Manager

Audit Planning

Develop and implement risk-based internal audit plans for project operations.

Identify key risks associated with project execution, including financial, operational, and compliance risks.

Design audit scopes, objectives, and timelines for reviewing projects. Internal Control Evaluation:

Assess the effectiveness and efficiency of internal controls related to project activities, including procurement, budgeting, financial reporting, and resource allocation.

Identify weaknesses in controls and recommend improvements. Project Financial Audits:

Review financial records of projects to ensure accuracy and compliance with accounting standards.

Conduct audits of project budgets, funding, cost allocation, and expenditure.

Monitor adherence to contractual obligations and project funding agreements. Compliance and Risk Management:

Ensure that project activities comply with relevant laws, regulations, and internal policies.

Identify potential risks in project management processes and suggest strategies to mitigate them.

Conduct audits related to regulatory compliance, contract management, and external reporting requirements. Project Performance Audits:

Evaluate the performance of projects, ensuring that objectives are being met within budget, timeline, and scope.

Review the efficiency of project resource utilization (staff, equipment, etc.).

Conduct post-implementation audits to assess the success and sustainability of projects. Reporting and Recommendations:

Prepare audit reports with findings, conclusions, and recommendations for management.

Present audit results to project managers, senior leadership, and other stakeholders.

Follow up on audit recommendations to ensure corrective actions are implemented.