Internal Audit jobs in South Africa

Who We Are

Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions.

With a network spanning 41 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and 300,000 agents in Nigeria, enabling domestic and cross-border disbursements and collections, card issuing and processing, agency banking, and treasury services.

By connecting global and regional enterprises, mobile money operators, money transfer operators, banks, fintechs, global development organisations, and online and offline merchants, supported by world-class regulatory and compliance capabilities and a strong regional presence in 10 offices in Africa, and others in the UK, US, and China, Onafriq is ushering in a new era of access for people across the African continent and beyond.

The Role

We seek a dynamic and motivated Internal Audit Manager to join the Internal Audit department. The Internal Audit Manager will assist the Director, Internal Audit in providing reliable, value added and independent assurance to the Board, Shareholders and other relevant Stakeholders (e.g. external auditors, regulators, etc.) over the adequacy and effectiveness of the internal control environment in mitigating current and evolving risks across the business.

The Internal Audit Manager will be responsible for the management of audit engagements at the planning, execution, and reporting stages.

This position is based in Johannesburg, South Africa or Lagos, Nigeria and reports to the Director, Internal Audit. This is a hybrid role, as we prioritise both working from the office and from home.

Duties and Responsibilities:

• Application of the internal audit framework and methodology
• Application of the internal audit charter
• Performance of business wide (universe) inherent risk and control risk assessments
• Planning of internal audit assignments as per the risk assessment
• Planning of management requests and other ad hoc internal audit assignments
• Clear, detailed process flow documentation
• Control Walkthroughs
• Key risk identification
• Key control identification
• Key control adequacy assessments
• Definition of testing strategies
• Population analysis and sample selections
• Conducting fieldwork and control effectiveness testing
• Data analytics
• Consolidation of findings and agreed action plans (recommendations)
• Creation of internal audit reports
• Obtaining management comments and agreeing internal audit reports with management
• Finalisation of audit files in line with internal audit best practice and methodology requirements
• Building relationships with Management and Executives
• Conducting follow up activities across the business
• Generally, uphold the values of the company

Qualifications and experience:

• Internal Audit experience in Financial Services (required)
• Thorough understanding of internal control and related internal audit methodologies and techniques
• Knowledge of Data Analytics testing would be advantageous
• Chartered accountant with Big 4 articles or CIA

You will be a good fit if you:

• Have a professional manner that will reflect positively on Internal Audit
• Are able to communicate effectively with a wide audience including at senior management and board level
• Can effectively deal with possible conflicting professional opinions
• Are a self-starter who can work with minimal supervision
• Are proactive and take initiative
• Are able to meet deadlines
• Possess strong values and ethics and have the ability to maintain professional independence and objectivity and act based on personal professional conviction and confidence

Why work for us:

• We work at the very cutting edge of fintech in Africa
• We solve relevant problems for Africa and the world in hope of continuing to make an impact on the millions, if not billions, of users who also believe in what we do
• We have a very diverse work environment with over 28 nationalities represented and continually strive to build a culture of caring and execution
• We operate a flexible working and unlimited leave policy
• We offer a competitive salary package and bonuses
• We prioritize the overall well-being of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment