Senior Manager Audit Governance Risk and Assurance Department at FSCA South Africa

Purpose of the Job:

• To ensure compliance with the FSCA's approved audit methodology and the Global Internal Audit Standards while providing strategic and operational support to the internal audit function. Reporting to the Chief Risk Officer, the Senior Manager Audit will be responsible for overseeing the execution and quality assurance of internal audit engagements across the FSCA. 

Key Performance Areas:

• Support the development and implementation of the Internal Audit strategy, annual audit plan, and risk-based audit plans.
• Oversee and quality review audit engagements to ensure compliance with approved methodologies and Global Internal Audit Standards.
• Provide technical guidance and support to audit teams during audit planning, fieldwork, and reporting.
• Review audit reports to ensure accuracy, quality, clarity, and actionable recommendations.
• Monitor and report on the implementation of audit findings and management action plans, including the escalation of high-risk and overdue matters.
• Build and maintain effective relationships with management, external auditors, and other assurance providers to support combined assurance activities.
• Lead and maintain the Quality Assurance and Improvement Programme (QAIP), including audit file reviews, quality assessments, and continuous improvement initiatives.
• Manage, coach, mentor, and develop internal audit staff to enhance individual and team performance.
• Oversee departmental administration, resource allocation, budgets, procurement processes, and audit records management.
• Ensure compliance with applicable legislation, governance requirements, FSCA policies, Treasury Regulations, PFMA, and professional auditing standards.
• Drive continuous improvement in audit methodologies, tools, practices, and the use of data analytics to enhance audit effectiveness and efficiency

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: The ideal candidate should demonstrate strong leadership and people management capabilities, coupled with high levels of integrity, professionalism, and ethical conduct. The role requires excellent analytical and critical thinking skills, sound judgment, effective problem-solving abilities, and the ability to influence and communicate confidently with stakeholders at all levels. Strong stakeholder relationship management, adaptability in a dynamic regulatory environment, and the ability to drive continuous improvement are essential. 

Requirements

• A relevant Bachelor of Commerce degree. Certified Internal Auditor (CIA) and/or Chartered Accountant (CA(SA)) qualification.  Minimum 8 years' experience in internal audit, external audit, or related assurance fields, including 3 to 5 years in a management role. Proven experience in risk-based audit planning, audit quality management, and Quality Assurance and Improvement Programmes (QAIP). Experience managing audit teams and overseeing multiple audit engagements. Experience within a regulatory, financial services, government, or public sector environment. Sound knowledge of the Global Internal Audit Standards, PFMA, Treasury Regulations, King IV, governance, risk management, and internal control frameworks.