Senior Auditor: Group Internal Audit (Johannesburg)
Date: 25 Apr 2025
Location:
Johannesburg, Gauteng, ZA
Company: Sanlam Group
Who are we?
Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges.In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non-banking financial services footprint on the African continent.
The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives.The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Sustainability.
What will you do?- Define sample criteria / extract samples
- Perform control effectiveness reviews (CERs)
- Confirm effective working of internal controls by execution of audit programme
- Document audit work
- Draft/ update audit programme with changes
- Communicate audit observations (developing appropriate management comments and basic auditreporting)
- Perform control adequacy reviews (CARs)
- Obtain background information, define the business process and identify the objectives of the process
- Identify and score risks and identify risk mitigation strategies
- Assess level of residual risk and report on high levels of residual risks
- Communicate audit observations (developing appropriate management comments and basic auditreporting)
- Draft/ update audit programme with changes
- Assist Audit Specialist with the management of the execution of the control effectiveness reviews
- Identify key controls
- Create / update / finalise the audit programme to test the effectiveness of key controls
- Assemble and set-up the internal auditors
- Provide on-the-job supervision and transfer of knowledge
- Report control breakdowns / audit findings to appropriate levels of management
- Perform ad hoc management requests / projects
- Manage a team on individual audit assignment
- Transfer of knowledge to Auditors
- Client relationship management
- Assist with performing “on-the-job” quality assurance (including selected CER file and audit programmereview)
- Provide ad hoc assistance to Audit Specialists and Audit Management
- Ability to execute a CER and perform basic risk and control assessments
- Understand the role of control models
- Understand all IIA Standards and Implementation Guidance as it relates to audit assignment execution
- Understanding of sampling
- Ability to effectively use the basic functionality of the technology commonly used
- Understand the objectives and process flow of basic business processes
- Detailed knowledge on how to perform a CAR and how to draft an audit programme.
- Basic level of understanding of staff management practices
- A completed Bcom degree or equivalent degree in Financial Accounting or Management Accounting
- Minimum of 5 years auditing experience
- Completed SAICA articles will be advantageous
- Audit experience in the Financial Services sector will be advantageous
- Prepared to travel
- Valid driver’s license.
Knowledge and Skills
Conducts Internal AuditsReporting
Coaching and mentoring of junior auditors
Manages audit relationships with line management in regard to audit performance and determination of remedial action
Leading of employees
Personal Attributes
Plans and aligns - Contributing through othersDecision quality - Contributing through others
Business insight - Contributing through others
Manages complexity - Contributing through others
Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth.Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing through othersCustomer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
The closing date for applications is 07 May 2025.
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa.The Group's Employment Equity plan and targets will be considered as part of the selection process.