Senior Internal Auditor

2 weeks ago


Durban, KwaZulu-Natal, South Africa BDO South Africa Full time

Purpose of the job:


The Senior Internal Auditor supervises and ensures that the project runs efficiently and profitably from inception to sign-off by managing all the relevant stakeholders in accordance with the Firm's policies and procedures and IIA Standards.

The Senior Internal Auditor will ensure a high standard quality of deliverables to clients is maintained and all project deadlines for self and subordinates are adhered to.


The Key outcomes of this role are:

People:

  • Staff Development (training and performance management)
  • Staff relationships
  • Values (REACT)

Client:

  • Client Relationships (NPS)
  • Internal Audit Plan Development
  • Audit Committee Submission

Processes & Quality:

  • Internal Audit project coordination and supervision (deadlines)
  • Delivering high standard deliverables on time
  • Pentana (Planning / execution / reporting)
  • Quality Assurance (review of team work and clearing manager notes)

Project Planning

Planning processes:

  • Drafting of Scope Letter.
  • Issuing of document requests (RFI) and gathering of relevant information.
  • Review and finalise the process walkthrough (system descriptions)
  • Selection of samples as per the sample methology.
  • Update of staff planner.
Audit Work Programme

  • Finalise a detailed Risk & Control Matrix for the process under review, in conjunction with the AM/M.
  • Ensure that each risk identified is aligned to a control and audit procedure.
  • Document the Risk and Control Matrix on Pentana, with mínimal review notes by AM/M/SM.
  • Assist in allocation of audit procedures to the execution team
Execution

  • Executing allocated audit procedures as per approved Risk and Control
  • Matrix (complex procedures no more than 25% in general. Percentage may differ in consulting projects).
  • Finalising findings with relevant process owners to confirm factual correctness, including the root cause and recommendations.
  • Complete execution within allocated time/cost budget and communicate challenges, overruns and issues in advance. Assists and guides IA/JIA.
Client Management

  • Assist with overall client management functions in conjunction with AM/M/SM:
  • Liaison with client. Preparation of draft ARC/management reports.
  • Client plan management.

Quality and process**Execution

  • Review working papers and findings of IA/JIA with constructive coaching notes, in line with IIA Standards.
Project Administration (Time & Attendance)

  • Daily completion of timesheets and disbursement claims for inclusion in WIP
  • Monitoring of project Budget/WIP on a daily basis.
  • Remaining within the allocated hours and / or communicating overruns with The Manager/Senior Manager & Director.
  • Commence and finalize allocated work within specified timeframes, as per resource planner and agreed upon with Manager or Director.
Team Evaluations

  • Timely completion of own Project Performance Appraisal document (within 7 days after completion of the audit report).
  • Timely review of the IA/JIA's Performance Appraisal (within 7 days after receipt of from the JIA).
Declaration of interest

  • Signed declaration of interest for the client (Internal Document)
  • Ensure that the audit team has completed and signed the declaration of interest forms.
Quality

  • Ensure that audit work and draft findings are adequately documented and substantiated with audit evidence on Pentana.
  • All items on Pentana have been reviewed and signed off.
  • Update and ensure the engagement file is ready for review on Pentana.
Reporting

  • Finalising findings with relevant process owners to confirm factual correctness, including the draft root cause, effects and recommendations.
  • Development of a full draft report for management finalisation.
Communication

  • Communicate with the AM/M/SM in a timely manner on progress of work and any challenges being experienced.
  • Communicated with the team in relation to the project.
  • Timely communication with the client.

People Development, Learning and Growth
CIA Certification

  • Pass two out of three parts of the CIA exams

Generic Factors:

  • Flexibility
  • Reliability
  • Acceptance of Responsibility
  • Able to perform work and deliver without constant supervision/guidance.
  • Shows commitment to the client, engagements and BDO.
  • Constantly accepts responsibility in a competent manner.
  • Can be relied upon to accept responsibility in respect of other employees in their absence when requested to do so.
  • Requires mínimal level of supervision and coaching.
Training and Development

  • Keeps abreast of work related developments.
  • Attendance of at least 85% of training interventions.
  • Maintains or improves Skills Matrix rating to 85%.
  • Maintains CPE hours & reporting (if certified).
Peer Assessment

  • Obtain a minimum score of 75% in the 360degree assessments
Interpersonal skills and Teamwork

  • Cooperates well with supervisors, colleagues and those supervised.
  • Is polite and respectful of others. Demonstrates a sound and healthy attitude when in


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