INTERNAL AND EXTERNAL VACANCY: SENIOR INTERNAL AUDITOR (AFS REVIEW): FIVE YEAR FIXED TERM

CEF SOC

CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

JOB PURPOSE:

To plan, execute, and report on complex internal audit engagements across the group to evaluate the adequacy and effectiveness of governance, risk management, and control processes.

REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree (NQF 7) in Accounting/Auditing/Risk Management or equivalent.
• Minimum 5 years’ experience as an internal auditor.
• Relevant certification required.
• Member of the IIASA.
• Honours degree (NQF 8) in Accounting/Auditing/Risk Management or equivalent will serve as an added advantage.

DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Basic knowledge of auditing standards, policies, procedures and frameworks
• Basic knowledge of PFMA, Treasury Regulations, King IV, and applicable legislation
• Advanced knowledge of relevant business practice or area to be audited
• Good time management and project management skills
• Good communication and reporting skills
• Proficient in Team-Mate system
• Good analytical thinking and interpersonal skills
• Attentive to detail, good planning and organizing skills
• Highly assertive, ethical, objective, meticulous and goal-orientated
• Good data analysis and investigative skills
• Highly independent and a factual decision maker

KEY PERFORMANCE INDICATORS:

Audit Planning

• Participate in the preparation of the annual Internal Audit Plan
• Prepare individual audit plans on receipt of audit allocations from the Manager
• Draft audit objectives, scope, background and period of execution
• Prepare planning memorandum
• Communicate in advance to management that the audit will be taking place and participate in meetings with management to outline the scope of the audit
• Develop an internal audit programme aligned to the scope agreed to with management

Audit execution

• Prepare audit working papers based on audit programme
• Request information from management to execute the audit
• Gather appropriate evidence to substantiate audit findings
• Draft audit findings and submit to Manager for review
• Monitor the delivery of the audit in accordance with the time budget and communicate any audit overruns to the Manager
• Engage with management throughout the audit
• Recommend corrective action and process and internal control improvements
• Conduct the audit in accordance with the IIA standards and Internal Audit Plan
• Exercise a significant level of responsibility for the provision of accurate, professional and timely audit related services within CEF Group, including internal audit, risk and compliance management, internal control frameworks, systems and processes and business continuity management.
• Provide expert advice, support and recommendations to management and staff on a range of complex internal audit, compliance, audit and risk management matters, in accordance with established government policies and procedures, legislative requirements and professional standards.
• Significantly contribute to the establishment, delivery and maintenance of an efficient and effective risk management and compliance framework and related policies, practices and processes consistent with government legislation, regulations and relevant professional standards.
• Undertake complex project work including initiating, planning, implementation and evaluation of internal audit, compliance and risk management functions and processes to improve their efficiency.
• Contribute to the achievement of CEF Group objectives, goals and priorities, through the application of specialist compliance related knowledge, expertise and experience.
• Liaise and consult with internal and external parties to contribute to the on-going development and improvement of corporate compliance and risk management services.

Audit reporting and follow-up

• Prepare reports to document audit findings and submit to the manager for review and Chief Internal Auditor for approval
• Provide feedback to process owners on outcome of audit
• Follow-up on the implementation of the previous year’s findings raised
• Input into monthly and quarterly audit reporting

Audit investigations

• Conduct investigations on special requests received from managements as allocated by the Chief Internal Auditor and submit findings to the relevant stakeholders
• Conduct investigations in accordance with company procedures, policies and applicable legislation
• Conduct investigations within the allocated timeframe

Quality Assurance and methodology compliance

• Apply International Standards for the Professional Practice of Internal Auditing (IPPF)

