Cape Town Region: Group Internal Audit, Risk & Fraud Manager posted by Karen Tupper Recruitment

A Group Internal Audit, Risk & Fraud Manager is sought to join a hospitality group to establish and manage the internal audit, risk management, and fraud prevention functions across all companies within the group. This role ensures robust financial and operational controls, mitigates risks, and proactively prevents and investigates fraud, safeguarding the company’s assets and reputation. The position operates independently from the finance department and reports directly to the Audit & Risk Committee. Key Responsibilities : Internal Audit • Review internal controls, operational processes, and financial integrity. • Identify weaknesses and recommend improvements. • Prepare audit reports and present findings to the Audit & Risk Committee. • Follow up on audit findings and corrective actions. Risk & 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 & 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 & Risk Committee on audit, risk, and fraud matters. • Present findings, mitigation strategies, and progress on action plans. Minimum Requirements: • Bachelor’s Degree in Accounting, Finance, or Auditing • Professional qualification preferred (CIA, CA(SA), CIMA, or equivalent) • 5–8 years’ experience in internal audit, risk management, or fraud investigation • Experience in multi-property operations or hospitality is advantageous • Strong knowledge of fraud risk management, internal controls, and compliance frameworks Key Skills • Strong fraud detection, investigation, and prevention skills • Analytical, investigative, and detail-oriented • High level of integrity, independence, and discretion • Excellent report writing and presentation skills • Ability to influence management and drive changes • Confident working across multiple sites and teams