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PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES
PUBLIC INVESTMENT CORPORATION (PIC)
Public Investment Corporation SOC Ltd
Private Bag X187
Pretoria 0001
Republic of South Africa
The Public Investment Corporation (PIC) invests funds on behalf of public sector entities. The organisation is one of the largest asset managers on the African continent. Applications are invited from dynamic individuals for the following position:
INTERNAL AUDITOR
Job Grade: * C3-C5
(REF No: IA240723)
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Minimum Qualifications:
• Grade 12
• BCom degree or equivalent
Preferred Qualifications:
• Bcom degree in Internal Auditing/ Accounting/ Investment Management/ Business Science or a related discipline.
• Industry-recognised certifications such as IAT/CIA/CA/CIMA/ACCA or working towards obtaining one.
Minimum Technical/Core Skill Requirement
• 2- 4 years internal audit experience
• Experience in performing reviews in investment management companies
• Knowledge of PFMA and treasury regulations
• Knowledge of financial markets
• Knowledge of best practice frameworks such as COSO, King IV, IFRS amongst others
Duties:
• Performing investment and operational audits allocated by the audit manager which satisfy the quality requirements of the IIA standards.
• Making practical recommendations to the business to improve governance, risk management and controls.
• Providing technical advice to the business on critical issues regarding governance, risk management and controls.
• Executing audit engagements requiring a greater level of technical and specialist skills as assigned by the audit manager/senior auditor.
• Achieving 100% of the deadlines set by the senior auditor/ audit manager.
• Performing follow-up audits/ audit tracking on a monthly basis and reporting the results to business area management.
• Supervising, coaching and providing guidance to lower-level audit staff/PICeeds.
• Assisting the audit manager/senior auditor in formulating the annual and three-year rolling risk-based audit plans.
• Coordinating audit activities with those of other assurance providers.
• Researching industry best practices and new developments and recommending improvements to the managers.
• Becoming a centre of excellence in the acquisition of technical skills and experience in investment and operations.
• Respond to ad hoc requests timeously.
• Perform ad hoc assignments and present results to business area and Audit Manager.
• Provide input to ensure timely submissions to Exco and AC.
• Managing departmental budget by ensuring individual expenditure does not exceed approved budget.
Key Competencies:
• Analytical thinking
• Negotiation skills
• Communications skills
• Presentation skills
• Problem-solving skills
• Multi-tasking skills
• Strong organizational and project management skills
• Ability to build and maintain relationships with peers and management
The Public Investment Corporation (PIC) invests funds on behalf of public sector entities. The organisation is one of the largest asset managers on the African continent. Applications are invited from dynamic individuals for the following position:
INTERNAL AUDITOR
Job Grade: * C3-C5
(REF No: IA240723)
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Minimum Qualifications:
• Grade 12
• BCom degree or equivalent
Preferred Qualifications:
• Bcom degree in Internal Auditing/ Accounting/ Investment Management/ Business Science or a related discipline.
• Industry-recognised certifications such as IAT/CIA/CA/CIMA/ACCA or working towards obtaining one.
Minimum Technical/Core Skill Requirement
• 2- 4 years internal audit experience
• Experience in performing reviews in investment management companies
• Knowledge of PFMA and treasury regulations
• Knowledge of financial markets
• Knowledge of best practice frameworks such as COSO, King IV, IFRS amongst others
Duties:
• Performing investment and operational audits allocated by the audit manager which satisfy the quality requirements of the IIA standards.
• Making practical recommendations to the business to improve governance, risk management and controls.
• Providing technical advice to the business on critical issues regarding governance, risk management and controls.
• Executing audit engagements requiring a greater level of technical and specialist skills as assigned by the audit manager/senior auditor.
• Achieving 100% of the deadlines set by the senior auditor/ audit manager.
• Performing follow-up audits/ audit tracking on a monthly basis and reporting the results to business area management.
• Supervising, coaching and providing guidance to lower-level audit staff/PICeeds.
• Assisting the audit manager/senior auditor in formulating the annual and three-year rolling risk-based audit plans.
• Coordinating audit activities with those of other assurance providers.
• Researching industry best practices and new developments and recommending improvements to the managers.
• Becoming a centre of excellence in the acquisition of technical skills and experience in investment and operations.
• Respond to ad hoc requests timeously.
• Perform ad hoc assignments and present results to business area and Audit Manager.
• Provide input to ensure timely submissions to Exco and AC.
• Managing departmental budget by ensuring individual expenditure does not exceed approved budget.
Key Competencies:
• Analytical thinking
• Negotiation skills
• Communications skills
• Presentation skills
• Problem-solving skills
• Multi-tasking skills
• Strong organizational and project management skills
• Ability to build and maintain relationships with peers and management
With the PIC having topped the R2.5 trillion mark in assets under management and in the process of entering the global investment market, it is the best asset manager any serious professional would want to be associated with. It is also one of the better places from which one can serve South Africa.
Closing Date: 07 August 2023
PIC is an equal opportunities employer and as such appointments will be done in line with PIC’s Employment Equity Plan.
Please forward a copy of your comprehensive CV quoting “IA240723” to Recruitment6@pic.gov.za
* Grade range is from C3-C5 commensurate with applicable minimum requirements
By submitting your job application, you consent to PIC’s processing of your personal information for the purposes of assessing your job application. PIC will process your Personal Information in accordance with applicable laws and the PIC Privacy Policy available here (www.pic.gov.za). You are free to withdraw your consent at any time, after which, PIC may no longer be able consider your job application.