Eunice Shumba

Lead external audit, internal audit and advisory engagements across public sector entities, donor-funded programs, non-profit organizations and private sector clients. Responsible for the end-to-end management of engagements, including planning, risk assessment, execution, quality review, reporting and stakeholder management while ensuring compliance with International Standards on Auditing and applicable financial reporting frameworks.

• Key Contributions
• Lead multiple concurrent assurance engagements, effectively managing engagement teams, budgets, competing priorities and reporting deadlines while maintaining high standards of audit quality.
• Design and implement risk-based audit strategies by developing an understanding of clients' business models, regulatory environments and key financial reporting risks, enabling efficient and focused audit execution.
• Provide technical accounting advice on IFRS and IFRS for SMEs, supporting clients in resolving complex financial reporting matters and improving the quality and transparency of annual financial statements.
• Review engagement files and provide technical guidance to engagement teams, ensuring audit conclusions are supported by sufficient and appropriate audit evidence and comply with professional standards and firm quality management requirements.
• Build trusted relationships with executive management, finance teams and governance structures by communicating audit observations clearly, providing practical recommendations and supporting timely resolution of audit matters.
• Present audit findings, internal control observations and governance recommendations to executive management and Audit and Risk Committees, supporting informed decision-making and continuous improvement.
• Coach, mentor and supervise trainee accountants and junior audit professionals, providing structured technical guidance, performance feedback and competency-based development to support progression towards professional qualification and independent engagement leadership.
• Collaborate with engagement partners and multidisciplinary specialists to resolve complex accounting, auditing and governance matters while maintaining engagement quality and delivery timelines.
• Representative Experience
• Public Sector External Audit
• Led first-year external audit engagements within complex public sector environments by establishing engagement methodologies, developing risk-based audit strategies and aligning audit responses to significant financial reporting, governance and regulatory risks. Contributed to strengthening assurance quality through proactive stakeholder engagement and effective management of multidisciplinary audit teams.
• Donor-Funded Program Audits
• Managed assurance engagements over donor-funded programs involving multiple implementing entities, coordinating audit activities across diverse stakeholders and strengthening confidence in financial reporting, expenditure accountability and compliance with funding requirements.
• Internal Audit & Governance Advisory
• Led internal audit engagements evaluating governance, risk management and internal control frameworks while providing practical recommendations that enhanced operational effectiveness, strengthened governance processes and supported informed decision-making by management and those charged with governance.
• Technical Financial Reporting Advisory
• Supported clients in resolving complex financial reporting matters through practical application of IFRS and IFRS for SMEs, including financial instruments, revenue recognition, accounting policies, provisions and financial statement disclosures, contributing to compliant and decision-useful financial reporting.

• Progressed from First-Year Audit Trainee to Audit Senior through consistent demonstration of technical capability, professional judgement and leadership.
• Delivered assurance services across listed-group subsidiaries, multinational organizations, public sector entities and private companies operating within manufacturing, engineering, renewable energy, information and communications technology (ICT) and the public sector.
• Progressively assumed responsibility for planning, coordinating and leading increasingly complex audit engagements while mentoring junior team members, strengthening client relationships and collaborating with multidisciplinary specialists to resolve complex financial reporting and assurance matters.
• Key Contributions
• Progressed from performing detailed audit procedures as a graduate trainee to leading audit teams as Audit Senior, demonstrating consistent professional growth and increasing responsibility across complex assurance engagements.
• Delivered high-quality financial statement audits by applying risk-based audit methodologies, developing an understanding of client operations and tailoring audit responses to significant financial reporting risks.
• Evaluated significant accounting estimates, financial reporting judgments and complex accounting matters, contributing to reliable financial reporting and robust audit conclusions.
• Developed strong technical expertise across property, plant and equipment, financial instruments, revenue recognition, impairment assessments, business combinations and financial statement disclosures through practical application of IFRS and International Standards on Auditing.
• Collaborated effectively with Accounting Technical, Corporate Finance, Tax, Data Analytics and Actuarial specialists to resolve technically complex accounting and auditing matters, strengthening engagement quality and supporting timely delivery.
• Managed day-to-day client relationships coordinated audit activities and facilitated constructive communication between client management, engagement leadership and specialist teams.
• Reviewed audit work performed by junior team members, providing coaching and technical guidance that contributed to engagement quality, professional development and efficient audit delivery.
• Built experience across listed-group subsidiaries, multinational organisations, public sector entities and highly regulated industries, developing strong commercial awareness and the ability to adapt audit approaches to different business environments.

• Assessment of Professional Competence (APC) – Dec 2024
• Initial Test of Competence (ITC) – Jun 2022