Wessel Stadtlander

Wessel Stadtlander

Chief Financial Officer

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location of Wessel StadtlanderCity of Johannesburg, Gauteng, South Africa

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  • Timeline

  • About me

    Managing Director

  • Education

    • South African Institute of Chartered Accountants (SAICA)

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      Chartered Accountant Accounting and Finance

      Qualifying Board Examinations: Initial Test of Competence (Part I), Assessment of Professional Competence (Part II)

    • University of South Africa/Universiteit van Suid-Afrika

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      Bachelor's degree (Hons) Accounting and Finance

      Certification Theory of AccountingBest CTA marks in the PWC Welkom office

    • University of Cape Town

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      Advanced Certificate Auditing
    • University of the Free State/Universiteit van die Vrystaat

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      Bachelor's degree Accounting and Finance Cum Laude
  • Experience

    • Dealer Funding Solutions, a Division of WesBank

      Jan 2007 - Jan 2009
      Chief Financial Officer
    • Bridge Shipping, C. Steinweg Group

      Jan 2009 - Jan 2011
      Head of Finance & Operations
    • Mondelẽz South Africa (Pty) Ltd.

      Jun 2011 - Mar 2013
      Manufacturing Finance Business Partner Sub-Saharan Africa

      Headhunted to key African business development role with Cadbury as new subsidiary of Kraft, following a protracted takeover bid of the iconic UK-listed chocolate maker in February 2010.Joining extended Leadership Team, directed business partnering between finance and manufacturing (supply chain and Research & Development) operations for the new globally leading confectioner.Streamlined regional transition of Kraft split and restructuring into 2 companies in October 2012, building out SSA’s largest confectionery business, for which Cadbury provided the emerging markets scale.With a presence across Southern, Central and Eastern African countries, invested in growing these markets, spending >50% of travel time in the rest of Africa.Presented accurate and timely management information to the Board, including: Manufacturing Flash Results for a > ZAR 2 Bn cost base | Decks for Finance and Manufacturing Leadership Teams | Executive reviews of stock, write-offs, provisions and working capital.Consolidated returns for Southern, West and Sub-Saharan Africa, comprising >10 Business Units.Drove the upskilling, training and support of Finance resources across SA, Namibia, Swaziland, Botswana, Zimbabwe, Kenya, Ghana and Nigeria | Validated all Key Performance Indicators (KPIs).Set up network strategy, determining a 5-year view on factories to close down, and locating new Greenfields operations to build.Reviewed and approved investment requests and controllable manufacturing costs (CMCs).Guided Sarbanes-Oxley (SOX) implementation.Ran ‘best of both’ (BOB) workshops to review and adopt industry best-practice processes and standard Show less

    • Volkswagen Financial Services South Africa (Pty) Ltd.

      Apr 2013 - Sept 2019
      Managing Director

      Core Overview:Returned to previous industry sector, taking over directorship of all Back-Office leadership functions in the run-up to, launch and profitable management of a new vehicle and asset finance provision Joint Venture with WesBank, launched in March 2014 | Jointly managed the company with financial accountability for optimising shareholder value by managing risk and improving financial performance.Achieved strategic Key Performance Indicators (KPIs), leading overall direction of the business and optimising shareholder benefit in the SA market by steering an efficient and compliant finance function. Worked closely with the Board to develop current and long-range objectives, policies and procedures, representing the organisation to customers, regulators, shareholders and the general public.Built out an existing cooperation model, streamlining go-live without operational impact to Dealers receiving traditional instalment sale finance, leasing, dealer funding, customer financing, banking and automotive insurance, fleet management and mobility products & services.Combined international Volkswagen Financial Services best practices with local expertise of WesBank to become a powerhouse for automotive financial services for SA’s Volkswagen and Audi dealer networks.[Please note, further details available upon request (Comprehensive CV)] Show less

  • Licenses & Certifications

  • Honors & Awards

    • Awarded to Wessel Stadtlander
      Key Career Highlights - Bridge Shipping (Steinway): - Set up a Copper distribution network and warehouses in the DRC. Planned and launched an Air Freight company and Mozambique Ports company.
    • Awarded to Wessel Stadtlander
      Key Career Highlights - Mondelẽz (Cadbury): - Managed the CS&L teams of 10 factories in Sub-Saharan Africa, representing 8 different countries | Implemented global standards across SSA.Produced numerous business cases to guide stakeholders in investing, divesting, expansion and M&A.Oversaw seamless closure of factories in Namibia and Botswana, and repatriation to Port Elizabeth | Sold off of the Manhattan Kraft factories in Tunney to Tiger Brands.To achieve a net productivity target of 3% to 5%, identified projects… Show more Managed the CS&L teams of 10 factories in Sub-Saharan Africa, representing 8 different countries | Implemented global standards across SSA.Produced numerous business cases to guide stakeholders in investing, divesting, expansion and M&A.Oversaw seamless closure of factories in Namibia and Botswana, and repatriation to Port Elizabeth | Sold off of the Manhattan Kraft factories in Tunney to Tiger Brands.To achieve a net productivity target of 3% to 5%, identified projects and process efficiencies that reduced annual inflation and production cost to a negative percentage. Show less
    • Awarded to Wessel Stadtlander
      Key Career Highlights - Steinhoff Africa: - Consolidated and restructured GommaGomma and Sealy/Edblo Components furniture factories.Optimised stockholding (JIT) and prevented financial losses via theft and obsolescence.
    • Awarded to Wessel Stadtlander
      Key Career Highlights - Volkswagen Financial Services: - First employee and one of the youngest MD's globally hired to set up and launch a VWFS business in SA, directing strategy and end-to-end sales, operations, stakeholder, and brand relationship management.Implemented global strategy within SA business and drove tactical operational plans to deliver on objectives.Within 5 years, exceeded all targets by growing the start-up into a thriving ZAR 35 Bn company.Managed multiple back office teams (HR, Credit, Risk, Finance… Show more First employee and one of the youngest MD's globally hired to set up and launch a VWFS business in SA, directing strategy and end-to-end sales, operations, stakeholder, and brand relationship management.Implemented global strategy within SA business and drove tactical operational plans to deliver on objectives.Within 5 years, exceeded all targets by growing the start-up into a thriving ZAR 35 Bn company.Managed multiple back office teams (HR, Credit, Risk, Finance, Procurement & Supply Chain, Reporting, Controlling, IT, Projects, CAPEX and Legal) across multiple geographical areas and cultures.Managed external and internal auditors, achieving clean audit findings for VWFS SA in 2017/2018. Show less