INTERNAL AUDITOR-ANZSCO :221214

SKILL LEVEL 1

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csol Consolidated Sponsored Occupation List yes
rsmsol Regional Sponsored Migration Scheme Occupation List yes
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QLD Queensland Brisbane
SA South Australia Adelaide
TAS Tasmania Hobart
VIC Victoria Melbourne
WA Western Australia Perth
ACT Australian Capital Territory Canberra You may be eligible to apply for ACT nomination of a closed occupation if you have close ties (job offer or close family) to Canberra and you meet the nomination criteria.
NSW New South Wales Sydney
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ANZSCO 221214: INTERNAL AUDITOR


Major Group: 2 - Professionals | Sub-Major Group: 22 - Business, Human Resource and Marketing Professionals | Minor Group: 221 - Accountants, Auditors and Company Secretaries | Unit Group: 2212 - Auditors, Company Secretaries and Corporate Treasurers

Description: Examines, verifies, evaluates and reports on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assists in business process reviews, risk assessments, developing deliverables and reporting progress against outcomes. Registration or licensing may be required.

Skill Level 1 : Occupations at Skill Level 1 have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Alternative Titles
  • Audit Officer
Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.

UNIT GROUP 2212: AUDITORS, COMPANY SECRETARIES AND CORPORATE TREASURERS


Description: Conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.

Skill Level: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. In the case of Corporate Treasurers and Company Secretaries, at least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Tasks
  • arranging, giving notice of and attending meetings of directors and shareholders
  • advising organisations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
  • supervising organisations' share capital by preparing documents and share issues, and handling share transfers
  • controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
  • identifying, managing and reporting on financial risks
  • assisting with equity management, debt management, securities and taxation planning issues
  • collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
  • devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
  • conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
  • evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
  • reporting to management on the existence and effectiveness of the system of internal controls
  • establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria
Other occupations in this Unit Group
  • 221211 - Company Secretary
  • 221212 - Corporate Treasurer
  • 221213 - External Auditor