Senior Manager: Audit, Risk and Compliance - Johannesburg, South Africa - Sci-Bono Discovery Centre

Sci-Bono Discovery Centre

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

SENIOR MANAGER:
AUDIT, RISK AND COMPLIANCE

FIXED TERM CONTRACT (5 YEARS)

JOB PURPOSE
To ensure the development of a rigorous risk management strategy and robust risk management framework.

This role will also assist Sci-Bono to embed governance and risk management practices and leverage its benefits to enhance the institution's performance environment, foster compliance and heighten accountability.

PRINCIPAL ACCOUNTABILITIES

Policy and Strategy

To design and oversee the companywide risk management policy and strategy, aligning all risk management and associated internal control activities to support achieving business objectives.
To facilitate the integration of risk management policy and strategy into all department's strategies and activities.
To design and implement an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when the risks occur.
Develop and implement risk management frameworks and strategies and establish processes and systems to implement these frameworks.
To oversee procurement of various services and products within the Company to ensure compliance and alignment with Company policies and procedures.
To establish and quantify the Company's Risk Appetite and advise the Management.
To maintain awareness of trends and developments in risk management that may be significant to the organisation and the NPC Industry.
Establishing a sound compliance and corporate governance framework and ensuring that all business practices, processes, and activities follow appropriate regulations and internal procedures.
Review current compliance policies and procedures to identify areas of improvement.
Draft new and updated internal risk and compliance policies to match industry standards. Plan and manage interior audit reviews/projects of business (i.e., financial, operational, compliance)
Includes planning of the audit approach and scope, preparation of an audit program, determination of the auditing procedures to be used, and identification specialists needed.
Developing, implementing, and maintaining internal audit policies and procedures by local and international best practices and completing projects supporting compliance auditors.
Ensure the audit plans speak to the risks identified in respective risk plans.

Risk Identification and Assessment

Perform endtoend risk identification, assessment, monitoring, quantification, treatment, and reporting processes and produce Risk reports highlighting areas of concern, opportunities and anything requiring further investigation.
To minimise longterm and daily operational risks through assessments, evaluations and training.
To maintain the independent challenge on risk and assurance issues by managing the risk function.
Prepare risk management reports for toplevel management based on internal reviews and advise the executives on risk mitigation measures and implementation of adequate compliance programs.
To monitor and report to the Board and the Audit and Risk Committee on the total level of the Company's risk exposure.
Continuously monitor and evaluate the overall risk profile across the risk spectrum for clients to provide a combined assurance view.
Review regulations, accounting principles and new pronouncements to ensure they are incorporated into audit procedures and disseminated to the audit team.
Source, manage, and update our risk management software.

Reporting and Stakeholder Engagement

To ensure appropriate information on risk and internal controls is provided to the stakeholders of the

Company promptly to minimise/eliminate the adverse effects;

Establish relationships with critical external bodies and stay uptodate on the changes in industry requirements and all relevant regulations
Conducting policy and compliance audits, including liaising with internal and external auditors.
Develop and maintain relevant committee/s governing terms of reference /charters.

Management Responsibilities

To support senior management with any aspect of risk management and oversee key risk management training initiatives, including critical old management training and employee induction programmes.
Conduct compliance risk assessment training workshop sessions to educate and update employees on the organisation's compliance policies, regulations, and processes.
Conducting internal reviews and regular audits to ensure compliance procedures are followed across the organisation.
Maintain elevated levels of knowledge on legislation applicable to the Non-Profit organisations and assist with identifying new legislation for implementation or changes to existing legislation.
Provide audit information to management by researching and analysing data and preparing reports.
Conducting environmental audits to ensure the company meets ecological requirements.
Advising internal management and business par