Internal Auditor M/F

The goal of the Internal Auditor is to provide independent and objective assurance by evaluating the effectiveness of internal controls, risk management, governance and compliance processes across CFAO Equipment SA. The role safeguards company assets, supports the completeness and reliability of financial and operational information, identifies control weaknesses and inefficiencies, and recommends practical corrective actions and process improvements.

Key Responsibilities:

1. Audit Planning and Risk Assessment

• Participate in the preparation of risk-based audit plans; confirm engagement scope, objectives, timelines and information requirements.
• Review prior audit results, applicable policies, procedures, risks and process documentation to identify priority areas.
• Analyse relevant financial and operational information, including trial balances, reconciliations, ledgers and inventory reports, and prepare audit programmes.

2. Audit Execution and Documentation

• Perform end-to-end audit procedures, walkthroughs, control testing and substantive testing in accordance with approved audit programmes. ISO audits will be incorporated into these audits when relevant.
• Review financial records and balance sheet accounts; verify the existence of assets and completeness of liabilities.
• Conduct physical verification of inventory, leasing assets and other assets where required, and reconcile supporting records to actual assets.
• Prepare accurate, complete and well-supported working papers and maintain organised audit files.

3. Internal Control, Compliance and Operational Review

• Evaluate the design, implementation and operating effectiveness of internal controls, including segregation of duties, authorisations, documentation and system access.
• Assess compliance with company policies, procedures, applicable laws, regulations and relevant auditing requirements.
• Identify control weaknesses, fraud risks, operational inefficiencies, cost-saving opportunities and areas for process improvement.

4. Reporting and Stakeholder Engagement

• Discuss factual findings with process owners and management, obtain responses and agree practical corrective actions, owners and target dates.
• Prepare clear, concise and evidence-based audit reports setting out risks, root causes, findings and recommendations.
• Communicate audit progress, significant issues and final results to the CFO and relevant management.

5. Follow-up, Continuous Improvement and Special Assignments

• Track agreed management actions, perform follow-up reviews and report overdue or inadequately addressed matters.
• Remain current with internal policies, auditing practices, regulatory developments and emerging risks; contribute to continuous improvement of audit tools and methodologies.
• Perform ad hoc reviews, investigations and special projects as assigned, while maintaining independence, objectivity and confidentiality.
  
  

Success Factors / Key Performance Indicators

• Audits completed to the approved scope, quality standard and agreed timelines.
• Clear, accurate and value-adding findings supported by sufficient audit evidence.
• Timely issue of reports and effective communication with stakeholders.
• Agreed corrective actions are practical, appropriately owned and effectively followed up.
• Reduction in repeat findings and improvement in the control environment.

Minimum Qualifications and Experience

• Education: Bachelor’s degree in Accounting, Finance, Internal Auditing or a related field.
• Professional qualification: CIA, CA(SA), ACCA, CPA or a comparable recognised accounting/auditing qualification would be advantageous.
• Experience: 3–5 years’ relevant internal audit, external audit, risk, compliance or related assurance experience.
• Technical knowledge: Sound knowledge of accounting, auditing standards and procedures, internal controls, risk management, governance and applicable laws and regulations.
• Systems and tools: Strong MS Office and advanced Excel capability; experience with ERP systems, audit software or data-analysis tools would be advantageous.
• Other: Ability and willingness to travel to branches or operating locations when required.

Key Competencies and Skills

• Strong analytical, critical-thinking and problem-solving ability.
• High attention to detail, professional scepticism and sound judgement.
• Clear written and verbal communication, with the confidence to engage constructively at different organisational levels.
• Strong planning, organisation and time-management skills; ability to work independently and meet deadlines.
• Ability to understand business processes, identify root causes and develop practical, value-adding recommendations.
• Strong ethical standards, integrity, discretion, objectivity and commitment to confidentiality.
• Collaborative, proactive, adaptable and committed to continuous learning.