Recruitment On a High: Top Jobs in Internal Audit

Recruitment On a High: Top Jobs in Internal Audit

Lucinda Brown 19.04.2017

Have you ever considered Internal Audit? Just the word ‘audit’ can make a newly qualified ACA candidate wince. However the world of Internal Audit is a lot more broad and exciting than you may initially think.

The main purpose of an internal auditor is to ensure that a business has an effective process in place to mitigate risk, maintain control and comply with governance frameworks.In contrast to an external auditor where you’re responsible for signing off financial statements and such, the role of an internal auditor can be a lot more involved and more fulfilling.

In order to optimise business performance, internal audit analyses the current processes. In doing so, they provide valuable insights and recommendations on the following activities:

  • Efficiency/effectiveness of operations
  • Reliability of financial and management reporting
  • Compliance with laws and regulations
  • Anti Financial Crime (AML, Sanctions, Fraud, Anti Bribery & Corruption)
  • Conduct Risk & Reputation

Internal audit is considered a highly important part of a business due to the cost saving nature of their role and because the internal audit team build an extensive understanding of the business, work across a multitude of different teams and gain a commercial flair that can only be gained by working within the core functions of a business.

Venturing into internal audit can also be an alternative method of getting a foothold into an industry role and you can usually enter a more commercial position by following this route instead of jumping straight into industry and taking the technical – commercial option. Internal auditors that work for a large company may also get the chance to travel to different offices across the UK or even abroad!

If you’re looking to move into industry and the thought of consolidations, reconciliations and spreadsheets all day doesn’t sound like your idea of fun, Internal audit could definitely be something to look into – and we’re currently recruiting for some fantastic clients!

If you’re newly ACA qualified then the below roles could be of interest to you:

TMT Sector

Job title: Internal Auditor

Travel: Limited

Location: London but alternatively Leeds, Sheffield, Reading, Newcastle or Birmingham

Info: Operating in approximately 180 countries, this FTSE100 household name in the telecommunications industry offers promising career prospects and a lot to learn.

Retail Sector

Job title: Internal Auditor

Travel: 20%

Location: Watford

Info: A retail company who has over 400 European stores is looking to add another member to their successful internal audit team. They have an excellent development plan in place including a rotation scheme so you can get a taste of many different aspects of the business. Ideally you will have knowledge of SOX compliance and speak a second language such as Polish, German or Italian.

Transport Sector

Job title: Internal Auditor

Travel: Up to 60%

Location: West London

Info: The headquarters of this mobility solutions company are located in the USA but they have a large presence in the European, African and Middle Eastern market. As travel would be a large part of this role we require candidates with multilingual talents, ideally Italian, Spanish, French or German.

Manufacturing Sector

Job title: Internal Auditor

Travel: Extensive

Location: West London

Info: Working for an international manufacturing company, they are looking for people who are eager to have travel in their role and are multilingual. Originally an American Fortune 500 company, they have branched out into the UK and produce speciality products for their customers. This company is very proud about the employee benefits and career trajectory that it offers to its employees.

Engineering Sector

Job title: Internal Audit

Travel: Limited

Location: South London

Info: Working for an international engineering company who prides themselves in their innovative and niche specialist products. This company likes to take on the best talent and invest in you to help you grow and develop. This company develops engines, transmissions, vehicle systems, intelligent transportation systems (ITS) and hybrid and electric systems. The industries served are in transportation, defence and clean energy.

Full details can be revealed if you’re interested in hearing more about any of the above positions; if nothing here piques your interest but you’d still like to hear more about opportunities in internal audit then please feel free to get in touch and we can keep you in mind for the future.

Lucinda Brown's picture
ACA Specialist Consultant | Accounting & Finance
lucindabrown@morganmckinley.co.uk