vuma sikuncede

Level 2 Broad Based Black Economic Empowerment (BBBEE) Corporation

Allow Us To Help You

We have established ourselves in the Public Sector across Provincial Departments, Municipalities, Entities and International Donor Funders as well as the Private Sector as experts in the following fields:

Accounting

Our expertise, experience and service-commitment approach means your organisation’s financial reporting and accounting requirements will be effectively managed, prepared using a tried and tested methodology that has led to many organisations turning around audit opinions with our expert offering. 

Financial Turnaround

We pride ourselves in being solutions driven, providing insightful and practical financial turnaround solutions, applying SMART solutions fit to the organisation and environment. We help our clients realise the potential of their organisations, while adapting to the unique challenges of specific environments.

Taxation Compliance

We specialise in tax consulting and planning for corporate and individual taxes, ensuring all aspects of your tax needs are efficiently met accordingly to the latest SARS tax laws and updates throughout each financial year. We offer your organisation payroll planning and compliance reviews, VAT review and taxation advisory.

Performance Reporting

Our strategic experts provide direction and review across the strategic processes including policy, planning, reporting and audit interventions. Our solutions are set to ensure success within your organisation. 

Governance

With an increased emphasis on accountability, transparency and service delivery, we assist our clients develop sustainable sound business principals and control systems for effective service without compromising good corporate governance and legislative compliance.

Forensics

Our team includes members on the AGSA panel of Forensic experts panel, offering a broad range of forensic services across finance, supply chain and human resource. The team has a highly successful track record across South Africa and beyond into Africa.

Capital Assets & Infrastructure Governance

Our team has over 10 years relevant experience in all aspects of capital and infrastructure project management and governance. Projects include full process administration through to strategic planning and direction. Further assignments include assurance aspects, budgeting and cash flow management and contract management. Our project compliance and health check processes ensure a unique management tool becomes available allowing strategic direction and decision making.

WHY USE US?

Founded in June 2004 by the three current members in East London where its head office is still based, ensuring sustained expertise and relationships.

We have enjoyed tremendous growth over the years, which has allowed the company to create numerous employment opportunities and close business partnerships.

Resources within the network include Forensic Audit specialists, Legal and Supply Chain experts, Human Resource and Project Management practitioners.

Services

Provincial departments 

Local and District Municipalities | Agencies | Trading Entities 

Companies and Private Clients

Asset & liability financial reporting
  • Asset management compliance, systems and advisory
  • Compilation of financial disclosure source records
    including:
    • Fixed Assets and Leases
    • Accruals, payables, provisions and commitments
    • Receivables
    • Human resource information
  • SCM process reviews
  • Irregular expenditure review and condonation
    processes
Revenue enhancement management
  • Revenue systems design and implementation
  • Revenue risk assessment and action planning
  • Billing and collection process review
  • Revenue and receivable financial reporting
Immovable asset management advisory
  • Technical guidance and advisory
  • Policy review and development aligned to prescripts
  • Register compilation and review
  • Financial reporting including assets, work-in-progress and retentions
Performance process management
  • Performance reporting and management
  • Performance and financial reconciliations
  • Evidence based performance reviews
  • Indicator description and support development
  • Reporting quality review process and audit engagement
  • Performance policy development
Forensic Investigation
  • Human resource related case management
  • SCM review and case management
  • Commercial fraud investigations
  • Registered as preferred service providers with SIU and AGSA
Financial management & reporting
  • Financial record maintenance including source registers
  • Interim and in year financial reporting
  • Annual financial statement and file preparation
  • Financial statement quality review processes
  • Variance analysis reporting and review
  • Performance financial alignment
Project & program management
  • Project budget monitoring and financial reporting
  • DORA and Treasury mandatory reporting
  • Project file structure development/revision
  • Project file health checks and monitoring
  • Project prioritisation model development
  • Maintenance of Contract and Commitment registers
  • Mentoring and skills transfer
Organisation governance review & enhancement
  • Combined assurance strategy development
  • Internal audit effectiveness enhancement
  • Internal audit planning processes
  • Risk management assessments, planning & implementation
  • Audit intervention plan development, implementation & reporting
  • Audit process management and technical advisory
CFO & audit support
  • Financial policy review and SOP implementation
  • Internal and external audit intervention planning
  • Audit intervention plan monitoring and reporting
  • Compliance tool development
  • Process flow mapping
  • Finance staff mentoring and training (skills transfer)
Other professional services
  • Payroll management
  • Taxation structure, completion and audit
  • VAT reviews and investigation
  • Financial reporting auditing
  • Statutory bodies audit and agreed upon procedures
Our Team

Justin Emslie

Mr Justin Emslie is a Chartered Accountant (CA)(SA) and holds a Bachelor of Commerce with Accounting and Commercial Law majors. He completed his accounting Articles where he was exposed to extensive compliance, accounting and auditing work. He then worked in the United Kingdom for an accounting firm as a tax specialist.

He has gained extensive experience in financial and trust account auditing, financial statement preparation and analysis, corporate and individual taxation and due diligence exercises.

Justin specialises in compliance, performance and finance across private and public sector. He heads audit committees for various entity forms within the public sector.

Vusumzi Ngcaba

Vusi completed his Articles with Wiehahn Meyernel and Coopers & Lybrand where he was exposed to extensive accounting / auditing work of SMME’s, Corporates, Municipalities and Parastatals. He joined Magwa Tea Corporation and progressed to acting Finance Manager. His career took him to Eastern Cape Tourism Board as an Administration Manager and he served in various governance committees: Budget and Expenditure Committee, Capex Committee, Pension Fund Trustee and Comprehensive Insurance Portfolio Committee. Vusi extended his exposure to the Public Service Finance and administration, supporting various programmes like EC Provincial Treasury’s CFO Support, Monitoring and Evaluation of Implementing Agents, Pre-determined objectives performance monitoring, programme / project governance support and advisory.

Manie Reyneke

Manie joined the Office of the Auditor General, where he gained valuable experience auditing within public sector. He joined Buffalo City Municipality as an Accountant with focus on revenue management. 

Prior to forming his own practice, he gained private sector finance exposure during a spell at Sanlam as a financial planner. Manie then formed an accounting firm providing accounting, tax, and advisory services nationally and internationally.  

He has gained valuable experience in the field of Public Sector financial and performance systems and reporting as well as assurance and governance.  Specialised in revenue management and the treatment of infrastructure capital assets.

Recent Engagements

Contact Us
Contact us for all your accounting and compliance needs

Vuma Sikuncede

15 Stewart Drive, Baysville, East London
043 727 0093
info@vumasikuncede.co.za
Justin Emslie

justin@vumasikuncede.co.za
0824170844

Vusumzi Ngcaba

vusi@vumasikuncede.co.za
0782625169

Manie Reyneke

manie@vumasikuncede.co.za
0824936584