Internal Audit Manager

Role Overview

Internal Audit Manager at GCGRA (General Commercial Gaming Regulatory Authority). The role executes audit engagements, conducts follow-up reviews, and maintains continuous assurance processes in accordance with the audit plan, primarily focusing on testing procedures to evaluate the adequacy of governance, risk management, and control processes.

Role Purpose

The Internal Audit Manager contributes to internal controls assurance and improvement across GCGRA's operations. The role supports the annual audit planning cycle, delivers advisory assignments, and ensures robust testing and evaluation of the organization's control environment.

Key Responsibilities

Risk Assessment and Annual Audit Planning

• Support gathering and analysis of organizational context.
• Prepare and maintain an up-to-date audit universe.
• Assist in risk-assessment workshops with management.
• Develop and update draft risks and controls registers and their evaluations.
• Contribute to drafting the risk assessment report and audit plan.

Audit Engagements Planning

• Prepare preliminary and advanced information requests.
• Conduct process walkthroughs with process owners and document process understanding.
• Perform initial data analysis to inform sampling strategy.
• Prepare updated risk and controls matrix and corresponding audit program.
• Draft risk and controls matrices at engagement level and develop testing plan.

Audit Engagements Fieldwork

• Gather evidence and make advanced information requests.
• Conduct thorough testing and analysis of processes, systems, and controls to identify weaknesses, irregularities, and non-compliance.
• Validate preliminary results with process owners and auditees.
• Submit results to the Head of IA and address Quality Assurance review points over fieldwork.

Audit Engagements Reporting and Close-Out

• Contribute to drafting of audit report.
• Attend and document closing meetings.
• Compile audit folder documentation for final Quality Assurance review.
• Continuously update the audit management system with audit records.

Audit Report Follow-Up Validation Testing

• Engage with auditees to track and notify them of actions.
• Obtain evidence and validate implementation of actions.
• Consolidate draft report of follow-up review.

Continuous Assurance

• Review the technology landscape and data points.
• Develop and continuously refine control testing scenarios.
• Validate analytics results and formulate draft conclusions and evaluations.
• Assist with the development and improvement of the continuous assurance solution.

Audit Governance, Strategy, and Additional Tasks

• Report to the Head of IA regularly on status of engagement tasks.
• Contribute to Quality Assurance and Improvement Program ongoing and periodic assessments.
• Research Internal Audit leading practices, benchmarks, and IIA requirements and guidance.
• Support preparation of Audit and Risk Committee reporting materials and meetings.
• Support the Internal Audit function's projects.
• Perform adhoc tasks and advisory engagements as directed by the Head of IA.

Qualifications & Experience

• At least 7 years of experience in internal auditing.
• Practical experience in application of the Institute of Internal Auditors' International Professional Practices Framework.
• Preferably experience within the gaming industry or regulatory agency.
• Solid understanding of internal controls and business processes.
• Solid understanding of AML/CFT risk topologies and compliance controls.
• Bachelor's degree in accounting, finance, or a related field.
• Professional certification such as Certified Internal Auditor or equivalent.

Skills & Competencies

• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels.
• Proficiency in data analytics.