Integrated Assurance Officer - Haartebeespoort

Integrated Assurance Officer:

KEY PERFORMANCE AREAS

1. Risk Management

• Understand and analyse the potential threats, opportunities, actions or events that will adversely affect the groups’ ability to achieve its objectives.
• Set the vision for the Group Risk Management function, working in conjunction with all the Executive Management across the Group.
• Oversee the development and maintenance of the Group’s Risk Management Framework.
• Communicate the Group Risk Management framework to all stakeholders and strategically manage the implementation thereof.
• Drive Risk Management to higher levels of maturity in the Group.
• Strategically manage the risk identification, assessment and development of response strategies including Project Risk Management.
• Report risk intelligence to the Group Chief Executive Officer (GCEO) / Board, Executive Management Team and to the Board Audit and Risk Committee.
• Ensure that risk in the Group is kept within the risk appetite set by the Board.
• Oversee the development and maintenance of the strategic risks register, operational risks register and project risk register for the Divisions by the Executive Management
• Strategically manage the Combined Assurance Implementation for the Group.
• Strategically manage Business Continuity Management (BCM) inclusive of the Disaster

Recovery plan.

• Strategically manage the development and maintenance of Group’ Anti-Fraud and

Corruption Strategy.

• Strategically manage the development and maintenance of the Group Compliance

Management Strategy.

2. Audit

• Lead the strategic alignment of the Group’s Audit function in achieving its strategic objectives in compliance with the Public Finance Management Act (PFMA), New Companies Act, SARS Act, the Nuclear Energy Act, King Ill report on corporate governance, and other statutory and regulatory requirements.

• Ensure compliance of Internal Audit with the Code of Conduct of the Institute of Internal Auditors and with regulations and requirements of the International Standards for the Professional Practice of Internal Auditing to ensure the provisioning of effective and quality internal auditing services to the Group.

• Strategically manage the development, implementation and maintenance of the Group''s Internal Audit Charter, methodology, policies, processes and procedures as well as the annual and 3-year plan as approved by the Audit and Risk Committee.

• Ensure the auditing of performance, predetermined objectives, systems (Financial and HR), compliance and Information Technology (IT) on an annual basis.

• Report audit activities and findings on a quarterly basis to the Audit & Risk Committee, and ensure that all findings and recommendations are followed up and implemented.

• Strategically manage and ensure risk identification, risk assessment and risk mitigation within the Group.

• Strategically manage and ensure the review financial transactions in terms of GAAP accounting principles and FRS international financial reporting standards.

3. Cost Management

• Compile the Audit and Risk budget for approval by the Group Chief Executive Officer and manage expenditure in line with approved parameters.

4. People Management

• Strategically manage the performance of individual staff members according to approved KPA''s and with due consideration of qualitative measures.

JOB REQUIREMENTS:

Key Knowledge and skills:

• Knowledge of relevant statutory and regulatory requirements, i.e. PFMA and Treasury Regulations, Companies Act, SARS, Nuclear Energy Act, and other relevant regulations
• Good understanding / knowledge of governance practices, internal control systems and ability to monitor Audit and Risk management activities / programmes (and implementation thereof).

• Knowledge of corporate governance requirements.
• Internal audit and assurance practices
• Enterprise risk management concepts, frameworks and methodology.
• Public sector risk management framework.
• Knowledge of King Ill, IFRS financial principles and reporting requirements.
• In-depth understanding of risk management, corporate governance, ethics and performance management principles.
• Knowledge of International Standards of the Professional Practice of Internal Auditing, Risk and the Code of Ethics developed by the Institute of Internal Auditors (IIA).

Competencies

• Strategic Thinking
• Institutional Statutes
• Resilience & Stress Management
• Assertiveness
• Relationship Building
• Problem Solving
• Judgement & Decision Making
• Trust & Credibility
• Communication
• Anticipating & Managing Change

MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Honours Degree in Audit or Risk Management or equivalent. (NQF level 8)
• Post Graduate qualification in Leadership.
• Minimum of 15 years’ experience in a multi-disciplinary audit and risk environment, which must include 5 years’ experience in an Executive Management role
• Proven track record of experience on Executive Management level in an Audit and Risk environment.

Salary: R1.2 mill pa.

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