Internal Audit Officer

Grade: IS-2
Deadline: 11 June 2024 (11:59 PM KST)
Job Category: International
Salary: USD 96,200 (plus attractive benefits, that include the following allowances (as applicable): Relocation, dependency, housing, education assistance and home country travel.

Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. By the end of 2023, GCF had a portfolio of 243 projects in 129 countries, committing a total of USD 13.5 billion to date.

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact.

GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.

You will be able to quickly scan and analyze complex, competing issues and lead significant sized teams to find solutions in evolving contexts, across multiple geographic locations.

You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds. Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

Interested in more information?
Learn about working for GCF: https://www.greenclimate.fund/about/careers
View current vacancies: https://jobs.greenclimate.fund/

About the Green Climate Fund (GCF)
Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart. GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities.

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

Position Objective
The Internal Audit Officer reports to the Head of the Office of Internal Auditor (OIA) and is primarily responsible for contributing to internal audit assignments and assisting the Head of Internal Audit and Internal Audit Specialists to determine whether the design and implementation of the Fund’s risk management, controls, and governance processes provide reasonable assurance that resources are used effectively and economically; the Board and senior management are provided with accurate and reliable financial and operational information; the Fund’s assets and reputation are safeguarded; Fund decisions, policies and guidelines are complied with; and the Fund’s programmes, plans and business objectives are being or are likely to be achieved.

In particular, s/he is responsible for supporting the Internal Auditor in the performance of his/her duties, and ensuring that the OIA complies with relevant technical standards (including the Global Internal Audit Standards (GIAS) of the Institute of Internal Auditors (IIA)) and meets the strategic needs of the Fund).

Purpose

• Support in the conduct of risk-based audit and advisory engagements in compliance with Global Internal Audit Standards of the IIA in support of the strategic needs of GCF.
• Support OIA in the monitoring of the implementation of agreed management plans of action in response to internal audit recommendations.

  Engagement

  • Provide substantive input in the internal audit and advisory engagement and interact with GCF middle management and staff about the conduct of OIA engagements and the implications of their results.
  • Communicate with auditees to effectively collect information and documentation, seeking clarification where needed and develop findings for the review of OIA Internal Audit Specialist or Head of OIA.

    Delivery

    • Contribute to prepare risk-based audit plans and programmes for the review of the team leader or Head of OIA.
    • Document, evaluate and test systems and controls to determine their adequacy and effectiveness to ensure: (i) compliance with policies and procedures; (ii) accomplishment of management’s objectives; (iii) reliability and integrity of information; (iv) economic use of resources; and (v) safeguarding of assets.
    • Prepare structured, comprehensive and conclusive working papers supporting audit issues for the review of the lead auditor or Head of OIA.
    • Conduct data collection and analysis using data-analysis tools and create data visualizations for internal or external use to support report writing and presentations.
    • Prepare analysis of client’s responses to recommendations action plans for the review of the Internal Audit Specialist or the Head of OIA.
    • Performs other assignments or tasks as determined by the Head of OIA.

      Requirements (Education, experience, technical competencies required of the job)

      Education

      • Master degree in Business Administration, Public Administration, Finance, or related field (Bachelor degree in same fields plus two (2) additional relevant experience might be considered). Relevant professional certification in internal audit is essential (CIA issued by the IIA). Other certifications are considered (CA, CPA), and specific certification such as CISA, CRMA or CFE is an advantage.

      • Experience

        • 4 years post-qualification of relevant professional experience in audit or directly related field is required. Experience in multilateral organization, is desirable.
        • Experience in auditing ICT and systems is a plus.
        • Experience in using data analytics tools, such as IDEA, ACL, Tableau, Power BI and/or Excel, for analysis of entire populations of data is required.

          Competencies:

          • Demonstrated knowledge of audit technics and ability to take ownership in the conduct of internal audit engagements, identifying priorities and allocating appropriate amount of time and resources to complete the assignment and honour commitments.
          • Ability to work collaboratively with different stakeholders by soliciting input and genuinely valuing others’ ideas and expertise and effectively collect and gather information necessary for the conduct of audit assignments or the monitoring of recommendations implementation.
          • Strong communication skills with demonstrated ability to listen to auditees and other stakeholders when conducting the audits, showing visible engagement by asking questions to clarify audit points. Ability to tailor language, tone, style and format to match audience.
          • Demonstrated willingness to keep abreast of and learn new available technologies and looking at potential applicability to the support the audit engagements and audit results communication.

            Languages

            • Excellent command of written and oral English is essential; familiarity with another UN language is an advantage.

              The closing date for application is 11 June 2024. Applications submitted after the deadline may not be considered.

              *The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.

              Applications from women and nationals of developing countries are strongly encouraged to apply.