Position type: Permanent
Location: Sandown, Sandton
Purpose of the role
The Auditor will be making significant technical contributions to Internal Audit engagement by reviewing and evaluating the operations of Internal Audit client, identifying improvement opportunities and risk factors from analyzing operational functions, and assessing the adequacy and effectiveness of Internal controls of management. Auditing services should be conducted under International Standard on Quality Management (ISQM) framework provided by the International Auditing and Assurance Standards Board (IAASB). The assistance of the Internal Auditor will be required with client meetings, where findings and recommendations are discussed by the Senior Internal Auditor/ Team Leader Expert. The Auditors (Junior | Intern) will also be responsible for delivering the highest quality of work before it is submitted to the relevant next-level reviewer.
Academic Qualifications Required
- BTech degree or bachelor’s degree in Internal Audit, Accounting, Business, Finance or other related fields will be advantageous.
Skills, Competencies and Experience Required
Skills
- Personal moral skills: Demonstrate integrity, values, principles, and work ethics.
- Analytical skills: Demonstrate logical reasoning, critical thinking, and the ability to deconstruct information in similar categories to draw conclusions.
- Interpersonal skills: Have the right level of self-confidence, be able to build and manage relationships, be open to feedback, be an active listener, be a team player, be able to manage conflict situations, have a positive attitude and adhere to the workplace etiquette.
- Communication skills: Must be able to converse in English. Junior team members must be able to timely and continuously update the senior team member/ other supervisory staff/ directors on challenges, progress made and concerns identified.
- Organizational skills: Ability to adequately plan, prioritize tasks, apply time management skills and have a strong detail orientation ability.
- Time management skills: Must be able to, amongst others, set goals, schedule and manage appointments, multitask, adequately keep record, prioritize tasks and make informed decisions.
- Problem solving skills: Must be adaptable, flexible, level-headed, analytically skilled and innovative.
- Report writing skills: Dependent on staff level, each team member must concisely and accurately compile their working papers/draft findings and recommendations/draft reports substantiating the scope and results of testing in assessing the adequacy in the design and operational effectiveness of internal controls for submission to the next level of seniority/ other supervisory staff for review.
- Training presentation skills: The ability to transfer skills and provide training to, amongst others, team members effectively and efficiently.
Competencies
- Strong ability to read, understand, analyze, and interpret legislation, regulations, professional journals, general business periodicals, technical procedures, and other relevant materials and reports.
- Strong ability to effectively respond to questions and present information.
- Strong mathematical skills and ability to apply related analytical thinking in the work situation to solve practical problems.
- Strong ability to comprehend and interpret oral and written instructions.
- Strong ability to prioritize tasks and work under pressure in a deadline driven environment.
Experience
- Graduate with 3 – 5 years plus of related work experience (senior) | 1 – 2 years of experience (junior) | no experience for intern.
- Related audit, accounting or applicable business experience.
- Public | Private sector accounting | auditing experience preferable.
Required Computer Package Experience
- Microsoft Office
- CaseWare
- BarnOwl or other relevant Internal Audit | Audit | Accounting Software
Key Duties and Responsibilities – Key Performance Indicators
- Work effectively as a team member, manage own time in line with budget, share responsibility, maintain communication and update the Senior Internal Auditor | Team Leader Expert on progress made proactively.
- Demonstrate the ability to work independently and proactively communicate all challenges, concerns, and expectations to the Senior Internal Auditor | Team Leader Expert inn order to ensure that all assigned tasks are timely completed and signed-off.
- Provide support and assistance to Senior Internal Auditor | Team Leader Expert, as assigned by the Directo, in order to effectively perform daily operations and enable effective execution and reviews of audit tasks.
- Develop and maintain productive working relationships with client personnel.
- Contribute to a team’s understanding of relevant legislative requirements and complex issues by conducting research or interviews and analysis, and summarizing findings clearly and concisely.
- Contribute to the development of documents and presentations that demonstrate the issue, solution options and implications.
- Evaluate internal controls, apply professional audit techniques, prepare audit work papers, develop solutions, and document findings as part of conducting financial, operational, and compliance audits at Internal Audit clients.
- Obtain an understanding of the client industry, assessment area, related risks and processes and assist in drafting the Risk and Initial Assessment Summary to be submitted for review by the Senior Internal Auditor | Team Leader Expert.
- Assist in completing project related planning documentation to be submitted for review by the Senior Internal Auditor | Team Leader Expert.
- Attend team planning and client opening meetings and take minutes.
- Prepare a draft control description, based on the meeting with the control owners, that will be submitted for review by the Senior Internal Auditor | Team Leader Expert.
- Prepare and assist in drafting the Business Process, Risk & Control Matrix that will be submitted for review by the Senior Internal Auditor | Team Leader Expert.
- Provide inputs to and challenge the Audit Program.
- Execute tests per the Audit Program and ensure that working papers are of the highest quality.
- Identify issues, draft and submit audit findings (findings, root causes, risks and recommendations) for review by the Senior Internal Auditor | Team Leader Expert.
- Attend meetings with the Senior Internal Auditor | Team Leader Expert where audit findings are discussed with the relevant responsible person at the Internal Audit client, management feedback is obtained, and action plans and implementation dates confirmed.
- Assist the Senior Internal Auditor | Team Leader Expert in drafting the Internal Audit report.
- Assist in completing project quality assurance documentation.
- Perform basic administrative duties as needed on a day-to-day basis.
- Execute other duties the Senior Internal Auditor | Team Leader Expert may assign.
- Senior Internal Auditor to manage, train and provide guidance to junior team members.
Level of Independence
- Work independently but work is reviewed by Senior Internal Auditor | Team Leader Expert.
Salary Range
- R190 000 – R880 000 (intern | junior) depending on experience, skills and qualifications.
- R800 000 – R1 700 000 (senior) depending on experience, skills and qualifications.
Apply Now
- Applications to be submitted to: careers@mctg-consulting.co.za
