He completed his articles with Ernst & Young, with a primary focus on the manufacturing, retail, media and public sector. He is currently employed as a Group Internal Auditor at First Rand Limited focusing on Investment Banking Division and Global Markets. He previously held the role of Financial Accountant at Rand Merchant Bank (RMB) Global Markets Division Consolidation Team, and that of a lecturer at Midrand Graduate Institute. Phumzo is also currently pursuing his CFA charter, with the CFA Institute.