Senior Manager Internal Audit - Pretoria at Postbank (SOC) Ltd

Purpose of the Job
Work involves directing a comprehensive audit program including assurance and consulting services to the organisation’s management and staff; provide direction to development of the Annual Internal Audit Plan; and provide ongoing training, coaching and supervision to Internal Audit staff. Maintains organisational and professional ethical standards. Works independently with initiative and independent judgement. Provides an independent, objective assurance and consultancy function designed to add value, improve Postbank’s operations and accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

Job Responsibilities

• Directs audit staff in the planning, organising, and monitoring of Internal Audit operations, including assisting in hiring, training and evaluating staff; and taking corrective actions to address performance problems.
• Develop and effectively complete an Annual Risk Based Audit Plan.
• Investigate, evaluate, and report on the effectiveness of internal control systems and contribute to their ongoing effectiveness by providing advice and support to management.
• Directs the overall performance of audit procedures, including identifying and defining internal audit issues, developing criteria, reviewing and analysing evidence, and documenting client processes and procedures.
• Directs the audit staff in conducting interviews, reviewing documents, developing and administering surveys, composing summary memos, and preparing working papers.
• Directs the audit staff in the identification, development and documentation of audit issues and recommendations.
• Promptly communicates the results of audit engagements via written reports and oral presentations to management in accordance with the annual IA plan.
• Develops and maintains productive client, staff, management, and Board relationships through individual contacts and group meetings.
• Pursues professional development opportunities, including internal and external; training and professional association memberships, and shares information gained with co-workers.
• Provide support to the External Auditors in the completion of the statutory annual audit.
• Conducting quality control reviews of audit work products, Collecting and analysing complex data, evaluating information and systems, and drawing logical conclusions

Qualifications and Experience

• Bachelor’s degree (NQF Level 7) from an accredited college or university
• Certification as a CIA / CA (SA), or relevant professional certification
• At least 5-8 years relevant management experience.

Knowledge and understanding of:

• Thorough understanding of banking practices and associated risk management thereof.
• Proven track record in managing an internal audit department in a similar environment.
• Considerable knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors (IIA).
• Extensive knowledge of industry program policies, procedures, regulations, laws, Corporate Governance, PFMA, Banks Act etc.
• Understanding of Computer Assisted Audit Techniques (CAATs) and/or Audit Command Language (ACL).
• Sound knowledge of the Banks Act and other relevant legislation.
• Project Management (principles, practices, techniques and tools).
• Strategy development, deployment, planning and communications.
• Organizational development, management techniques and good business practices.

Skills and Attributes

• Excellent computer literacy skills, ability to liaise with stakeholders. planning, organising, co-ordination, control, facilitation, strong interpersonal skills, strong verbal and communication skills (read, write, speak), Ability to prioritise tasks, sound reasoning and thinking, problem-solving, persuasiveness, ability to work independently, analytical, accuracy conceptual, able to work under pressure and handle stress, sense of urgency, initiative, meticulous, self-motivated, output and deadline driven.