Internal Audit Manager - South African Reserve Bank

The main purpose of this position is to provide team leadership in the provision of independent objective assurance and consulting services regarding the adequacy and effectiveness of the control, risk management and governance processes of the South African Reserve Bank (SARB) Group.

Detailed Description

The successful candidate will be responsible for the following key performance areas:

• Participate in the strategic processes of the Internal Audit Department (IAD) by providing inputs, completing strategic projects and providing status updates.
• Contribute strategically to the development of the annual audit plan of IAD by identifying and elaborating on the priority risks the SARB Group are facing.
• Prepare case studies and run training sessions within IAD, mentor other auditors as well as provide training to managers in areas of governance risk management and control relevant to the SARB Group.
• Lead a team of auditors on audit assignments of varying complexity, plan the audit, allocate and provide quality assurance work, project manage the delivery to set milestones as well as managing the relationship with the internal clients.
• Integrate the research of different auditors and the findings from audit tests to scope, set the objectives of the audit and prepare audit recommendations.
• Compile and review thorough, concise and reliable audit reports, and quality assure and integrate the inputs of other auditors into the final report.

• Work on new or emerging complex risk problems the SARB Group may be facing.
• Present audit findings and recommendations to the heads of departments and executive management of the SARB Group and where necessary the SARB Group Audit Committees.
• Perform project-based performance appraisals for team members and provide input in the overall performance evaluations.
• Lead, manage and develop staff members.
• Stay abreast of and actively contribute to the development of new approaches (best practice) – methods, analytical techniques, new models, procedures – to internal audit in the SARB Group.
• Lead briefings and presentations with departments and engage other technical auditors and senior managers in the SARB Group.

Job Requirements

To be considered for this position, candidates must have:

• a minimum of an Honours degree in Internal Auditing, Accounting, Risk Management and/or Information Systems;
• a Certified Internal Auditor (CIA) qualification or a Chartered Accountant (CA SA) qualification ;
• at least 8–10 years’ experience within an auditing environment, with a strong track record in supply chain management and cost accounting; and
• a minimum of three years’ experience in managing audit assignments.

The following would be an added advantage:

• certificate in the Theory of Accounting (CTA) qualification; or
• Certified Information Systems Auditor (CISA) qualification and/or certification in data analytics.

Additional requirements include:

• knowledge and skill in:
• - industry, business and organisations;
• - quality assurance;
• - continuous improvement;
• - continued learning/professional development;
• - supply chain management, accounting and cost accounting principles;
• - auditing in a manufacturing environment;
• - the origination, recording and disclosure of accounting transactions;
• - risk management principles, tools, methodologies, frameworks, policies and processes; and
• - risk assessment and control design;
• experience in using computer-assisted audit techniques (CAATs) or performing data analytics on either Microsoft (MS) Excel or audit analytics software;
• planning and organising skills;
• developing and growing others;
• judgement and decision-making skills;
• resilience;
• impact and influence;
• building and maintaining relationships;
• conceptual thinking skills; and
• a drive for results.