Annual Financial Statements Review

• Perform the substantive test of detail on the financial statement level as part of the coordinated effort with AGSA or external service provider.
• Report the findings to the Gorup Internal Audit Manager for review
• Develop the follow up plan to continuously monitor the implementation before the financial year end.
• Advise the auditee on recognition and the accounting treatment of transition when necessary.
• Perform the Interim and Annual financial statement review before submitted to AGSA for audit purposes.
• Assure the user that the finding identified were addressed before the report submitted to AGSA
• Assess and Provide assurance on the compliance to the Applicable accounting standards and report non-compliance
• Performance the follow up on the previous year audit findings raised and frequently communicate with management on implementation.
• Prepare the audit follow up report on audit findings raised and submission to the Audit committee on quarterly basis.
• Liaise with risk management regarding the changes on controls for the components being audited and align on the current risk exposure.
• Collaborate the work with other assurance providers as part of the combined assurance.
• Collaborate with Risk management unit
• Provide the combined assurance training to management to ensure the effectiveness of the combined assurance.

Stakeholder engagement

• Liaise with management across business units, providing support and advice on control issues
• Support the Audit Committee through accurate and timely reporting
• Maintain professional relationships with assurance providers (e.g., AGSA, external auditors)

Publish date:   18 August 2025

Closing Date:  27 August 2025

NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right not to fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.

INTERNAL AND EXTERNAL VACANCY: SENIOR INTERNAL AUDITOR (QUALITY ASSURANCE): FIVE-YEAR FIXED TERM

CEF SOC

CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

 JOB PURPOSE:

To plan, execute, and report on complex internal audit engagements across the group to evaluate the adequacy and effectiveness of governance, risk management, and control processes.

 REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree (NQF 7) in Accounting/Auditing/Risk Management or equivalent. 
• Minimum 5 years’ experience as an internal auditor.
• Relevant certification required.
• Member of the IIASA.
• Honour's Degree (NQF 8) in Accounting/Auditing/Risk Management or equivalent will serve as an added advantage.  

DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Basic knowledge of auditing standards, policies, procedures and frameworks
• Basic knowledge of PFMA, Treasury Regulations, King IV, and applicable legislation
• Advanced knowledge of relevant business practice or area to be audited
• Good time management and project management skills
• Good communication and reporting skills
• Proficient in Team-Mate system
• Good analytical thinking and interpersonal skills
• Attentive to detail, good planning and organizing skills
• Highly assertive, ethical, objective, meticulous and goal-orientated
• Good data analysis and investigative skills
• Highly independent and a factual decision maker

KEY PERFORMANCE INDICATORS:

Audit Planning

• Participate in the preparation of the annual Internal Audit Plan
• Prepare individual audit plans on receipt of audit allocations from the Manager
• Draft audit objectives, scope, background and period of execution
• Prepare planning memorandum
• Communicate in advance to management that the audit will be taking place and participate in meetings with management to outline the scope of the audit
• Develop an internal audit programme aligned to the scope agreed to with management

Audit execution

• Prepare audit working papers based on audit programme
• Request information from management to execute the audit
• Gather appropriate evidence to substantiate audit findings
• Draft audit findings and submit to Manager for review
• Monitor the delivery of the audit in accordance with the time budget and communicate any audit overruns to the Manager
• Engage with management throughout the audit
• Recommend corrective action and process and internal control improvements
• Conduct the audit in accordance with the IIA standards and Internal Audit Plan
• Exercise a significant level of responsibility for the provision of accurate, professional and timely audit related services within CEF Group, including internal audit, risk and compliance management, internal control frameworks, systems and processes and business continuity management.
• Provide expert advice, support and recommendations to management and staff on a range of complex internal audit, compliance, audit and risk management matters, in accordance with established government policies and procedures, legislative requirements and professional standards.
• Significantly contribute to the establishment, delivery and maintenance of an efficient and effective risk management and compliance framework and related policies, practices and processes consistent with government legislation, regulations and relevant professional standards.
• Undertake complex project work including initiating, planning, implementation and evaluation of internal audit, compliance and risk management functions and processes to improve their efficiency.
• Contribute to the achievement of CEF Group objectives, goals and priorities, through the application of specialist compliance related knowledge, expertise and experience.
• Liaise and consult with internal and external parties to contribute to the on-going development and improvement of corporate compliance and risk management services.

