Senior Internal Audit Manager: Finance
Location: Rosebank, Johannesburg
Salary: R1.2m – R1.4m per annum
About the Role:
The Senior Internal Audit Manager will assist the Chief Internal Auditor in providing reliable, value added and independent assurance to the Board, Shareholders, and other relevant Stakeholders (e.g., external auditors, regulators, etc.) over the adequacy and effectiveness of the internal control environment (including financial), in mitigating current and evolving risks across the business. The role will have day to day collaborative interactions with members of the Executive and Management team.
Requirements:
Relevant Tertiary Qualification required
Financial qualifications such as CA(SA) required
Internal auditor qualifications (CIA) advantageous
Minimum of 7 years’ experience in Internal Audit experience in Banking
Minimum of 5 years’ experience in executing and managing Internal Financial Controls, IFRS 9, ICAAP, Basel Pillar III; Credit; Treasury and Business as Usual reviews
Experience in analysing risk, and its impact on the internal control environment and the financial, strategic and operational objectives of financial institutions required.
Thorough understanding of internal control and related internal audit methodologies and techniques.
A professional manner that will reflect positively on Internal Audit and ability to function under stress and/or possible conflicting professional opinions.
Strong values and ethics and ability to maintain professional independence and objectivity and act based on personal professional conviction and confidence.
Responsibilities:
Application of the internal audit framework and methodology
Application of the internal audit charter
Maintaining the internal audit universe
Performance of business wide (universe) inherent risk and control risk assessments
Planning of internal audit assignments per the risk assessment
Planning of management requested and other ad hoc internal audit assignments
Walkthroughs
Key risk identification
Key control identification
Key control adequacy assessments
Definition of testing strategies
Population analysis and sample selections
Conducting fieldwork and control effectiveness testing
Consolidation of findings and agreed action plans (recommendations);
Creation of internal audit reports
Obtaining management comments and agreeing internal audit reports with management
Finalisation and publication of audit reports
Finalisation of audit files in line with internal audit best practice and methodology requirements
Execute and manage internal audits within predetermined timeframes
Building relationships with Management and Executives
Conducting follow up activities across the business
Budgeting and resourcing
Creation of Enterprise Risk Committee and board internal audit submissions
Attending risk, compliance, audit committees and other relevant board meetings if necessary