To manage and lead an effective, efficient, comprehensive, independent and objective internal audit services in respect of internal control systems, risk management, ethics and corporate governance, in accordance with the Treasury, PFMA, GAAP Accounting principles and International Standards for Professional Practice of Internal Auditing. The Chief Audit Executive has to provide reasonable assurance to Management and the Board that there are effective internal controls in place.
Strategic Support to the SACAA Director of Civil Aviation and Board
Provide support to the Director of Civil Aviation and SACAA Board in identifying Internal Audit Operations strategies required to establish and maintain an efficient and effective comprehensive Internal Audit Operations in line with the SACAA's mandate
Manage and ensure the development of the overall Internal Audit strategy and management philosophy for SACAA.
Translate the SACAA vision and strategic objectives into Internal Audit Operations imperatives and ensure integration with other CAA departments to effectively support the achievement of SACAA's strategic priorities.
Manage and ensure the development and implementation of an annual business plan in line with the PFMA and the Treasury Regulations, that will effectively meet both the short and long-term goals and strategy requirements of the organisation
Compile and manage Internal Audit Operations budget annually for approval by Exco and the Board in line with the PFMA and other appropriate legislative documentation.
Manage expenditure in line with approved parameters, and report variances as required in line with the PFMA and other appropriate legislative documentation.
Manage and ensure the implementation of Internal Audit operations development interventions aimed at institutionalising a high-performance culture and establishing a cohesive and positive working environment within SACAA to improve staff morale and increase productivity.
Mentor, coach and develop staff on an ongoing basis as required to ensure effective and efficient Internal Audit Operations.
Ensure employees are fully engaged to deliver the SACAA objectives.
Develop and Manage an Annual Internal Audit Plan & Operations
Manage the identification and evaluation of the organisation's risk areas and ensure these areas are covered in the annual audit plan.
Manage the performance of audit procedures, including the identifying and defining of audit risks & forensic audit, developing criteria, reviewing and analysing evidence, and documenting processes and procedures
Develop, manage and review the internal audit charter.
Report audit activities and findings on a quarterly basis to the Audit & Risk Committee and ensure that all findings and recommendations are implemented.
Review financial transactions in terms of GAAP accounting principles and IFRS international financial reporting standards, and report accordingly
Liaise with external auditors to reduce duplication of audit effort and to maintain a flow of communication regarding audit work.
Provide objective and independent assurance on internal controls to the Director of Civil Aviation and the Board of Directors through the Audit and Risk Committee
Assist the Board with the implementation of policies and strategies that are in line with all applicable laws and good corporate governance such as King III principles.
Communicate the results of audit and consulting projects in terms of risks assessments via written reports and oral presentations to management and the Board.
Advise the Board of the risks facing the organisation and non-compliance issues.
Evaluate risk identification, risk assessment and risk mitigation within SACAA and recommend possible improvement of deficiencies in the risk management system.
Perform relevant duties and functions as may reasonably be assigned by the Director of Civil Aviation from time to time .
NQF Level 7/ B Com with Accounting and Auditing Plus CIA qualification (Certified Internal Auditor)
Completed Articles or Clerkship with a Chartered Accounting firm an advantage
MBA or relevant postgraduate qualification
Managerial Capacity / Experience:5 Years
Financial management/auditing :10 Years