Wave Ngxolashe
Senior Accountant/Auditor
367 Oak Avenue, Randburg
Summary
Detail-oriented, hardworking and diligent audit professional with solid knowledge of accounting and auditing standards as well as the SA tax legislation. Experienced in complex accounting standards such as IFRS 9, IFRS 16, IFRS 15 as well as valuation of companies.
Experienced with assessing companies' compliance with certain legislations such as the companies act and the SA income tax act Although I have only worked in audit, I am willing to venture into other avenues.
I have passed all my board exams and completed my training articles, and I am thus eligible to register as a Chartered accountant (CA)SA with SAICA.
Overview
3
3
years of professional experience
9
9
years of post-secondary education
Work History
Trainee Accountant
SNG Grant Thornton
Sandton
01.2020 - 12.2022
- Responsible for the planning audits including audit budget, audit strategy and the setting up of audit programs
- Responsible for the audit of the critical audit sections including Money market instruments, financial liabilities, Leases (IFRS16), Investments in unlisted shares (valuations of shares through DCF), Other Financial assets, Revenue (IFRS15), Foreign currency transactions and Deferred tax
- Assessing and evaluating client's financial statements and accounting policies for compliance with IFRS, Companies Act and other regulatory requirements
- Assist with producing client reports (Audit Strategy Memorandum, Audit Completion Memorandum, Management letters etc.)
- Performed walkthroughs, tests of controls and substantive testing for the Revenue and Receivables Cycle, Purchases and Payables Cycle, Payroll, and Investment cycle
- Responsible for coaching and on the job training of junior engagement team members
- Providing Work allocations as required by individual audit assignments and continuously assessing whether the work allocated is being completed on time
- Worked in and obtained experience in the following industries: Insurance, Banking, Equity share investment, SME Financing (short term loans, long term loans and Asset financing), Real estate investment.
Education
BCom Accounting Science -
Walter Sisulu University
Mtata 02.2014 - 12.2017
Post Graduate Diploma in Accounting (CTA) -
Nelson Mandela University
Port Elizabeth 02.2018 - 12.2022
Initial Test of Competence (ITC) -
SAICA
01.2020 - 01.2020
Assessment of Professional Competence (APC) -
SAICA
12.2022 - 12.2022
Skills
Technical Knowledge of accounting standards
Affiliations
South African Institute of Chartered Accountants (SAICA)
*Eligible to register as a member
Timeline
Assessment of Professional Competence (APC) -
SAICA
12.2022 - 12.2022
Initial Test of Competence (ITC) -
SAICA
01.2020 - 01.2020
Trainee Accountant
SNG Grant Thornton
01.2020 - 12.2022
Post Graduate Diploma in Accounting (CTA) -
Nelson Mandela University
02.2018 - 12.2022
BCom Accounting Science -
Walter Sisulu University
02.2014 - 12.2017
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