SA/AM Commissions & Expenses Audit

Role Overview

• Responsible for continuous auditing and monitoring of commissions and all business acquisition-related expenses.
• The role ensures accuracy, compliance, and transparency in payouts and expense management, while identifying process improvements and automation opportunities.
• Key Responsibilities Commissions & Payout Audit
• Validate and audit all commission payouts for sales teams, partners, and intermediaries.
• Ensure alignment of payouts with approved business acquisition approvals and performance metrics.
• Investigate discrepancies and resolve commission-related queries promptly.
• Maintain accurate records of commission structures and periodic changes.
• Check and validate provisions with proper documentation and approvals.
• Ensure reviewing timely clearance of commission payouts as per agreed timelines.
• Expense Audit & Compliance
• Audit all expenses related to business acquisition, including:
• Travel & Accommodation (sales visits, client meetings)
• Marketing & Promotional Costs (campaigns, events, digital ads)
• Onboarding & Training Expenses (new hires, partner enablement)
• Third-Party Fees (consultants, agencies, vendors)
• Verify expense claims against policy guidelines and budget allocations.
• Check and validate provisions with proper documentation and approvals.
• Ensure timely clearance of expense claims and payouts.
• Identify irregularities and recommend corrective actions.
• Ensure compliance with internal controls and regulatory requirements.
• Reporting & Insights
• Prepare periodic audit reports highlighting trends, risks, and cost-saving opportunities.
• Provide actionable insights to management for optimizing commission structures and expense policies.
• Collaborate with Finance, Sales, and HR teams for data accuracy and process improvements.
• Automation & Process Enhancement
• Identify opportunities for automation in commission calculation and expense tracking.
• Support implementation of audit tools and dashboards for real-time monitoring.

Skills & Competencies

• Strong analytical and auditing skills.
• Proficiency in MS Excel, ERP/Finance systems, as well as familiarity with the latest AI tools and audit tools will be an added advantage.
• Excellent communication and stakeholder management.
• Knowledge of commission structures, expense policies, and compliance standards.

Qualifications

• Graduate/Postgraduate in Finance, Business Administration, or related field.
• 2-4 years of experience in audit, finance operations, or incentive management.