INDUSTRIAL DEVELOPMENT CORPORATION (IDC) VACANCIES

​FORENSIC - AUDIT MANAGER
 
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
Job number IDC00681
Contract Type Fixed Term Contract (24 months)
Posting End Date 20 Feb 2026
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
To conduct fraud detection activities, fraud risk management, and the review of selected transactions relating to SA Steel Mills (Pty) Ltd (SASM). The candidate is expected to perform audits as and when it is required.
 
Job Description

• Perform audits as and when required.
• Perform fraud detection reviews.
• Assist in the delivery of forensic/ audit investigations within budget and agreed timelines.
• Perform various aspects of the investigation and prevention of commercial crimes committed against the IDC, its subsidiaries, and clients. This will include identification of risks, planning of investigation, background research, fieldwork, reporting and presentation of findings and participating in fraud awareness campaigns.
• Manage stakeholders by keeping them updated on the progress of the assigned investigation or audit task.
• Draft forensic or audit reports and discuss findings with relevant stakeholders.
• Engage with the Law Enforcement and Prosecuting Authorities where required.
• Perform post fraud control reviews to identify the failings in the control environment which led to/facilitated the financial crime or misconduct
• Establish and maintain good relationships with key stakeholders.
• Sharing of knowledge within the team.
• Support and participate in all post investigation and audit activities such as the disciplinary hearing, CCMA, civil and criminal proceedings.

 
Qualification and Experience

• Relevant Degree in a Commercial or Audit or Forensic or Legal or Related Field
• Member of the Institute of Commercial Forensic Practitioners (ICFP) and or Association of Certified Fraud Examiners or Institute of Internal Auditors will be preferred
• A minimum of 5 years working experience in the Forensic or Investigative or Audit (This should include demonstrable experience in investigating complex commercial crimes that are highly confidential in nature as well as reporting and presenting thereon)
• Understanding of the audit standards and various legal definitions of popular and most prevalent commercial crimes such as fraud, corruption, theft, forgery, uttering etc.
• Strong business acumen with experience of audit or investigations in white collar corporate environment and or experience advising or managing complex investigations and related risks.
• Intermediate level knowledge of Law of Evidence and Criminal Procedure Act and the principles of gathering, documenting, retaining evidence, detailed record keeping necessary to establish the chain of custody over the forensic evidence gathered.
• Understanding of the key features of relevant laws and regulations relevant to the industry and the role of investigations.
• Computer literate must be able to work on office programs; Outlook, Excel, Power Point and Word and be conversant in English as a communication language.
• Demonstrated ability to conduct best practice audit or investigations with a high level of integrity, independence, professionalism and discretion.

 
PLEASE APPLY HERE

 





​INVOICE MANAGEMENT ACCOUNTANT
 
IDC is committed to equality, employment equity and diversity. In accordance with the employment equity plan of the IDC and its employment equity goals and targets, preference may be given, but not limited to candidates from underrepresented designated groups.
Job number IDC00680
Contract Type Permanent
Posting End Date 18 Feb 2026
Region Gauteng
IDC Job Grade P-Band
 
Synopsis
To oversee the invoicing process, ensuring accuracy and compliance while managing a team to maintain financial integrity and efficiency.
The Invoice Management Accountant will lead and facilitate the payment of all supplier/vendor invoices, through ensuring that all invoices received meet the IDC standard for payment (correct authorization, vat amount, IDC and Relevant Co. vat no, original invoice, address etc.)
 
Qualification and Experience
Qualification

• Bachelor’s degree Financial Management/Accounting or equivalent on the qualification segment.
  
  

Knowledge & Skills

• 5 - 7 years’ experience in invoice management or related field.
• 2 - 3 years’ experience in managing a team.
• Knowledge of Microsoft Word, Excel, Power Point.
• Knowledge and experience of SAP system particularly MM module and CO module will be an advantage
• Practical Knowledge and experience of KOFAX system will be an added advantage.
• Proven experience in working in similar environment
• Knowledge and understanding of financial reports and PFMA

 
Roles and Responsibilities
Invoice Processing and Control
•Oversee end-to-end invoice processing to ensure accuracy, completeness, and timely validation of invoices.
•Validate invoices against contracts, purchase orders, service entry sheets, delivery notes, and service-level agreements.
•Ensure correct and consistent allocation of cost centers and GL accounts.
•Review and approve invoices within delegated authority limits (approval matrix).
•Resolve invoice discrepancies, queries, and escalations promptly.
•Ensure invoice registers are submitted to Accounts Payable after service entries have been released.
•Ensure the timely closure and reconciliation of open items in GRIR is done on regular basis.
Turnaround Time and Performance Management
•Set and monitor invoice turnaround time targets for the team.
•Ensure PRs and Service Entry Sheets are released within required timeframes.
•Identify bottlenecks in the invoice process and implement efficiency enhancements.
•Monitor daily workflow performance and escalate risks when turnaround times may not be met.
Team Leadership and Supervision
•Allocate work, set priorities, and manage workloads across the invoice administration team.
•Provide coaching, on-the-job training, and continuous performance feedback to staff.
•Conduct performance reviews and support employee development plans.
•Ensure adequate segregation of duties is maintained to strengthen internal controls.
•Assist invoice administrators with capturing PRs and Service Entry Sheets when required.
Internal Controls, Compliance, and Audit Support
•Maintain strong internal controls over all invoice processing activities.
•Ensure full compliance with company policies, delegated authorities, VAT legislation, and procurement processes.
•Support internal and external audits by providing documentation, explanations, and process insights.
•Document and mitigate invoice-related operational risks.
•Ensure proper filing, retention, and accessibility of supporting documents.
Stakeholder Management
•Liaise effectively with Procurement, Accounts Payable, and business units to resolve queries and maintain workflow efficiency.
•Communicate information received from business units (e.g., Framework Order reports) to the team.
•Conduct roadshows and awareness sessions for secretaries and administrators to ensure understanding and compliance with the Invoice Management process.
Process Improvement and Systems Management
•Drive continuous improvement initiatives to enhance process efficiency, accuracy, and turnaround times.
•Support system automation efforts and enhancements (e.g. ERP and workflow tools).
•Document and maintain up-to-date system and procedures for Invoice Management.
•Identify and recommend improvements to invoice workflows, approval paths, and system controls.
 
Job Requirements

• BTech/ Bachelor’s degree in Financial Management or Accounting /Business Management (NQF 7)
• Related Postgraduate Diploma or Honours degree (NQF 8) will be an added advantage
• 5-8 years’ experience in Invoice Management or related field
• Knowledge of Microsoft Word, Excel, Power Point.
• Practical Knowledge of SAP system particularly MM module is essential
• Proven experience in working in similar environment
• Knowledge and understanding of financial reports
• Knowledge and understanding of automation in the invoice management universe will be an advantage.
• Experience supervising or leading small teams will be an advantage.

 
PLEASE APPLY HERE