Senior/Assistant Manager (Internal Audit) Job Description Template
As a Senior/Assistant Manager in Internal Audit, you will be tasked with overseeing and conducting audits to assess the effectiveness of internal controls, compliance with policies and regulations, and efficiency of operations. You will work closely with various departments to provide assurance and advisory services to improve the company's governance and risk management processes.
Responsibilities
- Conduct risk assessments and identify areas for audit focus.
- Develop audit plans and programs to evaluate internal controls.
- Perform detailed audit testing and document findings.
- Analyze audit results to identify control weaknesses and areas for improvement.
- Prepare comprehensive audit reports with clear, concise recommendations.
- Communicate findings and recommendations to management and stakeholders.
- Follow up on the implementation of audit recommendations.
- Assist in the development and updating of audit policies and procedures.
- Ensure compliance with professional standards and regulations.
- Provide advisory services to support business process improvements and risk management.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Certified Internal Auditor (CIA) or similar certification preferred.
- 3-5 years of experience in internal audit or a related field.
- Strong understanding of internal auditing standards and procedures.
- Excellent analytical and problem-solving skills.
- Effective communication and interpersonal skills.
- High level of integrity and professional ethics.
- Ability to work independently and as part of a team.
Skills
- Internal auditing
- Risk assessment
- Audit planning
- Financial analysis
- Compliance and regulatory knowledge
- Report writing
- Communication
- Problem-solving
- Attention to detail
- Microsoft Office Suite
Frequently Asked Questions
A Senior/Assistant Manager in Internal Audit is responsible for overseeing the auditing processes within an organization. Their primary duties include evaluating financial records, ensuring compliance with regulations, identifying areas of risk, and suggesting improvements to enhance operational efficiency. They also collaborate with various departments to implement best practices and maintain internal control procedures.
To become a Senior/Assistant Manager in Internal Audit, one typically needs a bachelor's degree in accounting or finance. Professional certifications such as CPA or CIA are often required. Gaining extensive experience in internal auditing roles and demonstrating leadership capabilities are crucial. Continuously updating knowledge on industry standards and regulations is also important for career advancement.
The average salary for a Senior/Assistant Manager in Internal Audit varies based on location, industry, and experience level. Generally, this position offers a competitive salary reflecting the responsibility and expertise required. Factors such as additional certifications, advanced degrees, and proven track record in internal audits can influence earning potential significantly.
Qualifications for a Senior/Assistant Manager in Internal Audit typically include a minimum of a bachelor's degree in accounting, finance, or a related field. Many employers prefer candidates with certifications such as CPA or CIA. Experience in auditing, strong analytical skills, and familiarity with regulations and industry standards are highly valued in this role.
Skills required for a Senior/Assistant Manager in Internal Audit include excellent analytical abilities, strong attention to detail, and proficiency in accounting software. Responsibilities involve planning and conducting internal audits, identifying risks, ensuring compliance with laws, and reporting findings to senior management. Effective communication and leadership skills are also essential for managing teams and influencing change.