Noman Ashraf Khan
ACMA, CGMA
Centurion
Summary
Results-driven Fractional CFO with over 20 years of experience driving financial excellence across Multinationals, Mid-caps, and SMEs. A specialist in translating complex financial data into actionable commercial strategies that optimize cash flow and scale operations. Proven track record in turnaround management, having restored loss-making entities to profitability through rigorous cost control, vertical integration, and digital transformation. Highly skilled in ERP implementations (SAP, Sage, Xero) and navigating complex regulatory environments (CIMA/CGMA qualified). Diligent CFO with robust background in financial leadership, strategic planning, and risk management. Successfully spearheaded initiatives that streamlined operations and optimized financial performance. Demonstrates proficiency in financial forecasting and team collaboration. Diligent [Desired Position] with robust background in financial leadership, strategic planning, and risk management. Successfully spearheaded initiatives that streamlined operations and optimized financial performance. Demonstrates proficiency in financial forecasting and team collaboration.
Overview
30
30
years of professional experience
1
1
Certification
Work History
FRACTIONAL CFO & STRATEGIC ADVISOR
Independent Consultant
Pretoria
01.2018 - Current
- Partnering with SMEs and mid-sized organizations to provide C-suite financial leadership on a flexible, high-impact basis.
- Strategic Growth: Architect financial frameworks for business owners to support rapid scaling and long-term sustainability.
- Funding Readiness: Developed "bankable" financial models and feasibility studies, successfully securing funding approvals for multiple clients.
- Process Engineering: Leading the digitization of finance functions via SAP, Sage, and Xero to improve reporting accuracy and real-time decision-making.
- Operational Impact: Stabilized working capital and enhanced liquidity through aggressive cash flow management and process redesign.
FINANCIAL DIRECTOR (BOARD MEMBER)
African Real Estate Company (ARECO)
Dar Es Salaam
01.2015 - 12.2017
- Held full P&L and strategic accountability for a $200M real estate development group.
- Profitability Turnaround: Successfully pivoted a loss-making enterprise to profitability within 24 months.
- Cost Leadership: Realized $50k/month in immediate savings, contributing to a $3M projected lifecycle saving through vertical integration and operational restructuring.
- Liquidity Management: Boosted cash flow by $2M through the strategic divestment of non-core assets.
- Systems & Controls: Led a successful SAP ERP implementation ahead of schedule and achieved the company’s first-ever unqualified audit report.
HEAD OF STRATEGY & BUSINESS TRANSFORMATION
ARECO
Dar Es Salaam
11.2013 - 12.2014
- Directly partnered with the CEO to institutionalize a high-growth startup environment with order in excess of $700M
- Transformed the company with excess of 300 employees into a structured corporate entity by establishing robust governance frameworks and performance management systems.
COMMERCIAL MANAGER / RISK MANAGER
Siemens IT Solutions / EOH
Johannesburg
05.2010 - 06.2013
- Financial Modelling: Engineered pricing structures for large-scale deals to protect margins and mitigate commercial risk.
- Cost Efficiency: Executed a restructuring program that delivered R15M in cost reductions.
- Risk Mitigation: Developed and embedded the Enterprise Risk Management (ERM) framework.
FINANCIAL DIRECTOR – AFRICA CLUSTER (Real Estate)
Siemens Ltd
Johannesburg
02.2007 - 04.2010
- Portfolio Management: Optimized the financial performance of the Siemens real estate portfolio across Africa.
- Savings Initiatives: Achieved R85M in savings through portfolio integration and negotiated R2M in annual lease reductions.
EARLIER CAREER
Siemens Group
Johannesburg
02.1996 - 12.2009
- Progressive leadership roles: Financial Manager, Group Risk Manager, and Internal Auditor.
Education
ACMA, CGMA -
Chartered Institute of Management Accountants
London, UK01-2021
Diploma - Islamic Finance
Chartered Institute of Management Accounting
London, UK01-2017
PFMA Certification - Public Finance
University of Pretoria
Pretoria, South Africa09.2011
BCompt -
University of South Africa (UNISA)
Pretoria, South Africa05.1994
Skills
Systems: SAP (Power User), Sage Pastel, Xero
Skills: Advanced Financial Modelling, Business Case Development, Advanced Excel
Financial Governance
Financial Management
Affiliations
Professional Memberships: Associate Member – Institute of Risk Management (IRM); Currently pursuing Certified Fraud Examiner (CFE).
Certification
CIMA (CGMA): Chartered Institute of Management Accountants (2021)
CORE COMPETENCIES
- Strategic Leadership: Financial Strategy, M&A, Funding Strategy & Bank Negotiations.
- Operational Excellence: ERP Implementation, Cash Flow Optimization, Cost Reduction.
- Governance & Risk: Enterprise Risk Management (ERM), Internal Controls, PFMA, Audit Readiness.
- Specialised Advisory: Business Case Development, Turnaround & Restructuring, Project Finance.
FRACTIONAL SERVICE OFFERING
- Financial Health Checks: Rapid diagnostic of cash flow, margins, and controls.
- Funding Support: Preparing bankable business plans and investor-ready reporting.
- ERP Projects: Hands-on leadership for system migrations and digitisation.
- Turnaround Support: Intervening in distressed situations to protect value and restore growth.
Timeline
FRACTIONAL CFO & STRATEGIC ADVISOR
Independent Consultant
01.2018 - Current
FINANCIAL DIRECTOR (BOARD MEMBER)
African Real Estate Company (ARECO)
01.2015 - 12.2017
HEAD OF STRATEGY & BUSINESS TRANSFORMATION
ARECO
11.2013 - 12.2014
COMMERCIAL MANAGER / RISK MANAGER
Siemens IT Solutions / EOH
05.2010 - 06.2013
FINANCIAL DIRECTOR – AFRICA CLUSTER (Real Estate)
Siemens Ltd
02.2007 - 04.2010
EARLIER CAREER
Siemens Group
02.1996 - 12.2009
ACMA, CGMA -
Chartered Institute of Management Accountants
Diploma - Islamic Finance
Chartered Institute of Management Accounting
PFMA Certification - Public Finance
University of Pretoria
BCompt -
University of South Africa (UNISA)