Internal Auditor Job in Randburg
Job Description
Internal Auditor Job. An Internal Auditor plays a pivotal role within an organization, tasked with evaluating and enhancing the effectiveness of internal controls, risk management processes, and governance systems. They conduct independent and objective assessments to ensure compliance with established policies, procedures, and regulatory requirements. Through meticulous analysis and auditing procedures, Internal Auditors provide valuable insights and recommendations to management, helping to safeguard assets, mitigate risks, and improve operational efficiency. With a keen eye for detail and a thorough understanding of auditing principles, Internal Auditors contribute to the overall integrity and transparency of the organization’s financial and operational activities.
Responsibilities of Internal Auditor Job
- Obtain a good understanding of the control environment being audited (including information technology, internal financial control, and risk management-related aspects), and the interdependencies linked to this.
- Plan audit assignments based on key process and business risks identified and design the audit program in line with risks and key controls to be tested.
- Incorporate data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork.
- Execute audit field work in compliance with quality standards by following and completing prepared work programs. Assess the adequacy and effectiveness of governance, risk management practices, and internal controls.
- Provide clear and sufficient audit evidence to support recommendations and audit opinion.
- Express an opinion based on the results of the work performed.
- Identify opportunities to improve internal controls, including internal financial controls.
- Identify and clearly articulate the root cause of issues identified and the impact thereof and recommend changes to business processes that will address the control weaknesses.
- Prepare a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed, with minimal editorial changes.
- Incorporate fundamental principles, key issues and control themes emanating from other functional areas and assurance providers to ensure relevant & appropriate audit findings.
Requirements
- Qualified CA(SA) or Bachelor’s degree or equivalent qualification.
- At least 3 years of experience in internal or external audit preferred.
- Articles and professional certifications will be advantageous.
- Experience in banking and financial services environment will be an advantage.
Skills
- Strong analytical and critical thinking abilities.
- Excellent attention to detail and accuracy.
- Proficiency in auditing techniques and methodologies.
- Understanding of internal control frameworks and risk management principles.
- Knowledge of relevant regulations and compliance standards (e.g., SOX, COSO).
- Ability to communicate effectively, both orally and in writing.
- Strong interpersonal skills and ability to collaborate with diverse teams.
- Integrity and ethical conduct in handling sensitive information.
- Proficiency in using auditing software and tools (e.g., ACL, IDEA).
- Ability to prioritize tasks and manage time effectively.
- Adaptability and willingness to learn new concepts and regulations.
- Problem-solving skills and ability to identify issues and recommend solutions.
