Job Description
Job Details
To provide direct support to the IA Senior Manager in delivering the annual internal audit plan, promoting effective internal controls and risk management, providing guidance to the business on all aspects of internal audit, governance, risk management and business process improvements. To deliver high quality commercially focused audits that fulfil audit objectives, whilst managing clients’ expectations in line with Group methodology.
Develop a thorough understanding of the company’s operations in order to identify and monitor the key risks facing the Group.
Risk Management & Internal Controls
To recommend and promote practical and cost-effective actions for improving the effectiveness of the risk management process and internal control environment.
Evaluate the effectiveness and contribute to the improvement of risk management processes and evaluate the potential for the occurrence of fraud and manage fraud risk.
Follow up on previously reported issues to ensure that corrective action has been taken.
Support the IA Senior Manager and complete audit activity in accordance with the Group Audit methodology.
Make appropriate recommendations for improving the governance structures and processes.
>Regulatory Compliance & Reporting
Preparation and delivery of monthly and quarterly reporting.
Contribute to the preparation and coordination of Audit Committee packs as required.
Continually review and build awareness of legislation, standards, guidelines, control mechanisms and governance rules to maintain business compliance and reduce risk.
Ensuring that Internal Audit departmental reporting to all stakeholders (Senior Management and Board of Directors) is complete, accurate and timely.
Audit Execution & Closure
Ensure that key risks are identified and appropriate control design and operating effectiveness testing is developed and performed.
Carrying out detailed testing of the control environment.
Drafting and presenting reports on the results of audit testing.
Perform process walkthroughs and mapping of relevant business process to inform audit scoping, testing and conclusions.
Delivering scheduled assignments, at times individually and at times as part of a larger engagement team in accordance with the Internal Audit plan.
Presenting findings to local management and, where appropriate, recommending and influencing change to existing procedures.
Audit assignments are completed within scope and budget.
Maintain appropriate communication with the Senior Audit Manager throughout the audit process.
Provide management with valuable recommendations and insights to strengthen the control environment.
Assist with the audit issue closure process, effectively communicating to stakeholders.
Integrity, Ethics and Adaptability
Develop strong senior management and stakeholder relationships.
Willingness to respond and demonstrate personal flexibility.
Possess an adaptive skillset to conduct special investigations at short notice with independence, objectivity and credibility with Management.
Be task orientated and have the ability and mindset to quickly switch between tasks and audit engagements with ease and without jeopardising the delivery of the Internal Audit department objectives and deliverables.
Perform ad-hoc projects as directed by the IA Senior Manager.
PERSON SPECIFICATION
Obtained or training to obtain a professional qualification (ACA, ACCA, CIMA or CIIA).
Experience in executing risk-based assurance work.
Experience of managing stakeholder relationships.
Strong academics coupled with excellent communication and interpersonal skills.
Understanding and experience of internal control, risk management and governance theory, concepts and application.
Understanding of financial services is desirable but not essential.
SKILLS & EXPERIENCE
Excellent oral and written communication skills.
Strong attention to detail, with sound judgment.
Possess strong soft skills such as conflict resolution.
Ability to build rapport with all levels of management and staff.
Ability to contribute well to a team environment.
Strong analytical and problem-solving skills.
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