What are the responsibilities and job description for the Internal Audit Senior Manager position at AquantUs, LLC?
Summary
Internal Audit Senior Manager with an engineering company.
The Internal Audit Senior Manager will manage the audit process for assigned audits, including risk assessment, planning, audit execution and reporting results.
Responsibilities
Internal Audit Senior Manager with an engineering company.
The Internal Audit Senior Manager will manage the audit process for assigned audits, including risk assessment, planning, audit execution and reporting results.
Responsibilities
- Oversee a portfolio of assigned audits and delivery of findings/ recommendations for Finance and Operational risks.
- Oversight will include managing audit teams and engaging in audit activities such as (1) executing risk assessments and risk-based, business-wide audits plans in a timely manner, (2) clearly defining the objectives and scope of each review, (3) employing critical thinking and appropriate testing methodologies, and (4) sharing detailed findings and recommendations to mitigate risk. Scope and deliver risk-based audits, including writing audit reports, communicating findings and working with management to develop action plans to remediate findings and track corrective actions through to completion.
- Keep Internal Audit leadership updated regarding audit progress and outcomes on a regular basis.
- Provide input to enable IA leadership to determine audit coverage and risk-based audit approach.
- Coordinate with other functions to ensure activities are consistent and aligned.
- Participate in meetings with business partners and stakeholders – to review key concepts, gaps or issues with risk management and control design elements, support and conclusions.
- Identify key control issues and emerging risks and work with management to ensure timely and effective remediation.
- Supervise the daily work activities of Senior Auditors and Auditors, with a direct reporting line, and are responsible for the following:
- Attract, recruit, develop and retain a high performing Internal Audit team. Mentor, coach and teach, as needed, including developing people for career opportunities and advancements. Develop, update and maintain talent development, training and succession plans for the department.
- Provide performance feedback for both direct reports and team members assigned to audits that you are overseeing, and with whom you interact daily (who may not report directly to you).
- Demonstrate, encourage, and recognize a continuous improvement mindset in the audit function; stay abreast of new and emerging regulations and trends that impact the risk function; identify and integrate best practices; Drive operational excellence through the delivery of readily available tools and resources.
- Support an equitable and inclusive environment where people can bring their full selves to work and unlock their greatest potential and contributions to the team.
- Gain credibility and build trust with team members; personify a positive attitude and desire to contribute to the success of the Internal Audit function.
- A Bachelor's (in Accounting, Finance, or Business Administration) is preferred.
- A Master’s degree is a plus.
- CPA/CA, CIA, CFA, CISA or other professional certification is a plus.
- Minimum of 4 years in Internal Audit management preferred.
- Minimum of 8 years audit / risk management experience.
- Excellent listening, verbal, written and presentation communication skills.
- Comprehensive technical understanding and knowledge of internal audit and risk advisory.
- Strong finance/accounting and Sarbanes-Oxley experience preferred.
- Strong project management skills and/or track record of leading an audit project.
- Proven track record of relationship development and management with executive stakeholders.
- Strong leadership skills, including experience in identifying and developing high performing. talent.