Meet The Team

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DEON STALS

CEO

deon@focost.com

Deon has held various financial management, cost management, cost engineering, management accounting, auditing(external/internal) junior and senior positions during his working career in various industries and also served as a financial executive, financial director and exco. member on board level in a multi-billion rand national group of companies. Deon also successfully completed his BComm(Accounting Sciences)(Pretoria) and Hons. BCompt/CTA(Accounting Sciences)(Unisa) degrees, accounting and auditing articles with Price Waterhouse Coopers(PWC) and has had extensive exposure and experience in external audit practice with a widely ranged national and international client base. He also successfully completed courses in, and is sufficiently experienced in MS Excel, MS Word, MS PowerPoint, Hyperion Fin Pack, Familiar with Accpac and various in-house network systems, SAP in Saudi Aramco environment, Internet, Outlook. He also had extensive practical exposure and experience on an international Activity-Based Costing & Management (ABC&M) system and successfully operated this operational system in the past. He is academically suitably qualified and commensurately experienced in ABC&M and, inter alia, has successfully designed and implemented such ABC&M systems in a local multi-billion rand national organization and some other SME’s locally. Deon is currently researching (ABC&M) and Cost Engineering further and writing a MPhil (Management/Cost Accounting) dissertation at Unisa on a specific topic of strategic management/cost accounting. Deon was also trained as a cost engineer in Saudi Aramco(Arab mining company, the largest oil, gas and petroleum company in the world) and has also worked in Saudi Aramco, in Saudi Arabia(various locations), Middle East, as a senior cost engineer until 2015; apart from other very valuable training, exposure and experience gained in Saudi Aramco, this has also given Deon invaluable exposure and experience to cost engineering and SAP, as well as project management and reporting.

Deon is also doing workshops and presentations on such topics as Cost Engineering for capital projects, Activity-Based costing and management (Specializing in this discipline), Working capital management and Cash conversion cycles (this includes credit management and credit control and debtors accounting systems etc.), Deferred tax guidelines, Corporate governance, Critical issues in businesses, Disciplining staff, Finance & Admin. representation letter, Financial manager job description, Financial hygiene guideline(including risks and internal audit), Productivity measures, Financial year end process and external audit, Annual Budget / Strategic Plan process, Management planning and control, Monthly reporting.

 

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WARREN ELBOURNE

CFO

warren@focost.com

Warren has also held various senior financial management positions during his working career and also served as a group financial manager in a multi billion rand national group of companies. He has also had experience as a CFO in a multi national supply chain company. Warren has completed BComm Accounting degree as well as obtained a National diploma in Internal Auditing. He has 14 years of financial management experience. Warren has extensive experience as administrator in Pastel Evolution, Accpac, SAP and various in-house applications. He has also obtained “unqualified” external audit reports from auditing companies such as KPMG, Deloitte and Nexia SAB&T. Warren has successfully implemented a central financial operation, restructured financial departments and implemented a start up financial department for an international supply chain distributor. His success is contributed by applying business mapping processes, hiring the correct staff and designing financial control systems to ensure accurate financial reporting and ensure minimum financial risk to a companies shareholders. His leadership and communication skills has had a valuable contribution to his success as an operational financial manager.