Phoebe Fikile Maziba

Assisting in BAU Financial Reporting and Process improvement

• Review of monthly accounts and compiling monthly management accounts, for reporting to Invest Exco and Group Finance for consolidation & reporting to Holdings Exco
• Analyse financial performance and provide value add information to aid management decisions
• Assist with compilation of Exco and Board reports
• Preparation and review of various financial statements & disclosures
• Managing accounts receivable and payable function for various Invest cost centres
• Daily review of cash flow positions and cash management
• Review and ensuring capital requirements are maintained Budgeting & cost management
• Preparation of budgets and forecasts for income, manex, (Review for flows & assets under administration)
• Variance analysis against budgets and forecasts, including regular meetings with various cost centre managers
• Cost driver analysis and impact assessments Asset Reporting
• Asset allocation & SAM reporting

Internal Executive Leadership
• Provided strategic oversight and drove business growth.
• contributed to company strategy in senior executive meetings, engaged in business development, and enhanced profitability through client P&L analysis.
• Significantly contributed to organizational development through PMO facilitation, mentoring, D&I initiatives, resource onboarding, and performance management.
Consulting Project History:
Transaction Management & Operational Excellence: Led a team of 8 to deliver robust Investment & Corporate Banking operational support and drive process improvements.
• Efficiently managing complex daily transactions, resolving issues, and ensuring timely execution through active stakeholder engagement.
• Management of deal objectives, legal commentary, and optimized financial processes like month-end management and funding positions.
• Artifacts for improved processes & recommendations which were absorbed operationally.

Retail Lending & Business Banking Strategy Support
• In depth product analysis – Budgets, margins, run rates.
• enhancing reporting dashboards to add value to the end users.
• Providing African market macro-economic insights.
• Review of Credit Product performance.
• Stakeholder management on product issues - IFRS 9 readiness, product performance reviews, FTP rates, etc.
• Financial year end briefing commentary write up for results presentation assistance.

Cost Transformation & Automation: Spearheaded a major cost allocation automation project for IFRS 17 readiness across multiple business units and a UK subsidiary.
• Automating manual processes, configuring complex models, transforming data, and developing comprehensive analytics, significantly improving efficiency and compliance for group financials.
• Operational oversight and review of junior staff in the IFRS 17 AFS Specification project which entailed: Creation of Journals, a General Ledger and Annual Financial Statements for Group Financials with a specific focus on IFRS 17, and other supporting activities such as accounting policy review.
Accounting & Settlements Project Leadership: Successfully led the initiation, planning, design, monitoring and controlling of the Accounting and Settlement phase project
• Worked closely with the Forex CFO in designing and detailing the analysis of the “As-Is” architecture supporting the banks forex Financial Reporting Landscape.
• Collection of requirements to assist and enable the design of the “To-Be” Financial Reporting Landscape.
• Analysis and documentation of the solution to ensure a successful migration of the General Ledger.
• Maintained robust project; these included but were not limited to: Project Schedules, Risk Registers etc.
• Ensuring key stakeholder alignment across diverse group of divisions: Forex, Global Markets and Group Treasury.

Intercompany Confirmation Process Design & Implementation: Designed and implemented enhanced intercompany confirmation processes (ICPs), significantly improving control environments and trade reconciliation.
• Modelling deal cash flows and taking the deals through an internal credit approval process. All models were prepared using historic company information (audited financial statements).
• Documenting business requirements & key design principles to be adhered to during the design phase.
• Designing an Intercompany Confirmation Reconciliation which achieves the business requirements and design principles documented above.
• Assisting in the design of test cases to test the completeness, accuracy and validity of the newly built Intercompany Confirmation Reconciliation.
• Successfully implementing and completing the project into production.

BA900 Regulatory Reform Leadership: Leading a team of 4 BA’s in the implementation of the BA900 reform in the Corporate & Investment Banking space by acting as a 2IC to the Regulatory Head;
• This involved comprehensive project management, balance sheet analysis, complex stakeholder management, extensive data testing, and optimizing the BA900 submission cycle to ensure compliance with SARB requirements.

• Critical review and production of monthly management accounts of the group.
• Preparation of Annual Financial Statements.
• Develop and maintain effective relationships with stakeholders across 4 franchises (RMB, FNB, WesBank and Ashburton) to support service levels and receive relevant information timeously.
• Prepare Trend Analysis of the group results quarterly, which is used as part of analysis for different group reports.
• Ensure year-end and half-year end processes are completed accurately and within prescribed timeframes.
• Liaise with CFO's, group technical team and internal/external auditors.
• Prepare the Group monthly CFO and the group quarterly CFO report.
• Review results, write group commentary, reconcile CEO reports to Group financial statements and maintenance of reports for the CFO report.

• Oversaw Corporate clients KYC (Know Your Customer) remediation aligned to FICA requirements.
• Ensured file completeness, regulatory compliance, via quality assurance reviews leading 6 remediation analysts.
• Executed shared services services reconciliations, payroll journal reviews, and IAS 16 Fixed Asset Register compliance.
• Recommended process improvements and supported new system troubleshooting within shared services.

Industry Experience:
Manufacturing
Head Office
Mining
Public Sector – Dep. Arts & Culture
SOE
Real Estate
Franchise

Main Clients:
Bidvest Head Office
Imperial Jurgens
Major Drilling
Auditor General (AGSA)
Servest
South African Airways (SAA)
Endangered Wildlife Trust
Actom Wilec
Michelin Tyre Company
Order of St. Johns
Nashua Central
Incredible Connection
Bidvest Konica Minolta