Audit Coordinator

This role will be responsible for executing a risk-based audit plan to evaluate, report on, and suggest improvements for the company's key operational and financial activities and internal controls. Additionally, the position involves working with minimal supervision, primarily as a team leader (typically overseeing 1-3 analysts) responsible for accomplishing all aspects of assigned reviews.

Job Responsibilities


Assist the internal audit function in conducting audits, including planning, testing, and reporting phases.
Work with departmental managers to understand their operations and identify potential risk areas.
Contribute to the development of audit plans and strategies that align with business objectives and regulatory requirements.
Recognize and analyze risks, providing recommendations for improvement.
Track and follow up on the implementation of audit recommendations, ensuring corrective actions are taken.
Compose reports for management detailing audit findings and recommendations.
Examine and update internal policies and procedures to ensure compliance with regulatory requirements.
Maintain a thorough understanding of regulatory requirements and changes that may impact the organization.
Oversee the audit team to ensure quality and timely delivery of work.
Assess current audit procedures and suggest improvements.
Evaluate and enhance internal controls to improve operational efficiency.
Engage with management to discuss audit observations, recommendations, and actions to be taken.
Create clear and comprehensive audit work papers and store them in the department repository.
Review audit work papers prepared by audit staff to ensure sound audit theory and compliance with departmental methodology.
Oversee the daily supervision of audit staff, responsible for their development and completion of performance evaluations.
Ensure that reviews are completed in compliance with Internal Audit Department and Institute of Internal Auditor standards.
Coordinate team activities to ensure review objectives are achieved and conducted according to company standards.
Train and mentor staff assigned to the team. Prepare performance reviews upon completion of reviews.
Ensure that all work papers supporting the review are clear and concise.


Qualifications


A minimum of a bachelor's degree from an accredited university.
Recognized professional certification in Accounting, Risk Management, or Internal Audit (ACA, ACCA, or CIA).
Relevant management qualification or training.
A minimum of 7 years of experience in the Enterprise Risk Management field within similar organizations.