Risk Manager - Umhlanga, South Africa - Arivu Recruitment and Consulting

Arivu Recruitment and Consulting

Verified Company

Umhlanga, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

My client in Umhlanga is currently looking for a suitably qualified person for the position of a
Risk Manager within the
Finance Department.

The position reports to the
Finance HeadThe successful incumbent will be responsible for ensuring adequacy and effectiveness of policies, procedures, and controls within the financial and business processes within ISSA so that Enterprise Risk Management is performed.

Key performance areas:

Maintain internal control over Financial Reporting environment
Manage business process flow updates, including performing financial risk assessments and designing new internal control environments
Review the execution of controls on a periodic basis while supporting timely remediation of control deficienciesTrain and perform refresher training and onboarding on FCFQ requirements.
Perform financial risk assessments on key projects
Collaborate with stakeholders in all entities to promote a culture of control compliance throughout company
Identify areas of improvement and implement changes to address these e.g., introduce new technologies and staying abreast of any changes in legislation
Ensure a consistent financial risk management approach across all functions by performing regular financial risk reviews.
Continuously look for improvements in operational processes, policies and procedures and lead process optimisation, continuous improvement, and efficiency projects.
Responsible for ABC (Antibribery & Corruption) reporting and monitoring compliance.
Design and implement an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occur
Analyse current risks and identifying potential risks that are affecting the company

Co-ordinate and review the insurance questionnaire process that support the insurance cover taken by company

Maintain records of insurance policies and claims and provide central support for all insurance claims
Define key business process, risk and controls/business intervention that addresses risks
Create a policy framework guideline in line with company requirements, review policies annually for relevance, risk mitigation and recommends to policy owner
Provide oversight and guidance by setting the standards of business control across functional areas through understanding business process and linking controls to risk identified in key business processes
Identify the required controls between interfaces (within and across teams)
Design and implement processes to verify effectiveness of the controls across all sites
Perform gap analysis, action plans and guides implementation of FCFQ requirements
Build risk awareness amongst staff by providing support and training within the company
Lead governance role in new system implementation within organisation
Attend site governance meetings to provide guidance and support and ensure high risk areas
Followup Internal Control Processes in the entity (Documentation of financial and operational processes, identification of risks insuch processes, walkthrough, and testing of controls, etc).
Implement and followup on action plans to mitigate risks and address findings from audits and internal testing.
Manage compliance requirements in coordination with concerned departments (especially finance, marketing, operations) and third parties
Keep up to date with regulations, inform the business of changes when relevant and respond accordingly.
Conduct risk assessment of all departments
Evaluate compliance with existing policies and procedures, identifying and proposing modifications as needed
Identify areas of strengths and weaknesses and engage in continuous education and staff development to embed best practices
Support the current risk management process with necessary inputs required for quarterly risk management committee by working closely with SHERQ Country Manager
Assess and redesign the Enterprise Risk Management (ERM) strategy, systems, and standards in conjunction with the Finance Head and SHERQ Country Manager, aligned with strategy and objectives

Establish, embed, and continuously improve the ERM process through the necessary communication, guidance, andcollaboration with business stakeholders.

Minimum specifications / requirement areas
- _
A qualified CA_
- _
5+ years' experience post articles_
- _
- 7 years' experience in an operational, financial, or commercial role, risk management experienceadvantageous_

Research and project management skills
Partnering and relationship building
Experience in Consumer Products or FMCG (Fast Moving Consumer Goods) environment will be an added advantage
Above average proficiency in MS Office
Key Culture Attributes: Demonstrates the importance of safety, quality & teamwork; effectively leads and communicates because
our people matter

Salary:
Market related plus benefits

Job Types:
Full-time, Pe