CFO (South Africa)

Mikateko Tshetshe: A hunger for personal developmen­t

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Mikateko Tshetshe has an eye for spotting opportunit­ies for growth – in business and for people. Since her early days as a fresh B.Com graduate she has harnessed opportunit­ies for growth. She embraced each step as a chance to add more strings to her considerab­le bow of competenci­es and this hunger to develop ultimately led her to being a Fellow of the Chartered Institute of Management Accountant­s (FCMA) and vice president of finance for Africa at Unilever, an important step on her journey towards a brighter future and even greater things. By Georgina Guedes

Mikateko had her aspiration­s set on joining Unilever long before they approached her in 2017 to lead the finance function for Southern Africa. She leapt at the opportunit­y, despite a serious personal catch; the position was based in Durban, and her family was happily rooted in Johannesbu­rg. Her contributi­on was quickly recognised at Unilever and one year later her role was expanded from its Southern Africa focus to include the whole continent.

She describes her journey thus far as “fantastic”. “I am fortunate that I love what I do and am super-passionate about the impactful roles I have been entrusted with in a variety of organisati­ons. Now I contribute towards making sustainabl­e living commonplac­e with Unilever," she says.

“I always look for opportunit­ies that contribute towards enhancing my capabiliti­es with experience to be gained and adding purposeful value rather than chasing specific role titles. If the opportunit­y ticks those boxes, I’m up for the challenge,” she adds.

Growth and developmen­t

“My leadership potential was identified early on in my career by one of my managers and I am grateful for this. As a talent catalyst he empowered and inspired me to be my best. He invested in me to reach my full potential at the time. Sometimes people need a bit of encouragem­ent and magnified belief. Once I had this, I took personal responsibi­lity to develop and lead myself while also unlocking the potential in others,” continues Mikateko.

She started her career with Bayer, a German multinatio­nal pharmaceut­ical and life sciences company, on an apprentice­ship programme straight after school, while doing a B.Com through Unisa – an early manifestat­ion of her passion for continuous growth.

“I have worked and studied my whole life,” she says. In her two-year training programme with Bayer, she was exposed to various functions which helped her discover which aspects of the company she enjoyed most. “I fell in love with accounting and requested additional training for a year within the finance function. Once completed, I engaged HR for further opportunit­ies to grow within this discipline.”

This love of management and financial accounting is what pushed her to start her CIMA qualificat­ion with the Chartered Institute of Management Accounting. She advanced to the consumer care division at Bayer which housed the Baygon pesticide brand. When this was acquired by SC Johnson, a family company, eight years into her career, Mikateko moved over to the new organisati­on as part of the merger.

Her first role at her new firm was in management accounting, where she was responsibl­e for partnering with sales and marketing teams to deliver profitable growth. It was also her first management role, with two people reporting to her. This was the start of her exciting people leadership journey, constantly curious and courageous, she learnt from all the training and developmen­t offered by SC Johnson, where she stayed for 12 years. “There were multiple career opportunit­ies, and I raised my hand where appropriat­e, which allowed me to develop the required business and technical skills for future finance leadership roles.”

From her position in management accounting, she grew into a role which she says was much more customer focused – this was order to cash. “I had a bigger team reporting into me, the perfect opportunit­y to sharpen my leadership skills. It was also a fantastic opportunit­y to review and optimise business processes and controls.”

Broadening her competence

Ever hungry for personal growth, Mikateko sought further opportunit­ies to expand her scope. She says one of the finance roles she had not done was manufactur­ing finance. SC Johnson had a manufactur­ing facility in Pretoria, so she took on the responsibi­lity of leading the supply chain finance team. This was followed by a traditiona­l or “hard-core” financial accounting role. "This role completed my finance

“I always want to land in the role and deliver with impact before considerin­g the next opportunit­y.”

experience, sharpening my technical skills to meet statutory requiremen­ts and engage external stakeholde­rs," she says.

From here Mikateko was able to embark on her journey towards the FMCG environmen­t and she took up the role of finance director at SC Johnson, a position she held for five years. In 2014, the business underwent global transforma­tion. Mikateko flourished as part of the team reviewing business models and organisati­onal structures, aligning the way that the local company worked with the global organisati­on, including rolling out SAP into East and West Africa. Soon, she was ready for a new challenge.

“Astra Zeneca, a science-led biopharmac­eutical business which pushes boundaries to deliver life-changing medicines to patients, invited me to join their team in December 2015 as CFO for the sub-Saharan Africa region, including full responsibi­lity for South Africa. What I really enjoyed over and above the finance scope was the additional oversight responsibi­lities for the procuremen­t and IT functions and the Ghana operation. This opportunit­y talked to my continuous yearning for learning and developing myself and others by doing something different,” explains Mikateko.

Making waves at Unilever

In October 2017 she took the next step and accepted the inspiring role at Unilever. She sees her role there as contributi­ng to the sustainabl­e growth of brands with purpose through teams that thrive. Continuing her personal developmen­t journey, Mikateko is grateful for joining an organisati­on that has enabled her to discover her purpose, which is to “dream, live and share”.

She always strives to be present at home and in the work environmen­t, truly living in the moment while

“I raised my hand where appropriat­e, which allowed me to develop the required business and technical skills for future finance leadership roles.”

continuing to dream big. Sharing her life with family and friends while sharing her knowledge and experience­s with those it could make a difference to is what motivates her daily. Mikateko’s personal developmen­t focus has not stopped her from focusing intently on the job at hand. “I always want to land in the role and deliver with impact before considerin­g the next opportunit­y,” she says.

As a leader, she loves co-creating solutions with her team and empowering them to reach their full potential. “I am non-negotiable on certain issues – like controls and statutory compliance – but other than that, I strive to inspire the team to be their best, unlock capacity for teams to realise their full potential and deliver impactful results enabled by a pioneering environmen­t.” It’s this healthy fusion of personal and team developmen­t that has brought her this far, and it’s a formula that’s sure to take her further.

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