Manager Risk and Advisory
Deloitte
Total years of experience :21 years, 3 Months
Management of portfolio of internal audit engagements in the government sector
Customer relationship management
Attendance of audit and risk committee meetings
Leading and mentoring staff
NKONKI - ASSOCIATE DIRECTOR (Reporting to Partner)
AUGUST 2013-current
Current Client base = Transnet (dedicated resource) Biggest Internal audit outsource in the world: Liaison with client executive and Transnet internal audit executive to ensure the efficient operation of audits against budget. I also participated in contributions for audit committee pack development and review of the audit committee pack for completeness, "big picture coverage" and tone. I am responsible for the Commercial aspect on the account relating to Transnet's strategic objectives of increasing volumes and improving pricing (Sales and marketing) that has emerged as a key strategic initiative. The hours in my portfolio amount to 7000 hours which is the equivalent of 5 full time resources. (I Have managed 3 teams of 4 people at EY see Capital projects)
Transnet (Freight Logistics)
I am responsible for managing multiple audit teams working in the commercial space addressing. I currently have 7000 hours under management as part of my performance goals. The role includes focussed quality assurance relating to planning, fieldwork and reporting. Further, liaison with client executive to address reports and manage the relationship for sustainability. Lastly I am required to prepare audit committee pack extracts to report progress against plan as well as future audit planning. The mentoring of staff and coaching is a key performance area. My team and I have been developing risk and control frameworks to align the audit scope to key Transnet strategic risk areas.
Staff counselling and development
I have been assigned Two counselees whose career development and annual performance assessments are my responsibility. A formalised process requires me to mentor and coach these staff on an ongoing basis, identify areas for development and assist in obtaining the relevant training intervention to ameliorate the development area.
Selected Accomplishments:-
* None to date
Relevant Experience
ERNST AND YOUNG - SENIOR MANAGER (Reporting to Partner)
JANUARY 2011-August 2013
Senior manager
Manufacturing: Served as one of two senior managers responsible for the Nampak account, and responsible for planning audits managing teams who are executing audits (including comprehensive quality control) . Liaison with client executive and EY executive to ensure the efficient operation of audits against budget. I also participated in contributions for audit committee pack development and review of the audit committee pack for completeness, "big picture coverage" and tone.
Transnet (Freight railway) - Biggest Internal audit outsource in the world: I am responsible for managing multiple audit teams working on capital projects (civil construction), Safety Health and Environment audits. I currently have 29 000 hours under management as part of my performance goals. The role includes focussed quality assurance relating to planning, fieldwork and reporting. Further, liaison with client executive to address reports and manage the relationship for sustainability. Lastly I am required to prepare audit committee pack extracts to report progress against plan as well as future audit planning. The mentoring of staff and coaching is a key performance area.
Additional responsibility (extra Key performance goal)
I have also been involved in a strategic project involving learning and development of staff in risk and advisory services in the EMEIA (Europe, Middle East, India region) entailing my participation in delivering training to staff as a facilitator. (I currently have 240 hours experience in this role)
Staff counselling and development
I have been assigned three counselees whose career development and annual performance assessments are my responsibility. A formalised process requires me to mentor and coach these staff on an ongoing basis, identify areas for development and assist in obtaining the relevant training intervention to ameliorate the development area.
Selected Accomplishments:-
* Achieved client ratings on audits I have delivered rated "exceeds an expectation".
* Received commendations from the Ernst and Young partner in charge of risk based in Mauritius for the skills matrix developed during 2011. "Zane Cousins has done a great job of setting up this material. Zane and I are looking to you to help us source some of the training " Shailen Ramgoolam
* Received a commendation from the Ernst and Young audit director for the Transnet account - See Appendix 1
Relevant Experience
NAMPAK PACKAGING INTERNATIONAL (HEAD OFFICE SOUTH AFRICA) -SENIONR INTERNAL AUDIT MANAGER
(Sub-Saharan Africa, UK and Europe)
Group Financial audit manager effective 1 December 2009
Leading an internal audit team comprising a team leader and 2-3 auditors to perform all finance audits for the group based on risk assessments (COSO based) and data analytics (per audit plan) . This is a strategic role that encompasses the review finance functions and shared service functions for the group viz. (cartons; box sheet board and branded boxes; metals and plastics) . I am also responsible for the performance of forensic investigations with forensic audit manager when required to do so (usually upon receipt of tip-offs) . Key performance areas are heavily weighted to developing staff via in house training, coaching interventions and through competency based training programs co developed with the Institute of internal auditors South Africa chapter.
