Internal Audit Manager

Duties & Responsibilities:

- Gather information from a company’s financial reporting systems, account balances, cash flow statements, income statements, balance sheets, tax returns, and internal control systems and ensure that no fraud or gross errors are present in the company.

- Confer with company officials about financial and regulatory matters.

- Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.

- Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.

- Audit payroll and personnel records to determine unemployment insurance premiums, workers& compensation coverage, liabilities, and compliance with tax laws.

- Supervise auditing of establishments and determine scope of investigation required.

- Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.

- Prepare detailed reports on audit findings.

- Report to management about asset utilization and audit results and recommend changes in operations and financial activities.

- Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.

- Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.

- Review accounts receivable, invoices, vendor payments, and billing procedures to ensure compliance with accounting guidelines.

- Preparing periodic reports that compare budgeted costs to actual costs.

- Reviews invoices before payment.

- Fostering a culture of teamwork, collaboration, and open communication.

- Train and mentor junior auditors, as well as providing them with the resources and support they need to succeed.