Corporate Audit Manager at Distell

Job description

Applications are invited for the above mentioned position in the Global Internal Audit Division based at Head Office in Stellenbosch. This position will report to the Head of Internal Audit Southern Africa.

Purpose Of The Position

The purpose of the function is to ensure delivery of risk-based assurance and consulting services mainly for the Group’s corporate environments, bring positive change that adds value and improves the company’s operations assisting it to accomplish its objectives.

Strategic

Key Performance Areas include, but are not limited to:

• Contribute to the development of a flexible risk-based Internal Audit plan which is aligned to strategy and is agile with respect to corporate audit environments.
• Assist in establishing policies and procedures, and frameworks to guide the Internal Audit activity with respect to corporate audits.
• Must be able to assess the impact on the current audit universe, audit plan and audit projects through effective continuous assessments of Distell’s control environment (including internal financial control, process controls, information technology, and risk management, and the interdependencies linked to this).
• Operational
• Effective performance of audits on both operational and financial controls (primarily corporate environments, e.g. Accounts Payable, Tax, Marketing, Sales, Costing, Innovation, etc).
• Manage, plan, prepare and independently conduct internal audits in line with the Group and Institute of Internal Auditors (IIA) International Professional Practices Frameworks (IPPF).
• Map end to end processes to identify and assess risks and controls.
• Identify key financial and process controls, execute testing of the design adequacy and effectiveness of controls, and developing and/ or updating risk-based audit programmes.
• Provide clear and sufficient audit evidence and working papers to support recommendations and audit opinion.
• Effectively formulate an audit opinion, based on the results of the work performed, ensuring it is an accurate reflection of the control environment being audit.
• Identify and clearly articulate the root cause of issues identified and impact thereof, and recommend changes to business processes that will address the control weaknesses.
• Incorporate data analytics to enhance audit planning and create efficiencies in audit fieldwork.
• Assist and recommend in establishing reporting mechanisms and frameworks to communicate audit findings with respect to corporate audits.
• Provide information on the status and results of the annual audit plan and the sufficiency of the audit resources with respect to corporate audits.
• Effective Leadership
• Assist the Internal Audit division to operate within budgetary costs parameters with respect to corporate audits.
• Effective management and review of the all activities within the audit cycle, from planning to reporting.
• Ensure teams conforms to relevant professional standards and principles with respect to corporate audits.
• Effective management over the team member’s performance and development assigned for the various audits.
• Proactively identify development and training needs of various team members.
• Perform ad hoc audit engagements when the need arises.
• Customer And Relationship Results
• Establish sound relationships with key stakeholders to ensure an understanding of strategies, tactics, objectives and initiatives.
• Innovation And Improvement
• Keep abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements and technology changes related to the internal audit environment.

The successful candidate must have the following qualification, skills and experience:

• Suitable tertiary degree in finance or accounting.
• CA (SA) or CIA.
• Minimum of 3 – 5 years audit related experience, preferably in the FMCG industry.
• Extensive experience with performing corporate internal audits (financial control and end to end process audits) will be advantageous.
• Superior communication, negotiation and persuasive skills, diplomatic and tactful, especially with business leaders.
• Sound sense of independence, responsibility, professionalism and show integrity and resilience in case of challenge or setback.
• Ability to work effectively as part of team and individually.
• Advanced Excel knowledge and SAP ERP, Barnowl, Aris Express/ Visio and ACL knowledge will be advantageous.
• Strong time management and organizational skills.
• Good analytical skills and ability to interpret various data, and
• Strong decision-making, problem-solving ability, business acumen and judgement.