ASHTON MASAWI
Harare
Summary
Seasoned Group Internal Auditor, holding comprehensive experience in internal audits, risk assessments, and control procedures. Possess strong aptitude for regulatory compliance and financial analysis coupled with proven leadership skills. Have consistently contributed to improved operational efficiency and effectiveness through critical evaluation of business processes, identification of process risks, and recommendations for corrective actions.
Overview
21
21
years of professional experience
Work History
Group Internal Auditor
CBZ Bank
Harare
06.2009 - Current
- Conducting financial and operational audits to assess the adequacy of internal controls.
- Analyzing business processes, identifying risks, and developing recommendations for improvement.
- Evaluating compliance with policies, procedures, laws, and regulations.
- Preparing detailed audit reports summarizing results of audit work performed.
- Assessing information systems security to ensure the protection of data assets.
- Reviewing accounting records to detect errors or irregularities in financial transactions.
- Developing risk-based annual audit plans based on the assessment of organizational objectives and risks.
- Investigating potential fraud incidents to determine root causes and develop corrective action plans.
- Performing follow-up reviews to ensure the implementation of corrective actions from prior audits.
- Conducting interviews with management personnel to obtain an understanding of business operations and internal controls.
- Coordinating external auditors' activities for specific areas under review.
- Identifying opportunities for process improvements that could result in cost savings or increased efficiency.
- Monitoring compliance with applicable laws, regulations and company policies and procedures.
- Ensure accurate documentation is maintained throughout the entire audit process.
- Drafting audit reports to display findings.
- Assessing potential risks, evaluating controls, and conducting compliance testing.
- Investigating discrepancies that were uncovered during audits.
- Performing testing of internal controls based on strict regulations.
Investments Securities Reconciliation Officer
Beverley Building Society
Harare
12.2008 - 04.2009
- Maintaining a register of Treasury bills.
- Providing reports on security maturities.
- Recording collateral securities secured against investments.
Rtgs Settlements Officer
Beverley Building Society
Harare
12.2005 - 05.2008
- Monitoring incoming and outgoing payments on the real-time gross settlement system.
- Preparing journals for incoming payments.
- Liaising with other banks on rejected payments.
Bank Teller, Retail Banking Division
Beverley Building Society
Harare
08.2003 - 12.2005
- Processed customer deposits and withdrawals accurately, balancing the cash drawer daily.
- Maintained confidentiality of bank records, transactions, and customer information.
- Provided exceptional customer service by answering inquiries, resolving complaints, and processing transactions on time.
- Verified customer signatures on documents and ensured the accuracy of all paperwork before submitting it for approval.
- Cross-sold bank products such as savings accounts and credit cards to existing clients.
- Identified suspicious activity on account holders' accounts and reported any discrepancies to the chief teller.
- Performed cash handling duties, including counting currency, coins, and checks.
- Balanced teller drawers regularly throughout the day according to established procedures.
- Handled large sums of money with accuracy while maintaining appropriate levels of security.
- Assisted other tellers during peak business hours as needed.
Customer Consultant, Retail Division
Beverley Building Society
Harare
01.2005 - 08.2005
- Answered incoming customer inquiries with a focus on providing exceptional customer service.
- Developed and maintained positive relationships with customers through efficient communication.
- Resolved customer issues in an efficient and timely manner, escalating when necessary.
- Verified accuracy of customer accounts by reviewing account information for changes or discrepancies.
- Educated customers on new products and services.
- Updated register with new and modified customer accounts.
- Receiving and issuing ATM cards.
Education
Master of Commerce - Forensic Auditing And Accounting
Midlands State University
Harare06-2024
Bachelor of Commerce (Honors) - Internal Auditing
Zimbabwe Open University
Harare12-2022
National Diploma - Accounting
Harare Polytechnic
Harare12-2003
Associate Diploma - Banking
Institute of Bankers of Zimbabwe
Harare11-2003
Diploma - Banking
Institute of Bankers of Zimbabwe
Harare12-2002
Skills
- Data Analytics
- Regulatory auditing
- Financial statement analysis
- Internal Controls assessments
- Risk-based auditing
- Audit Planning
- Fraud investigations
- Accounting Principles
- Report writing
- Risk management
- Operational Risk Management
- Fraud Risk Management
- Financial Accounting
- Financial Risk management
Accomplishments
Zimbabwe Open University-Overall Best Male Student 2022
AWARDED ZIMDEF BEST MALE STUDENT, HIS EXCELLENCY & CHANCELLOR'S AWARD.
Timeline
Group Internal Auditor
CBZ Bank
06.2009 - Current
Investments Securities Reconciliation Officer
Beverley Building Society
12.2008 - 04.2009
Rtgs Settlements Officer
Beverley Building Society
12.2005 - 05.2008
Customer Consultant, Retail Division
Beverley Building Society
01.2005 - 08.2005
Bank Teller, Retail Banking Division
Beverley Building Society
08.2003 - 12.2005
Master of Commerce - Forensic Auditing And Accounting
Midlands State University
Bachelor of Commerce (Honors) - Internal Auditing
Zimbabwe Open University
National Diploma - Accounting
Harare Polytechnic
Associate Diploma - Banking
Institute of Bankers of Zimbabwe
Diploma - Banking
Institute of Bankers of Zimbabwe
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