Tholeka Ntende CA(SA)

Experience

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  Nestlé

  Feb 2012 - Jan 2015

  Internal Auditor

  • Involved in policy implementation.• Performed operational analysis on the effectiveness of internal controls within the company.• Monitored operational efficiencies to ensure that company resources are used in the most efficient way.• Identified any deviations from Best Practices. • Provided recommendations to management on control issues.• Followed-up if all audit findings have been implemented and drove ownership with line management.• Evaluated the alignment with local laws and regulations.• Evaluated the effectiveness of management of overall risk environment by assessing operational and financial company risks and resulting mitigation plans.• Assessed the quality and reliability of management reporting and information used in decision making. Show less

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  Development Bank of Southern Africa (DBSA)

  Oct 2021 - May 2022

  Internal Auditor

  •Plan, develop and execute comprehensive audit programmes.•Obtain a good understanding of the control environment being audited (including information technology, internal financial control and risk management related aspects), and interdependencies linked to this.•Plan audit assignments based on key process and business risks identified, and design the audit program in line with risks and key controls to be tested.•Incorporate data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork•Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices and internal controls.•Express an opinion based on the results of the work performed.•Identify opportunities to improve internal controls, including internal financial controls.•Identify and clearly articulate the root cause of issues identified and impact thereof, and recommend changes to business processes that will address the control weaknesses.•Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed.•Assist the Head of Internal Audit with other operational and reporting activities as required.•Effective communication with the audit team, Head of Internal Audit and key stakeholders.•Keep abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements and technology changes related to the internal audit environment.•Participate in internal departmental work and key standing tasks such as Board, Risk and Audit Committee reporting. Show less

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  FirstRand Corporate Centre

  Jun 2022 - now

  Investment Banking | Private Equity | Offshore portfolio: London Branch, FirstRand Securities, RMB Securities USA, RMB Mauritius, FirstRand Bank India.• Provide management over a portfolio of clients and deliver high-quality audit and assurance service including preparing and reviewing audit plans and work. • Maintain the highest technical and professional standard. • Think strategically about client needs by understanding their business and key risks. • Manage the quality of audit work output to ensure excellence is achieved through the application of end-to-end integrated risk-based reviews. • Ensure that the audit team continually identify and report on potential financial, operational risks (including IT risks) and regulatory risk when conducting audits • Ensure that actual vs. approved/revised plan (including special requests) achieve the required coverage• Manage the Annual Audit Plan, continually reassessing and revising based on key or emerging risks. • Identifying ways to maximise the relationship with clients and deliver added value by elevating our status to trusted partner / trusted advisor. • Ensure excellence in reporting to governance structures (Audit Committee, Risk Committee, Regulatory Committee) • Ensure the efficient utilisation of tools / techniques to improve audit efficiencies (CAAT's, flow charts, research, ADR/Google, analytical reviews) Show less •Corporate and investment banking segment: RMB London, RMB Securities USA, RMB South Africa and RMB Mauritius. •Plan, develop and execute comprehensive audit programmes.•Obtain a good understanding of the control environment being audited (including information technology, internal financial control and risk management related aspects), and interdependencies linked to this.•Plan audit assignments based on key process and business risks identified, and design the audit program in line with risks and key controls to be tested.•Incorporate data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork•Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices and internal controls.•Express an opinion based on the results of the work performed.•Identify opportunities to improve internal controls, including internal financial controls.•Identify and clearly articulate the root cause of issues identified and impact thereof, and recommend changes to business processes that will address the control weaknesses.•Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed.•Assist the Head of Internal Audit with other operational and reporting activities as required.•Effective communication with the audit team, Head of Internal Audit and key stakeholders.•Keep abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements and technology changes related to the internal audit environment.•Participate in internal departmental work and key standing tasks such as Board, Risk and Audit Committee reporting. Show less

  • Internal Audit Manager: RMB (CIB)

    Dec 2023 - now

  • Lead IFC Auditor - RMB (CIB)

    Jun 2022 - Nov 2023