CFO Club

30/06/2024

📣 PODCAST ALERT 📣

Join us this Sunday evening for a special CFO Club podcast episode featuring Dr. Christian Ayiku DBA(H.Causa), CHBP(SA), FCCA, FIMS, MBA, BA, Entrepreneur, Missionary, and Philanthropist! 🌟

📅 Date: Sunday, 30 June 2024
🕕 Time: 6 PM

Hosted by CIBA CEO, Mr. Nicolaas van Wyk - This episode will delve into the fascinating topic Christian will be discussing at the upcoming Marcus Evans event: "How CFOs are Prioritising Digital Payments to Maximise Efficiency."

Tune in to gain insights on:
1️⃣ Key factors for developing a future vision for payments.
2️⃣ Identifying the best digital payment methods.
3️⃣ Advanced security measures to mitigate fraud.

Don't miss out on this opportunity to learn from an industry expert and enhance your organisation's financial efficiency!

20/06/2024

🎙️ New Podcast Alert! 🎙️

We are thrilled to announce our latest podcast interview featuring Stevens Mwanje, the Chief Financial Officer of the National Social Security Fund (NSSF), Uganda. CIBA CEO, Nicolaas van Wyk and Stevens Mwanje lightly touch on Stevens' topic at the 7th CFO Africa Event.

📅 20 June 2024
🕧 18:00

👉 Don't miss out! Listen to the full interview on our podcast platform and get inspired by Stevens Mwanje’s vision for a more inclusive financial sector.

📅 Event Reminder: Stevens Mwanje will also be speaking at the Marcus Evans CFO Africa event. Register now to catch his session live and gain even more insights!

🔗 Register for the 7th CFO Africa Event here: https://bit.ly/4c9gyOY

Stay tuned, stay informed, and join the conversation on breaking barriers in finance!

04/06/2024

Join us on June 4, 2024, at 6 PM for an exclusive CFO Club interview featuring Fransua van der Westhuizen, a seasoned Finance Executive with 20 years of extensive experience across multinational organisations and diverse industries.�

Hosted by CIBA CEO Nicolaas van Wyk, this interview is set to be a deep dive into Fransua's impressive career and invaluable insights for aspiring finance professionals.�

� 4 June 2024
� 18:00 pm
� Linkedin Live, Facebook Live - CFO Club Pages

30/05/2024

CFO Club talks to Pamela Naik ACMA, CGMA, CA (SA), Finance Manager at MultiChoice Group

Tune in for the latest episode of the CFO Club Podcast �

Join CIBA CEO MBA Nicolaas van Wyk as he talks to Pamela Naik, Finance Manager of Third-Party Channels at MultiChoice Group. Together we will delve into her career journey, explore industry nuances, and share valuable insights for aspiring finance professionals. �

Don't miss out on this valuable session.

� Date: Tomorrow, 24 May
� Time: 18:00



www.cfoclub.co.za

17/05/2024

😍 We are thrilled to introduce our new CFO Club member – Ashley Yon!

📍 Ashley is an experienced finance professional with a strong background in operations and finance. He brings a wealth of experience in strategic leadership, financial acumen, and operational excellence.

📍 Known for a steadfast commitment to delivering exceptional value, Ashley has a proven track record of helping businesses optimize processes, support growth, and enhance profitability.

📍 Throughout Ashley’s career, he has demonstrated his expertise in financial management, adeptly controlling costs and maximizing budgets to meet and exceed financial objectives.

📍 With his analytical prowess, that consistently guided companies toward achieving their goals, maximizing stakeholder value, and boosting profitability, Ashley makes a valuable addition to our community and network of finance professionals.

🎉 We are happy to have him on board, please give Ashley a warm welcome! 🤝

💪 hashtag is powered by the Chartered Institute for Business Accountants (formerly SAIBA) and is a proud member of the International CFO Alliance.

💚 https://cfoclub.co.za/ 💚

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16/05/2024

🛡️ The CFO’s Operator Role: Focused on efficiency and service levels, the Operator must dynamically balance cost and service levels while adapting the finance organization's operating model as necessary. Key decisions often involve talent management, offshoring, and shared service strategies.

