewed documentation and identified financial discrepancies where applicable.
  • Created organizational structures to improve accounting and finance functions.

Finance Manager

Midbank Group of Companies
06.1999 - 11.2020

Worked for a number of companies in the Group as follows:

F and I Services (Pty) Ltd - 1 Dec 2017 - 30 Nov 2020

3 Newton Street (Pty) Ltd - 1 Aug 2011 - 30 Nov 2017

Thembalethu Bus Services (Pty) Ltd - 1 Mar 2022 - 31 Jul 2011

Midbank Bus Services (Pty) Ltd - 1 Jun 1999 - 28 Feb 2022

All the above companies are in the Bus Passenger Transport Industires

Responsible for the following departments

Finance Department

Human Resources (Including Training)

IT Department


Finance Manager

Northwets Transport Coproration (Pty Ltd
12.1989 - 05.1999

Worked at various depots in the company.

Managed the entire Financial Department of the various depots


Finance Manager

Berg Chem (Pty) Ltd
10.1987 - 11.1989

Responsible for the daily run fo the fiance department for this manufacturing company.

Senior Personnel Clerk

Souht African Air Force
07.1983 - 09.1987

Auditing of Salaries of Permanent Force employees.

Auditors Article Clerk

Gauntlett Edwards and Schoeman
01.1980 - 06.1983

Auditing, secretarial duties and accounting services for various companies

Education

Bachelor in Commerce (Accounting) - Accounting

University of Pretoria
Pretoria
04.2001 -

St 10 (Matric) - Accounting

Highschool General Hetzog
Witbank
04.2001 -

Skills

Financial management

Budget forecasting

Financial analysis

Strategic planning

Cash flow management

Regulatory compliance

Financial budgeting

Skilled in various Accounting Packages

Tax compliance

Internal controls

Mentoring and training

Continuous improvement

Verbal and written communication

Hobbies

I am a passionate genealogist.

I am a keen reader.

I love travelling, hiking, walking and running

Timeline

Finance Manager

Classic Private Wealth (Pty) Ltd
12.2020 - Current

Bachelor in Commerce (Accounting) - Accounting

University of Pretoria
04.2001 -

St 10 (Matric) - Accounting

Highschool General Hetzog
04.2001 -

Finance Manager

Midbank Group of Companies
06.1999 - 11.2020

Finance Manager

Northwets Transport Coproration (Pty Ltd
12.1989 - 05.1999

Finance Manager

Berg Chem (Pty) Ltd
10.1987 - 11.1989

Senior Personnel Clerk

Souht African Air Force
07.1983 - 09.1987

Auditors Article Clerk

Gauntlett Edwards and Schoeman
01.1980 - 06.1983
Nic ElsFinance Manager