Senior Internal Auditor - Financial Services

Placements24; Polokwane; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive remuneration package

Annual performance bonus

Comprehensive medical aid and pension

Generous annual leave

Support for professional development

Hybrid working arrangements

Modern office in Polokwane

Career advancement opportunities

Job summary

Placements24 is seeking a Senior Internal Auditor for a hybrid role based in Polokwane. The role involves planning and executing internal audits, evaluating internal controls and risk management, and advising on improvements to strengthen governance within the financial services sector.

You will collaborate with a professional team, mentor junior staff, and stay aligned with regulatory changes, enjoying a flexible hybrid setup and modern office facilities in Polokwane.

Qualifications

• Bachelor's degree in Accounting, Finance, Auditing, or a related field.
• Minimum of 4 years of experience in internal or external audit, preferably within financial services.
• Strong knowledge of auditing standards, risk assessment methodologies, and internal control frameworks (e.g., COSO).
• Familiarity with relevant financial services regulations (e.g., FSCA, SARB).
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in using audit management software and data analysis tools.
• Strong written and verbal communication skills.
• Ability to work independently and collaboratively in a hybrid work environment.

Responsibilities

• Plan and conduct comprehensive internal audits in accordance with the annual audit plan.
• Assess the adequacy and effectiveness of internal controls, risk management systems, and governance processes.
• Identify control weaknesses, operational inefficiencies, and instances of non-compliance.
• Develop practical and cost-effective recommendations for improving internal controls and business processes.
• Prepare clear, concise, and well-supported audit reports for management and the audit committee.
• Follow up on the implementation of audit recommendations to ensure timely closure.
• Engage with stakeholders at various levels to understand business operations and risks.
• Stay updated on relevant industry standards, best practices, and regulatory changes affecting internal audit.
• Assist external auditors as required.
• Mentor and guide junior audit staff as needed.

Skills

Analytical thinking

Problem solving

Communication skills

Audit software

Data analysis

Education

Bachelor's degree in Accounting, Finance, Auditing, or related field

Tools

Audit management software

Data analysis tools

Job description

About the Role

Our client, a respected financial institution operating in Polokwane, is seeking a diligent and experienced Senior Internal Auditor. This hybrid role allows for a blend of on-site engagement at our Polokwane offices and remote work, providing flexibility while ensuring essential collaboration. You will be instrumental in assessing the effectiveness of internal controls, risk management processes, and corporate governance throughout the organization. Your responsibilities will include planning and executing internal audits, identifying control deficiencies, recommending improvements, and ensuring compliance with regulatory requirements and internal policies. The ideal candidate possesses a strong understanding of auditing principles, financial processes, and relevant regulations within the financial services sector. As part of a professional team, you will contribute to strengthening the organization’s operational integrity and risk mitigation strategies within the Limpopo province.

Key Responsibilities

• Plan and conduct comprehensive internal audits in accordance with the annual audit plan.
• Assess the adequacy and effectiveness of internal controls, risk management systems, and governance processes.
• Identify control weaknesses, operational inefficiencies, and instances of non-compliance.
• Develop practical and cost-effective recommendations for improving internal controls and business processes.
• Prepare clear, concise, and well-supported audit reports for management and the audit committee.
• Follow up on the implementation of audit recommendations to ensure timely closure.
• Engage with stakeholders at various levels to understand business operations and risks.
• Stay updated on relevant industry standards, best practices, and regulatory changes affecting internal audit.
• Assist external auditors as required.
• Mentor and guide junior audit staff as needed.

Requirements

• Bachelor's degree in Accounting, Finance, Auditing, or a related field.
• Minimum of 4 years of experience in internal or external audit, preferably within financial services.
• Strong knowledge of auditing standards, risk assessment methodologies, and internal control frameworks (e.g., COSO).
• Familiarity with relevant financial services regulations (e.g., FSCA, SARB).
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in using audit management software and data analysis tools.
• Strong written and verbal communication skills.
• Ability to work independently and collaboratively in a hybrid work environment.
• High degree of professionalism, integrity, and attention to detail.
• Professional qualification such as CIA, CA(SA), or ACCA is highly desirable.

Benefits

• Competitive remuneration package.
• Annual performance bonus.
• Comprehensive medical aid and retirement fund.
• Generous annual leave allowance.
• Support for professional certifications and continuing professional development.
• Exposure to diverse business operations and senior management.
• A collaborative and supportive team environment.
• Flexible hybrid working arrangements.
• Modern office facilities in Polokwane.
• Opportunities for career advancement.