Internal Audit Specialist at Amatola Water

Minimum Qualification:

• B-degree with Auditing / BTech Diploma Internal Auditing, Accounting or Finance.

Preferred Qualification:

• CIA /CISA / CA(SA) / CFE / CRMSA will be added advantage

Minimum Experience:

• 3 years internal auditing experience and at least 2 years of staff supervision in an Internal Auditing environment

Professional Registration:

• Registered as a member of the Institute of Internal Auditors.

Key Outputs:
Reporting to the Senior Manager: Internal Audit, the appointee will:

• Manage Audit Planning and Execution
• Drive execution of the audit plan within assigned portfolios, including allocation of audits to Internal Auditors. Align audit planning and execution with organisational risks, regulatory expectations, and best-practice audit methodologies.
• Lead engagement initiation activities, including issuing of audit notifications to management, facilitating scope confirmation meetings with management and conducting engagement-level risk assessments.
• Lead and Coordinate Leadership and Quality Assurance
• Lead and manage internal audit engagements from initiation through to final reporting, ensuring compliance with the IIA Standards, IPPF and internal methodologies
• Conduct in-depth assessments of processes, risks, and controls to determine control adequacy, effectiveness, and efficiency.
• Ensure Risk Management and Control Evaluation
• Evaluate risk exposures across financial, operational, credit and development activities.
• Assess the design and operating effectiveness of internal controls, identifying weaknesses and root causes
• Manage Reporting and Governance
• Consolidate audit findings into clear, concise, and impactful reports, and prepare and present these to management.
• Maintain complete, accurate, and well-documented audit working papers in line with internal standards and audit trail requirements.
• Supervise and develop Internal Audit Team
• Supervise, review, and quality assure work performed by Internal Auditors and Interns.
• Carry out reasonable and lawful instructions as given by the Internal Audit Manager and or the Internal Audit Specialist within the ambit of the position taking into consideration competencies and operational requirements

Key Competencies:

• MS Office (Word, PowerPoint, advanced Excel)
• Knowledge and understanding of international Standards for the Professional Practice of Internal Auditing, principles relating to Governance, Risk Management and Public Finance Management Act.
• Audit techniques (work programs, tests, sampling. documentation, reports)
• Analytical skills
• Above average English communication skills (written and verbal).
• Ability to build relationships while asking tough questions
• Report writing and presentation skills.
• Ability to work independently, as well as part of an auditing team.
• Valid unendorsed drivers licence