Assistant Internal Audit Manager at Hollywoodbets – Durban Opportunity
Hollywoodbets · Durban, KwaZulu-Natal, South Africa
Closing Date: Not specified
Location: Durban, KwaZulu-Natal, South Africa
Organisation: Hollywoodbets
Work Arrangement: Onsite
Employment Type: Full-time
Hollywoodbets is seeking an Assistant Internal Audit Manager to join its team in Umhlanga, Durban. This full-time, onsite role offers professionals with internal audit experience the opportunity to contribute to one of South Africa's leading gaming and entertainment brands. The position involves planning, reviewing, and performing audit assignments across financial, IT, operational, and compliance domains while leading and developing junior audit team members.
Overview
The Assistant Internal Audit Manager will play a critical role in maintaining and strengthening internal controls, conducting risk assessments, and ensuring compliance with applicable laws, regulations, and company policies. This position requires a qualified professional capable of managing audit assignments, reviewing internal control frameworks, and supporting fraud investigations. The role operates under limited supervision with moderate latitude for initiative and independent judgment, reporting to the Senior Internal Audit Manager.
About the Opportunity
As Assistant Internal Audit Manager at Hollywoodbets, you will be responsible for executing a wide range of audit functions including financial audits, IT audits, internal control assessments, operational performance reviews, and compliance verifications. The role demands a proactive approach to identifying gaps in processes, formulating recommendations, and implementing improvements across the business.
This position involves significant responsibility for leading and managing audit teams, allocating resources effectively, and ensuring that all audit work meets quality standards. You will review completed internal control frameworks, conduct risk assessments, and rate risks appropriately while ensuring adherence to professional ethical standards and the company's Risk Management Framework.
Key Responsibilities
Financial Metrics and Operational Auditing
- Review completed internal control frameworks to ensure high-quality, accurate, and efficient audits
- Complete risk assessment and rating of risk across various business functions
- Lead and manage audit assignments and allocate team time and resources effectively
- Review documented outcomes from tests of controls and relevant findings
- Assess the effectiveness of controls and rate residual risk accordingly
- Identify gaps in processes and related controls, formulating recommendations for improvement
- Complete audit tasks and projects within set timeframes and deadlines
- Apply sampling methodologies and extrapolate errors identified in testing against the population
- Ensure auditable transactions, processes, activities, and control systems comply with legislation, business policies, and procedures
- Collaborate with team members across multiple divisions and departments
- Submit daily reports detailing work completed and progress of junior and senior internal auditors
Reviewing and Reporting
- Review internal control frameworks, audit findings, and audit work of junior and senior internal auditors
- Assist with and review application of sampling methodologies
- Prepare audit reports for specific audit areas or related audit projects
- Direct, guide, supervise, and train junior and senior internal auditors
- Identify gaps or opportunities for improvement in audit policies, procedures, and processes
- Develop risk mitigation strategies including applicable internal controls
- Lead teams to monitor, investigate, and advise concerned parties by establishing clear accountabilities, roles, and responsibilities
- Oversee and implement ongoing training programs for team members
- Investigate possible fraud and conclude accordingly
- Remain current with procedure updates and related laws and regulations
- Assist with operational procedure enhancement across business processes
People Management
- Identify training needs for junior and senior internal auditors
- Welcome and support new team members
- Promote a healthy, fair, ethical, honest, and transparent work environment
- Track own performance and arrange performance review meetings with management
- Conduct performance reviews of junior and senior internal auditors in conjunction with management
- Communicate professionally and guide team members effectively
Compliance, Risk, and Quality
- Create, maintain, and enforce company policies and procedures
- Ensure compliance with the Risk Management Framework
- Comply with relevant laws, regulations, and affiliated professional standards
- Ensure logical saving of all work, templates, and documentation monthly and yearly
- Produce high-quality, neat, logical, and easy-to-understand work substantiated by facts
- Summarize detailed daily findings on designated software or relevant workbooks
- Effectively deal with internal and external auditors, SARS, BEE, and other regulatory bodies
- Report suspicious behavior and fraud findings immediately
- Promote declaration of gifts, non-acceptance of kickbacks, and declaration of conflicts of interest
- Promote a culture of confidentiality regarding protection of personal information
- Promote the Code of Ethics encompassing integrity, objectivity, confidentiality, and competence
- Stay updated with changes in the relevant industry and changes to relevant Acts and Regulations
Growth and Innovation
- Source new products, innovations, robotics, artificial intelligence, and predictive analytics opportunities
- Support development of existing products and software
- Ensure measures are implemented to achieve short-term, medium-term, and long-term goals of the broader group
- Assist with or lead company projects as allocated
Eligibility Criteria and Requirements
Educational Qualifications
- Completed Matric with English and Mathematics
- Completed degree or bachelor's degree majoring in auditing
- Registration with an affiliated body (IIASA or ISACA)
Experience
- Three to four years of accounting or internal audit experience
- One to two years of experience in leading and managing teams
Additional Requirements
- Computer literacy
- Valid driver's license
- Own transport and flexibility to travel
Essential Skills
- Analytical mindset and leadership qualities
- Good communication and people management skills
- Ability to manage multiple engagements and deadlines
- Strong drive to excel professionally and ability to guide and motivate team members
- Strong written and verbal command of English
- Ability to establish, maintain, and strengthen internal and external relationships
- Communication, presentation, and training skills
Benefits of Joining Hollywoodbets
Working with Hollywoodbets provides the opportunity to innovate and create as part of a like-minded, authentic team eager to achieve goals. Employees embrace challenges and experience the thrill of working in a vibrant and fast-paced industry. The company offers development plans and a culture that supports career advancement, allowing professionals to grow within the organization.
About Hollywoodbets
Hollywoodbets is one of South Africa's biggest success stories in the gaming and entertainment industry. From humble beginnings in Durban, the company has grown into a powerhouse brand operating across Africa and the United Kingdom. The talented team at Hollywoodbets is on a mission to increase its global footprint, ready to take on any challenge with the belief that not even the sky is the limit. The organization values innovation, teamwork, and professional excellence while maintaining strong ethical standards and commitment to regulatory compliance.
How to Apply
Interested candidates who meet the stipulated minimum requirements should submit their applications through the official recruitment portal. Please note that only applicants who meet the specified criteria will be considered for this position.