Internal Auditor at The National Student Financial Aid Scheme

RESPONSIBILITIES:
Policy, Systems & Procedure Administration 

• Administer all internal audit policies, and audit methodology documents. 
• Disseminate documents to line managers for planning and implementation. 
• Administer relationships that have been established with all NSFAS business unit staff. 
• Work collaboratively with business unit staff as a trusted partner operating independently and providing assurance with regards to the operations and control environment within business and use audit policies, systems, and procedures to implement audit execution across departments. 
• Ensure that audits and internal audit assignments are executed in accordance with Section 10 of the Audit Methodology.  

Core Objectives Administration 

• Support senior auditors as assigned by the department head in effectively performing daily operations. 
• Draft and submit timeous audit issues with findings and recommendations. 
• Administer audits in line with the Internal Audit Methodology specifically: scoping, problem statement / hypothesis wording, testing procedures, sampling and source data and testing results. 
• Ensure that audit issues closed by management are adequately and timely issue assured, and that issues assurance testing and reporting is executed according to the methodology. 
• Document the daily audit operations in line with section 9 and 10 of the audit methodologies. 
• Coordinate audit implementation between internal audit unit and relevant departments. 
• Coordinate timeous closure of internal audit issues with departments.  

Performance Contracting 

• Ensure individual performance contract is signed and reviews are done in line with policy.  

Stakeholder Management & Relationships 

• Build relationships with colleagues in other departments. 
• Daily liaison with clients. 
• Effectively engage with clients throughout the audit process.  

Budget Administration 

• Adhere to budgetary requirements per audit assignment and complete weekly timesheets. 

Compliance Monitoring, Evaluation and Sound Reporting 

• Administer approved reporting templates and tools for the unit. 
• Avail the templates for use by the unit senior employees. 
• Use of approved reporting templates and tools and make recommendations for improvements over time. 
• Adhere to internal audit methodology and processes. 

Information & Knowledge Management 

• Collaborate with stakeholders to build systems that enable the management of data obtained from different sources. 
• Collaborate with stakeholders to use their experience, education and understanding to obtain knowledge from this information. 

Reporting & Accountability 

• Document audit findings and exceptions identified while testing. 
• Ensure all exceptions are substantiated through sufficient evidence where possible. 
• Produce clear, concise, and detailed audit reports. 
• Comply with the relevant professional standards during performance of individual duties and responsibilities. 
• Housekeeping of all internal audit findings and exceptions as shared by senior employees. 
• Housekeeping documents of all audit evidence as provided by senior employees. 
• Housekeeping of all detailed audit reports.  

DESIRED SKILLS AND EXPERIENCE 
Minimum requirements: 

• NQF Level 7 relevant and in support of Internal Audit / Forensic Auditing. 
• Computer literacy – Intermediate MS Package Suite 
• Driver’s License 
• 4 - 5 years’ experience in either Internal Auditing, Forensic Auditing in both the financial services and government sectors  

Preferred:

• NQF Level 7 - in Internal Auditing or Forensic Auditing 
• 5 + years’ experience in either Internal Auditing, Forensic Auditing in both the financial services and government sectors.