Summary
Overview
Work History
Education
Skills
Languages
Custom Section
Personal Information
References
Timeline
Generic

Phathutshedzo Muntswu

Pretoria

Summary

I am a finance professional with over 6 years’ experience in the assurance sphere. The experience is from internal and external audits assignments. I have more than 3 years’ experience in training, developing, mentoring, coaching, and training supervising junior staff members in an audit environment. I have lead audits assignment with 7 trainees and reporting directly to the manager. I have also worked in internal audit at Chapu Chartered Accountant where I had to transfer skills to internal audit division. I recommend procedures that they can use in future period and how to conduct their internal audit. I have also work at MTN (SA) where I have performed audits in arears of risks identified. Provide recommendation on mitigating the risks and weakness identified.

Overview

10
10
years of professional experience

Work History

Specialist - Risk Audit and Finance Controls

MTN
06.2023 - Current
  • Preparation and completing risk registers
  • Perform audits on areas of risks identified
  • Confirm that the company is compliant with all the relevant laws and regulations
  • Assess the internal financial controls, recommend solutions where deficits are identified
  • Prepare internal process and update process for changes in legislation, policies, and structure
  • Evaluate the annual financial statement and ensure compliance with IFRS
  • Coordinate internal and external audit process
  • (Ensure the correct information is submitted for audit and no material finding are raised during the audit process)

Consultant : Internal audit/External Audit

Chapu Chartered Accountant and Registered Auditors
06.2022 - 10.2022
  • Participate on the development of policies, procedures, checklists, models, frameworks, and templates for the internal divisions
  • Perform annual financial Statements reviews for clients
  • Inspect if the transactions per statement of comprehensive income and Statement of Financial Position is complying with the accounting requirements in IFRS
  • Influence the internal audit division to comply with the IIA requirements by creating procedures that comply with IIA standards
  • Compile the communication of findings where they are errors identified
  • This is done prior the audit and will result in Annual Financial Statement that are correct and complete
  • Prepare recommendations on the communication on the audit findings
  • Provide audit conclusions on each finding based on the management's response and additional supporting information provided
  • Prepare internal audit progress reports based on the communication of findings identified
  • Prepare the internal audit report to ensure that the compliance, internal control processes and status is included in the report
  • Communicate the status of internal audit report to client’s management, internal audit division, audit committee and management

Specialist - Risk Audit and Finance Controls

Auditor-General South Africa (AGSA)
02.2019 - 05.2022
  • Clients: Fiber Manufacturing SETA, Land Holding Account, Unemployment Insurance Fund, Deeds Office Pretoria, Brahmans Hills-Garden hotels & Cottage, Turn & Tender hotels, Shepstone gardens Weddings and Express Employment Professional SA (Pty) Ltd
  • Planning and organizing the audit process through drafting of the audit plan and strategy before commencing the audit
  • Perform and prepare project management for audit projects
  • Define the scope and objectives of audit assignments, set up audit procedures and timelines when the team is expected to complete the audit
  • Understand the theoretical developments in the field of internal auditing and ensure that it is applied by clients
  • Perform and participate in complex audit assignments and conduct research on the clients before the audit engagement
  • Performed real audits for UIF TERS to identify if the Covid payments are being used to assist employees during lock down period
  • The calculation and nature of the audit was complex and prepared me to handle audit of this nature
  • Further prepare reports after the UIF TERS audit engagement
  • Perform audit programmes/procedures through performing operating, information technology, infrastructure audits
  • Assess the results of audit tests and confirm that the supporting evidence is sufficient/reliable to support the conclusion of the findings
  • Perform understanding of the entity business process and system to gain understanding of the industry, business, and organizational aspects on the various clients
  • Perform walk throughs to assess how transactions are recorded, processed, presented, and disclosed in the Annual Financial Statements
  • Inspect the risk management principles, tools, methodologies, frameworks, policies, and processes to ensure that they meet the standards set in the
  • Using CAATs exceptions to audit supply chain
  • This information is used to identify if the service providers are valid based on comparison to home affairs/ Central Supplier Database/CIPC registrations
  • Performing Data Analytics on the transactions of the entity to ensure that the transactions are valid on various components revenue, payroll, and payments
  • Performing auditing in a manufacturing environment
  • Devise procedures specifically to assess the manufacturing environment

Audit trainee (SAICA articles)

Auditor-General South Africa (AGSA)
02.2016 - 01.2019

Education

Post graduate Diploma - Accounting

UNISA
01.2017

B com - Accounting Science

University of Pretoria
01.2015

Matric -

Thohoyandou Secondary
01.2008

Skills

  • Annual Financial Statements
  • External Audits
  • Internal Audits
  • Financial Management Analysis
  • Interpretation of Ratios & Financial Indicators
  • Financial Statement Reviews
  • Team Leadership & Support
  • Budget Management
  • Investigating Variances
  • Analytical and Conceptual Thinking
  • Professional judgement and sound decision making
  • Attending and participating in learning development and workshops
  • Stakeholder Engagement

Languages

Tshivenda

Custom Section

  • Acc-pack
  • Sage
  • Mx Dynamics 360
  • Case Ware
  • Teammate

Personal Information

  • Gender: Female
  • Nationality: South African
  • Driving Licence: C1 (Code 10)
  • Marital status: Single

References

  • Mr. Ramaofisi Asataluli, Audit Manager (Auditor General South Africa), AsaR@agsa.co.za, 0837080153
  • Mr. Lufuno Maliavusa, Audit Manager (Auditor General South Africa), LufunoMal@agsa.co.za, 0719469106
  • Mr. Felix Manganyi, Consultant (Chapu Chartered Accountant), felixM@Chapu.co.za, 0834319064
  • Mr. Tshililo Ramathuba, Senior Manager (MTN), tshililo.ramathuba@mtn.com, 0834331442

Timeline

Specialist - Risk Audit and Finance Controls

MTN
06.2023 - Current

Consultant : Internal audit/External Audit

Chapu Chartered Accountant and Registered Auditors
06.2022 - 10.2022

Specialist - Risk Audit and Finance Controls

Auditor-General South Africa (AGSA)
02.2019 - 05.2022

Audit trainee (SAICA articles)

Auditor-General South Africa (AGSA)
02.2016 - 01.2019

Post graduate Diploma - Accounting

UNISA

B com - Accounting Science

University of Pretoria

Matric -

Thohoyandou Secondary

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Phathutshedzo Muntswu