Willie Swart
Group Internal Audit Manager
Waparand,GP
Summary
During my 26 year working career (With 6 Years’ experience in the Shoprite Group which is huge and a very diverse business with all the different Business Units in the Group such as: Computicket, Credit Granting, Shoprite Insurance, FMCG, Retail, Distribution, Regional Debt collecting, Meat Markets, Fresh and flower market goods etc and 13 years being in the financial sector where I gained a wealth of experience and competencies through accepting challenges and assignments with clients in both the public and private sector. Experience was gained in Assurance, Consulting Services, Asset Management, Risk and Compliance Management, Management Reporting (preparing Annual Financial Statements and disclosure notices on International Financial Reporting Standards {IFRS}). (Provided Assurance, Consulting Services and also did Investigations into fraud etc, over the years to almost every Business Unit within the wider Liberty Holdings Group for example, Africa (Kenya, Tanzania, Namibia), Retail SA, Liberty Corporate, Liberty Health, Liberty Properties, Stanlib, Liberty Holdings Financial Reporting on the Life Licenses and Group Compliance. As a Regional Internal Audit Manager, I believe I could contribute to bring the right focus on objectivity, quality, cost effectiveness, transformation and with it the ability to “get the job done right, the first time”. Furthermore, I also bring an ethos of teamwork, problem solving as well as the ability to implement company strategies and objectives timely. I have a strong background in aspects around training, development, auditing and risk management with excellent communication, planning and administrative skills. It is rare to find people with good people and numerical skills. I am an ambitious hard working person which adapts easily to the environment I am placed in and loves taking challenges and discovering new things. I am self-motivated and goal-orientated. Currently I am working as the Northern Region Internal Audit Manager for Shoprite Group. As an individual I am looking for the right opportunity and a challenge where I can grow further, enhance my skills and apply myself to the best of my ability and in doing so, be a valuable asset to my employer.
Overview
27
27
years of professional experience
Work History
Northern Region Internal Audit Manager
Shoprite/Checkers
Pretoria
09.2019 - 01.2022
- Manage a team of 5 Auditors that work across the Northern Region (Kwa-Zulu Natal, Orange Free state, North West, Gauteng, Limpopo and Mpumalanga.)
- Review time sheets and Auditor deliverables.
- Update Audit planner with Store and Corporate audits for the Audit team.
- Follow up on Previous Audit findings reported to the Audit committee to ensure implementation.
- Develop new Audits for the Audit team.
- Assist the Group Audit Executive to develop SOP’s for the Internal Audit Department.
- Oversee the Audit close out meetings and Reporting point registers by managing all conflicts with Top Management to ensure all findings are communicated timely to all the relevant Business stakeholders on all issues identified for Consulting and Assurance engagements performed by Internal Audit;
- Review and assess RACM’s to ensure Business Risk universe is complete.
- Review audit reports as per the Internal Audit plan and methodology;
- Review and improve the action plans developed by Management and Internal Audit to address the control issues that were identified during the engagements to arrive at agreed action plans;
- On the job training done to educate the Senior and Internal auditors on Audit methodology, software and computer skills etc;
- Data manipulation by using ACL to perform Exception based tests etc;
- Reporting to Chief Audit Executive;
- Store Audits – (Shoprite, Checkers, Medirite, Hungry Lion, Usave, Liquor Shops and Africa Supermarkets – Shoprite) South Africa, Botswana, Madagascar, Uganda and Nigeria.
- Evaluating store compliance with the Company policy and procedures as well as compliance to high risk regulation Occupational Health and Safety Act, Consumer Protection Act and TCF Act etc.
- Investigate significant findings
- Evaluation of administrative functions (Cash management and Banking)
- Review of stock control processes and procedures (Overstock, Stock out, current promotions etc.)
- Review monthly reporting and trading and profitability of the stores
- Review Sales floor for price information, label maintenance an top selling products.
- Audit feedback meetings with the Regional and Divisional Managers for the store and with the Management team. Also assisting the Management team with on the job training where it was identified and required.
