PHIROANE MATTHEWS MAGANYELA

Experienced Internal Auditor | Project Accountant
85 Ekukhanyeni Street, 2090, Johannesburg, ZA.

About

Highly experienced Internal Auditor and Project Accountant with a proven track record in enhancing financial controls, ensuring regulatory compliance, and mitigating operational risks. Adept at data analysis and strategic financial reporting, I drive organizational sustenance and foster robust business support. Seeking to leverage comprehensive expertise in accounting, auditing, and project financial management to deliver measurable impact and contribute to strategic organizational growth and policy influence.

Work

Institute of Security Studies
|

Grant and Reporting Officer

Johannesburg, Gauteng, South Africa

Summary

Currently manage grant applications, financial reporting, and compliance, ensuring alignment with donor agreements and internal controls for a security studies institute.

Highlights

Developed and submitted grant proposals, summarizing new grant opportunities to steering committees to secure critical project funding.

Drafted comprehensive budgets, forecasts, and financial reports, and managed donor site registrations to enhance funding accessibility.

Contributed to the review and enhancement of internal controls, policies, and procedures, strengthening financial governance and compliance.

Processed financial transactions and generated variance reports, collaborating with project management officers to optimize budget adherence and financial performance.

Facilitated donor audits by reviewing terms of reference and ensuring strict alignment with donor agreements, maintaining compliance and transparency.

JET Education Services
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Project Accountant

Johannesburg, Gauteng, South Africa

Summary

Managed project budgets, financial reporting, and compliance, overseeing junior finance staff for an education service provider.

Highlights

Prepared project budgets and management reports, analyzing periodic variances to identify root causes and formulate strategies for improved financial management.

Prepared and presented comprehensive financial reports to group funders, detailing total project funds, disbursements, and utilization.

Processed project receipts and payments within the accounting system, adhering to organizational financial policies, and generated detailed expenditure reports by expense line.

Communicated project financial performance to managers and owners, highlighting shortcomings and recommending fund adjustments to optimize resource allocation.

Supervised and guided junior finance officers and clerks, ensuring accurate and efficient financial operations and compliance.

Priory for Order of St John
|

Internal Auditor

Johannesburg, Gauteng, South Africa

Summary

Developed and executed internal audit plans, ensuring compliance and improving risk management and financial controls.

Highlights

Developed internal audit policies, procedures, and strategic audit plans, securing approval from the audit and risk committee to strengthen governance.

Executed periodic internal audits, including specialized reviews for fraud, IT systems, and projects, ensuring adherence to approved plans.

Evaluated enterprise risk management, corporate governance, and ethics compliance, providing actionable recommendations for continuous improvement.

Drafted and issued quarterly internal audit reports to the audit and risk committee, detailing findings and recommending improvements for internal controls and business practices.

Monitored and oversaw the implementation of audit recommendations, conducting follow-up audits to track and measure intervention effectiveness.

Wits University
|

Finance Officer

Johannesburg, Gauteng, South Africa

Summary

Managed financial transactions, budgeting, and reconciliation, ensuring compliance with university policies.

Highlights

Processed payments and receipts (cash/EFT) within the accounting system, ensuring all financial functions adhered strictly to established policies and procedures.

Prepared periodic budgets, generating and analyzing variances to provide clear explanations and support financial decision-making.

Conducted monthly income statement and balance sheet reconciliations, ensuring accuracy and integrity of financial records.

Managed procurement of goods and services, from purchase order generation and supplier liaison to receipt verification.

Conducted physical verification of fixed assets and maintained an accurate, updated fixed assets register.

South African Revenue Services
|

Small Business Amnesty Adjudicator

Johannesburg, Gauteng, South Africa

Summary

Reviewed and reconciled amnesty applications for small businesses, ensuring compliance with program requirements.

Highlights

Obtained and processed amnesty application forms from small business owners.

Reviewed and reconciled application forms to determine eligibility for small business amnesty, ensuring compliance with program requirements.

Liaised with small business owners to secure outstanding documentation, facilitating complete amnesty applications.

Prepared detailed reports on amnesty decisions for project leader review, outlining reasons for approval or denial.

Education

Wits University
Johannesburg, Gauteng, South Africa

Certificate

Project Management

SA Institute of Professional Accountants
Johannesburg, Gauteng, South Africa

Certificate

Professional Accounting

Institute of Internal Auditors
Johannesburg, Gauteng, South Africa

Certificate

Internal Audit

Wits University
Johannesburg, Gauteng, South Africa

Certificate

English Language Teaching

Wits University
Johannesburg, Gauteng, South Africa

Bachelor of Commerce

Accounting, Tax, Management Accounting, Auditing

Mabodibeng Commercial School
Mabodibeng, North West, South Africa

Matric

Accounting and Economics

Awards

Service with Smile Award

Awarded By

Wits University

Awarded for exceptional service and positive demeanor.

Motho Wa Batho, People's Person Award

Awarded By

Wits University

Recognized as a 'People's Person' for outstanding interpersonal skills and positive engagement with others.

Best Academic Learner of the Year and Best Learner in Economics

Awarded By

Mabodibeng Commercial School

Recognized for outstanding academic performance and excellence in Economics.

Languages

English

Skills

Data Analysis

Financial Data Analysis, Performance Evaluation.

Office Productivity

Microsoft Word, Microsoft Excel, Microsoft PowerPoint, Microsoft Outlook.

Accounting Systems

Acumatica, Pastel, Oracle, SAP, SAGE300, Palladium.

Financial Standards

International Financial Reporting Standards (IFRS), International Standards for Professional Practice on Internal Audit (IPPF), Generally Recognized Accounting Practices (GAAP).

Financial Management

Budgeting, Forecasting, Financial Reporting, Variance Analysis, Cash Flow Management, Reconciliation, Procurement, Fixed Asset Management.

Auditing & Compliance

Internal Audit, External Audit Liaison, Regulatory Compliance, Internal Controls, Risk Management, Corporate Governance, Forensic Investigation, Policy Development.

Project Management

Project Accounting, Grant Management, Stakeholder Management, Project Budgeting, Project Financial Performance.

Leadership & Supervision

Team Leadership, Mentoring, Staff Oversight.

References