Description:
Key Responsibilities:Combined Assurance Ownership
Develop and Implement Combined Assurance Framework: Establish and maintain a comprehensive Combined Assurance framework that integrates assurance activities across multiple lines of defense, including Internal Audit, Risk Management, Compliance, and External Auditors. Align Assurance Activities: Coordinate and align assurance activities to minimize duplication, optimize resource utilization, and provide a unified perspective on control effectiveness. Stakeholder Collaboration: Facilitate effective collaboration and communication among all assurance providers, ensuring consistent risk assessments, reporting, and strategic insights. Comprehensive Assurance Plan: Develop and deliver an integrated assurance plan that aligns with the Groups strategic objectives, risk appetite, and regulatory requirements. Continuous Improvement and Innovation: Drive continuous improvement in assurance practices by leveraging advanced methodologies, data analytics, and technology-enabled tools. Reporting and Insights: Provide consolidated assurance reports to senior leadership and the Board Audit Committee, highlighting key risks, control deficiencies, and strategic recommendations. Entity Level Controls (ELC) Auditing
Lead ELC Audits: Plan, design, and lead audits of Entity Level Controls across the Group, ensuring they are designed and operating effectively to mitigate key risks and ensure the integrity of financial reporting. Audit Execution: Conduct thorough audits of ELCs to assess their effectiveness, design, and implementation, ensuring compliance with organizational policies, regulatory requirements, and best practices. Control Evaluation: Evaluate the effectiveness of ELCs in mitigating risks across financial, operational, and IT processes, ensuring alignment with overall control objectives. Risk Identification and Assessment: Identify and assess risks related to ELCs, ensuring that audits address critical areas and focus on emerging risks that could impact the Group. Continuous Monitoring: Implement continuous monitoring processes to assess the ongoing effectiveness of ELCs and identify areas for improvement or strengthening of controls. Audit Reporting: Provide clear, concise, and actionable audit findings and recommendations related to ELCs, ensuring they are communicated effectively to senior leadership, process owners, and the Board Audit Committee. Follow-Up and Remediation: Oversee the implementation of corrective actions for identified control deficiencies, ensuring timely remediation and effective risk mitigation. Tracking and Accountability: Develop tracking mechanisms for audit finding
23 Apr 2025;
from:
gumtree.co.za