FINANCE INDABA PROGRAMME

DAY TWO

17 October 2019

09:15

Rebuilding after lies and corruption: Hey, finance professional, what can YOU do?

09:15 - 09:45

Speaker: Athol Williams, Poet, strategist, senior lecturer

 

Auditors, CFOs and their finance teams couldn’t prevent corruption and state capture scandals at local giants like Steinhoff, Transnet and Tongaat Hulett – or at global corporates like McKinsey, SAP, KPMG and Bain. Where does this leave you, your profession, your career and your country? What needs to happen to restore good corporate governance and what role can you play? In this keynote, you’ll be provided with answers and challenges from Athol Williams – poet, strategy consultant, holder of five international masters degrees, and senior lecturer – strategy and corporate responsibility at the Graduate School of Business at UCT.

15:00

Entertainment

15:00 - 15:45

Entertainer: Nik Rabinowitz

 

Renowned comedian Nik Rabinowitz will be sharing side-splittingly funny stories about finance. His banter and humour will ensure immediate remorse for entering the profession. Be prepared for hysterical laughter as Nik delivers the best of South African humour.

Ballroom 2 - Learn from the C-Suite

10:00

Learn from MTN's multi-award-winning CFO of the Year

10:00 - 10:45

Speaker: Ralph Mupita, CFO MTN

 

What does it take to be nominated as an award winning CFO? How do you stand out above your peers in challenging and turbulent times? Looking for a way to boost and fast track your finance journey to the C-Suite? Get the inside scoop here. Georgina Guedes (Editor-in-Chief, CFO South Africa) will be conducting this interview with MTN/ CFO Ralph Mupita who won four awards including CFO of the Year at the 2019 CFO Awards.

11:00

Stop empowering Women... Acknowledge them

11:00 - 11:45

Speakers: Dineo Molefe, MD  T-Systems, Tryphosa Ramano, CFO  PPC, Charlotte Sanqela, CFO  Discovery Health Medical Scheme, Marlé van der Walt CFO – Investec Specialist Bank

 

South Africa’s boardrooms are dominated by men. We often hear about the need for businesses to transform and to start empowering women within. What a load of hogwash! Women don’t need to be empowered they need to be acknowledged. Listen to top tips from this panel of Wonderwomen.

12:00

Lunch and networking

12:00 - 12:45

13:00

Advice for my younger self

13:00 - 13:45

Speakers: Craig Sumption, CFO Hatch Africa, Andrew McMaster, FD Peninsula Beverages, Senele Mbatha CFO – Discovery Vitality

Would’ve, could’ve, should’ve, didn’t… We all know that the way to fast-track growth and development is to learn and follow the steps of successful leaders. In this session you’ll learn about the highs, the lows, the failures and all of the glory. You’ll walk away with new perspectives, actionable ideas and a fast-tracked approach to gaining success and navigating your finance career.

14:00

Supporting South Africa: Dreams and nightmares of public sector CFOs

14:00 - 14:45

Speakers: Dumisani Dlamini, CFO SANParks, Krish Kumar, CFO  eThekwini Metropolitan Municipality, Innocent Gumbochuna, CFO QCTO

 

Political unrest, corruption, trials, tribulations and scandals. All in a days work… Learn about what it takes to survive and thrive in the public sector. You’ll learn about the massive win’s and the challenges overcome, by some incredibly strong determined and optimistic finance Leaders within the Public Sector.

Ballroom 3 - Discover your inner maverick

08:45

Charterquest CFO Competition Finalist Announcement

08:45 - 09:15

Speaker: Valentine Nti, Founding Chief Executive CharterQuest

 

The CFO is an annual, open-entry, and global multi-stage business strategy and leadership-focused case study competition, organised by The CharterQuest Institute South Africa. It challenges university students around the world and high school students in Africa to prove they can compete at the highest level: by solving a set of complex and integrated finance, operational, strategic and ethical problems that beset a real-world global business in the emerging markets.

10:00

Is your enterprise and supplier development (ESD) strategy in place to tick boxes or make meaningful change?

10:00 - 10:45

Speaker: Yugen Pillay National Director of Business Consulting SNG Grant Thornton, Litha Kutha ESD Director Tigerbrands, Bongumusa Kunene, CEO Kevali Chemicals, Tony Balshaw, BEE Verification Director SNG Grant Thornton

 

There will be new ESD codes coming into effect on 1 December. Are you familiar with the changes and what they will mean for your business? Are your incubation programmes sustainable and geared for long-term partnerships? Are you a value-led organisation using ESD to boost SMEs and the SA Economy? During this session, the panel will take you on an incredible journey sharing everything you need to know about ESD. You’ll also hear some amazing success stories of successful and sustainable incubatee programs that are creating meaningful change to the lives and communities of many South Africans.

