Internal Audit Senior Associate at PricewaterhouseCoopers (PwC)

Reference Number: 125-NIG00171
Location: Lagos
Department: Assurance
Job type: Permanent

Roles & Responsibilities

• Lead medium to complex engagement teams with responsibility for on-field team activities, coaching, supervision etc. or play a support lead role on complex engagements, usually a multi-location audit with responsibility for some high risk components with minimal supervision.
• Perform timely initial review of less complex file sections to ensure audit documentation is of sufficient quality and depth.
• Manage projects to ensure the right tasks are done at the right time by the engagement team.
• Manage internal communications (including planning and preparation of the team).
• Give appropriate and timely feedback to less experienced team members. Provide upward feedback to reviewers.
• Raise potential issues to engagement manager on a timely basis.
• Take ownership of the completion of assigned work and overall file completion through to file archiving.
• Coordinate the review of audit areas and effectively clear partner and manager comments.
• Provide on-the-job coaching to less experienced team members.
• Understand the budget/scope of work included in the fee estimate and track engagement costs, monitor realization and provide a timely update of progress, including overruns, to the manager and partner.
• Support engagement lead or manager in performing internal risk management procedures on engagements e.g. Affirm, Stop-Go etc.
• Engage other lines of service that could proffer solutions to client issues.
• Take up responsibility for billing and collection.
• Active involvement in proposal development, oral rehearsals and oral presentation to prospective clients.

Required Skills

• Adapts communication based on situation/ people/audience.
• Demonstrates professionalism and maturity to effectively represent PwC.
• Communicates effectively with the client; Makes technical points understandable.
• Shows foresight and initiative in dealing with client issues.
• Exhibits confidence in interactions and effectively contributes to group discussions.
• Effectively delegates work and encourages less experienced staff to ask questions and offer ideas.
• Understands and apply efficiency innovations introduced by the firm.
• Understands client’s culture and politics and is able to adapt to achieve positive results.
• Interacts with component or group teams on Group Internal Audits.
• Possess the maturity to resolve conflicts on engagements.
• Knowledgeable of PwC global tools (e.g. Spark, Knowledge Curve, Global Portal, and PwC Inform) and is comfortable with utilizing them.
• Develops relationships with management and key contact persons.
• Makes quality contributions to the delivery of the three client principles (Engage - Agree Value - Feedback)
• Develops confidence and poise to chair team and client meetings.
• Ability to coach and mentor less experienced members of the team.

Technical:

• Can identify complex technical issues and propose possible solutions using appropriate research and analysis (knows when to involve partner/manager).
• Demonstrates understanding of complex issues with clear, concise documentation.
• Is able to draft client communications and other internal/external reports in a clear, concise and complete way requiring limited edits on review.
• Is able to perform a first level review of reports (ensure that the report tie-out to the work evidenced on aura file, and in line with PwC IA methodology and IIA standards) and effectively clear partner and manager comments.
• Has deep technical skills, can effectively be a subject matter expert (SME) in some areas such as banking, technology, telecommunication, IFRS, auditing etc.
• Demonstrates an advanced understanding of regulatory pronouncements that are applicable to client’s business and industry (e.g. CAMA, FRCN Act, BOFIA, SEC).
• Can effectively plan and design an audit approach that complies with PwC Internal Audit methodology and IIA standards.
• Is able to appropriately modify the audit approach for change in circumstance or new information.
• Takes ownership of planning, performing risk assessment and designing an audit approach that complies with PwC Internal Audit methodology and IIA standards.
• Demonstrates a deep understanding relationships between objectives, risks and controls within business processes and apply that understanding to develop and audit plan with coaching from a manager.
• Able to lead the identification, documentation of key controls in significant business processes, evaluate these controls for design and operating effectiveness and document work in a concise and coherent manner.
• Completes a timely initial review of less complex file sections to ensure audit documentation is of sufficient quality and depth.
• Understands when specialist assistance is required and assists in coordinating with PwC specialists.
• Is able to reach sound conclusions and clearly document thought process.
• Is aware of and applies the various technical alerts that are released by the firm.
• Demonstrates knowledge and understanding of internal risk management procedures on engagements.

Required Experience and Qualification

• B.Sc. Degree in any course with minimum 2.1 GPA
• ACA, ACCA, CIA (State appropriate level).
• Knowledge of Internal audit management tools and solutions.
• Minimum of 4-6 years working experience.