Tendayi Mashonganyika

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• Facilitated and supervised the development of robust risk-based combined and integrated assurance plans for internal control reviews for use by internal controls department, internal audit and other assurance service providers which reduced external audit findings by more than 70%.
• Executed cradle to grave audits, project reviews, business process mapping, special and ad-hoc reviews relating to financial, operational, performance, IT, commercial and supply chain functions which had a significant improvement on effectiveness and efficiency of risk, control, compliance and governance processes.
• Timely authored numerous and detailed audit reports relating to internal control reviews, fraud and corruption investigations, follow ups and other ad hoc assessments which proffered useful recommendations and action plans.
• Implemented and executed business process improvement programmes and automation in PFMA, IT, finance, supply chain, operations and other compliance requirements which generated cost savings of more than R50 million per annum.
• Supervised the training of Transnet employees on compliance, risk management and internal controls

• Prepared both annual risk-based audit plans and scoped individual engagement plans including improvement of working papers, risk and control matrices, process maps and walk throughs which resulted in effective and efficient internal audits.
• Performed, supervised and facilitated detailed design and operational effectiveness of financial, operational controls and follow ups and proffered practical recommendations and action plans to mitigate identified weaknesses which resulted in clean external audit reports for a period of more than 5 years.
• Accomplished significant quality improvements in report writing, communication and presentation through auditor training, mentoring, cultural changes and workshops which improved client satisfaction by more than 50%.
• Authorized and monitored engagement budgets and implemented cost containment measures by improving efficiencies in various engagement processes such as proper resourcing and timely commencement and execution of audits and effective close out procedures which yielded an annual cost saving of about 10% of the audit budget.

• Performed procurement compliance audits of various State Owned Entities against the Government Procurement Act and Regulations and coordinated reviews and investigations with Anti-Corruption Committee which secured a 15% prosecution in cases of fraud and corruption
• Completed the necessary Treasury and Auditor General reports relating to procurement audits which were deemed irregular expenditure
• Interpreted state and federal laws, accepted auditing principles and procedures and program standards to audited materials and data to detect non-compliance and facilitate recommendations.

• Prepared, performed, supervised and facilitated detailed design and operational effectiveness of financial, operational controls and follow ups and proffered practical recommendations and action plans to mitigate identified weaknesses.
• Produced and communicated detailed audit reports for submission to both management the Auditor General
• Developed and maintained audit policies and procedures, resulting in a 15% improvement in audit quality.
• Provided guidance and training to internal audit staff, resulting in a 20% improvement in staff.