Summary
Overview
Work History
Education
Skills
Tertiary Qualification
Name
Contact
Driving License
Personal Information
Membership
Accomplishments
Certification
Interests
Work Availability
Timeline
Generic
Siyabonga Fortune Madiba

Siyabonga Fortune Madiba

Project Manager/Internal Audit Manager
Midrand

Summary

Sound experience in the following disciplines: Supply Chain Management process, Finance process, PFMA/ Companies Act, GRAP/GAAP, Project Management, Business Process Re-engineering, Finance Function Turnaround strategy, Audit Remediation/ Support, Monitoring and, Evaluation, and IFRS. Consistent internal auditor manager, talented at establishing clear audit guidelines and defining the scope of each audit from the start to finish. Fosters open communication with colleagues and clients. Internal auditor manager highly effective at time management and interacting productively with colleagues and clients. Capable internal auditor manager with great reporting skills. Remains highly involved in the tracking and testing of implemented solutions. Reliable and focused internal auditor manager with over 17 years of experience combined, in due diligence auditing, internal auditing, external auditing and business consulting (advisory) in a corporate environment, special investigations, policy reviews and research and analysis of business advisory department. Bringing a comprehensive background in risk management, project supervision and quality assurance. Adaptable and motivated individual, specializing in internal audit, with in-depth knowledge of teammate and case ware audit and other accounting software’s e.g., Pastel Accounting, Case ware for annual financial statements etc.

Overview

22
22
years of professional experience
2002
2002
years of post-secondary education
1
1

Professional Internal Auditor

1
1
Language

Work History

Manager, Internal Audit Specialist

Entsika Consulting
03.2018 - Current
  • I was managing internal audit team members of about 10 members, who are responsible to execute internal audit plan in compliance with the Transnet Internal Audit methodology, reporting to a director, providing independent and objective assurance service supporting Transnet in executing its biggest internal audit plan in Africa for more than 6 years relevant experience in managing multi-functional teams in operational audits, more than 10 years relevant experience in local government and public sector.
  • Implemented the rolling audit (three year rolling audit coverage plans) programme within the area of responsibility to obtain the optimum level of assurance.
  • Assisted to develop and implement a combined assurance programme within the organisation.
  • Assisted to develop and implement a clean audit framework for the area of responsibility.
  • Ensured effectiveness Audit Committee’s oversight and strategic support to other committees.
  • Assisted to develop and implement an Audit Methodology / Procedural Manual as compulsory guidance to ensure consistent implementation of the audit process in line with standards.
  • Disseminated functional and operational information on the immediate, short and long term objectives and, current applications and constraints.
  • Managed the administrative and reporting requirements associated with the key performance and result indicators of the area of responsibility.
  • Built knowledge management system (continuity and business recovery process) of the financial remit of Internal Audit.
  • Skills & Competencies: Commercial and business awareness, Analytical mindset, Financial and audit techniques, Excellent Communication Skill, Interpersonal Skills, Problem-solving skills and initiative, Strong attention to detail and an investigative nature, Written Communication, Research & Analysis, Advocacy/ Negotiation, Ethics & Professionalism, Organisational Awareness, Internal Auditing, Information Management, Communication, Action & Outcome Orientation, Resilience, Change Readiness, Cognitive Ability.

Project Manager

Entsika Consulting (Pty) Ltd
11.2023 - 12.2027
  • Successfully managed multiple projects simultaneously by prioritizing tasks according to urgency, resource availability, and alignment with organizational goals.
  • Planned, designed, and scheduled phases for large projects.
  • Identified plans and resources required to meet project goals and objectives.
  • Monitored project performance to identify areas of improvement and make adjustments.

Senior Consultant / Internal Audit Supervisor

Entsika Consulting
01.2015 - 02.2018
  • In 2017 I have finished asset verification projects i.e., phase one.
  • I have been involved in Asset Verification on behalf of the department of which had a value above a billion amount of assets worth, the multimillion-rand project for all nine provinces in South Africa.
  • I was heading a province KwaZulu Natal (KZN) project as a project manager, managing 5 team members.
  • We started with the farm visits where we were verifying the immovable and movable assets as well as assessing impairment of the assets for farms which are either leased or on a caretaker lease contract to the beneficiaries.
  • My team and I have visited over 250 farms in KZN collecting information about the assets and how the farms are performing, which contributed to developing an asset register.
  • Substance Dependence Treatment Centres (SDTC) National Audit assessed the SDTCs and evaluated whether the SDTC are complying with Norms and Standards, Applicable Acts, and Legislation.
  • Reported for each SDTCs in the two provinces Mpumalanga and Limpopo and developed the provincial reports for the two provinces.
  • The department had long outstanding debt regarding rates and taxes with the municipalities all over South Africa (National), we recalculated the balance supplied by municipalities, obtained supporting documents for the rates and taxes amount, reconciled the amounts, negotiated the settlement amount on behalf of the department and lastly paid the negotiated amount.

Senior Internal Auditor

SekelaXabiso (SkX)
03.2014 - 12.2014
  • I have obtained my experience by conducting internal audit from planning- prepared system descriptions and flow charts, confirmed the system description through walkthroughs, executed procedures from audit programme in working papers and reported findings/issues raised during planning and fieldwork by a way of preparing a report, reviewed working papers of junior staff, arranged meeting with client, director in charged and team members.
  • I was involved in turnaround strategy project, where we’ve helped the Department of Public Works (DPW) to achieve a clean audit/non-qualification opinion on their annual financial statement.
  • I have helped with reviewing financial information used to prepare annual financial statement as well as the disclosure information.
  • I have facilitated in a delivery of financial information on time to the Auditor General South Africa (AGSA) when requested, reviewed audit responses from line managers and recommended ideal responses which reduced number of audit findings for the department.
  • Assisted DPW by identifying irregular expenditure, fruitless expenditure, and disclosure thereafter.

