Management Manager

MARCO SCHALK VAN DER MERWE

ACMA / CGMA / CIA / CFSA / BCompt

** ******** **** ********, ********, Midstream Estates +27(0)82 462 9371

**********@*****.*** Linkedin Profile

Experienced Internal Audit Manager with a demonstrated history of working in the Insurance industry. Skilled in Audit (Internal and External), Cost and Management accounting and data and business analytics (SQL, Tableau, Alteryx). Strong accounting professional with an ACMA from CIMA and both CIA and CFSA designations focused in Insurance from the Institute of Internal Auditors.

EXPERIENCE

01 OCTOBER 2013 – CURRENT

AUDIT PORTFOLIO MANAGER – SOUTHERN AFRICAN OPERATIONS, OUTsurance Holdings (limited)

Key Duties/Activities and Responsibilities include:

Management of staff (+-13 staff members) including motivation of staff, performance management and career & professional advancement, as well as time management and cost monitoring;

Responsible for annual audit planning (over 1,2 and 3 years) including budgeting;

Responsible for maintenance and updating of Group IA methodology;

Management of individual audits on Group companies’ internal controls and any weaknesses identified – these varied from scheduled risk based audits to client and Regulator requested reviews;

(Audits varies between operational, financial, regulatory, compliance, IT and special audits)

Tasked with reviewing of all audit work performed;

Tasked with drafting and review of audit reports including recommendations on findings to management;

Tasked with facilitating and chairing of meetings with clients and stakeholders during planning, execution and reporting phase;

Management of tracking of audit findings and follow up of agreed management actions;

Performed internal audits in accordance with company policies and procedures and statutes of the IIA and approved methodology – OUTsurance GIA has a General Conformance rating;

Maintaining a healthy working relationship with management and staff;

Instrumental in implementing a Combined Assurance Forum between all three lines of defenses assurance providers within the Southern African operations;

Reported to the Internal Risk Committee of the Group as well as the Audit Committee of the Group. Prepared and reviewed audit packs for Board meetings;

Various ad-hoc requests and special projects from the CAE and senior management; and

This included audit work performed in South Africa and Australia with significant reliance on work performed by Regulators and other external stakeholders.

01 OCTOBER 2011 – 30 SEPTEMBER 2013

SENIOR INTERNAL AUDITOR, OUTsurance Holdings (limited)

Key Duties/Activities and Responsibilities include:

Performed internal audits in accordance with company policies and procedures and statutes of the IIA and approved methodology – OUTsurance GIA has a General Conformance rating;

Performance and sometime management of individual audits on Group companies’ internal controls and any weaknesses identified – these varied from scheduled risk based audits to client and Regulator requested reviews;

(Audits varies between operational, financial, regulatory, compliance, and special audits)

Tasked with reviewing of audit work performed by junior team members;

Tasked with drafting and review of audit reports including recommendations on findings to management;

Tasked with facilitating and chairing of meetings with clients and stakeholders during planning, execution and reporting phase;

Tracking of audit findings and follow up of agreed management actions; and

Maintaining a healthy working relationship with management and fellow staff.

Reason for leaving: Promoted

01 OCTOBER 2008 – 30 SEPTEMBER 2011

GROUP FINANCIAL ANALYST, Namib management services (PTY) LTD

Key Duties/Activities and Responsibilities include:

Perform the yearly consolidation of Group financial statements for external audit as part of the Group finance team;

Operational efficiency reports on a quarterly basis as it relates to measuring milling efficiencies and effectiveness;

Gathering and reviewing monthly financial results and working capital reports from subsidiaries to provide senior management with relevant information for decision making purposes;

Assist in yearly Group budgets preparation through aggregation and review of the relevant numbers;

Internal audit and due diligence audits as required;

Manage the IT support external service providers of the company;

System Administrator of the newly implemented Management Information System – Tagetik – assisted in setting up the system as well as installing the program at all subsidiaries;

Assist the Group Procurement Department with any relevant tasks - for example a feasibility study regarding locations for new storage facilities;

Member of the Group’s Sustainability Reporting and Best Operating Practices team – setting up and creating templates and reviewing information on a monthly and quarterly basis;

Review and recommendations for cash reserves utilization;

Review of financial and other indicators of Peers in the industry as well as Key Economic Ratios for use by senior management to make financial decisions;

Drafting of various Policies for the Group – for example Accounting Policies and Procedures to assist accounting teams to perform their duties;

Drafting of fact sheets and information gathering on stakeholders on Peers in the industry as well as suppliers and customers;

Cost of Capital reviews to ensure Shareholder is still receiving value; and

Valuation of subsidiary companies and analysis of business interests of the Group to provide shareholder with necessary information needed to make educated strategic decisions.

Reason for leaving: Retrenched

01 JANUARY 2007 – 30 SEPTEMBER 2008

INTERNAL AUDITOR, Namib management services (PTY) LTD

Key Duties/Activities and Responsibilities include:

Performed internal audits in accordance with company policies and procedures and statutes of the IIA and approved methodology;

Performance of individual audits on Group companies’ internal controls and any weaknesses identified;

(Audits varies between operational, financial and special audits)

Tasked with drafting and review of audit reports including recommendations on findings to management;

Tasked with presenting findings at meetings with clients and stakeholders during reporting phase;

Tracking of audit findings and follow up of agreed management actions; and

Maintaining a healthy working relationship with management and fellow staff.

Reason for leaving: Promoted into newly formed position.

