Internal Audit (CA/CMA)

Role & responsibilities

1. Supervise and lead audit teams in planning, executing, and reporting on audit engagements to ensure compliance with audit objectives, timelines, and quality standards.

2. Participate in the development of risk-based audit plans, including assessing inherent risks, identifying key controls, and determining audit scope and objectives.

3. Conduct audit fieldwork independently or with a team, performing audit tests, gathering evidence, and evaluating internal controls to assess their effectiveness in mitigating risks.

4. Utilize data analytics tools and advanced audit techniques to analyze large datasets, identify trends, anomalies, and areas of concern, and enhance audit effectiveness and efficiency.

5. Prepare comprehensive audit workpapers, documentation, and findings in accordance with professional standards, ensuring accuracy, completeness, and relevance for audit reporting and follow-up.

6. Prepare clear and concise audit reports, findings, and recommendations for management and stakeholders, communicating audit results effectively and facilitating discussions on remediation actions.

7. Evaluate compliance with organizational policies and procedures, as well as relevant laws, regulations, and industry standards, ensuring adherence to ethical standards and professional codes of conduct.

8. Build and maintain relationships with key stakeholders, including management, audit committee members, and external auditors, collaborating with them to address audit-related issues and promote a culture of accountability and transparency.

Technical Competencies

1. Knowledge of Accounting and auditing standards including standards on Internal Audit

2. In-depth knowledge of accounts, finance, risk and control assessments

3. Strong data analytical and risk assessment skills

4. Knowledge of taxation and other laws and regulations affecting the companys overall regulatory environment.

Cross-Functional Competencies

1. Capability to work collaboratively with cross-functional teams and stakeholders to achieve audit objectives.

2. Skill in integrating audit findings and recommendations into business processes and decision-making frameworks.

Managerial Competencies

1. Capability to communicate audit findings, recommendations, and insights effectively to stakeholders and collaborate with them to address audit-related issues.

2. Ability to identify, assess, and mitigate risks associated with audit engagements, including operational, financial, compliance, and strategic risks.