Sandile Zulu
Internal Auditor
Sunnyside
Summary
Accomplished Internal Auditor offering more than 5 years preparing internal audit documentation and reports. Knowledgeable in GAAP and operations auditing.
Experienced with conducting comprehensive internal audits to ensure regulatory compliance and operational efficiency. Utilizes advanced analytical skills to identify system weaknesses and implement corrective actions. Track record of enhancing internal controls and contributing to financial integrity.
Diligent Auditor with solid background in internal auditing. Demonstrated ability to identify and mitigate risks through thorough assessments and process improvements. Proven skills in financial analysis and regulatory compliance.
Results-driven auditing professional with extensive experience in evaluating internal controls and risk management. Known for strong analytical skills and attention to detail, ensuring compliance with industry standards. Collaborative team member with focus on achieving organizational goals and adapting to dynamic environments.
Overview
6
6
years of professional experience
Work History
Internal Auditor
Samba Solutions Inc.
02.2023 - Current
- Establish audit objectives and identify suitable criteria for the assessment of management performance in the areas of government activities to be audited;
- Gather the evidence necessary to assess the performance of management against those criteria;
- Conclude against established audit objectives;
- Make recommendations to management, when appropriate, to deal with significant variances between a criterion (or criteria) and performance; and
- Follow up on the recommendations.
- Review risk registers and develop the Three-Year Internal Audit
- Manage the internal audit activity by providing strategic direction and leadership
- Develop and implement the internal audit business plan
- Develop and implement a three-year risk based internal audit plan
- Coordinate with other internal and external service providers of assurance and consulting services to ensure proper coverage to minimize duplication of effort
- Client name: Department of Higher Education and Training (DHET)
- Summary of projects concluded:
- 1. Review of SCM Processes
- 2. CET Performance Information Review
- 3. CIEG Transfer Payments
- 4. TVET Infrastructure Review
- Client name: Polokwane Local Municipality
- Summary of projects concluded:
- 1. Review of expenditure management
- 2. Review of Cost Containment (overtime & inventory)
- Client name: Klerksdorp Local Municipality
- Summary of projects concluded:
- 1. Revenue Review
- 2. Review of SCM Processes
- 3. Review of Klerksdorp Fresh Produce Market
Internal Audit Assistant
UNISA
02.2020 - 01.2023
- Planning
- Review applicable policies, procedures and standards.
- Compile detailed audit programmes for activities to be carried out.
- Obtain minutes of meetings held.
- Prepare the System Description and Audit Objectives, Risks, Controls and Audit Procedures (ORCA) document.
- Execution/Fieldwork
- Perform checks, reconciliations, comparisons and verifications of transactions and other matters in line with audit procedures.
- Prepare working papers, document findings and observations and review all project working papers on Teammate.
- Ensure that audit work performed receives positive satisfaction ratings from clients.
- Determine the sampling methodology to be used for the audit programme and sample sizes.
- Review the work of other audit assistants in terms of the peer review process including reviewing of their working papers.
- Analyse and evaluate relevant and reliable documentation and audit evidence
- Assist in conducting standard and governance audits including ad hoc and special projects.
- Reporting
- Make recommendations to address unsatisfactory conditions.
- Prepare Audit finding sheets, discuss exceptions raised and obtain comments from management.
- Prepare the draft and final report in relation to results of performed procedures in accordance with all policies and Standard Operating Procedures (SOPs).
- Conduct entry and exit meetings during audits.
- Discuss more complex exceptions with the Auditee, involving system and legislative issues, and documentation of exceptions.
- Complete wrap-up steps
- Follow-Up
- Follow up on reported findings and evaluate the completeness of the client’s corrective action plans
- Summary of projects concluded:
- 1. Review of Study Material Dispatch Processes
- 2. Review of Supply Chain Management (SCM) processes (UNISA)
- 3. Post Implementation Review (PIR) of the Qualification Mapping Tool project
- 4. Review of the Scorecard for ICT APP and DoP Project Deliverables
- 5. Review of the 2021 Annual Report compilation against the Department of Higher Education and Training’s (DHET) Regulations
- 6. Review of the King IV disclosure requirements as part of the Integrated Reporting process
- 7. Review of 2022 Annual Declaration of Interest
- 8. Follow-up Review of Consulting Engagement on UNISA Governance Plan, Processes and Practices
- 9. Review of student fees received in advance
- 10. Application Controls review of the XMO System
- 11. Review of the IPMS Project Implementation
- 12. Review of the proposed surplus sharing by the qualifying Centres for the 2020 financial year
Education
Postgraduate Diploma - Internal Auditing
UNISA
01.2024
Bachelor of Accounting Science - Financial Accounting
UNISA
01.2021
National Higher Certificate - Accounting
UNISA
01.2015
Grade 12 - undefined
S’khonjwa Secondary School
01.2008
Skills
- Knowledge of drafting risk based audit program
- System flowcharting
- Knowledge of RACM
- Corporate governance (company secretary, legal, internal audit, and risk management)
- Microsoft Office Skills (Excel, Word, PowerPoint & Outlook)
- Teammate
- Oracle System Software and Student System
- Risk Assessment
- IIA Standards, King IV Code of Corporate Governance and Code of Ethics
- Public Finance Management Act (PFMA), National Treasury Regulations and Municipal Finance Management Act (MFMA)
- Root Cause Analysis
- Build relationships with colleagues in other departments
- Daily liaison with clients
- Effectively engage with clients throughout the audit process
- Business writing (conveys written information and business reports in a detailed and effective manner to individuals or groups to ensure that they understand the massage)
- Adhere to budgetary requirements per audit assignment and complete weekly timesheets
Internal controls
Audit planning
Regulations and compliance
Policy compliance
Daily reporting
Audit support
Report writing
Critical thinking and analysis
Report preparation
Cash flow analysis
Professionalism
Reliability
Effective communication
Teamwork and collaboration
Control recommendations
References
- Lindiwe Pearl, Nkosi, Managing Director, lindiwe@sambasolution.co.za, 083 488 9912, Samba Solutions Inc, CA (SA)
- MM, Mashamaite, Director: Internal Audit Department, mashamm3@unisa.ac.za, 084 505 4791, UNISA, CA (SA)
- SV, Mathete, Senior Internal Auditor, Mathevs@unisa.ac.za, 076 904 5900, UNISA
- MG, Mathabathe, Senior Information Systems Auditor, mathamg@unisa.ac.za, 083 473 4721, UNISA
Affiliations
- Professional Membership IIA(SA)
- Membership number 68760147
- Industry Lines Public Sector- PFMA & MFMA Financial Sector Commercial Sector Tertiary Education Institutions
- Types of audit Internal audit Performance Management Preparation of Financial Statements General business consulting Financial Management Corporate governance Risk review wasteful expenditure
Trainings
- UNISA Teammate+ training 2021
- Extribyte WSE Pty Ltd Advanced project management 2021
- Frontfoot Consulting Communication and presentation skills 2021
- IIA Conducting Audit from Cradle to Grave 2021
- Intuition College IT Skills 2012
- Liberty Life Managing Finance 2009
Timeline
Internal Auditor
Samba Solutions Inc.
02.2023 - Current
Internal Audit Assistant
UNISA
02.2020 - 01.2023
Bachelor of Accounting Science - Financial Accounting
UNISA
National Higher Certificate - Accounting
UNISA
Grade 12 - undefined
S’khonjwa Secondary School
Postgraduate Diploma - Internal Auditing
UNISA