At a Glance
- Tasks: Conduct internal audits and provide expert advice on financial practices.
- Company: Join a leading public sector organisation focused on improving services.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Flexible working with opportunities for career growth and continuous learning.
- Why this job: Make a real difference in local government finance and enhance your auditing skills.
- Qualifications: Relevant qualifications like CIPFA, AAT, or IIA, plus experience in public sector auditing.
Our client is looking for an experienced Internal Audit Executive – Financial. There is an expectation of at least 2-3 days per week minimum in the office. You’ll hold a relevant qualification such as CIPFA, AAT, IIA or another CCAB-recognised qualification, along with a degree or equivalent. You’ll bring sound knowledge of auditing principles and standards, and demonstrable experience of conducting internal audits within a public sector setting. A strong understanding of local government finance and services is essential, as is the ability to apply risk-based auditing in practice.
Job Purpose: The primary role of the audit executive will be to become a leading point of audit advice and assurance, this includes:
- Provide flexible and responsive audits to a range of services
- Proactively seek ways of improving the audit approach and associated working practices
- Actively participate in service developments or projects
- Take responsibility for the timely and accurate completion of audits
- Ensuring work undertaken reviews the value for money aspects of the area under review, as appropriate
Key accountabilities:
- To plan individual audit assignments in accordance with the Annual Audit Plan, with due regard to client availability.
- To undertake a mixture of audit assignments unsupervised, including compliance reviews and systems-based reviews of Council management systems.
- To take ownership of and conduct follow up reviews in accordance with the Internal Audit follow up procedure.
- To ensure that assignments are conducted with a risk-based approach, in accordance with the professional standards that are defined by Global Internal Audit Standards and the Audit Manual.
- To pro-actively maintain up to date accounting knowledge and audit expertise in order to provide help, support and guidance to services, supporting compliance with statutory and non-statutory obligations, legislation, regulations and current business processes and procedures.
- To comply with the Continuing Professional Development requirements of the appropriate accounting institute.
- To complete assignments within allocated budget and report to the Head of Internal Audit where potential variations may arise.
- To manage own time with regard to assignment allocations and other work/training obligations.
- To identify and report to Management any system weaknesses or other financial issues that require other audit work and attention or should be included in the Annual Audit Plan.
- To participate actively as a member of the Assurance & Public Protection Directorate to assist in the continual improvement of service standards, customer satisfaction and performance management.
- To support any junior auditors and assist with their development.
- To provide technical and professional advice on audit issues to staff throughout the Council.
- To represent the Assurance & Public Protection Directorate at internal working groups on a full range of technical and professional issues as appropriate.
- While working within well-defined processes and procedures, to contribute to the development of practical and innovative solutions to a range of financial, legislative, logistical and operational problems.
- To participate in the construction of and delivery of training for key stakeholders, including Council staff, members and schools.
- As appropriate participate in the development of work programmes to meet changes in circumstances and legislation.
- To undertake internal audit related projects and investigations at the request of the Head of Internal Audit.
- To maintain links with the Corporate Anti-Fraud Team (CAFT).
- Any other duties reasonably requested by management.
- Carry out all accountabilities in compliance with the Council’s Policies and Procedures.
- Function as part of a team and work towards achieving personal objectives in line with the Internal Audit Plan/Strategy.
- Achievement of high-quality service to clients achieved through satisfaction surveys for each audit undertaken.
Financial / Benefits Professional in Barnet employer: Colbern Limited
Colbern Limited is an exceptional employer, offering a dynamic work environment in Barnet where your contributions directly impact local government finance and services. With a strong emphasis on professional development, employees benefit from ongoing training opportunities and a supportive culture that values innovation and teamwork. Join us to be part of a dedicated team committed to delivering high-quality audit services while enjoying the unique advantages of working within the public sector.
StudySmarter Expert Advice🤫
We think this is how you could land Financial / Benefits Professional in Barnet
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and auditing sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its audit practices thoroughly. Think about how your skills align with their needs, especially in local government finance. Practise common interview questions and have your own questions ready to show your interest.
✨Tip Number 3
Showcase your expertise! Bring along examples of your past audit work or case studies that highlight your problem-solving skills. This will help you stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. So, get your application in and let’s land that job together!
We think you need these skills to ace Financial / Benefits Professional in Barnet
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial / Benefits Professional role. Highlight your relevant qualifications like CIPFA or AAT, and showcase your experience in internal audits, especially within the public sector.
Showcase Your Skills:Don’t just list your skills; demonstrate how you've applied them in real situations. Talk about your understanding of local government finance and how you've used risk-based auditing in practice.
Be Clear and Concise:Keep your application clear and to the point. Use bullet points for easy reading and ensure you cover all key accountabilities mentioned in the job description without rambling on.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it, so don’t miss out!
How to prepare for a job interview at Colbern Limited
✨Know Your Auditing Standards
Make sure you brush up on the Global Internal Audit Standards and any relevant local government finance regulations. Being able to discuss these confidently will show that you’re not just familiar with the principles, but that you can apply them in practice.
✨Demonstrate Your Experience
Prepare specific examples from your past roles where you've successfully conducted internal audits. Highlight how you’ve improved audit approaches or contributed to service developments. This will help you stand out as a proactive candidate.
✨Showcase Your Problem-Solving Skills
Think of instances where you’ve identified system weaknesses or financial issues and how you addressed them. Be ready to discuss your thought process and the innovative solutions you implemented, as this aligns perfectly with the role’s expectations.
✨Engage with the Interviewers
Don’t forget that interviews are a two-way street! Prepare thoughtful questions about the team dynamics, ongoing projects, or how they measure success in the audit department. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
