1. CN
PROFESSIONAL PROFILE
SUMMARY
EDUCATION
STRENGTHS
CAREER PATH
Musa Nhleko
My current role is Head of Cash Management Product
Control in Standard Bank South Africa as part of the
Transactional Product Services Division which forms
part of Corporate Investment Banking. My role involves
producing and managing balance sheet substantiation,
income statement and financial analysis to assist
business to better understand their PnL, as well
improving control environment which includes both run
and change the bank
Budgeting Risk
Management
AnalyticsHead of Cash Management Portfolio
Johannesburg, Gauteng
Honours in Accounting (CTA)
University of South Africa - 2007
Bachelor of Commerce Accounting Sciences
University of Pretoria - 2006
Matric
Highveld Park High School - 2003
Standard Bank SA-Transactional Product
Services CIB
Head of Cash management Portfolio
June 2015 - Current
Standard Bank SA-Group Shared Services
Financial Manager-Risk Shared Services
August 2013 - May 2015
RMB-CIB(FNB Global Transaction Services)
Product Financial Manager
November 2012 - July 2013
RMB
Executive Assistant to the CFO of Equities
May 2011 - August 2012
PwC
Accountant 4 - Financial Services:
Insurance Division
January 2008 – 30 April 2011
CA(SA)
SAICA - 2010
Njabulo “Musa” Nhleko
CA(SA)
Head of Cash Management Portfolio
Tel: 27 11 282 4391
Cell: 27 82 866 7410
Email address: nhlekomusa@yahoo.com

2. CAREER HISTORY
Musa Nhleko
Standard Bank South Africa-Transactional Product Services CIB (Jun 2015 – Current)
Position: Head of Cash management Portfolio
Responsibilities:
• Prepare and present monthly client revenue analysis to enable business to better understand
product drivers
• Prepare and present monthly product revenue results
• Review monthly portfolio revenue results prior to submission to product heads and exco
stakeholders
• Review monthly portfolio commentary prior to submission to product heads and exco stakeholders
• Review monthly balance sheet reconciliations and ensure our balances are substantiated
• Review of monthly revenue results packs prior to submission to product heads and exco
stakeholders
• Attending various business and exco meetings and providing finance input
• Being involved in change the bank projects by providing the following:
o Finance requirements for each project prior to implementation including improving current
control environment
o Being involved in testing pre and post implementation
o Attending monthly project progress meetings to ensure issues raised are addressed
• Retaining good relationship with various stakeholders e.g. Product Heads
• Ensure timeous and speedily resolution to business queries and request as well managing
expectations
• Performing monthly revenue analytics to ensure accuracy and completeness of revenue numbers
• Reviewing of monthly revenue analytics and revenue drivers
• Involved in New product Committee meetings and providing the following:
o Finance input for each products
o Accounting treatment(recognition and measurement) and disclosure of products on income
statement and/or balance sheet
o Ensuring consistency in product treatments(recognition and measurement & disclosure) within
various countries
• Managing a team of 4 individuals and ensuring adherence to deadlines:
o Timely submission of Income Statement, Balance Sheet and Regulatory reports to respective
central finance team and to TPS exco
o Timeously delivery of monthly commentary on revenue, based on management information that
ties to source
• Involved in running the bank initiatives and providing the following:
o Proposing solutions to resolve any current issues including changes to current control
environment
o Testing financial data output to ensure that proposed solutions achieve desired results
o Improving the current control environment by looking at alternative procedures
• Preparation of Financial statement packs for Audit purposes which includes correct IFRS product
classification, Measurement and Disclosure
• Assisting Internal and External Auditors
• Preparation of monthly revenue forecasts by liaising with business and ensuring incorporation of
business input
• Addressing Adhoc stakeholder queries

