Chief Audit Executive

3 weeks ago


Johannesburg North, South Africa Talent 101 Full time

**MAIN PURPOSE OF THE JOB**

The Internal Audit function operates as independent appraiser, responsible for examining and evaluating business activities and related risk for the purpose of ensuring regulatory compliance, safeguarding company assets and improving its systems of financial and operational controls. The role will ensure that all audit work conforms to the Standards for the Professional Practice of Internal Auditing.

In addition, this role will lead financial and accounting investigations including forensic matters. The role reports functionally to the Audit Committee and administratively to the Chief Executive Officer, and will provide it with formal assessments of the adequacy of the Company’s internal control environment on a quarterly basis.

**Mandate**: Line of defence that protects internal control and integrity. Need to develop techniques, audit/ electronic to ensure that develop audits to respond to risk of the organisation as a group.

Key Performance Areas:

- Develops and Implements the Audit Strategy as aligned to the Corporate Plan and Legislation
- Manages approach to Group Audit Execution and Quality Assurance
- Audit Reporting
- Combined Risk Assurance
- Manages approach to independent forensi investigations, fraud risk assessments and fraud awareness programmes
- Manage Stakeholder Relationships
- Divisional and People Management
- Performance Management
- Capacity Planning
- Financial Management

Strategy is a 3 year rolling plan and supported by an annual plan taking into account the risks and complexities of the group. Landbank is one of the highest risk in the SEO environment. Innovation, ad hoc, independence and objectivity.

**Team**: require a co-sourcing environment - internal that are able to respond to the org and a panel of external service providers to support - procurement and must know what to deploy when. E.g. Forensics - depending on the case - take to external service provider.

Need a seasoned person that understands the sensitivity.

Ensure the internal control environment is effective and fundamentally the auditor general can rely on the outcomes and lead to a clean audit.

**Budget**: Cost hours based on rates.

**Committees**: sit in all subcommittees of the Board and EXCO.

**Job Type**: Permanent

**Salary**: From R2,200,000.00 per year

Application Question(s):

- What is your highest qualification?
- Are you a registered CA(SA) ?
- How many years of experience do you have as a Chief Audit Executive/ Head: Internal Audit?
- Do you have experience in providing the Audit Committee and Board with assurance on the control environment?
- Do you have knowledge to design an audit strategy in line with top key risks at corporate strategic level?
- Are you a Certified Internal Auditor (CIA)?

**Education**:

- Bachelors (preferred)



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