| Date | 2025-01-22 |
|---|---|
| Job Title | Chief Internal Auditor |
| Employer | More Information |
| Salary | |
| Category | Accounting Finance |
| Location |
South Africa / Eastern Cape |
Job Summary
Minimum
Requirements:
B. Comm Hons with Accounting/Internal Audit, MPhil in Internal Auditing or equivalent. CIA, CISA, CA(SA) and a Postgraduate Diploma in Risk & Compliance qualification are an advantage. A minimum of 10 years experience in Internal Audit. Experience in higher education or public sector organisations is advantageous. Reporting administratively directly to the Vice-Chancellor and functionally to the Audit, Risk and Information Technology Committee, you will: Provide independent and objective assurance on the institution`s governance, risk management and internal controls. Conduct both scheduled and unscheduled internal audits, providing actionable recommendations to senior leadership of the institution to enhance operations, mitigate risks, and strengthen overall performance. Possess a deep understanding of internal audit standards, principles and practices. Be equipped with proficiency of audit software, data analytic tools and Microsoft Office Suite. KEY PERFORMANCE AREAS KPA 1) Govern and Direct the Institutions Internal Audit Division: Play a key role in shaping the overall strategic direction of the institution. Govern the implementation of policies & strategies agreed by Council / Senate. Promote the institutions reputational profile through networks & partnerships. Provide oversight, leadership & guidance to units under area of responsibility. Establish a combined assurance framework in place. Play a key role in executive/governance committees. Direct the leadership resources as per structure. Monitor the achievement of the units strategic plan achievement. KPA 2) Medium to Long-term Conceptualisation and Vision: Formulate & review strategy aligned with vision & mission. Approve implementation of structures, resources & systems. Collaborates with senior stakeholders in strategy design. Conduct regular strategic alignment reviews. Provide regular feedback to senior stakeholders on plan implementation. KPA 3) Strategic Financial Business Planning and Budgeting: Conduct long-term financial projections & planning. Allocate & re-allocate funds & resources based on portfolio needs & requirements. Approve financial strategies in conjunction with senior stakeholders / Board. Obtain approval for annual budgets from executive committee/Board. Exercise prudent budgetary control. Approve large payments, assets procurement & services. Monitor cash flow management. Report on financial & budgetary objectives/plans. KPA 4) Organisational Leadership Management: Plan leadership talent, succession and development based on strategy. Direct preventative & mitigation strategies for anticipated talent risks. Recruit, select & appoint a leadership team based on the approved Resource Plan. Build & direct the leadership team within the portfolio structure. Manage performance management aligned with the Performance Management System. Direct talent competence, skills & performance levels aligned with strategy. Submit a succession & development plan progress reports to senior leadership. KPA 5) Strategic Relationship Development: Participate in key institutional policy and decision-making bodies. Develop & foster partnerships with local & international academic institutions. Engage with industry/government stakeholders aligned with business area. Participate in related industry forums. KPA 6) Organisational Internal Audit Leadership and Advice: Influence the institution`s internal audit strategy & policy. Provide strategic internal audit direction in the strategic planning process. Establish frameworks for combined assurance. Provide direction on the ICT Audit strategy. Remain abreast of latest developments in internal audit legislation. Direct Internal Audit Charter & gain approval from senior leadership. Approve the Internal Audit Plan (in consultation with executive members). Approve risk based annual internal audit program, budget & performance criteria. Approve the facilitation of the fraud prevention & corruption awareness program. Direct internal audit policies & procedures aligned to business objectives. Approve the: a) ICT Audit Charter & obtain approval, b) Risk based annual ICT audit program, budget & performance criteria, c) Audit reports for each engagement within annual ICT audit plan. d) Internal audit schedules & confirm the achievement of program outcomes. Consider audit reports for each engagement within annual internal audit plan. Govern the following: a) Internal audit process improvements to ensure that value-adding services are in place, b) Assurance on information management controls. c) Assurance of the control environment. d) Internal audits and processes. Consider audit reports for each engagement within annual internal audit plan. Build business relationships with senior internal resources. Advise mitigation plans to the executive leadership. Advise on security policies, procedures & incident response plans. Direct ICT governance practices, security controls & risk management process. Govern & direct the cybersecurity assessments process & outcomes. Monitor outputs of the quality control function for Internal Audit. Monitor quality updates of business process models with commensurate controls. Track and monitor the implementation and compliance with the Internal Audit Charter. Monitor the effectiveness of the internal audit function & suggests improvements. Report results of audit assignments to the executive committee. Recommend initiatives to the Audit Committee on key decisions required. Report results of ICT audit assignments to senior leadership. Present recommendations, investigations & ad hoc ICT Audit reports. KPA 7) Corporate Risk Assurance: Remain abreast of corporate strategy/direction/business models and Governance Frameworks (e.g. King IV). Provides input into the Corporate Risk Strategy. Remains abreast of legislation & jurisdictions and the changes within. Assume responsibility for all aspects of the corporate disaster continuity plan. Evaluate risk processes. Draft & evaluate a leadership succession strategy. Remains abreast of industry drivers/risks/trends. Disseminate & inform leadership on the risk strategy plus operational plans. Manage the relationship between the institution & various regulators. Collaborate and provide input to compliance projects. Drive the implementation of new requirements such as legal, organisational etc. Plan & direct risk audits. Monitor maintenance & updates on the Risk Register. Propose & obtain approval from governance structures for corrective action. Monitor compliance to Risk Policy. Closing Date: 01 February 2025 To apply: Interested applicants who meet the criteria are invited to:
Chief Internal Auditor position available in South Africa, Eastern Cape. This job position was posted by . The job has been posted on 2025-01-22 in the Accounting Finance category
Click Go Apply to apply online!
You might also like to look at the available jobs in the same area.
Apply directly for this position
Some posts have contact information included with other instructions. All applicants are urged to read the instructions carefully.
We will list jobs at the bottom of each job, so feel free to scroll down and continue your search.
We do not accept any job applications and merely offer the service of daily jobs being mined and displayed on our job portal.
Each job post has a link to take you directly to the original post to apply on their website or the original website where the post came from.
Here are some more related positions
South Africa: Group Chief Internal Auditor
This is a prime opportunity for a seasoned professional to step into a strategic role within a prominent institution, driving audit excellence and innovation across the group. This role demands a visionary leader with a sharp eye for detail, capable of imp
View Job
Group Chief Internal Auditor
Africa: Group Chief Internal Auditor posted by Network International
This is a prime opportunity for a seasoned professional to step into a strategic role within a prominent institution, driving audit excellence and innovation across the group.This role demands a visionary leader with a sharp eye for detail, capable of impl
View Job
Group Chief Internal Auditor
Eastern Cape: Chief Internal Auditor
Minimum Requirements: B. Comm Hons with Accounting/Internal Audit, MPhil in Internal Auditing or equivalent. CIA, CISA, CA(SA) and a Postgraduate Diploma in Risk & Compliance qualification are an advantage. A minimum of 10 years experience in Internal Audi
View Job
Chief Internal Auditor
Email Alerts
Click the button below and submit your email to receive email alerts with the latest jobs.
This service is offered by Result Generation
We do not save your information, and your email is the only information we forward to the service.
If you wish to unsubscribe, please click here
