Nomvuyo Mbele
Audit Manager
Johannesburg
Summary
Accomplished Audit Manager with a proven track record at Deloitte, enhancing audit efficiency and client relations through expert audit management and interpersonal skills. Excelled in client relationship management and compliance reporting, demonstrating a results-driven approach and commitment to excellence. Hardworking Audit Manager with years of 2 experience. Results-driven with specialized knowledge of IFRS reporting. Dynamic team player with history of managing teams of up to 8 auditor staff. Experienced auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities.
Overview
7
7
years of professional experience
Work History
Audit Manager
Deloitte
01.2023 - Current
- Improved client relations by maintaining open lines of communication and addressing concerns promptly.
- Managed team of auditor staff, ensuring accurate and timely completion of audit projects.
- Provided valuable insights to senior management on potential business risks identified during audits.
- Consistently met deadlines for audit reports, helping maintain company reputation for reliability and professionalism.
- Mentored junior auditors, aiding in their professional development and fostering a positive work environment.
- Maintained up-to-date knowledge on accounting standards and best practices to ensure high-quality audit results were delivered consistently.
- Reduced financial discrepancies through thorough analysis of company financial statements and records.
- Developed comprehensive audit plans outlining scope, goals, timelines, and resource requirements for each project.
- Ensured compliance with industry regulations by conducting regular reviews of company policies and procedures.
- Enhanced audit efficiency by streamlining processes and implementing new auditing software.
- Participated in billing and collections operations to facilitate client payment of overdue invoices.
- Strengthened stakeholder relationships by presenting clear findings from completed audits along with suggested improvements.
- Played key role in audit committee, providing insights and recommendations on external audit plan and audit progress and identifying any key areas of focus and significant risks as well as any findings identified in the audit.
- Developed and maintained productive relationships with clients to facilitate smooth audit processes and ensure compliance.
- Spearheaded initiatives to stay ahead of regulatory changes, ensuring organization remained compliant with new standards.
- Managed a portfolio of clients in the financial services industry such as Insurance, Medical Schemes, Investment Managers, Asset Managers and Private Equity.
- Experience with IFRS 17 – Change from IFRS 4 to IFRS 17 in Medical Schemes and Insurance Entities.
Gap - Maternity Leave
None
05.2022 - 12.2022
- Extended maternity leave for 8 months.
Senior Auditor - Consultant
Makos SA (Pty) Ltd
11.2021 - 04.2022
- During this period, took 3 months maternity leave.
- Prepared daily reports and analysed date for management using Microsoft Office.
Financial Accountant - Consultant
CBRE
06.2021 - 10.2021
- Assisting the Finance Controller with the monthly financial accounting requirements for subsidiaries within the group that are based in Africa (North, Southern and Western) and the Middle East (Oman and Bahrain).
- Worked in a team of 8 with finance and operations professionals, with day-to-day responsibility for contracting, order processing, forecasting, budgeting, reporting and analysis.
- Performed ad hoc projects – Support on any required ad-hoc requests – leading and facilitating the external audit process for two subsidiaries withing the group.
- Improved cash flow management with timely invoicing and efficient collections practices.
- Take ownership of ensuring a stable and well controlled banking and treasury environment is kept in place in order to ensure supplier payments and statutory payments as well as accurate reporting of transactions.
- Review the work of, and support junior staff members to ensure that all daily / weekly / monthly capturing is approved and that transactions are accurate, and payments are made accurately (also reviewing PAYE, SDL and UIF calculations).
- Established budgetary benchmarks and formulated financial management strategies by researching operating and historical financial records.
- Identified and investigated variances to optimize financial plans and forecasts.
- Managed accounting-team data using SAP, entering, and organizing payroll, adjustments and monthly accrual information. • Analyzed budgets, financial reports, and projections for accurate reporting of financial standing.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Updated and reviewed financial reporting packs for accurate financial reporting purposes in preparing for external audit.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
- Reviewed documents and data to give accurate presentations and forecasts to upper management.
- Managed tax compliance tasks, filing accurate returns on time to avoid penalties or interest charges.
- Assessed data and information to verify entry, calculation, and billing code accuracy.
- Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.
- Input financial data and produced reports using SA.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
Senior Auditor - Consultant
SAPRO LLC
01.2021 - 05.2021
- Managed multiple concurrent audits, effectively prioritizing tasks to meet deadlines without compromising quality.
- Mentored junior auditors, contributing to their professional development and enhancing team performance.
- Completed audit papers by thoroughly documenting audit tests and findings.
- Ensuring compliance with both internal and external regulatory requirements, such as US GAAP & GAAS.
- Assisted with project management of the engagement by leading regular meetings with audit clients to discuss audit outstanding requests and issues identified on testing and reporting to management on material weaknesses of internal control.
- Reconciliation of budget to planner (time spent on audit), allocation of audit sections to team.
- Created plans and communicated deadlines to complete projects on time.
Audit Trainee
BDO
01.2018 - 12.2020
- 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.
- Contributed to a positive work environment by fostering teamwork among colleagues while diligently completing individual tasks assigned by supervisors.
- Gained valuable experience in various industries by working on diverse client engagements.
- Leveraged technology tools such as Excel spreadsheets, data analysis software, and audit-specific applications to enhance audit effectiveness.
- Performed detailed testing of account balances, transactions, and disclosures to ensure accuracy and completeness of financial records.
- Facilitated the resolution of complex accounting issues encountered during audits through effective collaboration with clients'' personnel and senior audit team members.
- Reviewed client documentation, including invoices, bank statements, and contracts, to verify accuracy and identify discrepancies.
- Enhanced client satisfaction by consistently delivering high-quality audit services and addressing their concerns promptly during the audit process.
- Demonstrated adaptability by quickly learning new industries'' specific requirements during diverse client engagements across various sectors.
- Maintained up-to-date knowledge of accounting standards and regulations through continuous professional development activities.
- Improved communication skills by presenting audit findings to management.
- Ensuring compliance with both internal and external regulatory requirements, such as Companies Act, IFRS, and Income Tax Act.
- Responsible for the audit of the critical audit objectives including all creditors, revenue (IFRS 15), receivables, deferred revenue and going concern.
- Reporting Standards experience: IFRS and IFRS for SMEʼs.
- Reviewing Annual Financial Statements and evaluating consolidation of group companies.
- Performed project management tasks such as allocating work to junior members of the audit team, leading client and auditor progress meeting and recording of hours to audit budgets to assist audit managers in WIP management and documenting of audit overruns.
- Experience with IFRS 16, IFRS 15, IAS 19, IAS 36, IAS 16, IAS 20, IAS 12, IFRS 3, IFRS 9, IAS 2, Section 20 Leases (IFRS for SME's).
Education
Postgraduate Diploma in Accounting Sciences -
University of South Africa
Johannesburg, South Africa 04.2001 -
Bridging To CTA - Accounting -
University of Johannesburg
Johannesburg, South Africa 04.2001 -
BCom - Accounting -
University of Johannesburg
04.2001 -
Matric -
Senior Certificate
Johannesburg, South Africa 04.2001 -
Skills
Performance Improvement
Financial statement review
Regulatory Compliance
Client Relationship Management
Report Preparation
Investment Auditing
Root Cause Analysis
Interpersonal Skills
Budget Preparation
International Accounting Standards
Microsoft Office
Written Communication
Debt management
Additional Information
SAICA Board Exams APC (2020) ( first attempt) and ITC (2019).
Timeline
Audit Manager
Deloitte
01.2023 - Current
Gap - Maternity Leave
None
05.2022 - 12.2022
Senior Auditor - Consultant
Makos SA (Pty) Ltd
11.2021 - 04.2022
Financial Accountant - Consultant
CBRE
06.2021 - 10.2021
Senior Auditor - Consultant
SAPRO LLC
01.2021 - 05.2021
Audit Trainee
BDO
01.2018 - 12.2020
Postgraduate Diploma in Accounting Sciences -
University of South Africa
04.2001 -
Bridging To CTA - Accounting -
University of Johannesburg
04.2001 -
BCom - Accounting -
University of Johannesburg
04.2001 -
Matric -
Senior Certificate
04.2001 -