This resume summarizes Jithan Bridgmohan's qualifications and extensive experience in senior financial roles across multiple industries. He has over 20 years of experience, including 16 years as an executive and 3 years as a board director for a publicly listed company. His skills and experience include financial reporting, strategic financial management, legal and taxation, risk management, acquisitions, information technology, marketing, supply chain management, and human resources. He has held positions such as Group Financial Director, Group Financial Manager, and Executive Financial Manager at various multinational companies.
1. Jithan Bridgmohan's Resume
Highlights
CharteredAccountantwithqualificationsin General BusinessManagement
More than 20 years’experience withblue chipindustrial companies
16 years’experience asanexecutive and3yearsas a directorof the mainBoard of a
companylistedonthe SouthAfrican StockExchange
Experience inamulti-nationalenvironmentandresponsible forthe groupfinancial
managementof businesseson5continents(Africa,Europe,Middle East,Asia,Australiaand
Canada)
Diverse experience indifferentindustriesincludingpharmaceuticals,FMCG,paper,printing,
chemicals,engineeringandtextiles
Broad experience coveringthe full spectrumof businessactivities:
o Financial reporting
o Strategicfinancial management
o Legal and taxation
o Riskmanagementandgovernance
o Insurance
o Mergersand acquisitions
o Informationtechnology
o Marketing
o Supplychain
o Human resources
o Operationsmanagement
o StrategicbusinessManagement
Attributes
o Strategicthinker
o Business leader
o Entrepreneurial
o Fine attentiontodetail
o Personable andapproachable
o Independentaswell asteamoriented
o Tenaciousandresilient
2. Personal Details
Telephone: +27 82 8836614 Email: jithan.bridgmohan@gmail.com
Nationality: SouthAfrica Emp. Equity: Indian
Identityno. : 700322 5033 080 Languages: English,Afrikaans
Education:
12/1999 Post Graduate DiplomaBusinessManagement
Honoursat University of KwaZuluNatal inDurban,SouthAfrica.
Subjects:BusinessFinance,Marketing,HumanResources,OperationsManagement,Economics
06/1996 CharteredAccountant (SouthAfrica)
Professionalqualificationatthe SouthAfricanInstituteof Chartered Accountants
12/1995 B. Compt. Honours
Honoursat Universityof SouthAfrica,SouthAfrica.
Subjects:Advanced Auditing, Advanced Accounting, AdvancedTaxation, Advanced Management
Accounting
01/1991 Bachelor of Commerce
Degree at Universityof KwaZuluNatal inDurban,SouthAfrica.
Majors: Accounting,Taxation,ManagementAccounting,Auditing
12/2002 MBA International Management
Masters at Universityof KwaZuluNatal inDurban,SouthAfrica.
(Course workcompletedwithanaverage of 72%.Dissertationoutstanding)
Subjects:International BusinessManagementStream
Career History
09/ 2013 to 02/ 2016 : Group Financial Director
Permanentexecutivedirectorlevel position atBeige HoldingsLtd,a JSE listed Company in the
FMCG sectorin Durban,SouthAfrica.
Memberof the Board of Directorsand Executive CommitteeandTrustee of the Provident
Fund.
Attendee atAuditCommittee,SocialandEthicsCommittee andRiskCommittee meetings.
Reportedtothe Group CEO.
Achievements:
1. Restructuredfinance andITto provide acentralisationsharedservicesfunctionfor
the group that wasmore agile andin line withthe groupstrategy.
2. Improvedmanufacturingefficienciesandreducedoverheads andimprovedprofit
marginsthroughthe implementationof amanufacturingITsystem.
3. Devisedandimplementedacloudcomputingstrategy thatreducedthe costof
investmentandoperatingcostsinIT.
4. Recapitalisedandstrengthenedthe balance sheetviaarightsofferonthe JSE and
conversionof debttoequity thatimprovedthe liquidityof the business.
5. Negotiatedfacilities withnew bankersthatimprovedthe liquidityof the business.
6. Successfullyprocuredtwonew multinational customersthatincreasedturnover.
7. Developmentand implementationof aturnaroundstrategy forthe Group.
Reasonforleaving: corporate governance
3. 07/2011 to 08/2013 : Group Financial Manager
Permanentexecutivedirectorlevel position atUniprint,a division of a JSE listed company
Times Media Ltd. in the print and publishing sectorin Durban,South Africa.
Memberof Executive Committee of UniprintandManagementCommitteeof the Retail
SolutionsDivisionof TimesMediaLtd.
Reportedtothe Retail SolutionsDivisionCEO.
