Audit Manager - Johannesburg, South Africa - Old Mutual

    Old Mutual
    Old Mutual Johannesburg, South Africa

    3 weeks ago

    Old Mutual background
    Full time
    Description

    Description

    The role has overall responsibility for the delivery of audits within the Old Mutual Insure Group portfolio. The role is responsible for the management of the audit teams (including people/service provider management) and delivery of the audit plan, including annual audit planning, updating the audit universe, execution of audits and preparation of audit reports. This role will support the Audit Lead/s in executing on audits and managing stakeholder relationships.

    Key Result Areas / Outputs

    Delivery of Services

  • Contribute to the development of the portfolio/s audit plan
  • Responsible for the update and maintenance of the audit universe and identification of emerging risks;
  • Understand the risk profile of the business in a broader context of the Group and industry;
  • Understand the regulatory environment and key legislation impacting the business
  • Execute and deliver the audit plan and management requests timeously;
  • Contribute towards and provide updates on the Combined Assurance Plans for the relevant portfolios;
  • Ensure audits are conducted as per the GIA Methodology and that the quality and performance standards are maintained at all times;
  • Timely delivery of impactful audit reports with well thought out management actions and due dates
  • The ability to work on multiple audit engagements
  • Facilitate the agreement of audit findings and ratings with the relevant stakeholders;
  • Analyse root causes of issues identified and make recommendations to management to improve the control environment accordingly as necessary;
  • Facilitate the integrated audit approach where necessary, such as use of IT and DAS; and
  • Timely execution of the issues assurance plan per portfolio and within quality standards.
  • Develop and maintain effective relationships with auditees;
  • Ensure open communication with other audit teams, especially for integrated audits; and
  • Support the Audit Lead/s in managing stakeholder engagement and relationships across the relevant portfolio/s.
  • Support the Audit Lead/s in managing functional resource planning and integration, including the use of specialist consultants;
  • Support the Audit Lead/s to manage the portfolio/s GIA stats process and monthly reporting process by engaging line 1 and line 2; and
  • Comply with IIA Code of Ethics and GIA Policies and Procedures.
  • Support the Audit Lead to manage the audit team.

    • Qualifications, Skills and Experience:

    Qualifications & Professional Affiliations

  • Relevant University Degree & Professional Qualification.
  • CA (SA), CIA, CFA would be advantageous.

    • Experience

  • Minimum of 7 years' experience in auditing
  • Strong background in the financial services / insurance industryKnowledge of the regulatory environment for the insurance industryKnowledge of the cell captive business in the insurance industry would be advantageous.Knowledge of trade credit insurance would be advantageous.
  • Minimum 3 to 5 years' experience in managing multiple teams and assignments
  • Experience of client relationship management at senior levels
  • Data Analytics experience would be advantageous

    • Core competencies:

  • Execution
  • Collaboration/Teamplayer
  • Customer First
  • Innovation (Perspective)
  • Personal Mastery (Learning)

    • Technical competencies:

  • High Level of Computer Literacy
  • Preferable Audit Software (e.g. TeamMate)
  • Internal Auditing Methodologies
  • Business Process Analysis
  • Risk Analysis & Control Assessment Techniques
  • Analytical Tools
  • Report writing
  • Professional Ethics
  • Strong Business Acumen
  • Internal Audit Management
  • Critical Thinking
  • Communication skills
  • Improvement and Innovation

    • Personal Effectiveness

  • Collaborates effectively with others to achieve personal results.
  • Accepts and lives the company values.
  • Accountable for service delivery through own efforts.
  • Individually accountable for managing own time, tasks, output quality and development
  • Makes increased contributions by broadening individual skills.

    • Skills

    Accountability, Audit Management, Business, Client Relations, Client Relationship Management, Code Of Ethical Conduct, Commercial Acumen, Communication, Core Competencies, Critical Thinking, Facilitation, Industry Knowledge, Innovation, Insurance Industry, Internal Auditing, People Management, Professional Ethics, Regulatory Environment, Relationship Management

    Education

    Bachelor of Commerce (BCom) (Required)

    Closing Date

    08 May 2024