Audit Manager
Apply NowCompany: Allianz Partners
Location: Richmond, VA 23223
Description:
SUMMARY
This role is responsible, within his/her scope of audit, to plan, perform and report on internal audits of the Operating Entities of assigned regions as part of the Allianz Partners Group primarily focusing on the region where the manager is based. In addition this role will be responsible for performing ad hoc internal audit work as instructed by Executive Management
JOB FUNCTIONS
Regular, predictable, reliable attendance is an essential function of this position.
Internal Relationships: Management at all levels in the Group, Group Risk and Compliance, Regional Internal Auditors
External Relationships: External Auditors, Allianz Partners Group Audit (if required)
Position Accountabilities
Customer Service Focus: Maintain high standards of service while dealing with the Internal and External Customers
Professional Approach: Consistent and unquestionable conduct in all business interactions and engagements.
Team Work: Work co-operatively and effectively as part of the Group Audit Department
Key Result Areas
Annual Audit Plan: Conduct process level risk assessments as necessary for the development of the global Annual Internal Audit Plan for the Group. Participate in the preparation of global Annual Internal Audit Plan with Regional Heads of Internal Audit as requested.
Internal Audits: Plan and execute assignments in accordance with the agreed internal Audit Plan and in accordance with Group and IIA standards. Examine the adequacy and appropriateness of internal controls and monitoring processes. Hold entry and exit meetings with the relevant stakeholders to commence audit and to discuss observations at the end of the audit respectively. Maintain adequate working papers for each assignment and cross-reference the audit observations. For each assignment, prepare a written report (as per the current Group format) to present findings and conclusions. This report will include recommendations to Management and suggestions for improving the overall internal control environment. Agree comments and action plans with responsible managers before issuing a final report. Send the copy of the completed report to the Head of Regional Internal Audit. Advise Risk and Compliance of any significant risk and compliance related issues identified during the audit.
Follow up reviews: Maintain a Follow up register. Conduct follow up reviews to ensure that audit recommendations raised by Group Audit have been implemented by the due date. Submit quarterly report on the outstanding recommendations.
Other Accountabilities: Carry out other related work and/or projects which may be required by the Head of Regional Internal Audit and/or Head of Audit AWP. Contribute to the improvement of new audit methods. Implement/adapt the audit methods developed by Allianz SE.
Managerial activities: Participate in the preparation of the targets of the internal auditors and the senior internal auditors as requested. Supervise the internal auditor and the senior internal auditor throughout the given assignment. Participate in the recruitment of new auditors as requested.
MINIMUM QUALIFICATIONS
Minimum of 5 years' experience in Internal Audit or management position within an Operating Entity.
Demonstrated ability to conduct audits in multiple business areas including Operations and Finance.
Demonstrated in-depth technical knowledge and experience in conducting Internal Audits.
Ability to lead projects timely.
Prior experience in Insurance Industry preferred.
University level education (Masters preferred) with certifications (e.g., Chartered or Certified Public Accountant, Certified Internal Auditor)
Intermediate level or greater competence in Microsoft Excel, Word and PowerPoint software.
Excellent verbal and written communication skills in English. A sufficient level of French, Spanish and/or German would be an advantage.
Prior experience in the management of a team.
Ability to manage multiple priorities and meet deliverables within tight deadlines
Proficiency in the following business skills:
Knowledge of the Group and the company
Financial acumen
Understanding of business function(s)
Looking at processes from a strategic point of view
IT-landscape and virtual processes
Understanding of and aligning with ICS functions
Business English language skills
Consulting skills for business improvement
Knowledge on good business practices
Proficiency in the following technical skills:
Knowledge in Audit methodology
Risk assessment for risk-based audits
Governance and regulatory requirements
Reports writing adapted to audience
Interviewing techniques
Data mining /analytical skills
Root-cause analysis
Project management
Analyzing and mapping processes
Proficiency in the following soft skills:
Communicating the right way / time / tone
Negotiating with different hierarchies
Influencing others without authority
Facilitating / managing conflicts of interests
Engaging people to execute change
Managing people
Working in diverse teams
Empathy for different stakeholders
Service attitude and relationship management
This role is responsible, within his/her scope of audit, to plan, perform and report on internal audits of the Operating Entities of assigned regions as part of the Allianz Partners Group primarily focusing on the region where the manager is based. In addition this role will be responsible for performing ad hoc internal audit work as instructed by Executive Management
JOB FUNCTIONS
Regular, predictable, reliable attendance is an essential function of this position.
