Key Responsibilities: 
Audit Planning:

<ul>
<li style="text-align:start;">Develop and implement risk-based internal audit plans for project operations.</li>
</ul>

<ul>
<li style="text-align:start;">Identify key risks associated with project execution, including financial, operational, and compliance risks.</li>
</ul>

<ul>
<li style="text-align:start;">Design audit scopes, objectives, and timelines for reviewing projects. </li>
</ul>
Internal Control Evaluation:

<ul>
<li style="text-align:start;">Assess the effectiveness and efficiency of internal controls related to project activities, including procurement, budgeting, financial reporting, and resource allocation.</li>
</ul>

<ul>
<li style="text-align:start;">Identify weaknesses in controls and recommend improvements. </li>
</ul>
Project Financial Audits:

<ul>
<li style="text-align:start;">Review financial records of projects to ensure accuracy and compliance with accounting standards.</li>
</ul>

<ul>
<li style="text-align:start;">Conduct audits of project budgets, funding, cost allocation, and expenditure.</li>
</ul>

<ul>
<li style="text-align:start;">Monitor adherence to contractual obligations and project funding agreements. </li>
</ul>
Compliance and Risk Management:

<ul>
<li style="text-align:start;">Ensure that project activities comply with relevant laws, regulations, and internal policies.</li>
</ul>

<ul>
<li style="text-align:start;">Identify potential risks in project management processes and suggest strategies to mitigate them.</li>
</ul>

<ul>
<li style="text-align:start;">Conduct audits related to regulatory compliance, contract management, and external reporting requirements. </li>
</ul>
Project Performance Audits:

<ul>
<li style="text-align:start;">Evaluate the performance of projects, ensuring that objectives are being met within budget, timeline, and scope.</li>
</ul>

<ul>
<li style="text-align:start;">Review the efficiency of project resource utilization (staff, equipment, etc.).</li>
</ul>

<ul>
<li style="text-align:start;">Conduct post-implementation audits to assess the success and sustainability of projects. </li>
</ul>
Reporting and Recommendations:

<ul>
<li style="text-align:start;">Prepare audit reports with findings, conclusions, and recommendations for management.</li>
</ul>

<ul>
<li style="text-align:start;">Present audit results to project managers, senior leadership, and other stakeholders.</li>
</ul>

<ul>
<li style="text-align:start;">Follow up on audit recommendations to ensure corrective actions are implemented. </li>
</ul>
Advisory and Improvement Initiatives:

<ul>
<li style="text-align:start;">Provide consultative support to project teams to strengthen internal controls and enhance risk management strategies.</li>
</ul>

<ul>
<li style="text-align:start;">Offer insights for process improvements and opportunities for cost-saving and efficiency in project management. </li>
</ul>
Coordination and Collaboration:

<ul>
<li style="text-align:start;">Collaborate with project managers, finance teams, and other stakeholders to gather audit evidence and ensure transparency.</li>
</ul>

<ul>
<li style="text-align:start;">Work closely with external auditors where necessary, providing required documentation and insights. </li>
</ul>
Documentation and Record-Keeping:

<ul>
<li style="text-align:start;">Maintain thorough documentation of audit processes, findings, and follow-up actions.</li>
</ul>

<ul>
<li style="text-align:start;">Ensure all audit work is conducted in accordance with established standards, guidelines, and best practices.</li>
</ul>

Executive - Internal Auditor

Job Details & Overview

Skills Required for Executive - Internal Auditor

Job Description for Executive - Internal Auditor