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Cape Town City Centre: Group Internal Audit, Risk and Fraud Manager

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Job Description

A completed B.Com Accounting / Finance or Auditing is essential. A CIA, CA(SA) or CIMA is preferred with 5-8 years experience in internal audit, risk management or fraud investigation. Experience in multi-property operations or hospitality is desired. Strong knowledge of fraud risk management, internal controls and compliance frameworks. Key responsibilities include: Internal Audit – reviewing of internal controls, operational processes and financial integrity; identify weaknesses and recommend improvements; prepare audit reports and present findings to the Audit and Risk Committee; follow-up on audit findings and corrective actions Risk and Fraud Management – identify, assess and mitigate key operational, financial, compliance and fraud risks; establish and maintain a group risk register, with a strong focus on fraud vulnerabilities; implement and monitor fraud prevention programs, policies and controls; conduct fraud investigations where irregularities are detected; train staff across all hotels on fraud awareness, reporting and prevention; recommend process improvements to minimize opportunities for fraud Compliance and Governance – ensure compliance with internal policies, regulatory requirements and industry standards; monitor procurement, cash handling, inventory and revenue processes for compliance and integrity; work with management to strengthen governance and control frameworks Multi-Property Oversight – conduct regular property visits to review operations, controls and compliance; ensure consistency in controls across all hotels; provide recommendations for improving efficiency, security and risk mitigation Reporting – provide quarterly and ad hoc reports to the Audit and Risk Committee on audit, risk and fraud matters and present findings, mitigation strategies and progress on action plans. Strong knowledge of fraud risk management, internal controls and compliance frameworks.

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About Accounting / Finance Jobs in Cape Town Region

In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.

Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.

Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.

The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.

For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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