SENIOR INTERNAL AUDITOR

Position Summary: The Senior Internal Auditor will contribute to the execution of the approved internal audit plan and adopt a lead role in the day-to-day implementation of internal audits as well as any special requests from the Board and Management.

The position must ensure assignments are in alignment with the International Professional Practices Framework (IPPF), designed to evaluate and improve the effectiveness of risk management, internal control, and governance processes.

Principal Duties and Responsibilities

• Contribute to the development of the annual risk-based internal audit plan, through the evaluation of the adequacy and effectiveness of internal controls.
• Support the Internal Audit Manager in the Administration of the internal audit department, staffing and software application.
• Review business processes, assessing the adequacy and effectiveness of the systems of internal controls whilst showing a thorough understanding of the Credit Union environment.
• Conduct audit assignments throughout all the Credit Union’s branches on a rotational basis as outlined in the internal audit plan.
• Maintain Permanent files for all areas of the Credit Union.
• Prepare audit work programs ensuring that the audit objectives and scope address the business risks relevant to the area being audited.
• Conduct supervisory responsibilities for reporting staff, key areas include (coaching and mentoring, training, performance management of all the employee relation activities).
• Monitor assigned tasks of the fieldwork performed by the internal auditors to agreed audit life cycle deadlines.
• Plan, supervise, and conduct fieldwork of approved audit assignments.
• Organize audit working papers that adequately support audit conclusions and recommendations and which adhere to prescribed internal auditing standards.
• Prepare reports on audit findings.
• Monitor, track, and report on implementation of audit recommendations.
• Undertake special investigations as directed by the Internal Audit Manager.
• Perform any other related duties as required by the job function.

General Qualification and Experience

Education

• ACCA or bachelor’s degree in Accounting / Management or equivalent from a recognized institution
• Certification as Certified Internal Auditor (CIA) or any other professional designation(s) related to the field of Internal Auditing.

Experience

• Seven (7) years’ experience in a similar environment
• Must be a member of good standing with the Institute of Internal Auditors.

Or any equivalent combination of qualification and experience

Technical Knowledge

• Knowledge of audit procedures and accounting principles, including planning, techniques, test, and sampling methods involved in conducting audits.
• Supervisory Management skills.
• Project Management skills.
• In-depth knowledge of Credit Union philosophy and policy.
• Proficient in specialized audit tools (e.g. Data Analytics – Audit Command Language).
• Proficient in the use of Pentana Audit Management Software or similar.