Internal Audit Manager

Internal Audit Department – Manager Internal Audit - Job Description
Position Manager Internal Audit
A leading role within the Internal Audit & Risk Consulting Services responsible for overseeing and managing the Internal Audit & Risk Consulting function. The role is focused on assisting the Senior Partner Internal Audit & Risk Consulting in delivering efficient and effective internal audit and risk consulting services to Crowe’s clients.
Management
1.
Planning
Manager should compile the annual audit plan based on the individual plans agreed with various clients, and allocate resources and schedule service delivery. Also, update the annual audit plan with new engagements.
2.
Interaction with Clients
Maintain cordial and professional relations at all times with Senior Partner, colleagues and clients, and ensure that all team members also do the same. Maintain periodic contacts with clients to win their trust and to better understand their professional requirements
3.
Administration
•
Ensure that all required audit documents, including APMs, Checklists, Audit Programs, Risk Assessment Templates, etc. are available for use of the team.
•
Monitor that all relevant documents are used by team members and electronic working papers are properly maintained.
•
Lead by example in maintaining professional decorum and discipline in attendance, as well as daily updation of CRM
•
Provide Progress Reports to Senior Partner Internal Audit & Risk Consulting on various aspects of audit administration, team administration and service delivery
•
Compile monthly projected billings and collections
4.
Service Delivery
Ensure highest level of service delivery to clients. This includes:
•
Scheduling and conducting audits as per client agreed plans
•
Demonstrating professionalism during client meetings and audit fieldwork
•
Maintaining proper audit documentation and safeguarding all client information/documentation
•
Monitoring the progress of audit work to ensure audits are completed within the budgeted time.
•
Issuing timely reports to the clients
5.
Performance Evaluations
Assess the performance of the internal audit team, ensuring that their targets and progress are aligned with Internal Audit objectives and approach. Meanwhile provide ongoing guidance and mentoring to team members in the areas of professional development.
Audit Assignments
1.
Planning
Plan resources, prepare/review audit planning documentation, organize meetings with clients and brief/guide team members
Internal Audit Department – Manager Internal Audit - Job Description
Position Manager Internal Audit
2. Audit Administration
Review preliminary analysis based on initially available data from
the client and agree the audit approach and sampling with
Management.
3. Manage Fieldwork
Manage/Conduct fieldwork in a disciplined, organized and
professional manner
4. Reporting
Follow normal audit protocols of discussing preliminary findings and
preparing/reviewing the draft report. Finalize engagement reports
after discussions with clients, and after obtaining client responses.
Schedule follow-up of agreed actions
5. Audit Committee
Briefings
Compile reports for presentation to the Audit Committee
On the job coaching
The Manager should provide on the job training to the internal audit team with regards to:
1. Team building
2. Developing analytical skill
3. Developing and clarifying internal audit understanding, approach and objectives
4. Developing understanding of Internal Audit Standards, practice guidelines and
implementation
5. Improving writing and communication skills
Preferred Work Experience
Hands-on expertise and experience in Governance, Risk and Controls, including preparation
of Risk Registers, Developing Governance Frameworks, Developing Standard Operating
Procedures. Experience in conducting ICoFR reviews, audits of Regulatory bodies in UAE
including DFSA, ADGM, Capital Market Authority, ADAA, etc.
Qualifications and Professional Development
1. Professional Accounting qualification with additional preferred qualifications like
CIA/CFE/CRMA
2. Training and continual professional education
Skills
The Manager should possess high levels of proficiency in the following areas:
1. Interpersonal & Communication Skills
2. Negotiation & Conflict Resolution
3. Teamwork
4. Reporting
5. International Professional Practice Framework for Internal Audit
6. Analytical Skills
7. Technology skills i.e. MS office, ACL etc.
Business development (proposals and client relationship)
Manager Internal Audit should demonstrate high levels of proficiency in preparing proposals
based on Client RFPs and requirements.
Also demonstrate skill and proficiency in communicating with potential clients and building an
everlasting client network. Participating in marketing initiatives and functions like conferences
Internal Audit Department – Manager Internal Audit - Job Description
Position Manager Internal Audit
and newsletters. Meanwhile arrange and attend meetings with potential clients for the
purposes of branding and creating new sales leads.