Manager, Internal Audit Job Description
Manager, Internal Audit Duties & Responsibilities
To write an effective manager, internal audit job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, internal audit job description templates that you can modify and use.
Sample responsibilities for this position include:
Manager, Internal Audit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Internal Audit
List any licenses or certifications required by the position: CIA, CPA, CISA, CFE, CISSP, MBA, CA, IIA, CAMS, CIIA
Education for Manager, Internal Audit
Typically a job would require a certain level of education.
Employers hiring for the manager, internal audit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Business/Administration, MBA, Auditing, Military, Information Technology, Economics
Skills for Manager, Internal Audit
Desired skills for manager, internal audit include:
Desired experience for manager, internal audit includes:
Manager, Internal Audit Examples
Manager, Internal Audit Job Description
- Planning, execution & completion of internal audits including issue of final audit reports, in accordance with departmental policies, methodologies and IIA standards
- Assist with the co-ordination of client expectations
- Co-develop and maintain the client file, risk analysis and audit plan
- Monitor the execution of the audit plan, and risk developments that impact on the plan
- Assist with administrative tasks such as the preparation of key departmental reports
- Make quality decisions regarding the content and presentation of reports
- Assist audit staff in improving their own skill sets through training and direct coaching
- Assist in the preparation of/prepares individual audit plans to ensure that the scope, approach, resourcing and logistics of an audit are appropriately planned
- Obtain, analyze and syntheses information for reporting on the adequacy of the internal control environment
- Based on audit fieldwork, draft audit findings which articulate key issues and risks and propose root causes
- Superior organizational skills to track time spent on projects
- Broad understanding of IT controls and mapping under new COSO guidelines
- Prior audit experience with retail store operations
- Prior audit experience with public companies
- Experience with Audit - Products
- At least 5 years in banking or auditing of financial services
Manager, Internal Audit Job Description
- Plan, organize and deliver work on audit engagements to assess the adequacy of the control framework and document risk issues for business management in a clear and objective way
- Provide input to Head of Audit to develop and agree a risk-based plan that meets regulatory requirements
- Provide a supportive, learning focused environment by managing, developing and appraising staff on the engagement teams
- Support the Head of Audit with Relationship Management/Continuous Auditing work on an on-going basis
- Understanding the technology supporting business processes
- End-to-end lifecycle of IAG training programs
- Designing, developing, and delivering audit-related training program components to diverse groups of auditors with varying levels of experience
- Project management associated with IAG trainings and annual conferences, including coordination with SMEs/instructors, communications, logistics, attendance, and administration of the Learning Management System
- Monitoring regulatory trends and provide auditors with relevant training and communications on regulatory developments, as applicable
- Tracking employee participation in training programs to ensure compliance with IAG training requirements and to provide periodic reporting to IAG management.IAG’s training program and/or audit methodology
- CPA, MBA, or CISA
- Manufacturing industry experience exposure
- Providing support to for special projects led by the greater Professional Practices team, as needed
- Knowledge of both traditional instructor-led delivery methods alternative, e-Learning capabilities
- Willingness to travel 25-35%, international travel is also available if desired
- Manage and monitor time charged to each audit engagement to complete the assignments within the established budgets and timelines
Manager, Internal Audit Job Description
- To plan, carry out and on occasions lead risk driven audit assignments on a functional or area basis under the guidance of a Head of Audit
- Assist the Senior Vice President of Internal Audit in the development of the annual audit plan, strategy and budget to insure coverage of physical and financial assets and risks and compliance with Sarbanes-Oxley compliance requirements
- Assist Vice President in the assessment, tracking, and reporting of Sarbanes-Oxley testing results including control deficiencies
- Provide thought leadership and contribute in developing framework, methodology, programs and tools around new audit areas
- Research and develop new, better approaches in order to improve Internal Audit’s effectiveness
- Responsible for the coordination and execution of multiple audits
- Responsible for the coordination and execution of the supervisory controls testing program in compliance with NYSE Rule 342 and NASD Rule 3012
- Coordinate the execution of outsourced audits and communications with 3rd parties as needed
- Coordinate communications with the external auditors and the execution of audit procedures performed in assistance with the Firm’s annual financial statement audit
- Prepare detailed reports of findings and recommendations for improvement and report audit results to management
- Ability to act with professionalism and diplomacy when communicating with a customer and
- Ability to communicate effectively with all levels of internal management
- Proven experience of Internal Audit plan roll outs
- Development of audit departments
- Strong experience across process/procedure improvement
- Arabic (preferred)
Manager, Internal Audit Job Description
- Represent IA’s views/assessments while working with other departments, and manage the external resources to do the same
- Identify cost recovery opportunities and lead the effort in recouping lost funds, where applicable
- Operational & Financial Audits - 75%
- Execution of audit plan – developing and determining scope, reviewing documents and writing audit reports for review
- Developing comprehensive global risk assessment
- Manage assurance and advisory audit engagements from planning through execution and reporting
- Make controls improvements recommendations to enhance business processes
- Analyze control environments to ensure existing controls are adequate and recommend control design changes where necessary
- Provide assistance to external auditors during interim or annual reviews
- Review, through specific audit assignments, that adequate internal controls are implemented in the Group companies which effectively and efficiently manage the inherent business risks
- Professional certification CIA preferred
- 5-8 years’ progressive experience at a Big 4 accounting firm
- 7-10+ years progressive audit experience in a public accounting firm and/or internal audit department, demonstrating progression in knowledge, experience, and leadership in auditing banking and financial services
- Experience in external & internal audit
- Bachelor’s Degree in accounting, finance, business management or a related field required
- 6+ years of auditing or complimentary business experience required including supervision
Manager, Internal Audit Job Description
- Operates within the context of generally defined processes and internal controls and external governmental compliance and regulatory requirements, , SEC, Sarbanes-Oxley and PCAOB Auditing Standards
- Adhere to departmental professional auditing standards (e.g., IIA professional standards)
- Ensure that all employees' actions are in compliance with policies, standards, procedures and applicable laws and regulations
- Design both preventive and mitigating internal controls
- This position has no direct reports, but will oversee third party audit resources manage audits and special projects
- Assist the SVP of Internal Audit in the development of the annual audit plan, strategy and budget
- Assist SVP in the assessment, tracking, and reporting of Sarbanes-Oxley testing results
- Contribute towards building Internal Audit’s knowledge, technical tools and capabilities at the individual and team level
- Discuss audit issues with management
- Provide support and input related to the management and development of Internal Audit resources
- CPA, CFA, or CIA are preferred
- General knowledge of IT concepts and control frameworks
- Experience performing operational audits
- Exposure to regulators (i.e., FRB, OCC, SEC, FINRA)
- Preferably 5 years of internal audit experience, highly prefer candidates with Manufacturing financial and operational audit experience
- Willing to travel 50% to PRC