- Fraud investigations
- Corporate Audits (Computicket Audit, Credit granting for House and Home and Ok stores, Shoprite Insurance Company, Shoprite Investment Company, Regional Collection Office/Debt Management and the Divisional Distribution Offices, Freshmark, Meat Markets, Flower Company and DC Ware houses)
- Compliance audits on the following: the National Credit Act, Electronic and Communications Act, Treating Customers Fairly, FAIS act, Companies Act, Occupational Health and Safety Act, Short term Insurance Act;
- Auditing re-possessions, Bad debt, Attorney fees and contracts;
- Safeguarding and verification of assets;
- Capital expenditure;
- Management Accounts;
- Management information and statistics;
- Risk Management;
- Compliance monitoring audits.
- Business Continuity and Disaster Recovery policy and procedures against International best practices etc
- Shoprite/Checkers (Pty) Limited
Certified Internal Auditor
Shoprite/Checkers
Johannesburg
09.2015 - 01.2019
- Lead discussions with business stakeholders regarding issues identified and audit observations/Consulting services;
- Document audit reports as per the Internal Audit plan and methodology;
- Support management in developing innovative action plans to address control issues identified;
- Planning, implementing new audit programs, performing, supervision and review of the audits and training junior auditors;
- Data manipulation by using ACL to perform Exception based tests etc;
- Reporting to Chief Audit Executive;
- Store Audits – (Shoprite, Checkers, Medirite, Hungry Lion, Usave, Liquor Shops and Africa Supermarkets – Shoprite) South Africa, Botswana and Nigeria.
- Evaluating store compliance with the Company policy and procedures as well as compliance to high risk regulation Occupational Health and Safety Act, Consumer Protection Act and TCF Act etc.
- Investigate significant findings
- Evaluation of administrative functions (Cash management and Banking)
- Review of stock control processes and procedures (Overstock, Stock out, current promotions etc)
- Review monthly reporting and trading and profitability of the stores
- Review Sales floor for price information, label maintenance an top selling products.
- Audit feedback meetings with the Regional and Divisional Managers for the store and with the Management team. Also assisting the Management team with on the job training where it was identified and required.
- Fraud investigations
- Corporate Audits (Computicket Audit, Credit granting for House and Home and Ok stores, Shoprite Insurance Company, Shoprite Investment Company, Regional Collection Office/Debt Management and the Divisional Distribution Offices and Ware houses)
- Compliance audits on the following: the National Credit Act, Electronic and Communications Act, Treating Customers Fairly, FAIS act, Companies Act, Occupational Health and Safety Act, Short term Insurance Act
- Auditing re-possessions, Bad debt, Attorney fees and contracts
- Safeguarding and verification of assets
- Capital expenditure
- Management Accounts
- Management information and statistics
- Risk Management
- Compliance monitoring audits.
- Business Continuity and Disaster Recovery policy and procedures against International best practices etc.
- Shoprite Internal Audit Conference: Presentation and training on ACL software, fuzzy duplicates, best practices and data manipulation etc.