This competency is the fifth of the 9 key competencies for the Operator role, which we will be exploring in detail.

🎯 Competency (Operator Role): Treasury and Investment Management

📋 Description: This competency involves managing the organization's treasury and investment activities to ensure optimal financing strategies and risk-adjusted returns. It encompasses the oversight of cash management, investment policies, and capital financing decisions aligned with the company’s strategic goals.

💡 How to Develop:

🏫 Deepen Your Education: Beyond foundational finance education, pursue specialized certifications such as the CFA or Certified Treasury Professional (CTP). These programs provide advanced knowledge in investment analysis, portfolio management, and risk management, crucial for effective treasury operations.

🔍 Engage in Strategic Decision-Making: Gain practical experience by participating in strategic treasury roles within your organization. Involve yourself in developing policies for capital structure, liquidity management, and risk management. This hands-on experience is vital for understanding the impacts of different strategies in real-world scenarios.

📊 Utilize Advanced Financial Tools: Master financial tools and software that aid in investment analysis and treasury management. Proficiency in using advanced ERP systems, financial modeling software, and risk assessment tools will enable you to make informed decisions and manage the organization's financial resources effectively.

🤝 Build a Network of Financial Experts: Regular interaction with experienced treasurers, investment bankers, and financial advisors can provide insights into best practices and innovative financial strategies. Attend workshops, seminars, and conferences dedicated to treasury and investment management to stay updated with the latest trends and technologies.

🔄 Experiment with Outsourcing: Consider outsourcing non-core treasury functions to specialized service providers. This can offer a dual benefit of learning from external experts while focusing your internal resources on strategic areas. Evaluate the effectiveness of outsourcing by measuring cost efficiency and quality of service.

🧠 Focus on Risk Management: Develop a keen understanding of financial risk management. Engage in continuous learning about global financial markets, economic indicators, and regulatory changes that could affect your investment decisions. Implement robust risk management frameworks to safeguard your organization’s assets and ensure financial stability.

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16/05/2024

😍 We are thrilled to introduce our new CFO Club member -Tevin-Sandile- Ncube KI (Derivatives and Crypto Assets Oversee)!

📍 Tevin is an accomplished finance professional who has gained substantial experience through managing his own practice.

📍 His dedication to ethical financial practices and compliance is evident in his roles as Co-Founder and Anti-Money Laundering Officer at Azurevistafx.

📍 Tevin is a Licensed Tax Practitioner, Advisor, and Independent Reviewer. He proudly holds the BAP(SA) designation with CIBA, underscoring his expertise and commitment to the field of finance.

📍 With his ability to leverage the collective strength of his team to innovate and drive sustainable growth of his company Tevin makes a valuable addition to our community and network of finance professionals.

🎉 We are happy to have him on board, please give Tevin a warm welcome! 🤝

💪 hashtag is powered by the Chartered Institute for Business Accountants (formerly SAIBA) and is a proud member of the International CFO Alliance.

💚 https://cfoclub.co.za/ 💚

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29/04/2024

The CFO Roundtable: Join the CFO Club and be part of rebuilding South Africa:
https://accounts.saiba.org.za/cfoclub/register

https://www.youtube.com/watch?si=mkbZ_oIh71kdlJ6I&v=jIyma9ABoBY&feature=youtu.be

Strategic decisions made by Chief Financial Officers and Chief Executive Officers directly affect GDP growth - from driving investments to fostering innovati...

26/04/2024

The International CFO Alliance (ICFOA) is hosting a Boarding meeting today in Madrid Spain. The topics for discussion include feedback from the 4 work streams: CFO Certification, International Tax, Digitisation, and ESG. Other issues include overview of activities for the year, and adoption of the IFAC Code of Ethics.

23/04/2024

🛡️ The CFO’s Operator Role: Efficiency and service levels are primary focuses for the Operator. This role involves dynamically balancing cost and service levels in finance organization responsibilities and adapting the finance operating model as necessary. Talent management, offshoring, and shared service decisions are also key issues.

