Internal Audit Assistant Manager

13 hours ago


Delhi, Delhi, India DAMAC Properties Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Job Description
Core Deliverables:

  • Prepare audit reports as per the IA methodology and reporting standards.
  • Weekly Task Status Updates; Provide clear, concise summaries of ongoing audit activities, including fieldwork progress, documentation status, and emerging findings.
  • Follow-Up Status Monitoring; Track the implementation of audit recommendations and report on the status of action plans agreed with business units.
  • Weekly/Monthly Planning and Priorities; Share a forward-looking view of the audit schedule—highlighting planned activities such as walkthroughs, testing, interviews, and reporting timelines.
  • Issue Escalation & Risk Alerts; proactively identify and escalate delays, bottlenecks, emerging risks, or resource gaps that could impact audit delivery.
  • Stakeholder Coordination Summary; Maintain a summary of coordination efforts with other departments such as Finance, Operations, and Compliance, including updates on dependencies or shared initiatives.
  • Internal Audit Execution and Oversight:
  • Support the execution of internal audit engagements across financial, operational, and compliance areas.
  • Perform detailed testing and analysis of processes and controls, documenting findings and assisting in the formulation of clear, actionable recommendations to improve control effectiveness and operational efficiency.
  • Policy, Procedure, and Process Review:
  • Assist in the review of organizational policies and procedures to ensure consistency with internal controls and regulatory requirements.
  • Participate in process walkthroughs and control validations to identify design and operational deficiencies.
  • KPI Monitoring and Performance Reporting:
  • Monitor audit performance indicators to track progress against the audit plan and ensure timely delivery of audits.
  • Contribute to the development and refinement of internal audit KPIs, promoting accountability and continuous improvement within the audit team.
  • Ad-Hoc Reviews and Management Requests:
  • Conduct special audits, investigations, or reviews as requested by senior management (including MD/CM office), ensuring the delivery of accurate and timely insights.
  • Assist in handling urgent or sensitive reviews requiring discretion and a focused audit approach.
  • Governance, Risk, and Compliance Support:
  • Ensure that audit activities comply with internal policies, professional standards, and applicable regulations.
  • Collaborate with internal teams to identify emerging risks and assist in evaluating the adequacy of mitigation strategies.
  • Audit Process Improvement and Methodology Support:
  • Recommend improvements to audit tools, templates, and methodologies to ensure consistency and effectiveness across engagements.
  • Stay updated on industry trends and internal audit best practices to contribute to the evolution of the department's approach and practices.


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