Chief Internal Auditor

Eastern Cape, Eastern Cape

**Minimum Requirements**:

- B. Comm Hons with Accounting/Internal Audit, MPhil in Internal Auditing or equivalent.
- CIA, CISA, CA(SA) and a Postgraduate Diploma in Risk & Compliance qualification are an advantage.
- A minimum of 10 years’ experience in Internal Audit.
- Experience in higher education or public sector organisations is advantageous.

**Reporting administratively directly to the Vice-Chancellor and functionally to the Audit, Risk and Information Technology Committee, you will**:

- Provide independent and objective assurance on the institution's governance, risk management and internal controls.
- Conduct both scheduled and unscheduled internal audits, providing actionable recommendations to senior leadership of the institution to enhance operations, mitigate risks, and strengthen overall performance.
- Possess a deep understanding of internal audit standards, principles and practices.
- Be equipped with proficiency of audit software, data analytic tools and Microsoft Office Suite.

**KEY PERFORMANCE AREAS**

**KPA 1) Govern and Direct the Institution’s Internal Audit Division**:

- Play a key role in shaping the overall strategic direction of the institution.
- Govern the implementation of policies & strategies agreed by Council / Senate.
- Promote the institution’s reputational profile through networks & partnerships.
- Provide oversight, leadership & guidance to units under area of responsibility.
- Establish a combined assurance framework in place.
- Play a key role in executive/governance committees.
- Direct the leadership resources as per structure.
- Monitor the achievement of the unit’s strategic plan achievement.

**KPA 2) Medium to Long-term Conceptualisation and Vision**:

- Formulate & review strategy aligned with vision & mission.
- Approve implementation of structures, resources & systems.
- Collaborates with senior stakeholders in strategy design.
- Conduct regular strategic alignment reviews.
- Provide regular feedback to senior stakeholders on plan implementation.

**KPA 3) Strategic Financial Business Planning and Budgeting**:

- Conduct long-term financial projections & planning.
- Allocate & re-allocate funds & resources based on portfolio needs & requirements.
- Approve financial strategies in conjunction with senior stakeholders / Board.
- Obtain approval for annual budgets from executive committee/Board.
- Exercise prudent budgetary control.
- Approve large payments, assets procurement & services.
- Monitor cash flow management.
- Report on financial & budgetary objectives/plans.

**KPA 4) Organisational Leadership Management**:

- Plan leadership talent, succession and development based on strategy.
- Direct preventative & mitigation strategies for anticipated talent risks.
- Recruit, select & appoint a leadership team based on the approved Resource Plan.
- Build & direct the leadership team within the portfolio structure.
- Manage performance management aligned with the Performance Management System.
- Direct talent competence, skills & performance levels aligned with strategy.
- Submit a succession & development plan progress reports to senior leadership.

**KPA 5) Strategic Relationship Development**:

- Participate in key institutional policy and decision-making bodies.
- Develop & foster partnerships with local & international academic institutions.
- Engage with industry/government stakeholders aligned with business area.
- Participate in related industry forums.

**KPA 6) Organisational Internal Audit Leadership and Advice**:

- Influence the institution's internal audit strategy & policy.
- Provide strategic internal audit direction in the strategic planning process.
- Establish frameworks for combined assurance.
- Provide direction on the ICT Audit strategy.
- Remain abreast of latest developments in internal audit legislation.
- Direct Internal Audit Charter & gain approval from senior leadership.
- Approve the Internal Audit Plan (in consultation with executive members).
- Approve risk based annual internal audit program, budget & performance criteria.
- Approve the facilitation of the fraud prevention & corruption awareness program.
- Direct internal audit policies & procedures aligned to business objectives.
- Approve the:

- a) ICT Audit Charter & obtain approval,
- b) Risk based annual ICT audit program, budget & performance criteria,
- c) Audit reports for each engagement within annual ICT audit plan.
- d) Internal audit schedules & confirm the achievement of program outcomes.
- Consider audit reports for each engagement within annual internal audit plan.
- Govern the following:

- a) Internal audit process improvements to ensure that value-adding services are in place,
- b) Assurance on information management controls.
- c) Assurance of the control environment.
- d) Internal audits and processes.
- Consider audit reports for each engagement within annual internal audit plan.
- Build business relationships with senior inter