Internal Auditor

Job PurposeResponsible for monitoring and evaluating the management of risks and controls of internal business processes. Consults the business on the improvement of systems and processes.Key Duties and ResponsibilitiesRisk management & Internal ControlAbility to identify and evaluate Business Risks, design, and implement appropriate risk-mitigation plan. Ability to design, implement and review controls to ensure compliance with external regulations/internal policies, reliability of financial information, and security of assets, whilst maintaining business efficiencyPerforms operational audits, recommends corrective actions, and convinces internal stakeholders of the legitimacy of his/her recommendationsIdentifies Best Practices during the audit phaseIdentifies accounting process inefficiencies and suggests improvementsIdentifies shortcomings in business and makes recommendationsParticipate in the annual internal audit planning processUnderstands the key concepts of risk management (identification, assessment including frameworks, mitigation)Identifies basic business risksIdentifies inconsistency in basic internal controls (e.g.: accountability)Understands the internal systems and processesUnderstands and applies internal control procedures and basic control processes (e.g.: reconciliation, segregation of tasks) in his/her scopeContributes to the design of the risk mappingParticipates to risks analysis and makes recommendations for corrective actionsIdentifies root cause of internal control deficiencies and makes recommendations accordinglyEnsures the implementation of corrective action plans related to risk managementIdentifies and qualifies complex or inter-related business risks and recommend corrective action plansDefines acceptable risk level, balancing between risk mitigation and business objectives in the context of the overall strategyProcesses & Information SystemsAbility to proactively support the implementation and utilization of business processes and related information systems, to drive change, improve business efficiency and support decision makingUnderstands and uses properly the standard functionalities of systems required in his/her working areaUnderstands and complies with processes and workflows of his/her working areaIdentifies inefficiency and inconsistency in processes and systems and informs relevant parties (line managers, key users, IT department)Masters advanced functionalities of systems and understands their capabilities & interactionsAnalyses systems, workflows and processes current capabilities and identifies opportunities for their improvement (speed and quality)Explains and trains colleagues on how to use systems and follow processesNetworks with co-users of systems and processes in order to identify and share best practicesLegal for FinanceAbility to understand legal matters (contracts, intellectual properties) to analyze and consider their financial and operational impactsHas a basic understanding of relevant laws and regulations within the scope of his/her roleIdentifies legal issues and escalates as required to relevant expertsInforms / explains to other parties related issuesBusiness AcumenAbility to view and understand the business from a holistic perspectiveDemonstrates general awareness of the Business EnvironmentUnderstands the key drivers and challenges of the companyHas a basic knowledge of local organizational structures and functionsProject ManagementAbility to plan, monitor and deliver projects in line with objectivesAssists a project manager with project management basics (task list, meetings, write wrap-up report );Coordinates information flows between project participants in a few departments;Reports project progress with accuracyUnderstands what is at stake in the project (risks and opportunities).Relationship Building & CommunicationAbility to build, nurture and leverage quality and trusting relationshipAbility to communicate effectively with internal and external stakeholders at all levels of the organizationInitiates and/or improves positive working relationships and interactions within the teamListens actively to other peoples viewsCommunicates clearly both written and verbally, adapting the messages to the audienceBuilds trusting relationships by acting with integrityProactively communicates across departments in order to improve cooperationConsiders other peoples perspectives, in order to build trusting relationshipsBuilds quality relationships, understanding organization and individual issues, through strong interpersonal skillsIdentifies potential conflicts and escalates them to the appropriate levelIs comfortable dealing with people at all levels of the organizationKey Competencies and ExperienceKnowledge, Skills and Attributes: Functional and Technical Competencies:Teamwork, Influencing Skills, Problem Solving, Planning & Organizing, Quality Orientation, Stress Management, AdaptabilityQualifications and Experience:BCom Finance. years experience in auditingJob Posting End Date:-04-15-07:00Target Hire Date:-06-01-07:00Target End Date:
Johannesburg, GT, ZA