Mcolisi Matimba
Ledbury,Herefordshire
Summary
A highly skilled professional with extensive knowledge in applying relevant legislation and regulatory requirements, governance practices, and compliance. Demonstrates a proven ability to make sound decisions and judgements, supported by strong research and presentation skills. Proficient in enterprise risk management tools and risk assessment software, with a solid understanding of testing and sampling methods. Committed to maintaining up-to-date knowledge of state and accreditation standards while investigating irregularities effectively. Career goals include advancing expertise in operational review and enhancing governance best practices.
Overview
17
17
years of professional experience
10
10
years of post-secondary education
Work history
Internal audit manager
ESwatini Water and Agriculture Development Enterp
Siphofaneni, Lubombo, ESwatini
2025.05 - Current
- This position serves to provide independent and objective combined assurance internal audit and consulting services to EWADE on adequacy of internal controls, risk management and governance frameworks.
- Drew up annual Internal Audit Plan based on key risks and strategies.
- Managed team of internal auditors, ensuring high standards of work.
- Reviews adequacy of internal controls and implementation of internal controls.
- Audit business operations.;
- Design and implement annual work plan for internal audit.
- Prepare internal audit engagement reports as well as reports on overall progress against approved internal audit plan;
- Work with Audit Committee, monitor adequacy of external reporting practices against peers.
- Circulate audit reports to senior management as well as line management responsible for area audited and circulates significant findings to Board Audit Committee.
- Submit periodic internal reports and to management team as well as to Board Chairman and Audit Committee Chairperson.
- Report regularly to CEO with regard to progress on achieving planned objectives. Prepare risk management performance and overall internal audit reports for finance and audit committee.
- Co-operate with other assurance providers.
- Prepare and submit quarterly and monthly management reports.; Perform internal audits, ensuring these are conducted per Audit Charter/Plan, Risk Review and External Audit findings.
- Communicated findings from audits clearly with stakeholders, maintaining open lines of communication.
- Conduct forensic audit and special investigations as required.
- Provide support to Audit Committee. Perform any other duties as may be reasonably assigned.
- Developed comprehensive checklists for audit processes to ensure consistency in approach.
- Provided constructive feedback after each audit session leading to continuous improvement.
- Maintained up-to-date knowledge of industry regulations and standards, staying ahead of changes.
- Conducted staff training sessions on compliance matters for better understanding.
- Resolved complex auditing issues, providing creative solutions when needed.
- Liaised with external auditors to facilitate smooth auditing process.
Internal Audit Manager
National Disaster Management Agency
Mbabane, Swaziland
2021.11 - 2025.05
- This position serves to provide independent and objective combined assurance internal audit and consulting services to NDMA on adequacy of internal controls, risk management and governance frameworks.
- Reviews adequacy of internal controls and implementation of internal controls.
- Audit business operations.;
- Design and implement annual work plan for internal audit.
- Prepare internal audit engagement reports as well as reports on overall progress against internal audit plan;
- Work with Audit Committee, monitor adequacy of external reporting practices against peers.
- Circulate audit reports to senior management as well as line management responsible for area audited and circulates significant findings to Board Audit Committee.
- Submit periodic internal reports and to management team as well as to Board Chairperson
- Report regularly to CEO with regard to progress on achieving planned objectives. Prepare risk management performance and overall internal audit reports for finance and audit committee.
- Co-operate with other assurance providers.
- Prepare and submit quarterly and monthly management reports.; Perform internal audits, ensuring these are conducted per Audit Charter/Plan, Risk Review and External Audit findings.
- Conduct forensic audit and special investigations as required.
- Provide support to Audit Committee. Perform any other duties as may be reasonably assigned.
- Developed comprehensive checklists for audit processes to ensure consistency in approach.
- Provided constructive feedback after each audit session leading to continuous improvement.
Treasurer and financial controller
Evangelical Church Mbabane
Mbabane, Swaziland
2017.03 - 2023.04
- Monitor cash flow and balances to ensure that adequate cash is maintained in the checking account, and notify the Finance Committee and the Church Board when there is excess cash that could be invested.
