Internal Audit, Assistant Manager at Sunbeth Global Concepts (SGC)

The Internal Audit Assistant Manager supports the development and execution of the internal audit strategy by leading audits, assessing risks, and ensuring compliance with internal policies and regulatory requirements. This role involves managing audit projects, mentoring junior auditors, and providing insights to improve operational efficiency and risk management.

Job Details

Core Responsibilities 

Audit Planning & Execution

• Assist in developing the annual risk-based internal audit plan.
• Lead and execute assigned audit engagements across departments.
• Conduct process reviews, control testing, and substantive testing.
• Evaluate adequacy and effectiveness of internal controls.
• Identify process gaps, control weaknesses, and risk exposures.

Risk Management & Compliance

• Assess compliance with internal policies, SOPs, and regulatory requirements.
• Review adherence to statutory obligations and industry regulations.
• Monitor implementation of risk mitigation measures.
• Support enterprise risk management initiatives.

Reporting & Documentation

• Prepare detailed audit working papers and documentation.
• Draft clear and actionable audit reports highlighting findings, root causes, risk ratings, and recommendations.
• Present findings to management and follow up on agreed action plans.
• Track and report status of audit recommendations implementation.

Financial & Operational Reviews

• Review financial statements, accounting records, and reconciliations.
• Conduct inventory audits and warehouse verification exercises.
• Evaluate procurement, vendor management, and payment processes.
• Review revenue assurance and cost control mechanisms.

Advisory & Process Improvement

• Recommend process improvements to enhance efficiency and reduce risk exposure.
• Support fraud investigations and special audit assignments when required.

Team Supervision & Development

• Review audit work performed by junior team members.
• Provide on-the-job coaching and knowledge transfer.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) designation is a significant advantage.
• Minimum of 5-7 years of internal audit experience.
• Experience in a multi-entity or group structure is an advantage.
• Strong knowledge of IFRS, internal control frameworks, and risk management principles.