Siphamandla Nzonzo

Planning and Managing Audits

• Leading audit engagements from start to finish.
• Assessing risks of material misstatements and developing audit plans to address those risks.
• Ensuring audits comply with regulations and applicable accounting standards.

Conduct fieldwork and testing

• Reviewing financial statements and identifying discrepancies to discuss with the client.
• Perform control testing to determine whether to place reliance or not.
• Conducting substantive testing and analytical procedures.

Supervise and train junior audit trainee

• Assign tasks to junior audit trainees.
• Reviewing work performed by junior audit trainees.
• Providing guidance and mentorship to the engagement team.

• During the three year training contract as a trainee I conducted detailed financial statements audit for clients in various industries, ensuring compliance with applicable accounting standards and regulatory requirements
• The industries that I covered includes clients in financial services, manufacturing, retail, estate management, debt collection, logistics and warehousing and other not for profit organizations operating in the sugar industry.
• Review of financial statement prepared by the client, tax calculation and management reports to assist client with accurate and timely financial reporting
• As a senior trainee I also provided training and mentorship to junior trainees, fostering BDO's culture and values of adding value, collaborate to win and stronger together.
• During my second and third year I gained hands on experience in audit planning, execution and reporting
• Assisted in preparing comprehensive reports outlining audit procedures performed, findings identified, and recommended corrective actions for clients to implement.
• Ensured timely completion of audit tasks by efficiently managing workload under tight deadlines without compromising quality or attention to detail.
• Collaborated with audit team members to complete assignments on time and within budget constraints.

• Process high volume of invoices for payment with seven days of the invoice date ensuring accuracy and compliance with company policies
• Managing supplier relationships by responding to inquiries and resolving discrepancies in a timely manner.
• Reconcile supplier payments to supplier statement to ensure accurate and up to date records.
• Collaborating with finance team to find ways of reducing processing times
• Reviewed vendor invoices for appropriate documentation and validity prior to payment.
• Collaborated with other departments to resolve discrepancies in invoices or purchase orders, promoting smooth business operations.
• Trained new team members on accounts payable processes, fostering a productive work environment.

• Assisted in preparation of budgets
• Managed accounts payable ensuring timely and accurate processing of of invoices.
• Assisted in capturing of invoices for the finance department to pay suppliers
• Assisted in maintaining accurate and organize financial records
• Contributed to a positive team environment by collaborating with fellow interns on group projects and presentations.