11:00

Why I am optimistic about doing business in SA

11:00 - 11:45

Speaker: Alan Knott-Craig Jnr, Executive Chairman HeroTel

 

Alan Knott-Craig, best-selling author, entrepreneur and tech whizz, uplifted a nation when we needed it most with his article “Why I am optimistic about South Africa”. Now you can see him in action at the Finance Indaba sharing his informed and insightful views on why he is optimistic about doing business in South Africa. Given his history of setting up successful South African businesses, and his current work with Project Isizwe, which delivers internet access to low-income communities, Alan’s voice of optimism is a credible one. He will inspire you with his conviction that for finance professionals, South Africa right now is the right place at the right time.

12:00

Lunch and networking

12:00 - 12:45

13:00

The future of Finance

13:00 - 13:45

Speaker: Graeme Codrington International Speaker | Author | Futurist, TomorrowToday Global

 

By the year 2025, more than 50% of the jobs that your Company does today will no longer exist. The 4th Industrial Revolution is here and transforming the world as we know it. AI, RPA, and Machine Learning are revolutionising the finance space. The only question left to answer is… Will you still be relevant or will you become redundant?

14:00

Are you willing to move from business as usual to business unusual?

14:00 - 14:45

Speaker: Pat Mokgatle, Senior Business Development Manager BDO

 

Business has evolved, which requires the adoption of unorthodox approaches. An alliance between the older generation and the younger generation are at the forefront of disruption. Are you leveraging the critical aspects of new-age business? Are senior finance leaders prepared for millennials in the traditional corporate set up? Join us as we unpack this phenomenon and unleash our inner mavericks.

Ballroom 4 - Discover the future today

10:00

The importance of ethics for the accounting professional working with machine learning with ACCA

10:00 - 10:45

From robotics and cloud to AI and blockchain, digital is arguably the biggest factor shaping the future of the accounting profession. Machine learning offers new opportunities, but with power comes responsibility – ethical considerations cannot be ignored.

11:00

Does finance have a future in a digital world?

11:00 - 11:45

Speakers: Mritunjay Kapur Head of Advisory, Liesl Slabbert Associate Director: Intelligent Automation,  KPMG

 

The transformation of business has gone digital – will the finance function cease to exist, replaced by smart technology and bots, or is there a way to future proof finance? In this session you will have the opportunity to hear about the latest trends and developments (including intelligent automation) and about how finance needs to rapidly evolve to remain relevant.

12:00

Lunch and networking

12:00 - 12:45

13:00

Panel discussion: The future of finance

13:00 - 13:45

Speakers: Brett Tromp – CFO of Discovery Health and CEO of Discovery Healthcare Services, Dr Nik Eberl – MC,  Bonnie Smith – General Manager, Technology for Flight Centre Manager Group, Andre Fourie – Director at Zentae Consulting, Willie Khoroeadira – Chief Whip, SAP Concur

 

Join us on the 17th October for the official launch the Future CFO Forum. Engage with our panel of finance catalysts on how businesses are re-inventing themselves as highly responsive, customer-centric, technology-driven organizations and the impact on the future CFO.

14:00

The fourth industrial revolution is not coming… It's here!

14:00 - 14:45

Speakers: Lars Fischer, Operating Director,Michael Page, Abhishek Kapur , Partner  EY, Elisa Mkhize, CFO  Clinix 

 

Does your organisation have a team of highly specialised experts and a culture to embrace the Fourth Industrial Revolution? 4IR is not coming, it’s already here, and it is fundamentally shifting every aspect of your business. Have you proactively embarked on a transformation of your processes, mindset and people? Join this panel discussion on moving from the Third to the Fourth Industrial Revolution.

Boardroom Sessions - Grow your mind, knowledge, and skills

10:00

If you're reliant on your technical capability skills only, expect to be made redundant soon

10:00 - 10:45

Speaker: David Makovah, UCT GSB Customised Programme

 

Businesses across the world are no longer content with only technical capabilities. Finance professionals are expected to be drivers of value, growth and strategic change in leading organisations. This is a critical role they are able to play because of the privileged position in which they sit, with an overall view of the business as a whole. This value-added role requires a very different skill set. Finance professionals need to be able to grow their minds and overall business perspective, anticipate sectoral and technological changes, and lead the interventions that a company must make to remain relevant and in a rapidly evolving business environment. This session looks at your role in driving transformational changes, and the mindset, knowledge and skill set required beyond the traditional finance technical capacity.

