Assistant Internal Audit Manager (Durban) at Hollywoodbets

With Hollywoodbets You Will:

• Innovate and create as part of a like-minded, authentic Team eager to achieve goals.
• Embrace challenges and the thrill of working in a vibrant and fast-paced industry.
• Grow with our development plans and culture that allows you to further your career.

You Bring:

• Computer literacy.
• Completed Degree, majoring in Auditing.
• Valid driver’s license, own transport and flexibility to travel.
• 1 - 2 years’ experience in leading and managing teams.
• 3 - 4 years’ Accounting/Internal Audit experience.
• Registered with an affiliated body (IIASA/ISACA).

A Bonus To Have:

• 2-3 years’ Administrative experience.

What You’ll Do For The Brand:

• Financial Metrics/Operational Duties:

Auditing:

• Review completed Internal Control Frameworks to ensure high quality, accurate and efficient audits.
• Complete risk assessment and rating of risk.
• Lead and manage audit assignments and team time/resources.
• Review documented outcomes from test of controls and relevant findings.
• Assess the effectiveness of controls and rate the residual risk accordingly.
• Identify gaps in process and related controls.
• Formulate recommendations, improvement areas where necessary.
• Address review queries timeously and accurately.
• Complete audit tasks and projects as allocated by the Managers within the set timeframes and deadlines.
• Apply sampling on the methodology and consult with the Manager when necessary/in doubt.
• Extrapolate errors identified in testing against the population as and when needed.
• Take ownership and accountability for allocated internal audits.
• Thoroughly and timely review findings and other investigative leads that potentially identify suspicious activity.
• Ensure that auditable transactions, processes, activities, and control systems are compliant with legislation, business policies, and procedures.
• Collaborate with team members across multiple divisions and departments.
• Submit a daily report detailing aspects of work completed and progress of the Junior/Senior Internal Auditor’s.
• Prepare related internal audit reporting for the audit area or related audit project.
• Address Senior Internal Audit Manager queries on the internal audit report timeously.
• Attend to adhoc tasks and projects as allocated from time to time by the Manager.

Reviewing and Reporting:

• Review the Internal Control Frameworks, audit findings and audit work of the Junior/Senior Internal Auditor.
• Assist and review application of sampling with the Junior/Senior Internal Auditor.
• Prepare related reporting for the audit area or related audit project.
• Address Senior and Group Internal Audit Manager queries on the report timeously.
• Direct, guide, supervise and train the Junior/Senior Internal Auditor.
• Identify gaps or opportunities for improvement with audit policies, procedures, and processes.
• Develop risk mitigation strategies including applicable internal controls.
• Thoroughly and timely reviews reports and other investigative leads that potentially identify suspicious activity.
• Lead teams to monitor, investigate and advise concerned parties by establishing clear accountabilities, roles, and responsibilities to manage the internal audit process.
• Oversee and implement an ongoing training program for other team members.
• Investigate any possible fraud and conclude accordingly.
• Remain up to date with procedure updates and related laws, regulations related to the overall group.
• Assist with operational procedure enhancement across the business processes.
• Execute effective sampling methods and extrapolation of findings

Skills:

• Analytical mindset and possess leadership qualities.
• Good communication and people management skills.
• Able to manage multiple engagements and deadlines.
• Strong drive to excel professionally and ability to guide and motivate team members.
• Strong written and verbal command of English.
• Establish, maintain and strengthen internal and external relationships.

People:

• Identify training as and when needed for Junior/Senior Internal Auditors.
• Promotion of a healthy and fair work environment.
• Adhere to the principles of an ethical, honest, transparent, fair work environment.
• Performance must be tracked by yourself, and the onus is placed on you to set-up performance review meetings with Manager.
• Conduct performance reviews of Junior/Senior Internal Auditor in conjunction with the Manager.
• Communicate in a professional manner.
• Comfort, direct, guide and supervise the Junior/Senior Internal Auditor.

Compliance, risk, and quality:

• Create, maintain and enforce company policies and procedures.
• Ensure compliance with Risk Management Framework.
• Ensure compliance with relevant laws, regulations, and affiliated professional standards.
• Ensure logical saving of all work, templates, etc. monthly and yearly such that each year’s financial records can stand on its own when enquiries/ investigations/audits take place.
• Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models/recons/audits - of which is substantiated by facts with no numbers in the formulas.
• Ensure the above (final version) and other documents are chronologically saved/backed up.
• Summarize the detailed daily findings on the designated software or relevant workbook and submit a daily report to the Senior and Group Internal Audit Manager.
• Effectively deal with internal, external, SARS, BEE, and any other auditor/regulatory/oversight body in the normal course of business.
• Report suspicious behavior and fraud findings immediately.
• Promote declaration of all gifts.
• Promote non acceptance of kickbacks. Instances to be reported immediately.
• Promote declaration all conflicts of interest upfront.
• Promote a culture of confidentiality within the business with regards to the protection of personal information.
• Promote the Code of Ethics (Integrity, Objectivity, Confidentiality and Competence).
• Ensure all personal information of employees, customers and suppliers and other stakeholders is not shared and is maintained in a secure environment.
• Stay updated with changes in the relevant industry and changes to relevant Acts/Regulations.

Growth and new markets/products:

• Source new products/innovations/robotics/artificial intelligence/predictive analysis/predictive analytics.
• Develop existing products/software.
• Ensure that measures are put in place and steps are taken to achieve short term, medium-term, long-term goals of the broader group.
• Assist with company projects or lead company projects as allocated from time to time

What You’ll Bring To The Team:

• Demonstrate excellent communication skills.
• Strong presentation skills and ability to maintain high energy levels.
• Demonstrate an exceptional level of customer service.
• Ability to coach, guide and mentor others.
• Demonstrate a strong sense of accountability.