Internal Audit Specialist
Job Purpose
The Internal Audit Specialist conducts risk-based internal audits to assess the effectiveness of internal controls, ensure compliance with policies and regulations, and support process improvements across the university. The role performs detailed audit testing, analyzes data, identifies gaps, and provides practical recommendations to mitigate risks and enhance operational efficiency.
Job Responsibilities
- Participate in preparing the annual audit plan and audit programs for assigned areas.
- Conduct operational, financial, and compliance audits in line with internal audit standards and methodologies.
- Perform walkthroughs, control testing, sampling, primary testing, and data analysis.
- Identify control weaknesses, process gaps, and non-compliance issues.
- Gather, analyze, and document audit evidence to support findings.
- Ensure completeness, accuracy, and proper organisation of audit documentation.
- Draft clear and concise audit observations, conclusions, and recommendations.
- Communicate significant findings promptly to minimize associated risks.
- Participate in opening, closing, and follow-up meetings with departments to discuss scope, issues, and action plans.
- Support the preparation of audit reports for management and stakeholders.
- Assess compliance with internal policies, procedures, regulatory requirements, and accreditation standards.
- Assist in follow-up audits to ensure timely implementation of corrective actions.
- Contribute to risk assessments and mapping of high-risk areas.
- Stay updated on audit techniques, standards, risks, and best practices.
- Undertake any additional duties assigned by the line manager.
Job Requirements
Educational Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Experience:
- Minimum 3–4 years of experience in internal or external auditing.
- Experience in an audit firm is preferred.
Technical Skills:
- Strong understanding of internal controls, audit methodologies, and risk-based approaches.
- Solid knowledge of auditing standards, laws, and regulatory requirements.
- Strong analytical and research skills.
- Advanced MS Excel and good command of MS Office applications.
- Ability to handle large datasets and prepare structured audit reports.
- Familiarity with ERP/accounting systems is a plus.
Competencies:
Core:
- Interpersonal Skills.
- Collaboration.
- Integrity & Accountability.
- Results Focus.