Position Overview:

The Internal Auditor at the higher level plays a key role in independently evaluating and improving the effectiveness of risk management, control, and governance processes within the organization. This position involves conducting internal audits, identifying control weaknesses, assessing compliance with policies and regulations, and providing recommendations to enhance operational efficiency and mitigate risks. The Internal Auditor will collaborate with stakeholders across the organization to promote a culture of accountability, transparency, and continuous improvement.

Key Responsibilities:

1. Internal Audit Planning and Execution:

i. Participate in the development of risk-based audit plans, including the identification of key audit areas, objectives, and scope.

ii. Conduct internal audits in accordance with professional standards, audit methodologies, and established timelines.

iii. Perform audit procedures, including risk assessment, testing of controls, and substantive testing of transactions and balances.

iv. Document audit findings, conclusions, and recommendations in clear, concise, and well-supported working papers.

2. Risk Assessment and Control Evaluation:

i. Assess the adequacy and effectiveness of internal controls in mitigating risks across various business processes and functions.

ii. Identify control weaknesses, deficiencies, or gaps in policies, procedures, and systems, and recommend remedial actions.

iii. Evaluate compliance with regulatory requirements, industry standards, and internal policies, highlighting areas of non-compliance or potential exposure to risk.

3. Reporting and Communication:

i. Prepare comprehensive audit reports summarizing audit findings, conclusions, and recommendations for management review.

ii. Communicate audit results and recommendations to key stakeholders, including senior management and process owners.

iii. Collaborate with management to develop action plans to address audit findings and monitor the implementation of corrective actions.

4. Process Improvement and Best Practices:

i. Identify opportunities to improve operational efficiency, effectiveness, and internal controls through process improvements and best practices.

ii. Provide insights and recommendations to management on opportunities for streamlining processes, reducing costs, and enhancing controls.

iii. Facilitate knowledge sharing and dissemination of best practices across the organization through training sessions, workshops, and presentations.

5. Stakeholder Engagement and Relationship Management:

i. Build and maintain effective working relationships with stakeholders across various departments and levels of the organization.

ii. Collaborate with process owners, management, and external auditors to address audit inquiries, resolve issues, and facilitate the audit process.

iii. Serve as a trusted advisor to management on matters related to risk management, internal controls, and compliance.

Qualifications and Experience:

- Bachelor's degree in Accounting, Finance, Business Administration, or related field. Advanced degree or professional certification (e.g., CIA, CPA, CISA) preferred.

- Minimum of 5 to 10 years of experience in internal audit, external audit, or risk management roles,

preferably in a corporate environment or public accounting firm.

- Solid understanding of internal audit principles, methodologies, and standards, as well as relevant regulatory requirements and industry practices.

- Strong analytical and problem-solving skills, with the ability to analyze complex issues, identify root causes, and formulate practical solutions.

- Excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels of the organization.

- Proficiency in audit software tools, Microsoft Office applications, and data analysis techniques.

- Ability to work independently, manage multiple projects simultaneously, and meet deadlines in a dynamic and fast-paced environment.