Audit Manager at Auditor-General of South Africa

Audit planning

• Conduct research and ensure an adequate understanding of the auditee’s business environment including risks that may potentially affect the audit process
• Discuss the identified risks with the audit team and come up with procedures to mitigate risks
• Discuss the audit objectives, audit approach, focus areas and criteria with the audit team in line with AGSA methodology
• Ensure the audit is capacitated with the skills and expertise required
• Plan and scope the audit assignment effectively. Allocate resources, define deadlines and ensure appropriate project management is implemented and monitored
• Ensure that appropriate audit components/sections are allocated to the audit team in line with their skill level and areas for development
• Facilitate engagement meetings (entrance engagement) with management of auditees to discuss the scope, focus areas, objectives, methodology and due dates and request management to provide the audit team with relevant contact names, policies and procedures and any other information to assist in conducting the audit successfully

Audit Execution

• Coach the team and ensure that the audit is executed (planning, execution and reporting) within the required quality standards
• Regularly review audit working papers
• Ensure that TA’s are coached and trained to complete tasks and meet competencies
• Liaise with the management of the auditee on a regular basis through audit steering committee and audit committees
• Constantly engage with the engagement manager to provide updates on audit progress

Audit reporting

• Review the audit and management report to ensure that it is written in compliance with relevant audit and quality standards and discuss findings with SM
• Accurately capture and update audit outcomes on the audit update software
• Review communication of audit findings and request for information

Stakeholder engagements

• Build strategic and value adding relationships with key stakeholders in the auditees to ensure support during the audit process
• Liaise with key stakeholders at auditees to provide relevant information to ensure that oversight structures are empowered
• Assist in the preparation of presentations on audit reports to parliamentary committees
• Liaise with private audit firms relating to contract out audits

People Management

• Implement initiatives for creation of talent pipeline and succession planning
• Addressing any people matters that may arise from the team
• Manage performance (including poor performance) to ensure that the team is productive and will contribute to achievement of organisational goals
• Provide on the job training, coaching, mentorship and support to the team
• Ensure that Trainee Auditors receive adequate and relevant exposure on audit components to ensure compliance with SAICA requirements
• Support the implementation of the People plan initiatives to attract and retain competent staff

Financial management

• Provide inputs in compilation of the centre budget
• Monitor own and team recoverability and manage resources to comply with budget targets
• Responsible to follow up with debtors, processing of invoices and monitoring of CWC budgets
• Manage project financials including budgets, timely billing and collection and variance recognition

Ad-hoc duties

• Perform and/or manage other projects, tasks and assignments not stipulated on the job description as and when required

Formal Education

• CA (SA) / ACCA / RGA

Experience

• Completed articles (3 years)
• 2 years’ experience as an Assistant Manager
• Experience of technical understanding of audit environment, audit standard practices and reporting on audit outcomes
• Experience in planning and monitoring the use of expenditure to meet organisational objectives and compliance
• Experience in budget preparation and reviewing budget documents or reports