|Company||Blue Label Distribution|
|Location||Sandton, Gauteng, South Africa|
At Blue Label Distribution, our brand philosophy is that we can create and distribute anything that is able to be digitized. Our Blu-approved brand is the face of our service offering and is underpinned by a world-class technology platform for both online and offline commerce. With a point of sale network of approximately 150 000 devices, we provide a distribution footprint across all income groups. 85% of our income comes from merchants in the informal sector
This role will be responsible for operational and financial audits across the SA Distribution businesses. This will include the planning and
scheduling of audits with external companies, internal staff and coordinating all the teams and requests. Initially this role will work closely with the various functions to evaluate operational and functional controls and define processes and measures to mitigate risk. This will include identifying and reducing all business, operational and financial risks through the effective implementation and monitoring of controls. The individual will perform regular independent financial and operational management audits in accordance with external audit guidelines, to identify exceptions to operating procedures and standards and provide relevant reports in relation to findings with proposed process and methods to mitigate the identified risks, including identifying the reasons for their occurrence and develop specific solutions or recommendations to achieve compliance and assist with implementation thereof.
Present monthly reports on above investigations to Head of Risk and Compliance for Blue Label Telecoms and CEO and CFO SA Distribution.
Functional Strategy Formation
Develop and implement an Internal audit strategy for SA Distribution, through specialist expertise and insights, to ensure that the strategy meets business needs.
Lead the planning and execution of external and internal audit activities across SA Distribution, ensuring that the level of audit intervention is commensurate with business risk and that key areas of risk are prioritized. Manage all resources to deliver on time audit reporting and commentary to be given to Group Risk and Compliance.
Address control gaps identified on the Internal audit report, to close out any significant risks and gaps already identified.
Identify organization-wide issues, proposing appropriate business process or system improvements.
Develop individual internal audit plans and detailed scope, deliver the fieldwork, report findings and opinions, agree on corrective actions with process owners, and refer serious or contentious issues to line managers.
Ensure that relevant governance committees are informed of significant issues and the actions being taken to resolve these.
Financial Policies, Guidelines, and Protocols
Develop, implement and maintain internal audit policies and procedures in accordance with local and international best practice across SA Distribution. This position will require a hands-on approach.
Identify and reduce all business and financial risks through effective implementation and monitoring of controls.
Ensure that business activities within the area of responsibility comply with relevant external regulatory and/or voluntary codes to minimize business risk and to protect the reputation of the organization.
Identify, within different business units and subsidiaries, instances of non-compliance with the organization's policies and procedures and operational processes, reporting on a monthly basis on any issues regarding non-compliance to the head of risk of Blue Label Telecoms.
Information and Business Advice
Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.
Set an example through personal quality and productivity standards and ways of working with others.
Demonstrate abilities to anticipate and manage change. Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organisational and team needs.
Plans and Aligns
Builds Effective Teams
University / Post Graduate qualification
CA (SA) advantageous
Minimum 6 years' extensive auditing experience
Experience within an auditing firm or as an Internal Audit Manager
|Job Closing Date||14/06/2021|