Manager, Forensic Investigations at Exxaro Resources January, 2024

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PURPOSE:

  • In conjunction with the Head of Internal Audit, leading a team of forensic investigation experts in investigating and preventing financial and corporate fraud, misconduct, and other illicit activities within the Group.
  • Oversee and conduct complex investigations into financial fraud, corruption, embezzlement, cybercrime, and other misconduct.
  • Ensure that investigations are conducted independently in line with all legal requirements and related internal policies and procedures.
  • Liaise with law enforcement agencies, prosecution authorities, legal teams, and external experts as needed.
  • Collaborate with Senior Management as well as Business Unit management to ensure that investigations are conducted in an effective and timeous manner.
  • Report forensic investigation outcomes to the Head of Internal Audit and Exxaro’s Ethics Committee.
  • Ensure that all control deficiencies identified during investigations are followed up and closed out.
  • Oversee the fraud reporting structures and case management system.
  • Head up preventative surveillance and detection strategies including but not limited to data mining, intelligence gathering, lifestyle audits, fraud risk assessments, proactive forensic audits in identified high- risk areas, and fraud awareness campaigns.

MAJOR CHALLENGES:

  • Promoting a culture of compliance, in an innovative environment. Reinforcing ethical behaviour to safeguard company reputation.
  • Keeping abreast of technology and innovations which may assist people in engaging in unethical behaviour and acts.
  • Staying informed in the latest reliable information with regards to fraud and corruption.
  • Competing for limited resources in the organisation.

Minimum Requirements    

QUALIFICATIONS:

  • B Degree (Hons) (Relevant) (Essential/Minimum)
  • Management Development Programme (Recommended/Desirable)

EXPERIENCE: 

  • 10 years Demonstrable experience in forensic investigations and audit, with a proven track record of managing complex investigations in a corporate environment, preferably within the mining industry. Strong operational exposure to fraud prevention and detection.
  • At least 5 years in managerial position. Strong analytical and problem-solving skills. Excellent knowledge of forensic accounting techniques, investigative methodologies and criminal procedures. Effective communication and interpersonal skills.
  • Ability to maintain confidentiality and handle sensitive information with discretion.  (Essential/Minimum)    Management

REQUIREMENTS: 

  • Association of Certified Fraud Examiners (Essential/Minimum)
  • Certificate of Fitness (Essential/Minimum)
  • Psychometric Assessment (Essential/Minimum)

Duties & Responsibilities    

Audit Management    

  • Maintain investigation reports of a high standard that can effectively be used in internal disciplinary hearings and court proceedings.
  • Quarterly report of Forensic Audit statistics.
  • Document control of all Anti Bribery and Corruption (ABAC) related policies and procedures.
  • Maintain effective proactive fraud prevention and fraud detection strategies.

Best Practice and Knowledge Management    

  • Implement ABAC prevention controls.
  • Ensure controls identified are recorded to the Group control framework.
  • Participate in the evaluation of discipline-specific standards, principles, and practices

Compliance, Governance and Assurance    

  • Observe and enforce discipline to ensure compliance with codes of practice, instructions, procedures, directives, authorisations, exceptions etc. issued by mine management, commodity manager or the relevant group manager.
  • Investigate all breaches and contraventions.
  • Ensure compliance with provisions of Mine Health and Safety Act (MHSA) and all other related safety legislation.
  • ABAC related policies and procedures to be aligned with best practice and compliant with applicable legislation and regulation.

Forensic Investigations    

  • Be accountable for conducting Forensic accounting and fraud investigation throughout the organisation.
  • Lead a team of experts in ensuring that investigations are conducted to the correct regulatory standards and ensure that investigations are thorough in nature.
  • Be the custodian of forensic investigation methodologies used by the organisation and ensure that the standards are world class.
  • Involve the necessary stakeholders and regulatory bodies, in an investigation when necessary and report to regulatory bodies.
  • Support and report to the Head of internal Audit, on investigations being conducted in the organisation
  • Report, give visibility and highlight high risks to the Head of internal audit.
  • Support the head of internal audit in giving feedback to the board.
  • Ensure the protection of Exxaro’s reputation through conducting thorough investigations , which may include ;  review of public records, background investigations, interviews of knowledgeable parties, analysis of real evidence to identify possible forgery and/or document alterations, surveillance and inspection of business premises, analysis of individual financial transactions or statements, review of business records to identify fictitious vendors, employees, and/or business activities, interview suspects, witnesses and victims.

Functional Excellence    

  • Assist in the standardisation, simplification, and speed-up of functional processes and eliminate duplication and bureaucracy.
  • Apply functional best practices and promote sharing of best practices/ knowledge.
  • Execute functional excellence initiatives.
  • Identify critical functional risks.

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