Assistant Manager, Internal Audit

Role PurposeIndependently oversees the audit engagement and supervises the internal audit assistants of medium to small size business. Conduct preliminary risk assessment, on the field audit tests and special reviews and submit up the line for further review / guidance.Job Accountabilities & Activities Has a good understanding of risks and provides an overview of risk and gaps at the operating company level to the line manager. Monitors the activities of senior / internal auditors and performs active hands-on function throughout the engagement. Liaison with OpCo management for documenting processes and controls which includes arranging meetings with process owners and obtaining necessary supports to validate the risk control matrix database of the OpCo. Update the systems/ applications risk and control database for Manager’s review. Audits and / or review information reporting and operational systems for small to medium size OpCos with the underlying understanding that his role is limited to that of a consultant without responsibility of ownership. Design of audit plans for small to medium size OpCos by developing / preparing Internal Audit programs / systems / procedures to direct detailed auditing methods of assigned activities & test / check internal controls. Overall management / responsibility of audit engagements up to medium sized operating companies. Develop an understanding of financial, operational and system processes and relevant controls. Liaison with Managers on key risks of the OpCos and related controls. Review of audit progress and periodic reporting to the Manager. Finalize / update audit programs and participate in the field work. Review working papers of senior / internal auditors Prepare / review initial list of issues for discussion with the Audit Manager. Prepare / review Draft Internal Audit Reports for finalization by the Audit Manager. Facilitate /Participate in closing meetings Ensure organized and accurate work papers that support conclusion for each audit objective. Also ensure analysis of findings and interpretation of pertinent regulations to findings. Presents results to Audit Manager for further use in initiating corrective changes, enforcement action, and or legal charges against service providers or personnel. Control all important documents / records & confidential reports pertaining to audit activities of the assigned company / companies & group of functional areas.Education & CertificationsA degree in a Finance / Accounting discipline. Should be qualified / working towards CIA, CPA, ACCA or ACA.Required Years Of ExperienceHeld a senior position in Audit and Assurance / Risk Management function of a well reputed organization / Big 4 for at least 3-4 years.