Siyabonga Ngema

• Prepare and review group financial statements in compliance with IFRS, JSE listing requirements and relevant legislative requirements, ensuring transparency and accountability in reporting.
• Manage month-end reporting, consolidation, and variance analysis to provide accurate financial information for decision making.
• Oversee budgeting and forecasting processes to support effective financial planning and resource allocation.
• Ensure regulatory compliance, including tax laws and financial reporting standards.
• Lead various Group wide accounting projects related to management reporting, group policies, technical advice, statutory entity restructuring and other accounting related initiatives from the Group Financial Manager and Group Chief Financial Officer.
• Manage inter-company transactions, reconciliations and closing processes to ensure accuracy and timeliness.
• Coordinate external audits and facilitate engagements with auditors and oversight bodies to ensure compliance with regulatory standards.
• Implement and utilize financial systems (SAP, Power BI and Cognos) to enhance reporting, process automation and internal controls.

• Improved financial governance by streamlining audit procedures and implementing a risk-based approach to enhance compliance and accountability.
• Strengthened stakeholder confidence through the preparation of detailed audit and financial reports, providing actionable recommendations to improve operational and financial management.
• Managed multiple concurrent audits and financial reviews, ensuring adherence to timelines, professional standards and regulatory requirements.
• Reviewed and analyzed financial records to ensure accuracy and completeness of information.
• Reviewed complex financial data to identify irregularities or non-compliance issues.
• Executed detailed audit procedures including reviewing transactions, documents, records and methods for accuracy.
• Mentored junior auditors, providing guidance on auditing techniques and best practices.

Key Clients

• National Gambling Board
• Sci-Bono Discovery Centre NPC

• Lead audits of financial statements, ensuring full compliance with IFRS, Companies Act and other relevant regulations.
• Identified weaknesses in internal controls, process documentation and risk management practices to strengthen financial governance.
• Prepared comprehensive working papers, financial reports and supporting documentation to substantiate audit findings and recommendations.
• Conducted detailed financial assessments to evaluate organizational performance, sustainability and compliance with regulatory frameworks.
• Reviewed key financial documentation, including invoices, bank statements and contracts to ensure accuracy, completeness and adherence to financial policies.
• Performed detailed testing of account balances, transactions and disclosures to maintain accuracy and reliability of financial records.
• Collaborated with management and senior team members to resolve complex accounting and compliance matters during audits.
• Contributed to the preparation of detailed audit and financial compliance reports, outlining findings, risks and corrective actions for implementation.

Key Clients

• DRD Gold Limited
• Caledonia Mining Corporation Plc
• Bauba Resources Limited
• Ellies Holding Limited

• Developed and implemented detailed project plans, outlining scope, timelines, deliverables and key milestones to ensure effective financial and operational execution.
• Conducted in depth financial and compliance analysis on Public Private Partnerships (PPP) projects, including inception, feasibility studies and procurement phases ensuring adherence to PFMA and Treasury Regulations.
• Collaborated with key stakeholders to set clear financial and project objectives, maintaining alignment with institutional goals throughout the project life cycle.
• Negotiated contracts with service providers and vendors to secure cost-effective terms, optimising financial resources allocation.
• Monitored projects budgets and financial progress, addressing potential risks to ensure compliance and successful outcomes.
• Prepared and reviewed essential financial and planning documentation including service delivery plans, performance improvement plans and medium-term expenditure frameworks (MTEF).

• Supported the development of detailed project plans, including scope, timelines, deliverables and key milestones to ensure effective financial and operational execution.
• Maintained accurate and well organised financial and project documentation to facilitate efficient audits, compliance and future planning.