Chief Audit Executive

• 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 unit’s 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.