Senior IT Audit Manager

Job Title: IT Audit Manager

Job Summary:

This role supports senior management in conducting annual audits to evaluate the effectiveness of internal controls, identify areas for improvement, and recommend measures to enhance policies and procedures.

The incumbent is responsible for preparing internal audit reports for operational processes and functions, ensuring compliance with laws and regulations as well as company policies and procedures.

Responsibilities:

1. Develop an annual risk-based internal audit plan to cover technical operations for review and approval by the Audit Committee.
2. Participate in audit planning meetings to understand relevant audit risks and define roles and responsibilities.
3. Prepare pre-audit planning presentations for senior management to discuss potential audit risks and scope, timelines, and logistics.
4. Identify risks and controls for processes in each audit engagement and prepare Audit Programs for documentation of risks, control designs, and testing during fieldwork.
5. Ensure annual risk assessment is in place and prepare an annual audit plan for auditing departments.
6. Perform audit fieldwork in accordance with the annual audit plan, executing audit procedures and testing controls in line with defined audit methodology and agreed timelines.
7. Document controls and test operating effectiveness against each risk in processes, ensuring audit documentation meets departmental quality standards.
8. Execute comprehensive risk-based operational audits to maximize company performance and control while minimizing risk.
9. Verify departments, functions, and businesses operate consistently while complying with laws, regulations, and company policies and procedures.
10. Conduct audits of physical surveys and operations at fields and departments, including Cathodic Protection, ROW, and DI shop, Meter Manufacturing Plant, and pipeline network rehabilitation.
11. Support senior management in evaluating operational policies and procedures across the organization in terms of risk to the organization, establishing controls to mitigate any potential loss.
12. Monitor and control to ensure smooth conduct of operational audits, ensuring they are conducted rigorously with minimal disruptions to routine or day-to-day operations.
13. Develop a detailed understanding of activities under audit, including technical risks, project risks, operations risks, and necessary controls to achieve audit quality standards.
14. Assess and report compliance with operational regulations and controls by executing operational audits.
15. Ensure operational audit findings are reflected accurately and supported by adequate documentation to complete and conclude the audit.
16. Prepare formal written reports expressing opinions on the adequacy and effectiveness of systems and efficiency in activity execution, submitting drafts for review and final approval of Internal Audit department's management.
17. Monitor Key Performance Indicators (KPIs) during Operational Audit and recommend plans and initiatives for improvement.
18. Work with auditee department's management to set timelines for implementing audit recommendations, maintaining periodic follow-up to check if agreed corrective actions have been taken and are effective.
19. Identify risks in internal audit observations and communicate to concerned levels of management for risk management.
20. The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the organization while performing job responsibilities in accordance with their assigned role.
21. The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
22. Undertake any other assignment as instructed by senior management.