Independent Contractors: Internal Audit Specialist (X5)

Requirements

• Be in possession of a Degree/BTech in Auditing / Internal Auditing / Accounting. Postgraduate qualifications will be an added advantage.
• Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or any relevant professional certification in auditing will be an added advantage.
• Registered as a member of the Institute of Internal Auditors or Information Systems Audit and Control Association.
• 5 years of Internal Auditing experience and at least 2 years of staff supervision in an Internal Auditing environment.
• Able to plan and strategize.
• Solid knowledge of mentoring and coaching.
• Solid knowledge of Quality Assurance and Improvement Program (QAIP).
• Knowledge of best practice frameworks (e.g., COSO, etc.).
• Able to execute and oversee audits.
• Solid knowledge of report-writing.
• Knowledge of Data Analysis.
• Must be able to compile accurate reports.
• Solid knowledge of the PFMA and treasury regulations.
• Knowledge of Project Management.
• Knowledge of Financial Management.
• Solid knowledge of professional standards (IIA) / ISACA.
• Knowledge of research/benchmarking.
• Audit techniques (work programs, tests, sampling, documentation, reports)
• Analytical skills.
• Above average English communication skills (written and verbal).
• Ability to build relationships while asking tough questions.
• Report writing and presentation skills.
• Ability to work independently, as well as part of an auditing team.
• Must have own transport.

Responsibilities

• Plan, execute, and report on internal audits across various functions and departments to evaluate the effectiveness of internal controls, risk management, and governance processes.
• Develop and implement audit programs and methodologies that align with industry best practices and organisational objectives.
• Assess the adequacy and effectiveness of internal controls, identifying any weaknesses or areas for improvement.
• Collaborate with management to develop and implement corrective action plans based on audit findings.
• Review and analyse financial and operational data to identify trends, anomalies, and potential risks.
• Provide guidance and support to management on internal control matters and regulatory compliance.

• Prepare detailed and accurate audit reports, including findings, recommendations, and action plans.

  General Internal Audit Specialist

• Apply international internal auditing standards to identify key control risks, implement, and maintain internal audit policies, procedures, and systems, and promote a strong internal controls culture in the organisation.
• Apply risk and control concepts to scenarios encountered and identify any potential issues.
• Communicate identified issues to the Senior Internal Audit Manager to ensure any potential concerns are addressed in a timely and effective manner.
• Provide inputs into the Internal Audit Strategic Operational Plan pertaining to Internal audit
• processes to ensure that high-risk areas are given consideration during the formulation of audit coverage plans and programs in accordance with Section 51 of the PFMA, Regulation 27 of the National Treasury Regulations and Institute of Internal Auditors Standards pertaining to Internal Audits.
• Ensure that high-risk areas are given consideration during the formulation of audit coverage plans and programs in accordance with section 51 of the PFMA and Regulation 27 of the National Treasury Regulations.
• Receive project instructions and analyse the scope and nature of the audit engagement.
• Conduct and perform internal audits from start to finish i.e., planning to reporting.
• Interact with senior management and other officials of various divisions to establish and get an understanding of business objectives, risks, and control systems.
• Develop audit programs and testing procedures relevant to risk and test objectives.
• Ensure adherence at all times to all applicable professional standards.
• Ensure project files are created and maintained for all projects and are in line with Entity’s Internal Audit methodology.
• Ensure accurate Internal Audit operational information is maintained and made available on request, and specific Internal Audit administrative reporting deadlines are complied with.

Documents Required

A cover letter, a detailed Curriculum Vitae, certified copies of qualification(s), and Identity Document (certified within 3 three-month periods)