Ronald Mahumani
Chief Risk Officer
Ninapark
Summary
I am a Certified Risk Management Practitioner with +16 years’ experience in risk management and internal audit environment. I am an implementer, advisor, leader, strategic thinker, manager and influencer. My core competencies are risk management and Internal Auditing. I am currently seeking a managerial position in Audit or Risk and Compliance Management.
Overview
17
17
years of professional experience
3
3
Certifications
1
1
Language
Work History
Chief Risk Officer
Moretele Local Municipality
12.2019 - Current
- Develop and Implement risk management strategy, standard and procedures, policies and annual risk management plans.
- Develop risk appetite and tolerance levels in consultation with management.
- Review and implement the risk management framework.
- Facilitate annual risk assessment workshops. (Strategic, Operational, ICT, Fraud and Projects.)
- Compile risk profile and ensure that the risk register is maintained.
- Compile risk reports and presentations to oversight bodies as required.
- Drive and oversee the maintenance of risk registers in consultation with risk owners and champions.
- Propose appropriate mitigation strategies and interventions to achieve the organizational goals.
- Manage the departmental risk register and ensure mitigation strategies are implemented.
- Coordinate Anti-fraud, Corruption and ethics training and awareness workshop.
- Ensure integration of risk management into the business processes of the municipality.
- Advise management on risk management issues.
- Monitor and report on operational and strategic risk management issues in collaboration with business units.
- Render secretarial services to the risk management committee.
- Manage subordinates under area of responsibility and resources of the unit.
- Reasons for leaving: Explore new challenges in a new environment that will enable me to expand and fully utilize my knowledge and skills in risk and compliance management.
- Achievement: The municipality have been financial qualified by the Office of the Auditor General South Africa for 6 years. The Internal Audit Unit, Risk Management Unit and audit committee working together with management and other personnel contributing to the municipality to move from disclaimer to unqualified audit opinion, however, much more still must be done to improve issues raised on predetermined objectives and compliance with legislation.
Internal Auditor (Supervisor): Risk Based Audit
Moretele Local Municipality
03.2014 - 11.2019
- Assist in the development of the risk-based annual and three (3) year Rolling internal Audit Plan.
- Conduct audits as per the approved annual plans and as allocated by the Manager.
- Apply the ethical principles of integrity, objectivity, professional competence and due care, confidentiality, and professional behavior in the context of an audit.
- Develop an understanding of the audit approach, methodology and tools through planning and conducting preliminary investigations.
- Develop an understanding of the client business and the areas audited through: Researching and familiarization of applicable policies and procedures of the business, Obtaining data from other functions within the organization or externally (where necessary) while performing the audits, Interpret the policies, procedures and processes and assess compliance thereof within the organization.
- Plan and perform an audit with professional skepticism recognizing that circumstances may exist that cause potential risks.
- Execute already established audit programs within the required timeframe.
- Develop or update audit programs based on the risks identified and changes in operations.
- Document papers in line with the IIA standards to assist in: Preparing an evidence-based draft report, including conclusions drawn from the work undertaken and recommendations for improved control, Providing a detailed audit trail of the work performed.
- Formulate audit findings, make recommendations by discussing the findings of the audit fieldwork with the client and seek agreement to actions/recommendations made.
- Work independently, show initiative and sound professional judgement.
- Compile audit certificates and perform any other ad hoc projects that may be allocated by the Manager.
- Develop and maintain relationships with clients and represent the IAS in various forums as directed by the Manager.
- Assist in the supervision and development of junior staff and new staff in the department.
- Achievements: The municipality have been receiving disclaimer audit opinion from the Office of the Auditor General South Africa for 13 years since its establishment in the year 2000, Internal Audit Unit, Risk Management and audit committee working together with management and other personnel have made a contribution to the municipality to move from a disclaimer audit opinion to a qualified audit opinion for 6 years running, however much more still has to be done to improve on issues raised which still undermines the capacity of the municipality to obtain an unqualified and clean audit opinion.
- Reasons for termination: Explore new challenges in a senior position or middle management position of more responsibility that can enable me to expand professionally in internal audit or risk management.
Internal Auditor: Risk Based Audit
Department of Social Development
02.2014 - 02.2014
- Assist in planning audit projects in accordance with audit methodology
- Execute audit in accordance with the approved audit framework, plan and IIA standards.
- Raise the findings and discuss the outcome to the client.
- Develop draft internal audit finding and make necessary adjustments
- Coordinate the closing meeting with client.
- Conduct follow-up audit.
- Achievements: None
- Reasons for terminations: Explore new challenges in the local government in a position of more responsibilities which include supervising the work of the internal audit assistant.
Internal Audit Technician: Risk Based
South African Council for Educators
06.2012 - 01.2014
- Conducting preliminary assessment of risk and control analysis for the assigned project.
- Evaluation of financial, operational, and legislative risks.
- Execute the audit plans and audit program based on the risk assessment process.
- Preparation of audit findings and recommendations.
- Follow-up on management action in response to the internal audit reports.
- Evaluation of internal financial and operation control systems.
- Building and maintaining professional relationships with management in the organization via regular liaison to address concerns, audit findings, recommendations, and other pertinent matters.
