Manager, RAAS

Overview

This position is responsible for assisting the RAAS Head of Audit in properly managing the respective department so that (1) audit work fulfils the purposes and responsibilities established in the department; (2) resources are efficiently and effectively employed; and (3) audit work conforms to the IIA Framework of Professional Standards.

• To manage, supervise and/or perform independent reviews and evaluations of any and all operations and activities to assess:
  
  A) The reliability and integrity of internal controls over financial reporting, including authorization of transactions and safeguarding of assets.
  
  B) Compliance with policies, laws, and regulations which could have significant impact upon operations.
  
  C) The effectiveness and efficiency of operations.
• To ensure that the Risk Advisory & Assurance Services methodology and integral quality standards are adhered to for audit planning, fieldwork, and reporting, including
  
  A) Development or review of key audit documentation in Pentana.
  
  B) Work papers:
  Ensuring that working papers are comprehensive, that they appropriately document the level and extent of audit work performed and provide an adequate audit trail to support the reported findings.
  
  C) Status Reports:
  Keeping the Senior Manager / Director/ Audit Head aware of progress on audits and issues arising.
• To perform any other reasonable duties as and when required.
• To assist with the annual review of the design of the Sarbanes-Oxley 404 compliance program and validate management’s results related to their assessment of the effectiveness of internal controls over financial reporting.
• To review the adequacy of internal controls surrounding material incidents of improprieties or alleged improprieties as requested by the VP – Risk Advisory & Assurance Services.
• To assess and monitor (follow-up on) quarterly on management’s progress in implementing agreed upon opportunities.
• To establish and maintain effective business relationships with operating management and to project a positive and pro-active image of Risk Advisory & Assurance Services
• To undertake relevant training, networking and studies as required to ensure continuing professional development and adherence to IIA standards.

• Scope: This incumbent will need to conclude on audit work performed, including identifying risk mitigations and control enhancements. They also need to present effectively to all levels of management on issues identified, solutions discussed and actions to be taken. Challenges can include defensive management, therefore effective business relationships with management are key, while maintaining audit independence.
• Problem solving: Demonstrates strong analytical skills by independently reviewing and evaluating operations to identify gaps in internal controls, compliance issues, and inefficiencies. Applies professional judgment to assess complex risks and recommend practical, sustainable solutions that align with organizational objectives and regulatory requirements. Effectively manages challenges such as defensive management by maintaining audit independence while fostering constructive dialogue to resolve issues. Utilizes the IIA Framework and RAAS methodology to ensure audit work is thorough, accurate, and documented with a clear audit trail.
• Impact: Ensures reliability and integrity of financial reporting and internal controls, reducing risk exposure and safeguarding organizational assets. Drives compliance with laws, regulations, and corporate policies, minimizing potential legal and operational risks. Enhances operational efficiency through actionable recommendations and continuous monitoring of management’s progress on agreed improvements. Contributes to the success of Sarbanes-Oxley 404 compliance program, reinforcing trust in financial reporting and governance.
  
  Builds strong business relationships that promote a positive image of Risk Advisory & Assurance Services, increasing collaboration and organizational confidence in audit outcomes.
• Leadership: Provides guidance and supervision to audit teams, ensuring adherence to quality standards and methodology throughout…