Achievements:
1. Successful consolidationof twooverlappingPointof Salesdivisionswithinthe Times
MediaGroup that reducedcostsand improvedthe service offeringandprofitability
of the combinedentity.
2. I was the chairmanof the steeringcommittee thatoversaw the successful
implementationof the Sage 1000 ERP systemwhichwaswithinbudgetandresulted
inre-engineered andmore efficient businessprocesses.
3. I conceptualisedandimplementedagroup-wide dashboardthatprovidedweekly
feedbackonthe keydriversof profitabilityof the divisionswhichallowedthe
executivetotake the necessarytactical stepstomaximise businessperformance.
Reasonforleaving:Due tothe amalgamationof twodivisionsinTimesMedia,myposition
became redundantandI wasretrenched.
06/2009 to 06/2011 : Group Financial Manager – International Territories
Permanentexecutivelevel position at a JSE listed company, Aspen PharmacareHoldingsLtd.
in the pharmaceuticalsectorin Durban,South Africa.
Directorof OncoLaboratoriesLtd (Aspen’sworldwideoncologydistributionbusinessbased
inCypress)
Directorof AspenHealthcare FZLLc (Aspen’sdistributionbusinessforEurope,Middle East,
NorthAfricaand Canada basedinDubai)
Group finance responsibilityforAsia Pacific,Mauritius,Europe,MiddleEast,NorthAfrica
and CanadiansalesregionsandGermanandAustralianmanufacturingfacilities
Reportedtothe Group Finance Officer
Achievements:
1. Headedthe financial andlegal due diligence thatculminatedinthe acquisitionof a
listedAustralianpharmaceutical companyforR2.4 billion.The acquisitionincreased
revenuesandprofitsof the groupbymore than 20%.
2. Divestiture of Oncologyjointventure withpartnersfromIndia.Due diligence and
valuationconducted onopportunitytoacquire national distributionbusinessinIndia
3. Assimilationof Germanmanufacturingfacilitywithinthe groupandthe upgrade of
SAP ERP system.
4. Setup of trade routesthat were commerciallysoundandtax efficientinEurope,
NorthAfrica,Middle East,AsiaPacificandCanada for global productsacquiredfrom
Glaxo-SmithKline.
Reasonforleaving:Betteropportunity
4. 05/2007 to 06/2009 : Director and Owner
Permanent executive level position at QDE Components in the engineering sector in
Durban, South Africa.
Achievements:
1. Acquisitionof QDEcomponentsandraisingdebttofundthe acquisition.
2. Developedamarketingstrategythatgrew turnover by20% inthe firstyear.
3. Ledthe procurementstrategythatreducedkeysteel inputsby30%
4. Reengineeredbusinessprocessesinthe manufacturingfacility.
Reasonforleaving:soldthe businessdue toprotractedeconomicrecession.
06/2004 to 04/2007 : Executive Commercial Manager
Permanent executive level position at Mondi Shanduka Newsprint(Pty) Ltd, a joint venture
between JSE and LSE listed Mondi Ltd and the Shanduka Group, operating in the paper
manufacturing sector in Durban, South Africa.
Member of the Board and Executive Committee, Trustee of the Pension Fund and attendee
of the Audit Committee
Reported to the CEO
Achievements:
1. Extractedvalue fromthe businessoperationsandMondi sharedservicessuchthat
the businessexceededthe valuationtargetsof the jointventure holders.
2. Contributiontothe prospectusrelatingtothe jointlistingof the Mondi grouponthe
Londonand Johannesburgstockexchanges.
3. Developedsalesopportunitiesfornewsprintuse inschool textbooksinSub-Saharan
Africa.
4. Successful implementationof SAPproductionplanningmodulethatimproved
productionscheduling,capacityutilisationandcustomerservice.
Reasonforleaving:boughtmyownbusiness.
07/2000 to 05/2004 : Executive Financial Manager
Permanentexecutivelevel position atCray Valley Resins SA (Pty) Ltd in thechemical and
resin manufacturing sectorin Durban,South Africa.Cray Valley isa subsidiary of TotalS.A.,a
listed French multinationalcompany.
Directorof HarveysComposites(Pty) Ltd,asubsidiaryof CrayValley.
Memberof the Executive CommitteeandTrustee onthe ProvidentFund
Reportedtothe Managing Director
Achievements:
1. Lead the due diligenceandpartyto the negotiationsforthe successfulacquisitionof
Cray ValleySA byTotal and the acquisitionof HarveysCompositesbyCrayValleySA.
