Job Description
About the Role
This role plays a critical part in ensuring robust governance, effective risk management, and regulatory compliance across the organisation. Reporting functionally to the Audit and Risk Committee, with a dotted line to the CEO, the successful candidate will drive the internal audit strategy, oversee risk-based audit programmes, and provide independent assurance on the effectiveness of internal controls within a regulated insurance environment.
Key Responsibilities
- Develop and implement a risk-based internal audit plan aligned with the organisation’s strategic objectives and regulatory requirements.
- Lead and oversee audit engagements across financial, operational, compliance, and IT risk areas, ensuring alignment with South African insurance regulations and governance standards.
- Provide independent assurance on the effectiveness of risk management, governance, and internal control frameworks.
- Monitor developments in regulatory requirements, including those from the FSCA and Prudential Authority, and ensure audit plans adapt accordingly.
- Drive continuous improvement in audit methodologies, including the use of data analytics and modern audit approaches.
- Maintain and enhance internal audit policies, procedures, and frameworks in line with industry best practice.
- Support a combined assurance approach across the organisation’s first, second, and third lines of defence.
- Present audit findings and recommendations to the Audit and Risk Committee and Board, ensuring clear communication of key risks and improvement opportunities.
- Manage, mentor, and develop the internal audit team, promoting professional growth and high performance.
- Monitor and follow up on implementation of audit recommendations to ensure effective remediation and continuous improvement.
Requirements
- Matric (Grade 12)
- BCom Accounting
- BCom Honours, Accounting / IA
- CA(SA) / CIA / CISA
Qualifications
No qualifications mentioned in the original job description.
Salary & Benefits
Salary information not mentioned in the original job description.
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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