Audit Manager (3-5 yrs)

Job Summary:

- We are seeking an experienced Audit Manager to lead and manage audit teams in the planning, execution, and reporting of financial and operational audits.

- The Audit Manager will be responsible for ensuring compliance with internal policies, accounting standards, and regulatory requirements.

- This role involves managing a team of auditors, performing risk assessments, and providing strategic insights to senior leadership.

- The ideal candidate will have strong leadership, technical audit knowledge, and a commitment to ensuring the highest standards of financial integrity.

Key Responsibilities:

Audit Planning and Execution:

- Lead the planning and execution of internal audits for various financial, operational, and compliance areas.

- Develop detailed audit plans, ensuring the scope is comprehensive and risks are appropriately addressed.

- Conduct risk assessments to identify potential audit areas and focus resources on the highest-risk areas.

- Perform audits with a clear understanding of audit methodology, ensuring compliance with established standards, policies, and regulations.

Team Management and Development:

- Supervise and mentor a team of auditors, providing guidance on audit procedures and techniques.

- Provide training and development opportunities for junior auditors to enhance their skills and professional growth.

- Conduct performance evaluations and provide constructive feedback to team members.

- Delegate tasks appropriately and ensure that work is completed in a timely and efficient manner.

Audit Reporting:

- Review and analyze audit findings, prepare comprehensive audit reports, and present results to senior management.

- Communicate audit results, including findings, recommendations, and action plans, to stakeholders across the organization.

- Ensure audit reports are accurate, clear, and aligned with company objectives.

- Work closely with department heads and senior management to discuss audit results and recommend improvements.

Risk and Control Evaluation:

- Assess internal controls, processes, and procedures to identify weaknesses and recommend corrective actions.

- Advise management on improving controls, reducing financial risks, and enhancing operational efficiency.

- Ensure that internal controls are being adhered to and recommend improvements where necessary.

Compliance and Regulatory Oversight:

- Ensure that audits are in compliance with applicable accounting standards (GAAP, IFRS), regulatory requirements, and internal policies.

- Keep up-to-date with changes in financial regulations and standards and incorporate them into audit practices.

- Monitor and assess the company's compliance with laws and regulations to minimize exposure to legal and regulatory risks.

Stakeholder Collaboration:

- Collaborate with other departments such as finance, legal, compliance, and IT to ensure audit processes are aligned with organizational goals.

- Build strong relationships with senior leadership and key stakeholders to provide valuable audit insights.

- Provide strategic recommendations to management on improving financial reporting and business operations.

Continuous Improvement:

- Continuously assess and improve audit methodologies, tools, and processes to ensure efficiency and effectiveness.

- Stay abreast of industry trends and best practices in audit, and integrate them into the audit function.

- Promote a culture of integrity and transparency within the audit team and across the organization.

Special Projects:

- Lead or participate in special audit projects and investigations as needed, such as fraud investigations or forensic audits.

- Address any ad-hoc audit-related issues and work closely with senior management on critical initiatives.

Required Skills and Qualifications:

Experience:

- 3+ years of experience in internal or external auditing, with at least 3 years in a managerial or leadership role.

- Proven experience in managing audit teams and delivering comprehensive audits across financial and operational areas.

- Strong knowledge of audit practices, including risk management, internal controls, and compliance regulations.