What are the responsibilities and job description for the Associate Manager, Internal Audit position at KNM Resources?
Reporting to the Vice President of Internal Audit, the Associate Manger Internal Audit plans and conducts various financial, compliance, and operational audits in accordance with accepted professional standards.
The conclusions of these audits will allow management to assess the effectiveness of internal controls and levels of operational efficiency throughout the organization. This includes consistent and fair reporting of the status of the company’s internal control systems, the management of outsourced projects, the findings and recommendations of external auditors, and the overall viability and reliability of financial information
Responsibilities:
• Implementing and maintaining audit procedures designed to provide assurance that operations, financial statements, and reports comply with company policy, as well as generally accepted accounting principles. The Associate Manager Internal Audit will design and conduct tests to assess whether internal accounting controls are adequate to ensure compliance with Sarbanes Oxley legislation and safeguard company assets. These will cover programs for accounting, financial, information systems, and operational controls.
• Report audit findings and make recommendations for corrective actions.
• Coordinating Internal Audit activities with those of the external auditors to ensure proper audit coverage, elimination of duplicate efforts, and improved efficiency and effectiveness of audit activities.
• Developing strong, professional and independent relationships with functional management and their staffs.
• Perform specific audit procedures and prepare work papers documenting the audit procedures performed.
• Prepare comprehensive written reports.
• Follow-up to determine adequacy of corrective actions.
• Provide assistance to external auditors as requested.
