1. C A ( S A ) | C A ( C A N A D I A N )
CURRICULUM VITAE OF JACQUES ERASMUS
Johannesburg, 2196 • +27 [0] 82 719 0305 • Email: jacques.erasmus@kpmg.co.za
PROFESSIONAL PROFILE
A seasoned and accomplished professional with senior executive experience and strong international exposure,
Jacques Erasmus is known and respected in the mining industry as a front-footed, highly-skilled Financial Management
professional, and offers a portfolio of career highlights reflecting extraordinary business and financial acumen. Jacques
has enjoyed significant career promotion in his extensive service to KPMG Inc., and currently leads as Head of Mining
for KPMG Southern Africa, where he functions as key subject matter expert for the gold, platinum and coal industry in
Africa. With strong technical acumen and business financial intelligence, Jacques manages a portfolio of major clients,
including international gold, platinum and coal companies (BHP Billiton – BECSA, Lonmin Plc, Royal Bafokeng,
Sibanye Gold, South 32, and Holdings), as well as exploration juniors specialising in all commodities.
In a career leap, Jacques relocated to Canada in 2011 to take up a partnership in the KPMG Calgary office, and
acquired his Canadian Chartered Accountancy qualification. In this position, Jacques managed the audit of key
international clients. Career exposure has thus enabled audit experience in diverse industries, including mining, oil and
gas, chemicals, contract exploration drilling, and construction.
Furthermore, Jacques has led multi-disciplinary teams in transaction services, unbundling transaction and various other
due diligence assignments. In addition he has lead numerous restructuring and cost optimisation projects for the major
gold and platinum producers in Africa. Competencies extend to accounting expertise covering International Financial
Reporting Standards and US GAAP, and significant SOX experience on various mining clients. Jacques has managed
numerous GAAP conversion projects.
Jacques offers a proven track record of ability to creatively use diverse business/financial models and partnerships to
accelerate development, and strategic planning initiatives necessary to adapt to market change. As an executive leader
with drive, energy, global perspective and expertise in the mining industry, Jacques Erasmus presents the required
experience and financial acumen to lead the financial function of a high-performing, international mining
organisation/company.
Key Proficiencies: Corporate Finance Management | Financial Audits | Risk Analysis and Risk Management | IFRS |
US GAAP | Sarbanes-Oxley Act | Internal Controls | Financial Reporting | Due Diligence | Strategic Planning | Financial
Analysis | Restructuring | Management Consulting | Business Analysis | Regulatory Compliance | Project Management |
Team Management and Mentoring | Executive Leadership.
Professional Affiliations: Institute of Chartered Accountants, Alberta, Canada, 2012 | South African Institute of
Chartered Accountants: SAICA, 2001
Curriculum Vitae of Jacques Erasmus Page 1/4

