People

Langelihle Magwambe

Chief Financial Officer

“an expert in anything was once a beginner”

Profile

Langelihle Magwambe is the Chief Financial Officer of Happy Business Solutions. As CFO, she is deeply embedded in the business and actively works within both the firm and client environments, moving beyond oversight into hands-on execution.

Practical Experience

Langelihle operates as a hands-on finance executive, working across both the internal operations of the firm and directly within client business environments. Her role is deeply embedded in execution, where she applies financial, accounting, tax, and compliance expertise in practical, real-world business settings rather than in a purely oversight capacity. She specialises in applied financial management, accounting systems implementation, and financial process optimisation within operating businesses. Her work focuses on ensuring that financial structures are functional, compliant, and aligned with business performance objectives. She is actively involved in translating financial strategy into day-to-day operational execution within both internal and client contexts. Her experience includes direct involvement in full-cycle accounting, statutory compliance, payroll systems, and financial reporting, where she ensures accuracy, governance, and decision-useful financial information across multiple environments. Her practical experience includes:

  • Working within client business environments to assess financial processes and implement practical accounting and control improvements
  • Preparing and reviewing financial statements and monthly management accounts for internal and client reporting purposes
  • Managing full-cycle accounting processes including journals, reconciliations, and month-end closing procedures
  • Ensuring compliance with VAT, PAYE, UIF, SDL, and income tax requirements in line with South African tax legislation
  • Overseeing payroll administration and statutory payroll compliance using Sage Payroll systems
  • Managing accounts payable processes including supplier verification, invoice processing, and payment controls
  • Managing accounts receivable processes including debtor monitoring, allocations, and reconciliations
  • Supporting cash flow management through forecasting, monitoring, and financial reporting
  • Strengthening internal financial controls and improving financial reporting accuracy across business systems
  • Applying accounting systems including QuickBooks, Sage Payroll, Draftworx, SAP (including S/4HANA), and BAS in live operational environments
  • Supporting budget monitoring, expenditure tracking, and financial reporting in structured institutional environments
  • Assisting with audit preparation, audit queries, and compliance reporting within regulated financial environments
  • Working within public sector and institutional finance systems involving structured financial governance and reporting frameworks Achievements & Certificates
  • Best Learner in Mathematics (2014)
  • Received a bursary from SAICA for all 3 years of study for BCom Accounting
  • Sage Pastel Accounting Certificate (2016)
  • SAP Certificates (2020)
  • Supervision Skills – Managing Groups and Employee Interaction Certificate (2021)
  • Supply Chain Management and Capacity Planning Certificate (2022)
  • Ethics in the Public Service (2022)
  • Introduction to Strategic Planning and Management (2022)
  • Conflict Management (2023)
  • Chartered Business Accountant in Practice Designation (CIBA formerly SAIBA)
  • (2023)

Qualifications

  • Postgraduate Diploma in Financial Accounting (University of South Africa)
  • Bachelor of Commerce (BCom) Accounting (University of the Western Cape)
  • Diploma in Human Resources (Alison)
  • Chartered Business Accountant in Practice (CBAP(SA))
  • Member of the Chartered Institute for Business Accountants (CIBA)
  • Registered Tax Practitioner
  • Independent Reviewer