Manager: Internal Audit at Amatola Water

MINIMUM/COMPULSORY REQUIREMENTS:

• Possess a relevant degree NQF level 7 qualification (B Com/B Tech) or equivalent qualification in the fields of Accounting (with Internal or external auditing as one of the major subjects) or Auditing (Internal or external) or Risk Management (with Internal or external auditing as one of the major subjects).
• Membership of the Institute of Internal Auditors South Africa (IIASA).
• Minimum ten years auditing (internal or external) experience in a Corporate/Public Sector institution of which five years must be at supervisory/middle management level
• Experience in audit methodologies and audit software such as CaseWare, Teammate etc.

Added advantages:

• Certified Internal Auditor (CIA) qualification.
• Candidates with proven experience or background in reporting to the Audit & Risk Committee.
• Candidates with proven experience or background in executing investigations.

Key Outputs:
Reporting to the Audit & Risk Committee, the appointee will:

• Draft and present the three-year risk-based rolling strategic internal audit plan and annual plans in line with the approved risk assessment report.
• Monitor the annual plan implementation as approved by the Audit & Risk Committee.
• Report on and advise top management and the Audit & Risk Committee of the Board on audit and internal control issues and the implementation of the internal audit plan.
• Design internal audit procedures and work programs.
• Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
• Identify key areas of risk within AW and propose appropriate controls to mitigate the risks.
• Prepare audit reports in line with the approved audit plan.
• Recommend changes and enhancements to existing policies and controls to make sure they are current, adequate, functional and utilized in accordance with standards established by the government and the entity.
• Monitor the timely implementation of the management actions recommended in the audit reports.
• Conduct ad-hoc investigations and reviews as requested by senior management or the Audit & Risk Committee.
• Liaise with the external auditor on internal control issues.
• Preparation and updating of a manual to guide the internal audit department’s operations.

Other Requirements Needed:

• Ability to build relationships while asking tough questions.
• Audit techniques (work programs, tests, sampling. documentation, reports).
• IT MS Office (Word, PowerPoint, advanced Excel).
• In-depth knowledge of GAAP/GRAP
• Management and leadership skills.
• Analytical skills.
• Above average English communication skills (written and verbal).
• Knowledge and understanding of Global Standards on Internal Auditing and principles relating to Governance, Risk Management and Public Finance Management Act.