Deloitte South AfricaAudit Senior
Jan. 2017 - Dec. 2017Johannesburg Area, South Africa• Involved in statutory audits of Retail, Cosmetic Manufacturers, electrical supplies manufacturing, Industrial manufacturers, mining, farming and educational institutions.
• Performing of agreed upon procedures for companies in the insurance and cosmetic manufacturing industries.
• Supervision of up to 10 staff on an audit.
• Planning and review of audits. Clients:
Auditor-in-charge of the statutory audit - Associate Motor Holdings (Pty) Ltd (part of the Imperial group)
Holding company of companies in various sectors including retailing of cars. This is one of the largest car retailer holding companies in South Africa. Turnover: Group – R 20 billion, Company – R 4 billion • Responsible for the planning of the audit of the holding company as well as others, and the setting up of audit programs.
• Responsible for the audit of the critical audit objectives including all investment properties (this included the audit of a complex accounting model for the determination of a property’s residual value) and providing guidance on all other technical issues (including the disposal of a group and the implications of IFRS10 and 11).
• Responsible for the consolidation of twenty-three group companies. • Responsible for coaching and on the job training of junior engagement team members.
• Liaising with other departments involved within Deloitte (Tax, Risk Advisory and other professional services).
• Responsible for the drafting/ reviewing of the Annual Financial Statements.
• Reporting to management on material weaknesses of internal control and other material misstatements.
NUMBER OF STAFF SUPERVISED 6 staff members Auditor-in-charge of the statutory audit – AMKA Products (Pty) Ltd Manufacturer of FMCG (including cosmetics)
Turnover: +-R2.300 billion
• Responsible for critical audit objective such as Revenue, receivables and the provision for bad debts.
• Forex and FEC testing.
NUMBER OF STAFF SUPERVISED 6 staff members and 2 other teams (being Tax and risk advisory)