2. Creationof supportservice departmentssuchasfinance,IT,procurementandHR.
3. Creationof IT infrastructure andsuccessful implementationof Adage ERPsystem.
Reasonforleaving:headhuntedbyMondi
5. 07/1996 to 06/2000 : Divisional Financial Manager
Permanent management level position at Tongaat Textiles (David Whiteheads) - a former
Division of a JSE listed company, Tongaat-Hulett Ltd. in the textiles manufacturing sector
in Durban, South Africa.
Reported to the Divisional Financial Director
Reason for leaving: the business was sold
02/1993 to 06/1996 : Auditor
Permanent skilled level position at Price Waterhouse Coopers in the financial sector in
Durban, South Africa.
Reason for leaving: Training contract was completed.
Skills and Experience:
Financial Reporting
Determine the formatandcontentof managementandBoard of Directorreportingpacks
Assessmentof businessperformance of local andinternationaloperations
Reviewandapprove budgetsandquarterlyforecasts andstrategicfiveyearmodels
Presentandreporton resultstothe Executive andBoard of DirectorsandAuditCommittee
Reviewandapproval of the IntegratedAnnual Reportpublishedtoshareholders
Produce andapprove all shareholder communicationsonthe stockexchange
Strategic Financial Management
Determine workingcapital andtreasurystrategy
Bankingfacilitiesnegotiations andcapital raising
Foreignexchange management
Financial appraisalsusingNPVmodelsof new investmentsandoperational proposals
ProvidentFundestablishmentandmanagementof itsinvestmentstrategyasa trustee
Companysecretarial managementandcreationandestablishmentof legal entities
Determinationof investmenthurdle rates(weightedaveragecostof capital)
Optimisationof businesscapital structure
Legal and taxation
Memberof teamthat determinedcrossbordertrade routesfor global products
Memberof panel thatdeterminedtransferpricing policy
Executedcrossborderservice level agreementsbetweenoperations
Determinedandoptimisedtax efficienciesof existingbusinessesandreorganisations
Review andapproval of legal agreements andensure covenantsare compliedwith
Company secretarial management and creation and establishment of legal entities
Risk Managementand Governance
Reviewriskassessmentsandensure strategiesandcontrolstomitigate these risks
Drive and approve the enterprisedisaster recoveryand businesscontinuityinitiatives.
Review andapprove sustainabilityreportsinline withKingIIICorporate Governance
Reviewandapprove ApprovalsFrameworks
Provide oversightonInternal ControlsFrameworkcompilation
Liaise withmanagementandexternal auditorsandensure auditmeetgroupdeadlines
Appointmentof external providersof internal auditfunction andapprove scope of work
Ensure recommendationsidentifiedbyexternal andinternal auditare implemented
6. Insurance
Collate andconsolidate insurance declarationsof subsidiaries
Liaise withinsurance brokerswithregardstoplacementof insurance
Determine type andlevel of insurance covers
Liaise withforeignsubsidiariesregardingthe placementof local cover
Attendtoad-hoc insurance coverrequired(contractworks/clinical trials)
Attendtoinsurance claims
Acquisitions
Negotiations,due diligence andconclusionof acquisitionof the targetbusiness
Determine the viabilityof the targetandvalue the business
Manage the financial andlegal due diligence
Assessthe termsof the sale agreementwithlegal advisors
Compile businessplans
Assessthe performance of the businessagainst valuationprojections.
InformationTechnology Strategy
Determine ITpolicy, strategyandvision
IT systemsassessmentandneedsassessmentof the organisation
Approve ITdisasterrecoveryplansandriskassessmentinthe ITenvironment
Chairmanof steeringcommittee andexecutive sponsorof ERP implementations
Marketing
Review andapprove salesanddistributionagreements
Engage withmanagementon the creationandperformance of new saleschannels
Strategicinputonthe marketingvision,product innovation andcustomernegotiations
Approval of price increasesandthe price determinationof new products
SupplyChain
Determine the overall procurement strategy with Purchasing Manager.
Negotiations with key suppliers and approval of supply contracts
Warehouse and logistics management
Human Resources
Input on determination of grading system of employees and performance assessment
Determination of management incentive scheme and annual increments
Implementation of HR and payroll systems
Contribution towards HR policies
Operations Management
Production planning management and capacity planning
Strategic input in operations management
Optimization of production efficiencies
Assess relevance of production costing models
Strategic Businessmanagement
General enterprise-wide strategicplanningandexecution
Businessprocessandprocedure review includingre-engineeringof processesif necessary
Companypolicyformulationinconjunctionwiththe ManagementExecutiveTeam