Internal Audit Executive

Job Overview

• Conduct risk-centered audits in adherence to the approved audit plan, evaluating internal controls, risk management, and corporate governance. Activities include planning, conducting fieldwork with control assessments, substantive testing, ensuring compliance with policies and regulations, and maintaining documentation aligned with IIA Global Internal Audit Standards.
• Analyze root causes of issues, utilize data analytics to spot irregularities and operational inefficiencies, and assist in advisory tasks such as reviewing SOPs, enhancing processes, and assessing systems before and after implementation.
• Prepare and present audit findings, recommendations, and reports promptly to management.
• Oversee follow-up on action plans, contribute to special audits and verifications, promote collaborative stakeholder engagement, and monitor new risks for ongoing improvement.

Key Roles and Responsibilities

Audit Planning and Preparation

• Support audit planning efforts by gaining an understanding of organizational processes, risks, and control frameworks.
• Assist in crafting risk-based audit programs and determine audit aims and scope.
• Collect initial information via data analysis, reviewing documentation, and interviewing stakeholders.

Audit Fieldwork and Execution

• Conduct walkthroughs and evaluate the design and operational effectiveness of controls.
• Carry out comprehensive audit testing, including substantive procedures covering both financial and operational domains.
• Review adherence to internal policies, procedures, legal regulations, and delegation protocols.
• Detect deficiencies in controls, instances of non-compliance, or opportunities for process efficiency enhancement.
• Evaluate the suitability of governance and risk management frameworks.
• Maintain thorough documentation of working papers, evidences, and outcomes complying with departmental requirements and IIA standards.

Audit Reporting

• Compile concise and clear audit reports highlighting control weaknesses, relevant risks, and actionable recommendations.
• Communicate audit results effectively to process owners within set timelines.
• Support the development of finalized audit reports for review by management and audit committees.

Follow-up and Continuous Improvement

• Monitor and verify the execution of agreed corrective actions ensuring effective resolution of previous audit issues.
• Assist in special investigations, reviews, or forensic audits as needed.
• Participate in physical verifications such as inventory counts and asset disposals.
• Keep updated with emerging risks, evolving professional standards, and regulatory adjustments impacting internal audit functions.

Collaboration and Stakeholder Engagement

• Collaborate thoroughly with audit team members during all audit stages to maintain high-quality audit delivery.
• Build and nurture professional relationships with various business units to foster ethical practices and control awareness.

Education and Experience

• Bachelor's degree in Accounting, Finance, or a related discipline.
• Certified professional accounting qualifications such as CIA, CPA, ACA, ACCA, or CA.
• Familiarity with IIA Global Internal Audit Standards.
• Two to six years of auditing experience within public accounting firms or corporate audit departments.
• Industry-specific auditing experience preferred.
• Exposure to both local and international auditing standards is advantageous.
• Strong analytical, problem-solving, and communication capabilities.
• Proficient in Microsoft Office suite, along with data analytics and visualization tools.
• Exceptional attention to detail and accuracy.