Internal Audit Manager

Overview

The Internal Audit Manager is responsible for developing, implementing, and maintaining the organization’s internal audit framework to ensure compliance with regulatory requirements and safeguard the company’s assets. This role involves conducting risk assessments, performing internal audits, and providing recommendations for process improvements. The ideal candidate will possess advanced knowledge of audit principles, processes and programs, excellent analytical skills, and a proactive approach to identifying and mitigating risks.

Responsibilities

• Design, document, implement and evaluate the organization’s internal control environment to ensure compliance with applicable regulations (SOX, COSO framework); applying a top down, risk-based approach to assess strategic, operational, compliance and financial risks for key business and finance processes
• Develop detailed test plans and complete fieldwork for operational and compliance audits; utilize data analytics to aid in the planning and execution of the audit.
• Apply benchmarked methodology/frameworks to assess end-to-end processes applying a risk-based approach.
• Plan and execute periodic internal audits to identify key areas of financial, operational, and compliance risk, documenting findings and providing actionable recommendations for improvement.

• Provide internal control support and training to management and staff relevant to their departments and reinforce individuals’ understanding of their own accountability for individual risks and controls
• Collaborate with cross-functional teams to implement and monitor remediation efforts for control deficiencies.
• Prepare audit reports and present findings to senior management, ensuring clarity and alignment on action plans.
• Develop and deliver training to stakeholders on internal control processes and risk management practices.

• Stay updated on industry regulations and best practices to maintain a robust and compliant internal control framework.
• Act as a liaison with external auditors during the review of internal controls and provide necessary documentation and support.
• Easily adapt between working independently and reciprocally on a team, perform follow-up reviews, and report on the status of action plans to implement internal control improvements derived from internal audit projects.
• Lead or assist in special projects and investigations as needed, ensuring the integrity of company processes.
• Continuously evaluate and enhance internal control policies and procedures to improve efficiency and effectiveness.
• May be expected to travel up to 10% of time

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 8 years of experience in internal audit, risk management, or compliance roles.
• Strong understanding of Internal Auditing methodologies and standards and adept at assessing complex processes to identify potential financial, operational, and compliance risks warranting audit attention.
• Advanced knowledge of internal control frameworks and regulatory standards
• Proficiency in audit software, ERP systems, and Microsoft Excel.
• CPA or CIA certification
• Big Four accounting firm experience is a plus