Internal Audit Assistant Manager - Construction Related Audits

Job Detail

Gather and analyse information required for the planning of each audit assignment. Assist in the design of audit program (including audit procedures and audit tests) of each audit assignment. Based on the approved audit program, perform internal audit work (including follow-up of past audit issues) and gather evidence in accordance with the internal audit standards. Audit work include evaluation of technical appraisals of the project and cost estimates, site check to ascertain that work done on site comply with drawings and specifications, verification of accurate payment for work done based on measurement of quantity and correct rates being applied. Evaluate the effectiveness and efficiency of business processes (including internal controls and risk management), and ensure compliance with regulatory requirements and Company’s policies and procedures for construction-related operations. Document accurate audit work performed and audit result in a clear and organised manner, supported by audit evidence (such as comprehensive site photo) for review by Team leader. Resolve review notes and apply learning to future assignments. Identify, develop and draft comprehensive audit observations (including root causes and risks) on weaknesses in control environment, and make value-added recommendations for process improvements. At the end of fieldwork review, assists Team Leader in conducting closing meetings to communicate draft audit findings to management. Assist Team Leader in finalizing the audit findings, recommendations and reports, and collate management responses and action plans to mitigate risk. Track issues identified by Internal Audit and external auditors, and monitor implementation progress of management action plans. Conduct validation review on management remediation actions to address control deficiencies. Assist in developing Annual Internal Audit Plan using a risk-based approach. Assist in the preparation of deliverables such as audit reports and presentation materials to Management and Audit Committee.