Job Description

Role Overview

The Forensic Auditor within the Corporate Internal Audit Team is responsible for identifying, investigating, and mitigating risks associated with financial irregularities, fraud, and compliance breaches. The role involves conducting thorough forensic audits, analysing complex data, and providing insights to support organizational integrity, regulatory compliance, and risk management efforts. National travel to the relevant branches may be required.

Key Responsibilities

Forensic Investigations

+ Conduct detailed investigations into allegations of fraud, corruption, or financial misconduct.
+ Gather, analyze, and interpret financial data and other evidence to uncover anomalies or irregularities.
+ Prepare accurate and comprehensive forensic audit reports for senior management and relevant stakeholders.

Risk Identification and Assessment

+ Identify vulnerabilities within financial systems, processes, or operations that could lead to fraud or non-compliance.
+ Collaborate with internal audit and risk management teams to recommend control enhancements.
+ Provide assistance to the internal audit team when required.

Evidence Management

+ Collect, organize, and secure evidence in compliance with legal and regulatory standards.
+ Assist in maintaining the chain of custody and preparing evidence for use in disciplinary actions, legal proceedings, or regulatory inquiries.

Data Analysis and Technology

+ Utilize advanced forensic tools and data analytics software to detect trends, anomalies, and red flags in large datasets.
+ Apply innovative methods, such as AI or machine learning, to strengthen fraud detection capabilities.

Compliance and Reporting

+ Ensure all investigations are conducted in accordance with legal, ethical, and organizational standards.
+ Liaise with external auditors, legal counsel, and regulatory bodies when necessary.

Training and Awareness

+ Deliver training sessions to employees and management to raise awareness of fraud risks and preventative measures.
+ Provide guidance on fraud prevention strategies and ethical decision-making.

Key Competencies and Skills

Technical Expertise

+ In-depth knowledge of forensic auditing methodologies, fraud detection techniques, and financial crime regulations.
+ Proficiency in forensic and data analysis software.

Analytical Thinking

+ Strong problem-solving skills with the ability to synthesize large volumes of data and identify patterns.
+ Detail-oriented with the ability to connect disparate pieces of information.

Communication Skills

+ Exceptional written and verbal communication skills to articulate findings clearly and concisely.
+ Ability to present complex technical information to non-technical audiences.

Ethical Judgment

+ High level of integrity and discretion when handling sensitive information and investigations.
+ Commitment to maintaining impartiality and professionalism throughout the audit process.

Collaboration and Influence

+ Ability to work effectively with cross-functional teams, including legal, compliance, and IT.
+ Skilled at influencing stakeholders and gaining buy-in for risk mitigation strategies.

Qualifications and Experience

Education

: Bachelor's degree in Accounting, Finance, or a related field; advanced degrees (e.g., MBA or Master's in Forensic Accounting) are a plus.

Certifications

: Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent credentials.

Experience

: + Minimum of 3-5 years of experience in forensic auditing, fraud investigation, or a related field.
+ Prior experience in corporate internal audit or a similar environment is highly desirable.

Key Performance Indicators (KPIs)

Number of successful fraud investigations conducted. Timeliness and accuracy of forensic audit reports. Reduction in financial irregularities and fraud incidents. Implementation rate of recommended fraud prevention measures. Stakeholder satisfaction with forensic audit outcomes.

This role is critical in safeguarding the organization's assets, ensuring compliance, and maintaining trust with stakeholders. The Forensic Auditor is expected to act as a vigilant defender of corporate integrity while driving continuous improvement in risk management practices.