Senior Internal Auditor - JHB - Northern Suburbs at wePlace

Responsibilities/ Work attributes

• Establish, manage, maintain and promote the standing and image of the Internal Audit Department;
• Jointly maintain and execute Internal Audit policies and procedures;
• Jointly maintain and execute strategic and operational risk-based audit plans;
• Perform system descriptions and assess business risk, as well as knowledge in conducting risk assessments;
• Jointly develop/ review and execute the audit engagement plan and audit engagement programme (risk and controls matrix) to meet the objectives of the Internal Audit engagement;
• Execute the planned audits alone and hold meetings and discussions with management and senior executives;
• Have knowledge on how to audit in a business environment where there are no detailed step by step policies and procedures;
• Jointly communicate the results of the Internal Audit engagements to the relevant stakeholders, management and senior executives;
• Manage and review the Internal Audit engagement outcome;
• Draft the Internal Audit Report in respect of the Internal Audit engagements performed and discuss the reportable findings with management to facilitate obtaining management comments and management remediation plans;
• Be conversant with auditing a number of key areas (relevant business cycles – Financial and Operational) in the business and hold discussions with operational staff, management and executive on how best these can be improved;
• Understand how to identify fraud red flags or fraud indicators;
• Jointly assess management remediation plans in respect of findings identified, and monitor implementation progress thereof;
• Be able to learn and understand the unique transactions and accounting systems used in the businesses of the division, as well as the ability to develop a quick understanding of business operations and transactions within the businesses of the division;
• Jointly train, coach, develop and mentor Internal Audit staff members;
• Assist with the preparation of the quarterly Audit Committee pack, including the Internal Audit Report within the Audit Committee pack for the purposes of the Audit Committee meetings;
• Where possible, utilise data analytics and data analytical applications in the execution of Internal Audit field work to enhance the efficiency and effectiveness of the work performed by Internal Audit;
• Continuous professional development and updating of technical knowledge to ensure continued competence;
• Continually sell internal audit to management and other stakeholders and demonstrate the value that internal audit is adding or is able to add;
• Conduct research on developments in corporate governance, risk management and internal audit and educate and support management on the new developments;
• Assist management with ad-hoc tasks and requests;
• Perform a supporting role to the Internal Audit Manager/s

 Knowledge and Skills

• Knowledge of King III and King IV Code of Corporate Governance;
• Excellent report writing, presentation and communication skills;
• MS Office suite; and the aptitude to work and interrogate various other application systems;
• Understanding and knowledge of Internal Financial Reporting Standards;
• Understanding and knowledge of International Standards of Auditing;
• Understanding and knowledge of Internal Audit Standards;
• Detailed understanding key operational and financial controls; and
• Ability to perform business process reengineering.

Experience

• Exposure to and experience in a variety of business types/ sectors, such as services, manufacturing, industrial etc.
• Exposure to different aspects of the business environment – risk, control and improvement focus;

Education or qualifications

• BCom degree in Accounting; and
• BCom Honours degree in Accounting; and
• Newly qualified and registered CA(SA)