Trainee (Internal Audit)
Listing reference: nef_000049
Listing status: Under Review
Apply by: 7 May 2024
Position summary
Industry: Financial Services
Job category: Banking, Finance, Insurance. Stockbroking
Location: Sandton
Contract: Internship
Remuneration: Market Related
EE position: Yes
Introduction
The National Empowerment Fund is looking for a Trainee to join the Internal Audit team.
Job description
- Execution of audits per the internal audit plan;
- Assessing and understanding business processes to identify key controls and risks;
- Understanding risks and related audit objectives;
- Prepare audit planning memo through input from business stakeholders;
- Verify audit objectives through communication with business stakeholders;
- Prepare process maps to document key business processes, procedures and controls using experience to identify process;
- improvement opportunities for the business under review and understand audit procedures;
- Identify and measure risk and evaluate controls;
- Document an audit programme from key controls identified in risk and control matrix;
- Perform audits for a variety of areas in our business including analysing our operations to ensure compliance with company procedures, evaluating our internal controls to ensure risks are reduced, ensuring the reliability of our financial reports, and putting effective asset protection measures in place;
- Conduct internal audits through fieldwork and sample testing to review adequacy and effectiveness of controls;
- Completion of IIA compliant working papers using the NEF Internal Audit Methodology;
- Perform audits that identify control and regulatory compliance deficiencies, as well as enhance policies and procedure manuals;
- Producing quality internal audit reports with value adding recommendations;
- Build, maintain and manage professional relationships with management.
Minimum requirements
Qualifications
- BCom Internal Audit, BCom Accounting or other Internal audit related qualification
Experience / Skills Required
- No work experience required, but must have the educational foundation in the relevant fields.
- Challenging the status quo with a view to improving the environment or peoples understanding,
- Adapting behaviour to meet major changes at work,
- Building and maintaining effective relationships with internal and external stakeholders,
- Establishing and maintaining collaborative relationships with peers / subordinates / managers,
- Identifying business risks,
- Effective report writing skills,
- Advanced Excel skills,
- Demonstrated ability to deal with difficult customers,
- Ability to hold difficult conversations,
- Problem solving skills.
Personal Attributes / Behaviours / Attitudes
Cognitive Competencies
- Able to work under pressure
- Ability to analyse
- Able to challenge processes if contrary to Regulations and policies
- Able to interrogate information and raise/escalate for further attention where necessary
Intrapersonal Competencies
- Excellence/ Quality Orientation
- Ethical Judgement
- Resilience and Stress Management
- Drive and Results Orientation
- Time and Self-Management
Interpersonal Competencies
- Building Relationships
- Interpersonal Agility
- Teamwork
Communication Competencies
- Verbal and Written Communication
- Functional Competencies
- Commercial and Financial Acumen
- Mathematical Acumen