Tendani Sikhwivhilu CA (SA) Mphil

• Develop a high performing team by recruiting and promoting the best people; • Oversee the co-ordination, control and management of processes around budgets; • Compile, measure and report financial and business results for individual business areas; • Review results and query variances with business units; • Ensure financial plans are aligned to strategic objectives and focus; • Evaluate performance within each business area and recommend improvement based on informed executive decision-making • Play a key leading role in the development of a single source for financial management information that is relevant at a franchise, group and business area level; • Report on the financial delivery of strategic objectives; • Contribute to the continuous improvement of retail and business banking profile, by enhancing reports, and assisting in the implementation of future reporting and forecasting models; • Facilitate the understanding of requirements related to new business initiatives through consultation with business stakeholders and involvement in relevant project work streams and working groups. • Interpret and analyse business results, identify opportunities and/or issues to provide insights on the impact on financial performance and the business as a whole. • Devise and collaborate on an effective and accountable solution to address the opportunities or problems identified and drive the implementation of the solution in order to improve and sustain business performance. • Monitor and measure actions of strategic initiatives implemented to improve and sustain business performance.

• Assist in formulating the Business Banking strategy and develop measures of progress against the set strategic direction by assessing the market trends; • Build and Lead a team of financial experts focussed on Regulatory reporting, technical accounting and group statutory reporting including the analysis of BA returns the enhancement of the Business Banking financial reporting framework; • Promote good corporate governance within Business Bank to ensure compliance and procedure by adhering to all applicable legislative and regulatory policies as well as General Accounting Practices. • Designing and improvement of the GL control Framework processes. Managing the processes and attestating on Business Banking GL balance sheet controls ensuring sign off by CEO/CFO. • Maintaining and co-ordination SOX processes for Business Banking to ensure signoff by CEO/CFO. • Co-ordination of all external audits and internal audits on financial reporting.

This role involved: • Provide proactive accounting technical advice in response to queries on new products, transactions and structures; • Collate information relating to new products, prepare technical accounting opinions and assist business units in understanding the accounting implications and application of the standard; • Keep abreast of new product developments launched; • Produce policy papers and other advice setting out accounting consequences and options available to management; • Liaise with external auditors and other external advisers on both technical accounting matters and financial statements preparation; • Provide support and advice to the business units on accounting technical issues; • Review financial information, as necessary and provide recommendations on the best practices; • Assist business units in drafting supplementary schedules required; • Act as point of contact between Barclays group, Absa group and business units on matters related to technical accounting, financial statements and policy matters; • Identify gaps in knowledge and understanding of financial accounting issues; • Provide and facilitate regular accounting updates to both business units and the rest of the group; • Work with senior management, ensure Absa’s and Barclays’s views on accounting issues are provided either as part of lobbying efforts or in response to IFRS developments; • Attending SAICA IFRS development meeting and contributing towards recommendations on standard setting process.

In 2009, Tendani was lecturing Financial Accounting III. In 2010, Tendani was lecturing Management Accounting III.

This role included providing technical opinions, advice and training on all technical accounting matters pertaining to International Financial Reporting Standards (IFRS), South African Generally Accepted Accounting Standards (SA GAAP) and Generally recognised Accounting Practice (GRAP). Tendani's responsibility included the following: o Accounting advisory services to audit teams and clients on IFRS/SA GAAP/GRAP issues o Reviewing annual financial statements to ensure compliance with IFRS/SA GAAP/GRAP o Writing accounting opinions and discussion documents o Provide training (internally and externally) on IFRS/SA GAAP/ GRAP

After completing articles in 2006, Tendani went to San Francisco on a short secondment. In the US office Tendani's client portfolio included auditing diverse companies such as Trinet, Legacy partners and Irwin Home Equity (IHE). Trinet.

Immediately after completing studies, Tendani remained with the university lecturing, tutoring, marking and providing one on one consultations with the students. This year also counted towards Tendani's articles towards qualifying as a CA (SA), which means that he had to do 2 years (instead of the normal 3 years) of his articles.

Tendani completed his first post graduate qualification in 2003, which enabled him to write part 1 of the South African Institute of Chartered Accountants the following year.

Tendani obtained his degree cum laude and was the best student in his third year. Through out his studies, Tendani was a tutor for different classes ranging from Computation Math, Statistics, Accounting and Tax. In 2001, Tendani was admited to the Golden Key International Student Society, which is a society recognising top 15% of the faculty.