Internal Audit Specialist – Forensic Investigation (Gauteng) at Samancor Chrome

PURPOSE OF THE JOB

• To investigate alleged instances of fraud, bribery & corruption, irregularities, misconduct and provide advice in developing and enhancing anti-fraud management and compliance programs.

BALANCED SCORECARD PILLARS, ROLES AND RESPONSIBILITIES

SAFETY, HEALTH, ENVIRONMENT AND QUALITY

• Identify and assess level of issue-based risk exposures in area of responsibility by considering exposures to business, financial, legal issues, people, equipment, material, environment, processes, etc.
• Consider the level of risk, apply mitigation and implement control measures for residual risk (set objectives, minimum requirements, etc.)
• Manage SHEQ compliance within the Section through effective use of the Toolbox
• Utilise the Integrated Management System (IMS) to initiate, investigate and report SHEQ status.

PEOPLE 

• Ensure an enabling climate/culture.
• Manage performance against set targets and competencies.
• Manage personal development plan.
• Assist other Internal Audit Team members during complex projects or Investigations.
• Coach and counsel people to ensure improved performance levels.

CUSTOMERS

• Ensure customer satisfaction.
• Develop, maintain, and improve relationships with key internal and external stakeholders

BUSINESS PROCESSES 

Planning

• Prepare detailed analysis, planning and resource requirement to ensure the delivery of a high-quality investigation within established timeframes and budgets.

Execution

• Collect and interpret relevant documents, data, and financial records to obtain clues.
• Carry out analysis of obtained evidence and clues to determine possible persons of interest.
• Analyse data and documents to identify exculpatory or inculpatory evidence.
• Utilize various IT systems and accounting tools in detecting financial discrepancies.
• Interview persons of interest to obtain inculpatory or exculpatory evidence or leads.
• Accurately document and record of all interviews and overall investigative operations

Reporting

• Compile concise investigation report and present the findings to Management.
• Proffer recommendations to Management on ways to minimize risk of fraud.
• Solicit the Managements comments and actions plans to remedy identified findings/issues.
• Update the Tracker Report on the concluded investigation results/ findings

Collaborate

• Collaborate with legal authorities and other professionals for assistance to ensure the alleged incidents are properly and timely reviewed and concluded.
• Assist Management in ensuring that the recommendations / actions are implemented and where necessary reported to the Legal Authorities.
• Assist Business Unit Management with anti-fraud, bribery and corruption risk assessment to prevent fraud and to detect, mitigate and/or monitor fraud that has already occurred
• Liaise and coordinate with Business Units and Internal Auditors regrading investigations.
• Discuss key investigation findings identified during investigations and make suitable recommendations for improvement and/or corrective action.

Follow-Up on Investigations

• Monitor the implementation status of investigation findings, recommendations and agreed management action plans.

Quality

• Execute or assist in the completion of all investigation in accordance with ACFE and/or ICFP standards.
• Ensure investigations are conducted in accordance with ACFE and/or ICFP standards and code of ethics.

Continuous Improvement

• Improve the company’s fraud risk, governance, IT systems and control environment
• Maintain an up-to-date knowledge of trends on fraud as well as current tools and techniques employed in detecting fraudulent activities
• Develop detailed and up-to-date investigation procedures
• Continually promote the company’s Whistle Blowing Line.

GROWTH

• Contribute to the improvement of risk management and control systems.
• Develop/ enhance the Internal Audit systems/ controls and people.
• Manage Continuous Improvement through Operational Excellence.
• Advise Management on business, fraud risk, governance, and system improvement

SHAREHOLDER VALUE

• Manage and control the section costs 

BEHAVIOURAL COMPETENCIES

• Diligent, Analytical and Innovative
• Leadership
• Planning, Organising & Control
• Results Orientation
• Problem Solving & Decision Making
• Aligning Performance for Success
• Communication
• Change Leadership
• Building Strong Teams
• Business Acumen
• Safety Leadership

WORKPLACE COMPETENCIES

Skills:

• Microsoft Office programs
• Samancor Chrome Systems (IMS, EBMS, SAP, COUPA, MES)
• Managerial and conflict management skill.
• Information Technology investigation skills.
• Report writing skills.
• Interviewing skills.

Knowledge:

• Demonstrate comprehensive understanding of the fraud prevention, detection, and mitigation methodologies.
• Demonstrate knowledge and understanding to develop Investigation procedures.
• Know the computerised accounting and controls in SAP and Coupa
• Perform fraud related investigation and prepare the concise reports.
• Plan and execute investigations.
• Review working papers and evaluate the investigation evidence.
• Review and or prepare and present investigation reports.
• Knowledgeable in fraud risk management and control frameworks.
• Knowledgeable in relevant South African legislations, Generally Accepted Accounting Practices (GAAP) and International Financial Reporting Standards (IFRS)

Requirements

Minimum qualifications

• Honours Degree in Auditing or Bachelor of Commerce
• Certified Fraud examiner (CFE)/ Commercial Forensic Practitioner FP (SA) or
• 2 to 4 years’ relevant experience in Forensic Investigations and Fraud Risk Management

CLOSING DATE: 22 May 2023.