This competency is the third of the 9 key competencies for the Operator role, and we will be sharing them all.

🎯 Competency (Operator Role): Staff Management, Mentoring, Team Building, and Creating Accountability

📋 Description: Effective staff management is about more than just overseeing tasks; it involves mentoring, team building, and creating a culture of accountability. CFOs play a critical role in developing future leaders, providing them with opportunities for advancement, and encouraging them to excel beyond the realm of finance.

💡 How to Develop:

🏫 Educational and Training Foundations: Start by solidifying your own understanding through courses in leadership and human resources management. Formal education combined with certifications in coaching or leadership can provide a strong base.

🔍 Experience and Exposure: Actively seek opportunities within your organization to lead projects or teams. This hands-on approach is invaluable. Volunteer for cross-departmental initiatives to gain a broader perspective and challenge your leadership skills.

👥 Mentoring and Development Programs: Implement a mentoring program where more experienced staff can share knowledge and experiences with newer employees. This not only helps in personal development but also fosters a supportive culture.

🤝 Regular Feedback and Open Communication: Establish a routine of giving constructive feedback. Encourage open communication within your team, where members can express concerns and ideas freely. This transparency builds trust and helps in identifying and addressing issues proactively.

📈 Accountability Frameworks: Develop clear metrics and goals for performance evaluation. Ensure that these metrics are understood by all team members. Regularly review these goals, and hold team members accountable in a supportive, constructive manner.

🔄 Continuous Improvement: Encourage a culture of continuous learning and improvement. Offer regular training sessions, workshops, and access to courses that help team members upgrade their skills and stay current with industry trends.

🌐 Networking and External Learning: Encourage your team to engage with finance and leadership communities outside the organization. Attending seminars, workshops, and industry conferences can provide fresh insights and networking opportunities. CFO Club Africa is the ideal platform for it.

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13/03/2024

🌍Access to bigger markets and global recognition for CFOs through the International CFO Alliance (ICFOA).
As a member of the CFO Club, you now have access to the ICFOA.

🤝 The ICFOA or International CFO Alliance was born from the desire of France and several countries, including Tunisia, South Africa and Italy, to create an international federation of national organizations of financial managers.

👫 It took almost three years to bring together and agree on more than twenty countries on three continents, Africa, South America and Europe, with stages in Paris, Capri and Tunisia.

🌐All continents are represented, and all countries are associated with or responsible for working groups. Equity and representativeness are two essential rules of the Alliance.

✈ The International CFO Alliance held its inaugural meeting in Tunisia on June 9, 2023, hosted by Tunisia’s local CFO association, COGEREF.

💼Since its inception, the ICFOA has been active in:

✔ -responding to consultations of the ISSB and EFRAG, particularly on questions of applicability and implementation of the CSRD in European and foreign companies,
✔ -relaunching the International Performance Manager Observatory which will be presented internationally next November at the Alliance congress in South Africa.
✔ -and initiating working groups on digital transformation and international taxation (with positions on tax reform international BEPS 2.0 and the proposed European BEFIT directive).

📝The ICFOA is also involved in an international certification process for the finance function (CFO Certification) in collaboration with the European Committee for Standardization (CEN) placed within the European Union, in link with national certification and standardization bodies such as AFNOR for France and UNI for Italy.
The Alliance will be a stakeholder in this international certification process.

📅 The ICFOAs upcoming events include a board meeting in Madrid in April 2024 and participation in events in Lomé and Lisbon in May and June 2024.

Overall, the ICFOA aims to be a leading organization in fostering collaboration and advancement in the field of financial management globally.

12/02/2024

📢 Join us for the kick-off of the 2024 CFO Club Podcast series on LinkedIn Live, happening tomorrow, 13 February, at 10 am SAST.

😍 We're thrilled to host Nicolaas van Wyk, who will be talking to Farhaan Moolla CA(SA), the CFO of T3 Telecoms SA about Farhaan’s professional journey from his academic roots to becoming a leading CFO, uncovering lessons and advice that are gold for anyone looking to advance in the finance world.

