A Day in the Life of an Internal Audit Manager at Compass Diversified
Barbara's role as Manager - IA at Compass Diversified involves a wide range of responsibilities, including "planning audits," "performing risk assessments," designing and implementing controls for portfolio companies, and conducting fraud examinations. The position requires significant multitasking and communication with both internal and external stakeholders, highlighting the multifaceted nature of internal audit management.
Project Management, Communication, Risk Assessment, Fraud Examination, Internal Controls
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Barbara Anderson
Manager - IA
Compass Diversified
Makerere University Kampala
Makerere University Kampala, BSc Agri-Business Management
Business & Related
Finance (Banking, Fintech, Investing)
Finance
Scholarship Recipient, Immigrant
Video Highlights
1. Manages and performs risk assessments and audits for multiple companies
2. Designs and implements internal controls within portfolio companies
3. Communicates with internal and external stakeholders, including subsidiaries and external auditors
Transcript
What are your main responsibilities within your current role?
As a manager, you are in charge of planning audits or performing risk assessments. This includes scheduling the audits for the year, as we have different phases and must align them with management schedules at the companies.
We design and help implement controls for our portfolio companies. We also perform fraud examinations as separate internal audit projects, which are not necessarily SOC based.
We communicate with the subsidiaries and our external auditors. It's a lot of communication and then executing the job, requiring a lot of multitasking. In a nutshell, much of my work involves the list of areas that I've mentioned.
Advizer Personal Links