Internal Audit Manager

Job Description

Position Summary :
• The primary role is to identify, design, and develop data analytics to support audit activities performed by the Internal Audit team.
• Maintain an effective system of data analytics that provides insight into risks and controls, establishes an efficient/automated means to analyze and test large volumes of data for outliers, anomalies, patterns, and trends, and helps evaluate the adequacy and effectiveness of controls.
• Design and implement a continuous control monitoring program.
• In addition, execute internal audits according to UPL s Internal Audit plan.
Primary Responsibilities :
• Responsible for Internal Audits by implementing plans related to risk assessment and annual planning, audit execution, and audit reporting.
• Assess the effectiveness of internal controls, the accuracy of financial records, and the efficiency of operations. Help in continuous improvement of processes within the organization.
• Assess what can go wrong and develop a risk mitigation index.
• Plan the scope of the audit and prepare the audit program on the basis of a risk-based approach, using Risk and Control frameworks, the key control points, safeguarding of company resources, and accurate presentation of financial results and the possibility of misappropriation.
• Analyze data obtained for evidence of deficiencies in controls, fraud, or lack of compliance with management policies and procedures.
• Work with the process heads to have a meaningful review with a continued focus on Identifying areas of improvement and developing and monitoring corrective action plans
• Draft internal audit reports recommending appropriate improvements to controls and assessing the adequacy of the corrective action taken and provide management with sufficient information to address any observed deficiency.
• Conduct follow-up audits to review the implementation of agreed plans of action and achievement of savings identified.
• Assess the effectiveness of MIS at various levels for all commercial functions mentioned above.
• Work on Data Analytics, Perform detailed reviews of transactions, data anomalies, and key risk indicator reviews at pre-established frequency, assessing the root cause of potential exceptions, and supporting remediation efforts for exceptions identified.
• Manage independently and perform audits end to end.
• Issue all Internal Audit reports ensuring the reports are clear and concise, identify root causes with practical solutions, and ultimately provide value to management.
• Prepare Audit committee presentations on a quarterly basis.
Required Qualifications/Skills/Experience :
• Chartered Accountant (CA) with post-qualification experience of a minimum of 4 years in the internal audit field
• 4-6 years of relevant/recent data analysis experience in audit or risk management
• 1-2 years of experience in building and supporting continuous audit monitoring programs
• Strong knowledge of internal controls required
• Familiarity with SAP systems and data visualization tools (i.e. Qliksense, Qlikview, Tableau) is required
• Strong time and project management skills required
• Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Certified Fraud Examiner (CFE) is a plus
• Advanced MS Excel skills are required with MS Access skills a plus
• Flexibility to work across multiple time zones
• Ability to think outside the box and apply creative and constructive thinking to proposed recommendations for improvements to internal processes, procedures, and policies
• Excellent communication and listening skills with the ability to interact effectively with all levels of management
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Keyskills :
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