Manager : Internal Audit
Full time
na Prodevelopment Group
no
South Africa
Publicado em February 1, 2025
Detalhes do emprego
PURPOSE OF THE JOB The primary role of the Manager: Internal Audit is to coordinate, implement and manage specific processes to support the implementation and execution of the Audit Plan and Audit Strategy for INSETA.
Key Performance Areas
Outputs- Internal Audit (40%)
- Assess significant activities of the INSETA, in terms of the adequacy of internal controls relative to the risk profile.
- Ensure that emerging risks and control deficiencies are identified and addressed effectively, efficiently and timeously.
- Analyse operational and management processes and system controls effectiveness and efficiency in order to improve them and propose value-added recommendations.
- Perform reviews of significant activities of the INSETA and ascertain the level of risk, and appropriately set the audit priority for such activities.
- Evaluate new or changing services, processes and operations.
- Coordinate the outsourced Internal Audit services in adherence to the Internal Audit Plan.
- Coordinate and monitor the implementation of the audit action plans, in consultation with relevant internal stakeholders.
- Contribute to preparation of the annual internal auditing plan in line with IIA standards for approval by the Audit Committee.
- Promote a high level of control awareness throughout the INSETA.
- Assist in the deterrence of fraud by evaluating the adequacy of internal controls in mitigating fraud risks.
- Follow-up on the progress of implementation of recommendations and monitor the improvement actions taken by the divisions in addressing audit findings.
- Conduct internal audit of significant activities of line departments to ensure compliance, and to mitigate risks.
- Provide support to the office of the CEO and Executives on all matters relating to internal and external investigations.
- Combined Assurance (30%)
- Ensure the development and implementation of the Combined Assurance Framework for INSETA.
- Review and maintain the Combined Assurance Framework.
- Coordination of Internal and External Audits.
- Build and maintain relationships with the relevant assurance providers.
- Undertake market research to ensure that best practices are adhered to, in line with the INSETA Excellence model.
- Reporting (20%)
- Prepare monthly management reports.
- Prepare Quarterly Reports for ARC and other governance structures.
- Contribute to the development of the Annual Report.
- Prepare responses to all relevant stakeholders in relation to the Internal Audit function.
- People Management (10%)
- Manage individual and team performance in line with set performance targets.
- Mentor and coach staff within the IA department where required and identify skills gaps to compile developmental plans with clearly defined career paths and job enrichment opportunities.
- Implement HR policies and procedures to control/regulate workplace conflict and initiate corrective measures and consultation to address deviations from standards.
REQUIRED QUALIFICATIONS AND EXPERIENCE
Qualifications Minimum Requirement: Grade 12 or equivalent plus NQF 7 Bachelor’s Degree in Auditing /Accounting or equivalent. Member of the Institute of Internal Auditors (IIA). Added Advantage: NQF level 8 qualification in Auditing / Accounting. Obtained or studying towards CIA/CISA/CA. Experience Minimum Requirement: A minimum of 5 years’ experience in a Management position in Internal Auditing or related field. Experience in a SETA/Public Sector environment will be an advantage.REQUIRED KNOWLEDGE AND SKILLS
Knowledge- Knowledge of legislations governing SETAs.
- Knowledge of Generally Recognised Accounting Practice (GRAP), Generally Accepted Accounting Principles (GAAP) and Professional Practice of Internal Auditing.
- In-depth knowledge of internal auditing, risk management, the PFMA and Treasury Regulations.
- Knowledge of the standards for the professional practice of internal audit, PFMA & Treasury Regulations.
- Understanding of investigations and audit processes.
- Strong knowledge of and skills of applying internal audit principles and practices, management principles and financial systems.
- Knowledge of risk management, corporate governance, and internal control frameworks.
- Integrity and confidentiality.
- Strong communication skills both verbal and written.
- Analytical and problem-solving skills.
- Ability to work under pressure and meet deadlines.
- Organisational and interpersonal skills.
- Proficiency in MS Office.
- Ethical Conduct.
- Professionalism.
- Adaptability.
- Organized and Multi-Tasking.
- Detail Oriented and Orderly Documentation.
- Foresight and Planning.
- Critical thinker who requires minimum supervision.
- Team player with excellent interpersonal skills.
- Emotional Intelligence.
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