Job Summary:
The Internal Audit Manager will oversee the internal audit function, ensuring the companys financial transactions, internal controls, and operational procedures are properly evaluated and aligned with industry standards and regulations. This role involves risk assessment, auditing, and providing assurance and consulting services to enhance internal processes, controls, and operational effectiveness. The successful candidate will manage and lead a team of internal auditors while communicating key findings to senior management.
Key Responsibilities:
Audit Planning and Execution:
Develop and implement comprehensive audit plans, including assessing risks, defining scope, and ensuring audits are conducted efficiently and effectively to evaluate financial transactions, internal controls, and operational procedures.
Risk Assessment:
Identify potential risks and vulnerabilities in the companys projects, financial systems, and operations. Recommend strategies and measures to mitigate these risks and enhance the companys risk management framework.
Compliance Monitoring:
Ensure the company complies with relevant laws, regulations, contractual obligations, and industry standards. Provide recommendations for improvement in areas where gaps are identified.
Reporting and Communication:
Communicate audit findings and recommendations to senior management and relevant stakeholders. Prepare detailed audit reports that summarize the outcomes, risks, and recommended actions for improvement.
Collaboration and Consulting:
Work closely with management and department heads to enhance internal processes, strengthen controls, and improve overall operational efficiency. Provide consulting services to assist departments in meeting their operational goals.
Follow-up Audits:
Conduct follow-up audits to ensure corrective actions have been implemented and are effectively addressing identified risks and control deficiencies.
Qualifications and Skills:
Bachelors degree in Accounting, Finance, Business Administration, or related field.
Professional certification (e.g., CIA, CPA, CISA) is highly preferred.
5 to 7 years of experience in internal auditing, financial analysis, or a related field, with at least 2 years in a managerial role.
Strong knowledge of internal control frameworks, risk management, auditing standards, and industry regulations.
Excellent analytical skills and attention to detail.
Ability to communicate complex issues clearly and effectively to senior management.
Strong leadership, team management, and project management skills.
Experience with audit software and data analysis tools is a plus.