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MENACHE Maurice                                                                                         1/3
Avenue de Beloeil 20                                                                  Home: +32 2 351 17 69
B - 1180 Brussels                                                                    Mobile: +32 474 63 12 97
Belgium                                                                            Email: mmenache@swing.be

            ________________________________________________________________________________________

            Entrepreneurial Finance Professional with international experience seeks new
            opportunity.
            ________________________________________________________________________________________

            PROFILE
              Extensive Finance and Administration experience managing teams of up to 25
               employees.
              4 years as Human Resources Manager, supporting 600 employees.

            EXPERTISE
              Conduct Business development: Strategies and implementation to meet company
               objectives. Mergers & Acquisitions due diligence.
              Perform Opportunity analysis: Costs vs. benefits of potential investments, develop
               system requirements and formulate business specifications.
              Analyze, comment and present monthly, quarterly and annual financial statements
               vs. budget and prior-year results under Belgian, Dutch, South African & US GAAP.
              Research, develop and write company policies and procedures.
              Review, evaluate and report with recommendations on adequacy and effectiveness of
               risk management procedures, internal control systems, information systems,
               governance processes, operational activities and change optimization.
              Document, evaluate and test controls in terms of SOX requirements. IFRS quality
               assurer.
              Manage cost accounting, accounting, reconciliation, invoicing, collection, payroll,
               customer service, budget & forecast, banking and year-end audit requirement
               activities.
              Develop Human capital, business integration and industrial relations.

            SKILLS & VALUES
              Analytical and result oriented.
              Sincere and strongly committed.
              Motivator, favoring employee development through empowerment.

            PROFESSIONAL EXPERIENCES
               TRUVO CORPORATE – Belgium (Previously World Directories)                   01/00 –
                08/09
            HQ Finance Director reporting to VP & Corporate Controller                  02/09 – 08/09
            Director: Internal Audit, Facilities & Special Projects reporting to
            CFO & Audit Committee                                                       11/05 – 01/09
            SOX Implementation Manager reporting to CFO                                 09/04 – 10/05
            Finance Manager – Operations reporting to Group Controller                  01/00 – 08/04

         Key Achievements
         Designed, developed and implemented a Business Control Framework that incorporated
          requirements of SOX and Tabaksblat Code with view to listing on NYSE.
         Relocated company twice within 12-month period, due to operational changes, with
          minimal disruption. Although not the reason for move, second move generated savings
          on rental costs of 8% per annum.
         Lead finance team for four major acquisitions; in the UK: £190Mio; Eastern Europe:
          €300Mio; Ireland: €185Mio and Romania: US$30Mio, (acquired Ireland and Romania).

              TELKOM DIRECTORY SERVICES – South Africa                                    10/89 –
               12/99
MENACHE Maurice                                                                                      2/3
          Human Resources General Manager reporting to Managing Director           02/95 –
          12/99
          Financial Controller reporting to Group Financial Controller             10/89 – 01/95

       Key Achievements
       Developed new customer services system to reduce customer response delay from 25 to
        15 working days.
       Developed Human Resources department comprising 3 people to support 600
        employees nation-wide. Department provided services in areas of training and
        development, developing and implementing policies and procedures, recruitment,
        employee counseling, job evaluations, job descriptions, job grading, labor relations and
        union negotiations.
       Integrated cultures, policies and bridged salary and benefits parity following a joint
        venture between Telkom (government organization) and Directory Company (private)
        with unions and management consent.

            GOODGOLD JEWELLERY SALES – South Africa                                   05/87 –
             09/89
          Accountant reporting to Managing Director

          Key Achievements
          Developed computerized system to track customer orders as they proceeded through
           credit vetting, inventory picking, dispatching and invoicing, with automatic posting to
           debtors’ ledger and the production of various reports for inventory management. System
           reduced delay of delivery from 4 weeks to 2 weeks and optimized inventory
           management.

            LANCERBOSS AFRICA & THOMPSON EQUIPMENT – South Africa                     03/83 –
             04/87
          Financial Director & Company Secretary reporting to MD

            INTERNATIONAL EXPORTS – South Africa                                      02/81 –
             02/83
          Export Manager & Accountant reporting to 2 partners

          Key Achievements
          In a time when South Africa was subjected to economic boycott, managed to secure
           government contracts with neighboring countries to supply various commodities,
           including staple food for Democratic Republic of Congo and bitumen for Mauritius.

            SACKS RESNICK SHER & PARTNERS – South Africa                              02/80 –
             01/81
          Audit Clerk reporting to Audit Manager

          ACADEMIC EDUCATION
             Bachelor of Commerce – University of the Witwatersrand - South Africa   78
              – 80
          Courses: Accounting 2 years, Mathematics & Stats, Business Economics 2 years,
          Economics 2 years, Commercial Law 3 years, Communication, Marketing, Industrial
          Psychology and Income Tax.
             Business Management – Damelin Management School - South Africa          81
              – 81
          Courses: Management Accounting, Decision Theory and Computers, Finance, Human
          Relations, Business Policy and Marketing
             Industrial Relations – Damelin Management School - South Africa       95 –
              95

          LANGUAGE SKILLS
            English: Mother Tongue
            French: Fluent
MENACHE Maurice                                                                       3/3
            Dutch:   Basic (attended course at the CLL Language Centre – Brussels)

