Wencelacy Kudzayi Katuka
Harare,HRE
Summary
Internal Auditor with over 10 years of expertise in risk management and internal audit. Currently improving controls and implementing risk mitigation strategies at Gain Cash & Carry and Metro Hypermarket. Bachelor's degree in Accounting from the University of Zimbabwe, complemented by leadership development as a 2022 YALI Mandela Washington Fellow at the University of Texas at Austin. Dedicated to promoting integrity and profitability while providing actionable insights for economic growth.
Overview
12
12
years of professional experience
Work History
Internal Auditor
Gain Cash & Carry, Metro Hypermarket
Harare
10.2023 - Current
- Managed risk assessments and audit planning for Gain Cash and Carry and Metro Hypermarket branches
- Conducted branch and head office function audits.
- Oversaw daily stock counts, mid-month counts, and quarterly stocktake processes, including variance analysis.
- Facilitated quarterly training sessions for branch staff on Standard Operating Procedures.
- Developed and formulated comprehensive Standard Operating Procedures for the organization.
- Executed special investigative audits as assigned, identifying key risk areas.
- Authored internal audit reports with actionable recommendations to enhance internal controls.
Projects and Finance Manager
Simuka Comedy
Harare, HRE
10.2020 - 09.2023
- Conducted financial planning and analysis to evaluate costs versus revenues and identify key drivers.
- Administered budgets, processed invoices, managed accounts payable, payroll, and executed monthly cash reconciliations.
- Implemented and coordinated new programs, monitoring operations for effectiveness and efficiency.
- Managed project grants to ensure compliance with funding requirements.
- Organized over 500 comedy shows nationwide by collaborating with venue owners and promoters.
- Prepared, analyzed, and reported financial statements to the Board for informed decision-making.
Regional Internal Auditor
Gain Cash & Carry
Harare, HRE
11.2016 - 09.2020
- Managed risk and audit functions for 21 depot wholesale units, generating monthly revenue of $140K.
- Developed, reviewed, and amended Standard Operating Procedures (SOPs) to enhance operational efficiency.
- Conducted specific unit risk assessments and audit planning across all depot wholesale units.
- Performed internal audits with management and branch staff to address issues and implement recommendations.
- Planned month-end stock takes and allocated financial and human resources for effective costing.
- Ranked high-risk branches based on identified issues and reported findings to management monthly.
- Uncovered over $1,000,000 USD in fraud through comprehensive investigation audits.
Internal Auditor
National Foods Limited
Harare, HRE
04.2016 - 10.2016
- Assessed company risks and developed internal controls to mitigate potential threats.
- Conducted financial audits, ensuring compliance with Zimbabwean Revenue Authority regulations.
- Performed operational audits to evaluate efficiency of manufacturing and distribution processes.
- Assisted external auditors during National Foods June 2016 financial year-end audit.
- Trained depot staff and management on IT systems, professional ethics, and staff development initiatives.
- Exposed $35K branch fraud in first month of employment, enhancing organizational integrity.
Assistant Internal Auditor
Innscor Africa Limited
Harare, HRE
06.2015 - 03.2016
- Assisted in external audit for year-end 2015 by compiling documents and reconciling trial balances with general ledgers.
- Supervised year-end stock counts ensuring adherence to counting protocols for accuracy.
- Conducted VAT returns and income tax audits to verify compliance with ZIMRA and timely submissions.
- Executed financial audits by reviewing income statements, balance sheets, cash flow statements, and shareholder equity statements per IFRS guidelines.
- Performed asset verification through physical counts, tagging new assets, and reconciling discrepancies with the asset register.
Trainee Interanal Auditor (Industrial Attachment)
Innscor Africa Limited
Harare, HRE
06.2013 - 08.2014
- Conducted financial audits to ensure IFRS compliance through detailed examination of key statements.
- Performed operational and IT audits to detect risks and maintain data integrity via system controls.
- Executed health and safety audits, verifying adherence to NSSA and EMA requirements.
