Loss Control Management Specialist at ACSA Career

, , South Africa -

Full Time

Start Date

Immediate

Expiry Date

23 Apr, 26

Salary

0.0

Posted On

23 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loss Control, Compliance, Financial Analysis, Risk Management, Policy Development, Training, Internal Controls, Public Sector Laws, Supply Chain Management, Procurement Principles, Reporting, Stakeholder Engagement, Management Experience, MS Office Proficiency, Debt Management, Recommendations

Industry

Aviation and Aerospace Component Manufacturing

Description

Key Performance Output The successful candidate will be reporting to the Senior Manager Security Risk Management, and will be responsible but not limited to the following: Develop and implement loss control framework and monitor the business irregular, fruitless and wasteful expenditure. Confirm whether irregular expenditure has been incurred or whether the incident was the result of non-compliance with legislation that did not relate to the incurrence of a financial transaction. Ensure determination tests are performed to analyse particulars of the non-compliance to establish the facts and losses, if any, related to the transaction. Provide recommendations regarding possible recovery of losses from the responsible parties and/or other appropriate consequence management processes to be implemented in line with the PFMA. Standardize loss determination processes relating to the handling, accounting, and dealing with irregular, fruitless and wasteful expenditure. Confirm that no loss was incurred during the contravention of legislation and that value for money was achieved, the accounting officer or accounting authority must refer the matter related. Make input into the development and/or update the Policies and procedures for the Loss Control Function. Report non-compliance and obtain corrective actions from management to ensure compliance. Assist with organisational awareness through training and other initiatives on relevant policies, procedures, standards and controls. Build, support, and maintain healthy, diverse internal and external relationships to ensure achievement of organisational goals. Provide guidance on strengthening internal controls to prevent or mitigate future losses from irregular, fruitless and wasteful expenditure. Compile and submit condonations to National Treasury relating to irregular, fruitless and wasteful expenditure to comply with the frameworks. Ensure that a loss is recommended to the Chief Financial Officer for recovery in terms of the Debt Management Policy. Technical Skills and Experience The following skills and experience or the equivalent of such will be required: A relevant Bachelors Degree in (Finance/SCM/Audit) is essential. 6 years' operational experience in SCM/Finance/Audit/ is essential. 2 years’ Management experience in SCM/Finance/Audit/ is Advantageous. Membership with CIPS, IIASA or SAICA will be an added advantage. Advanced proficiency in MS Office. Competencies Goal and result orientated. Excellent communication skills. Provide useful and meaningful measures to monitor work processes. Set definite milestones and actions for achieving goals. Knowledge of public sector laws and regulations. Knowledge of Supply Chain Management, Information Management Systems, Procurement Principles and Practices. Knowledge of relevant legislation and applicable prescripts including BBBEE, CIDB, PPPFA, PFMA, PAIA, PAJA. Shortlisted candidates will be required to provide proof of their qualifications, NQF level and credits, and must be eligible for Top Security Clearance within 3 months of appointment. Positions will be filled in line with Airports Company South Africa values and Employment Equity Policy and Plan. Should you not hear from us within 30 days of your application, consider your application unsuccessful.

Responsibilities

The Loss Control Management Specialist will develop and implement a loss control framework while monitoring irregular and wasteful expenditures. They will also provide recommendations for recovery of losses and ensure compliance with relevant legislation.