Internal Audit Specialist
1 week ago
The Australian Agricultural Company (AACo) is seeking a highly skilled Internal Audit Specialist to join its Legal team. As a key member of the team, you will play a critical role in ensuring the company's operational and financial processes are in line with best practices.
Your primary responsibility will be to collaborate with our outsource internal audit partner to develop the annual Internal Audit Plan and define the scope of internal audit engagements. You will also be responsible for preparing and presenting management reports on internal audit results, recommendations, and agreed actions.
Key Responsibilities:
- Develop and implement the annual Internal Audit Plan, defining the scope of internal audit engagements and collaborating with stakeholders to ensure effective execution.
- Prepare and present management reports on internal audit results, recommendations, and agreed actions, ensuring timely and accurate communication.
- Work closely with our external auditor to ensure their recommendations are communicated and tracked alongside internal audit findings.
- Conduct follow-up reviews to monitor management's progress in addressing audit recommendations.
- Independently plan, execute, and report on assurance activities to complement the annual Internal Audit plan conducted by our outsource provider.
- Identify opportunities to enhance internal controls and streamline processes, collaborating with operational stakeholders to implement improvements.
- Maintain a repository of standard operating procedures and essential internal controls to enhance audit efficiency and support risk management.
- Stay up-to-date with the latest internal audit and compliance best practices, tools, and techniques.
- Periodically monitor and report on the performance of the outsource Internal Audit partner.
- Review, update, and maintain compliance systems, records, and processes within AACo.
- Support the identification of key compliance obligations and emerging compliance requirements impacting AACo.
- Maintain visibility over compliance workflows managed by our operations teams.
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