Internal Auditor

Sekela Consulting
01.2009 - 08.2012
  • I have conducted the agreed upon procedures, prepared system descriptions and flow charts, confirmed the system description through walkthroughs, executed procedures from audit programme in working papers and reported findings/issues raised during planning and fieldwork by a way of an internal report.
  • I have assisted Golden Leopards Resort in setting up a formalised risk assessment process, conducted risk assessment workshops for different departments within business unit, documented objectives aligned to the organisation mission, organizational values and also documented risks all on the risk register, rated in terms of likelihood and impact from inherent and residual risks.
  • We have documented controls put in place by management which reduced risks to an accepted level and reported the risk assessment process to the board.

Cost Accountant

Simama Chartered Accountants (SA)
01.2006 - 12.2008
  • Analyzed and monitored manufacturing costs, including material, labour, and overhead.
  • Developed and maintained accurate cost accounting records, including standard costing and variance analysis.
  • Managed financial accounting tasks, including assisting with month-end and year-end financial reporting.
  • Overseed stock management and inventory controls, ensuring accurate stock records and reporting.
  • Prepared regular financial reports to provide insights into cost performance, stock management, and profitability.
  • Assisted in the preparation of budgets and forecasts, focusing on cost control and efficiency improvements.
  • Investigated cost variances, stock discrepancies, and recommended corrective actions to management.
  • Collaborated with production, procurement, and finance teams to optimize cost and stock structures.
  • Supported month-end and year-end closing processes related to both cost and financial accounting.
  • Ensured compliance with company policies, procedures, and applicable accounting standards.

Accounting Clerk

YD Maharaj & Co
08.2005 - 12.2005
  • Processed accounting Books up to trial balance using pastel system software.
  • Preparing bank, debtors, creditors, general ledger, and VAT reconciliations using Microsoft Excel & Pastel system software.
  • Processed Cash Book using Microsoft Excel & Pastel system software.
  • Captured invoices & receipts on Microsoft Excel for Vat 201.
  • Filed statutory returns e.g., VAT 201, PAYE, UIF, tax returns.
  • Maintained fixed asset registers.
  • Drafted balance sheet, income statements & cash flow using Case ware system software.

Education

Metric/Grade 12 Certificate - Commerce

Velabehleka High School

National Diploma - Cost and Management Accounting

Durban University of Technology (DUT)

Certificate in Pastel Accounting - undefined

ML Sultan Technikon

Certificate in Professional Internal Auditor (PIA) / General Internal Auditor (GIA) - Internal Auditing

Institute of Internal Auditors South Africa (IIA SA)

Certificate in Internal Audit Technician (IAT) - Internal Auditing

Institute of Internal Auditors South Africa (IIA SA)

Certified Internal Auditor (CIA) - Internal audit certificate

02.2021 - 01.2024

Skills

Computer Literacy

Tertiary Qualification

  • Certified Internal Auditor (CIA), Internal audit certificate, obtained CIA part 1, 02/26/21
  • Certificate in Professional Internal Auditor (PIA) / General Internal Auditor (GIA), 2014, Institute of Internal Auditors South Africa (IIA SA)
  • Certificate in Internal Audit Technician (IAT), 2013, Institute of Internal Auditors South Africa (IIA SA)
  • National Diploma: Cost and Management Accounting, 2003, Durban University of Technology (DUT)
  • Certificate in Pastel Accounting, 2002, ML Sultan Technikon

Name

Siyabonga, Madiba

Contact

mhambeligroup@gmail.com, smadiba@hotmail.co.za, smadiba@entsika.co.za, (079) 525-9087

Driving License

Code 10 / C1

Personal Information

  • ID Number: 800904 5614 081
  • Ethnicity: Black
  • Date of Birth: 09/04/80
  • Gender: Male
  • Nationality: South African
  • Marital Status: Single

Membership

Member of Institute of Internal Auditors (IIA)

Accomplishments

    Project Manager

Certification

Professional Internal Auditor (IIA)

Interests

Finance/Cost Management/Internal Audit

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse

Timeline

Project Manager

Entsika Consulting (Pty) Ltd
11.2023 - 12.2027

Certified Internal Auditor (CIA) - Internal audit certificate

02.2021 - 01.2024

Manager, Internal Audit Specialist

Entsika Consulting
03.2018 - Current

Senior Consultant / Internal Audit Supervisor

Entsika Consulting
01.2015 - 02.2018

Senior Internal Auditor

SekelaXabiso (SkX)
03.2014 - 12.2014

Professional Internal Auditor (IIA)

01-2014

Internal Auditor

Sekela Consulting
01.2009 - 08.2012

Cost Accountant

Simama Chartered Accountants (SA)
01.2006 - 12.2008

Accounting Clerk

YD Maharaj & Co
08.2005 - 12.2005

National Diploma - Cost and Management Accounting

Durban University of Technology (DUT)

Certificate in Pastel Accounting - undefined

ML Sultan Technikon

Certificate in Professional Internal Auditor (PIA) / General Internal Auditor (GIA) - Internal Auditing

Institute of Internal Auditors South Africa (IIA SA)

Certificate in Internal Audit Technician (IAT) - Internal Auditing

Institute of Internal Auditors South Africa (IIA SA)

Metric/Grade 12 Certificate - Commerce

Velabehleka High School

Similar Profiles

CREATE PROFILE
Siyabonga Fortune MadibaProject Manager/Internal Audit Manager