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Elaine Naidoo

Elaine Naidoo

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location of Elaine NaidooCity of Johannesburg, Gauteng, South Africa

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  • Timeline

  • About me

    Executive Finance Director | Executive Committee Member at Festo South Africa / BCOM Hons, CTA

  • Education

    • Chartered Institute of Management Accountants UK

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      CIMA Operational Level Course

    • University of KwaZulu-Natal

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      Bachelor of Commerce Honours in Accounting & Auditing

    • University of KwaZulu-Natal

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      Postgraduate Diploma in Accounting Science

  • Experience

    • Festo South Africa

      Jan 2017 - now

      Company Overview ­Festo South Africa operates in two sectors: Worldwide supply of, and business partnership in, Automation Solutions (pneumatic and electric drive technologies for factory and process automation).Festo Didactic (a global performance leader in industrial training and education programmes).­Festo invests 8.5% of its turnover into research, development and technology - to produce ± 100 new products per year.Globally, the Group serves > 300,000 customers in 200 industries – from individual products to ready-to-install solutions to increase client productivity via industrial and process automation.Core Roles’ Overview:­Working within the International Finance Unit, coordinates comprehensive financial management support for assigned regions and clients.Oversees strategy-aligned resource deployment, multi-national current assets and liabilities, cross-border finance decision-making responsive to macroeconomic influences, and use of funds committed to various Business Units amid inflationary and exchange fluctuations.Key Roles & Accountabilities:Strategic Finance Leadership­HR LeadershipHR Finance ManagementDebtor Management­Creditors & CashbookGovernance & Reporting[Kindly be advised, Synopsis of Key Roles & Accountabilities available upon request (Professional CV)]. Show less

      • Director of Finance And Administration

        Mar 2023 - now

      • Finance Manager | Executive Committee Member

        Jan 2017 - now

  • Licenses & Certifications

  • Honors & Awards

    • Awarded to Elaine Naidoo
      Major Highlights: FESTO - ­Improved processes and procedures in the Finance Function | Decreased Debtors Days Outstanding (DSO) from 75 to 56.Recovered a long-outstanding 5-year debt of ± ZAR 8 Mil, from a customer in Kenya.­As a business where every employee is sales-driven, passed on leads that secured sales worth ZAR100k.