Middle Manager Process Control and Assurance

Middle Manager Process Control and Assurance About the job Middle Manager Process Control and Assurance

Eskom Holdings SOC Ltd, a state-owned company wholly owned by the South African government, is seeking dynamic and results-oriented professionals to join our Finance Corporate Strategy Development team as Senior Advisors. In this pivotal role, you will contribute to shaping the future of energy in the nation by developing and implementing corporate strategies and scenario planning. Eskom offers immense opportunities for career growth and development within a supportive and inclusive environment.

Job Mission:

Eskom Holdings SOC Ltd is looking for a dynamic and experienced Senior advisor Financial Accounting to provide supervision, integration and control of transactions, to validate they are authorized, complete and accurate and in accordance with policies, procedures and applicable legislation, in support of sound financial control and discipline.

Key Performance Areas:

1. Lead and manage organisational process/internal control assurance, monitoring and advice.

2. Conduct process control monitoring, assurance review, reporting, investigations and mitigation.

3. Lead and manage the implementation, maintenance and enhancement of standardised process/internal controls.

4. Lead and facilitate process/internal control and assurance training and awareness programmes.

5. Lead and facilitate reviews regarding compliance with organisational governance strategy.

1.
Lead and manage organisational process/internal control assurance, monitoring and
advice by:

• Managing the implementation of the process/internal control and risk monitoring framework across the organisation.
• Managing and prioritising the implementation of the formal national process control, internal controls and assurance plan across the organisation and divisions.
• Managing and facilitating the consolidation and continuous review of the organisational process/internal control and assurance plan.
• Assessing continuously the alignment of the plan to relevant process control manuals (PCMs and policies which have financial risk implications.
• Interpreting changes of economic and industry/market conditions, evaluating emerging control risks and impact on the organisation and divisions.
• Providing strategic advisory service and guidance to Finance Business Partners and Finance/Site Business Centres regarding process controls, internal controls and associated risk management.
• Prioritising and evaluating the implications of significant process/internal control deviations/ deficiencies and advising senior management.
• Developing and implementing new/enhanced process controls to mitigate identified control deviations/deficiencies.
• Influencing controls during the implementation of new business strategies to improve PCMs,policies and procedures in order to optimise process/internal controls.
• Positioning and facilitating the integration with Integrated Risk Management, Forensic and Assurance, External Audit, Public Finance Management Act (PFMA) office, Ethics office, etc. at divisional/group level to manage process/internal control deviations/ deficiencies and associated risks.
• Ensuring adequate controls are in place for all identified financial risks.

2.
Conduct process control monitoring, assurance review, reporting, investigations, and
mitigation by:

• Consolidating the reporting of all process/internal control deviations/contraventions, deficiencies and risks at divisional/group level.
• Formulating and recommending mitigation strategies and process control enhancements across the organisation and divisions.
• Maintaining a consolidated Root Cause Database of all findings, process control monitoring, internal and external audits at division/group level for follow up on corrective actions and management signoffs.
• Performing a risk analysis to evaluate risk exposure at organisational and divisional level e.g.financial losses, image, reputation, etc.
• Ranking findings and prioritising timeous corrective actions, mitigating controls for all significant findings or a high/increasing risk exposure at organisational and divisional level.
• Escalating all identified fraud, irregular incidents to Forensic and Assurance for formal investigation.
• Facilitating the reporting on the function key performance areas.

3.
Lead and manage the implementation, maintenance, and enhancement of standardised
process/internal controls by:

• Advising on the development and improvement of policies, procedures and guidelines relevant to process/internal controls.
• Advising and influencing the development of relevant and effective process/internal controls for the implementation/enhancement of systems and applications.
• Managing and influencing the development and improvement of appropriate process/internal controls to protect the organisation and divisional resources.
• Managing the implementation and maintenance of effective process/internal controls.
• Evaluating the effective and efficient application of process/internal controls throughout…