Job Description

Workerslife Management Services is a wholly owned subsidiary of the Workerslife Group of Companies - An employment opportunity as a Head of Internal Audit currently exists within Workerslife Group.

1. PURPOSE OF THE JOB

To analyse and evaluate accounting documents, preparing reports that reflect the audit results and document the proposed process. These reports are often presented to key members of the company to ensure all staff members are working toward the same goals and complying with regulations.

Assist in the full audit cycle including:

Develop and implement yearly audit plan for assigned region Perform duties essential to attain internal audit goals coordinating with various regions. Develops and maintain professional and close relations with client and staff. Manage and perform internal audit projects, recording existing control environment over business risk. Analyse integrity and reliability financial information and means used for identifying measure, classifying and reporting information. Review and record activities and plans defined by management to resolve issues identified by audit findings. Examine records to assure compliance with applicable agreements, laws, and policies. Direct planning, organizing and monitoring of internal audit operations. Recommend methods to enhance and improve control procedures. Reporting the audit results to senior management, Audit Committees and / or Risk Committees.

2. MINIMUM REQUIREMENTS FOR THE POSITION

A Senior Certificate/Grade 12 CA (SA), MBA, CIA, Honours degree or other relevant tertiary qualification Specialization in risk management, insurance and accounting will be an advantage Must possess a CIA Certificate Completed SAICA articles at a South African auditing practice. Must have at least 3 years' experience working in the insurance industry and have 5 years in a managerial position Effective board level presentation skills Proven people management skills Knowledge of Acts, regulations, and standards applicable to insurance industry. Possession of RE5 will be advantageous.

3. COMPETENCIES

IFRS Accounting/Auditing Software System Computer literacy (MS Office Packages and Excel) Cycles (Revenue, Payroll, Procurement, etc.) Generic legislation Corporate Governance IIA Standards, Best practice Internal Control and Risk Management frameworks.

CONTENT OF THE JOB

Planning Audits:

Set the internal audit strategy and project plan and oversee the implementation Review the work of junior team members and ensure the audit work and audit outcome align to the scope and objectives of the audit engagement. Evaluate the adequacy and effectiveness and efficiency of key internal controls and operating processes on a continuous basis. Engages and influences business management to act on recommendations to strengthen the control environment and make process improvements.
Execution of Audits:

Design an audit program to test the controls Perform audits in accordance with IIA standards and other legislation relevant to the mandate of the Internal Audit Department Audit and/or review high risk areas and produce quality audit reports Communicate the results of internal audits to senior management Facilitate risk workshops Regulatory & Policy Compliance: Ensure that all AI activities comply with applicable laws, regulations, and internal policies. Annually review and update all IA (internal audit) policies and procedures in line with IIA standards, company strategy and compliance to all regulatory and legislative requirements.
Reporting:

Prepare and communicate final draft written reports, expressing opinions on the adequacy and effectiveness of the system of internal controls and efficiency with the activities carried out Draft final reports for management comments and action plans, Submit final draft reports to the Head of Internal Audit for review Discuss the final draft audit report with the senior management relevant to the audit work completed.
Follow up:

Conduct a follow-up of previous internal audit recommendations and action plans as committed to by senior management Prepare a final draft follow-up report for final review and signature of the Head of Internal Audit Workerslife is an authorised Financial Services Provider in terms of the FAIS Act.
Maintain Client Relationships and Communication:

Distribute and ensure the client completes the client satisfaction survey upon completion of each audit Conduct and facilitate meetings and sessions required for audit purposes
Assistance to Internal Audit Management:

Provide input into the updating of the following;

(a) Three (3) year rolling internal audit plan,

(b) Internal audit strategy

(c) Internal audit methodology where required.

(d) Draft the departmental budget for submission and approval

Supervise and coordinate staffing issues to ensure resources are effectively and efficiently employed to maximise performance output.

Closing date for applications is end of business 08 September 2025.

For further enquiries you may contact HR department at (012) 305 7400. For more information about Workerslife, please visit www.workerslife.co.za

Job Types: Full-time, Permanent

Work Location: In person