PURPOSE OF THE POST
To safeguard the assets of the company through the performance of procedures to detect fraud; to conduct forensic investigations to facilitate asset recovery.
REQUIREMENTS
- B Degree or similar
- 7 years experience as Forensic Investigator
DESCRIPTION OF TASKS
Fraud Prevention Strategy & Fraud Risk Assessments
- Development and the implementation of the Fraud and Corruption Prevention Strategy
- Develop the Fraud and Corruption Prevention Strategy by sourcing information from forensic industry, financial services and the Company
- Structure the relevant information in the prescribed format for further processing and application
- The integrity of the information is ensured in accordance with criteria
- The information is made available to the line manager for further processing; or
- Provide input in accordance with policies, procedures and legal requirements
- Provide input within allocated time frames
- Develop implementation plan to implement the fraud prevention strategies
- Execution of the Fraud and Corruption Strategy as per Implementation plan
- Conduct Fraud Risk Assessments across the Company annually
- Liaise with Internal Audit and Risk to ensure that fraud risks identified are being addressed.
Policies
Compile and Review policies:
- All forensic and fraud related policies must be compiled and reviewed at least annually to ensure compliance
- Determine the objectives and requirements of the policy
- Review the policy and identify any irregularities which could result in mistaken interpretations
- Make the necessary recommendations
- Submit the reviewed policy for approval and authorisation in accordance with policies and procedures; or
- Finalise the policy and provide to the user for execution purposes
- Submit the policy to document management for numbering and archiving
- Review policy in accordance with policies, procedures and legal requirements
- Review policy within the allocated time frame
Forensic Investigations
- Conduct investigations:
- Receive a request for an investigation and analyse to determine the extent and the nature of the investigation
- Identify the indicators of the fraud
- Conduct the fraud investigation to determine the nature of the fraud:
- identify perpetrators and the modus operandi
- conduct interviews
- take statements
- obtain information from public records
- evaluate deception
- write the report
- Compile reports:
- Collect the required data from all relevant sources
- Verify the data to ensure that only applicable data is utilised
- Collate the data into the required format for producing the report
- Generate the report utilising the information in accordance with policies and procedures e.g. standards for ethical conduct and standards for best practice
- Make recommendations in accordance with the information at hand
- Provide advice and act as expert witness
- Receive a request for consultation as an expert witness:
- fraud prosecutions
- asset recoveries
- contractual disputes
- professional negligence
- Agree to the time frames for execution of consultation actions
- Outcomes of investigations
- Tracking of recommendations and risks identified; and
- Fraud awareness on findings of the investigations and risk areas identified.:
Fraud Awareness & Fraud Risk Indicators
- Develop and implement an annual Fraud Awareness Campaign
- Ensure that knowledge and awareness in terms of Fraud issues is imparted company-wide.
- Remind the staff of their responsibilities in relation to fraud and corruption matters
- Involved in the Induction program of the Company
- Ad-hoc fraud awareness emanating from investigations
- Development & Monitoring of Fraud Risk Indicators
CRITICAL COMPETENCY
- Advanced Microsoft Office
- Knowledge / Experience in SAP system
- Investigation Principles
- Financial services and Corporate Governance
Desired Skills:
- Investigative
- financial services
- Corporate Governance
Desired Work Experience:
- 5 to 10 years
Desired Qualification Level:
- Degree