Summary
Overview
Work History
Education
Skills
Other Appointments
Affiliations Designations
Timeline
Generic
NQOBILE NXUMALO

NQOBILE NXUMALO

CFO / Lead, Organizational Effectiveness & Strategic Execution Platforms
Gqeberha

Summary

Results-driven Executive with over 25 years of experience, including 15+ years at the Executive Management level. Collaborates with executive leadership to set organizational vision and strategy, oversee operations, build high-performing teams, and ensure compliance with legislative and governance frameworks. Skilled in strategic planning, policy formulation, KPI monitoring, risk mitigation, and building relationships with stakeholders. Committed to driving operational excellence in regulated environments. Seeking a full-time role to leverage interpersonal skills, time management, and problem-solving expertise.

Overview

29
29
years of professional experience
5
5
years of post-secondary education

Work History

Head of AI-Driven Organizational Excellence Initia

StratXpert & GoUprite Project
01.2024 - Current

As the Lead for the goUprite and StratXpert initiative, I spearheaded the design, development, and implementation of an advanced, AI-driven organizational effectiveness solution, and a digital strategy execution platform. This project combined two flagship products—goUprite and StratXpert—to deliver a comprehensive framework for organizational excellence and strategic execution.


  • Project Leadership & Vision: Directed cross-functional teams in developing and integrating the goUprite AI-driven framework and the StratXpert digital platform. Defined project vision, objectives, and success metrics, ensuring alignment with organizational goals and client needs.
  • Framework & Product Development Led the creation of the goUprite framework, covering 21 core pillars of organizational excellence, including strategic planning, leadership development, operational optimization, innovation, and sustainability. Oversaw the build and enhancement of StratXpert, a digital tool for real-time strategy execution, performance tracking, resource management, and scenario planning.
  • AI Integration & Analytics Guided the integration of AI components, such as predictive analytics, automated process optimization, and intelligent decision support, to enhance client outcomes and operational efficiency. Established protocols for continuous learning, feedback integration, and ethical AI deployment.
  • Client Engagement & Customization: Collaborated with clients to gather requirements, customize solutions, and ensure successful adoption of both platforms across diverse industries. Developed and delivered detailed client briefs, tailored recommendations, and professional reports.
  • Quality Assurance & Impact Measurement: Implemented rigorous quality checks, KPI tracking, and impact assessments to ensure project deliverables met high standards for relevance, clarity, and effectiveness. Regularly updated benchmarks and best practices to maintain industry leadership.


  • Successfully launched and scaled the goUprite and StratXpert platforms, resulting in measurable improvements in client organizational performance, innovation capacity, and stakeholder satisfaction.
  • Achieved high client satisfaction ratings, and strong adoption rates for recommendations and project outputs.
  • Positioned Collective Impact (Pty) Ltd as a leader in AI-driven organizational effectiveness and strategic execution solutions.
  • Strategic leadership and project management.
  • AI-driven analytics and digital transformation.
  • Organizational development and change management.
  • Client consulting and stakeholder engagement.
  • Data visualization and executive reporting.

CHIEF FINANCIAL OFFICER (Co-Founder)

Collective Impact
01.2021 - 12.2023
  • Provide strategic leadership and direction as Co-Founder, overseeing financial operations and ensuring compliance with governance standards and strategic goals.
  • Developed and implemented strategic plans and comprehensive program strategies that aligned with organizational mission and goals, securing significant funding (R6M) and scaling operations.
  • Lead the design, planning, and implementation of new operational programs, ensuring scalability, sustainability, and alignment with strategic objectives.
  • Oversee comprehensive operational activities across departments, monitoring performance against strategic objectives and implementing initiatives to enhance operational effectiveness and ensure the smooth functioning of the organisation.
  • Conduct cash flow planning and maintain optimal cash levels for operational sustainability.
  • Led a team of accounting and financial professionals responsible for the company's finances.
  • Developed and implemented financial management strategies that resulted in cost savings of R2 million within the first year, enhancing operational efficiency and compliance with financial regulations.
  • Led the development and implemented strategic LCNC applications that were subcontracted on R6 million DSD Free state and R120 million DSD eastern cape projects.
  • Led the development and implementation of strategic LCNC applications, enhancing service delivery and increasing annual services rendered from 11 million to 30 million.
  • Prepared and presented consolidated FS and monthly/quarterly reports to senior management, ensuring accuracy and compliance with accounting standards.
  • Make strategic decisions in the absence of the CEO, driving initiatives that enhanced operational performance.
  • Build and maintain trusting relationships with government agencies and key stakeholders, advancing organizational objectives and enhancing collaboration.
  • Identify strategic and operational risk areas and develop, implement, and monitor control measures to mitigate risks.
  • Acted as the primary point of contact for internal and external stakeholders, ensuring consistent messaging and alignment with organizational goals.
  • Conducted research and analysis on key business issues, providing timely insights to inform executive decision-making.
  • Established comprehensive performance metrics and key performance indicators (KPIs) to assess operational and program effectiveness.
  • Streamlined financial processes by implementing new accounting software and automation techniques.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Oversaw budgets, payroll, and accounts payable and receivable.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.