👉 Don’t miss out on this opportunity to gain insights and inspiration.

🔔 Register now! See you on LinkedIn Live!

08/12/2023

Celebrating CFOs as the conductors of financial brilliance! Strategists, stewards of trust, change catalysts, and precision operators—roles they masterfully weave into a tapestry of prosperity.✨📊🚀

At the CFO Club, we celebrate CFOs! Our network amplifies expertise, fostering global connections for finance leaders mastering diverse roles.

https://accounts.saiba.org.za/cfoclub/register

05/12/2023

🚀🔍 Explore the game-changing insights from a recent Leap by McKinsey study! Discover how business leaders are redefining innovation within established organizations. 📈💡

📊 58% of leaders are doubling down on innovation, prioritising new products, services, or businesses. Dive into our article to unravel the secrets fueling this strategic shift!

https://www.cfo.com/news/new-business-building-ventures-generative-AI-stage-gated-funding-incumbent-advantage/701543/

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Finding the right level of investment and “stage-gating” the funding are critical components of successfully building new businesses.

30/11/2023

At the CFO Club we are committed to elevating your financial game, ensuring your are compliant with CPD standards, and empowering your career advancements while making them more affordable by extending our Black Friday Deals

👔 CFO Club Membership
Elevate your finance prowess by joining a community of finance executives at a 25% discount, now only R 1125
https://cfoclub.co.za/black-friday/

CPD:
Safeguard your CPD Compliance through the Chartered Institute for Business Accountants (formerly SAIBA) SARS-compliant platform. Explore their CPD bundles here
https://saiba.academy/ciba-black-friday/

Designations:
💼 CBA(SA) Designation Unlock your potential with the CBA(SA) designation, now at R5344, previously R7125, using promo codes CIBA100% + CIBACBA.
📈 CFO(SA) Designation Step up your career with the CFO(SA) designation, now at R9000, previously R12000, using promo codes CIBA100% + CIBACFO.
https://saiba.org.za/black-friday/membership

📌 Each offering is purposefully designed to fuel your financial journey and professional success. Beyond discounts, they represent opportunities to shape your path to leadership excellence. Embrace these offers today and redefine your financial narrative!

24/11/2023

This Black Friday reduce the cost of becoming a professional accountant.

See the exclusive offers from Chartered Institute for Business Accountants (formerly SAIBA). The professional body for everyone who wants to become an accountant.

Let’s help you achieve your goals to
▶ stay compliant or
▶ elevate your career as an accountant or tax practitioner.

Act today:
🤝 Join our community at a special membership rate
🏆 Earn a designation at 25% off
💡 Upgrade your skills with discounts on CPD courses.
💼 Explore reduced rates on licenses & designations.

Read more here and share the deals: https://saiba.org.za/black-friday

Future-proof your career or business with a CIBA membership and get up to 30% off your annual membership fee this Black Friday: https://lnkd.in/d6NuqSkh

20/11/2023

Ever wondered how CFOs wield their influence beyond numbers? Explore the game-changing skill that's transforming the CFO landscape: storytelling!

💼 Discover insights from industry leaders on:
🔍 Crafting narratives that resonate with investors, employees, and customers.
📊 Blending data and emotion for impactful storytelling.
🎭 Unveiling the hidden tools in a CFO's storytelling arsenal.
🌐 Navigating the art of diverse and engaging narratives.
🤝 Building personal connections that transcend presentations.
📉 Addressing challenges through prompt and solution-oriented storytelling.
https://strategiccfo360.com/did-you-hear-the-one-about-the-cfo-telling-a-story/

Spinning corporate narratives effectively has become a key skill.

17/11/2023

Numbers weave tales of success, and as CFOs, it's your craft to translate them into compelling narratives.

Join the CFO Club, where you unlock a world of exclusive forums, unique programs, and leadership development opportunities.

https://accounts.saiba.org.za/cfoclub/register

Tell your story and be part of a community shaping the future of finance. 📊✨

16/11/2023

Did you know?

