Internal Audit Manager
Listing reference: grind_000528
Listing status: Under Review
Apply by: 6 December 2024
Position summary
Industry: Distribution, Transport & Logistics
Job category: Transport and Logistics Management
Location: Durban
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
The Internal Audit role at Grindrod plays a crucial role in overseeing the adherence of all business processes, spanning various locations in Africa. The main purpose of this role if to provide independent oversight regarding the effectiveness of and adherence to adopted internal controls. Furthermore, the role involves conducting internal audit reviews across Africa, ensuring conformity to established standards and regulations, and identifying opportunities for improvement.
Job description
The successful applicant will be responsible for but not limited to:
- Internal Audit Plan Development:
- Identify and evaluate the organisation’s risk areas and provides key input to the development of the annual audit plan.
- Execution of the approved IA Plan:
Audits are planned with realistic budget and timelines which are aligned with resource availability and complexity of audit engagements - Internal Financial Controls (IFC) Framework Developments:
Understanding and documenting business processes and controls. Take initiative to facilitate IFC workshops where necessary and creation of control frameworks. - Risk Based Audits (RBA) – Systems and Processes Understanding:
Understanding and documenting business systems and processes (using narrative and/or flowcharting techniques). - Audit Execution:
- Plan and facilitate execution of Internal Audit projects designed to provide an assessment of internal controls processes and operational performances.
- Performing internal audit testing and perform special reviews at the request of management
- Audit Reporting: Prepare constructive written audit report with practical recommendations.
- Represent internal audit on organisational project teams, at management meetings, and with external organisations.
- Audit Management:
- Audit staff, budget, travelling and audit file.
- Training and Supervision:
- On the jobs training, coaching and supervision to Internal Audit Team members that are reporting to IA Manager.
- Guides audit staff in the planning, organising, and monitoring of Internal Audit reviews.
- Monitoring of Findings:
- Ensure the findings tracker is complete by ensuring the findings reconcile to the final reports and pivot dashboards are populated.
- Monitoring of Management Self-Assessments (MSAs) on IFC Control Frameworks for the divisions assigned responsibility: Ensure quarterly MSAs are complete.
- Findings tracking
- Monitor the status of all reported findings to track improvement.
- Board Reporting: Board reports are submitted in a timely manner and meets division quality standards.
- Value adding:
- Ensure that Audit Survey Questionnaire (“ASQ”) is done after completion of the assignment to understand feedback from business.
- Demonstrate the ability to identify opportunities to provide value added services or enhancement to internal audit function.
Minimum requirements
Qualifications
B Com (Accounting) or B Com (Internal Auditing),
B Com (Accounting) or B Com (Internal Auditing),
Experience
At least 8 years Internal Auditing experience, with IA articles with a Big 4 Firm/Large Corporate.
At least 8 years Internal Auditing experience, with IA articles with a Big 4 Firm/Large Corporate.
Job Specific Certifications
CIA
CIA
Professional Registrations
Full member of the Institute of Internal Auditors.
Full member of the Institute of Internal Auditors.