| Occupation Title | INTERNAL AUDITOR |
| ANZSCO Code | 221214 |
| Occupations in this Group | 221211 Company Secretary 221212 Corporate Treasurer 221213 External Auditor 221214 Internal Auditor |
| 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 is required. |
| Skill Level | 1 |
| Alternative Title | Audit Officer |
| Occupation List | Medium and Long-term Strategic Skills List (MLTSSL) |
| Combined list of eligible skilled occupations for subclasses 457 and 186 | |
| Caveats | None |
| 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 Authority | VETASSES |
| Related Occupations | 221211 Company Secretary 221212 Corporate Treasurer 221213 External Auditor |
| State Sponsorship Options | Skilled Nominated visa (subclass 190) Sponsorship |
| Skilled Regional (Provisional) visa (subclass 489) Sponsorship | |
| English Requirements | Competent English (e.g. IELTS: at least 6 in each skill) |