Audit reporting and follow-up

• Prepare reports to document audit findings and submit to the manager for review and Chief Internal Auditor for approval
• Provide feedback to process owners on outcome of audit
• Follow-up on the implementation of the previous year’s findings raised
• Input into monthly and quarterly audit reporting

Audit investigations

• Conduct investigations on special requests received from managements as allocated by the Chief Internal Auditor and submit findings to the relevant stakeholders
• Conduct investigations in accordance with company procedures, policies and applicable legislation
• Conduct investigations within the allocated timeframe

Quality Assurance and methodology compliance

• Apply International Standards for the Professional Practice of Internal Auditing (IPPF)
• Plan to address the Internal Audit area for improvement
• Perform the periodic review of the IA file
• Coordinate the External quality assurance review in consultation with the Group IA Manager on behalf of the Group CAE.
• Develop the quality assurance and improvement programme for approval by the GCAE.
• Assist the CAE to communicate the results of Internal and external quality review to the board whether the IA function is complying or not
• Address the gap analysis to ensure improvement of the IA processes and Operations
• Ensure audits are conducted in line with internal methodology and quality standards
• Participate in internal and external quality assurance reviews
• Identify process improvement opportunities during audits and participate in internal training and knowledge sharing
• Champion the quality assurance and improvement programme
• Assist in selling the Internal Audit function to the stakeholder so that they understand how IA can add value across the group
• Facilitate the rolling out of IA methodology to the stakeholder
• Facilitate the induction on IA function to the new employee when necessary.

Stakeholder engagement

• Liaise with management across business units, providing support and advice on control issues
• Support the Audit Committee through accurate and timely reporting
• Maintain professional relationships with assurance providers (e.g., AGSA, external auditors)

Publish date: 18 August 2025

Closing Date: 27 August 2025

NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right not to fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.

INTERNAL AND EXTERNAL VACANCY: SENIOR INTERNAL AUDITOR (PERFORMANCE AUDIT AND AOPO): FIVE-YEAR FIXED TERM

CEF SOC

CEF is a Schedule 2 state owned diversified energy company reporting to the Department of Mineral & Petroleum Resources. The Mandate of CEF is to contribute to the security of energy supply of South Africa and the Region through exploration, acquisition, development, marketing and strategic partnership. It is derived from the CEF Act (No 38 of 1977) and the Ministerial directives issued thereafter.

 JOB PURPOSE:

To plan, execute, and report on complex internal audit engagements across the group to evaluate the adequacy and effectiveness of governance, risk management, and control processes.

 REQUIRED MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree (NQF 7) in Accounting/Auditing/Risk Management or equivalent.
• Minimum 5 years’ experience as an internal auditor.
• Relevant certification required.
• Member of the IIASA.
• Honours' Degree (NQF 8) in Accounting/Auditing/Risk Management or equivalent will serve as an added advantage.

 DESIRED ADDITIONAL SKILLS/ COMPETENCIES:

• Basic knowledge of auditing standards, policies, procedures and frameworks
• Basic knowledge of PFMA, Treasury Regulations, King IV, and applicable legislation
• Advanced knowledge of relevant business practice or area to be audited
• Basic understanding of the audit of predetermined objectives and performance audit process
• Good time management and project management skills
• Good communication and reporting skills
• Proficient in Team-Mate system
• Good analytical thinking and interpersonal skills
• Attentive to detail
• Good planning and organizing skills
• Highly assertive, ethical, objective, meticulous and goal-orientated
• Good data analysis and investigative skills
• Highly independent
• A factual decision maker

KEY PERFORMANCE INDICATORS:

