Internal Audit Manager at RCL Foods

Job description

What are we looking for?

• CA (SA) qualification. SAP experience would be advantageous. Minimum of 3 years’ post articles auditing experience is required with at least 2 years in a management capacity with strong advisory skills.
• Strategy and Planning Contribution: Assist the Group Audit Manager in the formulation of the audit plans (including annual and strategic plans) to optimise audit coverage that is compatible with the Group’s strategy and with regard to the risk environment and requirements of External Audit.
• Participate in the development of the methodologies of the Group. Provide strategic input into the broader functional planning and decision-making processes.
• Develop and promote Internal Audit to existing and potential new customers within the Group.
• Audit Planning and Execution Management: Manage a risk assessment of the assigned audit/functional area within required timelines. Prioritise organisational units by risk, considering revenue, asset base, staff compliment and strategic profile. Determine scope and approach of review in conjunction with the Group Audit Manager.
• Drive the implementation of risk based audit programmes. Manage audit testing of specified areas to test design and the operational effectiveness of controls.
• Manage and supervise each internal audit ensuring objectives are met within the ambit of the internal audit charter and best practice methodology.
• Review and evaluate the work papers of completed projects to ensure that adequate documentation has been gathered and that the working papers provide an adequate basis for reporting. Oversee the validation of audit issues identified through discussion with management and a review of mitigating controls. Oversee the tracking process employed to monitor the status of resolution of internal audit findings.
• Develop financial/operational control frameworks and update them on an ongoing basis.
• Coordinate audit coverage with the external auditors. Coordinate audit coverage with other assurance providers within the Group in line with the Group combined assurance model.
• Assist the Group Audit Manager with the review and revision of the three-year rolling plan, factoring in ad hoc developments requiring audit attention.
• Reporting: Ensure the production and submission of timely and clear audit reports to auditees with recommendations aimed at strengthening the overall control environment. Conduct a closeout meeting with process owners to discuss and finalise the audit report.
• Produce a final audit report for the approval and sign off of the Group Audit Manager. Provide summaries on audits conducted for the Divisional Executive Committees.
• Systems Improvement: Advise senior management on systems and processes requiring improvement. Oversee the follow-up on audit findings to ensure adequacy and timeliness of corrections. Drive the improved awareness regarding internal audit and the importance of a sound control environment with the Group. Contribute to project steering committees in relation to system/process enhancements. Manage the evaluation of information security and associated risk exposures. Manage the evaluation of regulatory compliance programmes in consultation with the legal advisor. Manage the evaluation of the Group’s business continuity readiness.
• Budget Management: Prepare the annual divisional budget Audit Committee
• Reporting: Assist the Group Audit Manager in compiling an annual Divisional audit plan for inclusion in the Group Audit Plan after consultation with Executive Directors. Consolidate documents for submission to the Audit and Risk Committees.
• Staff Management: Develop staff within the context of the Labour Relations Act, Employment Equity Act, Basic Conditions of Employment Act and the Skills Development Act.