Dawid Vermaak

DAWID VERMAAK QUALIFCATIONS AND RESIDENCY     Bachelor in Accounting (Honours) | University of JHB | 2003 CFA Level 2 and 1 | CFA Institute | 2011 CA (SA) | SAICA | 2006 & CPA Registered in Australia 2023 Permanent resident in Australia PROFESSIONAL SUMMARY CONTACT INFORMATION 3 Henrietta Street, Townsville, 4811 - / -- An intrinsically motivated and experienced chartered accountant with a professional background in Financial Management. Recognised as an excellent leader in delivering a wide range of solution-focused, high-quality corporate and investment banking, corporate finance, investment holding, treasury and property investments services. I ensure accurate and efficient management of processes while focusing on achieving the organisation’s strategic direction, innovation, and continuous improvement. I am committed to my personal and professional growth and I am seeking an opportunity to provide loyalty, value and a desire to succeed at a valued and progressive organisation. EMPLOYMENT HISTORY Illovo Sugar Group | 2020 – 2023 – Africa’s largest sugar producing group with operations in 7 countries. Illovo has annual turnover upwards of USD 2 billion and is 100% owned by Associated British Foods listed on FTSE 100 Group Treasury Specialist  Managed 2 direct reports at head office and 9 indirect reports spread at the operations  Supporting the Head of Group Treasury in overseeing and communicating treasury risks, encompassing compliance, finance costs, foreign exchange exposure, and liquidity, through managing the treasury operations within the corporate office  Offering treasury-related assistance to optimise the legal structuring and funding of group operations  Utilising industry experience and understanding in conducting thorough analysis and providing reports on finance costs, foreign exchange (forex), and treasury indicators to the broader group  Acting as a person of authority, calling on extensive professional knowledge to provide other staff members with professional and legislative based information and understanding when called upon  Generating comprehensive treasury reports covering areas such as borrowings, facilities, currency exposure and finance costs  Delivering technical accounting guidance and assistance concerning treasury instruments, and facilitating the implementation of new and updated accounting standards and policies related to treasury functions  Ensuring that all of the organisational accounting and financial practices are in line with statutory regulations and legislation, also analysing the financial climate and market trends to assist the business in creating strategic plans  Providing support for projects involving the assessment of funding options and making recommendations on their feasibility  Coordinating fundraising efforts, both debt and equity, for approved projects and acquisitions with potential funding providers, and conducting feasibility studies for funding opportunities  Utilising risk management tools to assess, mitigate, and monitor risks, including potential breaches of banking covenants  Monitoring, tracking, and providing support and tools to minimise finance costs and optimise liquidity in net working capital Achievements:  Successfully arranged debt and equity financing of $400m on various capital expansion projects  Timely implementation of new SAP and Treasury 360 modules throughout group businesses catering to each business’s operational requirements, resulting in monthly reporting cycle shortening by 2 days.  Developed various new alternative hedging mechanisms to ensure 100% coverage at all operations.  Instrumental in steering several negotiations between Illovo, ABF, and government and community representatives to ensure the approval of grants awarded for funding developments in rural areas. \ UBU Core | 2018 – 2020 (contract) – A start-up Fintech company funded through USD 20 million seed capital received from a Norwegian venture capital firm Financial Manager (contract)  Successfully completing all statutory registrations, submissions of returns, and implementing new reporting processes, controls, and systems while consistently keeping all stakeholders well-informed.  Ensuring appropriate internal controls are in place and operating effectively and are monitored regularly.  Demonstrating proficiency in resolving accounting backlogs and ensuring a program of reconciliation exists for all accounts to ensure preparedness for audits, including the appointment of auditors and coordination of audit processes. Expedited the obtaining of clean audit opinions and signing of financial statements.  Conducting cash flow planning and forecasting to ensure prompt supplier payments, while also preparing regular management accounts and monitoring budget variances. Ensured that the business never ran out of cash and kept all stakeholders informed.  Effectively communicating funding requirements to investors and successfully obtaining exchange control clearance. Achievements:  Streamlining the process of obtaining clean audit opinions and expediting the signing of financial statements by several weeks while conforming with applicable accounting standards and legislative requirements.  Proactively maintaining optimal cash flow levels, ensuring the business never experienced a cash shortage. HYPROP Investments | 2017 (contract) - A Real Estate Investment Trust listed on the Johannesburg Stock Exchange with a total portfolio value of USD 3 billion Financial Project Manager (contract)  Undertaking key responsibility for the comprehensive preparation of property portfolio management accounts, all financial statements and reports, ensuring accuracy and adherence to relevant accounting standards and regulations  Developing sophisticated financial models, incorporating relevant market data, performance indicators, and risk assessments, to accurately project the financial performance and potential returns of the property portfolios.  Providing monthly and annual financial reporting and quarterly and annual budget statements to the Board.  Provide expert advice on the design and deployment of financial systems, processes and procedures in identifying matters for development. Achievements:  Successfully ensuring the timely publication of the annual report, achieving a significant improvement in the quality of reporting  Obtaining sign-off from all relevant parties involved, adhering to the requirements of a dual national listing, ensuring effective coordination and communication among multiple stakeholders Land and agricultural Development Bank of South Africa | 2016 – 2017 (contract) with loan book of $3 billion Structured Investment Specialist  Facilitated deals from start to finish by steering the development of innovative financing solutions. Led client negotiations and implemented new deal structures.  Obtained approval of deals from various bank forums and committees.  Reported on new funding structures and progress of transaction approvals.  Completed all required documentation, ensuring compliance with policies and regulations. Achievements:  Developed various new innovative funding mechanisms to cater to specific requirements of clients. Influenced the various forums to enable the bank to take equity stakes and providing Mezzanine funding for the first time.  A number of large deals were successfully executed, resulting in increased profits of $35 million. FURTHER EMPLOYMENT Standard Bank | 2015 – 2016 (contract) – Africa’s largest bank with market cap of USD 30 billion Equity Analyst QUINCE Capital | 2014 – 2015 (contract) – Asset finance company with debtors book of $100m Treasury Analyst Dealbridge | 2012 – 2013 (contract) Corporate Finance Analyst A Complete List of Employment History Prior to 2012 Can Be Provided Upon Request REFERENCES A List of Professional and Personal References Can Be Provided Upon Request