SOX & Internal Controls Analyst

We're Hiring: SOX & Internal Controls Analyst

Location:

South Africa

Department:
Merchant Division - Finance

Reports to:

Senior Manager: SOX & Internal Controls

The SOX & Internal Controls Analyst will support the documentation, monitoring, management testing and remediation of the Lesaka Merchant SOX and internal controls framework.

The role works closely with the Senior Manager: SOX & Internal Controls, Finance teams, business process and control owners, Group SOX, Internal Audit and external audit. The Analyst will understand how processes operate, obtain and assess evidence, perform walkthroughs and management testing, identify and accelerate exceptions, maintain control documentation and monitor remediation through to closure.

The role is a development position intended to build Merchant's internal controls capability over time. The Analyst will take increasing responsibility for assigned SOX work streams while business management retains ownership of the underlying processes and controls.

• The role supports the South African operations of the Lesaka Merchant Division.
• Scope extends to common, centralised and divisional controls that also operate over the Division's international operations, including shared entity-level controls, common ITGCs and application controls, centralised close, consolidation and reporting controls, and shared master data and user access processes.
• Scope extends to businesses acquired into or transferred within the Division, including support for control documentation and integration into the Merchant SOX programme.
• Scope extends to businesses acquired into or transferred within the Division, including support for control documentation and integration into the Merchant SOX programme.
• The role operates as a first-line function. It supports control documentation, monitoring, testing and remediation but does not perform, approve or own business controls.

• Prepare and maintain risk and control matrices, process narratives, process flowcharts and control descriptions under the direction of the Senior Manager.
• Maintain control-owner registers, walkthrough and testing documentation, remediation trackers and evidence repositories.
• Perform quality checks to confirm that documentation is accurate, current and reflects actual business processes, and elevate identified gaps.

• Support and document process walkthroughs with control owners, including how transactions originate, the systems used, relevant financial reporting risks, key controls and supporting evidence.
• Document control ownership, performance, review and exception-management arrangements, and identify where documented processes differ from actual practice.
• Escalate control gaps, inconsistencies and potential changes in financial reporting risk identified during walkthroughs.

• Perform risk-based management testing of control design, implementation and operating effectiveness under the direction of the Senior Manager.
• Perform assigned testing procedures, including population and sample validation, evidence inspection, re-performance, inquiry, observation and exception identification.
• Assess management review controls, including their level of precision, and evaluate relevant completeness and accuracy controls over information used in control performance.
• Perform testing allocated through the approved testing plan and maintain appropriate objectivity where the Merchant SOX team has assisted with control design or remediation.
• Promptly disclose any involvement in the design or remediation of an assigned control so that testing can be appropriately evaluated or reallocated.
• Prepare clear, accurate and appropriately supported testing work papers for Senior Manager review and potential use by Group SOX, Internal Audit or external audit.
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• Maintain the SOX remediation tracker and obtain regular progress updates from accountable business owners.
• Collect and assess implementation evidence and flag actions that are not supported by evidence that the revised process or control has been implemented.
• Identify overdue actions, perform timely follow-ups, elevate delays to the Senior Manager and support risk-based post-remediation monitoring.
• Prepare remediation evidence and preliminary validation results for Senior Manager review and the applicable closure process.

• Coordinate evidence collection across Merchant and check that evidence is complete, appropriately…