Vacancy Name Internal Auditor
Employment Type Permanent
Country United Kingdom
Location Liverpool
Business Area Corporate
Workplace Type Hybrid
About Princes The Princes Group has over 7,000 employees with offices and production sites in the UK, Netherlands, Italy, Poland, France and Mauritius. Princes manufactures 350 different food and drink products responsibly sourced and enjoyed by consumers every day. None of this would be possible without striving to be an employer of choice, where our colleagues are proud to represent our business.
Role Description
Job Purpose
The Internal Auditor will be primarily responsible for assisting the IAM in ensuring Princes Group plc and its subsidiaries maintain compliance with the Group's Internal Control over Financial Reporting ("ICFR") program.
The role will perform internal audits in line with the risk-based internal audit plan within Princes Group plc. As part of this process audit findings will be discussed with management and recommendations agreed to close the identified issues.
The role will also provide support on ad hoc controls and risk-related projects across Princes Group plc, working collaboratively with functional Directors to deliver targeted initiatives as required.
Dimensions
Support ICFR compliance by testing the design and operating effectiveness of internal controls and assisting with remediation activities.
Assist in managing the Segregation of Duties (SoD) review process, including conflict identification and documentation.
Perform internal audits in line with the approved risk-based internal audit plan, including fieldwork, reporting, and issue tracking.
Maintain audit documentation and testing timetables to support internal and external reporting requirements.
Provide support on ad hoc controls and risk-related projects, collaborating with functional Directors to deliver targeted initiatives.
Contribute to strengthening the internal control environment by supporting governance, transparency, and risk mitigation efforts.
Role Requirements
Principal Responsibilities
Internal Control Testing (ICFR Program)
Assist in delivering the Group's ICFR program by performing the following key activities:
Review process documentation and update Risk Control Matrices (RCMs) to understand the processes and controls under review.
Coordinate with process owners to schedule testing and confirm required evidence.
Execute control testing in line with defined test scripts and quality standards, ensuring accurate and complete documentation for review.
Maintain the testing timetable and provide timely updates to support status reporting.
Support remediation activities by reviewing corrective actions, re-testing amended controls, and confirming closure of issues.
Prepare and maintain audit files for external auditor review, ensuring completeness of evidence and addressing any queries promptly.
Segregation of Duties (SoD) Oversight
Support the management of the SoD review process to ensure compliance with internal control objectives. Responsibilities include:
Coordinating periodic SoD reviews across SAP ERP and relevant functions.
Identifying and escalating conflicts or breaches for remediation.
Tracking and validating corrective actions to confirm resolution.
Maintaining accurate documentation and reporting status to the IAM.
Internal Audit Execution
Perform internal audits in line with the approved risk-based internal audit plan. Key activities include:
Support the development of audit programs based on identified risks and agreed scope.
Executing and documenting audit fieldwork to assess the adequacy and effectiveness of controls.
Preparing audit files to a standard suitable for review and external assurance.
Drafting audit reports, discussing findings with management, and agreeing on practical recommendations.
Maintaining and monitoring the audit issue log to ensure timely resolution of agreed actions.
Ad Hoc Controls and Risk Projects
Provide support on ad hoc controls and risk-related initiatives across Princes Group plc, including:
Assist with control design and implementation during business change projects.
Advise on risk mitigation strategies in collaboration with functional Directors.
Prepare status reports and updates for the IAM and senior stakeholders.
Identify opportunities to improve audit processes and control effectiveness.
Knowledge, Skills & Experience
Knowledge
Solid understanding of audit methodology, internal controls, and financial reporting standards (GAAP/IFRS).
Familiarity with ERP systems (e.g., SAP) and core business processes.
Awareness of IT risks and basic control principles.
Skills
Ability to execute control and audit testing with accuracy and attention to detail.
Strong analytical skills with proficiency in Excel (pivot tables, lookups); advanced skills (macros, formulas) desirable.
Clear and concise documentation and reporting skills.
Effective communication with stakeholders at various levels.
Ability to work independently and manage multiple assignments.
High level of integrity and ability to handle confidential information.
Experience & Qualifications
3–5 years of practical audit experience (internal or external), including planning and executing audits.
Actively studying towards a professional qualification (e.g., ACCA, ACA, CIA) or willing to commence.
Experience leading small audits or contributing to audit fieldwork.
Exposure to relevant industry sectors (e.g., manufacturing, FMCG) desirable.
Benefits:
25 Days Annual Leave plus Birthday off
14.5% Pension – 5% employee opt in / 9.5% employer
Hybrid & Flexible Working - 4 Days in Office / 1 Day WFH
Flexible Holiday Option - Buy 5 Additional Days
Enhanced Family Friendly & Carers Policies
Critical Illness Cover
Learning & Development Opportunities