Deputy Manager-Internal Audit Job Description Template
The Deputy Manager-Internal Audit will play a pivotal role in evaluating and enhancing the effectiveness of internal control systems. This individual will conduct audits, provide recommendations, and communicate findings to senior management. They will also assist in formulating audit plans and strategies.
Responsibilities
- Conduct internal audits to assess adequacy, effectiveness, and efficiency of internal controls and procedures.
- Assist in the development and implementation of the annual audit plan.
- Identify and document any control or compliance issues requiring attention.
- Prepare detailed audit reports with findings, recommendations, and management responses.
- Coordinate with various departments to ensure timely audit completion and follow-up.
- Stay updated on legal regulations and ensure audits are conducted in compliance with laws and standards.
- Support external auditors as needed.
- Develop and maintain professional relationships with all levels of the organization.
Qualifications
- Bachelor's degree in Accounting, Finance, or related field.
- Professional certifications such as CPA, CIA, or equivalent.
- Minimum 5 years of experience in internal auditing or related financial roles.
- Strong knowledge of auditing standards, procedures, laws, rules, and regulations.
- Excellent analytical, organizational, and problem-solving skills.
- Strong written and verbal communication skills.
Skills
- Internal Auditing
- Risk Assessment
- Financial Analysis
- Regulatory Compliance
- Report Writing
- Data Analytics
- SAP
- Microsoft Excel
- Team Collaboration
Frequently Asked Questions
A Deputy Manager-Internal Audit is responsible for assisting in the design and implementation of audit processes, conducting internal audits to assess risks, and ensuring compliance with regulations. This role involves analyzing financial statements, evaluating operational effectiveness, and providing recommendations for improvements. The Deputy Manager also collaborates with other departments to develop strategies for risk management and oversees audit projects to ensure accuracy and integrity.
To become a Deputy Manager-Internal Audit, candidates typically need a bachelor's degree in finance, accounting, or a related field, along with professional certifications such as a CPA or CIA. Relevant experience in internal audit or risk management is essential, often requiring several years. Building strong analytical skills, attention to detail, and familiarity with auditing software can significantly enhance career prospects in internal audit management.
The average salary for a Deputy Manager-Internal Audit varies based on factors such as geographic location, industry, and years of experience. Generally, salaries can range from moderate to high, reflecting the level of responsibility and expertise required in this role. It is common for Deputy Managers with extensive experience and advanced certifications to command higher salaries within the field of internal auditing.
Qualifications for a Deputy Manager-Internal Audit include a bachelor's degree in accounting or finance and certifications such as CPA or CIA. Candidates should possess strong analytical skills, a keen eye for detail, and robust understanding of auditing standards. Experience in financial analysis, risk management, and compliance is also critical, often accompanied by proficiency in audit software and tools commonly used in the industry.
A Deputy Manager-Internal Audit requires skills in analytical thinking, problem-solving, and effective communication. Responsibilities include conducting thorough audits, assessing financial controls, and ensuring regulatory compliance. They also play a role in risk assessment and developing strategies for improvement. Proficiency in audit methodologies and the ability to work collaboratively with other departments are essential for success in this position.