Siyabonga Madonsela

Joha,midrand

Summary

A finance professional with expertise in IFRS 9, specialising in the classification, measurement, and impairment of financial instruments. Demonstrates proficiency in ECL model evaluation, including PD, LGD, EAD, staging, and forward-looking assumptions. Experienced in audit procedures such as substantive testing, walkthroughs, control testing, and sampling techniques. Skilled in financial statement analysis with the ability to interpret complex disclosures. Competent in Excel for data validation and pivot tables to support data-driven decision-making.

Overview

years of professional experience

Certification

Work history

External Audit Trainee

Kpmg

Parktown , Gauteng

01.2023 - 12.2025

Assisted in auditing tasks, improved financial accuracy.
Ensured timely completion of tasks, facilitated operational efficiency .
Collaborated with senior auditors to gain industry knowledge.
Reviewed company's accounting system and recommended improvements as necessary.
Assisted in the audit of financial institutions with a focus on evaluating Expected Credit Loss (ECL) models in accordance with IFRS 9.
Reviewed clients’ staging of financial assets (Stage 1, 2, and 3) and assessed the appropriateness of forward-looking information and macroeconomic overlays
Collaborated with audit teams and client risk departments to identify and resolve discrepancies or weaknesses in ECL estimation processes.

Education

Post graduate diploma in accounting science - Business and Economics

University of Johannesburg

South africa

04.2001 -

B.com in accounting science - Accountancy

University of Venda