Summary
Date Posted: Tuesday, January 28 2025, Base Salary: Not Disclosed

JOB DETAILS:
The purpose of internal audit at Practical Action is to provide independent, objective assurance and consulting services designed to add value and improve Practical Action’s operations. The internal audit department helps Practical Action accomplish its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.
The purpose of the role is to fully support all areas of internal audit across all countries as required, including the UK.
About the role: The role will be based in one of Practical Action’s country offices but will also involve a limited amount of travel, potentially to any other country where Practical Action operates.
Key responsibilities will include in-person and remote audits, from planning through to reporting. This may be working alone, with the Head of Internal Audit, or with another colleague.
The role will also provide support to the overall development of the internal audit service, lead on the tracking and reporting on the implementation of internal audit recommendations, and be a member of the Financial Crime Team.
Overall, it requires being an advocate of good internal controls and compliance, and good risk management practices, including fraud risk management.
Key working relationships include the Head of Internal Audit, Regional & Country Directors, Regional Finance Managers, International Operations Managers, and the International Finance Team.

About you
We are seeking an experienced, dedicated and detail orientated Internal Auditor, with high standards of professional ethics. The role requires someone who can operate independently under remote supervision and is also a good team player. It requires someone who can be creative and pragmatic in their approach, whilst also being systematic, methodical, and organised. It requires someone who is curious in their thinking, and at the same time able to blend a robustness and a sensitivity in their interactions with others. And it requires someone to have excellent written and spoken language skills, including English.

KEY ACCOUNTABILITIES
Audit
• Help design audit methodologies, audit testing programmes, and approaches to audit reporting
• Lead or support the Head of Internal Audit as required in the planning, pre-audit testing and fieldwork testing of risk-based internal audits
• At times this will require visiting other country offices alone or with the support of a ‘guest auditor’. Other audits will be conducted fully remotely, e.g. when conducting global thematic reviews or auditing UK based departments or processes
• Communicate findings with the audit clients in a timely manner, collaborating with them to ensure common understanding of issues, and their root causes with a commitment to implement recommendations
• Generate written audit reports in a standard format with findings, recommendations, and overall conclusions; that subject to review by the Head of Internal Audit can be issued to audit clients
Audit Recommendation Tracking
• Lead on the administration, tracking, and reporting of all internal audit recommendations using dedicated audit software
• Chase overdue audit client responses as necessary
• Lead on the interpretation and analysis of audit client responses, including additional support to them if required
• Generate summary reports using available templates, including the quarterly update to Audit Committee
Finance & Systems
Develop a good working knowledge of Practical Action’s finance system (Microsoft Business Central) and processes, sufficient, if required, to:
• Share in the design and development of finance related audit test programmes
• Support in any internal audit or review of finance system operation or finance system development
• Independently check all forms of finance information that may be required as part of other audits, financial crime investigations, or reviewing responses as part of audit recommendation tracking
• Have a good working relationship with Heads of Finance in all country offices and the International Finance Team based in Nepal
• Have a good working knowledge of IT infrastructure and system risks and controls, sufficient to provide meaningful review (but not expected to be a specialist IT Auditor)
• Have a good working knowledge of Excel, sufficient to audit its use by other departments or to develop applications for audit purposes should the need arise
• Develop a working knowledge of data analytics, in order to identify trends and exceptions within financial and non-financial information (most likely using Excel)
Other
• Occasional attendance as an observer, of the quarterly Audit Committee (FAR) meetings, for the agenda items relating to audit, risk management and financial crime
• Willingness to travel within country or to any other country where Practical Action operates
• Assisting with the creation and maintenance of training materials
• Membership of the global Financial Crime Team. Support to and occasional leading of financial crime investigations where necessary

Qualifications, Knowledge, and Experience
Essential
• Part Qualified CIA/CA/ACCA/CIMA/CPAor Degree in a relevant subject
• 3 years of relevant internal audit or similar experience
• Strong working knowledge of internal audit concepts, operational risk, compliance, and control
• Good Excel, technical and accounting knowledge with attention to detail
• Highly computer literate with ability to use and understand accounting systems and reporting tools
• Ability to work effectively, both independently and as part of a team
• Ability to work in a professional environment, keep organised and manage multiple demands on time
• Excellent written & spoken communication skills (in English)
• Proactive and resilient, with ability to engage others across the organisation and independently overcome obstacles
• Ability to comply with the Code of Ethics of the Global Institute of Internal Auditors; the core requirements being: integrity, objectivity, confidentiality, and competency

Desirable
• Fully qualified CIA/CA/ACCA/CIMA/CPA or master’s Degree in a relevant subject
• Relevant experience working in finance, ideally using Business Central
• A background in international development, ideally including time spent overseas
• Fluency in Spanish or French

Behaviours
The most important practical behaviors, for role success are:
• Completing; Collaborative; Creative; Dynamic; Learning

Why join us?
The opportunity to work for an organisation that is making a positive difference to the lives of people worldwide, a friendly and supportive culture, and working with values driven and highly engaged colleagues are just some of the reasons that we think Practical Action is a great place to work.

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
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