Your key to professional greatness is our CPD Executive Bundles! 🌟

Designed with aspirational professionals such as yourself in mind, these packages include a stimulating array of courses in strategic management, leadership, and finance.

With our carefully chosen packages, you can reach your full potential and maintain an advantage in the cutthroat market of today.

Increase your knowledge, hone your abilities, and take confident leadership roles.

Investigate your options with our CPD Executive Bundles. Enhance your professional path:

https://saiba.academy/master/

09/11/2023

Starting a new role as a CFO in a small company? 🌐

Here are 6 Pro Tips to make your transition a breeze:

1️⃣ Interview like a Pro
2️⃣ Ask the Right Questions
3️⃣ Backdoor Reference Checks
4️⃣ Stay Informed
5️⃣ Engage with Customers
6️⃣ Create a 90-Day Plan

Navigating the first 90 days as a CFO can be challenging, but with these tips, you're set for a successful start!

To read further click the link below:
https://www.forbes.com/sites/stevenwasserman/2023/11/03/six-tips-for-small-company-cfos-to-make-a-strong-start/?sh=12160d35f265

🌍 Elevate your CFO journey by joining the CFO Club! 🤝 Be part of a community that connects you with global finance leaders, offers exclusive benefits, and supports your career growth. Don't just start a new role—launch your career with the CFO Club!
https://cfoclub.co.za/

🚀

Six tips for small company CFOs to hit the ground running and tips to assess whether new position is a good fit

08/11/2023

In the realm of business, CFOs are the true masterminds behind the scenes.

They're not just number-crunchers; they are the architects of financial success.
🗺️ They plot the course to triumph, navigating the complex landscape of finance to lead their organizations to victory. 🌟

💡 Strategic thinkers, meticulous controllers, catalysts of innovation, and unwavering stewards of trust – CFOs are the true heroes of fiscal prosperity. 💼
The CFO Club is here to support financial leaders on their journey. Join the community of financial leaders today and let's shape a future filled with financial success together. 💰

https://lnkd.in/dEWnaKyY

06/11/2023

The Multifaceted Role of a Modern CFO 🌐🔍

In today's dynamic business landscape, a CFO wears many hats, seamlessly transitioning between various roles:

Steward 📘🔒:
Safeguarding the company's assets, a CFO ensures accurate financial reporting. Example: Implementing robust internal controls to prevent fraud.

Operator 🛠️⚙️:
Streamlining processes for efficiency optimises the finance function. Example: Introducing automation tools to reduce manual data entry.

Catalyst 🚀🌟: Driving change, CFOs foster a culture of continuous improvement. Example: Leading a company-wide digital transformation initiative.

Strategist 🌐🔭: With a visionary approach, they guide long-term business strategy. Example: Identifying new market opportunities for expansion.

A modern CFO is not just a number-cruncher but a strategic partner, an innovator, and a leader.

Dive deeper to understand the competencies that shape these roles and how they collectively define the success of an organisation.

https://cfoclub.co.za/from-ca-to-cfo-navigating-the-competency-framework/

01/11/2023

4. The Strategist Role of a CFO 🌐🔭
Visionary and future-focused, CFOs as strategists define the company's future trajectory. They provide a financial perspective on innovation, growth, and risk, translating market expectations into business imperatives.

Discover the 8 competencies that shape a CFO as a strategist, directing long-term, outwardly-focused strategies.

https://lnkd.in/ddhsjhU7

31/10/2023

3. The Catalyst Role of a CFO 🚀🌟

Change is inevitable, and as catalysts, CFOs drive it! They're agents for change, establishing a value-driven attitude throughout the organization. With 9 competencies focusing on leadership, communication, and corporate governance, delve into the transformative role of a CFO as a catalyst.

https://lnkd.in/ddhsjhU7

30/10/2023

The Operator Role of a CFO 🛠️⚙️

Efficiency and service are the hallmarks of a CFO in the operator role. Balancing cost with service levels, they adapt the finance organization's model to meet ever-evolving needs. From staff planning to corporate finance, explore the 9 competencies that define a CFO as an operator.
https://cfoclub.co.za/from-ca-to-cfo-navigating-the-competency-framework/

25/10/2023

25/10/2023

Budgeting season brings its own set of challenges.

