With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
Perform management assurance reviews by compiling a universe for the related business unit review, perform process descriptions and confirm processes, identify areas of risk, identify controls, evaluate the adequacy of controls, perform effectiveness testing on adequate controls
Job Description
Education and Experience Required
- B-degree in (Accounting/Auditing) (NQF level 6) Degree or relevant B Tech.
- 5+ years experience in internal/external audit or commensurate experience in a major financial institution or Big 4.
- Financial experience gained either through auditing or in line management.
- Relevant industry qualification (e.g. SA Institute of Bankers / Institute of Internal Auditors)
- Direct practical experience in Assurance activities.
- Internal Audit experience.
- Proven ability to multi task in order to run multiple assignments simultaneously.
- Audit experience
- Risk management experience
- Operational process design and assessment skills
- Perform management assurance reviews by compiling a universe for the related business unit review, perform process descriptions and confirm processes, identify areas of risk, identify controls, evaluate the adequacy of controls, perform effectiveness testing on adequate controls.
- Compile and complete accurate working papers and obtain approval from Assurance Manager.
- Provide accurate feedback to Business Unit Management regarding control failures identified on a continuous basis, by means of verbal communication.
- Communicate all control weaknesses continuously to Business Unit Management in writing after a quality review has been performed by the Assurance Manager on the work papers.
- Perform reviews within allocated timelines.
- Obtain agreement and buy in from business regarding control weaknesses and remedial actions identified during the management assurance assignment, by holding a formal meeting where consensus is reached with stakeholders and the process regarding disagreement with MA findings, ratings or content of the report is enforced.
- Report weaknesses identified during Management Assurance reviews to the relevant Business Unit Management by compiling a draft management assurance report which will include an executive summary and conclusion of high quality, and obtain remedial action and appropriate milestone and due dates to ensure identified risks are timeously and effectively mitigated.
- Provide Business with an objective, clear, concise and value added assurance service by compiling a high quality assurance Draft report and Final Report.
- Finalise the Final report and provide to the Assurance Manager for final approval and distribution to business.
- Apply effective time management by completing assurance assignments within the specified timelines as per the Planning Memorandum or Notice of Commencement issued to business
- Maintain and monitor a high standard of quality of work performed by all consultants during the assignment.
- Contribute towards the operational efficiency of the department by timeously completing the required administrative activities related to finance (e.g. travel bookings), compulsory training and Absa policies.
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
