Cotton Web Limited has announced an excellent career opportunity for an experienced finance and audit professional for the position of Deputy Manager – Internal Audit. The role is designed for candidates who have a strong understanding of risk assessment, internal controls, audit planning, audit procedures, compliance, and follow-up of audit observations.

The company is seeking candidates with a professional qualification such as CA (Finalist), ACCA, or ACMA and 6 to 8 years of relevant experience, including articleship.

This position can be an attractive opportunity for professionals who want to strengthen their careers in internal audit, risk management, corporate governance, and business process improvement.

Job Overview

The Deputy Manager – Internal Audit will be responsible for assessing business risks, supporting risk-based audit planning, executing audit assignments, and following up on management’s agreed action plans.

Internal audit is an important function because it helps organizations identify operational, financial, and compliance risks before they become major problems. The selected candidate will therefore contribute to improving the organization’s internal control environment and ensuring that business processes operate according to established policies and standards.

Position Details

About the Deputy Manager – Internal Audit Role

Internal audit goes beyond simply checking accounting records. It involves reviewing how an organization operates, identifying risks, assessing internal controls, and recommending improvements.

As Deputy Manager – Internal Audit, the successful candidate will examine business processes and operations to determine whether risks are being appropriately managed and whether internal controls are functioning effectively.

The role requires a professional who can understand business processes, identify control weaknesses, conduct structured audits, communicate findings, and follow up until agreed corrective actions are implemented.

Because the position involves interaction with different business functions, strong analytical, communication, documentation, and problem-solving skills will be important.

Key Responsibilities

1. Conduct Risk Assessments

One of the primary responsibilities is to conduct risk assessments of business processes and operations.

Risk assessment allows an organization to understand where potential problems may exist and determine which areas require greater attention.

The Deputy Manager – Internal Audit will need to examine business activities and identify risks that could affect:

• Financial accuracy
• Operational efficiency
• Compliance
• Asset protection
• Business continuity
• Internal controls
• Process effectiveness

A strong risk assessment requires the auditor to understand both the organization’s policies and how processes actually work in practice.

2. Develop Risk-Based Annual Audit Plans

The selected candidate will also assist in developing risk-based annual audit plans.

Rather than auditing every business activity with the same level of attention, risk-based auditing prioritizes areas where the potential impact or likelihood of risk is greater.

The role may involve helping determine:

• Which business processes should be audited
• The appropriate audit frequency
• Areas requiring deeper testing
• Key risks associated with each process
• Audit resources and priorities

This responsibility requires the ability to analyze business risks and translate them into practical audit priorities.

3. Develop Audit Programs

In addition to annual audit planning, the position involves assisting with the development of audit programs.

An audit program provides a structured approach for carrying out an audit assignment. It outlines the procedures and areas that need to be examined.

A well-designed audit program helps ensure that auditors:

• Cover important risk areas
• Perform appropriate testing
• Gather sufficient evidence
• Document their work properly
• Reach supportable conclusions

Candidates with previous experience preparing or executing audit programs will be well suited to this responsibility.

4. Execute Audit Procedures

The Deputy Manager – Internal Audit will be responsible for executing and performing audit procedures.

This is one of the most important practical components of the role.

Audit procedures can involve reviewing documents, examining transactions, evaluating controls, performing analytical procedures, interviewing process owners, testing samples, and assessing whether established procedures are being followed.

The auditor must be able to:

• Understand the audit objective
• Identify relevant evidence
• Perform appropriate testing
• Document findings
• Identify control weaknesses
• Communicate issues clearly

Professional judgment is particularly important when evaluating whether an observed issue represents a significant control weakness or process deficiency.

5. Identify Control Gaps and Audit Observations

During audit assignments, the selected candidate will likely identify areas where business processes do not fully comply with established policies, procedures, or control standards.

Audit observations should be based on appropriate evidence and clearly explain the nature and potential impact of the issue.

Strong audit observations typically communicate:

• What was identified
• Why the issue occurred
• Potential risks or consequences
• Relevant control or policy requirements
• Recommended corrective action

Clear documentation is important because audit findings need to be understood by both management and the relevant process owners.

6. Follow Up on Audit Observations

Internal audit does not end when an audit report is issued.

The position specifically requires the candidate to follow up on the implementation of audit observations and agreed action plans.

This means the Deputy Manager – Internal Audit will need to monitor whether management has implemented the corrective measures agreed during the audit process.

Follow-up activities can include:

• Reviewing management responses
• Monitoring agreed deadlines
• Obtaining supporting evidence
• Verifying implementation
• Identifying overdue action items
• Reporting unresolved observations

Effective follow-up helps ensure that audit recommendations result in actual improvements rather than remaining only as written observations.

7. Ensure Compliance with Policies and Procedures

Another important responsibility is ensuring compliance with the company’s:

• Policies
• Procedures
• Internal control standards
• Established business processes

The auditor will assess whether employees and departments are following approved procedures and whether controls are operating as intended.

Where deviations are identified, the auditor should be able to document the issue and communicate it appropriately.

This requires a strong understanding of internal control principles and the ability to maintain professional independence during audit assignments.

