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Internal Audit

Job Posted: 14 days ago

Salary: £ 45,000 - 45,000 / Annum
Job Type: Temporary
Location: Buckinghamshire

Expire in: 14 days

Job Description

Internal Audit

Location

South East England, Buckinghamshire, England

Job Type

Temporary, Full-Time

Industry

Primary: Banking and Finance

Secondary: Accounting

Salary

£45,000 per annum

Benefits

Hybrid working arrangement – two days working from home

Job Description

The Internal Audit role is responsible for assessing and improving the effectiveness of risk management, control, and governance processes within the organisation. The post holder conducts independent evaluations of financial and operational activities to ensure compliance with relevant policies, regulations, and standards. This role supports the identification of risks and recommends improvements to enhance internal controls and operational efficiency.

Key Duties and Responsibilities

Plan, execute and report on internal audit assignments in accordance with the annual audit plan.
Review financial statements, operational procedures, and compliance with statutory and regulatory requirements.
Identify areas of risk and recommend appropriate control measures to mitigate these risks.
Prepare clear, concise audit reports and present findings to senior management and relevant stakeholders.
Collaborate with various departments to ensure understanding and implementation of audit recommendations.
Monitor the progress of agreed actions arising from audit reports and follow-up on outstanding issues.
Maintain up-to-date knowledge of regulatory changes affecting the banking and finance sector.
Support continuous improvement initiatives in audit methodologies and processes.
Adhere to the professional standards and code of ethics prescribed by relevant auditing bodies.

Required Qualifications

Professional qualification in accounting or auditing (for example, ACA, ACCA, CIMA or equivalent) is mandatory.
Strong understanding of banking and finance regulations and compliance requirements.

Education

A degree in finance, accounting, business, or a related discipline is preferred.

Experience

Minimum of three years’ experience in internal audit, preferably within the banking or financial services sector.
Proven track record of conducting comprehensive audits and preparing detailed reports.
Experience in assessing operational risks and internal controls.

Knowledge and Skills

Excellent analytical and problem-solving skills.
Strong attention to detail and high standards of accuracy.
Effective communication skills, both written and verbal, with the ability to present complex information clearly.
Good organisational and time management skills with the ability to manage multiple audits concurrently.
Proficient in using audit software and Microsoft Office applications.
Ability to work independently and as part of a team.

Preferred Qualifications

Experience working within a hybrid working environment.
Knowledge of current developments in financial services regulation and best practise in internal auditing.
Additional certifications related to risk management or control frameworks.

Working Conditions

This role operates primarily from the office in Slough, Berkshire with the flexibility to work from home two days per week.
Standard full-time working hours apply, with occasional requirements to meet deadlines or attend meetings outside usual hours.
The role involves desk-based work with regular use of computer equipment.
Some travel within the region may be necessary to conduct audits at different sites

Before You Apply

Do not include the following in your job application, CV, or cover letter:

Bank details.
National Insurance number.
Date of birth.

You should not be asked for payment or irrelevant information. If you have concerns about a job advert or employer, seek guidance on how to proceed.

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