- Maintain the safe custody of all Church funds.
- Ensure that bank statements are reconciled and signed each month.
- Ensure that Financial reports are appropriately presented to the Finance Committee, Church Board and the congregation
- Authorize all expenditures in respect of the Church and its projects (preschool and primary school).
- Ensure that the Accountant manage up-to-date fixed Asset register for the Church and its projects (preschool and primary school).
- Maintain/Supervise the church financial records, ensuring that board policies are followed, and that overall financial assets are appropriately managed administered.
- Ensure that necessary insurance (property, assets, officer's liability insurance with indemnification, etc.) is in place and reviewed from time to time.
- Ensure that clear policies, internal controls and practices are in place that govern the collection, handling, recording, receipting, use and reporting of funds within the church and its projects.
- Oversee the collection of offering each Sunday.
- To keep clear, accurate and adequate records with supporting documentation of all church receipts and expenditures.
- Ensure the timely payment of accounts payable.
- To provide a current itemized financial report(s) of funds for Church Board Meetings and at the annual Conference meeting.
- Advise the Church Board on the ongoing financial position of the church against the annual budget.
- Ensure that all resolutions taken by the Church Board are executed timely
- Chair the finance committee
- Work with the Finance Committee to develop and manage the processes to ensure appropriate use of funds for the church and its projects (preschool and primary school).
- Provide information for the preparation of the Annual Budget.
- File documents with Tax Authorities as required
- Directed financial operations with a focus on cost reduction.
- Reviewed investment strategies, maximising returns.
- Negotiated favourable banking relationships to improve liquidity.
Internal Auditor
Internal Audit Department, Ministry of Finance
Mbabane
2015.07 - 2021.10
- Responsibilities:
- (1) Risk Management Responsibilities
- Ensure monitoring of risk register and any potential changes in environment to affect risk in government;
- Ensure risk division is providing sufficient support to risk owners to assist them to define and rate their risks
- Ensure risk assessments on government incidents and errors are being conducted
- Monitoring policies and procedures for appropriate risk measures
- Monitoring public and regulatory updates, and other policies and procedures in relation to these updates
- Ensure robust service provider due diligence is conducted from risk perspective.
- Draft papers and report to management of activity under review
- (2) Compliance Responsibilities
- Ensure that there is robust compliance framework including execution and monitoring of obligations register and any potential changes in environment to affect obligations
- Ensure that there is effective compliance testing program
- Assisting policy owners understand their compliance obligations and controls
- Ensure that framework for complaints, incidents and breaches for regulatory breaches is robust and in compliance with regulations
- Providing input on service provider due diligence
- Monitoring policies and procedures for appropriate compliance with government regulations
- Draft papers and report to management
- (3) Internal Audit Responsibilities
- Perform and control full audit cycle including risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directives and regulations
- Determine internal audit scope and develop annual plans
- Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc
- Prepare and present reports that reflect audit's results and document process
- Act as objective source of independent advice to ensure validity, legality and goal achievement
- Identify loopholes and recommend risk aversion measures and cost savings
- Maintain open communication with management and process owners, Document process and prepare audit findings memorandum, Conduct follow up audits to monitor management's interventions
- Engage to continuous knowledge development regarding public sector's rules, regulations, best practices, tools, techniques and performance standards
- Trained junior auditors on best practices for conducting effective and compliant audits, raising departmental standards.
Stores-keeper
NERCHEA- Swaziland posted at Central Medical Stores
Matsapha
2010.08 - 2015.06
- Provide Administrative support – this is middle management's position working closely with store man/store ladies, Orderlies, Clerks to ensure supply chain management of drugs and medical supplies across Health Institution in Swaziland
- Assisting in maintaining healthy, safe and productive working environment-making sure that all Warehouses are clean
- Receiving large consignment from suppliers and make necessary recordings e.g. Goods received note. Goods returns notes if medical supplies are not in good condition.
- Stock management using stock management software system – RX solution.
