Johannesburg: Chief Audit Executive

Job Title: Chief Audit Executive Business Unit: Office of the CEO Reporting Line: Audit and Risk Board Committee and Administratively to the CEO Direct Reports: Internal Audit Manager, Internal Auditors, Operational Support Coordinator Relationships: Internal CEO Exco Senior Managers Staff Relationships: External National Department of Human Settlements Auditor General Internal Auditors External Auditors Service providers National Treasury Main Purpose of Job: To provide strategic direction and manage the development and implementation of the Audit Management framework. To monitor compliance with statutory requirements, policies and procedures in line with IIA Standards and the company policies and procedures. Key Responsibility Areas: Strategic Management Develop and maintain Internal audit policies and procedures in compliance with relevant legislation and standards. Develop and implement a strategic and operational audit plan framework. Develop an engagement plan in line with IIA standards and the Internal Audit policies. Participate in the strategic planning of the company. Contribute to the overall effective functioning of the company. Develop a plan to operationalise the units strategic performance targets. Internal Audit Develop and maintain the internal audit charter. Consider input from Board and Management and develop an internal audit plan. Conduct performance audit and special audit investigation as and when necessary, or upon request by the appropriate authority. Liaise with and manage the internal audit resources in line with the audit plan. Develop audit tools and frameworks, check alignment with good practice, and implement. Oversee the process of follow-up on both internal and external audit plans and provide regular reports to both EXCO and Audit Risk Committee. Track and report on internal and external audit progress and findings Conduct priority / sensitive internal audits and make recommendations for corrective action. Analyse internal and external audit findings to address audit trends and patterns. Identify and assess the design adequacy and operational effectiveness of manual and automated controls within the audit scope and utilising data analytics. Liaise with all departments within the organisation to ensure effective and efficient audit operations. Identification of non-conformities, analysis, and discussion of audit findings across the company. Collate information to prepare and submit Board Audit Committee report. Audit and Risk Committee management and Reporting Develop an Internal Audit Annual Performance Plan and report on progress to the Audit Committee. Manage and review the internal and external audit engagement outcome in respect of objectives, quality, completeness, and feedback, in accordance with Internal Audit standards, policies and procedures. Ensure the final audit report is timeously completed, signed off, and submitted to key stakeholders. Ensure that the audit process is comprehensively evaluated to produce quarterly reports and internal audit reports to the Audit Committee and stakeholders. Prepare the quarterly dashboards reports to the Audit and Risk Committee. Attend the Risk and Audit committee meetings, provide inputs on the improvements of controls and mitigations within the organisation. Report on progress towards implementation of audit finding recommendations. Audit Committee Support Coordinate the activities of the Audit Committee in collaboration with the Company Secretary. Produce reports on the annual IA Plan, amendments, significant findings, and recommendations. Report on internal audit activities and ensure the effective coordination thereof. Coordinate the audit activities of other assurance providers through the agreement of a time-bound combined assurance model, including internal and external audit, forensics, and compliance functions. Collate information to prepare and submit the Board Audit Committee report Governance and Administration Ensure good governance and compliance with audit matters, as well as legislative requirements. Review annual audit management letter and internal audit reports and act on any findings. Train Audit teams and employees to ensure continuous improvement of their understanding of the internal Audit methodology, department systems, and processes. People Management Select, assign, lead and manage people. Set clear objectives for self and others and measure achievements against these objectives through implementation of the performance management system. Build and manage relationships with staff members. Manage and support staff development. Develop and manage the implementation of succession plans for key individuals and critical positions. Implement the HR policies and procedures as required. Manage business unit-related risks and address issues as they arise. Ensure transfer of skills. Financial Management Develop the operational and capital budget required for each national programme. Manage expenditure against budget. Manage procurement in line with the relevant policies and procedures. Address any anomalies in spend and budget. Report on financial performance for the national programmes unit. Qualifications & Experience: A postgraduate degree in Auditing, Finance Management or similar is required as recognised by SAQA. A Certification as a Certified Internal Auditor (CIA) or Professional Internal Audit (PIA). CA (SA) or Registered Government Auditor (RGA). MBA will be an added advantage. At least ten (10) years in Audit management experience, of which five (5) years should be at a senior management level, obtained within Governance, Audit Management. Knowledge of legislative and regulatory framework. Knowledge of Public Finance and Management Act (PFMA), Treasury regulations and guidelines. Knowledge of the National Treasury Internal Audit Framework. Knowledge and understanding of internal audit principles and practices. Knowledge of King Report (II, III and IV) on Corporate Governance. Travel is required. Competencies Required: Leadership Competencies Delivery Leadership Organisational Awareness and Effectiveness Organisational-Health View People Management Team Leadership Technical Competencies Contractor / Service Provider Management Needs Analysis Policy and Procedure Development and Implementation Resource Management Board Compliance Governance Data Storage and Protection Accounting Budgeting and Budget Management Financial Management Performance Management Management Information Reporting Environmental Responsiveness and Reputation Management Auditing Evaluation Legislative and Regulatory Awareness Monitoring Quality Control Service Competencies Concern for Others Customer / citizen Service and Orientation Environmental Awareness Networking Relationship Management Stakeholder Engagement Team Player Behavioural Competencies Action Orientation Analytical Thinking Skills Attention to Detail Compliance Communication Written Communication Verbal Conflict Resolution and Resilience Contextual Application Continuous Improvement Creative Thinking Decision Making Diligence Diversity Drive to Deliver Ethics and Integrity Influencing Learning and Development Planning and organizing Problem Analysis and Solving Professionalism Resilience Self-Management and Maturity Situational Responsiveness Thought Leadership Systems and Process Thinking Skills If you meet the above requirements and have the relevant qualifcations and experience, please apply by submitting your CV.