Internal Audit Specialist (DIL)

Job Summary

The Internal Audit Specialist is responsible for supporting the execution of risk-based complianceand operational audits across the organization. This role assesses the effectiveness of internal controls, evaluates adherence to company policies and regulatory requirements, and identifies process inefficiencies. Working closely with audit leads, process owners, and cross-functional teams, the Specialist provides practical, risk-informed recommendations to strengthen governance, compliance, and internal control frameworks. All work is executed in accordance with professional audit standards and the internal audit methodology.

Key Duties and Responsibilities

Compliance Audit Planning & Scoping

· Contribute to the development of risk-based audit plans and programs aligned with organizational and regulatory priorities.

· Assist in defining audit scope and objectives based on relevant policies, standards, and risk exposures.

· Participate in planning meetings to gather contextual and background information on audit areas

Audit Execution

· Conduct process walkthroughs and compliance testing to assess control design and effectiveness.

· Review operational processes for adherence and alignment with corporate policies, procedures, and applicable regulations.

· Perform data sampling, document reviews, and interviews with control owners to identify potential gaps.

Audit Documentation & Reporting

· Prepare accurate, complete, and well-structured audit working papers that support findings and conclusions.

· Draft clear, concise, and actionable audit reports with prioritized recommendations.

· Provide value-adding suggestions to improve internal control effectiveness, compliance, and process efficiency.

Issue Follow-Up & Monitoring

· Track the timely implementation of agreed corrective actions from previous audits.

· Conduct follow-up reviews to confirm resolution and closure of identified issues. Stakeholder Engagement · Engage constructively with process owners, compliance teams, and business units throughout the audit lifecycle.

· Present audit findings professionally and support resolution of audit observations through discussion and collaboration Governance & Policy Support

· Assist in the periodic review of corporate policies, procedures, and compliance frameworks for completeness, accuracy, and effectiveness.

· Support initiatives aimed at strengthening internal controls and improving governance structures Standards & Quality Assurance

· Ensure audit activities comply with the International Standards for the Professional Practice of Internal Auditing (IIA Standards). 

· Participate in internal audit quality improvement initiatives and contribute to team knowledge sharing 

Key Requirements

1. Bachelor's degree in Accounting, Finance, Business Administration, or a related field.

2. Professional certifications such as ACA, ACCA, or CIA are preferred.

3. Minimum of 5 years of experience in internal auditing, with exposure to both financial and

operational audits.

4. Working knowledge of SAP, SAP GRC, or other ERP systems is an advantage.

5. Strong analytical, problem-solving, and report-writing skills.

6. High ethical standards, attention to detail, and ability to handle sensitive information with

discretion.

7. Willingness to travel domestically and internationally as required

Functional Competencies

1. Audit Execution & Methodology – Solid understanding of risk-based auditing, internal controls (e.g., COSO), process walkthroughs, and control testing.

2. Regulatory & Policy Compliance – Knowledge of applicable laws, regulations, and internal policy frameworks.

3. Control Evaluation – Ability to assess and document control effectiveness and identify deficiencies or improvement opportunities.

4. Reporting & Documentation – Skilled in drafting audit observations and producing structured audit reports with clear findings and recommendations.

5. Issue Tracking & Monitoring – Ability to follow up on remediation efforts and validate issue closures.

6. Analytical Thinking – Strong data analysis and critical thinking skills to detect risks, fraud indicators, or non-compliance.

7. Communication Skills – Proficient in presenting audit findings in a clear, constructive, and business-relevant manner.

8. Stakeholder Engagement – Effective collaboration with control owners, business managers, and senior stakeholders.

9. Technology Proficiency – Competent in the use of audit tools (e.g., SAP GRC), Excel, Power BI, and data analytics tools.

10. Professionalism & Ethics – High degree of integrity, confidentiality, and commitment to continuous professional development.