Internal Auditor : Finance & Tax

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Job Summary

The Absa Group Internal Audit (IA) function is seeking an Internal Auditor to join the Internal Audit Finance and Tax team. Key to this role is the ability to assess the effectiveness of internal controls, execute audit assignments in the Finance function in accordance with the Group Audit Plan and Internal Audit methodology, relevant policies, procedures and quality standards. If you have a good understanding of the Finance and Tax functional areas, then this could be an exciting opportunity you may want to explore.

Job Description

Key accountabilities:

• Participate in the annual audit planning cycle, provide input by taking into account the risk and control profile, business strategy and material risks affecting the business.

• Perform risk assessments to identify high risk areas within Finance and Tax or impacting the environment that requires focus.

• Actively participate in all the audit phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure audit observations and planned actions are agreed with management for factual accuracy). In addition, assist the Audit team with the validation of audit issues.

• Keep the Audit team up to date on key regulations and policies relating to Finance & Tax functions.

• Provide the Audit team with write-ups on key risk assessments and risk profile for the Finance & Tax functions.

• Develop an in-depth knowledge of the audit methodology, by attending training sessions and using knowledge gained during audits, use this proactively in executing audit activities.

• Improve Finance & Tax knowledge (i.e. general and technical) through self-learning, external workshops or training for professional qualification.

Preferred Education:

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

• CA(SA) professional qualification

Preferred Experience:

• Minimum of three years’ experience in external or internal audit, or equivalent finance experience within a major financial institution.

• Demonstrated experience and sound knowledge of the banking sector.

Knowledge and Skills:

• Experience in drafting test strategies and testing Finance general controls.  

• Ability to articulate complex issues clearly  

• Displays good knowledge of Finance processes

• Awareness of regulatory and compliance environment – specifically to Finance environment

• Manage time, resources and budget effectively

• Industry knowledge

Technical Competencies:

• Regulatory Compliance

• Commercial Business Acumen

• Financial Analysis

• Risk Management

• Audit Methodology

• Internal Controls

Behavioural Competencies:

• Deciding and initiating action

• Learning and researching

• Commercial thinking

• Relating and networking

• Adapting and responding to change

• Persuading and influencing

• Creating and innovating

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised