Mr Philani Dlamini
Mr. Philani Dlamini, born in Pietermaritzburg in Kwa-Zulu Natal province, joined the Black Management Forum (BMF) on 1 July 2014 in the capacity of a Finance Director. He obtained his high school education and Senior Certificate from Bhekuximba High School. He holds a Bachelor of Accounting degree and a Bachelor of Commerce Honours degree - both obtained from UKZN. He is a qualified chartered accountant – CA (SA) as well as Certified Internal Auditor (CIA). He is a member of the South African Institute of Chartered Accountants (SAICA), The Institute of Internal Auditors South Africa (IIASA), Institute of Risk Management South Africa (IRMSA), Association for Advancement of Black Accountants of Southern Africa (ABASA) and of course Black Management Forum.
He started his career with PriceWaterhouseCoopers in Pietermaritzburg at the end of 1999 with whom he worked for 4 years and obtained his training as a chartered accountant. After the end of his contract, he joined TSB Sugar on 1st December 2003 in Malelane, Mpumalanga province, as Senior Internal Auditor and was later promoted to Internal Audit Manager in May 2005. In June 2008, he was seconded to a finance division as Finance Manager within the TSB Sugar group to help establish new companies and setup policies and procedures.
He relocated to Gauteng and joined the National Empowerment Fund (NEF) in October 2008 as an Internal Audit Manager. He then decided to expand his experience and left NEF as Head of Internal Audit.
Philani then joined Integrated Processing Solutions (IPS), a joint venture of Standard Bank South Africa and ABSA, on 1st December 2010 as Chief Risk Officer. On 1 September 2012, he was appointed as Chief Financial Officer (having acted in that position from 1 March 2012 to 31 August 2012).
Philani also serve as an Independent Non-Executive Audit Committee Member for Sizwe Medical Fund and is a Director of PhiKay Entertainment and Indoni SA Holding group of companies. He has also served in other roles such as Alternate Trustee and Trustee of Pension Funds (including as Chairperson). He is also a member of ABASA Bursary Committee.
His industry experience varies from Agriculture, Manufacturing, FMCG, Venture Capital, Banking, Payments, Public Sector, Medical Aid, Pension Funds and Entertainment. He has gained skills in the disciplines of Accounting & Bookkeeping, Budgeting & Forecasts, Business Continuity & Disaster Recovery Planning, Combined Assurance, Regulatory Compliance, Corporate Governance, Finance, Fraud Awareness, Whistleblowing and Hotline Management, International Financial Reporting Standards (IFRS), Internal Audit, Internal Controls, Management, Management Accounting, Project Management, Reporting, Risk Management, Scenario Planning, Strategic Planning, and Taxation.
His career highlights during various positions held include:
· Successful implementation of policies and procedures in his various positions which helped to improve internal control environment
· Introduction of Enterprise Risk Management through implementing Policies and Procedures, Strategic Risk Registers, Etc.
· Introduction of risk-based audit planning and combined assurance
· Introduction of co-sourced internal audit model which helped to reduce costs
· Participated in due diligence projects for acquisition of new companies
· Participated in projects for implementation of SAP ERP; SAP B1 and other systems
· Successful external audits and achieving Unqualified Audit Opinions while in finance