Job Title: Group Manager, Internal Audit
Job Reference Number
P40062790
Job Title:
Group Manager, Internal Audit
Location:
Gauteng (Corporate Office - Pretoria)
Number of Positions Available:
1
Application Closing Date:
11/9/2012
Qualifications:
B Degree (Relevant) ( Essential/Minimum )
Chartered Accountant (CA) ( Essential/Minimum )
Experience & Requirements:
10-12 years(in Total) Relevant internal audit(financial accounting, enterprise risk and business management systems experience Operational (Essential/Minimum)
5+ Relevant within the Mining industry Operational (Recommended/Desirable)
5+ Relevant (Financial and audit standards, regulation and requirements) Management (Essential / Minimum)
5+ Board or board committee level experience / exposure Management (Recommended/ Desirable)
SAICA and 11A/Essential/Minimum
Certificate: Medically fit for duty/ Essential/Minimum
This job may be regarded as a prescribed officer to the Companies Act71 of 2008 and - ( Essential / Minimum)
therefore a minimum require is that the candidate may not be ineligible or disqualified from being
a prescribed officer. Each candidate will therefore be required to declare under oath that he/she is not
Ineligible or disqualified it to section 69 of the Companies Act 17 of 2008
Key Performance Areas:
GROUP INTERNAL AUDIT STRATEGY AND GOVERNANCE
Support the GM GRC to ensure effective oversight over group wide risk, compliance as well as combined reporting and assurance to the Board. Act as the link between the GM GRC and management to ensure the effective management of enterprise wide risk and compliance issues in line with the requirements of King III. Oversee financial and non-financial assurance on the systems of internal control as defined in the combined assurance plan and provide a written assessment regarding the effectiveness of the system of internal control and risk management to the Board in compliance to King III. In accordance with the recommendation of King III, be responsible to conduct a documented review of the key financial reporting controls in identified financial systems and processes every year.
BUSINESS OPERATIONS - INTERNAL AUDITING
Manage overall performance of the internal audit function, including any relevant service provider. Present audit plans and report to the Board and Committees on the financial and non-financial audit and assurance work envisaged and completed (incl. periodic reporting on their assessment of internal control within Exxaro and annual reporting of their assessment of internal financial control. Ensure a systematic analysis and evaluation of business processes and associated controls. Review the means of safeguarding assets, and as appropriate verifying the existence of assets. Appraise the economy and efficiency with which resources are employed. Systematically analyse and evaluate the business processes and associated controls and advise the GM GRC on improvements.
OPERATIONALISING OF INTERNAL AUDITING
Ensure the effective monitoring of the risk management infrastructure and practices. Provide assurance on the effectiveness of the risk responses and related control activities as part of the combined assurance model. Review the reliability and integrity of financial and operational information and the means used to identify measure and report such information. Review the systems established by management to ensure compliance with policies, plans procedures, laws and regulations which could have a significant impact on operations and reports and determining and determining whether the company is in compliance. Ensure compliance with the relevant regulatory requirements and IIA standards.
INTERNAL AUDIT STRATEGY AND IMPLEMENTATION
Assist the Board, through the GM GRC and Senior management to establish and communicate organisation's auditing and assurance objectives and direction. Compile Group's Internal Audit Charter and oversee the adoption thereof. Assist management with integrating auditing requirements with strategy development process and operational business processes. Embark on a strategy to automate controls in line with best practice. Develop and communicate Internal Auditing policies and procedures. Ensure internal audit assurance provided is in compliance with IIA Standards to ensure credibility of assurance. Develop and implement an annual risk based internal audit plan as defined in the combined assurance plan in order to ensure adequate assurance over the risks (financial and non-financial) that Exxaro must manage in meeting strategic and business objectives. Interact with the risk management processes to align internal audit reviews to risk profiles developed in the different business and operations.
FACILITATION OF INTERNAL AUDIT
Maintain a working relationship with external auditors to ensure they rely on the internal audit. Reporting on audit activities through to the Board and relevant committees. Act as central liaison officer with internal audit and other assurance providers. Ensure quality of the internal audit delivery by service provider. Provide appropriate financial control to ensure internal audit resources are used efficiently. Facilitate the development and measurement of performance goals to enable Audit Committee to assess the effectiveness of the internal audit function. Recognise and communicate potential risks/issues facing the outsourced internal audit unit function.
Key Performance Areas:
Appointments are dependent on the completion of a successful medical examination and receipt of a valid medical certificate. Exxaro facilicates such medical examinations where required.
How to Apply:
http://www.exxarocareers.drm-za.com/
0 comments:
Post a Comment