Company: Confidential (Internal Auditing Firm – Durban)
Industry: Finance / Auditing / Risk Management
Job Category: Graduate Programme (Internal Audit)
Location: Durban Central, KwaZulu-Natal, South Africa
Contract Type: 12-month Graduate Internship
Remuneration: Market-related (stipend provided)
EE Position: Yes (Employment Equity candidates encouraged)
Closing Date: Not specified (apply immediately)
Introduction
Are you a detail-driven BCom graduate with a passion for internal auditing and risk management? A reputable auditing department in Durban is offering an exciting 12-month Graduate Programme designed to provide hands-on experience across various audit assignments. This is a unique opportunity to immerse yourself in the world of financial control, operational audits, compliance reviews, and risk assessments, all while working alongside experienced audit professionals.
The programme is based in Durban Central, and high-performing candidates may be offered permanent employment upon successful completion of the internship.
Job Description
As a Graduate Internal Audit Trainee, you will provide essential support across a wide range of audit assignments. Under the guidance of the Audit Team, you will:
- Assist in internal control evaluations and risk assessments
- Participate in audit planning, testing, and reporting
- Gain cross-functional exposure to financial, operational, and IT audits
- Contribute to investigations such as compliance reviews and fraud detection
- Ensure that all audit work adheres to ethical standards, corporate policies, and frameworks
This role also includes involvement in ad hoc tasks and special projects, giving you an opportunity to explore different facets of internal auditing and improve your professional acumen in a real-world setting.
Ideal Candidate
The ideal graduate candidate will demonstrate:
- A BCom degree in Accounting with specialization in Auditing
- Strong ethical integrity and understanding of compliance principles
- Attention to detail and analytical thinking
- The ability to communicate clearly and professionally (both written and verbal)
- Eagerness to learn and work under guidance while contributing independently
- The willingness to travel occasionally as required for audit assignments
- Advanced computer literacy, especially in Microsoft Excel and other MS Office tools
Role Responsibility
The key areas of focus and day-to-day responsibilities include:
Auditing Areas Covered:
- Financial statement reviews
- Payment cycle analysis
- Revenue, receipts, and reconciliations
- Payroll audits
- Tax compliance (EMP201, EMP501, ETI assessments)
- Stock takes and inventory audits
- Ad hoc audits involving risk assessment and compliance
Functional Responsibilities:
- Prepare and update Internal Control Frameworks
- Conduct initial risk assessments and assign ratings
- Execute walkthroughs and tests of control
- Document outcomes and identify potential control failures
- Assess the effectiveness of controls and determine residual risk
- Identify process gaps, suggest improvements, and present recommendations
- Attend to management review queries and update documentation
- Complete assigned audits, projects, and ad hoc tasks within stipulated deadlines
- Apply sampling methodologies and extrapolate identified errors to full populations
- Ensure compliance with all relevant legislation, internal procedures, and frameworks
- Collaborate effectively with audit team members and business units across departments
- Submit daily reports detailing completed work and key findings
Skills and Attributes
To succeed in this graduate programme, you’ll need to bring the following key competencies:
- Technical Knowledge: Sound understanding of auditing principles and risk management
- Software Proficiency: Comfortable with Microsoft Office Suite, especially Excel and PowerPoint
- Data Analytics: Ability to interpret and build reports from data sets
- Communication: Effective written and verbal communication for audit reporting
- Initiative: Self-driven and proactive in delivering assigned responsibilities
- Team Collaboration: Willingness to work collaboratively with teams across functions
- Integrity: High standards of ethics and confidentiality
- Time Management: Ability to meet strict audit deadlines and handle multiple assignments
Position Summary
This 12-month Internal Audit Graduate Programme in Durban offers unmatched exposure to practical auditing processes within a professional work environment. It is designed for recent BCom Accounting graduates looking to kickstart their careers in internal auditing and risk assessment.
You will develop a comprehensive understanding of control environments, governance frameworks, and business risk operations—all while receiving mentorship and guidance from experienced audit professionals. Upon successful completion, there may be a chance for permanent placement based on performance and business needs.
If you are passionate about internal auditing and eager to gain practical experience that lays the foundation for a successful career, this opportunity is for you.
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How to Apply
Interested and qualified candidates should submit the following:
- A detailed CV
- Certified copy of ID document
- Certified copy of BCom qualification or academic transcript
- Optional: A brief motivational letter outlining your career goals in auditing
Applications should be submitted via email to the hiring department (email address not provided in the listing – please refer to the original posting or recruitment channel).
Ensure that your subject line reads: Graduate Audit Trainee – Durban.