Head Of Internal Control & Assurance

Cape Town, Western Cape, South Africa

Job Description


:Job Purpose:As Head Internal Control & Assurance you will be accountable for establishing and maintaining a robust internal control environment that supports organizational objectives, enhances governance, and mitigates risks, ensure compliance with regulations and standards, safeguard assets, enhance the reliability of financial reporting and foster a culture of risk awareness and accountability.Dimensions:Number of employees reporting to role: 4 direct reports and working indirectly with Finance Managers and Finance Controllers across the groupNumber of Countries: 28Reports to: VP Accounting & ControlRequirements:Principal Accountabilities:

  • Lead and develop a team of highly motivated and skilled employees to deliver maximum impact in the organisation.
  • Own, develop, implement and maintain Control policies, financial risk matrices and mitigations frameworks
  • Own, develop, implement and maintain escalation frameworks, which ensures the timely escalation of key risks to appropriate levels of management
  • Own the monitoring and monthly reporting of the Group's control framework across finance and operational business areas (including MOA, SOX compliance)
  • Consolidate the preparation of the monthly dashboards on Finance metrics (Stocks dashboards, Goal Zero Checklist, Accounts reconciliation); identify key areas requiring business interventions
  • Leverage automation to improve the efficiency and effectiveness of control monitoring across the group
  • Recommend improvements to address root-causes of control deficiencies and advise the business, including senior management, in internal control / operational best practices & project manage improvement plans
  • Track control intervention action plans across the group, ensuring year on year improvement in financial risk management and process outcomes
  • Deliver clear concise reporting to articulate findings and impact to senior management and Board committees.
  • Conduct Business & Country control reviews (BCR and CSR), following an annual plan and report on findings after each review.
  • Track intervention plans and escalations, share best practices
  • Provide annual and ad hoc training on the control framework
Key Challenges:
  • Working across multiple operating units and teams
  • Ability to implement sustainable improvements, through effective engagement and collaboration
  • Strategic prioritisation of workplan and alignment with OU's and leadership
  • Working with diverse teams to solve gaps and deficiencies
  • Delivering through others
Job Knowledge, Skills & Experiences:Essential
  • ACCA / B Com Accounting / CIMA / CIA or equivalent
  • 7-10 years of experience in a Finance function with 5 years' experience financial risk management
  • Ability to work in a multi-cultural environment
  • Proven track record of delivering year on year control improvement across multiple countries and process areas
Desirable (if required)
  • Downstream Oil and Gas experience
Competencies:
  • Leadership: Lead by example, inspire others and build a culture of continuous improvement
  • Effective Communicator and Influencer: Strong verbal and written communication, with excellent influencing and stakeholder management skills
  • Accounting and Control: Understanding key financial processes and risks
  • Internal Control and Risk governance: Providing advice and assurance on key risks across the group
  • Planning and Prioritisation: able to prioritize multiple tasks to meet tight deadlines
  • Analytical: an eye for detail, able to quickly understand key operational processes, systems, and technology
  • Proactive approach: with the resilience and flexibility to adapt to changing circumstances and priorities
  • Innovation: Identify and implement innovative solutions to complex problems

Vivo Energy

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Job Detail

  • Job Id
    JD1395527
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Cape Town, Western Cape, South Africa
  • Education
    Not mentioned