221214 Internal Auditor

ANZSCO Occupation Code: 
221214
ANZSCO Occupation Name: 
Internal Auditor
Skill Assessing Authority: 
Medium and Long-term Strategic Skills List: 
Yes
Short-term Skilled Occupation List: 
No
Regional Sponsored Migration Scheme: 
Yes
LMT Protected Occupation: 
No
ANZSCO Occupation Description: 

221214 INTERNAL AUDITOR

Alternative Title:
Audit Officer

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

ANZSCO Skill Level: 
1

2212 Auditors, Company Secretaries and Corporate Treasurers

ANZSCO Unit Group Code: 
2212
ANZSCO Unit Group Name: 
Auditors, Company Secretaries and Corporate Treasurers
ANZSCO Unit Group Description: 

2212 AUDITORS, COMPANY SECRETARIES AND CORPORATE TREASURERS

AUDITORS, COMPANY SECRETARIES AND CORPORATE TREASURERS conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.
Indicative Skill Level:
In Australia and New Zealand:
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 Include:

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

Avg. weekly earnings - males (May 2012): 
2 016.80
Avg. weekly earnings - females (May 2012): 
1 532.10
Avg. weekly earnings - persons (May 2012): 
1 740.60