Internal Auditor at BANKSETA

Main Responsibilities:

Internal Auditing

• Works closely with the Internal Head: Internal Audit to determine, plan and execute the scope and objectives of the internal audit unit.
• Conducts internal financial, operational, systems, ICT audits and risk assessments.
• Documents audit records for validity, accuracy and reports discrepancies.
• Advise on the development of the scope and objective of the audit, specifying the resource requirements, engagements, work program and working papers.
• Perform all phases of internal Audits and assist with internal audit processes.
• Prepare and provide first level review of documents, system descriptions and audit findings to ensure the retained documentation supports the audit work performed.
• Responsible for coordinating audit process to ensure audit delays are minimised and audit fieldwork and reporting timelines are met.
• Participates in follow-up processes with management to monitor the implementation of remediation plans.
• Provide administrative support to the Audit division and the Audit Committee.
• Coordinate processes to support the implementation and execution of audit plans.
• Assist with the review of the outcome of the audit processes in terms of its objectives, quality,
  completeness and feedback.
• Keep up to date with internal and ICT auditing best practices and legislation.
• Compile internal audit reports following the Internal Audit methodology, charter, processes, guidelines, best practices.

Audit Reporting

• Communicate progress of the Internal Audit to management throughout the audit.
• Prepare the draft audit reports for submission and distribution to the various stakeholders and the adequacy and effectiveness of stakeholder action plans.
• Prepare and finalise Audit Reports for quality review purposes.
• Produce progress and information reports according to requirements and timelines.
• Update of the audit findings register.
• Produce audit findings and recommendations reports and work with management to determine appropriate corrective plans

Stakeholder Management and Relations

• Liaise with relevant stakeholders during the audit process.
• Ensure awareness of the audit process and address areas of concern with relevant stakeholders.
• Assist in ensuring that audit findings are discussed with stakeholders where appropriate.
• Update the internal audit findings register in partnership with the relevant stakeholders.

Governance, Risk and Compliance

• Assist Internal Audit management to ensure the development and implementation of the risk register for the Internal Audit division.
• Analyse and evaluate the internal controls to determine their effectiveness in mitigating risks.
• Assist in the development of the risk register for the Internal Audit division.
• Update risks register in partnership with relevant stakeholders.
• Ensure compliance with the relevant legislation and regulations.

Required Qualification:

• Bachelors Degree in Commerce / Accounting / Internal Audit or equivalent (NQF7)
• Honours in Commerce / Auditing / Accounting/ Business Administration (Added Advantage)
• Certified Information Systems Auditor (CISA) (Added Advantage)
• 5 years working experience in internal auditing / auditing role
• Experience in auditing Information Communications Technology reviews including General Controls and Application Controls. (added advantage)