"CFO Clean Audit" Irene Singo moves from the Department of Mineral Resources to transport industry.
Rofhiwa Irene Singo, who is popularly known as “CFO Clean Audit” has moved from the Department of Mineral Resources to the Cross-Border Road Transport agency (CBRTA), where she will serving as chief financial officer.
“I hope to learn about the regularity framework of the flow of of passengers and freight by road across regional borders.”
Irene hit the ground running on 2 January and had already attended exco and audit and risk committee meetings.
She also recently became a member of CIMA as an Associate of Cost and Management Accountants (ACMA), and Chartered Global Management Accountant (CGMA).
“I am excited about becoming a member of CIMA, as it will help me add value to the organisation.”
With regard to her departure from the Department of Mineral Resources, Irene said:
“I have been the CFO of the Department of Mineral Resources for five years, but it was time to move on and explore other industries. I have put processes in place which should take the department forward. I have also learned a lot about the mining industry and I have grown as a person.”
Irene has been instrumental in turning around the failing financial reporting at three public institutions and prides herself in having achieved these under very difficult conditions.
In an interview with CFO South Africa in 2014, Irene said she always knew she could do it and that “hard and smart working paid the price.”
Read more: A deeper look at “CFO Clean Audit”
Irene started her career in accounting by studying accounting at the Tshwane University of Technology. She then went back to her hometown, Thohoyandou, and worked in the local branch of Standard Bank.
In 1996 when she was working for the University of Venda, she enrolled for a BCompt degree with UNISA (University of South Africa) studying part time.
She then went to Pretoria, where she had the opportunity to do the articles with the Auditor General. However, because she had not yet completed her degree, she had to start at the Finance Department and later moved to auditing and training. During her articles she was shortly seconded to Deloitte for further accounting work, to maximise her exposure.
Irene worked for a period of time as a Group accountant in the private sector at Datacentrix, and then decided to join government. She was appointed director of finance in the Deeds Office and later on moved to the Department of Rural Development, where she spent the longest time and became acting CFO of this department.
In August 2013, she moved to the Department of Mineral Resources, where she was appointed CFO.