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Head of Internal Audit

Salix Recruitment

Durban, KwaZulu-Natal

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Internal audit and risk roles in banking, government and listed companies. Most posts ask for a B.Com or equivalent, with CIA or CA(SA) for senior positions.

Job description

A leading and well-established short-term insurance group is seeking an experienced Head of Internal Audit Control Function to join its senior leadership team.

Join an established South African short-term insurer with a rich history, a strong transformation mandate and a genuinely people-focused culture. This is an opportunity to step into a high-impact control-function leadership role, with direct exposure to the Audit & Risk Committee and Exco, while shaping the organisation's approach to governance, risk and internal controls.

You'll have the autonomy to influence the internal audit strategy, lead a team and play a meaningful role in strengthening the organisation's governance and assurance framework, making this an ideal opportunity for an experienced Internal Audit professional looking to operate at Board and Executive level.

This is a permanent, Durban role with a hybrid working arrangement, offering 1 day working from home per week. The successful candidate will also be required to travel to Johannesburg as needed, given the Group’s national footprint and the role’s engagement with key stakeholders across the business.

The role is therefore best suited to someone who is KZN-based and comfortable with periodic travel to Johannesburg as part of their responsibilities.

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Duties:

  • Developing and implementing the Board-approved risk-based internal audit strategy and plan
  • Aligning audit coverage with the ERM framework, risk appetite and material risk exposures
  • Providing independent assurance over governance, risk management and internal controls
  • Providing regulatory and prudential compliance assurance
  • Escalating material governance or control failures to the relevant governance structures
  • Ensuring high-quality audit reporting with clear findings and actionable recommendations
  • Monitoring the remediation of audit findings
  • Working closely with Risk Management and Compliance to support a combined assurance model

Job Experience & Skills Required:

Qualifications:

  • Matric (Grade 12)
  • BCom Accounting
  • BCom Honours / CTA
  • CA(SA) / CIA

Experience:

  • 8–10 years' experience within Internal Audit and/or Risk Management
  • Proven experience within the insurance or financial services sector
  • Strong understanding of regulatory and prudential environments
  • Experience operating at a senior level and engaging with executive and governance structures

Skills & Competencies:

  • Strategic Internal Audit Leadership
  • Risk-Based Thinking
  • Governance & Regulatory Expertise
  • Insurance / Financial Services Acumen
  • Board & Audit Committee Engagement
  • Strong Independent Judgement
  • Executive Stakeholder Management
  • Ability to Challenge & Influence
  • Team Leadership
  • Strong Analytical & Reporting Capability

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

Found on LinkedIn · Posted 1 months ago · Last checked 3 weeks ago

Good to know

What does this internal audit job pay?

The salary is not listed on this internal audit role. Check the source listing or ask the employer when you apply.

Do I need experience for internal audit jobs in Durban?

This internal audit role may ask for some experience or a relevant qualification. Read the listing for the specifics before you apply.

How do I apply for this job?

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Found on LinkedIn · Posted 1 months ago

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