Internal Control Data Specialist needed at The South African Breweries

Key Roles and Responsibilities:

Risk Mitigation and Compliance:

• Leveraging data, identify risks and develop recommendations to mitigate identified risks by proposing and implementing effective internal control
• measures and procedures.
• Ensure compliance with regulatory requirements, industry standards, company Control Frameworks, Delegation of Authority, and Policies through
• continuous monitoring and evaluation.

Controls Assessment and Process improvement:

• Conduct assessments of existing internal control systems and processes to identify weaknesses, risks, and compliance gaps.
• Analyze financial and operational data to evaluate the effectiveness and efficiency of internal controls.
• Collaborate with cross-functional teams (within and outside the Africa Zone) to identify opportunities for enhancing processes and controls to
• optimize operational efficiency.
• Implement improvements based on data analysis, risk assessment, and compliance objectives to enhance the effectiveness of internal controls.

Testing and Validation:

• Design and execute testing procedures to validate the effectiveness of internal control measures and ensure they are operating as intended.
• Document testing results and recommend corrective actions for identified deficiencies.
• Keep operational management and Internal Controls Lead appraised on the progress and any concerns to ensure delays are minimised and timelines
• are met.
• Communicate testing results, risk identified and quantification of risks timeously to process owners.
• Partner with operations to track, monitor and remediate process gaps.

Documentation and Reporting:

• Create and maintain comprehensive documentation of internal control processes, policies, and procedures.
• Generate and present periodic reports to management and stakeholders regarding the status of internal controls, risk assessment findings, and
• recommended actions.

Advisory and Consultation:

• Develop and conduct training programs for operations to increase awareness and understanding of internal controls, compliance requirements and the combined assurance approach.
• Provide guidance and support to departments to ensure compliance with Control Frameworks, Delegation of Authority, and Policies .
• Serve as an internal advisor to management and departments on matters related to internal controls, compliance, and risk management.
• Provide recommendations and guidance on best practices and industry standards to enhance internal control effectiveness.
• Collaborate with GRM and external auditors to optimise improvement opportunities.

Minimum Requirements:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Relevant certifications such as Certified Internal Auditor (CIA), Chartered Accountant (CA), or similar are beneficial.
• Previous experience in internal controls, auditing, risk management, or compliance (typically 3+ years) is preferred.
• Data Analytics (non-negotiable)
• Previous experience in Sarbanes Oxley (SOx).
• Proficient in using software and tools (SAP, PowerBi, SQL) for data analysis and documentation.
• Exposure to Fast Moving Consumer Goods (FMCG) sector preferred in the areas of manufacturing, distribution and finance would be advantageous.