Head of Internal Control

2 weeks ago


Bryanston, South Africa Nestle Full time

**Location**: Bryanston (Johannesburg)

**Company**: Nestle

**Qualification**: MBA or MSc or similar qualification within Finance, Economics, Law or Engineering

**Experience**:Minimum of 6-8 years’ experience with Management experience in an FMCG environment with Big 4 firms prior experience

**Closing Date**: 30 June 2023

**Position Summary**

Working with all business functions (including all Head Office functions, Factory Operation and Distribution Center Operations) to implement/ improve required internal controls, optimize business processes to ensure compliance to Nestlé standards, policies and local regulations.

**Head of Internal Controls at Nestle Role Specification**:

- Perform risk assessment across all functions/ sites to identify risks and recommend mitigating controls.
- Independent oversight and execution of local internal control review plans. Planning of internal control reviews in line with risk assessment and Nestlé Operational Audit Manuals.
- Coordinate the follow-up process of both Nestlé Internal Audit reports and all internal audit/controls checks findings, to ensure the audited unit implements recommendations on a timely basis.
- Drive balance sheet integrity by following up on and ensuring that identified key risk indicators are addressed on time.
- Update management committee members and where applicable, Market Compliance Committee members, on key business risks and internal control gaps on a quarterly basis.
- Coordinate and ensure timely completion of the Risk & Control Self-Assessment process
- Coordinate Enterprise Risk Management (ERM) at total market level and timely follow up
- Ensure that compensating controls for Segregation of Duties (SOD) access and process controls transferred to business streams are understood and executed by them
- Monitor role KPI to ensure reduction targets. Trigger local role improvement activities, helping business identify improvement areas
- Perform fraud reviews and investigate speak ups together with Employee Relations and Legal functions
- Non-Internal Control Activities: Upon local Management request, conduct market assistance projects and ad hoc reviews tailored to market
- specific business needs.
- Non-Internal Control Activities: Support line management in rolling out and maintaining an adequately documented internal control environment to satisfy internal procedures as well as legal requirements (Control Self-Assessment, Internal Control System and Control Framework).

**What will make you successful?**
- Demonstrated business understanding through hands-on experience at one or several career steps including Internal Audit (strongly recommended), Corporate Finance, Controlling, or other Finance and Control leadership position where leadership of a team has been demonstrated.
- Minimum 6-8 years of experience, with Management experience.
- Fast moving consumer goods (FMCG) industry experience
- Prior internal or external audit (Big 4 preferable) experience
- A Bachelor degree in Finance/Accounting/Business Administration/Economics/ Engineering/ IT/ Law (required)
- MSc or MBA or CIA/CPA/CFA/ACCA preferred


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