As a member of the Internal Audit management team reporting to the Senior Director: Internal Audit, the Senior Internal Audit Manager contributes to the development and implementation of strategic and operational plans related to the implementation of Internal Audits vision, mission, and overall goals and objectives. The Senior Internal Audit Manager serves as the leader for their assigned organizational area and liaison between the department and key stakeholders in the business. They operate in high complexity environments dealing with multiple levels in the business in multiple geographies, requiring a deep understanding of the global business and statutory environment.
Develops and manages internal financial, operational and compliance audits (this may include the management of co-source service providers). Communicates results of audits to management and other stakeholders as required. Manages the testing and documentation of internal audits to ensure information integrity and transaction validity, accuracy and completeness and reports discrepancies. Ensures that audit issues are well defined and root causes are identified. Trains staff to plan, scope, and perform internal audits and risk assessments within established business process controls. Works with management in all areas to define the audit function as it relates to overall business activities. Requires in-depth audit knowledge and skills in finance/accounting and/or information systems operations. Develops and evaluates personnel to ensure the efficient operation of the function.
The Senior Internal Audit Manager is responsible for the implementation and execution of the audit plan, monitoring compliance, preparing and presenting audit findings and recommendations and providing assurance of compliance to statutory/regulatory requirements and policies and procedures. They provide strategic direction and manage and execute the Internal Audit activity for their assigned objectives.
Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
Working at NTT
This primary responsibility of Internal Audit Management is to provide advice on the coordination of specific processes to support the implementation and execution of the audit plan, monitor compliance, prepare and present audit findings and recommendations and provide assurance of compliance to statutory/regulatory requirements and policies and procedures. They provide direction and manage and execute the Internal Audit activity for their assigned geography objectives.
Key Roles and Responsibilities:
- Identifies risk areas on a global basis, develops and maintains the audit universe for the organisational areas they are responsible for.
- Develops and maintains their respective annual internal audit plan, including the risk assessment process.
- Determines and plans the scope and objectives of audits and relevant methods and process to be applied.
- Provides input and drives the adoption and utilisation of data analytic initiatives for their assigned Internal Audit activities.
- Manage and ensure awareness of the workings in the audit and the areas of concern.
- May participate in executing and completing audits and related procedures.
- Delivers the annual internal audit plan, including audit and assurance engagements, project risk assurance reviews, and special projects as assigned.
- Assists in the preparation of reports for communication to the Audit and Risk Committee where it is relevant to their assigned organisational areas.
- Remains current with auditing best practice and legislation in order to analyse and review a variety of areas in the business depending on the scope identified in the audit plan.
- Oversees and reviews the work of audit staff to ensure accuracy of process implementation and findings, with specific attention to audit areas considered high risk.
- Supports and develops team members in the department through ongoing mentorship, skills development and providing exposure to various business and audit processes.
- Reviews the outcome of the audit process in terms of its objectives, quality, completeness and feedback.
- Professionally communicate and present findings to senior and executive management, reporting on the policies adopted for auditing, and the programs and activities of the auditing team.
- Preparation and review of a final audit report for submission and distribution to the various stakeholders and ensure that the adequacy and effectiveness of stakeholder action plans are assessed and implementation is monitored and reported in writing.
- Participates in and manages activities such as business process enhancements/re-design, where applicable, and provides value-add advice and insights.
- Identifies further opportunities where the department can be of assistance to functions, developing relationships and enhancing communications.
- Manages co-source service provider relationship when necessary.
- Leverages the work and assurance provided by Other Assurance Providers (OAPs) within the business.
- Remains current with the ever-changing business environment and provides assurance services which are value add and relevant to the business.
- Responsible for administrative duties including basic office admin, travel arrangements, manage costs, etc
- Possesses specialist auditing knowledge and a process driven individual.
- Excellent interpersonal skills.
- Excellent written and oral communication skills.
- Display impeccable attention to detail and quality orientated.
- Display excellent analysing and problem-solving ability.
- Works effectively in a team environment and creates an environment which motivates the team and is conducive for high quality work and output.
- Ability to manage the audit function for their assigned organisational areas semi-autonomously, from a planning, audit-execution and administrative perspective.
- Strong time, project and team management skills.
- Ability to effectively manage multiple projects and audit engagements simultaneously.
- Able to operate in a complex environment dealing with multiple levels in the business, requiring a deep understanding of the global business and statutory environment.
- Ability to work in high pressure environments and deliver high quality work.
- Requires audit knowledge and skills in finance/accounting and/or information system operations and related standards.
- His/her leadership skills, strategic capability, proactive approach and ability to execute are key components that ensure success in this position.
- Ability to understand the companys overall strategy and objectives and related key business processes, operational procedures and systems.
- Knowledge and ability to link company objectives to audit objectives through good practical judgement and decision-making skills.
- Ability to establish credibility with senior and executive management.
- Ability to see a project through to completion and take ownership.
- Willing and dedicated to mentoring and training junior staff members.
- B Com Hons Internal Audit/ Accounting/ Finance/ Commercial or related field of study;
- Certified Internal Auditor (preferable);
- Certified Chartered Accountant - CA (SA) (preferable).
- 10+ years work experience in a large multi-national business or in Big 4 firm in consulting and auditing environment, preferably in similar industry.
- Applied advance knowledge and expertise in the use of audit concepts, audit methodologies, risk-based auditing techniques.
- Extensive experience in the use and evaluation of data analytics.
- Demonstrable audit leadership experience in a related environment, managing people, processes to achieve organisational and departmental objectives.
- Strategic planning experience.
- Good knowledge and understanding of IT industry environment and business needs, combined with strong understanding of business process.
- Depending on assigned organisational areas, may be required to travel locally and internationally (10-30%).
- Enjoys engaging with various stakeholders from a variety of different backgrounds and cultures.
- Sets operational objectives and plans and delegates work to subordinates.
- Works on issues that need an in-depth knowledge of organisational objectives.
- Senior management reviews objectives to determine success of operation.
- Gives guidance to subordinates.
- Involved in developing and executing policies that affect immediate operational area.
- Works on issues of diverse scope.
- Follows procedure when methods for solutions need to be selected.
- Exercises supervision in terms of costs, methods and staffing.
- Responsible for schedules and performance requirements.
- Mistakes will cause critical delays in schedules and may impact overall activities.
- Interacts with senior management / executives pertaining to functional areas.
- Influences others to gain their acceptance without negatively impacting the relationship.
- Leads co-operation between members and teams.
- Implements strategic policies when selecting methods, techniques and evaluation criteria for obtaining results.
