Loss Control Management Specialist at Airports Company South Africa

Job Description
Key Performance Output

The successful candidate will be reporting to the Senior Manager Security Risk Management, and will be responsible but not limited to the following:

• Develop and implement loss control framework and monitor the business irregular, fruitless and wasteful expenditure.
• Confirm whether irregular expenditure has been incurred or whether the incident was the result of non-compliance with legislation that did not relate to the incurrence of a financial transaction. 
• Ensure determination tests are performed to analyse particulars of the non-compliance to establish the facts and losses, if any, related to the transaction.
• Provide recommendations regarding possible recovery of losses from the responsible parties and/or other appropriate consequence management processes to be implemented in line with the PFMA.
• Standardize loss determination processes relating to the handling, accounting, and dealing with irregular, fruitless and wasteful expenditure.
• Confirm that no loss was incurred during the contravention of legislation and that value for money was achieved, the accounting officer or accounting authority must refer the matter related.
• Make input into the development and/or update the Policies and procedures for the Loss Control Function.
• Report non-compliance and obtain corrective actions from management to ensure compliance.
• Assist with organisational awareness through training and other initiatives on relevant policies, procedures, standards and controls.
• Build, support, and maintain healthy, diverse internal and external relationships to ensure achievement of organisational goals.
• Provide guidance on strengthening internal controls to prevent or mitigate future losses from irregular, fruitless and wasteful expenditure.
• Compile and submit condonations to National Treasury relating to irregular, fruitless and wasteful expenditure to comply with the frameworks.
• Ensure that a loss is recommended to the Chief Financial Officer for recovery in terms of the Debt Management Policy. 

Technical Skills and Experience

The following skills and experience or the equivalent of such will be required:

• A relevant Bachelors Degree in (Finance/SCM/Audit) is essential.
• 6 years' operational experience in SCM/Finance/Audit/ is essential.
• 2 years’ Management experience in SCM/Finance/Audit/ is Advantageous.
• Membership with CIPS, IIASA or SAICA will be an added advantage.
• Advanced proficiency in MS Office. 

Competencies 

• Goal and result orientated.
• Excellent communication skills.
• Provide useful and meaningful measures to monitor work processes.
• Set definite milestones and actions for achieving goals.
• Knowledge of public sector laws and regulations.
• Knowledge of Supply Chain Management, Information Management Systems, Procurement Principles and Practices.
• Knowledge of relevant legislation and applicable prescripts including BBBEE, CIDB, PPPFA, PFMA, PAIA, PAJA. 

Deadline:6th February,2026