Mohseen Tootla CA (SA)

Experience

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  EY

  Jan 2007 - Jan 2010

  Supervisor

  Provided assurance for public and private enitities with regards to financial statements and other items relating to integrated reporting. Lead supervisor in charge of field work at a variety of local and multi-national entities in the retail and industrial products space.

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  EY

  Apr 2010 - Nov 2014

  Manager - Performance Improvement Finance

  Advise clients in terms of finance transformation, maturity analysis and process design:- Identify inefficiencies, diagnose bottle-necks to design enhancements which deliver streamlined and improved processes/ value chains that meet legislative and regulatory requirements within the financial and/ or operational sphere.- Stream Lead/ Overall Project Manager on a number of successful projects.- Analysis of clients current state, identify gaps and design and develop future state finance operating model.- Creation and submission of numerous recommendation reports and strategic directives.- Able to communicate effectively at senior (CFO) and junior (clerk) levels within entities.- Responsible for planning, budgeting and billing for various projectsProjects include:-- High level ERP preimplentation process review based on custom built benchmark model for leading dual listed mining entity,- Programme assurance assignment on an energy saving initiative (technology retrofit) for integrated demand management at a major power utility, - Immoveable asset register rebuild for large infrastructure/ property management custodian.- Operationalising a claims processing system aimed at fast tracking long outstanding claims for payment to individuals as the primary service provider to statutory local entity. Show less

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  Momentum Asset Management, LLC

  Nov 2014 - Sept 2016

  Product Controller - Operational Finance: Portfolio Accounting

  High level responsibilities include;-- Management of static data;- Daily/ monthly product/portfolio reconciliations;- Fee calculations;- Analysis and interpretation;- Budgets and related management reporting;- Ad-hoc business alignment projects.

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  EY

  Sept 2016 - Dec 2018

  Manager Transaction Advisory Services

  Corporate finance professional providing pre and post acquisition transaction services and support to clients from either a buy or sell side perspective.Highlights include:Financial separation and carve out for the largest beverage manufacturer in the industry providing vendor engagement assistance as follows:- Performed financial carve out of entities to facilitate the sale of the business to potential third parties (P&L, NWC, FAR);- Co-ordinated with teams in four countries across multiple disciplines (Finance and Operations - EY local/ global and external client resources) to facilitate successful completion of transaction.- Assisted in other post-merger services e.g. SPA formulation, Day 1 planning.Debt review for a major BEE player within the diversified consumer products and resources space.Advised listed SPAC on the acquisition of three separate entities in the FinTech space.Prepared and successfully delivered working capital report to the board of a listed company to meet JSE regulations for a category one acquisition.Other buy-side due diligence services within the FMCG industry covering the mobile accessory, chemical and mass discount sectors. Show less

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  FMCG company

  Jan 2019 - Apr 2022

  Head of Finance

  Responsible for overseeing the finance and independent sales function within the group, reporting directly to the CEO and Board.  Implemented consistent executive financial reporting packs and analytical tools to facilitate informed executive decision making by providing a unified platform across entities.  Cascaded these principles to project level reporting incorporating budgets, forecasts, scenario planning and market analysis to enable forward planning and provide directionality on future events.  Provided structure and flow in monthly board meetings via introduction of KPI’s and standard reports across all regions.  Identifying skills gaps and implemented appropriate interventions to build balanced capacity within administrative functions.  Refined reporting processes and capabilities across the wider team ensuring more credible reporting, accountability, and transparency.  Implemented weekly cashflow planning integrated with receivables and payables while reshaping related KPI’s. Show less

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  SANI Car Rental

  Nov 2022 - now

  • Head of Finance

    Mar 2023 - now

  • Head of Strategy/ Business Development/ Internal Control

    Nov 2022 - now