Roles And Responsibilities
- Review and maintain an Internal Audit Charter for the Pension Fund continuously.
- Generate and implement a flexible annual internal audit plan using appropriate risk-based methodology and submit that plan to Senior Management and the Audit Risk and Committee for review and approval annually.
- Maintain, on an ongoing basis, the Department’s Quality Assurance and Improvement Program (QAIP).
- Write reports and present them to the Audit and Risk Committee and Senior Management on a quarterly basis.
- Generate an annual departmental budget (time, finance, staffing) for approval by the Audit Risk and Compliance Committee.
- Assist the Pension Fund’s external auditors as and when requested to do so.
- Supervise on an ongoing basis, the entire audit process including special investigations (planning, execution and reporting) for individual audit projects to ensure that work is delivered to a standard that is compliant with the provisions of the International Professional Practices Framework of the Institute of Internal Auditors.
- Supervise the performance of follow-up reviews on action plans agreed between Management and internal audit, and between Management and other assurance providers such as External Auditors and Regulators.
Qualifications And Experience
- Possession of at least a degree in Accounting, qualified Chartered Accountant and Certified Internal Auditor designation or equivalent.
- Meeting the minimum annual Continuing Professional Education (CPE) requirements of the Institute of Internal Auditors for a Certified Internal Auditor or equivalent professional body (e.g. ICAZ, ACCA).
- At least 3 years’ experience as an Internal Auditor or External Auditor of IFRS compliant entities and experience with use of SAP ERP software or similar Accounting software.
- Demonstrable knowledge of International Financial Reporting Standards (IFRS).