Internal Audit Specialist
|Location||Sandton, Gauteng, South Africa|
Samancor, one of the biggest companies in the chrome mining industry, is recruiting for an Internal Audit Specialist.
PURPOSE OF THE JOB
Conduct risk assessment of assigned audits within the established or required timeline. Execute and manage risk based internal audits and consulting projects. Communicate findings to senior and line management and draft comprehensive and complete report for the audited area.
To provide management with suitable recommendations that will improve the company’s risk assessment, governance process and internal control procedures.
Safety, Health, Environment and Quality:
Identify and assess level of issue based risk exposures in area of responsibility by considering exposures to business, financial, legal compliance, people, equipment, material, environment, processes, etc.
Consider the level of risk, apply mitigation and implement control measures for residual risk (set objectives, minimum requirements, etc.)
Manage SHEQ compliance within the section using SHEQ Toolbox
Utilise the Information Management System (IMS) to analyse, identify trends, initiate, mitigate, investigate and report SHEQ status
Manage personal development
Coach other Internal Audit team members during complex or special audit assignments
Develop, maintain and improve relationships with key internal and external stakeholders.
Report on key issues identified during the audit, and to make recommendations for improvement or corrective action
Assist the Business Unit Management with the performance of the risk assessment process
Monitor and evaluate the effectiveness of the risk assessment system
Prepare process flow charts/ system descriptions and process narratives
Identify and assess pertinent key business risks and compensating controls
Preparing the risk and control matrix for assigned audit engagements
Audit Engagement/ Assignments:
Lead the assigned audit engagements or projects
Prepare and execute risk based internal audit assignment
Plan and develop detailed audit programme for assigned audit projects
Identify and assign audit work to other Internal Auditors during the audits
Perform analytical reviews and testing procedures during audit projects
Prepare audit working papers that support the issues presented in an audit report
Ensure audit working papers prepared by others supports the audit findings raised
Communicate significant findings to the Auditor-in-Charge (AIC) and Internal Audit Manager
Develop and discuss audit findings with Auditee’s responsible staff and management
Make suitable recommendations to improve the operations and internal controls
Prepare and present formal written internal audit reports for audits
Identify and recommend training needs for Internal Auditors.
Manage and resolve disputes/ conflict that may arise during the audits.
Monitor and follow-up on the implementation status of internal audit recommendations and management action plans
Compile clear and concise follow-up report on implementation status of recommendations and management action plans, and further present it to management
Ad hoc requests/Special Assignments:
Lead or execute special reviews or ad hoc requests (Consulting) projects
Assist in the performance of special review requested by management
Prepare clear and concise reports for ad-hoc projects and also present it to management
Execute or assist in the completion of all audit work in accordance with IIA standards
Ensure audits are conducted in accordance with IIA standards and code of ethics
Prepare clear and concise reports for audit and consulting engagements performed
Contribute to the improvement of risk management and control systems.
Identify or ensure that significant risks facing the company are identified
Business and system improvement
Assist in carrying fraud and other management special requests
Identify key risk exposures and make suitable recommendations
MINIMUM QUALIFICATION AND EXPERIENCE
Bachelors of Commerce Degree or Equivalent + CIA
Minimum 4 to 6 years Internal Audit experience (preferably in a mining or smelting environment)
Honours or CISA will be an added advantage
|Job Closing Date||31/03/2017|