The Internal Audit Assistant Manager/ Manager is a key member of our Internal Audit consulting practice, responsible for executing internal audit engagements for clients across various industries. This role involves participating in risk assessments, performing testing of controls and substantive procedures, documenting findings, and contributing to the development of audit reports under the guidance of senior team members. The consultant will work collaboratively with client personnel and engagement teams to deliver high-quality internal audit services.
Key Responsibilities:
- Participate in the planning and execution of internal audit engagements in accordance with professional standards (e.g., IIA Standards, COSO).
- Assist in conducting risk assessments and developing audit programs and testing procedures.
- Perform testing of internal controls (financial, operational) through inquiry, observation, inspection, and re-performance.
- Execute substantive testing procedures to validate financial balances and transactions.
- Document audit work performed clearly and concisely in work papers, ensuring it supports conclusions.
- Identify control deficiencies, process inefficiencies, and non-compliance issues.
- Draft clear and constructive audit findings and recommendations for process and control improvements.
- Participate in client meetings to discuss audit scope, findings, and recommendations.
- Contribute to the preparation of internal audit reports and presentations.
- Follow up on the implementation status of previously reported audit recommendations.
- Stay current on industry trends, regulatory changes, and internal audit best practices.
- Collaborate effectively with client staff and internal engagement team members.
- Manage time effectively to ensure timely completion of assigned tasks within budget.
Qualifications:
- Bachelor's degree in accounting, Finance, Business Administration, or a related field.
- 6-12 years of experience in internal audit, risk management, or a related control-focused role. Experience in a professional services or consulting firm is a strong advantage.
- Foundational understanding of internal control frameworks (e.g., COSO) and risk assessment methodologies.
- Knowledge of the International Standards for the Professional Practice of Internal Auditing (ISPPIA - IIA Standards).
- Proven ability to execute audit testing procedures and document work effectively.
- Strong analytical, problem-solving, and critical thinking skills.
- Excellent written and verbal communication skills, with the ability to interact professionally
