Silindokuhle (Silindi) Ntombela CA(SA)
Roodepoort
Summary
Chartered Accountant (CA(SA)) with extensive experience in cell-captive insurance, specializing in finance actuarial collaboration, IFRS 17 reporting, and audit engagement. Proven track record in solvency monitoring and maintaining high-integrity financial control environments. Currently pursuing CFA Level I to enhance expertise in investments and financial analysis. Committed to optimizing processes and building high-performing finance functions.
Overview
9
9
years of professional experience
Work History
IFRS 17 Specialist
Old Mutual Risk Transfer Limited
Sandton, South Africa
10.2023 - Current
- Enhanced accuracy and efficiency of group reporting
- SARS income tax computation
- Quality Assurance procedures by preforming a financial review of our cells.
- Provided support during the implementation of a new accounting reporting problem.
- Review monthly financial reports distributed to the cell owners.
- Review cell financial information to ensure that information accurately captured
- Coordinated workflow and resource allocation, improving efficiency and meeting tight deadlines.
- Resolved conflicts within the team, promoting a positive and collaborative working environment.
- Manage financial reporting for multiple OMART Life cells.
- Coordinate with actuarial teams to review valuations, and ensure alignment between actuarial and finance models.
- Prepare Group Reporting and intercompany transactions
- Prepare technical memos explaining quantitative mismatches, methodology differences, or prior‑year adjustments.
Consolidation Reporting Business Partner
Old Mutual Life Assurance Company (South Africa)
Sandton
01.2022 - 09.2023
- Provided support for IFRS 17 implementation for the segments I was in charge of
- Consolidation reporting
- Business unit support - managed 2 segments with around 60 entities ensuring that reporting deadline were met. Ensuring that quality information is provided to the Group.
- Financial Statement preparation
- Managed the resolution of intercompany mismatches for the segments I was in charge of.
- Improved processes that I was in charge of to make the process more streamlined.
Technical Consultant
Mazars
Sandton
10.2020 - 12.2021
- Was seconded to Old Mutual Limited's Group Finance Team providing them with technical accounting support.
Responsibilities include:
- Zimbabwe hyperinflation accounting
- IBOR Implementation process
- Audit Committee Document drafting
- Adhoc Accounting Technical Queries
Assistant Manager
Deloitte UK
Birmingham, United Kingdom
01.2020 - 03.2020
- Assisting trainees with audit working
- Upskilling trainees with the requirements of IFRS to enable them to do their job appropriately.
- Reviewing the work preformed by the trainees
- Liaising with the client to ensure deliverable are met as well as client satisfaction.
- Performing complex audit work
- Facilitated communication between audit teams and clients, maintaining strong relationships and fostering trust.
- Assessed internal control systems, identifying weaknesses and recommending enhancements to safeguard assets.
Audit Trainee
Deloitte
Woodmead
01.2017 - 12.2019
- Delivered presentations to audit team members on specific audit areas, sharing insights and best practices.
- Ensured advanced knowledge of company's industry by conducting extensive research and collating background information.
- Applied analytical skills to interpret financial data, aiding in the detection of anomalies or patterns indicative of issues.
- Assessed financial operations and systems to identify potential fraud or non-compliance with applicable laws.
- Liaised with client representatives to gather necessary documentation and clarify audit queries.
- Analysed financial statements and records to identify discrepancies and areas for improvement.
- Reviewed internal controls and procedures to recommend enhancements for risk management.
Education
BCom(Honours) : Chartered Accountancy
University of Johannesburg
Johannesburg, GP2016
Skills
- Financial Statements (AFS) Review & Preparation
- Problem solving skills ( Solution- orientated mentality)
- High EQ / social skills
- Self driven
- Proactive engagement
- Time management
- Empathy towards clients
- IFRS compliance and knowledge
- Hyperion Financial Management specialist
- Client relationship management
- Conflict resolution
- Tax return filing
- Teamwork and collaboration
- Intercompany Reconciliations & Consolidation considerations
- Stakeholder Engagement
- Audit Management (Internal & External)
Timeline
IFRS 17 Specialist
Old Mutual Risk Transfer Limited
10.2023 - Current
Consolidation Reporting Business Partner
Old Mutual Life Assurance Company (South Africa)
01.2022 - 09.2023
Technical Consultant
Mazars
10.2020 - 12.2021
Assistant Manager
Deloitte UK
01.2020 - 03.2020
Audit Trainee
Deloitte
01.2017 - 12.2019
BCom(Honours) : Chartered Accountancy
University of Johannesburg