Cycling
Kusa Khambula
Assurance Manager
Edenvale
Summary
Dynamic and results-driven accountant with extensive experience in assurance, financial reporting, and business consulting across diverse sectors, including financial services, manufacturing, petroleum products, real estate, and the public sector. Proven expertise in delivering high-quality assurance and advisory services to large and medium-sized organizations, complemented by a robust background in turnaround strategies, private company valuations, and investment management. Recognized for strong problem-solving abilities and exceptional time management skills, demonstrating reliability and adaptability in fast-paced environments. Committed to leveraging these strengths to foster team success and drive organizational growth.
Overview
17
17
years of professional experience
2
2
Languages
Work History
Assistant Audit Manager
Deloitte & Touché
01.2016 - 03.2023
- Responsible for ensuring Pension Fund audits are completed using the firm's methodology and that they follow a risk-based approach.
- Supervision, and coaching of junior staff, managing human capital and client relationships.
- Also worked in Real Estate audits on a fixed term contract assigned on the audit of property valuations, Tax (Current & Deferred), IFRS 5 assessments for property assets to be solds.
- Ensuring that risk management procedures have been followed.
- Communicating and ensuring client deadlines are met by ensuring that staff is developed through coaching and counselling.
- Completing audits on time per agreed timelines with clients.
- Retaining business for the department & maintain good client relationships.
- Contributing to formulation and execution of the strategy of the department.
- Project management and risk management during assignments.
- Delivery, meeting deadlines, coaching, and supervising staff.
- Maximising human capital.
- Review of current and deferred tax computation for OMREHC and Plascon.
- IFRS 5 assessments of HFS assets and IAS40 valuation of properties at FV.
Consulting Manager
SekelaXabiso (Pty) Limited
01.2013 - 11.2014
- I mainly worked on Turnaround projects specifically Finance & SCM at Public Works.
- Transnet (Payroll taxes Risk Review) and audit interventions at SABC.
- Overseeing the Irregular expenditure management during the turnaround strategy exercise/clean audit project at the National Department of Public Works and the SABC.
- Developing spreadsheet for testing of Irregular expenditures per PFMA and PPPFA in line with the turnaround plan.
- Coaching regional teams and head office teams responsible for irregular expenditure testing.
- Perform quality review on spreadsheets and ensuring that testing for irregular expenditure was done in terms of PFMA and PPPFA.
- Populating a register of Irregular expenditure to be submitted to Auditor General and National Treasury for investigation and condoning.
- Participate and contributing at meetings to determine the optimum turnaround solutions that will improve the departments outcomes.
- Performing business process reviews with the aim of identifying causes of breakdown in standard operating procedures and policies affecting SCM and the finance function.
- Reviewing legal agreements for validity and compliance with PPPFA and SCM policies.
- Report quarterly to the Project Management Office and attend quarterly update meetings.
Operations Manager
Ramuedzisi Advisory
07.2012 - 12.2012
- This was a startup firm at the time, so I was responsible for making sure that audit and advisory work is performed according to acceptable standards and client requirements and deadlines are met.
- Supervision and coaching of staff.
- Managing audits.
- Planning audits (incl. Risk assessments & audit approach).
- Preparation of audit queries.
- Preparation and presentation of reports to management.
- Preparation of audit report.
- Budget and monthly forecast.
- Monthly management accounts for clients.
- Oversee outsourced accounting function (Incl. VAT and Tax submissions).
- Supervising Staff complement of 6 people.
- Preparation of annual financial statements for clients.
- Preparation of audit files.
- Perform business valuation as and when a need arises per client requests.
- Business process mapping and internal control design per client requests.
Trainee Accountant
SizweNtsalubaGobodo (Now SNG Grant Thornton)
01.2006 - 01.2011
- Completed my 4-year SAICA training contract then after which I stayed on as an Audit Senior on a 2-year contract.
- Was responsible for execution of external audits and subsequently supervision of audit staff.
- Preparing business process flows around accounting cycles.
- Assessing and documenting inherent and control risks per cycle.
- Documenting key controls.
- Preparation of system descriptions and walkthrough tests.
- Coaching and supervising juniors on the assignment.
- Assist in preparing annual financial statements and IFRS disclosure checklist.
- Input and processing of consolidation journal entries on CaseWare.
- Assist with preparing consolidated financial statements for group audits.
- Obtaining an understanding of client business and assessing relevant risks.
- Documentation of audit evidence per ISA standards.
- Preparation of audit file for review by manager and partner.
- Prepare audit reports for signing by audit partner.
- Planning and managing projects.
- Preparation and presentation of reports to management.
- Assist in audit planning and documenting audit plan and strategy.
- Complete and submit VAT 201 and ITR14 to SARS for clients.
- Financial statement analysis and interpretation.
- Effectively participation in meetings and lead effective meetings.
- Respecting deadlines, manage time and organise tasks logically.
- Collaborating with colleagues and/or clients from diverse backgrounds and working effectively as a team member.
