Senior Internal Auditor (Performance Audit and AOPO): 5 Year Fixed Term at SA: Central Energy Fund

 REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree (NQF 7) in Accounting/Auditing/Risk Management or equivalent.
• Minimum 5 years’ experience as an internal auditor.
• Relevant certification required.
• Member of the IIASA.
• Honours' Degree (NQF 8) in Accounting/Auditing/Risk Management or equivalent will serve as an added advantage.

KEY PERFORMANCE INDICATORS:

Audit Planning

• Participate in the preparation of the annual Internal Audit Plan
• Prepare individual audit plans on receipt of audit allocations from the Manager
• Draft audit objectives, scope, background and period of execution
• Prepare planning memorandum
• Communicate in advance to management that the audit will be taking place and participate in meetings with management to outline the scope of the audit
• Develop an internal audit programme aligned to the scope agreed to with management

Audit execution

• Prepare audit working papers based on audit programme
• Request information from management to execute the audit
• Gather appropriate evidence to substantiate audit findings
• Draft audit findings and submit to Manager for review
• Monitor the delivery of the audit in accordance with the time budget and communicate any audit overruns to the Manager
• Engage with management throughout the audit
• Recommend corrective action and process and internal control improvements
• Conduct the audit in accordance with the IIA standards and Internal Audit Plan
• Exercise a significant level of responsibility for the provision of accurate, professional and timely audit related services within CEF Group, including internal audit, risk and compliance management, internal control frameworks, systems and processes and business continuity management.
• Provide expert advice, support and recommendations to management and staff on a range of complex internal audit, compliance, audit and risk management matters, in accordance with established government policies and procedures, legislative requirements and professional standards.
• Significantly contribute to the establishment, delivery and maintenance of an efficient and effective risk management and compliance framework and related policies, practices and processes consistent with government legislation, regulations and relevant professional standards.
• Undertake complex project work including initiating, planning, implementation and evaluation of internal audit, compliance and risk management functions and processes to improve their efficiency.
• Contribute to the achievement of CEF Group objectives, goals and priorities, through the application of specialist compliance related knowledge, expertise and experience.
• Liaise and consult with internal and external parties to contribute to the on-going development and improvement of corporate compliance and risk management services.

Audit reporting and follow-up

• Prepare reports to document audit findings and submit to the manager for review and Chief Internal Auditor for approval
• Provide feedback to process owners on outcome of audit
• Follow-up on the implementation of the previous year’s findings raised
• Input into monthly and quarterly audit reporting

Audit investigations

• Conduct investigations on special requests received from managements as allocated by the Chief Internal Auditor and submit findings to the relevant stakeholders
• Conduct investigations in accordance with company procedures, policies and applicable legislation
• Conduct investigations within the allocated timeframe

Quality Assurance and methodology compliance

• Apply International Standards for the Professional Practice of Internal Auditing (IPPF)

Audit of performance information

• Perform the audits in line with the Audit criteria for assessing the AOPO
• Provide Assurance on usefulness and the reliability of the performance reported
• Provide assurance on whether the performance presented comply with legislative requirements
• Play the consultive role in the development of the KPI and targets on the corporate plan
• Review the corporate plan before submitted to the shareholder
• Perform the audit of the predetermined objectives before the quarterly reports are submitted to the shareholder
• Provide assurance on whether the Objectives, indicators and targets are consistent between planning and reporting of the predetermined objectives.
• Assist to conduct the performance audits on projects and other components before the tender is awarded for improvements purposes.
• Provide Assurance on whether goods and services were procured economically, resource were utilised efficiently and effectively and report accordingly when necessary

Stakeholder engagement

• Liaise with management across business units, providing support and advice on control issues
• Support the Audit Committee through accurate and timely reporting
• Maintain professional relationships with assurance providers (e.g., AGSA, external auditors)