Senior manager
Manufacturing:
Served as one of two senior managers responsible for the Nampak account, and responsible for planning audits managing teams who are executing audits (including comprehensive quality control). Liaison with client executive and EY executive to ensure the efficient operation of audits against budget. I also participated in contributions for audit committee pack development and review of the audit committee pack for completeness, “big picture coverage” and tone.
Transnet (Freight railway) - Biggest Internal audit outsource in the world:
I am responsible for managing multiple audit teams working on capital projects (civil construction), Safety Health and Environment audits. I currently have 29 000 hours under management as part of my performance goals. The role includes focussed quality assurance relating to planning, fieldwork and reporting. Further, liaison with client executive to address reports and manage the relationship for sustainability. Lastly I am required to prepare audit committee pack extracts to report progress against plan as well as future audit planning. The mentoring of staff and coaching is a key performance area.
Additional responsibility (extra Key performance goal)
I have also been involved in a strategic project involving learning and development of staff in risk and advisory services in the EMEIA (Europe, Middle East, India region) entailing my participation in delivering training to staff as a facilitator. (I currently have 240 hours experience in this role).
Staff counselling and development
I have been assigned three counselees whose career development and annual performance assessments are my responsibility. A formalised process requires me to mentor and coach these staff on an ongoing basis, identify areas for development and assist in obtaining the relevant training intervention to ameliorate the development area.
Selected Accomplishments:-
Achieved client ratings on audits I have delivered rated “exceeds an expectation”.
Received commendations from the Ernst and Young partner in charge of risk based in Mauritius for the skills matrix developed during 2011. “Zane Cousins has done a great job of setting up this material. Zane and I are looking to you to help us source some of the training...” Shailen Ramgoolam
Group Financial audit manager effective 1 December 2009
Leading an internal audit team comprising a team leader and 2-3 auditors to perform all finance audits for the group based on risk assessments (COSO based) and data analytics (per audit plan). This is a strategic role that encompasses the review finance functions and shared service functions for the group viz. (cartons; box sheet board and branded boxes; metals and plastics). I am also responsible for the performance of forensic investigations with forensic audit manager when required to do so (usually upon receipt of tip-offs). Key performance areas are heavily weighted to developing staff via in house training, coaching interventions and through competency based training programs co developed with the Institute of internal auditors South Africa chapter.
Senior Internal auditor manager paper cluster (July 2006 - November 2009)
Leading two audit teams comprising a team leader in each team and 2 auditors per team to perform Finance, Manufacturing operations, Supply chain / Inventory; Procurement; Human resources and Payroll audits across the group locally and internationally. The focus was the paper cluster of the group who manufacture 80% of all cartons and printed boxes in use in South Africa and with significant market share in the UK and Europe regions. Nampak’s operations in Nigeria and Tanzania were also the subject of reviews. Preparation of risk assessment for business in my portfolio derived from interactions with business executives. The role will involve a close liaison with finance directors in the group and will require attendance at monthly finance directors meetings including tax and treasury.
Selected Accomplishments:-
Received performance bonuses ever year while employed at Nampak,
Was selected to participate in a management development program after 6 months employments with the group. Only the Chief Audit Executive and I participated in the training,
Was earmarked in succession plan and deemed a critical resource for retention.
Completed all audits allocated within budget and within time allocated.
Participated in the strategic recruitment of staff.
Developed flash cards (delineating methodology) for use in induction packs relating to newly recruited staff.
Developed skills matrix for department based on IIA standards to identify skills gaps and training interventions,
Developed task appraisal documents to enable the performance assessment of staff following audit engagements that are aligned to key deliverables identified in consequence of job profiling performed.
Developed training program (competency based) with the IIA.
Developed key control audit program in use in the group internal audit department and was recently tasked to develop limited control program for Europe,
Successful combined audit assurance provided with Deloitte and Touche external auditors, with praise from external audit engagement partner.
Requested by two plant managers to perform ad hoc reviews in their supply chain process, Inventory receiving process and payroll departments.
Developed an audit resource planning tool on excel to estimate resource requirements vs. available capacity.
Assigned the European divisions responsibility for reporting planning and staffing.