3. CAREER HISTORY
Musa Nhleko
Standard Bank South Africa-Group Shared Services (Aug 2013 - May 2015)
Position: Financial Manager-Risk Shared Services
Responsibilities:
Business Partner Engagement:
• Work closely with the Business Partner to gain a better understanding of their business as well as
their business drives
• Attend and/or provide financial inputs to the Exco and manco meetings
• Manage expectations, business deliverables and relationships through proactive, regular meetings
• Identify and resolve burning issues with the Business Partners
• Manage resolution of finance queries and escalation of issues, possible non- adherence to deadlines
and outstanding deliverables
• Ensure an effective cost centre management, and products and services management (recharges),
across assigned Business Area
Provide financial advice and guidance of a strategic nature:
• Advise/Guide/Educate Business Partners on accounting disciplines and principles, bank policies and
accounting standards
Provide financial performance reviews:
• Analysis of Business Partner expenditure (balance sheet and income statement reconciliations and
reports). This will include regular balance sheet substantiation as per Group Policies.
• Review and provide monthly reporting that will be discussed and validated with the Business Partner
in monthly meetings
• Accountable for/Perform quarterly deep dives on key issues
• Drive change and improvements and enforce corrective action by improving the control environment
and ensuring business understands the importance of adherence to these
Provide input into business strategy & decision making:
• Assist Business Partners in achieving their strategic objectives by translating their strategy into a
financial plan in order to impact budgets and Revised Estimates (RE’s)-this include offering
corrective action solutions
• Understand what drives business costs, i.e. Metrics and influence strategy
• Provide accurate tracking of planning cycles to enable proactive decision making during Budgets
• Assist business partners with charge-out models based on current drivers
• Influence decision making and agreed corrective action
• Accountable for/Responsible for providing input and assistance into tracking of business cases post
the event (benefits tracking)
• forecasts by liaising with business and ensuring incorporation of business input
• Addressing Adhoc stakeholder queries
• Improving the control environment through changing the bank initiatives within the TPS business
• Margin, Revenue and Balance sheet Analysis
• Ensuring the reconciliation of SAP to source systems
• Preparation of revenue commentary (monthly and economic drivers/rationale) and key contributors
to “commentary database” in Management Information
• Provide BU reporting with input from Management Information and communicate and provide
relevant information to business stakeholders and other governance forums across the bank,(e.g.
regulatory reporting), highlighting key issues/concerns

4. CAREER HISTORY
Musa Nhleko
Budget and forecasting:
• Drive budgeting process (collate and agree Budget and RE financials with Business Partners)
within agreed timelines
• Create forecasting discipline
• Work with Business to forecast monthly and make adjustments using actuals and trends where
possible
Governance & Control:
• Enforce compliance to Bank policies and procedures (for example, Travel claims, EBP,
Capitalisation)
• Assist Business Partners in managing financial risk through balance sheet substantiation
Specialised Financial Services:
• Define, maintain and manage rate model & chargeout models
• Agree transfer expense recovery methodology and constantly review its appropriateness
Accounting hygiene
• Ensure Finance SLA’s with business partners and other stakeholders are in place (agree with
Financial Processes and Control Department and track and monitor with the Business)
• Ensure signatory mandates, cost centre structures and account names are always up to date
• Ensure restatements are identified and correctly done within timelines
• Ensure correct accounts are used for transactions and that all accruals, prepayments and inter
companies are booked on time
• Ensure balance sheet recons for responsible areas are correct and updated
• Ensure the “Know Your Balance Sheet (KYBS)” process is done every month and a proper
understanding of the accounts is achieved
Rand Merchant Bank-CIB(FNB Global Transaction Services) (Nov 2012- Jul 2013)
Position: Product Financial Manager
Responsibilities:
• Business partner to product area with management of full general ledger for the area with
responsibility for all revenue streams, segmentation, direct costs, allocated costs and SLA’s
specific to the product area.
• Understanding of cost allocation, SLA’s and costing methodologies in order to explain and
question costing in place.
• Assisting in pricing discussions and modeling pricing of clients in the product area.
• Management reporting for product area including: trend analysis, variance reporting, drivers
of revenue and cost growth, including the reporting required to central finance.
• Preparation of annual budgets and forecasts for the product area, including the loading of
information into Essbase.
• Assisting the chief financial officer’s (CFO) team with monthly financial reporting.
• Preparation of the interim and year-end financial accounting schedules (FAS) and tax
schedules.
• Completion of the monthly financial accounting schedules on HFM (Reporting tool)
• Involvement in Basel implementation and BA reporting, understanding impacts of these
requirements on capital and pricing.
• Assisting external and internal auditors during the interim and year-end audit processes.

