Job Description
About the Role
Hire Resolve’s client in the Banking Industry is seeking an experienced Internal Audit Manager: Credit to join their team in Johannesburg. The successful candidate will provide reliable, value-added, and independent assurance to the Board, Shareholders, and other relevant stakeholders on the adequacy and effectiveness of the internal control environment, in mitigating current and evolving risks across the business.
Key Responsibilities
- Application of the internal audit framework and methodology
- Application of the internal audit charter
- 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 of audit files in line with internal audit best practice and methodology requirements
- Building relationships with Management and Executives
- Conducting follow-up activities across the business
Requirements
- Internal Audit experience in Banking (min 5 years)
- Experience in conducting automated operational controls (Business as Usual) testing
- Experience in conducting IT General Controls and Application Control testing
- Knowledge and understanding of Information Security risks e.g., Cyber.
- 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.
Qualifications
- Relevant University Degree required.
- IT audit qualifications (CISA/CISM) required.
- Internal auditor qualifications (CIA/CRMA) advantageous.
Salary & Benefits
Negoitable
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Auditing Jobs in Gauteng
In Gauteng, South Africa, the auditing industry is generally thriving, with a high demand for skilled professionals to ensure financial accuracy and compliance. The sector is often influenced by economic trends, such as growth in industries like finance, technology, and manufacturing, which can create opportunities for auditors. As a result, job seekers in this field can expect a competitive market with a range of career options.
Typically, auditors in Gauteng can expect to earn salaries ranging from R400 000 to R700 000 per annum, although these figures can vary widely depending on factors such as experience, company size, and industry sector. For example, senior-level auditors or those working in large corporations may command higher salaries, while entry-level positions or smaller firms may offer more modest compensation. It’s essential to note that these are broad estimates, and actual salaries can differ significantly based on individual circumstances.
Common skills for auditing professionals in Gauteng include technical knowledge of accounting standards, analytical and problem-solving abilities, effective communication and interpersonal skills, attention to detail, and the ability to work under pressure. Other important skills often required for this role include proficiency in software applications such as Excel, Access, or ERP systems, and a strong understanding of financial reporting and regulatory requirements.
The auditing industry is commonly found in sectors like financial services, technology, manufacturing, and public sector organisations. These industries often require auditors to ensure compliance with laws and regulations, manage financial risks, and provide assurance on financial statements. Other industries, such as construction or agriculture, may also employ auditors to assess their financial performance and internal controls.
Career development opportunities for auditors in Gauteng are often focused on professional certification, such as the Certified Public Accountant (CPA) designation, or obtaining specialized certifications like the Certified Internal Auditor (CIA). Many firms also offer training programs and mentorship initiatives to help employees advance their careers. With experience and additional qualifications, auditors can move into senior roles, start their own practices, or transition into related fields like forensic accounting or management consulting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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