Zamashawe Mgudlwa
Process And Internal Controls Manager
Johannesburg
Summary
I am smart working Internal Audit/ Internal Controls Manager with more than 10 years of experience gained in different industries i.e. Mining, Engineering, FMCG, Banking and Automotive. I am results-driven and with a passion of developing people and processes. I am a dynamic team player with history of managing teams of up to 6 auditors.
Overview
14
14
years of professional experience
5
5
years of post-secondary education
Work History
Process and Internal Controls Manager
Sandvik
07.2023 - Current
- Align Global Control Matrix with local operations.
- Manage a team to perform quarterly testing of internal controls in line with the Global Internal Controls Framework.
- Oversee the identification of deficiencies on internal controls and implement corrective plans.
- Evaluate Global Design and amend with approval based on local laws and regulations
- Coordinate, monitor and report on close out of management action plans on internal audit findings
- BWise system management and control on reporting of internal controls and internal audit close out
- Perform annual walkthroughs over key financial processes (Financial Reporting, Fixed Assets, Intercompany, Inventory, Order-to-cash, Procure-to-Pay, Payroll, Pension, Tax, Treasury and IT).
- Design processes for implementation within the business to optimize financial reporting.
- Manage the rollout of new processes & controls by reviewing process-related documentation and providing guidance to the Finance team and business at large.
- Ensure group controls and new implementations are adopted according to the required standards and timelines
- Responsible for Coordinating and presenting the quarterly sales Area Business Continuity and Enterprise Risk Management programs as per Group Process.
- Ensure that outcomes of the incident management process are responded to appropriately with the aim of controlling risk exposure and improving operational effectiveness
- Manage the relationship with internal and external auditors through regular stakeholder engagement and driving the scope of audits to ensure all findings are resolved appropriately and timeously.
- Act as the liaison between management and internal / external auditors in control related matters.
- Act as a technical resource for management in the implementation of internal controls providing guidance on the proper detective, preventive and corrective controls needed.
- Comply with safety regulations and internal standards and procedures
- Comply with applicable legislation i.e. Section 21 of Mine, Health & Safety Act.
- Manage recruitment of subordinates in accordance with HR policy and procedures.
Internal Audit Manager
Motus Aftermarket Parts
04.2019 - Current
- Developed the annual audit plan
- Lead and mentored audit staff on audit procedures, ensuring efficient execution of the Audits according to the approved audit plan
- Planning and overseeing the execution of the audits
- Reviewed, signed off and shared the audit reports with the applicable executive, senior and middle managers
- Designed, implemented and monitored Control Self Assessments for the business divisions
- Assisted the business in developing Business Continuity Plans
- Lead the documentation and standardisation of Standard Operating Procedures
- Compiling of the quarterly reports for the Risk Committee and the Executives
- Lead and directed fraud investigations
- Reviewed sustainability related data
Business Owner (50%, Start-up)
Profound Resolutions
10.2017 - 12.2018
- Reviewing and recommending overall risk management strategies
- Setting policy requirements and standards, training staff, and ensuring these are upheld
- Oversee all company operations and part of decision-making team
- Client interaction and promoting the company
- Responsible and accountable for the company's internal controls and risk management
Internal Auditor
Unilever Southern Africa
09.2013 - 09.2017
- Performing control testing to ensure SOX compliance
- Developing and executing a risk based internal audit plan
- Documentation of system narratives and walk-throughs
- Providing quality assurance reviews and sign off internal audit reports
- Meeting with management to discuss findings and recommendations
- Co-ordinating work with external auditors
Risk and Assurance Auditor
Standard Bank
10.2010 - 08.2013
- Analysing and use of the BARM report which provides different risks levels of each business in order to ascertain areas that require intervention
- Audit program design, execution, and reporting
- Outstanding issues tracking
- Assess and measure the effectiveness and efficiency of internal controls
- Report on operational and compliance risk irregularities to the process owners in order rectify deficiencies and to modify controls or processes
- Evaluation of the adequacy of controls
Education
Certified Fraud Examiner -
Association of Fraud Examiners
Austin, Texas 03.2022 - 10.2022
Certified Internal Auditor - undefined
Institute of Internal Auditor
12.2020 - 12.2021
Bachelor of Commerce - Accounting in Internal Auditing
University of the Witwatersrand
02.2006 - 12.2009
Skills
- Software
- Leadership Skills
- Developing internal controls
- Root-Cause Analysis
- Process Mapping
- Client relationship management
- Compliance Monitoring
- Internal Controls
- Audit management
- SOX Compliance
- Annual Audit Plans
- Risk Assessment
- Internal Audit Administration
- Written and Verbal Communication
- Relationship Building
- Problem solving
- Financial statement review
- Conflict resolution
- Microsoft Office
- SAP
- ELCB
- SAGE
Acts Regulations
- FAIS
- FICA
- NCA
- SOX
- OHSA
- POPIA
- Covid Regulations
- BEE
Timeline
Process and Internal Controls Manager
Sandvik
07.2023 - Current
Certified Fraud Examiner -
Association of Fraud Examiners
03.2022 - 10.2022
Certified Internal Auditor - undefined
Institute of Internal Auditor
12.2020 - 12.2021
Internal Audit Manager
Motus Aftermarket Parts
04.2019 - Current
Business Owner (50%, Start-up)
Profound Resolutions
10.2017 - 12.2018
Internal Auditor
Unilever Southern Africa
09.2013 - 09.2017
Risk and Assurance Auditor
Standard Bank
10.2010 - 08.2013
Bachelor of Commerce - Accounting in Internal Auditing
University of the Witwatersrand
02.2006 - 12.2009
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