JOB OBJECTIVES

The Assistant Internal Audit Manager supports the Internal Audit Manager in planning and supervising audit engagements to ensure alignment with regulatory requirements, internal policies, and risk management priorities. This role involves reviewing audit work for quality and consistency, evaluating internal controls, and contributing to the identification of operational and compliance risks. It includes assisting in audit reporting, liaising with departments to implement recommendations, and supporting coordination with external auditors. The position helps reinforce a strong control culture and continuous process improvement.

Key Accountability

• Audit Planning and Execution
  1. Support the development of risk-based audit plans focused on real estate operations, property management, sales, and leasing.
• Risk Assessment and Internal Control Evaluation
  1. Identify and evaluate risks across development projects, joint ventures, and property acquisitions.
  1. Review internal controls related to procurement, project costing, budgeting, and revenue recognition.
• Compliance and Regulatory Checks
  1. Ensure compliance with relevant real estate regulations, tax laws, and financial reporting standards.
  1. Monitor adherence to internal policies and external regulatory requirements.
• Reporting and Recommendations
  1. Prepare audit reports highlighting key findings, risks, and actionable recommendations.
  1. Communicate results to senior management and follow up on the implementation of corrective actions.
• Support for External Audits and Due Diligence
  1. Coordinate with external auditors, providing necessary documentation and clarifications.
  1. Assist with internal assessments during acquisitions, disposals, or development partnerships.
• Process Improvement
  1. Identify inefficiencies or control weaknesses in real estate processes and propose improvements.
  1. Recommend technology tools or automation to enhance reporting and control monitoring.
• Team Leadership and Training
  1. Supervise junior auditors, providing guidance and ensuring quality work.
  1. Assist in developing audit methodologies and training staff on audit standards and real estate-specific issues.
• Stakeholder Engagement
  1. Collaborate with departments such as finance, legal, property management, and development teams to understand operations and risk areas.
• Build professional relationships that support a culture of accountability and transparency.

Skills

• Real Estate Regulatory and Compliance Knowledge
• Financial and Operational Audit Planning
• Construction and Property Development Oversight
• Lease and Tenancy Agreement Review
• Communication, Report Writing and Presentation
• Audit Software and Excel Proficiency
• Procurement and Vendor Process Review
• ERP and Property Management Systems (e.g., Yardi, SAP)
• Analytical Thinking and Problem-Solving
• Team Leadership and Supervision
• Time Management and Prioritization
• Fraud Detection and Prevention in Real Estate Operations, Property Sales, and Lead Conversion

Education/Knowledge, Skills, Attributes, Experience and other Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• Professional certification such as ACA, ACCA, or CIA (preferred or required)
• Minimum of 3–5 years of relevant audit experience
• At least 1–2 years in a supervisory or managerial audit role
• Strong understanding of internal control frameworks and risk management principles
• Familiarity with real estate industry regulations and operational processes
• Proficiency in audit software and data analysis tools
• Strong analytical and problem-solving abilities
• Excellent written and verbal communication skills
• Proven ability to lead audit teams and coordinate cross-functional engagements
• High ethical standards and strong attention to detail
• Ability to prepare and present audit findings to senior management and stakeholders, including communication and interpersonal skills

Attitude and Approach

• Honesty and Integrity
• Professional and approachable attitude
• Aligns audit efforts with organizational objectives and long-term risks
• Guides and motivates audit staff, promoting accountability and excellence in performance
• Stays updated on audit standards, industry trends, and regulatory changes