EY Internal Audit Associate 3 in Durban, South Africa
Internal Audit Associate 3
Requisition # DUR0005U
Post Date Apr 17, 2019
Management and boards of directors rely heavily on internal audit to provide important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective advisory support. As an internal audit professional, you will be leading engagements to identify control enhancements, operational and compliance process improvement and efficiency opportunities, as well as company-wide cost improvements. EY is a global leading service provider in this space, with a reputation for high quality and cost-effective innovative offerings.
Our structured career framework means you’ll continue to develop, whatever level you’re at. And with a network stretching around the globe, you’ll gain valuable insight across industries and geographies. So whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
As an Associate in Risk, you will make a significant technical contribution to Risk client engagements and internal projects. Within your role, you will actively establish, maintain and strengthen internal and external relationships. You will also identify and escalate potential business opportunities for EY within existing engagements.
With a clear focus on anticipating and identifying risks, you will escalate issues as appropriate. Working closely with colleagues, you will confirm whether the work plan is properly executed, documented and concluded in compliance with EY's guidelines. As an influential member of the team, you will help to create a positive learning culture, coach and counsel junior team members and help them to develop.
Your client responsibilities
Work effectively as a team member, sharing responsibility, providing support, maintaining communication and updating senior team members on progress.
Assign and manage tasks with other team members considering engagement needs and identified business outcomes, and organize own work such that important items get done first.
Build strong internal relationships within EY and with other services across the organization.
Develop and maintain productive working relationships with client personnel.
Collaborate with the client to identify critical project outcomes, work products, barriers to success, and changes in expectations or scope.
Preparing business process descriptions through interviews with the client’s middle and senior management and documenting understanding of business process and confirm the business process descriptions by performing a walkthrough of the process.
Identifying possible business risks and control weaknesses from the business processes under review.
Drafting detailed audit programmes to test controls in place.
Assessment of design and implementation of key controls as well as the operating effectiveness, accuracy and validity thereof.
Understanding the impact of legislative requirements on the Public Sector.
Compilation of working papers substantiating scope and results of testing.
Review of junior team members’ working papers and provide a coaching / mentoring role.
Contribute to the succinct definition and discussion of complex business issues with EY and client stakeholders.
Draft individual sections of documents and presentations to explain issues and solution options and implications.
Display a logical thought process in understanding client challenges and exploring possible solutions.
Identify and escalate potential risks and issues to project manager along with suggested preventive or mitigating actions.
Draft audit findings for review by EY Senior Management.
Discuss audit findings with relevant client senior management (including findings, root causes, risks and recommendations) and obtain management comments, action plans and action implementation dates.
Your people responsibilities
Act as a visible role model for our people.
Coach and mentor junior team members.
Give honest supportive feedback to colleagues.
Take personal responsibility for own performance and career development.
Play an active role in EY and Service line team activities.
Understand and follow workplace policies and procedures.
Technical skills requirements
Bachelor's degree in Internal Audit, Accounting, Business, Finance or other related field
A minimum of 2 years Internal Audit work experience
Related audit or applicable business experience
Proficient in Microsoft office (including Excel, Word, Outlook and PowerPoint).
Public accounting / auditing experience
Additional skills requirements
Strong analytical, interpersonal and communication skills.
Demonstrated integrity, values, principles, and work ethic.
Share EY’s values and vision
Able to handle pressure
Team building ability
Good communication skills