Audit Manager oversees the planning, execution, and completion of internal and external audits. This role ensures that financial statements, operations, and internal controls comply with regulatory standards, company policies, and best practices. The Audit Manager leads audit teams, identifies risks, and provides actionable recommendations to management.
Key Responsibilities
1. Audit Planning & Execution
- Develop and implement annual audit plans
- Conduct risk assessments to prioritize audit areas
- Supervise the execution of audit engagements (financial, operational, compliance, IT)
- Review audit workpapers and ensure completeness and accuracy
2. Reporting & Recommendations
- Prepare clear and actionable audit reports for management and stakeholders
- Identify internal control weaknesses and recommend improvements
- Monitor corrective actions and follow-up on audit recommendations
3. Compliance & Risk Management
- Ensure compliance with accounting standards, regulatory requirements, and company policies
- Identify and assess risks across departments and operations
- Recommend risk mitigation strategies and control enhancements
4. Team Leadership & Development
- Lead and mentor audit staff and junior auditors
- Assign tasks, review work, and evaluate team performance
- Promote continuous learning and professional development within the audit team
5. Coordination & Stakeholder Management
- Coordinate with external auditors and regulatory bodies
- Serve as the primary contact for audit-related inquiries
- Liaise with management to ensure audit findings are understood and implemented
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- Certified Public Accountant (CPA) license preferred
- 5+ years of experience in auditing or accounting, including supervisory experience
- Strong knowledge of accounting principles, internal controls, and risk management
- Proficiency in audit software and MS Office
Key Competencies
- Analytical and critical thinking
- Attention to detail
- Leadership and team management
- Effective communication and reporting skills
- Problem-solving and decision-making