An Audit Manager is responsible for overseeing internal operating controls, processes and practices. They may also recommend chan.....
An Audit Manager is responsible for overseeing internal operating controls, processes and practices. They may also recommend changes and enhancements to existing policies and controls to make sure they are current, adequate, functional and utilized in accordance with standards established by the government and the company. Some Audit Managers will manage a team of junior auditors or accountants, reviewing their works and providing guidance.
An Audit Manager must be technically and mathematically proficient. That’s because there are thousands of tools and software programs available for auditors, and many of them have become ubiquitous in the corporate landscape. Exposure to major enterprise resource planning systems like SAP and Oracle as well as other technologies is critical to success and ongoing career progression.
Responsibilities include the following:
1.Plan and perform operational and financial audits.
2.Identify business process risks.
3.Develop testing methodologies to evaluate the adequacy of controls.
4.Document the results of the evaluations.
5.Develop recommendations and reports based on audits and presenting these ideas to senior management.
6.Formulate professional development and educational plans for junior staff members.
7.Plan and allocate resources and individuals in accordance with skills and schedules.
8.Solid knowledge of regulations and guidelines.
9.Excellent communication skills.
10.Strong time management skills.
