Assistant Manager - Audit (6-8 yrs)

- As a Capital Project Assistant Manager, you will play a crucial role in evaluating and enhancing the effectiveness of internal controls and operating practices within our organization.

- This role involves conducting audits, identifying risks, and providing recommendations to improve the efficiency and reliability of capital project management processes.

- The ideal candidate will have a strong understanding of project management principles, coupled with expertise in internal audit practices.

Responsibilities:

- Evaluate the efficiency of internal controls and operating practices related to budgeting, procurement, contracting, and project execution

- Plan and execute internal audits of capital projects to assess compliance with policies, procedures, and regulatory requirements.

- Stay informed about company policies, industry developments, and relevant laws.

- Identify and assess risks associated with capital projects, including cost overruns, schedule delays, and scope changes.

- Perform testing of controls to determine their adequacy and effectiveness in mitigating identified risks.

- Document audit findings, including deviations from established policies and procedures, and communicate results to relevant stakeholders.

- Collaborate with project managers and other stakeholders to develop remediation plans for identified control deficiencies.

- Monitor the implementation of remediation plans to ensure timely and effective resolution of audit findings.

- Provide guidance and support to project teams on internal control best practices and compliance requirements.

- Conduct various audit steps to assess accounting, financial, and operating controls.

- Coordinate with management, administrators, and external audit agencies.

- Mentor and train audit staff.

- Stay abreast of industry developments and regulatory changes relevant to capital project management and internal audit

- Prepare formal written reports with recommendations for improving operations and identifying cost-saving opportunities.

Qualifications:

- 8 years of experience

- Master's in related field is must

- Relevant years of experience in internal audit, with a focus on capital projects or project management

- Strong understanding of project management principles, methodologies, and best practices.

- Knowledge of internal control frameworks (e.g., COSO) and their application to capital project management.

- Excellent analytical and problem-solving skills, with the ability to identify risks and control deficiencies.

- Effective communication skills, both verbal and written, with the ability to present complex information clearly and concisely.

- Ability to work independently and collaboratively in a dynamic environment, managing multiple priorities and deadlines.

- Proficiency in audit software and Microsoft Office applications