Provision of Internal Audit and Related Services (2026)
Job Details
- Project Title: Appointment of a Reputable Internal Audit Service Provider to Assist with the Provision of Internal Audit and Related Services
- Tender Number: CHIETA-IA 010-2026/2027-05
- Employer: Chemical Industries Education and Training Authority (CHIETA)
- Tender Type: Request for Proposal (RFP)
- Contract Duration: October 2026 to 31 March 2030
- Tender Category: Accounting Services, Internal Audit, Financial Services, Risk Management, Governance, Compliance Auditing, Information Technology Auditing, Consulting Services
- Project Location: Midrand
- Tender Closing Date: 21 July 2026 at 11:00
- Briefing Session: None
- Project Objective: To appoint a qualified internal audit service provider to strengthen CHIETA’s governance, risk management, internal control systems, and regulatory compliance throughout the duration of its SETA operating licence.
Job Description
The appointed Internal Audit Service Provider will deliver independent and objective internal audit and advisory services to CHIETA. The service provider will evaluate the effectiveness of governance, risk management, financial controls, operational processes, information systems, and regulatory compliance while providing recommendations for continuous improvement.
The provider will prepare and execute risk-based internal audit plans, conduct audits across all business units, report findings to management and the Audit and Risk Committee, and ensure compliance with the Institute of Internal Auditors (IIA) Standards, the Public Finance Management Act (PFMA), Treasury Regulations, and other applicable legislation.
Key Responsibilities
- Develop a comprehensive three-year internal audit strategy and annual audit plans.
- Conduct risk-based internal audits across all CHIETA operations.
- Evaluate governance structures and internal control systems.
- Assess enterprise risk management processes.
- Perform financial, operational, compliance, and information technology audits.
- Review the effectiveness of policies, procedures, and internal controls.
- Evaluate compliance with the PFMA, Treasury Regulations, and other legislative requirements.
- Identify business risks and recommend appropriate mitigation measures.
- Conduct investigations and special audits where required.
- Prepare detailed audit reports with findings and recommendations.
- Present audit reports to executive management and the Audit and Risk Committee.
- Monitor implementation of agreed corrective actions.
- Perform follow-up audits on previous findings.
- Maintain audit working papers and supporting documentation.
- Ensure audits comply with International Standards for the Professional Practice of Internal Auditing (IIA Standards).
- Develop audit methodologies and quality assurance procedures.
- Provide advisory services to improve governance and operational efficiency.
- Prepare resource plans, budgets, and engagement schedules.
- Liaise with internal and external stakeholders throughout the audit process.
- Ensure confidentiality, integrity, and independence in all audit engagements.
Requirements
Minimum Requirements
- Registered and reputable Internal Audit Service Provider.
- Demonstrated compliance with Institute of Internal Auditors (IIA) Standards.
- Engagement Director with:
- Minimum 5 years’ internal audit experience.
- Certified Internal Auditor (CIA) qualification.
- Minimum of three (3) reference letters from internal audit projects completed within the last five years.
- Demonstrated experience providing internal audit services in the public sector or similar organisations.
- Ability to achieve the minimum technical evaluation score of 80/100.
- Submission of all required tender documentation.
Technical Requirements
- Develop a three-year internal audit plan.
- Prepare annual risk-based audit plans.
- Perform governance, risk, financial, operational, compliance, and IT audits.
- Apply International Standards for the Professional Practice of Internal Auditing.
- Implement internal audit quality assurance and improvement programmes.
- Develop audit methodologies and working papers.
- Conduct internal control assessments.
- Evaluate enterprise risk management frameworks.
- Assess compliance with PFMA and Treasury Regulations.
- Provide audit reporting and recommendations.
- Prepare resource allocation and engagement plans.
- Maintain audit documentation and evidence.
- Perform follow-up audits and corrective action monitoring.
- Deliver value-added advisory services.
- Provide regular reports to management and the Audit and Risk Committee.
Skills and Competencies
- Internal auditing.
- Risk management.
- Corporate governance.
- Financial auditing.
- Operational auditing.
- Compliance auditing.
- Information Technology (IT) auditing.
- Internal control evaluation.
- Enterprise risk assessment.
- Audit planning and execution.
- Quality assurance.
- Report writing and presentation.
- Analytical and critical thinking.
- Investigation and problem-solving.
- Project management.
- Stakeholder engagement.
- Communication and interpersonal skills.
- Leadership and team management.
- Time management.
- Professional ethics and integrity.
Preferred Experience
- Internal audit services within government departments, public entities, or SETAs.
- Public sector governance and compliance audits.
- PFMA and Treasury Regulation compliance reviews.
- Enterprise risk management implementation.
- Information systems and IT audits.
- Internal audit outsourcing or co-sourcing engagements.
- Audit Committee reporting.
- Long-term internal audit service contracts.
- Strategic audit planning and governance advisory services.
- Quality assurance reviews aligned with IIA Standards.
Compliance Requirements
- Compliance with the Institute of Internal Auditors (IIA) Standards.
- Engagement Director must hold a valid Certified Internal Auditor (CIA) qualification.
- Demonstrated understanding of the Public Finance Management Act (PFMA) and Treasury Regulations.
- Establishment of an internal audit quality assurance function.
- Submission of at least three (3) recent client references.
- Development of a comprehensive three-year internal audit plan.
- Submission of a resource plan, team structure, methodology, and cost proposal.
- Achievement of the minimum technical evaluation score of 80/100.
- Compliance with all requirements contained in the tender documentation and CHIETA procurement policies.
- Delivery of independent, objective, and value-added internal audit services throughout the contract period (October 2026 – 31 March 2030).