Reference Number HOL230926-2
Job Title Audit Manager
Business Unit Group Finance & Assurance
Department Internal Audit
Job Family Internal Audit
Job Type Classification Permanent
Reporting To Internal Audit Manager
Number of Positions 2
Location - Town / City Johannesburg
Location - Province Gauteng
Location - Country South Africa
Job Advert Summary
The Audit Manager will be required to play a key role in all phases of audit and advisory engagements and will interact with senior management across the organisation. This may range from conducting engagements, managing projects, drafting, and presenting audit reporting outcomes, collating information, or providing thematic insights.
In addition, the Audit Manager will be required to assist in identifying and assessing specific and ad-hoc / unique strategic, operational, reporting, internal control and / or compliance risks, directly aligned to business strategy, ensuring delivery against the Internal Audit plan and associated methodology.
Required Knowledge And Experience
Knowledge
- Financial services knowledge and experience
- Deep knowledge of the business environment and value-chain
- Knowledge of Finance, Governance, Compliance and Risk Management principles
- Internal audit methodology and best practice
- IA Charter, Standards and Code of Ethics
- Knowledge of COSO framework
- Knowledge of risk management and risk management practices
Strategy And Planning
- In conjunction with the Senior Audit Manager, set the internal audit strategy and project plan and oversee the implementation thereof.
- Deliver on the internal audit strategic objectives by developing deeper perspectives and options for how to best serve our clients, solve problems, being proactive about suggesting meaningful improvements, leveraging subject matter expertise and considering broader organisational implications in terms of risk assurance.
- Continuously drive internal audit process improvement to ensure a value adding partnership with business.
- Operational / Technical:
- Develop the Risk Based Internal Audit plan and budget inline with the internal audit methodology as well as determining resourcing needs.
- Manages overall audit and advisory engagements to ensure the timely delivery of the highest quality work, reports, and value-add recommendations.
- Develops a thorough and comprehensive understanding of the overarching risk universe, processes and associated internal controls, issues, pertinent regulations and risks associated with the engagement scope.
- Assesses the design adequacy and effectiveness of the control environment, identifies control gaps and opportunities for continuous improvement and relates it divisionally and enterprise-wide, as appropriate.
- Performs audit work and analysis on complex audit areas.
- Provides draft opinions on audit and advisory findings, ratings and recommendations to senior Internal Audit management
- Engages and influences business management to act on recommendations to strengthen the control environment and make process improvements.
- Serves as trusted advisor and consultant to the department and business leaders to share knowledge and perspective on topics related to governance, risk, control and areas of expertise
- Participates, and at times leads, team, department and/or divisional projects, to effectively deliver on operational and strategic goals.
- Remains up to date with latest industry developments and trends, as well as new Regulatory pronouncements.
- Effectively build and maintain business relationships with all internal and external stakeholders, to become a credible and trusted advisor and business partner
- Represent the internal audit function to internal or external customers
- Ensure thorough understanding of the business environment, strategies, challenges, and risks as well as prevailing legislation and emerging industry trends
- Provide direction and leadership to the engagement team in executing the Groups internal audit strategy
- Build a high-performance team through managing resources, coaching, mentoring and retention of critical staff, and ensuring development potential is realised
- Promote a culture of continuous learning
- Responsible for effective budget management and control within area of responsibility and projects
- Ensure cost effectiveness and optimisation for own area of responsibility
- At least 6 years related experience, of which 3 years in an internal / external audit role
- Experience in leading and managing teams
- Experience in managing relationships
- Experience in project management
Insurance industry experience
Educational Requirements
- Relevant degree as a minimum, with one or more of the following :
- Chartered Accountant (SA)
- Certified Internal Auditor (CIA) / Professional Internal Auditor (PIA)
- Certification in Risk Management Assurance (CRMA)
- Certified Information Systems Auditor (CISA)
- Certified in Risk and Information Systems Control (CRISC)
