Internal Auditor at Volvo Group

Job description

Main Purpose

To ensure financial procedures are in place to minimize risk for Volvo Group SA within the boundaries of commercial viability and then to audit and monitor all areas for compliance to procedures and to continuously follow up.

Job Objectives

• To analyze information flows and map financial processes to understand these processes and thereby determine risk exposures of the Business.
• To review current financial procedures to ensure risk is minimized and create new procedures where gaps are identified. This needs to be done within the boundaries of commercial viability.
• To educate relevant company officers ( Snr Managers) in the procedures and periodically audit market brands (Volvo Group SA), Volvo Owned Dealerships, GTO, Volvo Logistics for compliance to financial procedures.
• To prepare reports on the state of compliance to financial procedures highlighting areas of non-compliance and assessing the degree of risk for the Business – high to low.
• Ensuring that activity plans are drawn up by auditees, after reports have been presented to the Management Team, to close out areas of non-compliance to financial procedures. If necessary modify financial procedure if enforcement is not practical.
• To liaise with AB Volvo corporate audit, arrange meetings and ensure reported items from AB Volvo are closed out.
• To liaise with external auditors – PWC – with particular reference to matters raised in their management letters.

Education

• B.Com Accounting (essential).
• ACCA or CIMA or SAIPA or CIA (desirable).
• MCom/MBA/MBL (desirable).
• CA (advantageous).

Job Experience

• 3 Year Financial Accounting experience (essential).
• 1 Year Internal Auditing experience (essential).
• 2 Year Financial Manager experience (desirable).

Job Knowledge

• Thorough understanding of accounting cycles.
• Purchase – order to creditor payment.
• Sales – order to debt collection.
• Inventory Accounting.
• Payroll (Salaries + Benefits).
• Cash book.
• Fixed assets.
• Thorough understanding of T accounts – DRs & CRs.
• Ability to determine risk areas.

Job Related Skills

• Analytical.
• Systematically.
• Tenacious.
• Good people skills.
• Business acumen.
• Working without supervision.

Key Competencies

• Writing and Reporting.
• Analysing.
• Adhering to Principles and Values.
• Applying Expertise and Technology.
• Planning and Organising.
• Relating and Networking.
• Following Instructions and Procedures.
• Delivering Results and Meeting Customer Expectations.
• Achieving Personal Work Goals and Objectives.
• Persuading and Influencing.
• Presenting and Communicating Information.
• Adapting and Responding to Change.

Volvo Group Southern Africa (Pty) Ltd is an affirmative action, equal employment opportunity employer.