Internal Auditor - Support Audit

Job Purpose:

Conduct assigned audits as per the annual audit plan and the IIA Standards to facilitate the assessment on:

• Effectiveness and efficiency of operations.
• Reliability and integrity of financial and operational information.
• Safeguarding of Company assets.
• Compliance with laws, regulations, and internal control framework.
• The design and the operational status of internal controls and other risk mitigation measures within all Business processes subject to audit.
• The Enterprise Risk Management (ERM) process including Business Continuity Management (BCM) process.
  

Dimensions:

Operating Budget:NANo of staff: No Direct Reports

Capital Expenditure: NAOther:NA

Key Result Areas:

• Participate in the periodic risk assessment of the corporate business processes and in development of the strategic and annual audit plans to address the strategic internal audit focus.
• Execute and / or assist in execution of assigned areas of the internal audit plan to achieve the timely completion of the assigned audit.
• Assist the Senior Internal Auditors in development of audit program for assigned audit including the objectives, potential risks, key controls etc.
• Conduct and / or assist the Senior Internal Auditor in the examination and analysis of records through executing audit program steps, part of audit field work related to the business process under review.
• Prepare and / or assist Senior Internal Auditor in preparing working papers, which record and summarize data on the assigned audit and the results of the audit examination.
• Ensure that adequate working papers and all relevant information are continuously documented and updated in audit system in accordance with the pre-defined templates and audit procedures.
• Identify delay in audit execution and report to Senior Internal Auditors for further escalation.
• Follow-up on the implementation status of agreed action items with relevant Line Management personnel and report to Senior Internal Auditors.
• Proactively complete assigned trainings and identify the training needs for self-development to assist SIA / CAO in maintaining the adequate audit competencies in the department.
• Provide on job training to departmental trainees to facilitate their development as future Auditors.
  

Job Context:

• The job holder assists Senior Internal Auditor in the execution of Internal Audits and in corporate governance responsibilities.
• Provides basis support including compilation of data, preparing work papers and follow-up of audits and implementation status.
  

Communications and Working Relationships:

Internal-

• Interact with Auditee team and other applicable divisions within the Organization during the audit process.
  

External-

• Assist the SIA during the communication with the External Auditors to provide periodical assistance during their annual review of the company’s financial statements.
• Assist the SIA during the interaction with the National Audit Office Auditors as directed on the audit issues.
  

Framework Boundaries, Decision Making authority and responsibility:

• Working under the supervision of SIA and CAO, primary responsibility of the job holder is to execute and / or assist in execution of internal audit as per accepted auditing standards and industry best practices for identification and mitigation of the business risks. The job holder has access to Company’s information during the audit field work. Therefore he/she is required to possess an elevated level of professional and personnel integrity to ensure confidentiality of the business information handled.
• The job holder provides advice on internal controls and risk mitigation measures to Line Management related to management systems whether under development or fully implemented.
• Takes independent decisions with respect to the execution of the audit field work.
• The position is important, and the job holder is required to be vigilant as ineffective audit work would result in major deficiencies, weaknesses, errors and possibly fraud remaining undetected.