Senior Internal Auditor

The Road Accident Fund’s mission is to provide appropriate cover to all road users within the borders of South Africa; to rehabilitate and compensate persons injured as a result of motor vehicle accidents in a timely and caring manner; and to actively promote safe use of our roads.

Purpose of the Job: Reporting to Manager: Internal Audit, the successful incumbent is responsible to conduct audits per the audit plan and supervise junior staff.

Key Performance Areas

Policy Review and Implementation

• Plan and conduct audits as per the approved Internal Audit Methodology.
• Draft the Audit Planning Memorandum, discuss with the auditee before submitting it for approval
• Document and complete the planning documents (system description and risk and control gap analysis) with the auditee (opening meeting) for confirmation and indication of changes that need to be effected.
• Formulate the audit program based on the outcome of the preliminary survey using appropriate audit methodologies.
• Address and respond to reviews on all planning documents from the Audit Manager.

Supervise the Audit Process

• Allocate audit work to auditors as per RACM and manage hours for the audit team.
• Provide regular team progress to the Audit Manager.
• Conduct and supervise the audit as per the RACM.
• Review preliminary survey work performed by auditors.
• Review the system descriptions and risk and control gap analysis performed by the internal auditors.

Policy Review and Implementation

• Contribute to the development and implementation of departmental policy, procedures and processes.
• Keep up to date with effective policy and practice execution strategies.

Reporting

• Discuss the reports with auditee, raise findings and obtain root causes from the auditee
• Prepare and submit audit report with findings addressing audit objectives and scope to the audit manager.
• Address review notes from the Audit Manager and capture close-out meeting minutes.
• Provide assurance and recommend controls to business units in accordance with the relevant laws and regulations and National Treasury frameworks.
• Develop functional reporting systems, for management, projects or performance reporting.

Stakeholder Management

• Facilitate and manage communication with relevant internal and external stakeholders proactively and progressively manage the relationships.
• Manage relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.
• Communicate with all levels of stakeholder contact.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Auditing related qualification.
• Registered with the Institute of Internal Auditors and/or ISACA.
• CIA will be an added advantage.
• Relevant 5 - 7 years’ experience in an Auditing environment.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful

Security Vetting shall be conducted on all prospective employees

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.