- Shoprite/Checkers (Pty) Limited
Zone Pastor / Certified Internal Auditor / Project Manager & Consultant
Pretoria Christian Family Church
Pretoria
01.2014 - 03.2015
- Self employed
- Review internal control frameworks for private clients and assist with design and implementation of internal controls
- Assess adherence to professional standards
- Train staff on ethics, Companies Act and King III
- Present formal written reports on observations raised during reviews
- Train staff to prepare presentations and formal reports to professional standards on observations identified where non-compliance was noted
- Assist private clients, board and management in developing policies & procedures for accounting functions
- Lead discussions with business stakeholders regarding issues identified during reviews conducted
- Conduct reviews on King III on good corporate governance and compliance to Companies Act and present findings to relevant stakeholders
- Assist management and staff to develop innovative action plans to address weaknesses identified
- Perform risk and control self-assessments for different clients
- Develop key performance indicators for staff members in various departments
- Pastel bookkeeping
- Embed risk management systems with various management functions for different private clients
- Assist management with design of risk management data base and reporting mechanisms
- Assist management with preparation of budgets, training of personnel and cost cutting exercises
- Zone Pastor
- Training of Ushers, Hostesses and Home Cell Leaders
- Training Presenters of membership classes
- Overseeing membership classes
- Counselling
- Hospital visits
- Overseeing office personnel (media, finance and administrative departments)
- Overseeing budget and expenses
- Train staff to prepare presentations
- Assist various departments in developing policies & procedures including finance, remuneration, eldership and audit committee
- Assist various non-profit organisations to obtain funding, prepare business plans, budgets and presentations
- Assist various non-profit organisations to develop an annual internal audit plan
- Facilitate discussions to appoint external auditors
- Assist staff to develop innovative action plans to address weaknesses identified
- Develop key performance indicators for staff members in various departments
- Register non-profit organisation for tax-exemption
- Assist non-profit organisation with corporate amendments (change of directorships)
- Submit supporting documentation to CIPRO
- Preparation of budgets, training of personnel and cost cutting exercises
- Assist with the preparation of retrenchment, including notifications, agreements and facilitation of retrenchment and exit interviews
Internal Audit Project Manager/ Compliance Monitoring Specialist
Liberty Group Holdings Limited
Johannesburg
02.2010 - 12.2013
- Development and input on the annual audit plan/Group Compliance monitoring plan on assurance activities;
- Lead discussions with business stakeholders regarding issues identified and audit observations;
- Document audit reports as per the Internal Audit/Group Compliance Monitoring plan and methodology;
- Support management in developing innovative action plans to address control issues identified;
- Conduct pre and post implementation reviews on new legislation being rolled out to the Group. Assist Management to develop relevant controls to ensure compliance to Regulation;
- Maintain effective relationships with business, Risk and Compliance management to keep abreast of risk and control issues;
- Planning, performing & supervision and review of the audits;
- Risk assessments, evaluation of processes and risk workshops etc;
- Review Teammate audit files and audit reports of team members while Senior Manager on extended leave;
- Combined assurance template development and documenting processes;
- Prepare annual budget and perform monthly reporting and oversight on variances to the GIAS Department budget;
- Designing CAATS;
- Data manipulation by using ACL to perform Exception based tests etc;
- KING III Governance review and benchmarking against best practice for the Liberty Holdings Group;
- Develop Scope on the Group wide Ethics review for Liberty Holdings;
- Quality Assessment Review and Preparation for IIA;
- Secondment to Liberty Group Financial Reporting Team to assist with Annual Financial Statements preparation on Investment notes etc;
- Client relationship management, presentations and assisted with reporting requirements for GAAC and GROC;
- Training of vacation students, colleagues and Africa Team auditors on Department methodology and software packages etc;
- Forensic investigations in Africa, Kenya and Tanzania;
- Audit and Compliance Monitoring finding tracking and clearance of findings with Management for Quarterly updates for reporting purposes for GROC and GAAC committees;
- Represented Group Compliance Monitoring Team in the Group Compliance forum meetings while Manager was on leave by providing feedback on engagements and Group Monitoring Team progress on the annual plan to the forum etc.
Investment Accounting Manager
Liberty Group Holdings Limited
Johannesburg
01.2008 - 02.2010
- Project Management with the implementation of new systems
- Staff training on Investment Accounting process, policies and procedures. Developing and streamlining the reconciliation process.
- Oversight over Investment accounting transaction and performing reviews on reconciliations conducted by staff members.
- Liberty Group Holdings cash management, and monitoring of all the bank accounts that the sweeping to the Stanlib Investments accounts occurred every night.
- Liaised with Standard Bank on Bank account limits, access for new users and opening of new bank accounts.
- Completion and automation of SARB, FSB and LOA returns for the Group and its subsidiaries.
- CATS access authorisation and maintenance to Standard Bank to release payments for Investments etc.
- Preparation of IFRS notes for year-end Annual Financial Statements disclosure for Investments.
- Management of staff, performance appraisals etc;
- Creating and updating of Library for all Investments with all certificates and contracts relevant to Investments.
- Hiport updating
- Performing Scrip reconciliations.
