Audit Manager - Free State at Auditor-General of South Africa

Roles & Responsibilities

Strategic Function

• Provide support with the implementation of the BSC initiatives within the BU.

Product Management

• Compliance with all the requirements of international standard on auditing and AGSA methodology which include but not limited to;

Audit Planning:

• Conduct research in order to gain an understanding of the auditee’s business environment including identification of audit risks and mitigation thereof.
• Manage the audit objectives, audit approach, focus areas and criteria with the audit team in line with AGSA audit strategy
• Identify the resources required and recommend to SM the relevant audit team including appointment of specialist staff or contract out.
• Plan and scope the audit assignment effectively and ensure that appropriate audit components/sections are allocated to the audit team in line with their skill level and areas for development.

Audit Execution:

• Regular review of the audit working papers in line with the audit methodology and standards and conducting on the job training/coaching training for staff members at lower levels.
• Review errors identified during the audit and any other relevant audit documents and ensure that adequate reporting on uncorrected misstatements by lower levels.
• Liaise with the management of the auditee on a regular basis through audit steering committee and ensure timely communication of audit findings to the auditee

Audit Reporting:

• Review reporting working papers, audit and management report to ensure that it is written in compliance with relevant audit and quality standards and discuss findings with SM
• Accurate capturing of the audit outcomes and populate the required information for the general report.

Stakeholder Management

• Build strategic and value adding partnerships with key stakeholders in the auditees to ensure support during the audit process.
• Scanning the environment to ensure clear understanding of auditees business and update the SM with any potential problems identified.
• Update the stakeholder information on MIS.
• Assist in the preparation of presentations on audit reports to SCOPA and parliamentary committees.

People Management

• Manage the performance of the team including contracted in staff and ensure that the team is productive and will contribute to achievement of organisational goals.
• Implement initiatives for creation of talent pipeline and succession planning.
• 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 and operational management

• 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.
• Provide inputs in compilation of the centre budget and manage budget for the allocated projects.
• Ensure compliance to AGSA policies and procedures.
• Ensure compliance with internal processes and procedures.

Other responsibilities 

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

Formal Education

• Minimum qualification of  CA (SA)/RGA/ACCA

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;
• Experience in PFMA and MFMA
• Knowledge of the Public Audit Act