Senior Manager Internal Audit: Compliance, Investigations, QAIP (2408) at The South African National Roads Agency (SANRAL)

MINIMUM REQUIREMENTS:

• A Bachelor of Commerce degree in Financial Accounting or an equivalent NQF7 qualification.
• Must be a registered CA(SA) or RGA with a CIA designation.
• A minimum of 10 years of public sector experience.
• A minimum of 7 years of management experience in public sector compliance, risk management, and governance processes.
• A minimum of 5 years of internal audit experience.

ADVANTAGEOUS:

• Previous experience with quality assurance and improvement program.
• Previous experience with investigations or Registered as a Certified Fraud Examiner.

KEY RESPONSIBILITIES:

Strategic Functions

• Provide input in the development of a strategic plan for the unit.
• Oversee development of operational plan in assigned portfolio, delivery of outputs including staff and stakeholder management. 
• Direct the identification, evaluation and monitoring of the risk areas and assist with the development of the Internal Audit Methodology and the Annual Risk Based Audit Plan and the three-year rolling plan.
• Lead the audit function in playing a strategic role in embedding the principles of good governance and ensuring that the standards of ethical behaviour are upheld.
• Environmental scanning and monitoring macro and micro risks impacting the Internal Audit (IA) unit and delegated functions.
• Provide value-added assurance and consulting activities that offer proactive as opposed to detective assurance.
• 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, and best practices are recommended and implemented.
• Manage and oversee service providers' performance and project management in the execution of allocated assignments.  

Audit Planning

• Lead the review and assessment of systems of control, compliance, risk management and governance to determine if the organization has adequate standards/processes in place to achieve organizational objectives.
• Supervise the performance of audits and investigations from identification and planning of projects to issuing and presenting of final reports to executive management and those charged with governance in accordance with The International Standards for the Professional Practice of Internal Auditing and best practice frameworks.  
• Participate in the development of the annual audit plan in consultation with Management, Risk Management and the Auditor General for review and approval.
• Conduct risk and control assessment of assigned department or functional area in established/required timeline for the development of the audit plan and the basis for planning audit projects.
• Perform ongoing environmental scanning for emerging risks and keep abreast with all relevant legislative changes, standard operating procedures, methodology and guidelines.

Audit Execution

• Ensure that all assigned audits and investigations are executed as per the audit plan and agreed timelines.
• Develop risk-based audit programmes and investigation approach and evaluate the suitability of internal control design and make recommendations on findings.
• Manage audits and investigations to ensure that they are conducted in line with applicable standards and within the time budgets and timelines determined as per the audit plan.
• Suggest and perform consulting and advisory engagements to add value to the organization.

Audit Project Quality

• Ensure that policies, procedures, and guidelines, which impact on functional areas are in place, cascaded and are clearly understood, while determining the level of internal compliance (in terms of Quality Assurance standards (IIA) in line with Internal Audit methodology.
• Maintain and provide recommendations to improve standard operation procedures for internal auditing.
• Training of audit team members on applicable standards.  

Audit and Management Reporting

• Validate the accuracy of findings and decide on severity of weaknesses
• Recommend solutions for improvement of processes and controls.
• Draft audit findings for improvements in the economy, efficiency, and effectiveness of controls, risk, and governance of audit areas.
• Coordinate activities and involvement with various internal stakeholders to finalise audit reports.
• Provide feedback reports on status of projects highlighting significant weaknesses and suggested improvements.
• Compile reports to management committees and the audit committee.

Investigations

• Ensure all assigned investigations are executed in line with applicable Codes and Standards
• Ensure value-add insights and implementable recommendations are communicated to management and those charged with governance.  

Quality Assurance and Improvement Programme

• Support CAE in conceptualizing and implementing an effective Quality assurance and improvement programme in line with the Standards.

Financial Management

• Responsible for managing allocated budget and assisting the Chief Audit Executive with internal audit budget and financial management of the internal audit function.
• Review and assess the effectiveness of financial controls within allocated centre and Internal Audit function.