Position Description :
Head of Group Internal Audit
Responsible for leading the internal audit function within TFG to meet the vision and objectives as determined by the relevant stakeholders.
Responsibilities :
Demonstrates a clear commitment to the highest standards of integrity, professional and personal conduct and holds others to the same standards
Manage conflicts with stakeholders in finalising the audit findings
Manages multiple priorities
Determine resources (including people and systems) needed to ensure business needs are met
Supports teamwork by having a positive attitude
Able to lead the team through complex changes
Communicates effectively with stakeholders, customers, IA management team and staff (regarding strategy, plan, focus areas, etc.)
Develops and implements a flexible risk based annual audit plan aligned to the overall assurance framework
Manage stakeholder requirements and expectations iro of project scope and timelines
Plans and allocates resources to meet departmental goals
Approves planning memo for projects to commence (scope, objectives, budget and risks)
Evaluates and recommends assigns ad-hoc audit requests for approval
Ensures the quality of audit projects
Reviews draft and final report
Effectively communicates the audit issues and audit opinion
Escalates significant audit issues
Compile quarterly reports to the Board sub committees and present as required
Compile report and present to Executive Risk Management Committee
Provide input into Integrated Annual Report
Compile Reports to Quarterly Governance committee presentations (CEO and CFO) and present as required
Responsible for budget and projections relating to the specific cost centre
Performs monthly monitoring of actual expenses versus budget
Primary relationship : Assurance Management team members and internal audit team
Secondary relationship : Process owners
Attendance at Board subcommittee meetings as required
Ensures the quality and completeness of fieldwork
Conducts high impact / strategic advisory and assurance projects
Co-sourcing : responsible for managing the relationship, and approving the scope of engagements
Manage relationships with other assurance providers as relevant
Requirements :
CA (SA) or equivalent professional qualification
Membership of professional bodies such as ISACA, CIA (Desirable)
8-10 years General Audit experience
3 -5 years IT related Audit experience
Minimum 5 years’ experience in managing a team
Minimum 5 years proven experience in contributing or participating in risk processes and GRC tools
2 years’ experience of automated internal audit capabilities (Desirable)
Experience in listed environments (Desirable)
Experience working for a multi-national organisation (Desirable)
Competencies and behaviours for success :
Strong ability to persuade and influence others
Ability to formulate IA strategies, aligning it with business strategy
Proven ability to communicate effectively (interpersonal & presentation) at all levels
The ability to work pro-actively and independently
Strong analytical and numerical skills
High levels of accuracy
Good service-orientation mentality
Self-motivated and sets high standards of own performance.
Excellent problem-solving skills
Preference will be given, but not limited to candidates from designated groups in terms of the Employment Equity Act.