DIRECTOR: STRATEGY, FINANCE & IT (Acting CFO)

Collective Impact (Pty) Ltd
01.2013 - 01.2020
  • Provided strategic financial guidance, overseeing the development and implementation of financial management strategies in alignment with institutional goals and ensuring compliance with regulatory requirements.
  • Managed comprehensive financial reporting and ensured strict compliance with regulatory requirements and governance frameworks.
  • Collaborated closely with all senior management and played a leading role in shaping organizational strategy and implementing business strategies, including initiatives resulting in a 15% reduction in operational costs.
  • Provided strategic financial guidance, focusing on budgeting, forecasting, and risk management to ensure compliance and mitigate financial risks.
  • Led the preparation and consolidation of annual budgets, ensuring alignment with strategic goals and providing insights for cost reduction opportunities.
  • Managed and built strong relationships with key stakeholders, including government and donor organizations.
  • Led extensive fundraising efforts, preparing detailed analyses of new initiatives, including cost-benefit analyses and ROI projections.
  • Developed high-performing teams by providing mentorship, guidance, and opportunities for professional growth.
  • Cultivated a positive work environment that fostered employee engagement, increased retention rates, and boosted overall team morale.
  • Managed budgets effectively to ensure optimal use of resources while maintaining financial stability.

CHIEF FINANCIAL OFFICER

Border Cricket
01.2010 - 01.2013
  • Provided strategic leadership by leading the financial strategy and planning, ensuring alignment with overall operational goals and objectives.
  • Developed and implemented comprehensive financial models to analyse and report on the organization's financial performance, facilitating informed decision-making.
  • Managed operational oversight for all financial operations, including budgeting, forecasting, and financial reporting, ensuring compliance with regulatory requirements.
  • Collaborated closely with key stakeholders, including the Department of Sports and Culture and local municipalities, building trusting relationships and enhancing operational effectiveness.
  • Oversaw the preparation and submission of VAT returns and income tax filings, ensuring compliance with tax regulations while minimizing liabilities and addressing queries from tax authorities.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
  • Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.

ADMIN/FINANCE ASSOCIATE

United Nations Population Fund (UNFPA)
11.2007 - 01.2010
  • Supported the monitoring of programme financial performance for all core and non-core resources by providing necessary financial information and analysis.
  • Maintained an effective financial recording and reporting system, internal control, and audit follow-up.
  • Prepared and monitored the administrative budget and ensured financial transactions were in accordance with UNFPA financial rules and procedures.
  • Reviewed procurement requests and initiated procurement procedures for office and project equipment, supplies, and services in a transparent and cost-effective manner; recommended procurement decisions.

GENERAL MANAGER

Asihlumisane Savings & Credit Coop
01.2006 - 01.2007
  • Successfully managed the cooperative's finances, achieving a significant increase in revenue and profitability.
  • Developed and implemented a comprehensive strategic plan, aligning the cooperative's goals with its mission and vision.
  • Improved operational efficiency, reducing costs and increasing productivity.
  • Ensured compliance with regulatory requirements, maintaining a high level of integrity and transparency.
  • Cultivated strong relationships with clients, vendors, and partners to ensure long-term success and loyalty.
  • Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.

MANAGING PARTNER

Moffat Consulting Services
01.2002 - 01.2006
  • Spearheaded successful client engagements resulting in repeat business and positive referrals from satisfied clients.
  • Oversaw financial management of the firm, including budgeting, forecasting, and analysis, ensuring fiscal responsibility and profitability.
  • Optimized resource allocation, reducing operational costs while maintaining service quality standards.
  • Negotiated high-value contracts with clients, securing profitable partnerships for the company.
  • Developed comprehensive business plans that led to significant revenue growth and expansion opportunities.
  • Championed change management initiatives that enhanced operational efficiency without compromising on service quality or employee satisfaction.
  • Aligned business objectives with industry best practices to ensure the firm remained compliant with regulatory requirements and maintained its reputation for excellence.
  • Developed and executed strategic business plans, aligning company goals with actionable steps for growth and sustainability.
  • Directed successful turnaround of underperforming business units, identifying root causes and implementing corrective actions for improved outcomes.
  • Spearheaded strategic partnerships with industry leaders to expand market reach, significantly enhancing company's visibility and growth.
  • Enhanced operational efficiencies by implementing cutting-edge technologies, streamlining processes and reducing overhead costs.

GROUP FINANCE MANAGER

HM Group of Companies
01.2000 - 01.2002
  • Improved the efficiency of financial reporting through automation and by simplifying complex processes.
  • Successfully managed multiple audits, ensuring a timely and accurate completion while maintaining positive relationships with external auditors.
  • Developed comprehensive financial models to support decision-making processes and long-term growth strategies for the organization.
  • Reduced operational costs by implementing effective cost control measures and optimizing resource allocation.
  • Provided valuable insights to senior management through in-depth monthly performance analysis and variance reporting.
  • Improved cash flow management with proactive monitoring of accounts receivable and payable, leading to increased liquidity.
  • Ensured accurate financial record-keeping by implementing best practices in accounting policies and procedures across all departments within the organization.
  • Enhanced financial reporting accuracy by streamlining budget planning and forecasting processes.
  • Ensured regulatory compliance by establishing robust internal controls and staying up-to-date on relevant legislation changes affecting the finance industry.
  • Analyzed business processes to identify cost savings and operational efficiencies.

ARTICLES CLERK

FIPS Chartered Accountants
01.1997 - 01.2000
  • Mentored junior clerks providing guidance and support in their professional development leading to enhanced team performance.
  • Provided journal entries and performed accounting on accrual basis.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Prepared reports and materials to assist with audits.
  • Prepared working papers, reports and supporting documentation for audit findings.

Education

MBA - ACCOUNTING & FINANCE

UCAM Universidad Católica San Antonio de Murcia
01.2023 - 01.2024

POSTGRADUATION DIPLOMA - ACCOUNTING & FINANCE

Cambridge International Qualifications
01.2023 - 01.2024

BBA - ACCOUNTING MAJOR | MIS MINOR

Andrews University
01.1994 - 01.1997

ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS (ACCA) - Accounting And Finance

ACCA

Skills

Financial management expertise

Other Appointments

  • NATIONAL TREASURER, Literacy Association of South Africa (LITASA), 2023, Oversaw financial management and strategic planning initiatives, ensuring compliance with organizational goals.
  • CHAIRPERSON, Meals on Wheels Community Services (SA), 2013 - 2023, Led the Ethics Committee, ensuring ethical practices and decision-making within the organization.

Affiliations Designations

  • ACCA, Student Member, 5667145 (Currently Deferred)
  • CFO club Africa, Professional body registration with the Network of International CFOs

Timeline

Head of AI-Driven Organizational Excellence Initia

StratXpert & GoUprite Project
01.2024 - Current

MBA - ACCOUNTING & FINANCE

UCAM Universidad Católica San Antonio de Murcia
01.2023 - 01.2024

POSTGRADUATION DIPLOMA - ACCOUNTING & FINANCE

Cambridge International Qualifications
01.2023 - 01.2024

CHIEF FINANCIAL OFFICER (Co-Founder)

Collective Impact
01.2021 - 12.2023

DIRECTOR: STRATEGY, FINANCE & IT (Acting CFO)

Collective Impact (Pty) Ltd
01.2013 - 01.2020

CHIEF FINANCIAL OFFICER

Border Cricket
01.2010 - 01.2013

ADMIN/FINANCE ASSOCIATE

United Nations Population Fund (UNFPA)
11.2007 - 01.2010

GENERAL MANAGER

Asihlumisane Savings & Credit Coop
01.2006 - 01.2007

MANAGING PARTNER

Moffat Consulting Services
01.2002 - 01.2006

GROUP FINANCE MANAGER

HM Group of Companies
01.2000 - 01.2002

ARTICLES CLERK

FIPS Chartered Accountants
01.1997 - 01.2000

BBA - ACCOUNTING MAJOR | MIS MINOR

Andrews University
01.1994 - 01.1997

ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS (ACCA) - Accounting And Finance

ACCA
NQOBILE NXUMALOCFO / Lead, Organizational Effectiveness & Strategic Execution Platforms