Senior Internal Audit Advisor
UNISA
Total des années d'expérience :36 years, 5 Mois
Help with the preparing of the annual risk based audit plan.
Plan and performed audit from planning to reporting bases where a comprehensive audit approach is used to evlauate the compliance, financial and operational processes
Audits are either performed individually or in teams.
Supervised, Monitor and review the quality of performance of the audit work of ten (10) junior staff members.
Liaised with and report to middle and senior management the adequacy and effectiveness of the internal control system.
Attend Audit Committee, Finance Committee and Investment Committee Meetings.
Help with appointment of new staff.
In addition to the above we also provide the auditees with a consultancy services where we review polices and procedures or give advice to clients to ensure that they are in line with leading and best practice and that there are controls build into processes.
Ad-hoc: Special Projects: Being part Committees whereby we advice various department on best practice.
Forensic Audit: Perform investigations or give advice to others performing investigations
Help with fraud awareness and Whistle blower line.
Review Policies and Procedures before they are approved
The following unit were audited:
Project Management
Construction and Maintenance of facilities audit
Setting up of General Ledger and Financials
Financial Statements
Special Projects and Accounting of thereof
Supply chain Management
Bank and EFT
Expenses and Travel and subsistence
Governance
Human Resoruces process
Marketing
Information Technology
Costing system for manufacturing of CD, DVD and study materials
Review of Print Production
Review of Publishing books.
Occupational Health Safety (OHS)
Faclities
Student Registrations
esearch
Tutor/ Assignment
Income Tax
Wharehousing
Fleet and Workshop
Restaurant and Cafetrias
Achivement:
•Improve the reliability and integrity of the information.
•Improve the compliance with policies, procedures, laws and regulation.
•Improve the Safeguarding of assets.
•Improve the economy and efficient used of resources.
Improved the Governance, Controls and Risk Management
Help to improve Financial Reporting at the Municipality
Give advice on best practice on issues of fraud, wasteful expenditure
Help to ensure that the Internal Audit Department maintain its objectivity and independence.
Work as a facilitator between Management and Internal Audit Department to resolve conflicts.
Perform risk assessment profile of the Company base on risk base.
Prepare an operational audit plan. (In the absence of the Manager I am responsible for the division and have been responsible for the department for 2 year period)
Perform audit assignments from the planning to the reporting stages.
Control time and cost for each audit in line with predetermined budgets.
Plan and performed the audit units based on the comprehensive audit approach whereby the compliance and operational audit were performed at head office as well as branches to establish if operations and functional activities are conducted in accordance with the objectives, strategic plan, policies and procedures of the company and statutory regulations.
Monitor and review the quality of performance of the audit work.
Liase with and report to middle and senior management the adequacy of the internal control system.
Liase with the external auditors.
Ad hoc functions:
Forensic auditing and feasibility study.
Prepare budgets for the department.
Perform special and forensic Investigations.
Experienced were gained in reviewing the following units:
Financial, Compliance, Operational and Processes Audits
•Financial Statements of Cost Centres and Company
•Budget
•Bank and EFT
•Trusts
•Incentive Schemes
•Accounts Receivable and Payable
•Expenses
•Cash/ credit receipting
•Fixed Assets
•Petty cash
•Rental Agreement
•Bond Administration
•Arrears Follow up
•Capital Subsidy
•Sales and leasing of Property in possession
•Quality Control
•Inspections
•Human Resources and payroll
Computer System
•Disaster Recovery
•Year 2k
•Access Controls
•Security Controls
Achievements:
•Reduce wastage
•Improve controls, governance and reduce risk
•Improve team spirit and team work
Perform audit assignments from the planning to the reporting stages.
Control time and cost for each audit in line with predetermined budgets
Plan and performed the audit units based on the comprehensive audit approach whereby the compliance and operational audit were performed at head office as well as branches to establish if operations and functional activities are conducted in accordance with the objectives, strategic plan, policies and procedures of the company and statutory regulations.
Monitor and review the quality of performance of the audit work.
Liase with and report to middle and senior management the adequacy of the internal control system.
Ad hoc functions:
Special project: Forensic auditing and feasibility study.
Prepare budgets for the department.
Attend meetings and workshops.
Experienced were gained in reviewing the following units:
Financial, Compliance, Operational and Processes Audits
• Financial Statements of Cost Centres and Company
• Budget
• Bank and EFT
• Trusts
• Incentive Schemes
• Accounts Receivable and Payable
• Purchases, Payment and Expenses
• Cash/ credit receipting
• Fixed Assets
• Petty cash
• Rental Agreement
• Bond Administration
• Arrears Follow up
• Capital Subsidy
• Sales and leasing of Property in possession
• Quality Control
• Inspections
• Human Resources
• Salary system
Computer System
• Disaster Recovery
• Year 2k
• Access Controls
• Security Controls
Achivements:
•Improve the compliance with policies, procedures, laws and regulation.
•Improve the Safeguarding of assets.
•Improve the economy and efficient used of resources.
•Reduce wastage
•Improve controls and reduce risk
•Improve Governance
•Improve team spirit and team work
•Made management and staff of fraud risk
•Advice management on new Accounting and other standards and new regulations
•Proactively advice on all forms risk
Prepare the monthly / year end financial statements and management accounts for the holding and subsidiary Company.
Prepare the financial statements for the South African Reserve Bank.
Ensure company policies and procedures are adhered to.
Ensure Vat is accurately calculated according to the Tax act.
Maintain a month end file.
Prepare and review certain Balance Sheet reconciliation prior to closing month end.
Liase with other departments.
Complete and submit Regional Services Council levies.
Maintain the computer system for the general ledger.
Control and monitor the day to day function of the financial department.
Supervise six staff members.
Responsible for the accounting department when the financial accountant is on leave.
Ad- hoc functions:
Budgets for the Company.
Special projects: Cost Profit Volume Analysis.
Achievements:
Timeous and accurate reporting of Financial Statements.
Timeous distribution of management reports
Improve internal controls
Identifying ways to improve working standards
Reducing the amount paid to the Regional Service Councils
Perform the administration and bookkeeping function of the foreign subsidiary in Botswana.
Preparing Financial Statements for the foreign Subsidiary.
Perform cash management function of Dashaus.
Review and approved client insurance’s claims from the branches.
Prepare the daily, monthly, six monthly cash flow statements and forecast.
Prepare and maintain the fixed asset register.
Prepare the capital and fixed assets budgets.
Prepare most of the balance sheet reconciliation accounts; i.e. import control, inter-company, insurance, bank, etc.
Completing and submitting the Regional Services Council levies and paying expenses accounts.
Calculating of interest to and from the holding company.
Ad - hoc functions: Special Investigation:
Forecast, Budgets, Analysing Income and Expenses etc.
Preparing of cost volume profit analysis schedules.
Achievements:
Timeous Reporting of Financial Statements
Improve turnaround time of reporting
Performing Analysis from which Management decisions were made
Reviewing of credit card application forms.
Capturing and validating credit card application on the computer system.
Approving and declining of credit card application forms.
Liase with the credit bureau and branches.
Authorize and approve a credit limit.
Achievements:
Providing good customer services
Improve the turn around time of assessing and processing of credit card application forms
Passed Part 1, 2 and Part 4 of the Certified Internal Audit Examinations.
I completed a B.Compt degree with majors in Accounting, Auditing and Taxation.