- Resolving conflict or differences and negotiating appropriate solutions.
- Communicates effectively in written and verbal format.
- Evaluating the entity's/business unit's financial position, using financial analysis, ratio analysis, trend analysis and/or cash flow analysis.
- Recommend improvements to the performance of the entity/business unit, based on the analysis performed.
- Identifying when there may be a cash shortfall and recommending possible action plans.
- Evaluating cash flow forecasts for an entity/business unit.
- Identifying and evaluating critical factors in the economic, social, legislative, regulatory and political environment that impact on business and the financial decisions of an entity.
- Evaluating the entity's/business unit's current working capital position or components of it, for example, inventory, accounts receivable or payable management, etc. and, where required, recommending improvements.
- Evaluating an entity's/business unit's funding needs.
- Evaluating sources of funding to meet the entity's/business unit's funding needs.
- Evaluating the need for the use of financial instruments in managing an entity's/business unit's funding needs.
- Evaluating the appropriateness and impact of the growth strategies formulated and adopted by the entity.
- Calculates a reasonable range of values for a business or business units or components of the business, using different valuation techniques.
Education
Assessment of Professional Competence (APC - Board 2) -
South African Institute of Chartered Accountants (SAICA)
12.2025
Initial Assessment of Competence (IAC) - undefined
South African Institute of Chartered Accountants (SAICA)
01.2025
Postgraduate Diploma in Applied Accounting Sciences - CTA 2
University of South Africa (UNISA)
02.2024
Postgraduate Diploma in Accounting Sciences - CTA 1
University of South Africa (UNISA)
Skills
CaseWare
Teammate
MS Office
Regulation 28 & SARB Reporting
Financial Reporting
Full IFRS
IFRS for SMEs
IASs
Regulatory Reporting Requirements for Retirement Funds
GRAP
Business Valuations
Affiliations
- SAICA, 09047861, AGA (SA)
- SAIPA, 30841
- IIA(SA), 17130284, 1686335
- ABASA, 475004
Interests
Running and Jogging
Piano
Soccer
Rugby
Timeline
Assistant Audit Manager
Deloitte & Touché
01.2016 - 03.2023
Consulting Manager
SekelaXabiso (Pty) Limited
01.2013 - 11.2014
Operations Manager
Ramuedzisi Advisory
07.2012 - 12.2012
Trainee Accountant
SizweNtsalubaGobodo (Now SNG Grant Thornton)
01.2006 - 01.2011
Initial Assessment of Competence (IAC) - undefined
South African Institute of Chartered Accountants (SAICA)
Postgraduate Diploma in Applied Accounting Sciences - CTA 2
University of South Africa (UNISA)
Postgraduate Diploma in Accounting Sciences - CTA 1
University of South Africa (UNISA)
Assessment of Professional Competence (APC - Board 2) -
South African Institute of Chartered Accountants (SAICA)
References
- Zipho Duze CA(SA), Deloitte & Touché, SNR Audit Manager, 073 640 2079
- Gift Mbhanjwa CA(SA), Road Traffic Management Corporation, SNR Finance Manager, 082 306 4597
- Thobela Dudumashe, AF Advisory, Operations Manager, 083 538 6214
Client Exposure
- Kansai Plascon SA (Botswana and Namibia Regions), External Audit (Manufacturing)
- Old Mutual Real Estate Holding Company Proprietary Limited (OMREHC), External Audit (Real Estate)
- South African Breweries/ AB InBev/ Competition Commission SA, Assurance on Merger Conditions
- Alexander Forbes Limited, Retirement Funds Audit (Financial Services)
- Momentum Fund Administrators (Pty) Limited, Retirement Funds Audit (Financial Services)
- ABSA Consultants and Actuaries (Pty) Limited, Retirement Funds Audit (Financial Services)
- NBC Retirement Fund Administrators (Pty) Limited, Retirement Funds Audit (Financial Services)
- SABC SOE Limited, Clean Audit Intervention
- Transnet SOE Limited, Internal Audit (Payroll Tax Risk)
- Department of Public Works, Turnaround Strategy (Finance and SCM)
- NERSA & City of Tshwane, Enterprise Asset Management
- Respitec (Pty) Limited, External Audit (Manufacturing)
- Khulaco Oil (Pty) Limited, External Audit (Petroleum Products)
- NESS Consulting (Pty) Limited, Advisory (Insurance -Financial Services)
- Siyahamba Engineering (Pty) Limited, External Audit (Manufacturing)
- Development Bank of Southern Africa (DBSA SOE Limited), External Audit (Financial Services)
- Musa Capital Advisors (Pty) Limited, External Audit (Financial Services)
- South African National Blood Services, Internal Audit
- National Economic Development and labour Council (NEDLAC) & Proudly South African Campaign, External Audit (PFMA)
- MerSETA, External Audit (PFMA)
- Departments: Labour, Health, Water Affairs, External Audit (PFMA)
- Mkhondo Local Municipality & Gert Sibande District Municipality, External Audit (MFMA)