The Community Schemes Ombud Service Act (Act 9 of 2011) was promulgated on 11 June 2011 and provides for the establishment of the Community Schemes Ombud Service (“CSOS”) as a public entity. The CSOS has been classified as a Schedule 3A Public Entity in terms of the Public Finance Management Act (Act No.1 of 1999) (PFMA).
Job location: Head Office
Reporting to the Chief Audit Executive, the incumbent will be responsible for the provision of oversight and for the management of internal audit reviews in the CSOS. The role is further responsible for managing the implementation of internal audit strategies and methodologies for CSOS. The role also focuses on establishing means to put priority on reviewing the reliability and integrity of financial and operational information, the safeguarding of assets, achievement of set objectives, to ensure compliance with applicable laws and policies, and how effectively and efficiently CSOS operations run. The incumbent will identify, analyse, conduct internal compliance, operational, financial audits and investigations; and develop action plans with the Departmental Heads in each division, to ensure that the CSOS obtains a clean audit.
• A 3-year Degree or diploma in Auditing, Accounting, Commerce or Equivalent.
• Postgraduate certification by professional institutes (CIA, CISA, CFE etc.) will be an added advantage.
• Professional Membership with IIA.
• A minimum of 7 years’ relevant working experience in Internal Auditing, 3 of which must be at supervisory level.
• Strong knowledge of leading risk and controls frameworks related to internal controls.
• Extensive knowledge and understanding of the International Standards for the Professional Practice of Internal Auditing.
• Knowledge and understanding of the Public Finance Management Act and Treasury Regulations.
Knowledge and understanding of the Risk Management Framework; and
• Knowledge and understanding of King IV and King Code.
Key Performance Areas:
• To implement the CSOS audit strategy in a manner that fulfils the mission and strategic goals.
• Complying with legislation and accreditation standards related to audit management.
• To manage the CSOS’ Audit projects to ensure that planning, execution and reporting of audits is implemented.
• Management of the annual internal audit plan.
• Preparation of the project plan for each audit area.
• Conduct Investigative audits as and when assigned.
• Constant liaison with Risk Management Unit on Fraud Risks.
• Conduct adequacy assessment of the risk strategies and report accordingly.
• Conduct normal operational; compliance and financial audits as per CSOS methodology.
• Develop the scope for audits and selection and development of appropriate audit approach.
• Conducting the preliminary survey.
• Develop audit programs necessary to promote effective audit coverage.
• Reporting on Audit Projects.
• Review working papers of the Auditors.
• Compile training program for Auditors.
• Assist the CAE with the monthly Exco and Quarterly Audit Committee Reports respectively; and
• Ensure adherence to all prescripts and departmental budget.
Enquiries: Mr. Minkateko Shipalane and Ms. Selloane Makau, tel. (010) 593-0533.
Background checks on the preferred candidates will be conducted prior to an appointment.
Applications, including a covering letter and accompanied by a CV and certified copies of qualifications, must be addressed to the Executive Manager: Corporate Affairs, Mr. Lesiba Seshoka and e-mailed to: email@example.com
CLOSING DATE: 14 December 2021
Applicants who do not receive any response within 4 weeks of the closing date must regard their applications as unsuccessful.
People with disabilities are encouraged to apply.