Michael Makale
Chief Audit Executive
Professional Overview
Michael Makale is an accomplished finance and audit executive with over 20 years of experience guiding organizations through complex operational and financial challenges. As the Chief Audit Executive at Oregon State Treasury, he oversees the strategic direction and execution of the organization's internal audit function, ensuring compliance, risk mitigation, and continuous process improvement.
Experience Summary
Current Role
As the Chief Audit Executive at Oregon State Treasury, Michael is responsible for leading the organization's internal audit division. In this role, he has implemented robust risk assessment and audit planning processes, enabling the treasury to identify and address potential vulnerabilities proactively. Michael's data-driven approach and ability to effectively communicate audit findings have resulted in the implementation of impactful control improvements and operational enhancements.
Career Progression
Prior to his current role, Michael held several senior finance and audit positions, including Chief Financial Officer at FSD Africa, Vice President of Internal Audit at WaFd Bank, and Chief Operating and Chief Financial Officer at the Investment Climate Facility for Africa. Throughout his career, he has consistently demonstrated his expertise in developing and leading high-performing teams, driving organizational transformation, and delivering measurable financial and operational improvements.
Academic Background
Michael holds a Master of Business Administration from the University of Washington and is a Certified Public Accountant (CPA). He has also completed advanced training in data analytics, cybersecurity, and enterprise risk management, further strengthening his ability to provide strategic insights and recommendations to his clients.
Areas of Expertise
- Internal audit and compliance
- Financial management and reporting
- Enterprise risk management
- Process improvement and optimization
- Data analytics and business intelligence
Professional Impact
During his tenure as CFO at FSD Africa, Michael led the organization's transition to a new ERP system, resulting in a 25% reduction in accounting and finance staff while improving data accuracy and reporting capabilities. As the Vice President of Internal Audit at WaFd Bank, he spearheaded the development of a comprehensive risk-based audit plan that identified and addressed critical vulnerabilities, ultimately enhancing the bank's overall risk posture.
Conclusion
With his extensive experience, technical expertise, and proven track record of delivering sustainable improvements, Michael Makale is a valuable asset to any organization seeking to strengthen its internal controls, mitigate risks, and enhance its overall financial and operational performance.
