Mavhabasa

Highly skilled Finance Manager with extensive years of experience in developing and implementing financial strategies that drive profitability and reduce costs. A proven track record in budgeting processes, managing revenue, and reducing costs. Expertise in financial modelling and forecasting with a strong commitment to delivering results and providing financial guidance.

Skilled in analysing financial statements, identifying areas of improvement, and implementing efficient processes to ensure compliance with regulations.

Finance Manager - Standard Bank – Private Banking Segment

(2024-10)

• Ensure the SB Private Heads scorecard is accurately completed and submitted monthly.
• Maintain deep understanding of data sources and underlying business drivers to ensure accuracy, integrity and meaningful insight in consolidated reporting.
• Interpret complex financial data and communicate insights clearly to stakeholders at all levels.
• Leverage key data systems to enhance business understanding and support informed decision‑making.
• Consolidate, analyse and review financial information to provide a holistic and accurate view of the area's performance.
• Review variance analysis and commentary, ensuring explanations are robust, insightful and aligned with Reporting team requirements.
• Prepare and evaluate management packs for Manco discussions, ensuring relevance and timeliness.
• Manage the month end reporting process for SB Private Segment. This involves prepare and review of journal entries, analysis of results.
• Prepare and review balance sheet/suspense account reconciliations process to ensure controls are in place.
• Provide timely financial reporting to stakeholders, including operational metrics such as volumes and headcount.
• Understand cost and recovery model within the business, continuously monitor compliance with internal processes to enhance operational efficiency.
• Prepare and review financial forecasts and use data‑driven insights to recommend improvements to the overall forecasting process.
• Collaborate with stakeholders and finance managers to enforce reporting timelines and deliverables.
• Ensure all submitted financial information is complete, accurate and validated.
• Coordinate ad hoc requests with Financial Managers or stakeholders efficiently and effectively.
• Partner with business to deliver projects across.
• Ensure all reporting adheres to defined standards, formats and governance requirements to support effective decision‑making at Manco level.
• Review reports regularly and distribute them to the Head of Finance as required.

Finance Manager - Standard Bank – Payments

(2022-08 - 2024-09)

• Manage the month end reporting process for Payments, Instant Money include Platform Service and Central cost area. This involves review of journal entries, analysis of results, review of Manco packs, and presentation of results at Manco.
• Prepare and review Instant Money including Platform Services products and segments income statement, balance sheet and key drivers.
• Partner with Payments in providing finance services, insights, tactical strategy and associated delivery plans to support operational implementation and enable the business to achieve its financial objectives.
• Provide advice and guidance on the content of business performance reports and the causes of variances.
• Monitor Performance to ensure no revenue leakage.
• To be involved in the strategic planning and budget/forecasting processes of Integrated Payment Management and Instant Money and to co-ordinate these activities within Payment, Platform & Data planning and budgeting processes.
• Manage the Procurement process for Payments related invoice and ensure that the applicable SLA's are adhered.
• To manage external relationships as required, including the Bank's auditors, Bankserve and PASA as well as business teams.
• Preparation of information for Flash reporting, statutory reporting, mid and year end results and EXCO information requests.
• Review financial performance, identify opportunities for revenue enhancement/ cost containment and to maximize returns.
• Ensuring process optimisation, alignment, automation & cost containment within the business
• Prepare for review of financial statements and commentary to relevant stakeholders.
• Prepare and review balance sheet/suspense account reconciliations process to ensure controls are in place.
• Develop business cases models to ensure that profitability can be measured.

Finance Manager - Standard Bank – Card Acquiring/Merchant Solutions

(2016-10 - 2022-07)

• Manage the month end reporting process for Merchant solutions/card, central cost area(schemes). This involves review of journal entries, analysis of results, review of Manco packs, and presentation of results at Manco.
• Prepare and review card, Instant Money including schemes and segments income statement, balance sheet and key drivers/volumes.
• Partner with the business/schemes include segments & provinces in providing finance services, insights, tactical strategy and associated delivery plans to support operational implementation and enable the business to achieve its financial objectives.
• Provide advice and guidance on the content of business performance reports and the causes of variances.
• To be involved in the strategic planning and budget/forecasting processes of card, Instant Money and schemes and to co-ordinate these activities within Card & schemes planning and budgeting processes.
• To manage external relationships as required, including the Bank's auditors, central finance, schemes (Bankserve, Visa & Mastercard) as well as business teams.
• Be a member of the various Manco committees and to chair or be a member of various internal committees as nominated from time to time.
• Preparation of information for Flash reporting, statutory reporting, mid and year end results and EXCO information requests.
• Review financial performance, identify opportunities for revenue enhancement/ cost containment and to maximize returns.
• Ensuring process optimisation, alignment, automation & cost containment within the business.
• Prepare for review of financial statements and commentary to relevant stakeholders.
• Following up on invoices returned for payment and any other invoice related queries.
• Prepare and review balance sheet/suspense account reconciliations process to ensure controls are in place.
• Monitor Performance to ensure no revenue leakage.
• Understand the internal controls around Fixed Assets especially the end to end process on acquisition and disposals and to ensure compliance.
• Develop Pricing models to ensure that profitability can be measured
• Provides input and analysis into the portfolio & pricing committee.
• Participate in building solid business cases for Opportunities Identification
• Manage the external audit process to ensure clean audit report & no repeat audit findings

Financial Accountant - Standard Bank – Card Division

(2015-10 - 2016-09)

• Intercompany process management (SBSA) – End to End Process management of all intercompany transactions & processes.
• Balance Sheet and Income Statement reconciliations to be performed accurately and on time.
• Completion and submission of AssureNet attestation.
• Accurately and timely submission of Basel 3 deliverables to SBSA in terms of capital
• Effective management of fixed assets (including acquisition, disposal, valuation and safeguarding thereof)
• Accurately completing and submission of key account stats to SBSA
• Apply sound financial principles in raising accruals and provisions, and maintain record of accruals/provisions raised, including deferred revenue.
• Assist financial manager in populating monthly, quarterly, half-yearly as well as annual reports.
• Provide appropriate commentary, graphic representations and analysis to demonstrate insights and understanding.
• Analysis and review of all Vat
• Preparation of prelim and yearly FIPs.

Authorising and Releasing Consultant & 2nd in charge Team Leader - Standard Bank – Operations

(2012-10 - 2015-09)

• Review the suspense account/reconciliation sheets as well as journal sheets and entries prepared.
• Release transactions captured on the various financial systems within the allocated limits of authority.
• To authorize and release all Paper Base salaries on New Business Online and SFI Salaries.
• To scrutinize all entries that must be processed on Bank Master across processes and systems within limits of authority.
• Ensure that the reconciliation balance sheets are correctly completed and that the narratives are correct and in line with laid down procedures.
• Check that reports are annotated and signed of as per laid down procedures.
• Ensure all transactions are captured correctly and within the turnaround times.
• Identify and refer all risk and fraud related issues as soon as possible.
• Ensure that all daily, weekly and monthly targets are met in accordance with the Bank's performance contracts.
• Preparing KRI dashboard report to operational risk dept.
• Check the physicals for CIT suspense account for account numbers and branch names daily before sending it to Bankserv Africa.
• Assists to Reconcile Unpaid Cheque account, clear the entries between the account and Nostro, Vostro account.
• Ensure that where errors are detected is escalated.
• Assists supervisor by performing related duties.
• Assists staff members with day-to-day payments and recons queries.
• Monitors and manages the team dashboard.