No Substitute for Hands-On Experience
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MEMBER PROFILE
David Wilson, CFE
Security and Asset Protection Manager
Coca-Cola South Africa
There is no substitute for hands-on experience in fraud examination. This reality has helped guide David Wilson, CFE, in his career and is also a key piece of advice he imparts to others looking to enter the profession. As security and asset protection manager for Coca-Cola South Africa, Wilson earned the CFE credential in 2010 – and regards that, along with his successful investigations, among his proudest accomplishments.
What first interested you in the ACFE and inspired you to seek the CFE credential?
Initially, I was just an associate member of the ACFE. Once I started receiving the communications, advice, courses offered and the professional development opportunities, I learned the value of the CFE credential.
What specific advantage has it given you in your career?
The credential has given me many advantages. One of the most important is that it adds value to court testimony as the credential is well respected by the legal fraternity in South Africa.
What are some ways you’ve been able to apply your CFE training to your job?
I have downloaded the training material, which I intend rolling out at our offices to educate finance personnel regarding red flag indicators. I am launching a fraud risk assessment and implementing proactive strategies to mitigate the risk of occupational fraud in the workplace. These preventative strategies are ways in which I leverage the CFE credential daily.
In your opinion, why is anti-fraud education and awareness important for businesses and government agencies?
Having readily trained associates within the workplace contributes to the reduction of fraudulent schemes. Fraud may be detected much earlier, ensuring that the median loss is greatly reduced.
What advice would you give to someone just starting their career as a CFE?
Shadow a seasoned investigator to learn the tricks of the trade. You can’t learn everything from the manuals. Having the CFE will certainly provide the groundwork, but hands-on experience is a great advantage.
What impact has being a member of the ACFE had on you personally and professionally?
It has enabled me to network with like-minded individuals and share experiences and learn new skills. The ACFE Fraud Conference in Orlando gave me a great sense of the organization and the resources at my disposal.