Job Description

Purpose of the Job:To execute process and system audits as per the approved plan, including ad-hoc audits. Oversee internal audit functions, manage relationships with outsourced providers, and ensure effective execution of the annual audit workplan. Collaborate with the Auditor-General of South Africa to monitor audit findings and enhance internal control systems. The person appointed to this position will report to the Senior Manager: Governance, Risk and Assurance.Key Performance Areas:

• Develop a three-year strategic risk-based Audit Plan based on an assessment of key risk areas.
• Develop annual audit operational plans aligned with risk assessments and organizational priorities.
• Ensure alignment of audit activities with organizational goals and regulatory requirements.
• Develop the FSCA Internal Audit Charter aligned with strategic direction.
• Monitor progress and completion of audit activities as per the workplan.
• Evaluate design and operating effectiveness of internal controls.
• Enhance the control environment by recommending improvements to lower risk exposure.
• Maintain a quality assurance and improvement programme covering all internal audit services.
• Conduct special audits or reviews as requested by management or the audit committee.
• Liaise with outsourced internal audit provider to ensure timely completion of audits.
• Liaise with external auditors to ensure efficient coordination of audit efforts.
• Review and approve audit reports to ensure accuracy and quality.
• Track audit findings and oversee implementation of corrective measures by internal departments.
• Coordinate feedback and compile the FSCA Audit Tracking register.
• Monitor implementation progress of action plans and conduct follow-up audits.
• Prepare clear, logical, and concise reports for committees as required.
• Develop and implement fraud detection procedures.
• Conduct or oversee fraud investigations when necessary.

Other Key Competencies:The candidate must demonstrate the following skills and attributes: Analytical thinker with attention to detail, maintaining confidentiality, and strong interpersonal skills. Customer-focused, emotionally intelligent, and a team player with excellent communication skills. Reliable, trustworthy, and committed to upholding organizational standards and reputation.FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.A degree with 3 years relevant experience; CA (SA) and/or CIA qualification preferred. Proficiency in Internal Audit theory and practice. including CAATS (Computer assisted audit techniques) such as ACL (Audit Command Language). Understanding of regulatory environments and organisational risk management will be an added advantage.Closing Date: 9 August 2024

Financial Sector Conduct Authority