Senior Internal auditor manager paper cluster (July 2006 - November 2009)
Leading two audit teams comprising a team leader in each team and 2 auditors per team to perform Finance, Manufacturing operations, Supply chain / Inventory; Procurement; Human resources and Payroll audits across the group locally and internationally. The focus was the paper cluster of the group who manufacture 80% of all cartons and printed boxes in use in South Africa and with significant market share in the UK and Europe regions. Nampak's operations in Nigeria and Tanzania were also the subject of reviews. Preparation of risk assessment for business in my portfolio derived from interactions with business executives. The role will involve a close liaison with finance directors in the group and will require attendance at monthly finance directors meetings including tax and treasury.
Selected Accomplishments:-
* Received performance bonuses ever year while employed at Nampak,
* Was selected to participate in a management development program after 6 months employments with the group. Only the Chief Audit Executive and I participated in the training,
* Was earmarked in succession plan and deemed a critical resource for retention.
* Completed all audits allocated within budget and within time allocated.
* Participated in the strategic recruitment of staff.
* Developed flash cards (delineating methodology) for use in induction packs relating to newly recruited staff.
* Developed skills matrix for department based on IIA standards to identify skills gaps and training interventions,
* Developed task appraisal documents to enable the performance assessment of staff following audit engagements that are aligned to key deliverables identified in consequence of job profiling performed.
* Developed training program (competency based) with the IIA.
* Developed key control audit program in use in the group internal audit department and was recently tasked to develop limited control program for Europe,
* Successful combined audit assurance provided with Deloitte and Touche external auditors, with praise from external audit engagement partner.
* Requested by two plant managers to perform ad hoc reviews in their supply chain process, Inventory receiving process and payroll departments.
* Developed an audit resource planning tool on excel to estimate resource requirements vs. available capacity.
* Assigned the European divisions responsibility for reporting planning and staffing.
BIDVEST INTERNAL AUDIT (SOUTH AFRICA) - BIDSERV DIVISIONAL AUDIT MANAGER (Senior Manager)
Divisional audit manager (services and manufacturing) - Reporting into the Group Chief Audit Executive
* Managed team of four auditors and one team leader. Business included manufacturing plants in Malawi, Janitorial service businesses, Industrial laundry service; Golf course development and maintenance businesses, guarding and CCTV security monitoring.
* Performed full spectrum of internal audit, statutory compliance, risk assessment and fraud investigatory assurance functions.
* Participated in quarterly audit committee meetings presenting results of audits, compliance audits, control self assessment reviews and fraud investigations.
* Was the first audit manager to achieve 100% coverage of audit clients in 18 month cycle (applauded by audit committee chairman and head of internal audit),
* Trained and developed audit team to high calibre auditors as per testimonial attached by head of internal audit Bidvest Group.
Professional Development
NEDBANK GROUP INTERNAL AUDIT SERVICES (SOUTH AFRICA)
1998 - 2004
Project finance audit manager -IT systems development (August 2003 - November 2004)
Lead a team of 3 auditors. Key responsibilities included reviewing project feasibility assessment for software developments, reviews relating to data migration; impairment reviews following post implementation reviews and general governance related to authorisation and budgeting related to capital expenditure for projects.
* Awarded the "Going for Gold" (Bronze level) award (August 1999) (Appointed July 1998)
* Awarded the "Going for Gold" (Bronze level) award (September 2000)
* Awarded the Going for Gold" (Silver Level) award March 2001.
Internal auditor - group operations department (1998 July - January 2001)
Participated in self managed team as internal auditor. Audited various businesses including Nedfleet (Vehicle fleet management); Nedbank unit trust; Group Finance; Debtors factorisation business; Global business investments; Back office accounting for retail businesses; Asset based finance; Cheque processing centres and home loans.
Team Leader - Central operations (January 2001 - September 2002)
Lead a team of two auditors with a focus in asset based finance, cheque processing centres; home loans; transaction processing including automatic teller banking (ATM); back office functions and Cash processing centres.
Accelerated training development manager IT audit (October 2002 - December 2002)
Volunteered for this role when offered by the head of internal audit at Nedbank, given my proven track record in staff development I was awarded this strategic position that entailed liaising with the divisional human resources manager to create training material and source service providers to train a new intake of graduates and ensure they could be deployed within 3 months. The course covered CoBIT, General and application control reviews; Data analytics using ADL and general internal audit skills in terms of the IIA standards. The course was a great success with improved retention of these staff members and positive input from audit manager to whom these resources were posted.