Educational Requirements

Cotton Web Limited is looking for professionals holding one of the following qualifications:

CA (Finalist)

ACCA

ACMA

These professional qualifications provide a strong foundation in accounting, auditing, financial management, risk, and internal controls.

Candidates should clearly mention their professional qualification and current status in their CV.

Experience Required

The vacancy requires:

6–8 Years of Experience, Including Articleships

This indicates that the organization is looking for an experienced audit and finance professional who can independently handle important aspects of audit assignments.

Relevant experience may include:

• Internal audit
• External audit
• Risk assessment
• Internal controls
• Compliance
• Audit planning
• Audit execution
• Financial controls
• Operational auditing
• Audit observation follow-up

Experience gained during articleship can also contribute toward the specified experience requirement, as stated in the advertisement.

Skills Needed for Success

Candidates applying for the Deputy Manager – Internal Audit role should ideally possess a combination of technical and interpersonal skills.

Important skills include:

• Risk assessment
• Internal auditing
• Audit planning
• Audit program development
• Audit execution
• Internal controls
• Compliance
• Analytical thinking
• Problem-solving
• Report writing
• Documentation
• Communication
• Professional judgment
• Follow-up and monitoring
• Attention to detail

An effective internal auditor should also be able to communicate findings professionally, especially when discussing control weaknesses with different departments.

Who Should Apply?

This opportunity may be suitable for professionals currently working in roles such as:

• Internal Audit Manager
• Assistant Manager Internal Audit
• Senior Internal Auditor
• Audit Executive
• Senior Audit Associate
• Risk & Compliance Professional
• External Audit Professional

Candidates with experience in auditing business processes and operations, rather than only financial statements, may find the role particularly relevant.

Professionals with exposure to manufacturing or other operational environments may also benefit from their understanding of process-level risks and internal controls.

How to Prepare Your CV

A strong CV can significantly improve the clarity of your application.

Candidates should highlight:

• CA Finalist / ACCA / ACMA qualification
• 6–8 years of experience including articleship
• Internal audit experience
• Risk assessment experience
• Audit planning
• Audit program development
• Audit procedures performed
• Internal control testing
• Compliance reviews
• Audit observations
• Corrective action follow-up
• Process improvement experience

Where possible, include measurable achievements.

For example, instead of simply stating that you “conducted internal audits,” explain the types of processes audited and how your work helped identify control weaknesses or improve compliance.

Why This Role Can Be a Strong Career Move

The Deputy Manager – Internal Audit position provides exposure to several areas that are highly valuable for finance and accounting professionals.

The role allows candidates to develop expertise in:

• Enterprise risk awareness
• Internal controls
• Operational processes
• Corporate compliance
• Audit planning
• Business process evaluation
• Management reporting
• Corrective action monitoring

These skills can support future career progression into senior positions within internal audit, risk management, compliance, finance, and corporate governance.

For professionals holding CA, ACCA, or ACMA qualifications, this role can therefore provide an opportunity to apply technical knowledge to broader business operations.

Application Process

Interested and qualified candidates should submit their application to the recruitment team at:

[email protected]

Applicants should send an updated CV that clearly reflects their professional qualification and 6–8 years of experience, including articleship.

Before Applying, Make Sure You Have:

• A current and professional CV
• Your CA Finalist, ACCA, or ACMA status clearly mentioned
• Relevant audit experience highlighted
• Risk assessment and internal control experience included
• Audit planning and execution responsibilities explained
• Accurate contact details
• Relevant achievements included

Candidates should use a clear email subject mentioning “Deputy Manager – Internal Audit” so the recruitment team can easily identify the position for which they are applying.

Company Information

For more information about Cotton Web Limited, candidates can visit the company’s website:

www.cottonweblimited.com

Applicants are encouraged to review the company’s information and ensure that their professional profile aligns with the requirements of the position before applying.

Frequently Asked Questions

What is the position offered by Cotton Web Limited?

The company is hiring for the position of Deputy Manager – Internal Audit.

What qualification is required?

Candidates should be CA Finalist, ACCA, or ACMA.

How much experience is required?

The vacancy requires 6–8 years of experience, including articleship.

What are the main responsibilities?

The role includes risk assessment, audit planning, audit program development, audit execution, follow-up of audit observations, and compliance with company policies and control standards.

How can I apply?

Interested candidates can send their CV to [email protected].

Where can I find more information about Cotton Web Limited?

Additional company information is available at www.cottonweblimited.com.

Final Thoughts

The Deputy Manager – Internal Audit opportunity at Cotton Web Limited is a promising career option for qualified finance and audit professionals looking to take on greater responsibility in risk management, internal controls, compliance, and business process auditing.

With a requirement of CA Finalist, ACCA, or ACMA and 6–8 years of experience including articleship, the position is aimed at professionals who already have a solid foundation in accounting and auditing.

The successful candidate will contribute to identifying business risks, developing risk-based audit plans, executing audit procedures, monitoring corrective actions, and ensuring that organizational policies and control standards are followed.

If your experience matches these requirements, prepare a targeted CV that highlights your audit, risk assessment, internal control, and compliance expertise and send your application to [email protected].

This is an excellent opportunity to advance your internal audit career while contributing directly to stronger controls, better compliance, and improved business processes at Cotton Web Limited.