Internal Audit Manager

Job Description: Internal Audit Manager

Position: Internal Audit Manager

Experience: Minimum 5 years

Qualification: Chartered Accountant (CA) or CA Intermediate

Key Responsibilities:

Audit Planning and Execution:

• Lead and manage the internal audit function to assess the effectiveness of the organizations internal controls, risk management, and governance processes.
• Develop and execute comprehensive risk-based internal audit plans, ensuring alignment with organizational objectives.
• Conduct audits across various departments and functions, including finance, operations, and compliance, ensuring thorough evaluation of business processes
• Risk and Control Assessments:
• Evaluate risk management processes and identify areas of risk exposure.
• Assess the effectiveness of internal controls and recommend enhancements where needed to improve operational efficiency, minimize financial risks, and ensure compliance with regulations
• Audit Reporting and Documentation:
• Prepare detailed audit reports, documenting findings, risks, and recommendations for corrective actions.
• Communicate audit findings to senior management and stakeholders, providing clear, actionable insights.
• Follow up on the implementation of audit recommendations, ensuring corrective actions are taken
• Compliance and Regulatory Assurance:
• Ensure that the organization complies with relevant laws, regulations, and standards (such as SOX compliance).
• Monitor changes in regulatory requirements and adjust internal audit procedures accordingly
• Team Leadership and Development:
• Supervise and mentor a team of auditors, providing guidance and professional development opportunities.
• Review audit work papers and ensure that audit standards and methodologies are followed.
• Assist in the recruitment and training of junior auditors to build a high-performing audit team
• Continuous Improvement:
• Stay up-to-date with industry trends, best practices, and emerging risks.
• Promote continuous improvement within the audit function through the development of new tools, techniques, and methodologies to enhance the audit process
• Collaboration and Stakeholder Management:
• Collaborate with department heads, senior management, and external auditors to ensure the integration of internal audit activities with broader organizational goals.
• Establish and maintain strong relationships with stakeholders, providing advisory support as needed.

Required Qualifications and Skills:

• Experience: Minimum of 5 years of experience in internal audit, with a solid understanding of audit methodologies, risk management and internal controls.
• Knowledge: In-depth knowledge of audit standards, financial regulations, and internal control frameworks (e.g., COSO, SOX).
• Technical Skills: Proficiency in MS Office Suite (Excel, Word, PowerPoint) and audit software/tools. Familiarity with ERP systems (e.g., SAP, Oracle) is a plus.
• Analytical Skills: Strong analytical and problem-solving skills, with the ability to assess complex business processes and recommend improvements.
• Communication Skills: Excellent verbal and written communication skills, with the ability to present audit findings to senior management and stakeholders.
• Leadership: Ability to lead and develop a team, managing multiple priorities and deadlines effectively.
• Attention to Detail: Strong attention to detail, ensuring that all audit activities are thoroughly completed with a high degree of accuracy.

Desirable Skills:

• Experience in a public accounting firm or multinational organization.
• Certification in Internal Audit (CIA) or similar certifications would be an advantage.
• Experience in areas such as IT audits, forensic audits, or operational audits is a plus
• Validate the contract Bills and other Site Activities

Key Responsibilities

Having technical expertise involved in different activities at site Civil, Procurement of Machinery, Steel etc.

Review and validate the work completion certified by engineer in charge (EIC)

Validate the contractors bills against the work order requirements

Validate the capex requirements for different site activities.

Manpower requisition is based on proper justification of operation activities based on planning and operation activities.

Review and perform detailed analysis of other site activities maintenance, security, admin.