Work with the business to guide fraud risk management initiatives around fraud prevention and fraud detection;
Work with the Group Head of Internal audit to implement and monitor continuous fraud awareness and fraud related trainings within the Group;
Lead and investigate complaints arising from fraudulent claims or suspected fraudulent activities across the group;
Oversee the execution of special audits or investigations as may be required by the business;
Oversee conducting of a fraud risk assessment and identify warning signs of fraud related activities;
Building a framework for forensic auditing and Investigations and developing pre-investigation processes that follow the investigative methodology;
Create awareness across the group by building knowledge on risk of fraud and how to mitigate fraud through trainings;
Build a pool of partners across the group to aid in fraud detections;
Prepare reports for management and the Audit Committee clearly describing the key findings and practical recommendations for improvement;
Develop and implement the performance management plan and cycle for team members as provisioned by HR;
Schedule and assign work to the forensic audit team estimating resource needs;
Verify compliance with all the relevant legislation and regulatory requirement. This calls for regular updates with all the relevant legislation and statutory requirements affecting the group;
As the contact person for the Whistleblowing service providers, review reports from the service provider and initiate action on issues reported;
Maintain a proper record of fraud incidences reported and provide periodic reports to both Management and the Board;
Attend and participate in the Management meetings to enhance understanding of the Group’s Operations; and
Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
Knowledge, experience and qualifications required;
Bachelor’s Degree in Finance, Accounting or a related field;
MBA is an added advantage.
Professional qualification e.g. CPA(K), ACCA, CISA. CFA or equivalent.
7-10 years’ experience in a similar position; 4-5 of which should be in a managerial capacity in a busy environment..
Deciding and Initiating Action: Ensures, key organisational objectives are met, takes responsibility for decisions, actions, projects and people while focussing on achievement of strategic results; takes initiative and works under own direction; initiates and generates activity; makes quick, clear decisions with limited information available which may include tough choices or considered risks; decisions and actions takes into account possible impact on all parts of the business.
Leading and Supervising: Provides the business with a clear direction based on the overall strategic intent of the organisation; motivates and empowers others with a clear sense of purpose; creates a positive organisational climate that fosters learning and development; acknowledge high potential talent; sets and articulates the vision and values through own personal behaviour.
Relating and Networking: Easily establishes, as well as assists others in building good relationships with customers and staff across all departments, inside and outside of the organisation; relates well to people at all levels; facilitates the resolutions of conflict and manages disagreements with tact and diplomacy.
Persuading and Influencing: Gains clear agreement and commitment from others by persuading, convincing and negotiating to the benefit of the organisation, promote the organisational strategy during conversations; makes effective use of political processes to influence and persuade others; promotes ideas on behalf of oneself, the department or the organisation; makes a strong personal impact on others; takes care to manage the organisation’s impression and brand on others.
Formulating Strategies and Concepts: Works strategically to realise organisational goals; sets and develops organisational strategies; identifies, develops positive and compelling visions of the organisation’s future potential; takes account of a wide range of issues across, and related to, the organisation; encourage others to take a strategic and long term view in terms of the organisation’s future; communicates the organisational strategy, vision and objectives effectively across all levels of the organisation.