Financial Force
Thembie Ngubeni
Senior Finance Professional (CIMA)
Rugby,WAR
Summary
A highly experienced Senior Finance Professional with over 15 years of expertise in financial controllership, cost management, and strategic financial planning. Adept at P&L management, delivering accurate financial reports, and ensuring compliance with regulatory frameworks. Demonstrated success in leading financial control processes, driving cost efficiencies, and supporting senior executives with critical financial insights. Skilled in managing cross-functional teams and implementing process improvements to streamline operations.
Overview
2025
2025
years of professional experience
6
6
years of post-secondary education
Work History
R2R Manager
DMG Media
1 2024 - Current
- Led the Record to Report (R2R) team within the Shared Service Finance function, overseeing general ledger accuracy and the delivery of P&L reports
- Delivered financial insights and ad-hoc analysis to senior leadership, ensuring accurate reporting and alignment with business objectives
- Managed month-end closing, budgeting, and forecasting, meeting group reporting timelines and driving process improvements
- Collaborated with business units to implement new financial processes, enhancing financial control and integrity
Business Analyst
Mitie
London , England
09.2022 - 10.2023
- Transitioned 28 newly acquired companies to SAP systems, streamlining business processes and optimizing financial operations
- Gathered, documented, and prioritized business requirements from stakeholders through interviews and workshops
- Collaborated with IT teams to ensure system developments aligned with business needs, facilitating seamless SAP integration
- Conducted gap analysis to identify inefficiencies and opportunities for process improvements, proposing enhancements to optimize financial workflows
- Led user acceptance testing (UAT) and developed business process documents to support the implementation and post-integration support of SAP systems
- Built strong cross-functional relationships, ensuring alignment between business units, IT, and external vendors for smooth project execution
Cost Control Reporting & Efficiency Manager
McKesson UK (Lloyds Pharmacies)
Coventry , Coventry
07.2019 - 09.2022
- Led the controllership of a £200m budget, delivering timely financial reports to senior leadership and ensuring compliance with regulatory requirements
- Implemented cost-saving measures, achieving a £15m reduction in support center costs and improving financial reporting
- Managed the year-end close, balance sheet reviews, and provided accurate inputs for regulatory submissions
- Directed monthly cost reviews, driving cost control and efficiency improvements across all business units
- Managed and motivated employees to be productive and engaged in work.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
Financial Controller
DHL Freight UK
Leicester , Leicester
11.2015 - 07.2019
- Managed the financial controllership of a £300m P&L budget, providing critical financial insights for business transformation projects.
- Led full financial health review of DHL Freight (Coalville). Reviewed contracts, pricing matrices and restructured teams to drive profit. Improved financial reporting giving visibility and driving decisions that led to eventual closure of DHL Freight (Coalville)
- Delivered cost-saving initiatives resulting in €2.8m savings on the BMW Mini Contract.
- Lead in implementing complex accounting transactions involving internal pricing matrices and ‘pass-through’ accounting between UK and other DHL European partners working with tax and auditor advisory teams.
- Oversaw the monthly close process, ensuring timely and accurate financial reporting and general ledger reconciliation
- Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
- Conducted regular variance analyses between actual results and budget projections to identify trends or issues requiring further investigation or action by management staff.
Finance Business Partner
Argos (Home Retail Group)
Lutterworth , Leicestershire
09.2013 - 11.2015
- Provided financial support for a £70m transport P&L, leading cost-saving initiatives and delivering detailed financial reports for senior management
- Hub and Spoke model)Led financial analysis during a large-scale distribution network change, saving £24m through optimization of delivery models (Hub and Spoke Model)
- Led financial modeling efforts for scenario analyses, enabling executive leadership to make informed decisions on strategic initiatives with significant financial implications-(Gas/ Electric).
- Identified areas for operational improvement through detailed variance analysis, leading to increased profitability.
- Partnered with Ops transport and warehouse team to drive "Blue Sky" cost improvement initiatives, build initiatives tracker models to ensure cost were delivered timely and efficiently and holding team to account for any failings / shortfalls to agreed plan.
Finance Business Partner (Distribution & PDC)
Alliance Boots
Nottingham , Nottingham
08.2012 - 09.2013
- Producing management accounts to support decision making.
- Periodic financial reports and reviews with cross dock centres located across the country.
- Management of distribution 3PL (third party transport provider) to ensure costs are tightly controlled, financial reports are produced accurately and timely.
- Budget and management of Logistics’ Capex expenditure of c£8m.
- Review of continuous improvements (cost saving initiatives) against budget and communicating risks and opportunities to senior management team.
