Financial Services Compliance & Risk Manager

Cape Town, Western Cape
Permanent
Full-time

5 days ago

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Immediate Superior: Financial Service Manager
Location: Tygervalley, Cape Town
Function: Finance
Sub Function: Accounting & Reporting
Type of Contract: Permanent
Reference Number: 138798Closing Date: 25/06/2025Purpose:The Financial Services Compliance & Risk manager is responsible for ensuring financial governance, risk management, and process optimization across both debtors (accounts receivable) and procure-to-pay (accounts payable & procurement) functions. This role ensures compliance with company policies, improves financial controls, and provides analytical insights for decision-making. The role also involves stakeholder engagement, system compliance monitoring, and training to enhance efficiency in financial operations.Key Responsibilities:1. Accounts Receivable & Debtors Management

Monitor Days Sales Outstanding (DSO) and optimize working capital.
Assess credit risk and identify opportunities for special credit offerings.
Analyse customer payment behaviours and provide insights for credit teams.
Support the order-to-cash (O2C) process, ensuring timely cash collection.
Review and close old claims and disputes in the debtor's ledger.
Improve system capabilities in SAP related to debtor management.

2. Procure-to-Pay Compliance & Accounts Payable

Ensure compliance with procurement policies and risk management processes.
Conduct root cause analysis for non-compliance issues and recommend improvements.
Monitor audit compliance (internal & external) and address findings.
Work with stakeholders to ensure timely vendor payments and resolution of payment issues.
Identify and analyse cost-saving opportunities in procurement.
Lead system compliance improvements across SAP, Coupa, and other financial tools.

3. Process & Systems Optimization

Continuously analyse financial processes to improve efficiency and automation.
Lead User Acceptance Testing (UAT) for new financial systems and updates.
Collaborate with IT and 3rd party vendors to optimize system capabilities.
Develop proactive data-sharing initiatives to enhance financial transparency.

4. Stakeholder Engagement & Compliance Training

Act as the subject matter expert (SME) for financial compliance across departments.
Engage with cross-functional teams including commercial, credit, procurement, and finance.
Develop and deliver training programs on compliance policies and procedures.
Establish a community of practice for process improvement and knowledge sharing.

5. Financial Reporting & Risk Analysis

Provide insight-driven reports for leadership decision-making.
Ensure accurate and complete reporting on accounts receivable and accounts payable performance.
Monitor cash flow trends and recommend process improvements.
Compile and execute internal control checks (ICC's) on financial transactions.

Education & Experience:

Bachelor's Degree or BTech in Finance, Audit, or Accounting.
A diploma with strong relevant experience may also be considered.
Minimum 5 years of relevant experience in credit management, accounts payable, or procure-to-pay compliance within an FMCG environment.
Hands-on experience in SAP (O2C & P2P), Coupa, Readsoft, and BEST SAP Recon.
Strong knowledge of financial risk management and internal controls.
Demonstrated ability to analyse financial data and drive insights.

Skills & Competencies:

Strong financial analysis, reporting and problem-solving skills.
Excellent knowledge of SAP, procurement, and credit management systems.
Ability to develop compliance frameworks and drive risk management strategies.
Excellent communication and stakeholder management skills.
Proficient in Office 365 (Excel, PowerPoint, Word, Outlook, Teams, Power BI).
Detail-oriented, with strong organizational and time-management abilities.
Ability to train and mentor teams in compliance best practices.

Behavioural Competencies:

Delivers Results: Proactively drives compliance, credit risk, and process improvements.
Innovates & Optimizes: Continuously identifies cost-saving and automation opportunities.
Collaborates & Influences: Engages effectively with finance, procurement, and commercial teams.
Develops & Coaches: Shares knowledge and best practices across teams.

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. Heineken Beverages (South Africa) (Pty) Ltd) is committed to an organisational culture that recognises, appreciates and values inclusion and diversity. You must be fully eligible to live and work in South Africa to apply.

Heineken

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