Manager: Financial, Performance Audits & Investigations at Office of the Valuer-General

DUTIES:

• Audit planning. Provide input into the development of internal audit strategy and annual plan. Ensure completion of engagement planning procedures in line with the approved internal audit methodology. Compile system description which includes obtaining an in-depth knowledge of the area being reviewed and systematically and clearly documenting the processes/systems. Conduct and document walkthroughs to confirm the audit process is implemented as documented in the system description. Evaluate risk exposures and document controls relating to OVG’s governance, operations, and information systems in line with the International Standards for the Professional Practice of Internal Auditing (Standards). Draft audit programmes ensuring a logical flow that will accomplish stated objectives, address the risks, and tests the controls identified. 
• Conduct financial and performance audits. Conduct financial and performance audits as allocated (per the Internal Audit Plan). Periodic review of financial statements. Ensure compliance with GRAP standards. Execute all audit procedures as per the engagement audit program, developing and documenting quality working papers indicating the test objectives, audit results and conclusions appropriately. Record relevant information to support the conclusions and engagement results in compliance with Institute of Internal Auditors (IIA) standards. Perform audit work in compliance with the internal audit’s quality assurance and improvement program. Ensure that audit clients are kept abreast with progress of the audit review, including regular. communication of any exceptions noted. Perform Ad-hoc assignments as may be assigned. 
• Investigation policy and procedures. Develop, review and maintain OVG investigation policies and procedures for effective investigations within the OVG. Develop and review comprehensive investigation and forensic audit methodologies in line with industry standards. Facilitate the effective implementation of investigation policy and procedures within the OVG through training and workshops. Ensure that investigation policies and procedures align with OVG’s fraud and ethics management strategies. 
• Investigation Management. Facilitate the conducting of investigations in line with investigation policy, procedures and methodology as approved. Conduct preliminary assessment of reported cases of fraud, corruption and irregularities to determine course of action. Plan and conduct investigations into reported allegations. Monitor and report on outsourced investigations on requested intervals. Maintain records of active and finalised investigations, including providing information when required. Prepare formal reports on investigations to various stakeholder levels as required. Provide advisory support on disciplinary, criminal and civil proceedings. Compilation and maintenance of investigation register and findings thereof. Engage with relevant stakeholders during investigations, which includes internal staff, management and external stakeholders such as SAPS, where required. Recommend remedial actions to prevent recurrence of investigated cases.
•  Project and Risk Management. Promote OVG’s risk management processes through audit project risk assessment. Report the impact on functional risk residual rating after completion of each audit project. Participate in the risk assessment processes of the OVG. Advisory services to OVG management on effective risk mitigation strategies. Facilitate the sourcing of suitable investigators / forensic auditors for alleged case(s) approved for investigations. Ensure timely completion of investigations from allegations’ reporting date. Liaise with HCS, Legal, Ethics Office and other relevant business unit during investigations. Monitor the delivery of investigation objectives for outsourced investigations. Identify and monitor investigation related risks in line with project management principles. Ensure the development of investigation project plans outlining objectives, tasks, timelines, and resources. Project specific reporting at required intervals. 
• Reporting, record keeping and Monitoring. Prepare audit findings and recommendations confirmed with the relevant stakeholders and produce an internal audit report that is representative of the audit execution conducted. Compile and present reports to management containing recommendations, ensure management action plans align to observations/findings. Demonstrate resourcefulness to obtain missing information or resolve discrepancies. Develop and maintain an audit log for issued audit reports (internal and external audits). Follow-up on the implementation of audit recommendations by management, including determining effectiveness thereof. Present audit reports to the Audit and Risk Committee. 
• Stakeholder engagement and Communication. Provide advisory support on disciplinary, criminal and civil proceedings. Conduct training and workshops on investigation related matters. Manage relationships across the business, and with external service providers. Establish and maintain relationships with key stakeholders to promote the OVG brand through collaboration and partnerships with business heads, trade, and broader industry/sector player. Interface with business units to understand Internal Audit and functional business unit needs and monitor and measure the services provided by the Internal Audit team to ensure delivery improvement recommendations are built into the delivery model and services. Influence stakeholders through effective and persuasive communication. Respond to and address Audit related issues, concerns, and suggestions within the OVG environment. Participate in regular Internal Audit team meetings. Operate within delegated authorisations. Participate and represent the Internal Audit Business Unit in respective committees, and governance structures. Adhere at all times to the values of the OVG. Negotiating with different stakeholders is crucial for successful stakeholder management. Crisis management

Requirements

• Formal Qualifications: Minimum NQF level 7 Degree in Auditing, Finance, Accounting, and Risk Management or Equivalent qualification from a recognised institution. 
• Job-Related Work Experience: Minimum 5 years in Performance, Accounting and Finance Auditing with 3 years conducting investigations. 
• Active professional membership as follows: Membership with the IIA / IIASA or SAICA.