Kenneth Khosa

Execute SOX risk-based annual audit plan developed by the Geo Group Internal Audit department (Florida USA) which include the scope, nature, and timing of audit activities.

Execute

Internal audit controls and procedure designed by the Geo Group Internal audit department (Florida USA) Review the latest version of the narrative to determine if the process is operating as described in the narrative, through walkthrough test or walkthrough with the process owners.

Internal Auditor - South African Custodial Management/The Geo Group - Florida USA

(2008-06)

• Execute SOX risk-based annual audit plan developed by the Geo Group Internal Audit department (Florida USA) which include the scope, nature, and timing of audit activities.
• Execute Internal audit controls and procedure designed by the Geo Group Internal audit department (Florida USA)
• Review the latest version of the narrative to determine if the process is operating as described in the narrative, through walkthrough test or walkthrough with the process owners.
• Review developed risk and control matrix to verify if changes are required, key controls are valid and if there have any new controls identified that are not reflected in the RCM.
• Review each identified evidence of control as reflected on the RCM to verify if it is accurate, and if it lead to an assertion of effectiveness of the controls
• Very if there have any exceptions granted to anyone to bypass the process of internal control, (why were exception allowed, do exception indicate a gap).
• Stay abreast on usual and unusual events in the organisation that occur during the quarter that may indicated control gap.
• Review the associated polices and procedures and confirm if there were any changes in the last review which may affect the process documented and or internal control.
• Conduct internal audits to assess the adequacy, effective and efficiency of the internal controls and procedures.
• Conduct the quarterly internal control self-assessment on behalf of the Geo Group Internal Audit department (Florida USA) that is used by the Geo Group CFO to sign a statement in the 10-K that certifies that they have reported any significant changes that were made to the controls and any material weaknesses the company may have uncovered during the quarter.
• Review and execute the developed test plans (audit procedures) in line with RCM and conduct the quarterly Sarbanes Oxley testing including internal audit procedure in the in line with the RCM.
• Prepare information request addressed to the relevant process owners.
• Identify control weakness, design weakness and operating deficiencies and recommend remedial action.
• Score exceptions identified during control testing (deficiency, significant deficiency and material deficiency)
• Prepare quarterly SOX report to senior management/or External auditors.
• Carry out ad hoc training on risk management, internal control to staff when required.
• Comply with prescribed deadlines for SOX compliance requirement
• Document applicable working papers, hyperlink, reference and narrate applicable notes as evidence of work done.
• Document new process, update the RCM, and develop and execute test plans (audit procedures) for changes and addition or new system.
• Conduct ad hoc investigations and review as requested the senior management
• Ensure adequate controls over the disposal of assets
• Monitor inventory count for the organisation, Kitchen and Kiosk
• Analyse leave reports to ensure the leave records are accurate.
• Review secretarial and other statutory obligation for compliance
• Draft board resolutions to implement changes required by the board of directors and coordinate with the board secretary for execution and implementation.
• Implement required changes with CIPC and file annual returns
• Coordinate with the Geo Group legal department for compliance requirement.
• Prepare social and ethics committee reports in line with the company act.
• Exposed to IFRS’s, IAS, IIA, KING V, PFM, MFMA, Company Act

Assistant audit manager - H Moosa & Co

(2005-04 - 2008-06)

Conducted audit on behalf of the Office of the Auditor General to the following:

• SAMDI 04/05, 05/06, 06/07, 07/08
• City of Tshwane 05/06,06/07
• Obtaining knowledge of the client's business
• Obtaining and understanding of accounting systems and related internal control
• Performing risk assessment
• Determining planning materiality
• Review adequacy and compliance of implemented police and procedure.
• Developing an overall audit plan
• Performing tests of control
• Performing substantive testing
• Perform detailed analytical review e.g. current expenditure against the budget, current prior year.
• Conduct investigations relating to fraud and none-compliance to laws and regulations.
• Follow-up reviews
• Management reports (Draft audit queries, issue final audit queries, Evaluate responses of audit queries, draft management letters, draft audit report).
• Participate in the Audit Committee Meetings as well as the administration of Audit Steering Committee Meetings

National Diploma - Finance and Accounting (Public); Public Finance and Accounting III (PFMA & Treasury Regulation), Financial Accounting III, Pastel Accounting, Auditing III & IIA - Tshwane University of Technology (2004)

National higher certificate - Finance and Accounting (Public); Public Finance and Accounting II, Financial Accounting II, Auditing II & Corporate law II - Tshwane University of Technology

National certificate - Finance and Accounting (Public); Public Finance and Accounting I, Financial Accounting I, Public Management I, Communication I & End-User Computing I - Tshwane University of Technology

Senior Certificate - Tsonga HG C, English HG D, Accounting HG E, Business economics HG D, Economics HG C, Mathematics SG F, Typing SG F (35 wpm) - Khatisa High School (2000)