Internal Audit Manager

Position Overview

We are seeking an experienced Internal Audit Manager to lead the internal audit function of a growing organization operating across the real estate and construction sectors. The role will be responsible for evaluating the effectiveness of internal controls, risk management processes, governance frameworks, and operational procedures across property development, construction projects, corporate functions, and other business units.

The successful candidate will provide independent and objective assurance while also working closely with senior management to identify control gaps, mitigate business risks, improve operational efficiency, and strengthen the organization's overall governance framework.

Key Responsibilities

Internal Audit & Risk Management

• Develop and execute the company's annual internal audit plan based on identified business and operational risks.
• Conduct risk-based audits covering real estate development, construction projects, procurement, finance, contracts, project costs, inventory, and corporate operations.
• Evaluate the adequacy and effectiveness of internal controls, policies, procedures, and governance processes.
• Identify control weaknesses, process inefficiencies, financial risks, and potential compliance issues.
• Prepare comprehensive audit reports outlining findings, root causes, risks, and practical recommendations.
• Present audit findings and recommendations to senior management and relevant stakeholders.
• Monitor management's implementation of agreed corrective actions and provide regular follow-up reports.

Real Estate & Construction Audit

• Review project budgets, cost controls, project expenditures, and variance reports.
• Assess controls surrounding construction contracts, subcontractors, suppliers, purchase orders, change orders, progress billings, retention, and project payments.
• Review procurement processes to ensure appropriate authorization, competitive sourcing, segregation of duties, and compliance with company policies.
• Evaluate controls over property acquisition, land development, project development costs, sales transactions, collections, and inventory.
• Conduct audits of construction sites and project operations where required.
• Identify potential areas of cost leakage, duplicate payments, fraud, conflicts of interest, and unauthorized transactions.
• Review project profitability and assess the reliability of management reporting and project cost information.

Governance & Compliance

• Ensure internal audit activities are aligned with company policies, applicable laws, regulations, and recognized internal audit practices.
• Support management in strengthening risk management and corporate governance frameworks.
• Assist in the investigation of suspected fraud, irregularities, and significant control breaches when required.
• Develop and maintain internal audit policies, procedures, audit programs, and working papers.
• Maintain appropriate documentation and audit evidence for all engagements.

Stakeholder & Team Management

• Build strong working relationships with senior management, Finance, Project Management, Procurement, Legal, Sales, and other business functions.
• Lead, coach, and develop internal audit team members.
• Collaborate with external auditors and other assurance providers where appropriate.
• Communicate complex audit and risk matters clearly to senior leadership and non-audit stakeholders.

Qualifications

• Bachelor's degree in Accounting, Finance, Internal Audit, Business Administration, or a related field.
• CPA required.
• 8–10+ years of relevant experience in internal audit, risk management, external audit, or related assurance functions.
• At least 5 years of managerial or supervisory experience.
• Experience in the real estate, construction, property development, engineering, infrastructure, or related industries is highly preferred.
• Strong understanding of internal controls, risk assessment, financial processes, and audit methodologies.
• Proven experience conducting risk-based operational and financial audits.
• Experience auditing construction projects, procurement, contracts, project costs, or property development processes is an advantage.
• Strong analytical, problem-solving, report-writing, and presentation skills.
• Ability to work independently, challenge existing processes, and communicate effectively with senior stakeholders.
• Willingness to conduct occasional site visits and project audits