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South Africa: Head of Internal Audit (Finance) posted by AtripleA recruitment & temps

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Job Description

About the Role

Our client in the Finance Industry is seeking a seasoned professional to fill the role of Head of Internal Audit, providing strategic guidance and oversight to ensure regulatory compliance, safeguard assets, and enhance financial controls.

Key Responsibilities

• Responsible to develop and implement the Internal Audit strategy and plan as a Trusted adviser in line with the Bank’s strategic objectives.

• Evaluate business activities and related risks for purposes of ensuring regulatory compliance, safeguarding the bank’s assets, and improving its systems of financial and operational controls.

• Ensure that the department’s work is value-adding and undertaken in conformance to the Standards of Professional Practice of Internal Auditing and Code of ethics developed by the Institute of Internal Auditors and the bank’s Internal Audit Charter.

• Responsible for the work performed by the audit staff. He/she is a mentor and provides coaching and guidance when required.

• Ensure auditees are aware and understand the role of internal audit within the bank

• Communicate with management through individual meetings and relevant committees such as the MIRC and BRMC.

• Present the Audit Report to the Bank Conduct Review & Audit Committee (CRAC) on a quarterly basis and respond to all queries on a timely manner.

Requirements

• Undergraduate degree in Accounting, Banking, Finance, or Risk Management

• CIA and CRMA qualified

• CISA qualification would be an advantage

Qualifications

No formal education or certifications mentioned.

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How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Finance/Accounting Jobs in South Africa

In the realm of finance and accounting in South Africa, industry trends indicate a strong demand for professionals with expertise in financial management, analysis, and planning. Typically, roles in this sector involve supporting the financial performance of an organization, ensuring compliance with regulatory requirements, and providing strategic advice to senior management. Generally, career prospects are promising, particularly for those with advanced qualifications or relevant work experience.

Salaries for finance and accounting professionals in South Africa can vary widely depending on factors such as level of experience, company size, and industry sector. Typically, entry-level positions may start within the R200 000 – R350 000 per annum range, while senior roles can command salaries ranging from R800 000 to over R1 million per annum. However, these figures are broad and can fluctuate based on market conditions, company needs, and individual performance.

Common skills required for finance and accounting professionals in South Africa include proficiency in financial software such as SAP, Microsoft Excel, and accounting systems; analytical and problem-solving abilities; strong communication and interpersonal skills; attention to detail and organizational prowess. Other essential skills may include knowledge of tax laws and regulations, financial modeling, and data analysis.

The financial services sector, technology industry, and manufacturing sector are among the most common industries that employ finance and accounting professionals in South Africa. Financial services companies often require professionals with expertise in financial planning, risk management, and compliance. The technology industry demands professionals with experience in software implementation, cost analysis, and IT project management. Manufacturing sectors typically need accountants with knowledge of inventory management, supply chain optimization, and production planning.

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Career development opportunities for finance and accounting professionals in South Africa are generally good, with many companies investing in training and development programs to enhance their employees’ skills. Typically, career progression involves moving into senior roles, such as financial manager, controller, or chief financial officer, where professionals can take on more strategic responsibilities and contribute to the organization’s growth and success.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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