Internal Audit Manager

The Internal Audit Manager is responsible for leading and managing the organization's internal audit function. This role ensures the effectiveness of internal controls, compliance with applicable laws and regulations, risk mitigation, and improvement in operational efficiencies. The individual will provide strategic direction for audit activities and offer actionable insights to the senior leadership team.

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.