Financial Inspector (Two- Year Fixed Term Contract Renewable) - WCLA 13/2023 at Western Cape Liquor Authority

Requirements:

• Relevant NQF 7 qualification - Degree in Finance with Accounting as a major
• Minimum 3 years’ relevant experience, preferably in an audit, analytical, forensic, investigation and/or regulatory environment
• Valid Driver’s License (with no vehicle restrictions)

Experience and competencies which will be advantageous:

• Relevant NQF 8 qualification - Degree in Finance with Accounting as a major
• Understanding of legislation regulating the licensing of the liquor industry in South Africa
• Accounting working experience (practical experience)

Key performance areas:

• Planning for financial inspections
• Assist with the compilation of financial inspection plans
• Obtain knowledge of the licence holders
• Obtain an understanding of internal control systems of off-consumption and on-consumption licensees, including accounting and reporting procedures and any other procedures or systems, whether computerised or not
• Compile system descriptions (Business processes) with the minimum internal control systems of off-consumption and on-consumption licensees, including accounting and reporting procedures and any other procedures or systems (whether computerised or not) that would enable the annual declaration of volumes and turnover data to the Authority
• Compile system descriptions (Business processes) the minimum internal control systems, including accounting and reporting procedures and any other procedures or systems (whether computerised or not) that would enable the Authority to receive, store, process and analyse annual declaration of volumes and turnover data submitted by off-consumption premises
• Perform walk through test inspections and perform test of controls at licenced premises
• Compile sampling worksheet for the licence holders to be inspected and sales transactions to be inspected
• Execution of financial inspections
• Conduct random routine compliance inspections in terms of section 60 of the Act and WCL Regulation 27
• Conduct enquiries and interviews with all relevant parties
• Issues requests for volume and turn over data (record or other document) in terms of section 74(1)(b) of the Act
• Enter, search or inspect licenced premises in terms of section 75(4A) of the Act to obtain volume and turn over data (record or other document)
• Collecting, recording and safe keeping of data and information obtained during inspections
• Ensure all evidence procedures are in line with all applicable legislation, financial inspection methodology and standard operating procedures
• Undertake intelligence driven operations with external role players (e.g. SAPS, SARS and other law enforcement agencies)
• Carry out search and seizure activities in according with the Liquor Act 4 2008 and CPA
• Ensure that joint enforcement operations are conducted within the ambit of the Liquor Act 4 of 2008 as amended, and all other applicable legislation, financial inspection methodology and standard operating procedures
• Issue compliance notices
• Ensure that compliance notices issued are followed up
• Issue Regulation 37A Notices
• Co-ordination of activities in respect of investigators interactions with Licence Holders at their respective sites
• Meetings arranged timeously, ensure that relevant role-players available, set agenda highlighting discussion points
• Attend arranged meetings along with Inspectors where possible
• Communication throughout the financial inspection
• When liaising with licence holders, Inspectors are to ensure that correspondence /communication is professional, courteous and to the point
• Written queries from applicants are dealt with or at least acknowledged within one week of receipt
• Interviews/site visits are arranged well in advance and the person to be interviewed is made fully aware of the purpose of the interview
• Continuously inform Senior Financial Inspector on the progress of investigations, anticipated risks, significant events and developments
• Regular communication with relevant role-players in respect of area of responsibility
• Promptly follow-up on all instances of non-compliance, anticipated risks and other areas of concern with relevant licence holders
• At all times promotes a positive image of the Authority
• Ensure that licence holders are appropriately informed regarding the outcomes of decisions taken in respect of such licence holder
• Compliance Intelligence Gathering and analysis
• Assist in the gathering of information and compilation of financial statistics on all licensed premises
• Assist in the gathering and compilation of statistics of non-compliance/contravention trends relating to financial matters
• Store, process and analyse volumes and turnover data from on and off consumption licensees to conduct an ongoing study of and investigation into
• a) the retail liquor trade and micro-manufacturing of liquor throughout the Province and elsewhere in order to ascertain whether there are any deficiencies in this Act and to discover any abuses or violations of the procedures contained in this Act; and
• b) reducing the socio-economic and other costs associated with the abuse of liquor
• Model the volumes and turnover data to categories into different segmentation options for the on and off consumption licensees for the purposes of implementing and maintaining a differentiated pricing strategy and other differentiated regulatory methodologies
• Draft recommendations on differentiated pricing strategy and other differentiated regulatory methodologies
• Reporting and information management
• Monitoring and evaluation of interventions
• Reporting and drafting recommendations for future interventions
• Ensure submission of an analysis of performance to indicate where challenges are experienced and what interventions will be implemented in order to address challenges
• Compile reports on all findings/ inspections and operations completed
• Compile report for submission to the Senior Financial Inspector and LLA/LLT
• Tribunal/Court Proceedings
• Testify in LLT hearings
• Testify in criminal court cases
• Follow up of criminal cases Manage the loss control process

 
Knowledge:

• Working knowledge of relevant industry legislation and regulations, e.g. Western Cape Liquor Act, POPI, PAJA, PAIA
• Working knowledge of relevant Public Sector legislation, e.g. PFMA, National and Provincial Treasury Regulations, Administrative Law
• Working understanding of standard of Generally Recognised Accounting Practice (GRAP) and International Financial Reporting Standards (IFRS)
• Working understanding of International Accounting Standard 2 Inventories (IAS 2)
• Working knowledge of HRM, Risk management, Project management
• Strong understanding of and a strong commitment to good corporate governance – especially King IV.

 
Skills:

• High level of report writing skills
• Strong analytical and systematic problem-solving skills
• Ability to thrive in a fast-paced environment managing multiple projects and tight deadlines
• Exceptional interpersonal, communication, writing, reporting and presentation skills
• Ability to function independently and within a team
• Computer literacy plus advanced proficiency in MS Office