Internal Relationships: Management at all levels in the Group, Group Risk and Compliance, Regional Internal Auditors
External Relationships: External Auditors, Allianz Partners Group Audit (if required)
Position Accountabilities
Customer Service Focus: Maintain high standards of service while dealing with the Internal and External Customers
Professional Approach: Consistent and unquestionable conduct in all business interactions and engagements.
Team Work: Work co-operatively and effectively as part of the Group Audit Department
Key Result Areas
Annual Audit Plan: Conduct process level risk assessments as necessary for the development of the global Annual Internal Audit Plan for the Group. Participate in the preparation of global Annual Internal Audit Plan with Regional Heads of Internal Audit as requested.
Internal Audits: Plan and execute assignments in accordance with the agreed internal Audit Plan and in accordance with Group and IIA standards. Examine the adequacy and appropriateness of internal controls and monitoring processes. Hold entry and exit meetings with the relevant stakeholders to commence audit and to discuss observations at the end of the audit respectively. Maintain adequate working papers for each assignment and cross-reference the audit observations. For each assignment, prepare a written report (as per the current Group format) to present findings and conclusions. This report will include recommendations to Management and suggestions for improving the overall internal control environment. Agree comments and action plans with responsible managers before issuing a final report. Send the copy of the completed report to the Head of Regional Internal Audit. Advise Risk and Compliance of any significant risk and compliance related issues identified during the audit.
Follow up reviews: Maintain a Follow up register. Conduct follow up reviews to ensure that audit recommendations raised by Group Audit have been implemented by the due date. Submit quarterly report on the outstanding recommendations.
Other Accountabilities: Carry out other related work and/or projects which may be required by the Head of Regional Internal Audit and/or Head of Audit AWP. Contribute to the improvement of new audit methods. Implement/adapt the audit methods developed by Allianz SE.
Managerial activities: Participate in the preparation of the targets of the internal auditors and the senior internal auditors as requested. Supervise the internal auditor and the senior internal auditor throughout the given assignment. Participate in the recruitment of new auditors as requested.
MINIMUM QUALIFICATIONS
Minimum of 5 years' experience in Internal Audit or management position within an Operating Entity.
Demonstrated ability to conduct audits in multiple business areas including Operations and Finance.
Demonstrated in-depth technical knowledge and experience in conducting Internal Audits.
Ability to lead projects timely.
Prior experience in Insurance Industry preferred.
University level education (Masters preferred) with certifications (e.g., Chartered or Certified Public Accountant, Certified Internal Auditor)
Intermediate level or greater competence in Microsoft Excel, Word and PowerPoint software.
Excellent verbal and written communication skills in English. A sufficient level of French, Spanish and/or German would be an advantage.
Prior experience in the management of a team.
Ability to manage multiple priorities and meet deliverables within tight deadlines
Proficiency in the following business skills:
Knowledge of the Group and the company
Financial acumen
Understanding of business function(s)
Looking at processes from a strategic point of view
IT-landscape and virtual processes
Understanding of and aligning with ICS functions
Business English language skills
Consulting skills for business improvement
Knowledge on good business practices
Proficiency in the following technical skills:
Knowledge in Audit methodology
Risk assessment for risk-based audits
Governance and regulatory requirements
Reports writing adapted to audience
Interviewing techniques
Data mining /analytical skills
Root-cause analysis
Project management
Analyzing and mapping processes
Proficiency in the following soft skills:
Communicating the right way / time / tone
Negotiating with different hierarchies
Influencing others without authority
Facilitating / managing conflicts of interests
Engaging people to execute change
Managing people
Working in diverse teams
Empathy for different stakeholders
Service attitude and relationship management