Internal Audit Manager

Job Description

Key Responsibilities

1. Audit Planning and Execution

• Develop and implement a comprehensive risk-based annual audit plan.

• Lead audit engagements, including planning, scoping, execution, and reporting.

• Evaluate financial, operational, and compliance risks.

2. Risk Management

• Identify key risks within the organization and recommend strategies to mitigate them.

• Monitor the effectiveness of risk management practices and internal controls.

3. Compliance and Governance

• Ensure compliance with applicable laws, regulations, and internal policies.

• Assess the organization’s adherence to ethical standards and governance policies.

• Stay updated on regulatory changes and their potential impact on the organization.

4. Reporting and Recommendations

• Prepare detailed audit reports with findings, risks, and actionable recommendations.

• Present audit results to senior management and the Audit Committee.

• Follow up on the implementation of audit recommendations to ensure timely resolution.

5. Team Leadership

• Supervise, mentor, and develop a team of internal auditors.

• Allocate resources effectively to meet audit objectives.

• Foster a culture of accountability, transparency, and continuous improvement.

6. Collaboration and Stakeholder Engagement

• Work closely with management to understand business processes and objectives.

• Provide advisory services to improve operational efficiencies and internal controls.

• Act as a liaison between external auditors and the organization.

Key Qualifications

Education –

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• Professional certification such as CPA, CIA, CISA, or equivalent is required.

Experience –

• Minimum 7-10 years of experience in internal auditing, risk management, or a related field.

• Prior experience in a leadership or managerial role is preferred.

• Strong knowledge of internal control frameworks, such as COSO or COBIT.

Skills –

• In-depth understanding of financial and operational auditing.

• Proficiency in data analytics tools and techniques.

• Excellent leadership, communication, and interpersonal skills.

• Strong problem-solving and critical-thinking abilities.

• Ability to manage multiple priorities and deliver results under tight deadlines.