- Supervised divisional stock counts and reconciled cash, stock, and sales reports to identify variances.
- Supported year-end external audits and supplier assessments for sustainable business operations.
Education
Bachelor of Accountancy Honors Degree - Accounting
The University of Zimbabwe
Harare, Zimbabwe06-2015
Leadership in Business Certificate - Entrepreneurship
The University of Texas At Austin
Austin, Texas07-2022
Certificate in Civic Engagement - Civic Engagement Academy
The University of Georgia
Georgia, Athens12-2022
High School - Accounting And Finance
Nyanga High School Marist Brothers
Nyanga, Zimbabwe12-2010
Skills
- Risk assessment and internal controls
- Standard operating procedures
- Fraud investigation and identification
- Team leadership and staff training
- Audit reporting and financial analysis
- Attention to detail
- Regulatory compliance and data analytics
Community Volunteer Work
- Raincemba Publishing, Bulawayo, Zimbabwe, 06/2022-present, financial management training, and assistance with budgeting
- Simuka Comedy Academy, Harare, Zimbabwe, 06/2019-09/2023, trained aspiring comedians in joke writing and stage performance
- Central Texas Food Bank, Austin, Texas, US, 06/2022, assisting with food sorting and packing
Notable Achievements
- Led a team of 10 to 15 staff members, as well as over 100 project participants, under Simuka Comedy projects grants awarded.
- Member of the International Leadership Association, December 2022 to present
- Global Advisor – Harare Metro, Global Chamber, Scottdale Arizona, US; August 2022 to date.
- Managed over $70,000 in project grants, ensuring accountability and compliance with donor requirements.
- Member of the Institute of Internal Auditors, Zimbabwe, 2017, 2023 inactive
- Global Advisor, Harare Metro, Global Chamber, Scottdale, Arizona, 08/2022 to present
Honors and Awards
- Best performing employee for the month, Gain Cash & Carry and Metro Hypermarket Managing Director's prize, 05/2024, a prize awarded to monthly top excelling and value-adding performers within the organization
- Students' class representative, University of Zimbabwe, Accounting Information Systems class, 08/2012 to 06/2013, responsible for coordinating and facilitating communication between lecturers and students
- Leo Club Gentleman of the Month, 09/2009, Leo Club Nyanga High School Marist Brothers, awarded to students who possessed a strong work ethic, professionalism, and were team players
Hobbies and Interests
- Performing stand-up comedy and joke writing
- Peer networking
- Entreprenuership
References
- Clement Chale (ACCA), Audit Supervisor, Gain Cash & Carry, Metro Hypermarket, Block 2 Ground Floor, Tendeseka Office Park, Harare, Zimbabwe, clementch@gain.co.zw, +263 775 996 389
- Victor Mpofu (Doc Vikela), Co-Founder and Creative Director, Simuka Comedy, 17 Buckingham Road, Eastlea, Harare, docvikela@gmail.com, +263 772 875 384
- Elizabeth Jennings, Administrative Director, UT Austin Mandela Washington Fellowship for Young African Leaders, 2400 Nueces St, Austin, TX, 78705, elizabeth.jennings@austin.utexas.edu, +1 (325) 200-9266
Timeline
Internal Auditor
Gain Cash & Carry, Metro Hypermarket
10.2023 - Current
Projects and Finance Manager
Simuka Comedy
10.2020 - 09.2023
Regional Internal Auditor
Gain Cash & Carry
11.2016 - 09.2020
Internal Auditor
National Foods Limited
04.2016 - 10.2016
Assistant Internal Auditor
Innscor Africa Limited
06.2015 - 03.2016
Trainee Interanal Auditor (Industrial Attachment)
Innscor Africa Limited
06.2013 - 08.2014
Bachelor of Accountancy Honors Degree - Accounting
The University of Zimbabwe
Leadership in Business Certificate - Entrepreneurship
The University of Texas At Austin
Certificate in Civic Engagement - Civic Engagement Academy
The University of Georgia
High School - Accounting And Finance
Nyanga High School Marist Brothers
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