Sithandilizwe Ndebele

Experienced Finance Manager and Chartered Accountant (ACCA) with over 20 years of experience in banking and financial services, primarily with Standard Bank. Proven expertise in financial reporting, portfolio risk analysis, budgeting, financial modelling, VAT compliance, and stakeholder reporting. Strong background in credit risk management, financial controls, performance analysis, and regulatory reporting.

Skilled in leveraging advanced Excel, SAP, and Power BI to improve financial efficiency and support strategic decision-making.

Financial Manager at Standard Bank (2020-11 – 2023-06)

Managed financial performance reporting for Standard Bank Insurance Limited (SIL) and Standard Bank Insurance Brokers (SBIB). Implemented financial and risk control frameworks. Conducted financial analysis and feasibility studies. Streamlined payment processes and prepared monthly product performance reports.

• Managed financial performance reporting for Standard Bank Insurance Limited (SIL) and Standard Bank Insurance Brokers (SBIB).
• Implemented financial and risk control frameworks to mitigate operational and financial risks.
• Conducted financial analysis and feasibility studies to improve operational efficiency and support strategic decision-making.
• Streamlined payment processes to improve client service delivery and reduce operational queries.
• Prepared and presented monthly product performance reports and financial commentary to senior stakeholders and management committees.
• Performed VAT calculations, provisional VAT submissions, and reconciliations.
• Coordinated internal and external audits ensuring compliance with financial reporting standards.
• Delivered accurate monthly financial reporting to insurance underwriters.
• Recognized for top performance as Finance Manager.
• Automated financial reporting processes to improve efficiency.

Credit Analyst / Portfolio Manager at Standard Bank (2017-12 – 2020-11)

Managed and reported on Wealth and Investment lending portfolio performance. Developed advanced Excel dashboards for portfolio productivity and performance monitoring. Produced daily reporting and analysis on securities-backed lending and collateral risk.

• Managed and reported on Wealth and Investment lending portfolio performance.
• Developed advanced Excel dashboards for portfolio productivity and performance monitoring.
• Produced daily reporting and analysis on securities-backed lending and collateral risk.
• Conducted portfolio risk monitoring and identified potential risks related to market movements.
• Provided insights to senior leadership for risk appetite design at provincial level.
• Facilitated Credit Monitoring Committee (CMC) and arrears review meetings.
• Delivered analytical insights to improve credit risk management strategies.

Financial Manager at Standard Bank (2011-09 – 2017-11)

Managed financial budgeting, forecasting, and performance measurement controls. Prepared annual budgets and revised financial estimates. Processed monthly creditor payments and performed bank reconciliations.

• Managed financial budgeting, forecasting, and performance measurement controls.
• Prepared annual budgets and revised financial estimates.
• Processed monthly creditor payments and performed bank reconciliations.
• Produced Monthly MIS cost reports and identified cost-saving opportunities.
• Reviewed staff claims and financial vouchers to ensure compliance and accurate cost allocation.

Management Accountant at Standard Bank (2010-09 – 2011-08)

Conducted variance analysis and financial feasibility studies. Managed general ledger accounts, accruals, and journal processing using SAP. Assisted in preparation of IFRS 9 and IAS 39 provision models.

• Conducted variance analysis and financial feasibility studies to improve financial performance.
• Managed general ledger accounts, accruals, and journal processing using SAP.
• Assisted in preparation of IFRS 9 and IAS 39 provision models.
• Identified cost-saving opportunities through financial analysis.

Team Leader – Home Loans Collections at Standard Bank (2008-09 – 2010-09)

Supervised call centre consultants and provided daily coaching and performance monitoring. Conducted quality assurance reviews of consultant calls. Managed escalated customer cases and complaints.

• Supervised call centre consultants and provided daily coaching and performance monitoring.
• Conducted quality assurance reviews of consultant calls.
• Managed escalated customer cases and complaints.

Officer – Financial Controller at Standard Bank (2007-06 – 2008-08)

Assisted with budgeting and VAT reconciliation processes. Performed variance analysis and financial reporting using Excel. Processed creditor payments and prepared bank reconciliation statements. Ensured compliance with cost allocation principles.

• Assisted with budgeting and VAT reconciliation processes.
• Performed variance analysis and financial reporting using Excel.
• Processed creditor payments and prepared bank reconciliation statements.
• Ensured compliance with cost allocation principles.

Customer Sales Consultant at Standard Bank (2005-01 – 2007-12)

Customer-facing role in banking sales and service.

Customer Service Consultant at Standard Bank (2004-01 – 2005-12)

Customer service role providing banking support.

Bank Teller at Standard Bank (2003-01 – 2004-12)

Banking operations and customer transactions role.

Chartered Accountant (ACCA) in Accounting and Finance – ACCA (Association of Chartered Certified Accountants) (2015-01 – 2018-12)

Advanced Diploma in Accounting & Business (ACCA) in Accounting and Business – ACCA (Association of Chartered Certified Accountants) (2013-01 – 2015-12)

National Diploma in Cost & Management Accounting – University of Johannesburg (2000-01 – 2002-12)

Senior Certificate in General Education – Secondary School (1990-01 – 1992-12)