Matlhogonolo Memory Maselwanyane
Financial & Compliance Audit And Investigation
Bergtuin,GP
Summary
I am an output driven CA(SA) and FP(SA) that pays attention to detail; with over 10 years experience in accounting, financial audit & compliance audit and fraud risk assessment in the public sector. I have strong analytical skills and I conduct my work with a high level of professionalism and ethical conduct. I am currently interested to pursue date analytics to generate more efficient insights.
Overview
15
15
years of professional experience
4032
4032
years of post-secondary education
2
2
Certifications
Work History
Manager: Investigation - Contract review (SCM) & Fraud Risk assessment
Auditor General South Africa (AGSA)
04.2023 - Current
- Perform fraud risk assessment at Public Entities, Departments and Municipalities.
- Provided on-site support to regulatory audit teams in complex high risk audits, focus on providing on-site support relating to risk of fraud considerations per International Standards on Auditing 240 and International Standards of Supreme Audit Institutions 1240.
- Ensuring all deliverables are met by utilising project management tools.
- Assessing allegations from complainants for further investigations.
- Gather information for interviews with auditees to identify fraud risks.
- Conduct interviews with public officials to identify the risk of fraud.
- Source and interrogate high volumes of data within a short period of time to identify the risk of fraud.
- Identify fraud risk factors, compile fraud risk register and draft procedures to mitigate identified fraud risks.
- Contribute to fraud awareness training initiatives of the IBU.
- Maintain the fraud risk database.
- Mentor, coach and support the Interns.
- Total work experience: 11 years
Assistant Manager: Investigation - Contract review (SCM) & Fraud Risk assessment
Auditor General South Africa (AGSA)
10.2019 - 03.2023
- Consistently provided high-quality products and services to our stakeholders in line with relevant quality standards.
- Provided on-site support to regulatory audit teams in complex high risk audits, focus on providing on-site support relating to risk of fraud considerations per International Standards on Auditing 240 and International Standards of Supreme Audit Institutions 1240.
- Assisted the regulatory auditors by reviewing high-risk procurement contracts against the requirements of the Public Finance Management Act, Municipal Finance Management Act Supply Chain, National Treasury Regulations and Municipal Management Regulations.
- Delivering value adding audits in terms of International Standards on Auditing(ISA), International Standards of Supreme Audit Institutions(ISSAI), Generally Recognised Accounting Practice(GRAP), International Financial Reporting Standards(IFRS), Modified Cash Standards(MCS), Public Finance Management Act(PFMA), Municipal Finance Management Act(MFMA), National Treasury Regulations, Municipal Supply Chain Management Regulations, Municipal Systems Act(MSA) and Municipal Structures Act(MSA).
- Ensuring all deliverables are met by utilising project management tools.
- Assessing allegations from complainants for further investigations.
- Assisting on information gathering interviews with auditees.
- Source and interrogate high volumes of data within a short period of time.
- Identify fraud risk factors, compile fraud risk register and draft procedures to mitigate identified fraud risks.
- Contribute to fraud awareness training initiatives of the IBU.
- Assisted in the development and maintenance of a fraud risk database.
- Provide guidance and support to the Interns.
Finance Manager
National Institute for the Humanities & Social Sciences (NIHSS)
03.2017 - 02.2019
- In charge of internal & external auditing (reporting audit findings to management and ensures that auditors recommendations are implemented timeously)
- Review of the Annual Financial Statements
- Review/Preparation & Analyse the monthly management accounts
- Preparation of finance board packs for presentation to board and board committees
- Facilitated the annual risk management process of NIHSS with internal audit.
- Identify finance, payroll and SCM risk to be included in the risk register of the entity.
- Monitor the implementation of the mitigating factor for finance related risk and update the risk register on a quarterly basis.
- Respond to finance risks identified by Auditors & the Board.
- Review of payments for accuracy and policy compliance
- Reviews/develops finance policies
- Reviews/Develops standard operating procedures for finance
- Manages NIHSS current accounts & investment accounts to ensure we have sufficient cash for the operational activities and projects at all times.
- Manages monthly Payroll
- Ensures that payments to third parties are made on time (SARS & Provident Fund)
- Ensures that funding is received on time from our Funders: Department of Higher Education (DHET) and National Skills Fund (NSF)
- Monitor the NSF budget for different projects (Scholarships, Brics Projects, Other Research projects)
- Ensures that funds are disbursed to projects as required
- Ensures that there are valid funding agreements before funds are disbursed; and that the disbursement of funds is in line with the funding agreements.
- Reports in detail to NSF on a quarterly basis (approved budget, funds received to date, funds spent, funds committed, funds required for the next quarter)
- Review/prepares the DHET quarterly report.
- Manage Staff: Senior finance Officer, finance officer, Grants officer, SCM officer and Finance administrator.
- Manages Finance stakeholders: DHET, NSF, SAGE, NIHSS employees, Suppliers, Banks.
- Reports to the CFO and performs other finance Adhoc duties delegated by the CFO.
- Member of the Bid Evaluation Committee (BEC)
- Member of the Information Communication Technology Committee (ICT)
Assistant Audit Manager
Auditor General SA (Head Office Pretoria)
11.2014 - 02.2017
- Reporting on audit findings.
- Preparing and managing audit budget.
- Audit of Financial Statements, Performance Information and Compliance with laws and regulations.
