Audit Specialist: Group Internal Audit (Cape Town) at Sanlam Group

What will you do?

• Under general direction, independently performs audits following the audit plan with responsibility for audit missions planning, performance, documentation and elements of reporting.  Position may provide functional advice or training to less experienced audit positions.  Ensures that audits are conducted in accordance with professional and laid down standards.  May supervise junior Internal Auditors.  Manages audit relationships with line management in regard to audit performance and determination of remedial action.

What will make you successful in this role?

• Client relationship management (including reporting to middle management)
• Performance of complex control adequacy and control effectiveness reviews end-to-end (CARs & CERs) including drafting of test plans and sample criteria
• Supervisory role
  • Plan and oversee the execution of CARs & CERs
  • Assist with performing “on-the-job” quality assurance (including selected file and audit programme review)
  • Provides input into the annual audit plan of the business
• Transfer of knowledge to auditors and senior auditors
• Perform ad hoc assignments (e.g. management requests / projects, etc.)
• Assist management team
  • Provide input to performance evaluations and staff development of auditors and senior auditors
  • Provide input to strategy execution, etc.
  • External audit relationship management 
  • Assist with file review of CERs. 
  • Assist with preliminary file review of CARs.
  • Assist with staff scheduling and monitoring thereof.
  • Assist with the annual planning for selected clients.
• Provides input into the scoring of the internal control environment 
• Reporting
  • Rating of audit observations and obtain management comments 
  • Drafting, issuing and discussing management letters 
  • Prepare the Finance and Risk Forum reports for review by the Audit Manager for selected clients
  • Attend Finance and Risk Forums for selected clients

Qualification and Experience

Qualification: 

• A completed B. Com degree in Accounting / Financial Accounting / Management Accounting or equivalent degree or Diploma in Internal Auditing
• Chartered Accountant (CA)

Experience:

• Chartered Accountant (CA) with SAICA articles 
• Minimum of 7 years audit experience of which at least 2 – 3 years of Financial Services auditing would be an advantage.
• Detailed knowledge of appropriate Financial Services 
• Understand the role of control models
• Understand the concept of risk-based audit planning and execution.
• Understand all IIA Standards and specifically as it relates to audit assignment execution
• Basic understanding of sampling
• Understanding of the appropriate Corporate Governance Codes and its recommendations as it specifically relates to internal audit and risk management
• Understand the objectives and basic process flow of major business processes
• Ability to effectively use the basic functionality of the technology commonly used
• Detailed knowledge on how to perform a CAR and how to draft an audit test plan
• Understanding of staff management practices.

Other:

• Prepared to travel
• Valid driver’s license

Knowledge and Skills

• Conducts Internal Audits
• Reporting
• Coaching and mentoring of junior auditors
• Manages audit relationships with line management in regard to audit performance and determination of remedial action
• Leading of employees

Personal Attributes

• Plans and aligns - Contributing through others
• Decision quality - Contributing through others
• Business insight - Contributing through others
• Manages complexity - Contributing through others

Core Competencies

• Cultivates innovation - Contributing through others
• Customer focus - Contributing through others
• Drives results - Contributing through others
• Collaborates - Contributing through others
• Being resilient - Contributing through others