Group Internal Audit, Risk and Fraud Manager

SUMMARY:
Hospitality / Property Group has a new opportunity for a Group Internal Audit, Risk and Fraud Manager.  Report directly to the Audit and Risk Committee as well as the Managing Director.  Be responsible for establishing and managing the internal audit, risk management and fraud prevention functions across all companies in the Group.  The role ensures robust financial and operational controls, mitigates risks and proactively prevents and investigates fraud, safeguarding the company's assets and reputation.

POSITION INFO:
A completed B.Com Accounting / Finance or Auditing is essential. A CIA, CA(SA) or CIMA is preferred with 5-8 years experience in internal audit, risk management or fraud investigation. Experience in multi-property operations or hospitality is desired. Strong knowledge of fraud risk management, internal controls and compliance frameworks. Key responsibilities include:
Internal Audit - reviewing of internal controls, operational processes and financial integrity; identify weaknesses and recommend improvements; prepare audit reports and present findings to the Audit and Risk Committee; follow-up on audit findings and corrective actions
Risk and Fraud Management - identify, assess and mitigate key operational, financial, compliance and fraud risks; establish and maintain a group risk register, with a strong focus on fraud vulnerabilities; implement and monitor fraud prevention programs, policies and controls; conduct fraud investigations where irregularities are detected; train staff across all hotels on fraud awareness, reporting and prevention; recommend process improvements to minimize opportunities for fraud
Compliance and Governance - ensure compliance with internal policies, regulatory requirements and industry standards; monitor procurement, cash handling, inventory and revenue processes for compliance and integrity; work with management to strengthen governance and control frameworks
Multi-Property Oversight - conduct regular property visits to review operations, controls and compliance; ensure consistency in controls across all hotels; provide recommendations for improving efficiency, security and risk mitigation
Reporting - provide quarterly and ad hoc reports to the Audit and Risk Committee on audit, risk and fraud matters and present findings, mitigation strategies and progress on action plans. Strong knowledge of fraud risk management, internal controls and compliance frameworks.