Audit Manager: Group Internal Audit

What will you do?

Responsible for the review and assessment of systems of control and procedures in the organisation in order to minimise risk and loss. This will include assessing internal controls and liaison with external auditors, risk management, loss control and systems evaluation. Accountable for the independent performance of complex audits. Work will include planning, performance and documentation of audits and the reporting and resolution of any weaknesses and shortcomings. May also be responsible for managing, structuring and focusing the work of the small audit teams. Will manage audit relationships with directors and line management in regard to audit performance, finalisation of reports and agreement on remedial action.

What will make you successful in this role?

• Audit planning – Align the audit effort with the strategy, objectives and emerging risks of SADC and Ghana businesses:
  • Perform overall risk analysis of the businesses
  • Design an overall audit plan that is aligned with the risk profile and strategic objectives of the businesses
  • Negotiate and contract the annual audit plan and budget with senior management and the in-country audit committees
  • Regular communication with the EXCO members
  • Understand sources and trends in profits and profit drivers influencing it
  • Manage the capturing and continuous updating of the annual audit plan on the internal audit software

• Execution of the annual audit plan and developing audit plans for new clients
  • Staff scheduling
  • Guidance on risk and control analysis
  • Approve audit programmes
  • Drive and support the development of audit frameworks to be captured on the internal audit software to allow for reuse and standardisation between audit teams
  • Manage general quality assurance on audit assignments
  • Ensure quality of audit data captured on the audit software in order to use the outcomes for business information
  • Support and drive the use of data analytics on audit assignments
  • Guidance during the performance of ad-hoc audit requests
  • Provide guidance as to the practical implementation of the methodology
  • Integration with external audit requirements

• Communication and reporting
  • Rating of audit observations and obtain management comments on Priority 1 & 2 audit observations
  • Drafting, issuing and discussing management letters
  • Drafting of Audit and Risk Committee audit reports in country and attendance of these Committees
  • Summarising key messages from in-country audit outcomes for inclusion into the SanlamAllianz Audit and Risk Committee
  • Timely communication with senior management of changes to audit plans as well as significant audit observations.
  • Follow-up previous audit observations
  • Overall conclusion on control environments
  • Highlight significant concerns and trends

• Client and Assurance relationships and networking
  • Regular discussions with senior management regarding focus areas, progress with strategies and emerging and existing risks.
  • Liaise with external auditors, risk management, forensics and compliance to ensure assurance provision is optimised for the client
  • Maintain Client Relationships:
    • Business Audit Committees with external directors and the Audit Committee Chairman
    • Business CEO and Exco

• Staff management
  • Skills development and coaching
  • Staff management (performance evaluations, training & development, etc.)
  • Provide input methodology and other best practices by performing the necessary research and maintaining/ obtaining topical knowledge
  • Focussed team meetings
  • Creation of a learning culture
  • Effective successor planning
  • Motivate staff to continuously improve

• Departmental initiatives
  • Targets achieved

• Research and innovation
  • To be contracted on a yearly basis

Qualification and Experience

• A completed Bcom degree in Financial Accounting / Management Accounting / Diploma in Internal Auditing or relevant qualification
• Chartered Accountant (CA) is advantageous
• Minimum of 10 years relevant auditing experience of which 5 should be in Financial Services and 5 should be in a supervisory (manager) position.

Knowledge and Skills

• Risk and loss control
• Complex Internal Audits
• Reporting to various stakeholders
• Coaching and mentoring of junior auditors
• Audit performance and remedial action

Personal Attributes

• Plans and aligns - Contributing through others
• Manages complexity - Contributing through others
• Business insight - Contributing through others
• Balances stakeholders - Contributing through others

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

• Cultivates innovation - Contributing through others
• Customer focus - Contributing through others
• Drives results - Contributing through others
• Collaborates - Contributing through others
• Being resilient - Contributing through others

Turnaround time