Audit Manager

SUMMARY:
One of South Africa's largest privately-owned Insurance Groups is seeking a Auditor Manager.

POSITION INFO:

MAIN PURPOSE OF THE ROLE:
You will be required to play a key role in all phases of audit and advisory engagements and will interact with senior and middle management across the organisation.  This may range from conducting engagements (fieldwork and reporting), managing projects, to doing research, collating information or providing analytical insights. In addition, the Audit Manager will be required to assist in identifying and assessing specific and ad-hoc / unique strategic, operational, reporting, internal control and / or compliance risks, directly aligned to business strategy, ensuring delivery against the Internal Audit plan and associated methodology.

SKILLS & QUALIFICATIONS:

• Completed Matric
• Must be a CA(SA)/ CIA / PIA / CISA / CRISC
• At least 6 years related experience, of which 3 years in an internal / external audit role
• Certification in Risk Management Assurance (CRMA)
• Experience in leading and managing teams
• Experience in managing relationships and engaging with senior stakeholders
• Experience in project management
• Must have previous insurance/financial services audit experience
• Financial services knowledge and experience
• Knowledge of Finance, Governance, Compliance and Risk Management principles
• Internal audit methodology and best practice
• IA Charter, Standards and Code of Ethics
• Knowledge of COSO framework
• Knowledge of risk management and risk management practices
• Knowledge of the Short/Long Term Insurance Act, GOI, PPR, TCF and other related insurance regulations

DUTIES & RESPONSIBILITIES:

Strategy and Planning:

• In conjunction with the Senior Audit Manager, set the internal audit strategy and project plan and oversee the implementation thereof.
• Deliver on the internal audit strategic objectives by developing deeper perspectives and options for how to serve our clients best, solve problems, be proactive about suggesting meaningful improvements, leverage subject matter expertise, and consider broader organisational implications in terms of risk assurance.
• Continuously drive internal audit process improvement to ensure a value adding partnership with business.
• Operational / Technical:
• Assist in determining the audit and advisory plan as well as determining resource needs.
• Manages overall audit and advisory engagements to ensure the timely delivery of the highest quality work, reports and value-add recommendations.
• Develops a thorough and comprehensive understanding of the overarching risk universe, processes and associated internal controls, issues, pertinent regulations and risks associated with the engagement scope.
• Assesses the design adequacy and effectiveness of the control environment, identifies control gaps and opportunities for continuous improvement and relates it divisionally and enterprise-wide, as appropriate.
• Performs audit work and analysis on complex audit areas.
• Review the work of junior team members and ensure the audit work and audit outcome align to the scope and objectives of the audit engagement
• Provides draft opinions on audit and advisory findings, ratings and recommendations to senior Internal Audit management
• Engages and influences business management to act on recommendations to strengthen the control environment and make process improvements.
• Serves as trusted advisor and consultant to the department and business leaders to share knowledge and perspective on topics related to governance, risk, control and areas of expertise
• Participates, and at times leads, team, department and/or divisional projects, to effectively deliver on operational and strategic goals.
• Remains up to date with latest industry developments and trends, as well as new Regulatory pronouncements.

Stakeholder Engagement:

• Effectively build and maintain business relationships with all internal and external stakeholders, to become a credible and trusted advisor and business partner
• Represent the internal audit function to internal or external customers
• Ensure a thorough understanding of the business environment, strategies, challenges and risks as well as prevailing legislation and emerging industry trends

Management and Leadership:

• Provide direction and leadership to the engagement team in executing the Group’s internal audit strategy
• Build a high-performance team through managing resources, coaching, mentoring and retention of critical staff, and ensuring development potential is realised
• Promote a culture of continuous learning

Financial Management:

• Responsible for effective budget management and control within the area of responsibility and projects
• Ensure cost-effectiveness and optimisation for own area of responsibility

Please note that if you have not received a response within 7 days of submitting your application that your application was unsuccessful.

However, please keep a lookout on our website, www.------ for available positions which may be inline with your career aspirations.

NB! This job is now closed. You can apply for other jobs by uploading your CV.