Audit Manager

Roles and responsibilities

The Audit Manager will be responsible for preparing and implementing a risk based audit plan to assess, report on, and make recommendations for improving the Group's key operational and financial activities. Additionally, the position is responsible for identifying and assessing existing Governance, Risk and internal controls system, evaluating the Group's internal monitoring process and to audit the group's compliance with the established internal controls, laws and regulations. The position will be further called on to identify operational and financial process improvements.

The purpose of the job is to Provide an independent, professional assurance and audit engagements to assist management in exercising sound corporate governance, Risk, Controls and Compliance and applying proven management principles and leadership in running the company business.

To develop the internal audit team to ensure that it has the desired knowledge, skills and expertise through continued professional development schemes.
To provide a high quality internal audit services (including support for governance, risk management functions)
To manage the efficient delivery of Internal Audit plans to time and budget targets.
Audit Planning and Coordination
Audit Planning: Develop detailed audit plans, including objectives, scope, methodology, timelines, and resources required for each audit project.
Risk Assessment: Conduct risk assessments to identify areas of concern and determine the focus of the audit process. Understand the key risks affecting the organization and ensure that audits are designed to address them.
Audit Scope: Determine the scope of audits by understanding the business environment, objectives, and the specific areas that need to be reviewed (e.g., financial controls, compliance, operational efficiency).
Team Coordination: Manage and coordinate audit teams, ensuring that roles and responsibilities are clear and that the team is well-equipped to conduct audits effectively.

Desired candidate profile

A University Degree in Finance, or Business Management., An MBA would be an added advantage.
A professionally recognized qualification is a must such as CPA, CIA, CISA ACA, ACCA, CIMA.
Proven relevant experience of a minimum of 7- 9 years in the field of auditing, including at least 2-4 years in similar position in internal or external auditing.
A track record of outstanding performance and a diverse set of responsibilities including extensive experience in setting up audit and risk management infrastructure (methodologies, automation of audit working environment, policies and procedures and can manage admin matters).
Audit Execution
Conducting Audits: Lead or oversee audits by reviewing financial records, policies, procedures, and operations to ensure compliance with applicable regulations and standards. This includes testing internal controls, evaluating processes, and identifying inefficiencies or risks.
Data Collection and Analysis: Gather data and evidence, perform financial and operational analysis, and assess the effectiveness of internal controls and risk management practices.
Interviews and Documentation: Interview key personnel, review supporting documentation, and assess business practices to ensure that they align with company policies and regulations.
Compliance Checks: Verify compliance with laws, regulations, and standards (e.g., IFRS, GAAP, SOX, or internal policies) to ensure legal and regulatory obligations are met.
Audit Reporting and Recommendations
Audit Reports: Prepare detailed reports summarizing audit findings, including identified issues, risks, and inefficiencies. These reports should include actionable recommendations for improvements and risk mitigation.
Communicate Results: Present audit findings to senior management and, if necessary, to the board of directors or audit committee. Communicate audit results in a clear, concise, and professional manner.