As this enlightening article points out, the keys to better budgeting lie in mastering the right process, leveraging cutting-edge technology, and harnessing actionable data. But how do you navigate these complexities?

https://www.cfo.com/news/keys-to-better-budgeting-process-technology-and-data-budgeting-season/697512/

Enter the CFO Club. 🚀
By joining our community, you gain access to a network of seasoned finance professionals who've been there and done that. Share insights, discuss strategies, and learn from real-world experiences that can guide you through the intricacies of modern budgeting.

Beyond just budgeting, the CFO Club offers a platform for continuous learning, networking, and growth. Whether you're grappling with the challenges of a volatile economy or seeking to drive change within your organization, the CFO Club is your go-to resource.

Don't navigate the budgeting maze alone. Join the CFO Club and empower your finance journey with collective wisdom and expertise. 💼🌟
https://lnkd.in/drpetUQU

Budgeting, done right, isn’t a one-time exercise.  

24/10/2023

🌟 "In the world of finance and leadership, self-motivation is the unseen force propelling great individuals to new heights.

As you navigate the complex landscape of CFO responsibilities, it's essential to remember that the path to success often begins within.

Just as the greatest artists, poets, musicians, and writers tap into their inner wellspring of creativity, CFOs can also draw inspiration from their innate drive and ambition.

Napoleon Hill's wisdom reminds us that 'The great leaders of business and the great artists all became great because they developed the power of self-motivation.' 🚀

So, embrace this inner force, nurture it, and use it to fuel our journey toward excellence. 💼✨

23/10/2023

Explore how CFOs can foster trust in "8 Ways CFOs Can Inspire Trust."

This article offers practical insights to strengthen relationships, gain respect, and energize teams while upholding professional ethics in finance.

https://www.cfo.com/news/leadership-inspiration-trust-relationships-respect/696727/

“We need to be available when our team needs us, and we need to actively listen to what they are saying.” 

18/10/2023

🌍✨ Exciting News from CIBA! CEO Nicolaas van Wyk to Speak at World Investment Forum 2023 in Abu Dhabi ✨🌍

👏 Nicolaas van Wyk, CEO of CIBA and a founder of CFO Club Africa has been invited as a distinguished speaker and panelist at the World Investment Forum 2023, taking place in Abu Dhabi today October 18, 2023.

♻ This prestigious event features the 40th anniversary session of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR), as part of the World Investment Forum. Since the adoption of the Sustainable Development Goals (SDGs) in 2015, has played a pivotal role in harmonizing sustainability reporting frameworks and standards.

⁉ The topics to be discussed during this momentous occasion are:

1️⃣ Current state of global financial and sustainability reporting frameworks, standards, codes, and prospects for further harmonization: Nicolaas will provide invaluable insights into the evolving landscape of accounting and reporting, which are essential for informed investment decision-making.
2️⃣ Review of practical implementation and recent developments in sustainability reporting requirements: Discover the latest developments in sustainability reporting and its practical implications.
3️⃣ Facilitating the formalization of micro and small businesses: Learn about accounting and reporting requirements, financial literacy, access to finance, and practical solutions aimed at supporting the growth of small enterprises.
4️⃣ Promoting gender balance in the accountancy profession: Join us in exploring ways to foster gender diversity within the accountancy field.

🎉 Nicolaas's participation in this prestigious event is not only a testament to his expertise but also a reflection of CIBA's commitment to global financial standards and sustainability. We are incredibly proud to have him represent CIBA and share his insights on the global stage.

📮 Stay tuned for updates from the World Investment Forum, where we will be sharing highlights from this significant event. We look forward to engaging with you as we continue to make meaningful contributions to the world of finance and investment.

Chartered Institute for Business Accountants (formerly SAIBA)