5. CAREER HISTORY
Musa Nhleko
• Ensuring adherence to applicable accounting standards.
• Analysis of risk in the business, with focus on solutions for improvements.
• Value based management.
• Business case modeling and what if scenarios to assist product areas.
• Ad hoc projects these include both run the bank and change the bank initiatives
Rand Merchant Bank (May 2011 - Aug 2012)
Position: Executive Assistant to the CFO of Equities
Responsibilities:
On a daily Basis:
• Compile the daily P&L report
• Assist companies with their procurement activities-loading of supplier invoices to be
approved for payment
• Resolve any data issues and queries from the JSE and business
• Provide the necessary commentary to front office and central
• Perform the daily Capital Adequacy (i.t.o. JSE requirements) check
On a Monthly Basis:
• Performing research on various topics and preparing summaries of findings
• Preparing and submitting vat returns to SARS
• Preparing monthly returns to the SARB and providing commentary on balance movements-
BA 100, 120, 300, 900
• Approving of service provider invoices
• Daily calculation and submission of Capital Adequacy to the JSE
• Preparation and submission of monthly DC reports to the JSE
• Preparing of business unit budgets and engaging with business units heads on the budgets
• Performing Journals when necessary
• Reviewing of monthly FAS Packs
• Interacting with suppliers and resolving supplier issues
• Dealing with Internal and External auditors and providing them with necessary information
• Preparation of letters addressed to the JSE and SARS
• Managing the CFO's diary and setting up meeting with various parties on behalf of the CFO
• Preparation of presentation for board meetings and liasing with different personnel to obtain
data for the presentations
• Matching of internal party transactions
• Sundry Debtors and Creditors Recons
• Perform analysis on performance drivers of the business and write the relevant commentary
to explain the performance of the desk.
• Prepare the Management reports (Desk Reports) for the desk and/or individual portfolio’s as
required by the desk owner plus provide the relevant commentary on the reports to provide
the business with the necessary insight into their performance.

6. CAREER HISTORY
• PricewaterhouseCoopers Johannesburg (Jan 2008 – Apr 2011 )
• Position: Accountant 4 Financial Services: Insurance Division
Responsibilities:
• Planning the audit of financial statements, analyzing movement in account balances to assess
risk, testing of internal controls, verification of transactions and account balances, evaluating
and concluding on audit evidence obtained, review of financial statements and reporting to
management.
• Coaching of junior team members, review of work done by junior team members, monitoring
project progress against budget and performance coaching and development of junior team
members
• Application of well-versed ability to communicate at all levels during interaction with client
representatives
• Accepting of responsibility for prioritising, planning and co-ordinating of external audits in
respect of major audit cycles –
o Staff plotting & designing of audit procedures in response to assessed risks
o Attending and contributing to planning meetings
o Obtaining understanding of client’s accounting systems
o Performing risk assessment
• Reviewing of audit files to ensure compliance to International Standards on Auditing,
professional, legal and other requirements
• Mentorship, career development & training of junior trainee accountants per audit team during
an audit
• Reviewing of audit clients’ financial statements ensuring compliance to SA GAAP/IFRS and
statutory requirements
• Auditing, dealing with and advising on
o Annual financial statements, debtors & creditors control
o Cash flow & tax management
o Investments, claims, premiums and commissions (specific to the insurance industry), bank
& cash and fixed assets
o Accounting journal entries
• Interpretation of management results
• Drafting of letters to management, summarizing audit findings, weaknesses in internal controls
and making recommendations to improve internal controls
My portfolio comprised of the following companies:
o Zurich Insurance Company
o ABSA Insurance company
o Liberty Holdings
o Outsurance Insurance Company
o Eskom Group Pension Fund
o Tshwane Municipality Provident and Pension Fund
o Mittal Steel SA Pension Fund
o Absa Group Pension Fund
o British American Tobacco Provident Fund
o Lewis Stores Retirement and Provident Fund
Musa Nhleko

7. CAREER HISTORY
Musa Nhleko
Additional Courses:
• Money Market training
• Basel 3 Training
• Dividend Tax
• Managing and Analysing Risk of Banks
• IFRS 7 and FAS Pack
• Money Laundering
• Conflict of interest
• Standard Bank – Foundation Leadership Program
Computer Skills:
• MS Office, Lotus Notes, HFM, Oracle and Essbase, SAP BW and R3, BPC, Assurenet, StorQm,FMI,
Notable Achievements:
• Provincial colours (Mpumalanga)-Athletics and Taekwondo
• Soccer first team,
• Vice Captain of the Athletics team
• Rugby second team
• School and Hostel Prefect
• Member of the School and Hostel Choir
Reference available on request