Lutendo Doris Ncube
Johannesburg
Summary
Accomplished Assurance Senior Associate with extensive experience at PricewaterhouseCoopers Inc, specializing in GAAP/IFRS accounting and project management. Demonstrated success in leading intricate audits, strengthening internal controls, and ensuring financial accuracy. Known for fostering cross-functional collaboration and delivering precise financial statement analyses. Career aspirations include leveraging expertise to drive operational excellence in a dynamic environment.
Overview
4
4
years of professional experience
1
1
Certification
Work History
Assurance Senior Associate/ Accountant
Inyani Chartered Accountants/ Registered Auditors
Johannesburg
07.2024 - Current
- Prepared draft financial statements for partner and manager reviews.
- Reviewed financial statements and footnotes to ensure compliance with IFRS and regulations.
- Evaluated performance and quality of work presented by junior team members while managing entire audit process.
- Prepared detailed reports on audit results.
- Performed analytical reviews of financial data including balance sheet, income statement, cash flow trends.
- Conducted interviews with client personnel to understand their accounting policies and procedures.
- Followed up on open items in order to complete assurance engagements efficiently.
- Worked with Agile and Scrum methodologies to accomplish project milestones and meet demanding timelines.
- Analyzed financial statements and accounts with comprehensive and quality-driven approach.
- Prepared detailed audit programs based on risk assessment of clients' operations.
- Presented findings to senior management through written reports and oral presentations.
- Led the planning, fieldwork, and wrap-up stages of multiple complex engagements in a timely manner.
- Advised clients on best practices related to internal control weaknesses discovered during the audit process.
- Maintained effective communication with clients throughout all phases of the engagement.
- Used strong attention to detail and knowledge of resources to manage technical issues.
- Compared reports with physical documents, checking each detail with care.
- Coordinated the work of junior staff members assigned to specific tasks within an engagement.
Assurance Senior Associate
PricewaterhouseCoopers Inc
Johannesburg
03.2021 - 01.2024
- RMB Wholesale credit and ABSA Wholesale credit (CIB) audits
- Analyzed non-performing loans to determine status, computations, and correctness of write-offs.
- Conducted file reviews on financial and operational performance of the bank’s clients to ensure alignment with IFRS 9 methodologies.
- Evaluated bank's control mechanisms for effectiveness in meeting credit objectives.
- Conducted reconciliation of credit and finance numbers to verify accurate reporting of IFRS 9 loans and advances.
- Performed thorough risk assessment and allocated tasks to team members.
- Communicated and collaborated with: Actuaries for model and critical fields testing, IT specialists for system and IT generated report testing, Economists for scenario analysis
- Checked work quality executed by junior staff.
- FirstRand group regulatory audit: Audited the Credit (BA 200/BA210) and Equity (BA 340) risk returns that are submitted to the SARB (Prudential regulator)
- Tested related manual journals for proper population and accuracy in second SARB return submission.
- ABSA regulatory audit: Tested the BA 200/210 returns, focusing on derivatives (SA CCR) and the AVC indicator
- Merchant West Holdings: Audited the loans and advances balance for vehicle finance and leases by reperforming the present value calculation, assessing the accuracy of the inputs into the calculation and following up with the client on material exceptions
- In additions, I tested interest income and other expense line items
- Bidvest Bank: Performed AFS ticking and overall review of the quality to ensure they were prepared in line with IFRS - IAS 1 standard
- ARC Investments: Tested the tax rate reconciliation prepared by the client and evaluated the implementation and accounting treatment of the new tax rate
- Calculated the materiality figures for various provincial entities and performed the risk assessment analytics
- Performed IFRS e-checks to ensure financial statements were prepared in accordance with IFRS
- Afgri - Unigro SPV: Inspected and tested a full set of financial statements, provided recommendations to the client
- Centre of Excellence (CoE): The ‘Centre of Excellence’ is an internal cost centre offering support services to the various core audit teams in various divisions
- Whilst there, I audited the Cash and cash equivalents, payables and receivables financial statement line items
- These audit procedures were performed over including, The Bank of China, Raubex group, Aldor Africa
Education
Post Graduate Diploma - Accounting
University of Johannesburg
01.2020
Bachelor of Accounting -
University of Johannesburg
01.2017
Matric exemption - Geography and Religion studies
Providence Academy
01.2013
Skills
- Cross-functional teamwork
- Project management abilities
- Professional skepticism
- Reporting expertise
- GAAP/IFRS accounting
- Project management
- Data analytics experience
- Data analytics
- Financial statement analysis
- Internal controls evaluation
- Advanced Excel
Personal Insights
I am a highly adaptable and open-minded individual, constantly seeking opportunities to expand my knowledge and enrich my experiences. I am eager to engage with diverse teams and collaborate with individuals from various cultural and professional backgrounds. Through these interactions, I strive to broaden my understanding and gain valuable insights from different perspectives, fostering both personal and professional growth.
Certification
- SAICA Initial test of competence (ITC), First time pass
- SAICA Assessment of professional competence (APC), To be written in 2025
Personal Information
- Date of Birth: 06/18/95
- Nationality: South African
Hobbies and Interests
- Travel
- Nature
- Technology and Artificial Intelligence
Freelance/ Side Job
I successfully managed my own business, specializing in the sale of diverse products such as fragrances and apparel. Additionally, I provided advisory services to small businesses within my community, leveraging my experiences to support their growth and development.
Systems and Tools
- Ms Office
- Google applications
- SAGE
- SAP
- Draftworx
- Oracle
- Service Now
- Simple Pay
- Xero
- SARS efiling
- PowerBi
- Alteryx
Timeline
Assurance Senior Associate/ Accountant
Inyani Chartered Accountants/ Registered Auditors
07.2024 - Current
Assurance Senior Associate
PricewaterhouseCoopers Inc
03.2021 - 01.2024
- SAICA Initial test of competence (ITC), First time pass
- SAICA Assessment of professional competence (APC), To be written in 2025
Post Graduate Diploma - Accounting
University of Johannesburg
Bachelor of Accounting -
University of Johannesburg
Matric exemption - Geography and Religion studies
Providence Academy
Similar Profiles
Ankit ChawlaAnkit Chawla
Financial Assistant at KBM Chartered Certified Accountants and Registered AuditorsFinancial Assistant at KBM Chartered Certified Accountants and Registered Auditors
Rahaba Matsobane MaakeRahaba Matsobane Maake
Finance Consultants Supervisor at Chapu Chartered Accountants & Registered Auditors: Client - (National Health Laboratory Service)Finance Consultants Supervisor at Chapu Chartered Accountants & Registered Auditors: Client - (National Health Laboratory Service)
TRNDURGA MoorthyTRNDURGA Moorthy
Accounts Assistant at KBM Chartered Certified Accountants & Registered AuditorsAccounts Assistant at KBM Chartered Certified Accountants & Registered Auditors