Internal Audit Manager

Internal Audit Leadership Role

The role involves taking a leadership position within a growing company, with the chance to shape and establish the Internal Audit Department from its foundation.

This position includes establishing and supervising audit procedures, guaranteeing adherence to regulations, recognizing potential risks, and instituting efficient controls. The role demands strategic thinking, adept leadership qualities, meticulousness, and interdepartmental cooperation.

Here are some of the key job responsibilities:

1. Establish the company's internal controls, including financial reporting controls.
2. Ensure the company's operations adhere to applicable laws, regulations, and industry standards. This includes assessing compliance with GAAP.
3. Review the company's financial statements to ensure accuracy, completeness, and compliance with GAAP or International Financial Reporting Standards (IFRS), as applicable.
4. Establish and lead internal audit engagements, including planning, fieldwork, and reporting. Hire and train audit team member(s) to ensure timely completion of audit procedures.
5. Identify opportunities to enhance operational efficiency and effectiveness within the company's processes. Recommend improvements that can strengthen internal controls and streamline operations.
6. Establish and maintain comprehensive documentation of audit procedures, findings, and recommendations.
7. Communicate with senior management, executives, and the board of directors about audit findings, potential risks, and recommended actions. Provide guidance on best practices and risk mitigation strategies.
8. Work closely with external auditors, legal teams, and other professionals
9. Provide training and guidance to internal audit team members to enhance their skills and knowledge. Stay updated on regulatory changes and industry trends.
10. Continuously monitor and evaluate the effectiveness of internal audit processes and methodologies. Implement improvements to enhance the efficiency and impact of the internal audit function.

Qualifications:

• BS/BA degree in Accounting or Finance.
• Preferred relevant certifications (CIA, CISA, CPA).
• Minimum of 5 years audit experience, from public accounting/auditing and/or internal audit experience, required.