Department: 

Group Internal Audit

Location:

Morningside, Sandton

Reporting To: 

Internal Audit Supervisor

Key Responsibilities

• Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices and internal controls.

• Express an opinion based on the results of the work performed.

• Identify opportunities to improve internal controls, including internal financial controls.

• Identify and clearly articulate the root cause of issues identified and impact thereof and recommend changes to business processes that will address the control weaknesses.

• Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed, with minimal editorial changes.

• Incorporate fundamental principles, key issues and control themes emanating from other functional areas and assurance providers to ensure relevant & appropriate audit findings.

• Assist the Head of Internal Audit / Senior Audit Manager / Audit Manager with other operational and reporting activities as required.

• Identify opportunities for innovation in audit as well as client processes and develop practical solutions to implement innovative practices.

• Effective communication with the audit team, audit management and key stakeholders.

• Keep abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements and technology changes related to the internal audit environment.

• Establish and maintain collaborative partnerships and a wide relationship network across business units and within Internal Audit.

• Respond to client needs and queries professionally and within agreed turn-around times.

• Communicate professionally in all communication forms. Listens actively to others.

• Identify development needs and address these through training and continuous professional development.

• Proactively seek and embrace formal and informal peer coaching opportunities.

• Where needed, assist with ad-hoc investigations/engagements and stock takes

• Administrative duties that may be required

Experience and Qualifications:

• BCom (Accounting/Information Systems/ Internal Audit/ Risk Management)

• Studying towards an Internal audit related certification will be advantageous

Core Competencies:

• Familiar with risk management procedures and processes.

• Understanding of Financial services Industry.

• Understanding the control frameworks, and Project Management Frameworks and applicable financial and insurance standards and acts

• Initiative and creativity in developing audit objectives and procedures

• Adheres to budget goals, meets deadlines and communicates difficulties in a timely manner.

• General business acumen.

• Understand emerging financial services and market trends.

General Competencies: 

• Proficient in Microsoft Word & Excel

• Problem solving and negotiating skills

• Written and verbal communication skills

• Advanced research and investigations skills

• Presentation skills

Personal Characteristics:

Team player, Leader, Professional, adaptable, confident in personal capabilities, proactive, reliable, innovative

Does this position deal with cash or require trust in dealing with financial information? 

Yes – (Have access to confidential information)