Internal Audit Officer at Gauteng Partnership Fund

KEY PERFORMANCE AREAS

The incumbent is expected to deliver on the following detailed key performance areas:

Assist and implemented internal audit activities, thereby

• Assisting in the development, maintenance, implementation and review of the internal audit work programmes, audit plan and risk register and drive the development, deployment and update/review of the relevant policies and other frameworks for the Internal Audit Function.
• Establish effective business relationships within the GPF and assist management in the understanding/application of and adherence to internal control, risk management, compliance and governance principles.
• Perform audits through the review of physical and electronic records, evaluate the level of compliance with established business control policies, processes, procedures, standards, laws and regulations in assigned functional areas/business units, identify control weaknesses or process improvement opportunities and initiate workable solutions.
• Document and file work papers and audit procedures performed. Track timely and effective corrective actions taken following audit recommendations.
• Maintain back up (physical and electronic) of all internal audit materials for easy retrieval and reference and monitor the document management process across the Company.
• Assist in risk assessment, monitoring and reporting.
• Monitor and drive compliance with regulatory and statutory requirements across all business areas.
• Investigate and report all alleged cases of fraud, waste, abuse and
  inefficiencies and make recommendations on appropriate preventive or remedial actions.
• Implement the internal audit strategic initiatives relating to key responsibilities.
• Carry out other responsibilities as may be required by the Manager: Internal Audit, Management or Board. 

Ad – Hoc Duties

• Assignments from Manager: Internal Audit/CEO/CIDO/CFO/CSE as and when required

Teamwork

• Invitation, evaluation and finalisation of quotes in line with policy and applicable legislation
• Invitation, evaluation and finalisation of bids in line with policy and applicable legislation
• Preparation of all documentation pertinent to above such as score sheets, evaluation reports, comparative schedules, other relevant reports, purchase orders, letters of appointment etc.
• Inform line manager of any irregularities relating to the quotation and bid process.

Requirements

APPOINTMENT REQUIREMENTS

• A minimum of first degree in Internal Audit, Accounting, Finance, Business Administration, or related qualification at NQF level 7
• Minimum of 3 - 4 years of experience in the internal control/audit function,
  preferably in the financial services or property related industry.
• Relevant professional certification e.g. IIASA, IRBA, SAICA or any other recognised internal audit professional bodies