Internal Auditor

About the role

The Internal Auditor reports functionally to the Audit Committee of the Board of Directors and administratively to the Chief Executive Officer. The role is responsible for designing and establishing audit and internal control systems and procedures that mitigate risks in line with auditing best practice, and for building a risk-based compliance framework.

Key responsibilities

• Develop auditing systems and procedures to track and verify the soundness of financial and operational transactions.
• Maintain a comprehensive Audit Manual covering financial, operational and electronic data processing risks.
• Plan and conduct performance, operational and financial audits, and prepare an Annual Audit Work Plan for the Audit Committee's approval.
• Periodically test the effectiveness of internal controls against stated policies and identify business process risks.
• Follow up with departments after audits to confirm corrective actions have been taken.
• Communicate audit findings and recommended corrective action to the Audit Committee and the CEO, and advise management on compliance with accounting and operational best practice.
• Review new systems before implementation and recommend improvements to risk management and process efficiency.
• Assist the Board and CEO on special projects and liaise with external auditors and regulators on internal controls.
• Establish, manage and promote the standards of Internal Auditing Activities, including pre-report discussions with departments and compliance with statutory requirements.
• Achieve the budget and performance targets of the Audit Department, train and coach subordinates, and ensure compliance with laws and regulations.

Required profile

• Knowledge of the laws and regulations governing the company's operations.
• Proven experience conducting audits and well-developed analytical skills.
• Effective communication, interpersonal, time management and organisational skills.
• Knowledge of FIU regulations and AML/CTF legislation, and of the Exchequer and Audit Act and other frameworks governing governmental institutions.
• Knowledge of the governance requirements of state enterprises and government agencies.

Required skills

• Proficiency in Microsoft Office Suite.
• Knowledge of risk analysis methodologies.