Internal Auditor at Discovery Limited

Group Internal Audit

• Internal audit falls part of group finance, they are responsible for compiling internal audits throughout Discovery.  They audit, work processes systems, and task completed.  They compile their findings and present it to the area head.

Job Purpose

• The successful candidate will be responsible for completing audits for Discovery (Discovery Health, Vitality RSA and Vitality Group) and providing feedback on the outcome.  The successful candidate must have a drive, sense of urgency and work flexibility

Key Performance Area

• Awareness of the IIA International Professional Practices Framework (IPPF), Code of Ethics and Standards
• Perform audit in line with Audit Methodology and Audit Software requirements
• Assist Senior Internal Auditor in preparation of engagement letter
• Document systems description for the scope areas identified within the engagement letter
• Obtain approval from business for documented system descriptions
• To review the system established to ensure compliance with those policies, plans, procedures, laws, regulations and contracts which could have a significant impact on operations and reports
• Completion of the Audit Checklists and overall maintenance of the Pentana Audit File (in line with Audit Methodology).
• Document risks and controls for the scope areas identified within the engagement letter
• Obtain approval from business for documented risks and controls
• Prepare test procedures for adequate controls
• Perform fieldwork testing
• Draft working papers in line with GIA methodology
• Provide feedback to Senior Auditor / Audit Management regarding progress on activities
• Advise Senior Auditor / Audit Management immediately of any problems experienced on audit sections
• Escalate cases where feedback is not received
• Produce finalised working papers and evidence for all components of work, as per standards set in the Audit Methodology
• Confirm errors / control weaknesses identified with business prior to drafting observations
• Draft observations for confirmed errors / weakness and rate observations
• Format first draft of report prior to review by the Senior Internal Auditor / Audit Management
• Assist Senior Internal Auditor in ensuring that the management comments and agreed actions provided are appropriate
• Update Audit Software with all required information and sign off working papers
• Clear Audit Management / Senior Internal Auditor review / coaching notes (sign off)
• Completion of mini appraisals for each audit performed within 2 weeks of final audit report being issued.
• Timely capturing of billable time, proactively managing output and productivity of 90%
• Share business related knowledge with team.
• Implement training and learnings within audit work, to ensure continued enhancement and quality.

Qualification:

The following qualifications are a requirement:

• National Diploma Internal Audit / B Degree or equivalent qualification (with Accountancy and / or Auditing as majors
• CIA or studying towards CIA

Experience

• 2+ years of experience - Essential
• Health Insurance experience - Advantageous

Internal Knowledge and experience

• Discovery Health Product knowledge (Scheme and benefit rules) – Advantageous
• Regulatory knowledge (Medical Schemes Act and Gap Cover {Short Term Insurance}) – Advantageous
• Pentana Audit Software – Advantageous
• Proficiency in MS Suite – Essential
• Excellent problem-solving abilities and / or wide internal network / business relations - Essential
   

Attributes

• Upholds ethics and values and demonstrates integrity
• Takes initiative and works under own direction with the ability to make quick, clear choices which may include tough choices or considered risks
• Shows respect for the views and contributions of others.
• Strong negotiating and influencing skills.
• Excellent communication skills. The candidate should speak fluently, have the ability to write in a well-structured and logical manner.
• Demonstrates an understanding of different organisational departments and functions

Competencies

• Proficiency in the IIA International Professional Practices Framework (IPPF), Code of Ethics and Standards
• Sets high standards for quality and quantity and works in a systematic, methodical and orderly manner.
• Work independently
• Adapts to changing circumstances.
• Handles criticism constrictively and learns from it.
• Microsoft efficient
• Ability to draft reports
• Analyse statistics