Group Internal Auditor at ADvTECH

Overall purpose of the Job: 

• To assist the internal audit department in achieving its objective of providing reliable, value adding and independent assurance over the adequacy and effectiveness of the internal controls governance and risk management processes. In addition, providing ad-hoc consulting services as and when required.

Responsibilities: 

Output 1 - Planning Audits: 

• Provide input and assist with the development of the annual audit plan.
• Updates knowledge of the business, documents or updates system/process descriptions.
• Prepares a risk and control matrix that is in line with the system/process description.
• Provide input into the audit programme based on the risk and control matrix
• Performs analytical reviews through preparation of some ratios that are relevant to the business.
• Summarises internal controls in place, including all significant risks and management assertions, test objectives and tests procedures.
• Submits all the planning documents to the Senior and/or Group Internal Audit Manager for review prior to commencement of fieldwork.
• Cross references the audit program to the working papers.
• Documents minutes of entrance meetings timeously.

Output 2 - Quality Execution of Audit Field Work:

• Performs audit tests per the audit program within scheduled timeframes.
• Properly references the audit tests performed per the audit programme to the respective working papers.
• Completes the working papers clearly and ensures that they are properly numbered and cross-referenced.
• Bring to the attention of the Senior and/or Group Internal Audit Manager major and unusual issues as and when they are identified.
• Submits weekly progress updates to the Senior and/or Group Internal Audit Manager and submits completed audit file sections for review.
• Attends to audit queries as and when they are raised (during the review process), during the fieldwork of the audit.
• Promptly submits feedback in respect of the review queries to the Senior and/or Group Internal Audit Manager for review.
• Learns from the previous review notes.
• Performs a quality review of the file before submission to the Senior and/or Group Internal Audit Manager for review.
• Manages the projects from start to finish with input from the Senior and/or Group Internal Audit Manager.
• Perform follow-up audits.

Output 3 - Reporting Audit Results:

• Records all control weaknesses on the schedule of findings as soon as they are identified.
• Cross-reference each weakness on the schedule of findings to the respective working papers and the first draft audit report.
• Completes the control matrix during the course of fieldwork and upon completion of audit sections.
• Drafts and submits the audit report within prescribed timeframes after the completion of fieldwork.
• Ensures that draft reports are reviewed by colleague/s prior to submission to the Group Internal Audit Manager for review.
• Discusses with and emails audit issues to the audit client as and when they arise.

Out 4 - Perform ad-hoc assignments as required:

• Continuously enhance the control matrix.
• Perform interim and year-end peer reviews of financial results and management packs.
• Perform ad-hoc investigations (including ethics hotline complaints).
• Perform ad-hoc consulting activities.
• Prepare minutes of staff meetings.
• Provide input and assist with the preparation of the audit committee reports.
• Implement recommendations from the external quality review.
• Perform ad-hoc tasks as directed by the Group IA Manager.

Education Requirements: 

Minimum: 

• BCom (Accounting)/(Internal Audit) degree or equivalent.

Ideal: 

• BCom (Honours) Degree in Accounting or Internal Auditing or CTA.
• Certified Internal Auditor (CIA).

Experience Requirements: 

• 3 years - Internal Audit experience.
• 1 to 2 years - Senior Internal Audit experience (senior level).