At BDO, we believe in investing in our people to help them grow, both professionally and personally. The foundation of our business is strong relationship, with colleagues, clients and other stakeholders and we work hard every day to make this a reality. Our commitment is to create unlimited growth by giving our people continuous opportunities and our client’s unparalleled support.
BDO South Africa has a vacancy for an Internal Audit Manager to join the Internal Audit department in the Cape Town office.
Job Title: Internal Audit Manager
Location: Cape Town, Western Cape, South Africa
Reference #: RAS_01
Contract Type: Permanent/Contract
Salary: Market Related
The Internal Audit Manager oversees and ensures that the project runs efficiently and profitably from inception to sign-off by managing all the relevant stakeholders in accordance with the Firm’s policies and procedures.
The Internal Audit Manager further supports the Engagement Partner with clients’ commercial management and business development initiatives.
KEY PERFORMANCE AREAS:
oAssist in generating new client leads by using different tools and platforms e.g. networking, client base analysis; diversifying from a current project
oAssist with new client research, presentation and pitch preparation
oParticipate in special assignment as and when required Finance
oManaging WIP and write offs
oTimeous and accurate billing of clients, using fee arrangement letters in liaison with the partner
oTimeous follow up on fee queries
oAssistance with Debtors when requested
oNegotiating budgets/fees and overuns for clients once fee base has been agreed with the partner
•Operations and Processes:
oPlanning Timeously host the pre-audit meeting and ensure that the planning meeting is set up
oEnsure that the audit planning is signed off before commencement of the audit
o Prepare detailed time budgets, allocating the audit work to specific audit team members
oCommunication of deadlines and budget to staff
oAssign staff to the audit engagement, determine the number of staff and the level of experience required, thereby ensuring that the project is adequately staffed
oLiaison with client and preparation of the schedule of audit requirements
oExecution Oversee and ensure that all the project activities comply with the firm’s policies and procedures
oPerform a review on all sections in the file
oOn larger assignments perform full entity general review of lower risk subsidiaries
oPerform function of principal client contact and take full responsibility for the client relationship management and ensure that all queries are solved timeously
oDecide on audit appropriateness of audit opinion by resolving issues which might impact on the audit opinion and ensuring that these are brought to the attention of the engagement partner and documentation thereof
oManage the project timelines and ensure that allocated resources are efficiently used (review timesheets to ascertain this and to also detect problem areas for individuals
oManage the client and ensure that the project is delivered within the scope agreed on
oReview the work-in-progress and discuss with Partner for action.
oPrepare the audit efficiency checklist
oUltimate responsibility for bringing audit to completion, sign-off and archiving in conjunction with the Engagement Partner
oEnsure that an appropriate audit report is drafted
oEnsure that matters for Partners attention and Overs/Unders schedules have been prepared and discussed with the Partner and that the Partner has signed off the schedule
oEnsure that the documents pertaining to audit finalisation / completion has been completed and reviewed (Overs/Unders, Management letter, Representation letter)
oEnsure that the post balance sheet events review work and the going concern review is completed up to the date of the signing of the audit report
oPrepare audit committee documents, attend and present at audit committees (with audit partner discussion)
oAttend and facilitate wrap-up meetings
oNegotiate overruns and budgets
oProvide low level tech support too team and department as a whole
oProvide adequate on the job training, counselling and evaluation
oBe responsible for staff movements on and off the job (approval of leave) and timeously communicate to all relevant parties.
oEnsure that the files for archiving are done
•People Development, Learning and Growth:
oRelationship building with the internal audit team and intern
oMentoring of internal audit team and interns when required
oAssist with recruitment and selection e.g. interviews, VAC work
oAppointing the right talent to build the internal audit team
oCommunication (Verbal and Written / Negotiation)
oPersonal Development (Emotional Intelligence / Continuous Development)
oRelationship Management (Building successful teams)
oGrowing the Business (Entrepreneurial spirit / Looking for Business)
oOutstanding Leadership Skills
oClient Focus (Planning, organising and control)
oFour year qualification in Internal Audit
oMinimum 5 to 8 years working experience of Internal Audit
o3 years’ trainee
o5-year supervisory level in Internal Auditing
oCOSO, IDEA, Pentana
The appointment will be made in terms of the Firm’s Employment Equity Policy.
Only short-listed candidates will be contacted.
Application Deadline: 15/07/2021