- Partnered with the logistics team to provide financial support for a £75m budget, overseeing cost management and financial reporting for transport operations
- Led the financial analysis and project management of the Boots 24/7 delivery model, driving operational cost reductions
- Managed balance sheet reviews and worked with third-party logistics providers to control costs and meet financial targets
- I facilitated the delivery of a multi-million pound tender process to select a new 3PL transport provider. As the sole finance lead. I analysed all bids, completed the pre-selection process and assisted in compiling contract schedules
Stock Accountant (Non-Food)
Sainsbury’s
06.2011 - 07.2012
- Provided business partner support to merchandising teams, managing stock budgeting and forecasting for Non-Food categories
- Led the consolidation of stock reporting processes, ensuring synchronized decision-making across store and online channels
- Delivered waste reduction initiatives, reducing stock waste through detailed financial analysis and collaboration with commercial teams
Finance Manager (AP & GNFR)
Sainsbury’s
06.2010 - 06.2011
- Managed accounts payable processes, overseeing payments of up to £1.5bn per period and ensuring adherence to financial controls
- Directed the upgrade of Oracle financial systems, streamlining payment processes and supporting cash flow management
- Collaborated with internal and external auditors to ensure compliance with VAT regulations and led faster close processes for timely financial reporting
Balance Sheet Risk Control Manager
Sainsbury’s
10.2008 - 06.2010
- Created and implemented the Balance Sheet Risk Control framework, conducting periodic reviews of over 1,000 balance sheet accounts
- Led financial risk mitigation efforts, uncovering millions in dormant accrual accounts and ensuring accurate financial reporting
- Played a key role in the budgeting process, collaborating with multiple departments to challenge assumptions and improve budget clarity
Finance Analyst (Supply Chain)
Sainsbury’s
01.2007 - 11.2007
- Conducted open book reconciliations for third-party contracts, ensuring financial compliance and accuracy across all depots
- Managed monthly reporting for all supply chain P&Ls, conducting variance analysis and providing insights for senior management
FOB Financial Accountant (Graduate Scheme)
Sainsbury’s
01.2006 - 12.2006
- Managed end-to-end invoice matching for foreign suppliers, ensuring adherence to financial controls and preventing fraud risks
- Delivered KPI reporting and balance sheet reconciliations for the import process, automating invoice matching processes for future growth
Education
Bachelor of Science - Accounting
Sheffield Hallam University
Sheffield, SHF 09.2000 - 01.2004
ACMA -
Chartered Institute of Management Accountants
London, ENG 01.2006 - 01.2009
CIMA (MiP) - undefined
Skills
Financial Reporting
Balance Sheet
Cash Flow
Reconciliation
Financial Controls
Budgeting / Forecasting
Variance Analysis
Process Improvement
Stakeholder Management
Executive Leadership Support
Audit Coordination
Financial Data Analytics
Decision Support
Accomplishments
- Led initiatives resulting in £15m cost savings at McKesson UK by optimizing cost control and enhancing financial visibility.
- Reduced month-end closing processes by 5 days, improving efficiency across multiple business units.
- Played a critical role in delivering financial inputs for regulatory reports, ensuring compliance with UK financial regulations.
- Drove the successful relocation of financial control activities to a Shared Services Centre, building a control-driven culture.
Software
SAP
ORACLE
Microsoft Office
Timeline
Business Analyst
Mitie
09.2022 - 10.2023
Cost Control Reporting & Efficiency Manager
McKesson UK (Lloyds Pharmacies)
07.2019 - 09.2022
Financial Controller
DHL Freight UK
11.2015 - 07.2019
Finance Business Partner
Argos (Home Retail Group)
09.2013 - 11.2015
Finance Business Partner (Distribution & PDC)
Alliance Boots
08.2012 - 09.2013
Stock Accountant (Non-Food)
Sainsbury’s
06.2011 - 07.2012
Finance Manager (AP & GNFR)
Sainsbury’s
06.2010 - 06.2011
Balance Sheet Risk Control Manager
Sainsbury’s
10.2008 - 06.2010
Finance Analyst (Supply Chain)
Sainsbury’s
01.2007 - 11.2007
ACMA -
Chartered Institute of Management Accountants
01.2006 - 01.2009
FOB Financial Accountant (Graduate Scheme)
Sainsbury’s
01.2006 - 12.2006
Bachelor of Science - Accounting
Sheffield Hallam University
09.2000 - 01.2004
CIMA (MiP) - undefined
R2R Manager
DMG Media
1 2024 - Current
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