Onalethata Ngwanaamotho
Ghanzi,Botswana
Don't be afraid to fail, be afraid not to try
Michael Jordan
Summary
Internal Audit and Accounting professional versed in governance, internal controls, risk advisory and compliance management practices. Diligent about auditing records and maintaining compliance standards, experienced with strengths in process and procedure analysis for improved compliance. Drove strategy and delivered engagements within target timeframes through proactive planning and prioritization.
Overview
12
12
years of professional experience
7
7
years of post-secondary education
Work History
Senior Internal Auditor (Acting)
Government of Botswana, Ghanzi District Council
04.2022 - 12.2022
- Oversaw the functionality and productivity of the internal audit division and made recommendations that achieved targets and fulfilled deadlines and service level agreements.
- Lead the planning and execution of audit engagements to the Council's various departments which saw the Council develop a culture of compliance to operational procedures and statutory requirements.
- Coordinated departmental resources and reporting and undertook continuous monitoring to drive improvements, and formulated ways to cut costs and improve productivity of the department.
Internal Auditor
Government of Botswana, Ghanzi District Council
10.2019 - Current
- Draw up the annual Internal Audit Plan based on key risks and strategies to achieve the Council's operational efficiency.
- Manage end-to-end audit process from scoping to fieldwork and report writing ensuring full audit adequacy.
- Shape the internal audit strategy and methodology to meet Local Government strategic performance goals.
- Devise and implement internal audit policies(charter) and procedures in line with the International Standards for the Professional Practice of Internal Auditing.
- Perform audit procedures to evaluate and verify implementation of internal controls through testing and interacting with relevant Public Officers.
- Report on control deficiencies to the Audit Committee and senior management and made recommendations to mitigate risks and add value to the local government service delivery.
Quality Control Analyst
Bayport Financial Services Botswana
Gaborone
08.2016 - 09.2019
- Evaluated financial data to measure risk exposure and recommend solutions, and actioned credit requests from stakeholders, maintaining credit exposure within Bayport Financial Services' prescribed lending criteria and desirable risk appetite.
- Reviewed credit applications to assess compliance to credit policy and lending protocols, and developed credit repayment plans to preserve financial stability for the client, which led to Bayport Financial Services maintain its Client Protection Certification from Smart Certified Campaign since 2015.
- Tracked loans to gauge signs of financial distress or possible fraud, and investigated exposures to risks, proposing credit management framework that provided best resilience strategy for the business.
- Produced portfolio management reports in line with strategic factors such as fraud risk ,by which I uncovered a refunds fraud that went unnoticed in the years prior to my time at Bayport Financial Services, and led to a full investigation and full recovery of the embezzled funds.
Account Analyst(Part Contract/Internship)
Stanbic Bank Botswana
Gaborone
02.2012 - 11.2015
- Analyzed financial statements and made recommendations for credit evaluation, and produced Sales Tracking Reports and Credit Management Reports.
- Performed annual credit reviews and assessments for the Small Medium Enterprises(SME) portfolio, ensuring compliance to the Banks' credit policy, and adherence to the Code of Banking Practice.
- Monitored accounts daily for irregular activities and suspicious transactions to prevent fraud.
- Investigated suspected cases of AML-CFT and fraud liaising with the Risk & Compliance department, which helped the Bank comply to the AML reporting requirements
Education
Master of Science - Global Central Banking and Financial Regulation
07.2023 -
The Role of Banks and Financial Supervisory Authorities in Governing Sustainable Finance - Financial Regulation
01.2023 - 02.2023
Certified Internal Auditor -
01.2023 - 06.2024
Postgraduate Certificate - Enterprise Risk Management
06.2017 - 12.2018
Certificate of Proficiency in Short Term Insurance - Insurance
01.2015 - 06.2015
Bachelor of Business Administration - Banking & Finance
01.2007 - 12.2010
Skills
- IIA standards
- FCA audits
- Practice advisories
- Budget control
- Internal audit execution
- Fraud investigations
- Joint compliance reviews
- Great Plains familiarity
- Tax accounting specialization
- Risk assessments
- Problem-solving
- Time management
- Leadership
Affiliations
- Registered member of Botswana Institute of Chartered Accountants (BICA)
- Associate member of the Institute of Internal Auditors Botswana and IIA Global
- Associate member of the Association of Certified Fraud Examiners ACFE global
- Commonwealth Scholar; MSc Global Central Banking and Financial Regulation with Warwick Business School in collaboration with the Bank of England
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Warwick Business School-University of Warwick - Master of Science, Global Central Banking and Financial Regulation
07.2023 -
Asian Development Bank Institute - The Role of Banks and Financial Supervisory Authorities in Governing Sustainable Finance, Financial Regulation
01.2023 - 02.2023
Botswana Accountancy College - Certified Internal Auditor,
01.2023 - 06.2024
Senior Internal Auditor (Acting) - Government of Botswana, Ghanzi District Council
04.2022 - 12.2022
Internal Auditor - Government of Botswana, Ghanzi District Council
10.2019 - Current
Botswana Accountancy College - Postgraduate Certificate, Enterprise Risk Management
06.2017 - 12.2018
Quality Control Analyst - Bayport Financial Services Botswana
08.2016 - 09.2019
Botswana Accountancy College - Certificate of Proficiency in Short Term Insurance, Insurance
01.2015 - 06.2015
Account Analyst(Part Contract/Internship) - Stanbic Bank Botswana
02.2012 - 11.2015
University of Namibia - Bachelor of Business Administration, Banking & Finance
01.2007 - 12.2010
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