About

PROFILE OF VIRGIL BETHANIE

Virgil Bethanie is a seasoned business and financial advisor and is the CEO of Bethanie Management Consulting CC. He is a professional accountant registered with The South African Institute of Chartered Accountants.  He holds a BCompt (Hons) degree from the University of South Africa (UNISA). He completed his Chartered Accountancy training/articles at PricewaterhouseCoopers. 

He assists business owners, entrepreneurs, management and investors to create sustainable, long-term value in their businesses and investments. He provides innovative,  tailor-made, value-adding and sustainable business solutions by formulating new strategies, optimising risks and thereby improving the performances of these businesses and investments. 

 Virgil Bethanie has more than 20 years’ experience in advising and assisting businesses and organisations regarding strategy, risks, finance, governance, operations and performance in order to create value over time. He has worked in industries such as financial services, manufacturing, courier and logistics, property, FMCG and the public sector.

He has assisted a number of businesses that was in distress and performed poorly. His interventions resulted in the significant improvement of the performances of these businesses.

Businesses derive the following benefits from his services:

·         Improved cash flow and liquidity,

·         Increased revenue and market share,

·         Increased profitability and return on investments,

·         Superior shareholders’ return,

·         Optimized enterprise risk,

·         Enhanced efficiency and effectiveness of operations,

·         Compliance with relevant laws and regulations,

·         Value created for other stakeholders of the business.

Virgil Bethanie currently advises SME’s and large businesses on how to create value in the short, medium and long term.

 He has the following skills, experience, expertise and knowledge:

 Transaction Support

  • Valuations of companies, business interests and financial instruments for mergers  and acquisitions (M&A), financial reporting, tax and planning purposes,
  • Financial due diligence for  M&A,
  • Structuring of deals for M&A,
  • Post acquisition implementation,
  • Compilation of profit and cash flow forecasts,
  • Financial modelling and engineering,
  • Raising of acquisition finance.

Business Support

  • Financial management and restructuring,
  • Risk management and internal controls,
  • Taxation,
  • Preparation of annual financial statements in accordance with International Financial Reporting Standards (IFRS), IFRS for small and medium enterprises (SME’s) and Companies Act, 2008 and Generally Recognised Accounting Practice,
  • Integrated reporting in accordance with the International Integrated Reporting Framework,
  • Monthly management reporting,
  • Accounting, bookkeeping and payroll services,
  • Strategy development and implementation,
  • Compilation of business plans,
  • Business turnaround management, workouts, restructuring and business rescue,
  • Raising of finance for expansion and working capital purposes,
  • Company secretarial services,
  • Business and financial advisory. 

Virgil Bethanie has previously partnered with the following major companies:

 


 

Virgil Bethanie