Senior Internal Audit Manager: Proactive Assurance, Advisory & Performance Audit (3028)

MINIMUM REQUIREMENTS

• An Honours degree in Internal/External Auditing at an NQF Level 8. includes related qualifications in Finance, Auditing.
• Must hold an active Certified Internal Auditor CIA designation or equivalent includes CASA, RGA and be a member in good standing.
• A minimum of 10 years' combined experience in internal or external auditing within the public sector experience in entities governed by PFMA, of which at least six 6 years must have been at a managerial or supervisory level overseeing audit teams.

ADVANTAGEOUS

• Experience in conducting performance audits will be added advantage
• Internal/external audit experience in a similar environment to SANRAL a state-owned entity
• Internal/external audit experience in public entities governed by the Public Finance Management Act PFMA

TECHNICAL COMPETENCIES

• Review of High-value tenders SCM auditing
• Ability to supervise teams
• Ability to assume a lead advisory role to management
• Experience in performance auditing
• Solid experience in knowledge of PFMA and Treasury regulations.
• Knowledge of Risk Management/Corporate Governance/Internal
• Control Frameworks
• Advanced presentation skills
• Data Analysis
• Project Management
• Knowledge of Research/Benchmarking
• Interviewing skills
• Compliance reporting

KEY RESPONSIBILITIES

Proactive Assurance, assigned audits and Advisory

• Oversee Planning of SCM Proactive Assurance and other assigned audits in accordance with Internal Audit Methodology and Global Internal Audit Standards – Engineering and Non-engineering engagements
• Oversee Execution of SCM Proactive Assurance and other assigned audits in accordance with Internal Audit Methodology and Global Internal Audit Standards – Engineering and Non-engineering engagements
• Report on SCM Proactive Assurance and assigned audits in line with Internal audit Methodology and Global Internal Audit Standards
• Present Audit results and reports to Management, Board and board subcommittees
• Track and monitor requests for proactive Supply Chain Management SCM reviews and allocation
• Provide value-add insights, trends and recommendations for improvement of internal control, risk and governance processes
• Provide value added advisory services to both management and board.

Strategic Functions

• Participate in development and updating of strategic and operational plans including risk-based Three-Year rolling Plan and annual audit Plan.
• Participate in the development and updating of the Internal audit Methodology and Internal audit Charter
• Participate in the development and updating of Internal audit Strategy
• Develop and update applicable policies and procedures
• Streamline audit processes to enable continuous monitoring of core processes to enable timely mitigation of risk events.
• Partner more closely with key internal and external stakeholders to ensure optimal combined assurance to the Board and Management and make certain that key risks are appropriately addressed.
• Advise Executive Management and the Board on emerging risks and governance improvements.
• Promote a culture of proactive assurance and continuous improvement.
• Lead innovation initiatives including continuous auditing.

Performance Audit Leadership

• Lead performance audits focusing on economy, efficiency and effectiveness.
• Ensure performance audits assess achievement of strategic and operational objectives.
• Evaluate service delivery performance and value-for-money outcomes.
• Review audit findings and recommendations relating to organizational performance.
• Benchmark SANRAL practices against leading public-sector and infrastructure entities.

Engagement Planning – Internal Audit

• Oversee development of risk-based audit plans and audit programmes.
• Oversee audit execution to ensure compliance with Global Internal Audit Standards.
• Ensure effective use of audit technologies and data analytics tools.
• Monitor audit progress against approved plans and timelines.
• Drive quality assurance and continuous improvement initiatives.
• Ensure maintenance of a quality audit file system and audit evidence repository.

Engagement Execution - Internal Audit

• Lead and oversee execution of assigned assignments in accordance with SANRAL Internal Audit Methodology and the Global Internal audit standards
• Oversee audits to ensure that they are conducted within the time budgets, scope, quality and timelines determined as per the audit plan.
• Evaluate the suitability of internal control design and effectiveness and make recommendations on findings.
• Oversee the audit team and provide guidance to ensure timely completion of audit projects.
• Perform any other tasks as required from time to time.

Engagement Management and Reporting - Internal Audit

• Review and approve audit reports before submission for finalization
• Present significant audit results to Executive Management, Audit and Risk Committee and Board Committees.
• Ensure reports are accurate, objective, clear, concise and constructive.
• Monitor implementation of audit recommendations and management action plans.
• Provide strategic assurance reporting to governance structures.

Stakeholder Engagement

• Effectively engage and communicate with auditee management, audit team, service providers, external auditors, other stakeholders and Internal Audit management
• Ensure that internal audit activities are effectively coordinated with other assurance providers including risk management, forensics, ethics and compliance functions.

People Management

• Lead and manage Internal Audit Managers and audit teams.
• Drive staff development, succession planning and capacity building initiatives.
• Establish performance expectations and monitor achievement thereof.
• Coach and mentor managers and senior auditors.
• Foster a high-performance culture aligned to SANRAL values.
• Ensure adequate skills and resources to deliver the Internal Audit Plan.

Financial Management

• Develop and manage budgets for assigned portfolio.
• Monitor expenditure against approved budgets.
• Ensure efficient utilization of internal and outsourced audit resources.
• Contribute to procurement and transformation initiatives.