- Reconciliation of purchase orders making sure that every supplier completes orders before invoices and delivery notes are sent for payment to Accounting Department.
- Maintaining and Controlling of stock movements. from reservoirs to shelves for dispensing
- Bin allocation has been used for properly packing to make sure that stock control tools are used effectively e.g. FEFO method, and batching system to avoid expires and damages.
- Preparing Daily schedules for deliveries of drugs and medical supplies across Health Institution in Swaziland
- Report writing
Logistician and Home Stay Coordinator
United States Peace Corps - Swaziland
Mbabane
2009.05 - 2009.09
- Establishing and Maintaining Petty Cash Funds. Overseeing Reimbursement of funds.
- Collaboration with Training manager & Discussing weekly Cash Budget and Schedule.
- Refueling all Peace Corps vehicles and recording fuel consumption per Vehicle.
- Approving Credit and Cash Purchases; Negotiating with suppliers for cheap goods and services. Documenting all accounts related transactions; Maintaining and Controlling of stock movements; Marking wages control Accounts.
- Coordinating with host families to make sure that trainees & trainers stay well and secured; Keeping all Logistics of any activity takes place during training Period.
- Overseeing Home Stay Development.; Monitoring Peace Corps Car movements.
- Preparing Bi-weekly and final reports.
Education
CIA - Auditing Certification
Institute of Internal Auditors (IIA)
ESwatini Chapter 2025.05 -
Master's in Business Administration - Accounting and Finance
University of Swaziland
Matsapha 2018.06 - 2020.10
Bachelor of Commerce - Accounting and Finance
University of Swaziland
Matsapha 2013.06 - 2016.10
Diploma in Commerce - Business Part Time
University of Swaziland
Matsapha 2009.08 - 2013.10
Association of Accounting Technicians - AAT Level 3
Wesco Business Institute
Mbabane12.2007
Skills
- Professional
- Detailed knowledge to apply relevant legislation and regulatory requirements
- Governance practices and procedures-best practice
- Basic knowledge of Compliance and Risk Management
- Investigating and determining cause of irregularities and errors
- Proven ability to consistently make right decisions and judgments
- Good presentation skills
- Highly developed research skills
- Maintaining up to date knowledge of applicable state and accreditation standards
- Enterprise risk management tools
- Risk assessment software knowledge
- Testing and sampling methods
- Operational review
References
- Portia Dumsile, Mamba, Deputy Director - Technical, mambapd@gov.sz, 7606 3006, 24048247, Internal Audit Department, Ministry of Finance
- Musa, Malaza, Training Manager, malazam@uspeacecorps.org.sz, 76028528, 24220411, Training Department, United States Peace Corps-Swaziland
- Fortunate, Bhembe, Asst. Chief Pharmacist, bhembefortu@gov.sz, 7687 1217, 2518 4111, Central Medical Stores department, Ministry of Health
- N, Mdzelele, Masters’ Thesis Project Supervisor, nomsa@uniswa.sz, 7608 1473, University of Eswatini, Faculty of Commerce
Timeline
Internal audit manager
ESwatini Water and Agriculture Development Enterp
2025.05 - Current
CIA - Auditing Certification
Institute of Internal Auditors (IIA)
2025.05 -
Internal Audit Manager
National Disaster Management Agency
2021.11 - 2025.05
Master's in Business Administration - Accounting and Finance
University of Swaziland
2018.06 - 2020.10
Treasurer and financial controller
Evangelical Church Mbabane
2017.03 - 2023.04
Internal Auditor
Internal Audit Department, Ministry of Finance
2015.07 - 2021.10
Bachelor of Commerce - Accounting and Finance
University of Swaziland
2013.06 - 2016.10
Stores-keeper
NERCHEA- Swaziland posted at Central Medical Stores
2010.08 - 2015.06
Diploma in Commerce - Business Part Time
University of Swaziland
2009.08 - 2013.10
Logistician and Home Stay Coordinator
United States Peace Corps - Swaziland
2009.05 - 2009.09
Association of Accounting Technicians - AAT Level 3
Wesco Business Institute