Occupation Profile – Internal Auditor – (ANZSCO 221214) – Skilled / Employer-Sponsored Migration

Occupation TitleINTERNAL AUDITOR
ANZSCO Code221214
Occupations in this Group221211 Company Secretary
221212 Corporate Treasurer
221213 External Auditor
221214 Internal Auditor
DescriptionExamines, 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 is required.
Skill Level1
Alternative TitleAudit Officer
Occupation ListMedium and Long-term Strategic Skills List (MLTSSL)
Combined list of eligible skilled occupations for subclasses 457 and 186
CaveatsNone
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
Skills Assessment AuthorityVETASSES
Related Occupations221211 Company Secretary
221212 Corporate Treasurer
221213 External Auditor
State Sponsorship OptionsSkilled Nominated visa (subclass 190) Sponsorship
Skilled Regional (Provisional) visa (subclass 489) Sponsorship
English RequirementsCompetent English (e.g. IELTS: at least 6 in each skill)