Process assurance audit (IT systems development (January 2003 - July 2003)
Lead a team of 3 auditors to provide assurance in terms of SDLC for software projects relating to banking software applications internally developed. (Funnel and Gates SDLC methodology was applied by Nedbank).
Project finance audit manager -IT systems development (August 2003 - November 2004)
Lead a team of 3 auditors. Key responsibilities included reviewing project feasibility assessment for software developments, reviews relating to data migration; impairment reviews following post implementation reviews and general governance related to authorisation and budgeting related to capital expenditure for projects.
Selected Accomplishments:
Awarded the “Going for Gold” (Bronze level) award (August 1999) (Appointed July 1998)
Awarded the “Going for Gold” (Bronze level) award (September 2000)
Awarded the Going for Gold” (Silver Level) award March 2001.
Mentioned twice in Group Internal Audit Value Added Statement (client feedback on value added to their entity by auditor/s), being personal commendation by the Assistant General Manager (July 2000, March 2001, November 2001, March 2002)
Awarded the “Ingwe Award” \[for Individual performance November 2001, 2002).
Awarded share options - July 2001.
Awarded Performance bonuses - 2000, 2001, 2002, 2003 - largest numerically 2003.
Appointed to unit head of the Process Assurance Audit team within the discipline of project
Process assurance audit (IT systems development (January 2003 - July 2003)
Lead a team of 3 auditors to provide assurance in terms of SDLC for software projects relating to banking software applications internally developed. (Funnel and Gates SDLC methodology was applied by Nedbank)
Accelerated training development manager IT audit (October 2002 - December 2002)
Volunteered for this role when offered by the head of internal audit at Nedbank, given my proven track record in staff development I was awarded this strategic position that entailed liaising with the divisional human resources manager to create training material and source service providers to train a new intake of graduates and ensure they could be deployed within 3 months. The course covered CoBIT, General and application control reviews; Data analytics using ADL and general internal audit skills in terms of the IIA standards. The course was a great success with improved retention of these staff members and positive input from audit manager to whom these resources were posted.
Team Leader - Central operations (January 2001 - September 2002)
Lead a team of two auditors with a focus in asset based finance, cheque processing centres; home loans; transaction processing including automatic teller banking (ATM); back office functions and Cash processing centres.
* Mentioned twice in Group Internal Audit Value Added Statement (client feedback on value added to their entity by auditor/s), being personal commendation by the Assistant General Manager (July 2000, March 2001, November 2001, March 2002)
* Awarded the "Ingwe Award" \[for Individual performance November 2001, 2002)
* Awarded share options - July 2001.
Internal auditor - group operations department (1998 July - January 2001)
Participated in self managed team as internal auditor. Audited various businesses including Nedfleet (Vehicle fleet management); Nedbank unit trust; Group Finance; Debtors factorisation business; Global business investments; Back office accounting for retail businesses; Asset based finance; Cheque processing centres and home loans.
* Awarded Performance bonuses - 2000, 2001, 2002, 2003 - largest numerically 2003.
* Appointed to unit head of the Process Assurance Audit team within the discipline of project governance audit January 2003.
* My Process Assurance team and I were awarded the "Team Award" during December 2003, for excellence and performance.
* Appointed head of the Project Finance team August 2004 after having been the acting head since \[April 2004\].
PRICE WATERHOUSE COOPERS (SOUTH AFRICA) 1992 - 1998
TRIANEE ACCOUNTANT AND AUDITOR
Successfully served a 5 year trainee contract under the auspices of the South African Institute of chartered accountants. The contract required the candidate to achieve a predetermined set of hours (core experience) in the following areas;
* Performed a forensic investigation at the department of constitutional development on behalf of Scandinavian benefactors who had made donations towards the "Mashakane" campaign which involved interpretation of contracts, ensuring compliance to contracts. The deliverable constituted an audit report expressing an opinion regarding the reasonableness of the aforementioned.
* Local government client's co sourced to the auditor general at two municipalities and two government departments (department of health; department of transport)
Statutory assurance (Audits required by company law): * Audited the financial statements of the Medical university of South Africa (statutory audit),
* Auditing financial statements of listed and privately held companies in various industries (manufacturing, IT software developers; travel consultants etc)
Accounting and taxation: * Preparation of financial statements (including the capturing of data to Accpac);
* Preparation of tax returns for companies and individuals;
* Preparation of financial statements for individuals (high net worth individuals);
* Preparation of VAT returns for companies;
Consulting
* Services to clients on financial matters and participation in the registration of companies.
Bachelor of commerce