Jothie Hemraj

Experience

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  N.C. Hamaraj and Co. CA (SA)

  Jan 2000 - Dec 2001

  Accounts and Audit Clerk

  Overview: • Processed cash books, petty cash journals, accounts payable and accounts receivable journals, salaries and wages journals. Processed journals to prepare financial statements.• Performed bank reconciliations.• Prepared tax returns for companies and individuals e.g. IT12, IT14, VAT 201• Audit of NPO’s. Assisted with audit of private companies.• Prepared financial statements for private companies, close corporations, and individuals.

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  Goldengate Delta t/a Goldengate (Open / Isuzu Franchise)

  Jan 2002 - Aug 2003

  Junior Accountant

  Overview: • Managed and supervised efficient and streamlined operations in all aspects of financial accounting. Prepared, reviewed and compiled annual budgets, monthly cash flow forecasts, operating results.• Responsible for verifying all financial reports and ensuring that all transactions are accurate and in compliance with local government regulations; Reviewed Trial Balance and Balance Sheet Reconciliations; captured journal entries as needed.• Responsible for the preparation of current financial reports and forecasts for future business growth including budgets, income statements, balance sheets, financial management reports, financial statements and risk assessments. Show less

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  Capitec Bank

  Sept 2003 - May 2004

  Internal Auditor

  Overview: • Planned and executed audits, drafting management letters, audit reports and other related documents at various branches in the KZN province.• Ensured the delivery of high quality accurate and cost effective audits and audit reports.• Trained staff on policies and procedures e.g. Bank Act, Credit Policy, FICA legislation, Micro Finance Lending Act (MFRC).• Assisted operations with management of branches due to operational requirements for a period of 3 months. Branch won the competition for best display in the North Coast Region. Show less

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  South African Revenue Service (SARS)

  Dec 2005 - Mar 2008

  Auditor

  Key Responsibilities: • Managed the effective planning of audits. Gathered information needed to effectively perform specific planned audits on companies, individuals and trusts.• Executing standard co-ordinated audits.• Delivered an effective audit report making meaningful recommendations.• Assisted taxpayers with tax related queries.• Raised tax assessments and handled objections by taxpayers.• Conducted inspections by visiting taxpayer’s premises to educate taxpayer’s, collect information and improve visibility of SARS in the South African economy. Show less

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  South African Revenue Service (SARS)

  Apr 2010 - Jun 2022

  Special Achievements: Operational Manager: Internal Auditor• Oct 2021: Presented the research results of how to evaluate internal financial controls over financial reporting to the SARS Executive committee: Internal audit which was well received and team to be nominated for Amakhwezi (Star Performance) by Executive.• Sep 2021: Requested by management to be the Programme Director for the quarterly divisional staff meeting. • 2021: Member of the Women in Leadership Forum at SARS.• Implementing knowledge of best practice frameworks such as King IV, COSO, PFMA, GRAP, National Treasury Guidelines, and SOX Compliance.• Made meaningful recommendations into the internal audit marketing strategy, which was adopted by the internal audit division.• Member of the events management committee responsible for organising the divisional Star Performance awards function in 2018 – Awarded Top Performance Certificate for the functions success. • SARS was the case study for my research paper in submission for my MPhil degree: Produced an Executive report for internal audit management on the research findings and recommendations that was used in developing the Internal Audit’s strategic plan.• Researched, prepared and presented to the team on – “How does the future audit look like and what are the skills required?” and developed the training plan for the team to align with these new skills.• Developed a “Research Guidelines” template that guides auditors on how to do research, use of relevant sources, and guidance on referencing.• Conducted presentations on “Agile Auditing” to assist audit teams in their approach of Agile auditing techniques.• 2016: Shining Star for Initiating Heritage Day Function in Internal audit. Show less Special Achievements: Risk Profiler• Instrumental in initiating the change process towards achieving a higher standard of quality in the division’s product.• Made meaningful and impactful recommendations into the quality of the product by obtaining audit programmes from enforcement and directing team members to use in the risk analysis process, assisting and guiding team members on how to reach monthly KPI’s, assisting team members to understand new approaches to risk profiling adopted by the team. • Audit function raised the highest tax assessments in the region and they exceeded their previous assessments raised.• Mar 2012 & Mar 2010: Star Performance Award at SARS Compliance Risk Unit.• 2009: Awarded Top Performance Certificates at SARS Compliance Risk Unit.• 2008 & 2009: Awarded Certificate of Appreciation in recognition of extraordinary service and good performance at SARS Compliance Risk Unit. Show less Special Achievements: Acting Team Leader: Compliance Risk Unit• Developed a template to be used by the End of Line Quality Assurance and Compliance risk team for compiling tax reports. • Organised awareness sessions with the relevant stakeholders to promote image of the unit.• Identified team skills gaps and organised training sessions with external service providers. This resulted in decreased case rejections and teams that are more productive.• Identified bottle necks in the division’s process / mandate to free up resources to achieve targets more efficiently and effectively. Show less

  • Operational Manager: Internal Audit

    Jan 2015 - Jun 2022

  • Operational Specialist - Risk Analyst

    Apr 2008 - Dec 2014

  • Acting Team Leader: Compliance Risk

    Apr 2010 - Sept 2010
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  University of Pretoria/Universiteit van Pretoria

  Jun 2020 - Jun 2020

  External Moderator - Mphil (Internal Auditing)

  Appointed as External Moderator for the following module:•Forensic Auditing

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  IIE MSA

  Sept 2021 - Sept 2023

  External Moderator - Post Graduate Diploma (Internal Auditing)

  Appointed as External Moderator for the following module: •Business Communication Skills for Internal Auditors

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  University of Pretoria/Universiteit van Pretoria

  May 2022 - May 2022

  External Moderator

  Appointed as External Moderator for the following module:Forensic Auditing

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  RH Bophelo

  Nov 2022 - now

  Head of Internal Audit

  Responsible for setting up the Internal Audit function Maintain stakeholder relationshipsDrafting Internal Audit CharterDrafting Internal Audit Methodology Compile three-year risk based rolling audit planPrepare Audit and Risk (ARC) committee reporting packsAttendance and presentation at ARC meetings Pro-actively manage and execute the internal audit plan in line with the evolving risk profile and a rapidly changing environment. Issue reports to the ARC and executive management, summarizing the results of auditsPeriodically provide information on the status and results of the audit plan, including significant changes in scope or coverage to the ARC for review and approvalAdvise the organisation on developments in the internal audit, governance and risk management environmentAssist with the development of robust corporate policies and proceduresWhistle Blowing / Internal InvestigationsRespond to reported whistle blowing incidents received through the Tip-offs Anonymous hotlineManage and conduct Internal investigations, e.g. suspected fraud and other irregularitiesReport on the outcome of whistle blowing incidents investigated to management and ARC Show less

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  University of Pretoria/Universiteit van Pretoria

  May 2023 - Aug 2023

  Student Mentor

  UP Mentorship Programme 2023