- SAP processing, performing and reviewing Investment reconciliations
Audit Specialist
Liberty Group Holdings Limited
Johannesburg
09.2005 - 12.2007
- Planning, performing & supervision and review of the audit process;
- Management of relationships with line management;
- Management of Junior Staff and reviewing working papers;
- Risk assessment & evaluation of processes;
- Reporting to divisional directors;
- Designing CAATS;
- Data manipulation by using ACL to perform exception based tests etc;
- ACL Super User for the Department – assisting and training other auditors on the software package and running CAATS for Audits;
- Various Special Projects;
- Quality Assessment Review on Mr. Price on behalf of the IIA;
- Professional Practices Team member in planning, and executing the Peer Review of a Quality Assessment Review on the GIAS Department after which the IIA conducted the Final Quality Assessment Review;
- 3 Month Secondment to the Liberty Holdings Group Financial Reporting team assisting them with the Related Party (IFRS) disclosure.
Senior Internal Auditor
Medscheme Holdings (Pty) Limited
Johannesburg
09.2004 - 08.2005
- Planning, performing & supervision and review of the audit process;
- Management of relationships with line management;
- Management of Junior Staff and reviewing working papers;
- Risk assessment & evaluation of processes;
- Reporting to divisional directors;
- Designing CAATS;
- Data manipulation by using ACL in performing exception based testing etc;
- Teammate champion – assisting other auditors with the software package and resolving errors that occur.
Senior Internal Auditor
Liberty Group Holdings Limited
Johannesburg
03.2002 - 08.2004
- Was third in the top 7 of the auditors in the Liberty Department earning recognition leave & extra remuneration.(Complement around 40 auditors excluding Forensic Auditors);
- Performing audit assignments, planning, supervision and review of the audit process;
- Management of relationships with line management;
- Management of work-in-progress;
- Risk assessment & evaluation of key significant business processes;
- Management of budgets and invoicing clients;
- Designing CAATS;
- Data manipulation by using ACL in performing exception based tests etc.
Senior External Auditor
KPMG
Johannesburg
02.1999 - 01.2002
- Internal function
- Management of work-in-progress & client billings;
- Audit planning budgets, strategies, short & long term goals, etc;
- Development & counseling of junior trainee accountants;
- Evaluation & appraisal of junior trainee accountants;
- Obtaining & identifying new business;
- Research on HIV/ AIDS;
- Presentation to all the different Business Units in KPMG.
- External function
- Management of relationships with assigned clients;
- Risk assessments and designing risk registers etc;
- Planning, performing & supervision and review of assurance assignments;
- Documenting and evaluating internal control systems;
- Reporting to Partners the assurance observations as it was applicable and setting up close out meetings to communicate the assurance assignments results to the assigned clients;
- Assurance and consulting advice/fact finding assignments;
- Fraud investigations;
- Follow up on referral of potential assurance and consulting services;
- Networking with clients etc.
Practice Manager
Medicross
Johannesburg
07.1998 - 01.1999
- Responsibility for managing of the Medicross practice;
- Management of relationships with Doctors;
- Stock Management;
- Reporting to Head Office;
- Staff Management. (Recruitment etc.);
- Procurement for the practice;
- Cash Management against budget;
- Debtors Management & Monthly Reporting thereof.
Administration Manager
Pretoria Gynaecological Hospital
Pretoria
08.1996 - 07.1998
- Management of administration/financial function & reporting to Managing Director;
- Responsible for drawing up budget for administration department & budget control;
- Management of security function;
- Management of maintenance function;
- Responsible for all administrative duties accompanying December 1996 take-over of Marifont Maternity Home by Muelklin-Medihelp Hospital Group;
- Developed and implemented order processing and filing system;
- Responsible for Control of order system and price fixing/controlling;
- Conducting interviews with representatives and agents;
- Authorising cheque requisitions;
- Implemented security policies and procedures and compiled a training manual for new appointments;
- Management of computerised pastel accounting system from book keeping to Trial Balance;
- Training of new employees to utilise accounting system;
- Completion of monthly and year-end closing ledgers;
- Preparation and presentation of financial reports to Executive Director;
- Liaised with Auditors for year-end audits;
- Conducting interviews with prospective employees;
- Hospital representative at HASA (Hospital Association of South Africa) meetings on regional level;
- Hospital representative at NHN (National Hospital Network meetings);
- Compiled training manual for reception and implemented policies and procedures;
- Management of security and maintenance function;
- Management of personnel matters including active involvement in disciplinary hearings as well as retrenchment procedures.
