Faculty of Economic and Management Sciences (EMS) alumnus, Vincent Jones is always striving for excellence. Jones, who holds multiple qualifications from the University of Pretoria including a BCom in Financial Accounting, a BCom (Hons) and an MPhil specialising in Fraud Risk Management says these qualifications provided him with the knowledge he needed to excel in various roles throughout his illustrious career.

“The University’s focus on analytical thinking, governance principles, and the practical application of theoretical knowledge gave me the skills to excel in complex roles. Moreover, the rigorous curriculum in my postgraduate studies enhanced my expertise in forensic investigations and fraud risk management,” he says.

Now a Chief Audit Executive at the National Lotteries Commission, he makes a meaningful impact on areas he is most passionate about, fraud prevention and internal controls. As a professional whose philosophy is integrity, he aspires to contribute to South Africa by “creating a society where every individual has access to opportunities and where integrity and accountability drive our institutions.”

Read more about his interests and what drives him below.

Q: Briefly summarise your studies (including the qualifications you obtained) and your professional career, with special mention of specific highlights/milestones.

A:I pursued my undergraduate and honours degrees at the University of Pretoria (UP), completing a BCom in Financial Accounting in 2004 and a BCom (Hons) in Internal Auditing in 2006. I also completed a Postgraduate Diploma in Forensic and Investigative Accounting and an MPhil specialising in Fraud Risk Management, which included a thesis focusing on best practices to regulate the acceptance of gifts in the public sector. Additionally, I am a Certified Internal Auditor (CIA), hold certification in executive leadership, and am member of the Institute of Directors South Africa. 

Professionally, I’ve served in several strategic roles, including Chief Audit Executive (CAE) at the Film and Publication Board, the CAE at the Cape Peninsula University of Technology, and currently the National Lotteries Commission. A key highlight of my career has been driving the modernisation of internal audit functions, integrating data analytics, continuous auditing, and AI technologies to align with global standards. I also spearheaded the development of forensic audit methodologies and combined assurance frameworks in multiple organisations.

Q: To what extent did your studies at UP benefit you in your career and contribute to your success?

A: My studies at UP provided an exceptional foundation in accounting, auditing, and risk management, which proved invaluable throughout my career. The University’s focus on analytical thinking, governance principles, and the practical application of theoretical knowledge gave me the skills to excel in complex roles. Moreover, the rigorous curriculum in my postgraduate studies enhanced my expertise in forensic investigations and fraud risk management.

Q: Why did you choose your particular degree course/major(s), and did it meet your expectations, or, in hindsight, should you have opted for something else?

A: I chose Financial Accounting and Internal Auditing because of their strong focus on governance and their critical role in ensuring organisational integrity and accountability. These fields exceeded my expectations, opening doors to leadership roles in audit, risk, and forensic investigations. In hindsight, I wouldn’t change my path, as it has allowed me to make a meaningful impact in areas I’m passionate about, such as fraud prevention and internal controls.

Q: As a UP and EMS alumnus, what makes you proud to be associated with UP?

A: UP’s commitment to excellence, innovation, and global competitiveness makes me proud. The University consistently produces graduates who are well-prepared for the demands of the workplace and contribute to addressing societal challenges. Being part of an institution that values ethical leadership and professional excellence is truly inspiring.

Q: Given your academic experience at UP, what advice can you pass on to current students?

A: Focus on building a strong academic foundation but also embrace opportunities to gain practical experience and develop soft skills such as communication and leadership. Stay curious, keep learning, and network with peers and professionals. Most importantly, aim for a career that aligns with your passions and values, as this will sustain your motivation and success in the long term.

Q: AI (ChatGPT-4/Generative AI/LLM) is expected to have a significant impact on both tertiary education and the workplace. What is your take on the advantages/disadvantages of AI for students and employees/employers?

A: AI offers transformative potential for both education and the workplace. For students, it provides access to personalised learning, enhanced research capabilities, and innovative tools for problem-solving. For employees and employers, AI enhances decision-making, automates repetitive tasks, and drives efficiency. However, its disadvantages include potential job displacement, ethical concerns, and the risk of over-reliance on AI systems. Balancing the adoption of AI with a focus on upskilling and ethical considerations is essential for maximising its benefits.

Q: Going forward, what are your professional/business/personal goals? What is your ultimate ‘dream job’?

A: Professionally, I aim to lead the modernisation of audit and governance practices further by leveraging AI, robotics, and advanced analytics. My ultimate dream job would be a global leadership role, such as Chief Risk Officer or Chief Governance Officer, where I can influence policy and drive innovation in governance, risk, and audit on an international scale.

Q: Which business/trade-related publications (magazines/newspapers/blogs, etc.) do you enjoy reading?

A: I enjoy reading The Economist, Harvard Business Review, Internal Auditor (IIA magazine), and ACFE’s Fraud Magazine. These publications inform me about global governance trends, risk, audit, and fraud prevention.

Q: What/who really inspires and motivates you personally?

A: I am inspired by leaders who drive change through integrity, innovation, and resilience. Personally, my family, colleagues, and the teams I’ve mentored motivate me to keep striving for excellence and making a positive impact in my work.

Q: If you could have a face-to-face meeting with an inspiring person – in any domain – who sets an example for transforming the world and inspiring others to do the same, who would it be, and what would you like to discuss?

Sam Altman, the CEO of Open AI’s - approach to innovation and his focus on using technology to solve large-scale challenges are inspiring. I’d want to discuss the potential of AI and robotics in transforming governance frameworks, particularly in public institutions that require modernisation and efficiency.

Q: Tell us more about yourself, including your likes/dislikes; strengths/weaknesses; business/life philosophy.

A: I enjoy traveling, exploring diverse cultures, and continuous learning. My strengths include strategic thinking, resilience, and the ability to build high-performing teams.  My philosophy is rooted in integrity, perseverance, and the belief that continuous improvement is key to success.

Q: How do you handle stress/failure?

A: I view stress and failure as opportunities to learn and grow. I manage stress by prioritising tasks, maintaining a healthy work-life balance, and seeking support from trusted colleagues and mentors. Failure is a chance to reflect, reassess, and approach challenges with renewed determination.

Q: If you could make a contribution to solving one/some of our societal problems, what would you like to tackle and why?

A: I would focus on tackling corruption and improving governance in public institutions. Corruption undermines development and trust, and by addressing it, we can ensure resources are utilised for the benefit of society, particularly in education, healthcare, and infrastructure.

Q: What are your hopes and aspirations for South Africa and its people?

A: I hope to see South Africa become a beacon of good governance, innovation, and equality. I aspire to contribute to creating a society where every individual has access to opportunities and where integrity and accountability drive our institutions.