Assistant Manager - Audit

Overview of the role:

To lead and execute operational and financial audits in alignment with the approved annual audit plan, providing independent assurance on the effectiveness of internal controls, compliance with company policies, and the integrity of financial and operational processes. The role is responsible for evaluating the safeguarding of assets, the efficiency of resource utilization, the reliability of information systems, and the achievement of business objectives. As a key contributor to governance and risk management, the Internal Audit Manager drives audit quality, fosters stakeholder engagement, and champions continuous improvement across the organization.

What you will do:

• Assist the Audit Manager in the development of annual audit plan by assessing the degree of risk. 
• Assist in the development of audit program for each audit assignment before commencement of the audit. This should be documented as template in (AMS) with risks, control and tests to be performed.
• Conduct internal audit assignment for evaluation of adequacy and effectiveness of the system of internal control and quality of performance in carrying out assigned responsibilities in all business processes/segments.
• Review the approval process to ensure that Group policies/ procedures and delegations of authorities are complied.
• Ensure that assets of the group are safeguarded.
• Documentation of audit work in Audit Management system which can fully support the audit findings.
• Prepare professional audit reports which should clearly communicate findings, analysis, appraisals, recommendations and information concerning the activities audited.
• Audit Manager should be timely updated with key findings.
• Discuss preliminary audit findings with the concerned staff/ management to highlight the observations to management and to get their concurrences.
• Assist in preparation of executive summary for each engagement along with the detailed report and follow-up form.
• Assist in the preparation of monthly summary report after being reviewed by line manager/Group Director – Internal Audit.
• Job holders need to assist in the follow-up on the implementation of audit recommendations.
• Ability to extend audit coverage to a wider and more representative population using computer-based audit techniques. E.g. use of ACL.
• Achieve high professional standards of audit performance, reports and recommendations in conformity with International Standards of Internal Audit and within the Group’s policy, procedures and long-range goals.
• Such consulting assignments are performed based on management requests to establish a fact or to evaluate a specific situation.
• Fraud investigation should be conducted to identify the loss/exposure, control weaknesses, personnel responsible and recommendation to prevent reoccurrence.