Senior Internal Audit Manager: Proactive Assurance, Advisory & Performance Audit (3028) at The South African National Roads Agency (SANRAL)

MINIMUM REQUIREMENTS:

• An Honours degree in Internal/External Auditing at an NQF Level 8. (includes related qualifications in Finance, Auditing).
• Must hold an active Certified Internal Auditor (CIA) designation or equivalent (includes CA(SA), RGA) and be a member in good standing.
• A minimum of 10 years' combined experience in internal or external auditing within the public sector (experience in entities governed by PFMA), of which at least six (6) years must have been at a managerial or supervisory level overseeing audit teams.

ADVANTAGEOUS:

• Experience in conducting performance audits will be added advantage
• Internal/external audit experience in a similar environment to SANRAL (a state-owned entity)
• Internal/external audit experience in public entities governed by the Public Finance Management Act (PFMA) 

TECHNICAL COMPETENCIES:

• Review of High-value tenders (SCM auditing)
• Ability to supervise teams
• Ability to assume a lead advisory role to management
• Experience in performance auditing
• Solid experience in knowledge of PFMA and Treasury regulations.
• Knowledge of Risk Management/Corporate Governance/Internal
• Control Frameworks
• Advanced presentation skills
• Data Analysis
• Project Management
• Knowledge of Research/Benchmarking
• Interviewing skills
• Compliance reporting

KEY RESPONSIBILITIES:

Proactive Assurance, assigned audits and Advisory

•  Oversee Planning of (SCM) Proactive Assurance and other assigned audits in accordance with Internal Audit Methodology and Global Internal Audit Standards – Engineering and Non-engineering engagements
• Oversee Execution of (SCM) Proactive Assurance and other assigned audits in accordance with Internal Audit Methodology and Global Internal Audit Standards – Engineering and Non-engineering engagements
• Report on (SCM) Proactive Assurance and assigned audits in line with Internal audit Methodology and Global Internal Audit Standards
• Present Audit results and reports to Management, Board and board subcommittees
• Track and monitor requests for proactive Supply Chain Management (SCM) reviews and allocation
• Provide value-add insights, trends and recommendations for improvement of internal control, risk and governance processes
• Provide value added advisory services to both management and board.

Strategic Functions

• Participate in development and updating of strategic and operational plans including risk-based Three-Year rolling Plan and annual audit Plan.
• Participate in the development and updating of the Internal audit Methodology and Internal audit Charter
• Participate in the development and updating of Internal audit Strategy
• Develop and update applicable policies and procedures
• Streamline audit processes to enable continuous monitoring of core processes to enable timely mitigation of risk events.
• Partner more closely with key internal and external stakeholders to ensure optimal combined assurance to the Board and Management and make certain that key risks are appropriately addressed.
• Advise Executive Management and the Board on emerging risks and governance improvements.
• Promote a culture of proactive assurance and continuous improvement.
• Lead innovation initiatives including continuous auditing. 

Performance Audit Leadership

• Lead performance audits focusing on economy, efficiency and effectiveness.
• Ensure performance audits assess achievement of strategic and operational objectives.
• Evaluate service delivery performance and value-for-money outcomes.
• Review audit findings and recommendations relating to organizational performance.
• Benchmark SANRAL practices against leading public-sector and infrastructure entities.

Engagement Planning – Internal Audit 

• Oversee development of risk-based audit plans and audit programmes.
• Oversee audit execution to ensure compliance with Global Internal Audit Standards.
• Ensure effective use of audit technologies and data analytics tools.
• Monitor audit progress against approved plans and timelines.
• Drive quality assurance and continuous improvement initiatives.
• Ensure maintenance of a quality audit file system and audit evidence repository.

Engagement Execution - Internal Audit

• Lead and oversee execution of assigned assignments in accordance with SANRAL Internal Audit Methodology and the Global Internal audit standards
• Oversee audits to ensure that they are conducted within the time budgets, scope, quality and timelines determined as per the audit plan.
• Evaluate the suitability of internal control design and effectiveness and make recommendations on findings.
• Oversee the audit team and provide guidance to ensure timely completion of audit projects.
• Perform any other tasks as required from time to time.

Engagement Management and Reporting - Internal Audit

• Review and approve audit reports before submission for finalization
• Present significant audit results to Executive Management, Audit and Risk Committee and Board Committees.
• Ensure reports are accurate, objective, clear, concise and constructive.
• Monitor implementation of audit recommendations and management action plans.
• Provide strategic assurance reporting to governance structures.

Stakeholder Engagement 

• Effectively engage and communicate with auditee management, audit team, service providers, external auditors, other stakeholders and Internal Audit management
• Ensure that internal audit activities are effectively coordinated with other assurance providers including risk management, forensics, ethics and compliance functions.

People Management

• Lead and manage Internal Audit Managers and audit teams.
• Drive staff development, succession planning and capacity building initiatives.
• Establish performance expectations and monitor achievement thereof.
• Coach and mentor managers and senior auditors.
• Foster a high-performance culture aligned to SANRAL values.
• Ensure adequate skills and resources to deliver the Internal Audit Plan.

Financial Management

• Develop and manage budgets for assigned portfolio.
• Monitor expenditure against approved budgets.
• Ensure efficient utilization of internal and outsourced audit resources.
• Contribute to procurement and transformation initiatives.