Audit Planning

• Participate in the preparation of the annual Internal Audit Plan
• Prepare individual audit plans on receipt of audit allocations from the Manager
• Draft audit objectives, scope, background and period of execution
• Prepare planning memorandum
• Communicate in advance to management that the audit will be taking place and participate in meetings with management to outline the scope of the audit
• Develop an internal audit programme aligned to the scope agreed to with management

Audit execution

• Prepare audit working papers based on audit programme
• Request information from management to execute the audit
• Gather appropriate evidence to substantiate audit findings
• Draft audit findings and submit to Manager for review
• Monitor the delivery of the audit in accordance with the time budget and communicate any audit overruns to the Manager
• Engage with management throughout the audit
• Recommend corrective action and process and internal control improvements
• Conduct the audit in accordance with the IIA standards and Internal Audit Plan
• Exercise a significant level of responsibility for the provision of accurate, professional and timely audit related services within CEF Group, including internal audit, risk and compliance management, internal control frameworks, systems and processes and business continuity management.
• Provide expert advice, support and recommendations to management and staff on a range of complex internal audit, compliance, audit and risk management matters, in accordance with established government policies and procedures, legislative requirements and professional standards.
• Significantly contribute to the establishment, delivery and maintenance of an efficient and effective risk management and compliance framework and related policies, practices and processes consistent with government legislation, regulations and relevant professional standards.
• Undertake complex project work including initiating, planning, implementation and evaluation of internal audit, compliance and risk management functions and processes to improve their efficiency.
• Contribute to the achievement of CEF Group objectives, goals and priorities, through the application of specialist compliance related knowledge, expertise and experience.
• Liaise and consult with internal and external parties to contribute to the on-going development and improvement of corporate compliance and risk management services.

Audit reporting and follow-up

• Prepare reports to document audit findings and submit to the manager for review and Chief Internal Auditor for approval
• Provide feedback to process owners on outcome of audit
• Follow-up on the implementation of the previous year’s findings raised
• Input into monthly and quarterly audit reporting

Audit investigations

• Conduct investigations on special requests received from managements as allocated by the Chief Internal Auditor and submit findings to the relevant stakeholders
• Conduct investigations in accordance with company procedures, policies and applicable legislation
• Conduct investigations within the allocated timeframe

Quality Assurance and methodology compliance

• Apply International Standards for the Professional Practice of Internal Auditing (IPPF)

Audit of performance information

• Perform the audits in line with the Audit criteria for assessing the AOPO
• Provide Assurance on usefulness and the reliability of the performance reported
• Provide assurance on whether the performance presented comply with legislative requirements
• Play the consultive role in the development of the KPI and targets on the corporate plan
• Review the corporate plan before submitted to the shareholder
• Perform the audit of the predetermined objectives before the quarterly reports are submitted to the shareholder
• Provide assurance on whether the Objectives, indicators and targets are consistent between planning and reporting of the predetermined objectives.
• Assist to conduct the performance audits on projects and other components before the tender is awarded for improvements purposes.
• Provide Assurance on whether goods and services were procured economically, resource were utilised efficiently and effectively and report accordingly when necessary

Stakeholder engagement

• Liaise with management across business units, providing support and advice on control issues
• Support the Audit Committee through accurate and timely reporting
• Maintain professional relationships with assurance providers (e.g., AGSA, external auditors)

Publish date:   18 August 2025

Closing Date:  27 August 2025

NOTE: The successful candidate/s for the advertised position/s will be required to undergo personnel suitability checks, which includes, criminal records, citizenship, financial checks, qualifications and previous employment (Reference checks). It is the responsibility of the applicant to make sure that foreign qualifications are evaluated by the South African Qualifications Authority and the evaluation certificate is attached to the application on submission. If you do not hear from the CEF SOC three months after the closing date of the advertisement, consider your application unsuccessful.  CEF SOC reserves the right not to fill this position. CEF SOC is an equal employment opportunity and affirmative action employer, and it is committed to the achievement and maintenance of diversity and equity in employment, especially in respect of race, gender and disability. This position will be filled in accordance with the CEF SOC Employment Equity Plan.