At a Glance
- Tasks: Lead internal audits and provide expert advice to improve financial services.
- Company: Join a dynamic public sector organisation focused on excellence.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Flexible working with opportunities for growth and learning.
- Why this job: Make a real difference in local government finance while advancing your career.
- Qualifications: Relevant qualifications like CIPFA, AAT, or IIA and experience in 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 Professional in Barnet employer: Colbern Limited
Colbern Limited is an exceptional employer, offering a dynamic work environment in Barnet where your expertise in internal auditing can truly shine. With a strong commitment to employee development and a culture that values innovation and collaboration, you will have the opportunity to grow professionally while contributing to meaningful public sector projects. Enjoy the benefits of flexible working arrangements, a supportive team atmosphere, and the chance to make a real impact in local government finance.
StudySmarter Expert Advice🤫
We think this is how you could land Financial 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. Be ready to discuss how your qualifications, like CIPFA or AAT, align with their needs. Practise common interview questions and think of examples that showcase your experience in public sector audits.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your past audit projects and successes. This can be a great conversation starter during interviews and will help you stand out from the crowd. Remember, we want to see how you’ve made an impact!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Keep an eye on our listings and make sure your application is tailored to each role. The more effort you put in, the better your chances of landing that dream job!
We think you need these skills to ace Financial Professional in Barnet
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Audit Executive role. Highlight your relevant qualifications like CIPFA or AAT, and showcase your experience in conducting internal audits, especially within a public sector setting.
Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills align with the job description. Talk about your understanding of local government finance and your ability to apply risk-based auditing principles in practice.
Be Clear and Concise:Keep your application clear and to the point. Use bullet points where possible to make it easy for us to see your key achievements and experiences that relate to the role.
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 all candidates. Plus, you can check out other opportunities while you're there!
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 Risk-Based Approach
Be ready to explain how you apply a risk-based approach in your audits. Discuss any tools or methodologies you use to identify risks and ensure compliance. This will demonstrate your analytical skills and understanding of the audit process.
✨Engage with the Interviewers
Don’t forget that interviews are a two-way street! Prepare thoughtful questions about the team dynamics, ongoing projects, and how they measure success in the role. This shows your genuine interest and helps you assess if the company is the right fit for you.
