Internal Audit Manager - Proactive Assurance and Investigations (3022) at The South African National Roads Agency (SANRAL)

MINIMUM REQUIREMENTS:

• An Honours degree in Internal/External Auditing at an NQF Level 8. (includes related qualifications).
• Must hold an active Certified Internal Auditor (CIA) designation or equivalent, include CA(SA), RGA and be a member in good standing. 
• Must hold an active Certified Fraud Examiner (CFE) designation and be a member in good standing.
• A minimum of eight (8) years’ combined experience in internal/external auditing and forensic investigations within the public sector (experience in entities governed PFMA), of which at least five (5) years must have been at a managerial or supervisory level overseeing audit and investigation teams.

ADVANTAGEOUS:

• Internal/external audit experience in a similar environment to SANRAL (a state-owned entity).
• Forensic Investigation experience in a similar environment to SANRAL (a state-owned entity). 

TECHNICAL COMPETENCIES:

• Ability to assume an advisory role to management
• Solid knowledge of mentoring and coaching
• Solid knowledge of report writing
• Solid experience in knowledge of PFMA and Treasury regulations.
• Forensic and Criminal Investigations
• Knowledge of Risk Management/Corporate Governance/Internal Control Systems
• Knowledge of Data Analysis
• Knowledge in Project Management
• Knowledge of Research/Benchmarking
• Interviewing skills
• Compliance reporting
• Review of High-value tenders and proactive assurance reviews
• Investigations

KEY RESPONSIBILITIES:

Conduct Supply Chain Management (SCM) Proactive Assurance Audits

• Plan (SCM) Proactive Assurance Audits in accordance with Internal Audit Methodology and Global Internal Audit Standards.
• Execute (SCM) Proactive Assurance Audits in accordance with Internal Audit Methodology and Global Internal Audit Standards.
• Report on the (SCM) Proactive Assurance Audits in line with Internal audit Methodology and Global Internal Audit Standards.
• Present the Proactive assurance Audit report to Management, Board and board subcommittee.
• Track and monitor requests for proactive Supply Chain Management (SCM) reviews.

Conduct Forensic Investigations

• Plan forensic investigations in accordance with internal audit forensic investigation policies, policies and best practices.
• Execute forensic investigations in accordance with internal audit forensic investigation policies, policies and best practices.
• Report on investigations conducted in accordance with internal audit forensic investigation policies, policies and best practices.
• Track the implementation of recommendations arising from a forensic investigation.
• Compile and submit quarterly progress reports on forensic investigations.

Strategic Functions

•  Participate in the development and updating a risk based Three-Year rolling Plan and annual audit Plan.
• Participate in the development and updating of the Internal audit Methodology and Internal audit Charter.
• Participate in the development and updating Internal audit Strategy.
• Provide value added advisory services that offer proactive as opposed to detective assurance.
• Develop and update the forensic Investigations policies and procedures.
• Streamline audit processes to enable continuous monitoring of core processes to enable timely mitigation of risk events.
• Partner more closely with key internal and external stakeholders to ensure optimal combined assurance to the Board and Management and make certain that key risks are appropriately addressed.

Engagement Planning – Internal Audit

• Prepare project management plan and consider all requirements, deadlines for requirements, time needed to conduct audits, workforce availability and other elements e.g. use of service providers affecting the schedule.
• Lead the review and assessment of systems of control, risk management and governance to determine if the organization has adequate standards/processes in place to achieve organizational objectives.
• Supervise the audits from identification and planning of projects to issuing and presenting of final reports to executive management in accordance with the Global Internal Audit Standards and SANRAL Internal Audit Methodology.
• Considers all SANRAL requirements, deadlines for requirements, time needed to conduct audits, workforce availability and other elements affecting the audit schedule.
• Establish risk-based audit programmes.
• Conduct risk and control assessment of assigned department or functional area in established/required timeline for the development of the audit plan and the basis for planning audit projects.
• Lead engagement planning phase of the audit in interns of the SANRAL internal Audit Methodology and Global Internal Audit Standards
• Ensure appropriate audit software and data analytical tools are effectively utilised to plan, execute and report on audits.
• Writes correspondence notifying auditee being audited of schedule, assigned individual(s), source of audit, records required and other pertinent information.
• Keep abreast with and applies all relevant legislative changes, standard operating procedures, methodology and guidelines.

Engagement Execution - Internal Audit

• Lead the audits (special audit requests, follow up audits and audits as per the annual audit plan) in accordance with SANRAL Internal Audit Methodology and the Global Internal audit standards.
• Manage audits to ensure that they are conducted within the time budgets and timelines determined as per the audit plan.
• Source relevant information required for analysis and testing.
• Evaluate the suitability of internal control design and make recommendations on findings.
• Oversee the audit team and provide guidance to ensure timely completion of audit projects.
• Perform any other tasks as required from time to time.

Engagement Management and Reporting - Internal Audit 

• Prepare a draft audit report to include all audit findings identified.
• Present and discuss the audit report with the client.
• Maintain supporting evidence to ensure that engagement results are supported by evidence.
• Provide recommendations to enhance processes and controls.
• Assist in coordinating internal audit work with other assurance providers.
• Provide status reports on projects and recommend measures to ensure timely completion of the audits.
• Assist in compiling Internal Audit Report to management committees, Audit and Risk committee, other Board sub committees and the Board.

Stakeholder Engagement

• Effectively engage and communicate with auditee management, audit team, service providers, external auditors, other stakeholders and Internal Audit management
• Ensure that internal audit activities are effectively coordinated with other assurance providers through the agreement of a time bound combined assurance model, including internal and external audit, risk management, forensics and compliance functions.
• Provide post-investigation support to Management.

People Management 

• Manage own and staff productivity to ensure optimal use of resources
• Provide guidance to subordinates and service provider personnel on assigned tasks and/or activities.
• Lead, manage, manage performance and supervise staff allocated for reviews and other assignments and take responsibility for all outputs of the team.
• Manage own and staff productivity and deliverables in an effective manner and assume a supervisory role.
• Provide direction and management to the direct reports to ensure they execute the divisional strategy and manage their portfolios effectively.
• Be responsible for the implementation of the Human Capital Strategy for area of control.
• Ensure that there are sufficient execution capabilities within the audit team.
• Coach, train, guide and develop internal audit team.
• Oversee and manage the performance of the audit team.

Financial Management 

• Contribute to the preparation of the internal audit department budget.
• Monitor and manage the budget to prevent overspending and underspending.