          PERSONAL DETAILS & INTERESTS
            Date of Birth:    08/12/1958
            Place of Birth:   Democratic Republic of Congo
            Nationality:      Italian
            Marital Status:   Married
            Children:                 2
            Hobbies:                  Reading, music & chocolate making

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Finance Professional

  • 1. MENACHE Maurice 1/3 Avenue de Beloeil 20 Home: +32 2 351 17 69 B - 1180 Brussels Mobile: +32 474 63 12 97 Belgium Email: mmenache@swing.be ________________________________________________________________________________________ Entrepreneurial Finance Professional with international experience seeks new opportunity. ________________________________________________________________________________________ PROFILE  Extensive Finance and Administration experience managing teams of up to 25 employees.  4 years as Human Resources Manager, supporting 600 employees. EXPERTISE  Conduct Business development: Strategies and implementation to meet company objectives. Mergers & Acquisitions due diligence.  Perform Opportunity analysis: Costs vs. benefits of potential investments, develop system requirements and formulate business specifications.  Analyze, comment and present monthly, quarterly and annual financial statements vs. budget and prior-year results under Belgian, Dutch, South African & US GAAP.  Research, develop and write company policies and procedures.  Review, evaluate and report with recommendations on adequacy and effectiveness of risk management procedures, internal control systems, information systems, governance processes, operational activities and change optimization.  Document, evaluate and test controls in terms of SOX requirements. IFRS quality assurer.  Manage cost accounting, accounting, reconciliation, invoicing, collection, payroll, customer service, budget & forecast, banking and year-end audit requirement activities.  Develop Human capital, business integration and industrial relations. SKILLS & VALUES  Analytical and result oriented.  Sincere and strongly committed.  Motivator, favoring employee development through empowerment. PROFESSIONAL EXPERIENCES  TRUVO CORPORATE – Belgium (Previously World Directories) 01/00 – 08/09 HQ Finance Director reporting to VP & Corporate Controller 02/09 – 08/09 Director: Internal Audit, Facilities & Special Projects reporting to CFO & Audit Committee 11/05 – 01/09 SOX Implementation Manager reporting to CFO 09/04 – 10/05 Finance Manager – Operations reporting to Group Controller 01/00 – 08/04 Key Achievements  Designed, developed and implemented a Business Control Framework that incorporated requirements of SOX and Tabaksblat Code with view to listing on NYSE.  Relocated company twice within 12-month period, due to operational changes, with minimal disruption. Although not the reason for move, second move generated savings on rental costs of 8% per annum.  Lead finance team for four major acquisitions; in the UK: £190Mio; Eastern Europe: €300Mio; Ireland: €185Mio and Romania: US$30Mio, (acquired Ireland and Romania).  TELKOM DIRECTORY SERVICES – South Africa 10/89 – 12/99
  • 2. MENACHE Maurice 2/3 Human Resources General Manager reporting to Managing Director 02/95 – 12/99 Financial Controller reporting to Group Financial Controller 10/89 – 01/95 Key Achievements  Developed new customer services system to reduce customer response delay from 25 to 15 working days.  Developed Human Resources department comprising 3 people to support 600 employees nation-wide. Department provided services in areas of training and development, developing and implementing policies and procedures, recruitment, employee counseling, job evaluations, job descriptions, job grading, labor relations and union negotiations.  Integrated cultures, policies and bridged salary and benefits parity following a joint venture between Telkom (government organization) and Directory Company (private) with unions and management consent.  GOODGOLD JEWELLERY SALES – South Africa 05/87 – 09/89 Accountant reporting to Managing Director Key Achievements  Developed computerized system to track customer orders as they proceeded through credit vetting, inventory picking, dispatching and invoicing, with automatic posting to debtors’ ledger and the production of various reports for inventory management. System reduced delay of delivery from 4 weeks to 2 weeks and optimized inventory management.  LANCERBOSS AFRICA & THOMPSON EQUIPMENT – South Africa 03/83 – 04/87 Financial Director & Company Secretary reporting to MD  INTERNATIONAL EXPORTS – South Africa 02/81 – 02/83 Export Manager & Accountant reporting to 2 partners Key Achievements  In a time when South Africa was subjected to economic boycott, managed to secure government contracts with neighboring countries to supply various commodities, including staple food for Democratic Republic of Congo and bitumen for Mauritius.  SACKS RESNICK SHER & PARTNERS – South Africa 02/80 – 01/81 Audit Clerk reporting to Audit Manager ACADEMIC EDUCATION  Bachelor of Commerce – University of the Witwatersrand - South Africa 78 – 80 Courses: Accounting 2 years, Mathematics & Stats, Business Economics 2 years, Economics 2 years, Commercial Law 3 years, Communication, Marketing, Industrial Psychology and Income Tax.  Business Management – Damelin Management School - South Africa 81 – 81 Courses: Management Accounting, Decision Theory and Computers, Finance, Human Relations, Business Policy and Marketing  Industrial Relations – Damelin Management School - South Africa 95 – 95 LANGUAGE SKILLS  English: Mother Tongue  French: Fluent
  • 3. MENACHE Maurice 3/3  Dutch: Basic (attended course at the CLL Language Centre – Brussels) PERSONAL DETAILS & INTERESTS  Date of Birth: 08/12/1958  Place of Birth: Democratic Republic of Congo  Nationality: Italian  Marital Status: Married  Children: 2  Hobbies: Reading, music & chocolate making