Summary
Overview
Work History
Education
Skills
Education
Accreditations
Timeline
Generic

Thendo Tsangwane

Head Of Finance Operations
Edenvale

Summary


Finance professional with deep expertise in financial strategy, analysis, and risk management. Proven ability to drive financial health and operational efficiency through robust budgeting and forecasting. Strong focus on team collaboration and delivering impactful results. Adept at navigating dynamic business environments with adaptability and reliability.

Overview

13
13
years of professional experience
2013
2013
years of post-secondary education
7
7
Languages

Work History

Head of Finance Operations

Discovery Vitality
01.2025 - Current
  • Forecasting and budgeting
  • Financial advisory to Vitality Exco to support decision making
  • Management expenses variance analyses and tracking
  • Corporate charges variance analyses and tracking
  • Ensure compliance with VAT and Income Tax laws and regulations
  • Review and sign-off monthly VAT pack and reconciliation
  • Ensure completeness of Finance contracts with Vitality Partners and fellow subsidiaries
  • Presenting of strategic income statements to Exco
  • Owner of Cash flow function
  • Owner of Accounts Payable and Accounts Receivable function

Head of Finance and Reporting

Discovery Vitality
07.2022 - 12.2024
  • Managing the month-on-month Finance reporting function and Partner payments teams
  • Preparation of monthly financials and presenting to Vitality Exco and preparation of quarterly financial Board pack
  • Preparation of monthly divisional targets/company KPI’s
  • Review and sign-off material Partner payments reconciliations (Gym and Travel Partners)
  • Management of monthly, and annual Group Finance deliverables
  • Facilitation of Internal audit process for Vitality before commencement of Internal Audit
  • Vitality RSA Annual Financial Statements review

Financial Analyst, Finance Manager, Senior Finance Manager

Discovery Vitality
09.2016 - 06.2022
  • Involves in profitability turn around strategy
  • Stand in CFO from February 2024 until May 2024
  • Completed next generation of leadership course in 2025
  • Nominated as one of the best performing staff in 2022
  • Promoted to Head of Finance and Reporting effective from July 2022
  • Promoted to Senior Finance Manager effective from January 2022
  • Seconded to Operations Exco (chaired by the Chief Operations Officer) for 3 months, immediately after my secondment I was granted a permanent seat at Operations Exco
  • Performed IFRS 15 assessment for Vitality before implementation of new IFRS standard
  • Facilitated automation of Vitality Financial Statements
  • Part of Financial reporting integration between Discovery Bank and Discovery Vitality
  • Successful implementation of new JSE requirements (attestation, materiality) in 2021 for Vitality

Manager

KPMG
02.2015 - 08.2016
  • Company Overview: Deal advisory/Corporate Finance (Transaction services)
  • Documentation of due diligence report for buy side and sell side
  • Participating in meetings with stakeholders and investors (Including international investors)
  • Providing feedback to the partner in charge and the associate director/senior manager
  • Overview of client sectors (Due diligence): Telecommunications, Armed response services, Manufacturing, Pharmaceutical
  • Deal advisory/Corporate Finance (Transaction services)
  • Qualified for a promotion to manager level in the first year (2015)
  • Performed a full financial due diligence for a small/medium company

Trainee accountant

Ernst and Young (EY)
01.2012 - 12.2014
  • Company Overview: Assurance
  • Planning of the audit
  • Assessing risk of material misstatement and fraud risks before commencing audit fieldwork
  • Assessing independence of the audit team as per COPC (Code of professional conduct) requirements
  • Facilitating planning meetings and conclusion meetings
  • Reporting to the client on audit findings/ recommendations
  • Reporting to the audit manager and partner on status of the audit
  • Supervising the audit team
  • Assessing budget versus actuals of the hours charged
  • Analysing financial statements before signing off
  • Overview of client portfolio during articles: Zest electric motors (Pty) Ltd, Rainbow chicken Ltd, Italtile Ltd, Adcock Ingram Ltd, Jasco Electric holdings Ltd, Investec Ltd (Properties division), Anaprop Property Investments( Pty) Ltd
  • Assurance
  • Client software exposure during articles: SAP, Syspro, VIP, Pastel
  • Exceeded expectations on certain audit engagements during my final year of articles
  • Achieved promotion in each year of assessment
  • Passed Honours/CTA whilst doing my 1st year of articles
  • Passed Board 1&2 exams in one year during my second year of articles

Education

Bachelor of accounting sciences (Honours/CTA) -

University of South Africa

Bachelor of accounting sciences degree - undefined

University of South Africa

Matriculated - undefined

Jeppe High School For Boys

Skills

Microsoft Excel

Education

University of South Africa, Bachelor of accounting sciences (Honours/CTA), 12/01/12, Bachelor of accounting sciences degree, 09/01/09, Jeppe High School For Boys, 2004

Accreditations

SAICA (South African Institute Of Chartered Accountants), 20034675, Board 2/PPE( Public Practice Exam), Passed, 11/01/13, APT( Accounting professional training), Passed, 2013, Board 1/ITC( Initial test of competence), Passed, 06/01/13

Timeline

Head of Finance Operations

Discovery Vitality
01.2025 - Current

Head of Finance and Reporting

Discovery Vitality
07.2022 - 12.2024

Financial Analyst, Finance Manager, Senior Finance Manager

Discovery Vitality
09.2016 - 06.2022

Manager

KPMG
02.2015 - 08.2016

Trainee accountant

Ernst and Young (EY)
01.2012 - 12.2014

Bachelor of accounting sciences degree - undefined

University of South Africa

Matriculated - undefined

Jeppe High School For Boys

Bachelor of accounting sciences (Honours/CTA) -

University of South Africa

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Thendo TsangwaneHead Of Finance Operations