11:00

Culture eats strategy for breakfast

11:00 - 11:45

Speaker: Andrew McMaster, FD Peninsula Beverages

 

Without a strategy in place your business is destined to fail. Since the beginning of time, strategy has been perceived as one of the leading contributing factors to a business’s success or failure. Have we ever stopped to think about the people behind the strategy? How do we create an environment in which people will perform and flourish? “”Only three things happen naturally in business: friction confusion and underperformance… Everything else requires leadership.”” – Peter Drucker. Join this session with Andrew McMaster, FD of Peninsula Beverages, and he will challenge you into believing a new reality of why culture is so important and what you can do to improve yours today.

12:00

Lunch and networking

12:00 - 12:45

13:00

Financial reporting challenges all CFOs should be addressing (download full session here)

13:00 - 13:45

Speaker: Bruce McKenzie, MD W. Consulting

 

2018/9 are pivotal years for all companies. New accounting standards, interpretations and other pronouncements will change the way companies are reporting to stakeholders. Join Bruce Mackenzie, IFRS Interpretations Committee (IFRIC) member and CEO of W.consulting, a JSE accredited IFRS Advisory Firm, to discuss the key issues companies should be addressing in the coming years.

14:00

Heads up - The auditors are coming!

14:00 - 14:45

Speaker: Imre Nagy Director – Inspections, IRBA

 

Recent corporate failures have led to a significant drop in public confidence in financial reporting and auditing. It is therefore no surprise that there have been some significant changes to the world of auditing over the last few years, and there is still uncertainty in the minds of many finance professionals of what this means for them. Join this robust session to find out everything you need to know as it relates to:
• Recent failures and the expectation gap
• Business failure vs audit failure
• Professional ethics and independence questioned
• MAFR update
• Comprehensive regulation of accountants
• The impact of stricter audit regulation on businesses
• Higher risk and higher fee structures
• Restoring confidence”

Breakaway 1 - Grow your competitive edge

10:00

Are you ready for the future?

10:00 - 10:45

Speaker: Grant Searle, Partner PwC

 

There’s no denying that the finance function has evolved rapidly and is continuing to evolve and grow. The real question is, are you ready for the transition? As a finance business leader, are you personally equipped with the skill set to make a success of this transition? Grant Searle from PwC will be discussing three vital points:
* The new personas that finance will need.
* The new role of business partners
* Implementing new operating models
This is a session you can’t miss!

11:00

The future of financial reporting is here.

11:00 - 11:45

Speaker: Rory Voller, Deputy Commissioner CIPC

 

Become a CIPC XBRL guru. Learn about the latest changes, implications and updates. In this thought-provoking session, you’ll hear the latest updates, trends, patterns and implications of the recent XBRL implementation. You’ll learn about the trends relating to the use of IFRS and IFRS for SMEs, FAS filings, BI reports and the CIPC’s monitoring role regarding AFSs.

12:00

Financial modelling essentials - Prepare, predict and prosper (Click here to dowbload PDF)

12:00 - 12:45

Speaker: Colin Human, CEO Goalfix

 

Do you want to take the guesswork out of your business? Financial models allow you to increase predictability and make more informed decisions. In this powerful session from Goalfix founder and financial modelling guru Colin Human, you will gain an understanding of how good financial modelling can answer all your uncertainties, maybes and what-ifs. Don’t miss out on the chance to develop your knowledge and help your business prosper!

13:00

Does your CFO expect month end to be completed by the end of the month? (download PDF session here)

13:00 - 13:45

Speaker: Paul Morgan, Business Unit Lead Altron Karabina

 

South African companies are going through tough economic times. And the finance office is not exempt – retrenchments, headcount freezes and increased regulatory demands mean that finance teams have more work to complete in less time than ever before. Reporting and planning in Excel alone just won’t cut it any more. Host Analytics, the world’s leading finance, planning and analysis tool, allows finance teams to regain control of their time. Join this session to hear how automated, flexible finance reporting from any combination of source ERP systems, combined with budgeting, planning and advanced modelling will help your month ends close before your CFO expects.

14:00

Technology and advanced thinking: A perfect environment for intelligent finance

14:00 - 14:45

Speaker: Martin Kotze,  BlackLine

 

We are not re-inventing the wheel but taking the combined power of our local partnerships and posing the question ‘How can we do it better?’ During this session you will learn how to standardise, control and manage risks associated with the financial close. Key challenges with bank reconciliation, balance sheet substantiation, compliance, task management and workflow will all be addressed. Remember: ‘Trust is in the balance

Breakaway 2 - Discover the winning tech of 2020

10:00

The integrated financial reporting ecosystem (download full session here)

10:00 - 10:45

Speaker: Nienke Kruger, Product Manager AdaptIT

 

In a world of ever-increasing reporting complexity and statutory responsibilities, finance professionals have to manage a multitude of key compliance requirements. Accountants can no longer afford to work in silos and manage key responsibilities in isolation of one another. Join this live demo to experience the integrated compliance approach to annual financial statements, IAS34 interim reporting, annual return and XBRL and data management.

