CEO in Motus Car Rental
Job Experience
CEO
Motus Car Rental
May 2019 to Actually working here
? Responsible for the strategic direction & the full P&L of the business
? The business incorporates the Europcar, Tempest & Car Hire Broker brands
? Executive committee member of the Retail & Rental Executive Pillar
? Non-Executive Director of Imperial Car Rental Namibia (Pty) Ltd & Imperial Car Rental Botswana (Pty) Ltd
Head of Strategic Projects
NISSAN SOUTH AFRICA
March 2018 to April 2019
? Responsible for the delivery of key strategic project streams to meet our midterm 5-year plan
? Nissan Revenue 13bn ZAR
? Caretaking the Aftersales business division ? Revenue 1.3bn ZAR. Staff complement 120
? Executive committee Member
Managing Director - Imperial Nissan
IMPERIAL Group
Actually working here
Turn around strategy ? took the business from a R35m loss to a profit of R17m in 4 years Provide strategic direction & leadership to all functional areas in order to meet revenue and margin goals; Facilitate an annual budget and develop planning process in line with Imperial Motor Divisional Strategic objectives to guide the business operations; The development of a marketing strategy for the business; Create a culture of customer service in the enterprise and monitor, measure and analyse customer service levels; Build, lead and manage a team capable of implementing business strategies; Manage internal and external suppliers to promote quality and minimize wastage. (Suppliers include parts, consumables, and financial institutions); Develop and maintain the relationship with Nissan South Africa; Oversee finance & accounting operations to ensure that fiscal decisions are sound; margins are maintained; credit & collection practices are appropriate & inventory balances are appropriate to achieving business goals; Manage and improve the business operations to optimise profit and performance in respect of the Brand; High level risk management; Oversee human resources function to ensure corporate strategies are implemented & in line with business needs; Manage transformation process for the division Provide, and manage information and information systems of the division
Chief Financial Officer Imperial Automotive Retail
IMPERIAL Group
Actually working here
? Right hand to the CEO ? Overall responsibility for full accounting and financial management function of the motor division ? Formulation, maintenance, implementation and control of Group?s accounting and financial policies and practices ? Compliance with statutory and regulatory requirements ? Financial risk management framework ? Effective cost control systems ? Improvement of existing processes ? Developing, managing and improving financial information systems ? Strategic business input ? Designing and implementing short, medium and long-term finance strategy aligned to strategic imperatives of the business together with CEO ? Leadership and management of finance team and resources ? Review of budgets and the budget process ? Due Diligence reviews of acquisitions. Acquisitions done to date (Beekman Canopies, Alert Engine Parts & Jurgens Ci) ? Responsible for commercial aspects e.g. BEE, FICA, FAIS, National Credit Act ? Driving strategies for the parts business and financial and intermediary consultants ? Executive responsible for the running of Autoboutique (a vehicle fitment business) ? Liaising with Analysts ? Director at Beekman Canopies (Pty) Ltd and Jurgens CI (Pty) Ltd
Head of Finance - Barclays South Africa
Barclays
Actually working here
? Setup Finance team, current finance function outsourced to Barclays Capital (investment subsidiary) ? Build credible Management Information with commentaries that can be used to manage the activities of the relevant business units ? Analyzing revenue and margin trends to ensure that Forecasts are realistic and targets achievable ? Review monthly performance against budget on all cost centres and ensure that any excesses are challenged and agreed ? Responsible for accuracy of the functional reporting to Africa Group Finance ? Responsible for all SA company codes/ profit and cost centres ? Responsible for establishing and maintaining annual budget process to ensure that budget data is completed for all profit / cost centres ? Ensure that ad-hoc requirements for analysis of financial information are responded to promptly and accurately ? Manage key relationships within the business in SA, country counterparts in Africa & the Barclays Group ? Establish and maintain Service Level Agreements between Africa, UK, Africa Central Finance and Barclays Capital ? Provide training to new cost centre managers with regards to Cost Centre Management Guidelines ? Ensure SAP hierarchy is maintained to enable efficient reporting ? Full control of the inter company elimination process and ensure all out standings are followed and escalation process established ? Maintain a robust process for processing accruals on all profit / cost centres for accuracy and completeness ? Ensure robust procedure set in place and adhered to with regards to the recovery of costs and monies outstanding from other business units ? Ensure compliance with Group Accounting Manual and other governance requirements ? Lead and motivate staff. Identify individual and team development needs regularly monitoring team and individual performance, providing coaching and recommending or arranging training
National Financial Manager - Investec Private Bank
Investec
Actually working here
? Co-ordinate all accounting activities across all Private Banking regions in South Africa and providing reliable, accurate & timeous information to the management team & other areas of the group ? Preparation of management accounts, financial and business unit reports ? Monitoring all financial expenditure and investigating variances ? Margin analysis, forecasting and variance analysis ? Reviewing bank reconciliations and other balance sheet reconciliations ? Consolidation of the annual budget process ? Dealing with third party vendors with regard to investment products. Ensuring that proper systems are in place to ensure that all revenue is accounted for across all geographies ? Liaising with internal and external auditors for interim and half year results ? Lead and motivate staff ? Provide coaching & recommend training for teams Projects ? Implemented the same investment accounting processes used in the SA Private Bank for the UK Private Bank to ensure consistency across the different geographies (spent two weeks in the UK ? March 2002) ? Involved in a project by Dimension Data called Datastage. Datastage involved the automation of management reporting, whereby a single database is accessed thereby standardizing the way in which information is presented and reducing the risk of errors and duplication of work
Project Accountant
Accenture
Actually working here
? Preparation of monthly financial reports for the local office as well as the UK office ? Costing of time based projects and reviewing the cost allocation to jobs ? Ensure timeous billing of clients ? Debtors and creditors reconciliations ? Auditing of consultant time sheets ? Reconciling hours booked to time sheets to costs billed to projects ? Ensuring ad hoc requirements for analysis of financial information are responded to promptly and accurately ? Liaising with Project Managers and Partners ? Project visits
Education
MBA
Gordon Institute of Business Science2005 to 2006
MBA
Gordon Institute of Business Science (Sudáfrica)January 2004 to January 2005
Bachelor of Accounting Science
Univeristy of South Africa1994 to 1999
Matric Certificate
Orient Islamic (Sudáfrica)January 1975 to January 1989
Bachelor of Accounting Science
UnisaCurrently studying
Languages
IT skills
Other Skills
More Zahied
Career Goals
Industries of interest
Areas of interest
Availability to travel and work outside the city
Yes