Internal audit Manager

Job Summary

The Internal Audit Manager is responsible for leading and managing the internal audit function to provide independent assurance on the effectiveness of governance, risk management, and internal control processes. The role involves developing audit plans, overseeing audit engagements, identifying risks, ensuring compliance with regulatory requirements, and providing recommendations to improve operational efficiency and safeguard company assets.

Key Responsibilities Audit Management

• Develop and implement the annual internal audit plan based on organizational risks.
• Lead and manage internal audit engagements from planning through reporting and follow-up.
• Review audit workpapers, findings, and reports to ensure quality and compliance with professional standards.
• Monitor the implementation of corrective actions arising from audit findings.

Risk Management & Compliance

• Evaluate the effectiveness of internal controls and risk management processes.
• Assess compliance with company policies, procedures, laws, and regulations.
• Identify potential risks and recommend mitigation strategies.
• Support the organization in maintaining strong governance practices.

Team Leadership

• Manage, mentor, and develop internal audit staff.
• Allocate audit assignments and monitor team performance.
• Provide training and guidance on audit methodologies and best practices.
• Foster a culture of continuous improvement and professional development.

Reporting & Stakeholder Management

• Prepare and present audit reports to senior management and relevant committees.
• Communicate audit findings, risks, and recommendations clearly and effectively.
• Build strong relationships with management and key stakeholders across the business.
• Provide advisory support on internal control and process improvement initiatives.

Continuous Improvement

• Stay current with industry trends, regulatory developments, and audit best practices.
• Enhance audit methodologies, tools, and processes.
• Promote the use of data analytics and technology within the audit function.

Minimum Requirements

• Bachelor's Degree in Accounting, Finance, Auditing, or a related field.
• Professional qualification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), or equivalent.
• Minimum 5-8 years of internal or external auditing experience.
• At least 2-3 years of management or supervisory experience.
• Strong knowledge of auditing standards, risk management frameworks, and internal controls.

Skills and Competencies

• Strong leadership and people management skills.
• Excellent analytical and problem-solving abilities.
• Advanced report-writing and presentation skills.
• Strong understanding of financial and operational processes.
• High level of integrity, professionalism, and confidentiality.
• Excellent communication and stakeholder management skills.
• Proficiency in Microsoft Office and audit management software.

Key Performance Indicators (KPIs)

• Completion of the annual audit plan.
• Timely issuance of audit reports.
• Implementation rate of audit recommendations.
• Quality and effectiveness of audit engagements.
• Reduction in identified control weaknesses and compliance issues.
• Team performance and development.

Preferred Experience

• Experience in manufacturing, logistics, mining, engineering, security services, or a similar operational environment.
• Experience with ERP systems such as SAP, Sage, Oracle, or Microsoft Dynamics.
• Knowledge of corporate governance, risk management, and compliance frameworks.