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ROAD ACCIDENT FUND (RAF) - INTERNAL AUDITOR
ROAD ACCIDENT FUND (RAF)
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
The Organization requires the services of qualified individuals within its Durban Regional Office for the following position:-
THIS IS AN INTERNAL AND EXTERNAL ADVERTISEMENT
INTERNAL AUDITOR: T.A.S.K GRADE 12
16042021AUD
LOCATION: Durban
CLOSING DATE & TIME: 4/28/2021 11:55 PM
Purpose of the Job: Reporting to the Manager Internal Audit/Senior Auditor, the successful incumbent will be accountable to conduct audits as per the audit plan.
Key Performance Areas
Plan Audits
- Prepare the notification letter to be sent to the client in accordance with the approved annual audit plan.
- Develop processes flows from policies and procedure manual of business unit.
- Provide audit file and cross-reference all working papers to audit evidence in accordance with the Quality Assurance standards.
- Provide assurance and recommend controls in accordance with the relevant laws and regulations and National Treasury frameworks.
- Conduct audits as per the audit program and provide reasonable assurance regarding the following:
- Appraise progressively the soundness, adequacy and application of the internal control systems.
- Ascertain that the system of internal control promotes the efficient and effective use of resources.
- Ascertain that the system of internal control operates to ensure that the assets of the Fund are properly controlled and safeguarded from losses arising from fraud, irregularity or corruption.
- Conduct follow-up on the previous audit findings, recommendations and action plans and submit report to Senior Auditor.
Reporting of Audit Results
- Draft audit findings substantiated by valid audit evidence, identify root causes and provide practical recommendations.
- Conduct exit meetings with auditee and prepare minutes of meetings.
- Build and maintain relationships with external auditors and all other relevant stakeholders.
- Ensure that RAF interests, values and ethics are upheld when dealing with stakeholders.
Qualifications and Experience
- Bachelor's Degree or Advanced Diploma @ NQF Level 7 in Auditing or related qualification.
- Registered with the Institute of Internal Auditors.
- CIA will be an added advantage.
- Relevant 4 years' experience in an Auditing environment.
- Experience in an auditing/ advisory firm with similar size to RAF will be advantageous.
Technical and Behavioral competencies required
- Organizational resilience.
- Team resilience.
- Personal mastery.
- Judgement and decision making.
- Emotional wisdom.
- Ethics and governance.
- Customer orientation and customer focus.
- Analytical skills.
- Project management and organizational skills.
- Communication skills (written and verbal).
- Microsoft office suite.
- Report writing and presentation skills.
- International Standards for the Professional Practice of Internal Auditing.
- Corporate Governance, Risk management and King III.
- Coso framework.
- Risk Enterprise Framework.
- Principles relating to PFMA, RAF Amendment Act.
Remuneration
Total cost to company applicable to this position is minimum R502 953.00 per annum, negotiable.
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".
Closing date: 28 April 2021
Applications can be forwarded to the Recruitment Officer at Eco Glades; email address is Patiencem.recruitment@raf.co.za OR hand delivered at 420 Witch-Hazel Avenue, Eco Glades 2, Centurion.
INSTRUCTION TO PROSPECTIVE APPLICANTS
- Indicate the name and the reference number for the position you are applying for on the subject line
- Do not submit copies of qualifications and ID as these will be requested from shortlisted candidates on the interview date
- Submit a short CV with a maximum of 5 pages
- Please indicate your current salary and salary expectations if considered for the position.
The Road Accident Fund subscribes to the principles of employment equity and preference will be given to groups who are underrepresented in terms of our Employment Equity Plan
NB:
- Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful
It is the applicants' responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.