- Updating manager & senior manager on progress of the audit.
- Attend & lead steering committee meetings.
- Providing input where audit manager requires input such as planning audits under his/her control, budget and other organizational reporting needs.
- Maintain client relationship.
- Supervise trainees.
- Assist with Financial accounting related issues.
- Draft the management report & audit report.
- Ensures that samples for regions being visited in a particular financial year are sent in time for efficiency.
- Ensures travelling arrangements are done in time for regional visits.
Trainee auditor
Auditor General SA (Head Office Pretoria)
01.2012 - 10.2015
- Identify risk of material misstatement and complete risk register.
- Understanding the business processes and relevant controls.
- Understanding of overall performance management processes and relevant controls.
- Complete all planning working papers as required by due date.
- Conduct preliminary investigation on complex audits.
- Assessment of clients’ internal audit reports for the purpose of placing reliance on their work.
- Assessment of clients’ experts reports for the purpose of placing reliance on their work.
- Conduct tests for compliance with statutory provision.
- Conduct substantive test of details for class of transaction, account balance and disclosures in the Annual Financial Statement.
- Conduct tests of details of Performance Information in the Annual Performance Plan to the Annual Report.
- Determine if an audit sample is necessary/appropriate.
- If a sample is required: Select a sample size according to acceptable sample practice.
- Execute the audit steps on all sample items gathering necessary audit evidence.
- Complete work papers (including cross-referencing).
- Draw conclusions.
- Discuss communication of audit finding with management of the auditee through meeting.
- Document audit findings in the required format.
- Confirm audit findings with auditee and agree on the impact. Rate the level of risk on the audit finding and identify the impact on organisational goals.
- Drafting management report & audit report.
Intern: Finance
Statistic South Africa (Stats SA)
01.2011 - 12.2011
- Reviewed S&T document submitted by staff for validity, accuracy and completeness
- Captured S&T and supplementary payments on PersaL
- Compiled journals, payment & receipts to be captured on BAS
- Captured payments & Receipts on BAS
- Captured journals on BAS
- Added approved suppliers on BAS database for payment
- Issued inventory on logis
- Updated cashbook
- Issued and reconciled petty cash
- Issued and reconciled funds of various projects
- Assisted Assistant Director Finance to compile monthly report
- Assisted in Training accountants appointed to manage funds in regions during census
- Filled Documents
- Assisted Auditors with information.
Education
Grade 12 - English 2nd language(HG), Setswana 1st (HG), Mathematics (SG), Physical Science(SG), Accounting(SG), Business Economics (HG)
Tiger Kloof Educational Institution
Bachelor of Accounting Degree-CA stream - Financial Accounting (I, II, III), Financial Management (II, III), Auditing (II, III) & Taxation (II, III)
University of Free State
B.Com Accounting Honours - Financial Accounting (I, II, III), Financial Management (II, III), Auditing (II, III) & Taxation (II, III)
University of Free State
Post Graduate Diploma - Accounting sciences (CTA Level 2)
University of South Africa
Post graduate programme - taxation
University of Pretoria
Advanced diploma - financial markets
University of Johannesburg
Certificate: Fraud Risk,Forensic Law & Forensic IT - Commercial Forensic Investigation Programme
University of North West
Potchestroom 04.2001 - 10.2020
Skills
Computer System Skils:
Microsoft Office (Excel, Word and PowerPoint)
Teammate
People Soft (ORACLE)
Certification
Qualified CA(SA) - obtained in 2015
References
Sonwabo Mahlanyana:
Senior Manager Auditor General – Investigation Business Unit
Cell:065 859 1902
Deena Moodley:
Senior Manager Auditor General – Investigation Business Unit
Cell: 062 725 5952
Disclaimer
I Matlhogonolo Maselwanyane, hereby confirm that the information contained in my application is true and correct.
Timeline
Manager: Investigation - Contract review (SCM) & Fraud Risk assessment
Auditor General South Africa (AGSA)
04.2023 - Current
Assistant Manager: Investigation - Contract review (SCM) & Fraud Risk assessment
Auditor General South Africa (AGSA)
10.2019 - 03.2023
Finance Manager
National Institute for the Humanities & Social Sciences (NIHSS)
03.2017 - 02.2019
Assistant Audit Manager
Auditor General SA (Head Office Pretoria)
11.2014 - 02.2017
Trainee auditor
Auditor General SA (Head Office Pretoria)
01.2012 - 10.2015
Intern: Finance
Statistic South Africa (Stats SA)
01.2011 - 12.2011
Certificate: Fraud Risk,Forensic Law & Forensic IT - Commercial Forensic Investigation Programme
University of North West
04.2001 - 10.2020
B.Com Accounting Honours - Financial Accounting (I, II, III), Financial Management (II, III), Auditing (II, III) & Taxation (II, III)
University of Free State
Post Graduate Diploma - Accounting sciences (CTA Level 2)
University of South Africa
Post graduate programme - taxation
University of Pretoria
Advanced diploma - financial markets
University of Johannesburg
Grade 12 - English 2nd language(HG), Setswana 1st (HG), Mathematics (SG), Physical Science(SG), Accounting(SG), Business Economics (HG)
Tiger Kloof Educational Institution
Bachelor of Accounting Degree-CA stream - Financial Accounting (I, II, III), Financial Management (II, III), Auditing (II, III) & Taxation (II, III)
University of Free State