Interview with 2nd Year Trainee CA Zanethemba Malinga
Accountant Zanethemba Malinga doing her 2nd year of articles en route to becoming a CA(SA) |
Tell us a little
about yourself
I am Zanethemba Malinga from Pinetown in Kwa Zulu Natal. I
matriculated at St Francis College and then proceeded to do my tertiary
education at the University of Cape Town where I obtained my Bachelors in
Commerce specialising in Financial Accounting (CA option) degree. I then
obtained my Post Graduate Diploma in Accounting at the University of Kwa Zulu
Natal (Westville Campus).
I am currently in my second year of articles about to write
my second board exam in November.
You are a second year trainee CA on the road to getting a CA(SA) qualification, did you always want to be an accountant?
Chartered Accountancy was amongst the three options of
careers that I wanted to pursue after matric. I applied to do Engineering at
Wits as my father was pushing me towards that direction but I personally didn’t
enjoy physical sciences at all. I therefore had two other options Actuarial
Sciences and Accounting. I did Actuarial Sciences in my first year at
University and then I changed to accounting as Actuarial Science was not what I
expected it to be.
What did you study in university and what are the different ways one can become a Chartered accountant in SA?
Firstly, I studied BCOM Accounting in university as my
undergraduate degree. I then did my Post Graduate Diploma in Accounting as it
is a requirement in becoming a CA(SA).
The following are the other ways one can become a CA:
·
You can study part time through UNISA while
completing your articles.
·
If you have completed a degree, apart from an
Accounting related degree, you can do a conversion course for one year and then
after that one year you can go straight into PGDA provided that you pass the
conversion course. At the moment I only know of UCT that offer the conversion
course.
What did you enjoy the most about university?
Like any other student, I enjoyed the holidays and not
having to wake up for lectures because you could watch the recordings from the
comfort of your own room lol…
What were the biggest challenges for you in university?
My biggest challenge in University is the jump from
undergrad to post grad. This was the biggest jump of my life because of the adjustment
that was required. In undergrad I hardly attended lectures and I would catch up
quite easily just before the tests and exams. I couldn’t apply the same
strategy in Post grad, you miss a single day of lectures and tutorials catching
up would be a mission.
You work for a big 4 firm, what does that mean? As in what are the advantages of working for a big 4 firm instead of another type of accounting company?
It means great exposure to big clients in the industry which
looks really great on your CV.
Is the work you do what you expected when you were still a student?
As I started working as a first year, the work that I was
doing was not the work I was expecting to do when I started my CA journey. But
as the year progressed and got given more responsibility and more exposure to
the exciting work, the work became more interesting and even better than what I
had expected as a student.
After qualifying as a CA(SA) what are the possible career paths one can take?
There are a lot of career paths one could take, below I will
just list a few:
·
Financial manager at a company
·
Asset Management company
·
Private Equity
·
Assistant to the CFO
Do you have any tips or advice for anyone who wants to become a chartered accountant one day?
The journey to becoming a CA is not smooth sailing, there
are a lot of bumps on the road. All you need to do is persevere as it will all
be worth it one day. Some would say you should have done medicine as it takes
round about the same number of years to qualifying as CA(SA) but if you enjoy
numbers and working with people, as you get to meet interesting people at the
clients which increases your network and helps when it comes to building your
brand, then being a Chartered Accountant is the career path you should be
exploring.
Editors note: If you want to study to become a CA just because you grew up being told that it's a high paying job, you must know that it has one of the lowest starting salaries for a career where people start off with a post graduate qualification. Auditing firms where you will get the most experience pay you very little at first and companies in Johannesburg tend to pay better than companies in the rest of South Africa. At best you will start making serious money after 6 years.
Next: Interview with Dr Luke Sampson about medical school and internship
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Editors note: If you want to study to become a CA just because you grew up being told that it's a high paying job, you must know that it has one of the lowest starting salaries for a career where people start off with a post graduate qualification. Auditing firms where you will get the most experience pay you very little at first and companies in Johannesburg tend to pay better than companies in the rest of South Africa. At best you will start making serious money after 6 years.
Next: Interview with Dr Luke Sampson about medical school and internship
For more informative posts and interesting interviews like our Facebook Page so you never miss out and subscribe to our email list.