Internal Auditor – Accounting & Project Controls

Internal Auditor – Accounting & Project Controls

About the Role

Three Dukes Builders Limited is seeking a professional, independent and detail-oriented Internal Auditor to review the company’s financial records, construction project costs, payment processes and internal control systems.

The successful candidate will work across the company’s accounting, construction and property development activities. You will review financial transactions and project records, identify discrepancies and financial risks, recommend practical improvements and report material matters directly to the Director.

This position requires strong accounting and audit knowledge, sound commercial judgement, discretion and the ability to examine financial information objectively.

Key Responsibilities

• Review company bank transactions, accounting records, accounts payable, accounts receivable, supplier invoices, GST records, loan records, management accounts and relevant payroll records.
• Review construction and development project budgets, actual expenditure, cost-to-complete forecasts, project income and overall project profitability.
• Examine project variations, progress claims, retentions, labour costs, payment schedules and final accounts.
• Review supplier and subcontractor quotations, contracts, invoices, payment claims, variations, retention balances and supporting documentation.
• Check producer statements, PS3 certificates, completion records and other project documentation relevant to payments and project completion.
• Verify that payments are supported by appropriate invoices, contracts, approvals, purchase records and project documentation.
• Identify duplicate payments, unusual transactions, unauthorised purchases, overcharging, incorrect cost allocations and other financial discrepancies.
• Review whether project costs have been accurately recorded and allocated to the correct company, project and cost category.
• Compare approved project budgets against actual and forecast costs and investigate material variances or cost overruns.
• Review related-party transactions involving directors, shareholders, associated companies or other connected parties.
• Report material related-party matters, conflicts of interest and financial risks directly to the Director.
• Assess the effectiveness of the company’s payment approval, purchasing, procurement, cost-control and record-keeping procedures.
• Recommend practical improvements to internal controls, cash-flow monitoring, document management and financial reporting systems.
• Conduct internal investigations when authorised by the Director.
• Investigate suspected fraud, duplicate payments, overcharging, unauthorised purchases, missing assets, conflicts of interest and other financial irregularities.
• Gather and review relevant financial records, contracts, invoices, electronic records and supporting evidence during an investigation.
• Prepare clear internal audit reports setting out the scope of work, findings, discrepancies, compliance issues, risks and recommended corrective actions.
• Maintain an internal register of audit findings, agreed corrective actions and follow-up status.
• Follow up with relevant personnel to confirm whether corrective actions have been completed.
• Promptly report suspected fraud, material irregularities, serious policy breaches and significant financial risks directly to the Director.
• Maintain confidentiality, independence, objectivity, integrity and accurate audit records at all times.
• Perform other lawful and reasonable duties consistent with the Internal Auditor position.

Minimum Qualifications and Experience

Applicants should have:

• A bachelor’s degree or higher qualification in Accounting, Auditing, Finance, Business Administration or a closely related field.
• Relevant professional experience in internal auditing, external auditing, accounting, financial control or forensic review.
• Experience reviewing financial transactions, invoices, bank records, payment approvals and management accounts.
• Sound knowledge of accounting principles, internal controls, GST, financial reporting and audit procedures.
• Strong analytical and problem-solving skills with excellent attention to detail.
• The ability to identify errors, unusual transactions, financial risks and weaknesses in internal processes.
• The ability to handle confidential and commercially sensitive information appropriately.
• Strong written communication and professional report-writing skills.
• The confidence to communicate material findings objectively and directly to senior management or a Director.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Experience using accounting, audit or financial-management software.
• The ability to work independently, manage priorities and meet reporting deadlines.
• High standards of honesty, integrity, professionalism and accountability.

Experience in construction, property development, project accounting, subcontractor claims or construction cost control would be an advantage.

What We Are Looking For

We are looking for a methodical and trustworthy professional who can independently assess financial records and internal processes, clearly explain identified risks and recommend practical corrective actions.

The ideal candidate will understand both accounting controls and the commercial realities of construction and property development. They must be comfortable examining complex transactions, questioning inconsistent records and reporting significant matters directly to the Director.

How to Apply

Please submit the following through Jobspace:

• Your current CV.
• A cover letter explaining your relevant audit and accounting experience.
• Details of your qualifications.

Shortlisted applicants may be asked to provide evidence of their qualifications, employment history and professional references.