Senior Manager: Audit and Risk at MICT SETA

MINIMUM/COMPULSORY REQUIREMENTS: 

• Honours Degree in Commerce/ Accounting or equivalent (with Auditing or Internal Auditing or Risk Management as one of the majors) 
• Certified Internal Audit (CIA) or Chartered Accountant CA (SA) 
• Registered member of SAICA or Institute of Internal Auditors South Africa or Institute of Risk Management South Africa 
• Ten years operational experience in internal auditing and Risk Management (with a minimum of five years in Management level) 
• Knowledge and exposure to various auditing/risk management software or tools such as TeamMate, CaseWare, Barn Owl etc. 
• Proven experience in working with the Board of Directors/Audit & Risk Committees, with a deep understanding of governance practices and strong reporting expertise.

ADDED ADVANTAGES: 

• Masters in commerce / Auditing / Accounting / Business Administration 
• Knowledge and exposure to the SETA environment 

OTHER ATTRIBUTES: 

• PFMA, Treasury Regulations and Public Service Regulations 
• Extensive knowledge and understanding of the principles and practice of Internal Auditing Standards, the South African Auditing Standards and Risk Management 
• Thorough knowledge of GRAP 
• Thorough knowledge of Enterprise Risk Management 
• Flexibility in working hours will be required to meet demands of the role. 
• Ability to deliver on diverse customers’ needs 
• Ability to meet deadlines and work under pressure 
• May be required to travel. 

ROLES AND RESPONSIBILITIES 

Strategic Leadership 

• Lead the development, management, and execution of the MICT SETA’s Internal Audit and Risk strategy and provide input into the overall strategy, policy, and decision-making direction of the MICT SETA. 
• Ensure development of Internal Audit plans 
• Ensure development of the Audit Charter 
• Ensure development of the MICT SETA risk framework 
• Ensure development of the MICT SETA Business Continuity Plan 
• Ensure the alignment of the Internal Audit and Risk strategy with the requirements of all SP and APP 
• Manage and monitor the implementation of risk management and mitigation strategies in the organisation.
• Provide guidance and consultations in the development of organisational strategies to improve financial and operational performance of the entity. 
• Ensure development of audit procedures and programs to evaluate the adequacy of the organisation’s internal control environment. 
• Ensure management is assisted in the development, management, and implementation of developing risk management strategies. 

Internal Audit 

• Ensure implementation of the annual audit plan 
• Ensure that quality and continuous improvement are fostered in the organisation’s control process. 
• Provide independent and objective assurance, advice and consult objectively to improve the effectiveness of risk management, governance, and control processes. 
• Ensure implementation of ad-hoc audits as and when requested / needed. 
• Provide consulting services beyond the Internal Audit assurance services, to assist management and Audit & Risk Committee in meeting its objectives. 
• Provide guidance to the management and Governance Committees on the adequacy and effectiveness of the overall control environment. 
• Lead the investigation of significant suspected fraudulent activities within the organisation and compile reports on the outcomes. 
• Lead the investigations on whistle blowing incidents and compile reports.

Enterprise Risk Management 

• Ensure implementation of requisite risk activities across MICT SETA which include inter alia strategic risk process, emerging risks, incident management, escalation and reporting, monitoring, mitigation development and monitoring etc. 
• Ensure that the risk processes are applied uniformly across the MICT SETA and correct deviations. 
• Recommend the risk culture positioning and drive initiatives towards an ideal risk culture. 
• Ensure that MICT has a well maintained “Compliance Calendar” indicating the expected timelines of compliance related processes and the anticipated submission date of evidence output. 
• Ensure implementation of a risk appetite framework and combined assurance model. 
• Ensure monitoring of the strategic, operational and projects risk profiles, including risk support to management, risk awareness and assessment of adequacy and effectiveness of risk mitigations/controls. 
• Report risk information to management and the risk management committee. 
• Facilitate the management of risks emanating from strategic and operational activities. 
• Ensure the effective use of the Enterprise Risk Management system. 
• Ensure development, implementation and maintenance of MICT Business Continuity Plan 
• Ensure adequate and effective fraud prevention and detection policies and mechanisms are implemented 
• Provide independent and objective assurance, advice and consult objectively to improve the effectiveness of risk management, governance, and control processes. ​​​​​​​

Governance and Compliance 

• Champion and coordinate all the Combined Assurance related activities 
• Consolidate reports from the audits for submission to management and Audit & Risk Committee (ARC). 
• Distribute audit and risk reports to relevant recipients 
• Report, at least quarterly, to the ARC and management 
• Review divisional progress against predetermined objectives quarterly and advise on necessary corrective measures as required 
• Regular follow up on the implementation of agreed action plans through the Audit Findings Register ​​​​​​​

Budget and Financial Management 

• Achieve annual goals and budget targets by effectively managing resources and stakeholder requirements. 
• Prepare, monitor and control the annual internal audit departmental budget 
• Execute prudent and proper management of divisions budget in line with MICTSETA SETA policies and Public Finance Management Act, 1999. 
• Exercise proper implementation of financial management protocols within the business unit in line with MICTSETA SETA policies. 
• Regularly monitor the budget and take corrective action as appropriate. 

Stakeholder Management 

• Develop and maintain strong relationships and communications with the Audit & Risk Committee to ensure concerns are addressed and expectations met. 
• Develop and maintain a strong working relationship with external auditors and other assurance providers to ensure the effectiveness of service delivery and appropriate resolution of findings/issues identified. 
• Provide support to strategic stakeholders in the achievement of their strategic objectives through the implementation of governance, risk management and internal control. 

People Management 

• Build and lead an effective and cohesive team through the effective management of resources. 
• Drive the implementation of talent acquisition, succession planning, development, and retention strategies for the office. 
• Ensure the enhancement of relevant knowledge and skills through continuous coaching, mentoring, and nurturing of talent in the business unit. 
• Create a high-performance culture and manage team performance effectively by translating and communicating the annual performance goals and measures into individual work plans based on agreed upon objectives. 
• Ensure the working environment contributes to improving employee engagement, recognition, and increased productivity. 
• Ensure the management of poor performance and disciplinary matters in line with the MICT SETA’s policies and procedures.