11:00

Innovation in the finance function (download full session here)

11:00 - 11:45

Speaker: Mona Mahdy, Director Netsuite

 

In 2019, businesses have to fight harder than ever to attract and maintain customers either online or in-store. This has forced them to focus on customer-facing systems, neglecting the need to automate back-office systems. Mona Mahdy, NetSuite Director -Africa & Levant, delivers startling insights about the appetite for finance innovation, including the impact of organisational culture, attitudes to risk and the impact on businesses when finance teams actively innovate, while late adopters lag behind. In this session, learn how finance innovators are now closing their books faster, producing more accurate financial forecasts and are less tied to legacy systems.

12:00

Lunch and networking

12:00 - 12:45

13:00

The future of financial planning and analysis – From Excel to integrated planning through to AI

13:00 - 13:45

Speaker: Phumzile Skosana, Senior Solutions Consultant ERP/EPM Cloud Oracle

 

Why spend hours running reports, when a machine can find patterns in data much faster than a human? Move from analysis to ACTION much faster and with better insight that humans could not easily find on their own. Imagine a world where you had full transparency and a 360 degree view of your business performance. Join Phumzile Skosana to explore the benefits of automated decision-making and the value AI can bring to budgeting, forecasting, and planning

14:00

Disruption is the new normal

14:00 - 14:45

 

 

Disruption has become a buzzword over the last few years, and rightly so. There are hundreds of companies that were stuck in their ways and did not evolve, and as a result were forced to close their business. If you are still trying to solve tomorrow’s problems with today’s thinking, you are being left behind. You need to transform your organisation, redefine the way you operate and think bigger if your business is to have any chance of survival.

Breakaway 3 - Learn beyond your numbers

10:00

How you can give your customers value that matters to them (download PDF session here)

10:00 - 10:45

Speaker: Lana-Lee Ross Executive Head: Discovery Business Insurance at Discovery Limited

 

We live in a new world where transactional selling is a thing of the past. Customers no longer view price as an advantage over your competitors. If you want to build a sustainable company that will endure tough economic times, you need to respond to customer needs to address social problems and implement a shared value model. This results in your customers gaining “the feel good factor” they are searching for. Shared value is not only about doing what is good from a moral and ethical stand point, but it’s about doing what is good from a social perspective. Join this session to learn how you can build a healthy and sustainable business with customer champions who believe in your values and business offering. Lana-Lee Ross will share case studies and examples of companies who have got this right, as well as a framework you can implement today to become a business of the future.

11:00

Criminals: Some are really not as clever as they think

11:00 - 11:45

Speaker: Dominic Nel, Chief Revenue Officer, VATSure

 

Over the past few years, South Africa has seen its fair share of commissions and inquiries, many of which have been set up specifically to investigate some well-known big businesses that made headlines for all the wrong reasons. This talk takes a look at some real life examples of how corporate criminals operate and give insights into ways for you to protect your hard-earned revenue.

12:00

Hacking finance

12:00 - 12:45

Speaker: Kery Boucher, Lead facilitator Accounting Made Easy

 

Kery Boucher, financial education guru at Accounting Made Easy, will be unpacking the top 10 misunderstood terms in finance, allowing you to have better accounting and finance conversations which will, in turn, significantly impact efficiency and boost business.

13:00

Ensuring an effective return on your company’s salary bill through smart workforce analysis and planning

13:00 - 13:45

Speaker: Talita Jacobs, Head of Consulting, Momentum

 

Companies are facing challenges aligning employee engagement and productivity with increasing salary bills. With a new generation of employees fast becoming the larger part of many companies’ staff composition, it is important to understand today’s staff landscape and the reasons behind a workforce that is potentially not making the financial contribution to your company that you were hoping for. Momentum Consultants and Actuaries understand what it takes to serve the changing needs of the new generation of employees. Emda Fourie shares how to make sure that your salary bill works for you by analysing, understanding and planning for a changing workforce to ensure that they contribute to the financial success of the company through increased engagement and productivity.

14:00

What YOU can do for your country

14:00 - 14:45

Speaker: Colin Coleman, CEO  Goldman Sachs

 

The South African economy has never been more fragile. With the extensive brain drain we are experiencing and the massive unemployment rate at the moment, are things as grim as they seem? Get a glimpse of whats really going on from leading business leaders who will take us through a journey of macro South Africa, our political economy and the role that corporate South Africa and civil society can play in building a better future for all.