Senior Internal Financial Controls Analyst

**Who are we?**

The Sanlam Life and Savings cluster is responsible for Sanlam’s retail business in South Africa. Sanlam Life and Savings provides clients across different market segments (entry-level, middle-income, affluent, professional market and business owners) with a comprehensive range of appropriate and competitive financial solutions. These include traditional life insurance risk and savings products, investment, retirement, health and fiduciary services. Designed to facilitate long-term wealth creation, protection and niche financing, these solutions are engineered around client needs.

We believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. Sanlam is committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.

The Finance Services function is responsible for delivering the following services to SLS, as well as other Clusters within Sanlam that make use of SAP S/4 HANA and related finance systems:

- The execution of shared financial transactions through the Finance Shared Services Centre.
- Drive operational excellence and efficiency through finance process and technology optimisation.
- Delivering an efficient financial control and compliance environment for SAP S/4HANA and related finance systems.
- Delivering on the consolidated financial reporting requirements for SLS.

**Build a successful career with us**
- We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.**What will you do?**
- The GRC Senior Analyst role will be responsible for supporting the Head of the Governance risk and controls centre of excellence (GRC CoE) in managing and delivering an efficient financial control and compliance environment for SAP S/4HANA and related finance systems, with a focus on centralisation, standardisation, automation, and optimisation of financial control compliance processes.
- The GRC CoE acts as a second line of defence in support of Business Units’ own financial control and compliance environments.- The incumbent will partner with the Head of GRC and Business Unit Heads to promote adherence to agree upon financial control compliance processes. This role will furthermore be to support for the identification and reporting of non-compliance and recommendations on how this can be addressed.**What will make you successful in this role?**
- The key performance areas of this role include the following:

- **GRC Strategy Development for Sanlam**
- Support the Head of GRC CoE in the development of the GRC strategy for SLS to ensure greater compliance to required standards.
- Support various strategic initiatives ensuring greater compliance and awareness in support of realising the GRC strategy.

**Financial Risk and Controls Support**
- Act as second line of defence in the design, implementation and management of control processes and documentation by:

- Supporting management in the identification, design and implementation of financial risk and controls through normal business as usual (BAU) operations and transformation initiatives (change in people/process/technology).
- Documenting identified financial risks and controls in a risk and control matrix.
- Defining and maintaining standards used to document financial risks and controls.
- Assist control owners and control performers in business and IT with walkthroughs of controls
- Maintaining the SAP Access Control ruleset to reflect the key access controls identified by business.
- Performing tests of effectiveness for key controls
- Creation of test plans for key controls
- Preparation of IFC monthly report which entails capturing all control deficiencies and remediation plans. Distribution of report to governance stakeholders, being CFO’s and heads of finance and IT executives.

**Optimisation**
- Continue to identify, design and implement optimisation opportunities in the financial control and compliance environment through innovation and automation.

**Support SAP GRC Solution**
- Schedule SOD Review workflows to risk owners
- Maintain User Access review process in SAP Access Control
- Maintenance of Access Control custom ruleset at conceptual and permission/action level
- Run and interpret Access Risk Analysis reports and provide assistance to identify remedial actions
- Document and maintain the risks, controls and control owne