Bad Debt Collector / Cashier
Saambou Bank
Pretoria
01.1996 - 12.1996
- Cashier (March 1996);
- Bad Debt collector (April 1996 - September 1996);
- Duties: Cash management of R300 000 per day. Promoted from TF4-post (Cashier) to a TF3-post (bad debt collector) within a month of appointment. Collecting arrears on personal and bond loans.
Administrative Officer
H&E Labour Consultants
Pretoria
01.1995 - 12.1995
- Performed all bookkeeping functions for firm on computerised system;
- Entered new cases on computer system. Corresponded with Unions etc.
Education
B.Com - HR, PR and Law subjects
UNIVERSITY OF PRETORIA
Pretoria, Gauteng, South AfricaB.Compt - Accounting, Tax, Audit and Management Accounting
UNISA
Pretoria, Gauteng, South AfricaCIA - Certified internal auditor Part I, II, III, IV and CCSA
Institute of Internal Auditors
Matriculated - undefined
S.P.C.R. Swart
Pretoria, GautengPrimary education - undefined
Queens Wood Primary School
Pretoria, GautengSkills
Audit planning
Data analytics
Internal controls
Teamwork
References
- Jerry Mahraj, Shoprite Checkers Trainer, 083 7779690
- Mr Craig Pilgrim, Chief Audit Executive (previous) Liberty Life, 083 2760406
- Mr Mo Areff, Compliance Team Manager (previous) Liberty Life, 082 881 1920
- Mr Afzal Ghoor, Audit Team Manager Liberty Life, 082 703 6222
- Mr Bongani Tshabalala, Audit colleague Shoprite/Checkers, 071 853 4444
Timeline
Northern Region Internal Audit Manager
Shoprite/Checkers
09.2019 - 01.2022
Certified Internal Auditor
Shoprite/Checkers
09.2015 - 01.2019
Zone Pastor / Certified Internal Auditor / Project Manager & Consultant
Pretoria Christian Family Church
01.2014 - 03.2015
Internal Audit Project Manager/ Compliance Monitoring Specialist
Liberty Group Holdings Limited
02.2010 - 12.2013
Investment Accounting Manager
Liberty Group Holdings Limited
01.2008 - 02.2010
Audit Specialist
Liberty Group Holdings Limited
09.2005 - 12.2007
Senior Internal Auditor
Medscheme Holdings (Pty) Limited
09.2004 - 08.2005
Senior Internal Auditor
Liberty Group Holdings Limited
03.2002 - 08.2004
Senior External Auditor
KPMG
02.1999 - 01.2002
Practice Manager
Medicross
07.1998 - 01.1999
Administration Manager
Pretoria Gynaecological Hospital
08.1996 - 07.1998
Bad Debt Collector / Cashier
Saambou Bank
01.1996 - 12.1996
Administrative Officer
H&E Labour Consultants
01.1995 - 12.1995
Matriculated - undefined
S.P.C.R. Swart
Primary education - undefined
Queens Wood Primary School
B.Com - HR, PR and Law subjects
UNIVERSITY OF PRETORIA
B.Compt - Accounting, Tax, Audit and Management Accounting
UNISA
CIA - Certified internal auditor Part I, II, III, IV and CCSA
Institute of Internal Auditors
Personal Information
- ID Number: 7511015019085
- Date of Birth: 01 November 1975
- Gender: Male
- Nationality: South African
- Driving License: Code 08, 02
- Marital Status: Married
- Availability: Botswana, Nigeria, Tanzania, Lesotho, Swaziland, Kenya, Namibia, Uganda, Mozambique and Madagascar.
- ID Type: National ID
- ID Number: 7511015019085
Work Traveling Experience
- Botswana
- Nigeria
- Tanzania
- Lesotho
- Swaziland
- Kenya
- Namibia
- Uganda
- Mozambique
- Madagascar
Criminal Offence
None