Internal Controls Finance Specialist

Dreaming big is in our DNA. Its who we are as a company. Its our culture. Its our heritage. And more than ever, its our future. A future where were always looking forward. Always serving up new ways to meet lifes moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together when we combine your strengths with ours is unstoppable. Are you ready to join a team that dreams as big as you do?

The Key Purpose of this role is evaluating, developing, implementing, and enhancing internal control processes and procedures within the organization. Assessing existing systems, identify weaknesses or risks, propose improvements, and work closely with various departments to enhance compliance and operational efficiency.

Key Roles and Responsibilities:

Risk Mitigation and Compliance

• Leveraging data, identify risks and develop recommendations to mitigate identified risks by proposing and implementing effective internal control measures and procedures.
• Ensure compliance with regulatory requirements, industry standards, company Control Frameworks, Delegation of Authority, and Policies through continuous monitoring and evaluation.

Controls Assessment and Process improvement

• Conduct assessments of existing internal control systems and processes to identify weaknesses, risks, and compliance gaps.
• Analyse financial and operational data to evaluate the effectiveness and efficiency of internal controls.
• Collaborate with cross-functional teams (within and outside the Africa Zone) to identify opportunities for enhancing processes and controls to optimize operational efficiency.
• Implement improvements based on data analysis, risk assessment, and compliance objectives to enhance the effectiveness of internal controls.

Testing and Validation

• Design and execute testing procedures to validate the effectiveness of internal control measures and ensure they are operating as intended.
• Document testing results and recommend corrective actions for identified deficiencies.
• Keep operational management and Internal Controls Lead appraised on the progress and any concerns to ensure delays are minimised and timelines are met.
• Communicate testing results, risk identified and quantification of risks timeously to process owners. Partner with operations to track, monitor and remediate process gaps.

Documentation and Reporting

• Create and maintain comprehensive documentation of internal control processes, policies, and procedures.
• Generate and present periodic reports to management and stakeholders regarding the status of internal controls, risk assessment findings, and recommended actions.

Advisory and Consultation

• Develop and conduct training programs for operations to increase awareness and understanding of internal controls, compliance requirements and the combined assurance approach.
• Provide guidance and support to departments to ensure compliance with Control Frameworks, Delegation of Authority, and Policies .
• Serve as an internal advisor to management and departments on matters related to internal controls, compliance, and risk management. Provide recommendations and guidance on best practices and industry standards to enhance internal control effectiveness. Collaborate with GRM and external auditors to optimise improvement opportunities.

Key Competencies and Attributes:

• A drive to learn and master new technologies and techniques
• Motivated self starter who can work efficiently with minimal supervision & direction
• Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines
• Strong understanding of internal control frameworks, risk assessment methodologies, and regulatory requirements.
• Excellent analytical and problem-solving skills, with attention to detail.
• Effective communication and interpersonal skills to collaborate with cross-functional teams.

Minimum Requirements:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Relevant certifications such as Certified Internal Auditor (CIA), Chartered Accountant (CA), or similar are beneficial. Previous experience in internal controls, auditing, risk management, or compliance (typically 3+ years) is preferred. Data Analytics (non-negotiable)
• Previous experience in Sarbanes Oxley (SOx).
• Proficient in using software and tools (SAP, PowerBi, SQL) for data analysis and documentation.
• Exposure to Fast Moving Consumer Goods (FMCG) sector preferred in the areas of manufacturing, distribution and finance would be advantageous.

Additional Information:

• Band : VII

SAB/ABInBev is an equal opportunity employer, and all appointments will be made in line with SAB/ABInBev employment equity plan and talent requirements. The advert has minimum requirements listed. Management reserves the right to use additional/ relevant information as criteria for short listing.