2. CAREER HIGHLIGHTS:
KPMG Inc.
 Appointment as Head of Mining for Southern Africa.
 Mining Indaba Involvement: Leading the KPMG Mining Indaba team for 2013 – 2015, and growing the company
participation to 40 KPMG partners in 2015.
 Secured a significantly large sponsorship with the Mining Indaba organisers; developing of Mining Indaba APP for
2014.
 Hosted the Ministerial symposium and secured key note speakers of the caliber of Lord Michael Hastings.
 Organised the Collaboration for Change workshop with distinguished panellists such as Ian Framer (former CEO of
Lonmin) sharing his Marikana experience, and Mike Solomon (World Economic delegate).
 Speaks on numerous panels at various mining conferences.
KPMG Calgary, Canada
 Obtained Canadian Chartered Accountant qualification.
 Appointed as Managing Partner of the Accounting Advisory Practice in Calgary.
 Led the roll-out of World Gold Council standards in Canada.
 Instrumental in setting up the Sustainability practice by establishing a hub of expertise and developing a go-to-
market strategy.
PROFESSIONAL STRENGTHS:
 Manages effectively through all elements of the
business cycle to capitalise on growth opportunities
and to build organic growth.
 Strong financial and commercial understanding:
knowledge of financial metrics, financial strategy and
capital markets.
 Extensive business acumen, understands the
strategies required for business sustainability.
 Demonstrated success at dealing with diverse
portfolio and multiple stakeholder engagements.
 Manages complex decisions and focuses on action
and outcomes.
 A visionary leader and a collaborative team builder.
 Strong presence and presentation skills, comfortable
dealing with people at all levels of the organisation,
as well as international stakeholders.
 Excellent oral communication skills: conflict
resolution, negotiation, diplomacy, mediation, and
motivation.
 Excellent written communication skills to produce
clear and concise reports and required documents.
 Identifies and resolves problems in a timely manner;
gathers and analyses information; develops
alternative solutions.
 Establishes and maintains excellent client relations;
superior interpersonal skills.
 Demonstrated capacity to identify and develop
talented people within the industry.
 Exhibits personal qualities and credibility to lead,
develop and motivate personnel.
 Analytical and enquiring mind with the ability to
interpret key data/facts.
 Effective organisational skills and the ability to lead
and motivate a busy team working to tight deadlines.
 Positively assertive and courageous in offering
solutions and advice, or in challenging the status quo.
VALUE ADDED DELIVERABLES:
Executive Financial Management Experience:
 Provides leadership in all areas of finance and accounting, as true financial and strategic steward to the
organisation.
 Established and develops a strong working relationship with all members of the Board, and the senior executive
team, thus leading a proactive approach to the financial function.
 Establishes and implements short-, medium- and long-term objectives, policies and operating processes.
 Develops financial systems, procedures and controls to facilitate continuous improvement.
Curriculum Vitae of Jacques Erasmus Page 2/4

3.  Plays a key role in the aggressive growth of the company and ensures best practice methodologies are in place to
execute existing projects of new deals.
 Provides strategic analysis to acquisitions.
 Provides oversight to all financial requirements and all regulatory financial reports and documentation.
 Oversees the comprehensive procedures of finance, accounting, auditing, billing and cash-flow.
 Reviews and approves budgets; quarterly and annual financial reporting, forecasts and financial statements.
 Ensures that all internal and external accounting practices and reporting is aligned with the organisational principles
of operation.
 Establishes and develops strategic relationships with all stakeholders, including the investment community and
governmental representatives.
 Assists in recruiting, training, mentoring and assessing staff under responsibility.
Senior Strategy Management Proficiency:
 Provides relevant clients, partners and other stakeholders with in-depth, accurate portfolio analyses, modeling,
assumptions, recommendations and solutions for optimal scenarios to meet financial and operational objectives.
 Provides in-depth analyses and insights that have real or potential implications to current or future strategies.
 Articulates operational complexities, operational pull-through, implications, requirements, impacts and the like for all
recommended strategies.
 Conducts long-term planning of complex, strategic, and major projects.
 Builds relationships across the organisation.
 Manages the development and presentation of final client deliverables and advises clients persuasively.
 Participates in or leads other cross-functional or other project teams.
 Ensures assigned goals and objectives are met and that assigned projects and other work is completed on time, to
high standards and within budget.
 Stays abreast of macro trends in the industry-specific environment.
 Develops detailed quantitative and qualitative analyses and modeling of cross-portfolio strategies and
recommendations.
 Prepares internal reports and presentations and reviews with key partners and other stakeholders.
 Participates in the development and implementation of processes and tools to facilitate and monitor strategy
performance and results across the portfolio.
 Takes the lead in ensuring project outcomes are integrated with relevant strategies, processes, systems or other
mechanisms and tools in a timely and targeted manner.
 Manages multiple well-structured teams simultaneously and maintains a steady pipeline of client opportunities.
QUALIFICATIONS
CA (SA) Qualification, 2001
PAAB Examination (Passed on first writing), 1998
Bachelor of Commerce Honours (Accountancy) and CTA; Rand Afrikaans University, 1997
Bachelor of Commerce (Accountancy); Rand Afrikaans University, 1995
PROFESSIONAL EXPERIENCE
Name of firm KPMG Inc.: Johannesburg (Energy and Natural Resources)
Designation Head of Mining for Southern Africa
Former Designations Audit Partner | Senior Manager
Period of work 2005 To Date
Core Overview
 Jacques Erasmus commenced his career with KPMG in 1998, and entered the partnership in 2005. He relocated to
Canada and joined the KPMG Calgary office as a partner in 2011, after obtaining his Canadian CA qualification.
Curriculum Vitae of Jacques Erasmus Page 3/4

