Internal Audit Manager - JHB - Northern Suburbs at wePlace

Responsibilities/ Work attributes

• Establish, manage, maintain and promote the standing and image of the Internal Audit Department;
• Jointly develop, maintain and execute Internal Audit policies and procedures;
• Jointly develop, maintain and execute strategic and operational risk-based audit plans;
• Jointly develop and implement a quality assurance and improvement program in line with the quality standards of the Internal Audit Department;
• Jointly ensure development and execution of the audit engagement plan and audit engagement program (risk and controls matrix) to meet the objectives of the Internal Audit engagement;
• Ensure execution of the planned audits;
• Share knowledge on how to audit in a business environment where there are no detailed step by step policies and procedures;
• Jointly and timeously communicate the results of the Internal Audit engagements to the relevant stakeholders, management and senior executives;
• Manage and review the Internal Audit engagement outcomes and general IA Team Progress;
• Manage the Internal Audit team to ensure audit plan is met in an effective manner;
• Review the Internal Audit Reports in respect of the Internal Audit engagements performed;
• Understand how to identify fraud red flags or fraud indicators;
• Jointly assess management remediation plans in respect of findings identified, and monitor implementation progress thereof;
• Train, coach, develop and mentor Internal Audit staff members;
• Preparation of the quarterly Audit Committee pack, including the Internal Audit Report within the Audit Committee pack for the purposes of the Audit Committee meetings;
• Coordinate the activities of Internal Audit with those of other third-party assurance providers to establish combined assurance;
• Ensure use of data analytics and data analytical applications in the execution of Internal Audit field work to enhance the efficiency and effectiveness of the work performed by Internal Audit;
• Ensure continuous professional development (CPD) and updating of technical knowledge of IA Team to ensure continued competence;
• Continually sell internal audit to management and other stakeholders and demonstrate the value that internal audit is adding or can add;
• Conduct research on developments in corporate governance, risk management and internal audit and educate and support management on the new developments;
• Assist management with ad-hoc tasks and requests;
• Administer the Ethics hotline to ensure proper investigation, feedback and reporting of whistleblower calls.
• Perform a supporting role to Management

Knowledge and Skills

• Knowledge of King III and King IV Code of Corporate Governance;
• MS Office suite; and the aptitude to work and interrogate various other application systems;
• Understanding and knowledge of Internal Financial Reporting Standards;
• Understanding and knowledge of International Standards of Auditing;
• Understanding and knowledge of Internal Audit Standards;
• Detailed understanding key operational and financial controls; and
• Ability to perform business process reengineering.
• Experience
• Exposure to and experience in a variety of business types/ sectors, such as services, manufacturing, industrial etc.
• Exposure to different aspects of the business environment – risk, control and improvement focus;
• It would be preferable for the candidate to have at least 5 years relevant audit management experience (internal or external audit experience

Education or qualifications

• BCom degree in Accounting; and
• BCom Honours degree in Accounting or Internal Auditing; and
• Qualified Chartered Accountant (CA) with completed articles; or
• Qualified Certified Internal Auditor (CIA) with completed traineeship.
• Certified Information Systems Auditor (CISA) would be an added advantage.