01 JANUARY 2006 – 31 DECEMBER 2006

ACCOUNTING MANAGER, watermans chartered accountants

Key Duties/Activities and Responsibilities include:

Management of accounting department with staff complement of two accountants;

Generating management accounts for clients including those with off-shore holding entities;

Generating audit packs and PBC files for clients’ audits; and

Day-to-day management of clients’ financial affairs which included:

oMaking payments to vendors

oSubmission and payment of statutory returns (PAYE/SDL/VAT/Provisional Tax)

oCapturing of source documentation to ledger

oGenerating Trial Balance, Income Statement and Balance Sheet for clients

oAttended and conducted stock takes for clients

oAnnual taxation submissions

Reason for leaving: Decided to pursue Internal Audit opportunity that became available.

01 OCTOBER 2003 – 31 DECEMBER 2005

ARTICLE CLERK, watermans chartered accountants

Key Duties/Activities and Responsibilities include:

Auditing responsibilities included:

oPlanning for & setting up of audit program

oAuditing of the critical objectives in accordance with International Standards in Auditing

oAnnual report review

oLiaising with other internal divisions if required

oCompiling and reviewing company and consolidated annual financial statements ensuring compliance to SA GAAP/IFRS

Client consultations & providing tax & secretarial advisory services;

Maintaining close working relationship with Engagement Partner(s) on all audit matters and ensuring all duties were performed in compliance with company policies & procedures;

Report on any material weakness of internal control or issues able to impact on audit opinion on set of Financial Statements; and

Contribute towards commercial management & business developments as required.

Reason for leaving: Article contract ended and was promoted to Accounting Manager.

01 JANUARY 2003 – 30 SEPTEMBER 2003

ARTICLE CLERK, CILLIERS AUDITORS

Key Duties/Activities and Responsibilities include:

Auditing responsibilities as listed above.

Reason for leaving: Company was unable to provide necessary exposure and learning opportunities.

01 JULY 2001 – 31 DECEMBER 2002

ARTICLE CLERK, ALDRIGHETTI & ASSOCIATES

Key Duties/Activities and Responsibilities include:

Auditing responsibilities as listed above.

Reason for leaving: Company was unable to provide necessary exposure and learning opportunities.

EDUCATION

AUGUST TO DECEMBER 2018

NANODEGREE – PREDICTIVE ANALYTICS FOR BUSINESS, Udacity HTTPS://WWW.UDACITY.COM/

In this program, I'm learning to apply predictive analytics and business intelligence to solve real-world business problems. I’ll do so by building fluency in two leading software packages: Alteryx, a tool that enables one to prepare and analyze data quickly; and Tableau, a powerful data visualization tool. Upon graduating from the program,

Project based, hands-on learning.

JANUARY TO MAY 2018

NANODEGREE – DATA FOUNDATIONS, Udacity HTTPS://WWW.UDACITY.COM/

In this program, I've learned how to turn data into insights. Learned how to analyze data using statistics and spreadsheets, query a database using SQL, and create useful data visualizations with Tableau.

Project based, hands-on learning.

JANUARY - DECEMBER 2017

SHORT LEARNING PROGRAM – INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT, University of South Africa (UNISA) WWW.UNISA.AC.ZA

The purpose of this program is to introduce individuals within the corporate, financial and non-financial institutions to the field of investment analysis and portfolio management. The program consists of the investment background, analysis of equities, fixed income securities and derivative instruments as well as ethics and taxation in the investment field.

Passed all 5 modules on first attempt with 2 distinctions.

JANUARY – DECEMBER 2014

CERTIFIED FINANCIAL SERVICES AUDITOR - SPECIALISATION INSURANCE (CFSA), Institute of Internal Auditors (IIA) WWW.IIASA.ORG.ZA

The Certified Financial Services Auditor (CFSA) is a valued specialty certification for audit professionals working in banking, lending, and investing service organizations, including insurance companies, security and commodity services, credit agencies, and financial services regulatory agencies.

Passed first time.

JANUARY 2008 – DECEMBER 2009

CHARTERED MANAGEMENT ACCOUNTANT (ACMA), chartered institute of management accountants (CIMA) HTTPS://WWW.CIMAGLOBAL.COM/

As accountants in business, management accountants need to understand how businesses operate, how they are managed, how people work together and how strategy is formulated.

They also need to be able to provide the analysis which managers need to understand the economics of a businesses’ operations, to manage performance and to manage risk. These capabilities are in addition to the core technical financial accounting skills expected of a professional accountant.

Passed Strategic Level and TOPCIMA first time.

JANUARY – DECEMBER 2007

CERTIFIED INTERNAL AUDITOR (CIA), Institute of Internal Auditors (IIA) WWW.IIASA.ORG.ZA

Certified Internal Auditor (CIA) is a certification offered to accountants who conduct internal audits. The Certified Internal Auditor designation is conferred by the Institute of Internal Auditors (IIA) and is the only such credential that is accepted worldwide.

Passed first time.

JUNE 2006

BACHELOR OF ACCOUNTING SCIENCE (BCOMPT), university of south africa (UNISA) WWW.UNISA.AC.ZA

Majors: Accounting, Auditing, Management Accounting and Taxation.

DECEMBER 1998

MATRICULATED, Uitsig High School

Subjects: Accounting, Business Economics, Mathematics, Biology, Computer Science, English (2nd language), Afrikaans (1st language).

SKILLS

Experienced Internal Auditor

Analytical thinker

Proficient in Microsoft Office

Intermediate SQL and Tableau skills

Fluent in English and Afrikaans. Intermediate Portuguese speaker.

Attention to detail

Team player

Good communicator

Beginner level Alteryx user

ACTIVITIES

Personal Interests:

Brazilian Jiu-Jitsu Practitioner – Blue belt

Sport in general: specifically rugby and cricket

Reading and traveling

Music – playing bass guitar

Contact this candidate