The Senior Internal Auditor (ICT and Compliance) coordinates and conducts assigned internal audits and special adhoc projects in accordance with the risk based internal audit plan and provides assurance and advisory services to contribute to improvements in governance, risk management and control effectiveness across the SACAA.
Education (formal Qualification Required)
MINIMUM
- NQF Level 7 qualification i.e. Bachelor of Commerce Degree or Bachelor of Technology in Audit or Finance or equivalent.
- Must hold or be studying towards a CIA, CRMA, and CCSA.
- A registered member with the appropriate professional body (IIA SA)
- TYPE AND NUMBER OF YEARS)
- Managerial or supervisory Capacity / Experience
- 2 years
- Financial management/auditing experience
- 6 years
RESPONSIBILITIES FOR THIS POSITION DETAILED DESCRIPTION WEIGHING / TIME SPENT
Annual Planning
- Assist management in the development of the annual Internal Audit Coverage Plan.
- Identify any potential areas that may have a direct impact on the annual Internal Audit Coverage Plan.
- Advise management of audit challenges based on the annual plan dynamics.
- Develop, and discuss with the client the engagement plan in line with the Annual Audit Plana and results of preliminary review of the environment.
- Plan the adhoc request and seek scope agreement with the client on all consulting services.
- Prepare an engagement work programme for the audit. A comprehensive engagement work programme should be consistent with; - the scope and objectives of the audit, - departmental policies and procedures,
- IIA standards and other guidance.
- Ensure that audit clients are regularly and timeously informed regarding audit commencement and progress. Ensure that communication (written and verbal) with clients, subordinates, peers and superiors are factual, regular, timeous and accurate.
- Identify and analyse risks associated with each auditable area Identify and/or review critical control points in a system flow chart and analyse consequences of a break-down in a control
- Utiltise audit software and data analytical tools to enhance efficiencies in the audit process.
- Provide independent, innovative, cost-effective and value-added business processes and internal control reviews to ensure good corporate governance.
- Execute audits in accordance with the approved audit methodology, internal audit plan and standards.
- Performs audit reviews focusing on organisational strategy, performance information, financial management, internal a=financial controls etc.
- Performs audit reviews focusing on compliance management with the SACAA environment.
- Documents test results on working papers, and concludes all working papers and ensures working papers are aligned to auditing standards and unit's methodology
- Develop and/or review audit program and testing procedures relevant to risk and test objectives.
- Extrapolate (if need be) impact of error on sampled population
- Obtain and/or review evidence ensuring audit conclusions are well documented, and also ensure audit conclusions are based on a complete understanding of the process, circumstances and risks.
- Provide recommendations for the improvement of procedures and inadequate/ineffective controls which is based on Identified underlying root causes on issues raised.
- Prepare a draft report based on the results of the audit based on evaluation of client responses to draft audit findings and make the necessary adjustments.
- Coordinate the exit meeting with clients.
- Prepare Final Report.
- Reviews all prepared manual and electronic files.
- Monitors and manages resources, continuously aligning and focusing effort to maximize productivity.
- Ensures that all audits are conducted within the agreed budget, hours and timeframes.
- Implement a quality assurance and improvement programme for the audit work, including staff development.
- Manage internal auditors assigned to engagements providing guidance and overall review of deliverables.
- Plan and monitor own daily performance of audit assignments to ensure quality and timeous delivery.
- Review all prepared manual and electronic files.
- Closely monitor and manage resources continuously aligning and focusing effort to maximize productivity.
- Ensure that all audits are conducted within the agreed budgeted hours and timeframes.
CORE VALUES DESCRIPTORS
Integrity
- Maintains high ethical standards and approaches issues professionally with integrity, without any bias and in a transparent manner that engenders trust amongst all our stakeholders.
- Service delivery ahead of customer expectations, striving to always exceed customer expectations.
- Working with others and taking joint accountability for the results
- Working together to achieve mutually beneficial goals.
- Judgment and Decision making
- Problem solving and analysis
- Attention to detail
- Planning and organising
- Digital/Technological Acumen
- Innovation
- Customer Centricity and Service Excellence
- Stakeholder relationship management and engagement
- Leadership (self and others)
- Resilience
- Learning Orientation
- Teamwork and Collaboration
- Communication
- Systems and Strategic Thinking
- Business Acumen
- People Development
- Change Management
- Governance, Compliance and Risk Management
- Political Savvy
- Functional Knowledge and Regulatory understanding
- Compliance Management and reporting
- Government Legislation Intermediate Policy Management Intermediate Risk management Intermediate Corporate Governance
- Internal Auditing
- Code 8 Drivers Licence
- Treasury Regulations, PFMA, Accounting Standards
- Understanding of the International Professional Practices Framework (IPPF); and
- IIA's International Standards for the Professional Practice of Internal Auditing (Standards)
- mentioned above