- Achievements: Achieved individual audit project and timely complete annual plan in a unit of three internal auditors.
- Reasons for termination: Explore new challenges in a position of more responsibility that enables me to expand professionally in internal auditing.
Sergeant (Internal Audit): Risk Based Audit
South African Police Services: Northern Cape
08.2010 - 05.2012
- Assist audit teams in planning audit assignments.
- Assist in conducting fieldwork and collect relevant, sufficient and useful evidence to support audit findings.
- Assist in the development of audit findings and obtain root causes to prepare recommendations for improvement.
- Prepare working papers to support audit findings.
- Assist in preparing draft management reporting points for review by the assistant manager.
- Assist in presenting audit findings to client management.
- Assist in conducting follow-up audits on risk based and compliance audits in various police stations to verify whether agreed management action plans are implemented by management.
- Assist in the administration of internal audit activities.
- Achievements: Achieved team audit projects goals and timely complete annual audit plan for provincial police stations in a team of seven (7) internal auditors.
- Reasons for termination: An opportunity to start a new internal audit unit at South African Council for Educators.
Intern (Internal Auditor: Risk and Performance audit)
Department of International Relations & Cooperation
06.2009 - 07.2010
- Assist in planning audit assignments and development of audit programs.
- Assist in execution of audits as per audit program.
- Assist in reporting audit findings and make recommendations for correction.
- Prepare work paper files in accordance with the prescribed audit methodology.
- Assist in gathering adequate, competent relevant and useful evidence to support audit findings.
- Assist in preparing draft audit report for review by management.
- Assist in conducting follow-up audit to verify whether agreed action plan have been implemented and achieving desired results.
- Assist in the administration of internal audit activities.
- Achievements: Being exposed to different types of audits in the department (Risk and Performance based audits.)
- Reasons for terminations: Offered permanent employment by the South African Police Service.
Education
Postgraduate Diploma - Risk Management
University of South Africa
01-2017
Bachelor’s Degree - Internal Auditing
Tshwane University of Technology
01-2008
National Diploma - Internal Auditing
Tshwane University of Technology
01-2007
National Higher Certificate - Accountancy
Tshwane University of Technology
01-2006
Skills
Software: Skills Levels
Teammate: Intermediate
ACL: Intermediate
Excel: Intermediate
Word: Intermediate
PowerPoint: Intermediate
Access: Intermediate
Negotiation
People Management
Conflict Management
Facilitating
Interpersonal skills
Problem Solving
Analytical and Creativity
Presentation
Planning and Organizing
Communication Skills (Verbal and Written)
Computer Literacy
Report Writing
Project Management skills
Attention to Details
Knowledge of risk management
Teamwork
Holistic thinking
Stakeholders’ management
Critical reasoning
Team Player
Type: Skill level
Internal Audit: Advanced
Risk Management: Advanced
Internal Control: Advanced
Performance audit: Advanced
Governance: Advanced
Audit of pre-determined Objectives: Advanced
Certification
Institution: IRMSA
Timeline
Chief Risk Officer
Moretele Local Municipality
12.2019 - Current
Internal Auditor (Supervisor): Risk Based Audit
Moretele Local Municipality
03.2014 - 11.2019
Internal Auditor: Risk Based Audit
Department of Social Development
02.2014 - 02.2014
Internal Audit Technician: Risk Based
South African Council for Educators
06.2012 - 01.2014
Sergeant (Internal Audit): Risk Based Audit
South African Police Services: Northern Cape
08.2010 - 05.2012
Intern (Internal Auditor: Risk and Performance audit)
Department of International Relations & Cooperation
06.2009 - 07.2010
Bachelor’s Degree - Internal Auditing
Tshwane University of Technology
National Diploma - Internal Auditing
Tshwane University of Technology
National Higher Certificate - Accountancy
Tshwane University of Technology
Postgraduate Diploma - Risk Management
University of South Africa
Personal Information
- ID Number: 8501275649084
- Ethnicity: African
- Criminal Offences: None
- Gender: Male
- Nationality: South African
- Driving License: Code C1
- Marital Status: Married
- ID Number: 8501275649084
Professional Designation
IRMSA, CRM Practitioner, 2021-04-15
Professional Organization Affiliation
IRMSA, 2566994
Short Courses
- Business Continuity Management
- Conducting bow ties for risk assessment
- ACL
- Report Writing
- Public Sector Risk Management Framework
- How to effectively review your organizational risk management
- Understanding ICT Risk
- Risk Management 101
- Risk Appetite and Tolerance
Computer Skills - Software
Intermediate, Intermediate, Intermediate, Intermediate, Intermediate, Intermediate
Key Skills And Abilities
- Negotiation
- People Management
- Conflict Management
- Facilitating
- Interpersonal skills
- Problem Solving
- Analytical and Creativity
- Presentation
- Planning and Organizing
- Communication Skills (Verbal and Written)
- Computer Literacy
- Report Writing
- Project Management skills
- Attention to Details
- Knowledge of risk management
- Teamwork
- Holistic thinking
- Stakeholders’ management
- Critical reasoning
- Team Player
Areas Of Expertise
Skill level, Advanced, Advanced, Advanced, Advanced, Advanced, Advanced
General Health
Good