4.  Jacques returned to KPMG South Africa during October 2012, and currently holds a partnership position in the
Energy and Natural Resources business unit in Johannesburg, South Africa.
Head of Mining for KPMG Southern Africa:
Key Roles and Accountabilities;
 Jacques operates as the key subject matter expert for the gold, coal and platinum industry in Africa. Major clients
include international gold, platinum and coal companies and various exploration juniors specialising in all
commodities.
 Functions as the key contact representative for all Commodities in Southern Africa, and is tasked with heading-up
KPMG’s Global Platinum team.
 Responsible for leading multi-disciplinary teams in transaction services: most notably the unbundling of Gold Fields
and BHP/South 32, and various other due diligence assignments.
 Leads numerous restructuring and cost optimisation projects for major gold and platinum producers in Africa.
 Accountable for the comprehensive Financial and Accounting Management function, with focus on corporate value
optimisation, facilitation of strategic investment decisions, facilitating strategic and tactical financing decisions,
working capital management, and supply chain management.
Key Clients;
 Lead Engagement Partner, South Africa (current and previous): Sibanye Gold | Gold One International | Royal
Bafokeng Holdings | Anglo Platinum | Barrick Africa | South 32 | Goliath Gold | Petmin Limited | BHP Billiton Energy
Coal | Lonmin Plc | Royal Bafokeng (Advisory) | Shiva Uranium (Previously owned by Uranium One) | Kermas SA
(Samancor Cr) | Fraser Alexander Group (Mining logistics and Civil works) | Atlatsa Resources Corporation |
Geosearch Group (Exploration driller in various African countries) | Wesizwe Platinum | Western Areas Limited and
South Deep Joint venture (Gold) | Letseng Diamonds (Diamonds) | Arch Water (Chemicals US GAAP) | Continental
Coal (Coal exploration)
 Audit Services, Canada: Cameco | Grand Cache Coal.
 Accounting Advisory, Canada: Uranium One | Viterra Group | Strategic Oil and Gas
2005 To Date, Audit Partner:
 Applies accounting expertise covering International Financial Reporting Standards: US GAAP (A1 accreditation)
and Canadian GAAP (CPAB accredited).
 Undertakes transaction services, sustainability and due diligence work at many of KPMG’s advisory target clients.
 Functioned as project manager on the IFRS conversion projects for Sasol Limited (SEC and JSE Listed), Lonmin
and Fraser Alexander.
 Project manager for Sasol’s US GAAP and SOX conversion and implementation.
2003 to 2005, Senior Manager:
 Performed as Executive leader responsible for the co-ordination, planning and execution of the audit engagements
for key clients.
 Key Audit Clients (as Senior Manager): Sasol Limited and subsidiary companies (Oil and gas) | Samancor
Limited (Ferrochrome) | Southern Mining Corporation (Heavy mineral sands) | Motraco Limitada, subsidiary of
Eskom (Power and utilities).
 Audit Clients (as Manager and during training): Lonmin (PGM) | ABSA Bank Limited – Cutfin and specialized
finance divisions (Banking) | Gencor and Billiton (Gold and various other metals) | Magnis Nissan (Automotive) |
North Safety Products (Mining Safety) | BMW - Menlyn Auto (Automotive).
2001, International Assignment for RTL Television, in Luxembourg:
 Provided advisory service and assistance in building the group consolidation.
 Assisted in the conversion of the group’s accounts from LUX GAAP to International Financial Reporting Standards.
Curriculum Vitae of Jacques Erasmus Page 4/4

5.  Responsible for the deferred tax and foreign currency translation streams in the abovementioned conversion.
 Prepared the deferred taxation calculations and cash flow statements for the entire group.
References and certificates presented upon request.
Curriculum Vitae of Jacques Erasmus Page 5/4

6.  Responsible for the deferred tax and foreign currency translation streams in the abovementioned conversion.
 Prepared the deferred taxation calculations and cash flow statements for the entire group.
References and certificates presented upon request.
Curriculum Vitae of Jacques Erasmus Page 5/4