Divisional Internal Audit Manager at Lactalis South Africa

Job Description

Governance and Risk Management

• Manage internal relationships and partner with relevant stakeholders in business and IT to share and leverage risk management practices, tools and capabilities, and work together towards an aligned and integrated approach to assurance and risk management.
• Conduct risk assessments to identify and prioritise audit areas.
• Adhere to AECI methodology, policies, and procedures.
• Stay abreast of current internal audit standards, methodologies, and industry best practices.
• Manage and direct co-sourced partner staff and other SMEs on audit projects.
• Assess the design and operating effectiveness of internal controls to mitigate identified risks.
• Assess compliance to relevant laws, regulations, and internal policies.
• Evaluate the design adequacy and operational effectiveness of the organisation's corporate governance structure and processes.

Management of the audit process

• Develop and execute the internal audit plan, ensuring alignment with the organisation's strategic objectives and risk profile.
• Engage with the co-sourced partner to evaluate potential team members and provide specific guidance and coaching where required.
• Oversee the internal audit plan and its execution by the co-sources service provider, including developing audit programs, conducting interviews during planning and execution and reporting phases, analysing data, determining if additional CAATs or data analytics can be applied to enhance the assurance provided.
• Follow up on the implementation of audit recommendations to monitor corrective actions are taken i.e. Issue Tracking.
• Ensure effectiveness of the audit process, based on value-add. Recommend sustainable risk-based remedial actions.
• Review and approval of all audit reports provided by the co-sourced partner, and holding them to account for the quality of work delivered.
• Ensure that audit reports are communicated promptly to management.

Operations and Efficiency

• Contribute to the continuous improvement of the internal audit function.
• Assessing the efficiency and effectiveness of key business processes relevant to each audit activity.
• Analyse and report on the accuracy, completeness, and security of data relevant to each audit activity.
• Evaluate managements processes in place to identify and prevent fraud / other financial irregularities.
• Manage engagement budgets and other project related costs.

Communication and Reporting

• Assess, identify, and report on practices within the scope of respective audit projects.
• Communicate audit findings and recommendations to management in a clear and concise manner.
• Build and maintain relationships with relevant stakeholders to ensure awareness of the latest projects’ timelines, risks/opportunities, and to quickly mitigate or leverage them respectively.
• Draft the audit report, incorporating audit findings and formulating risk themes and the overall audit outcomes and messages.
• Preparation of IT Audit Committee Reporting, IT Risk Committee Reporting, IT Steerco Reporting and participation in these meetings

Leadership and People Management

• Guide team members / co-source partner to enhance their understanding and application of AECI audit methodology, policies, and procedures.
• Provide performance feedback to co-source partner.
• Ability to meet deadlines.
• Promote a culture that supports high performance through performance management and stakeholder engagement.

Qualifications & Experience

• BCom Hons, Articles
• CISA
• CIA (advantageous)
• CA (SA) certification will be advantageous
• Any other relevant post graduate qualification/s
• CISSP (Beneficial)
• CISM (Beneficial)
• Understanding of manufacturing, mining and chemical industries (Advantageous)
• Minimum of 7 years of experience in internal audit, with at least 3 years of experience in a managerial role, including contributing to the development of the AGIA strategy.
• Experience in SAP auditing is required.
• International Financial Reporting Standards (IFRS)

Closing Date

• 2025/12/04