Internal Control Auditor at Transnet

Position Purpose:

• To provide support to the Senior Special Internal Controls and Reporting to assist in the improvement of the internal control environment in TPT with specific focus on coordination and execution of internal audits across the operational and financial areas of the business.
• Conduct the 2nd line adhoc assurance audit in line with TPT’s risk based approved annual combined assurance plan.

Position outputs:

• Execution and Reporting of the adhoc Internal Control Assurance reviews requested bymanagement to provide relevant assurance on controlcompliance and effectiveness. Reviews to be conducted in terms of International Internal Auditing standards and Transnet Internal Audit methodology.
• Internal control assurance plan that covers 2nd line assurance reviews and audits that will assist TPT to achieve strategic objectives, mitigate risks and provide assurance to stakeholders over the functioning of controls.
• To ensure that the internal control processes and control frameworks are updated as result of audits and reviews in line with the best practiceand ensure compliance with all relevant legislative framework e.g., COSO, IFRS, PFMA, King IV and corporate governance principles.
• Assist in preparation of monthly reports for TPT governance committees and Group Internal Control Steering
• Committee,on status of Internal Control assurance reviews and Follow Up Reviews.
• Loading of the audit findings on SAP GRC system and ITM management for purpose of tracking and monitoring the audit issues and ensurethat action plans are completed by process owners within the due date.
• To liaise with the Internal Control Analyst to incorporate Data Analytics into ad-hoc reviews to assess compliance to controls across TPT functional areas.
• GRC Competency: Responsible for ensuring the monthly authorisation violation reports are appropriately actioned and that all processes to prevent violations in future are followed.
• Perform follow-up reviews on internal and external audit findings – ensure effective and timeous resolution of audit issues across the TPT.

Qualifications & Experience:

Qualifications, Experience & Inherent Job Requirements:

• Degree in Accounting/Auditing or other relevant NQF 7 qualification.
• 5-7 years’ experience is in a financial compliance role is required, involved in conversion of risk and provide improved controls.
• CIA would be advantageous.
• Public sector experience would be preferred.
• Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment 19.

Competencies:

• Understanding Audit and assurances practices.
• Understanding of design of controls to mitigate risks.
• Professional Standards for the Practice of Auditing.
• Knowledge of Finance and Accounting systems and practices.
• King IV and corporate governance principles.
• Knowledge and interpretation of all relevant legislation, and regulations.