About the job
Job Purpose
Execute Internal Audit Projects in the given timeline as per agreed guidelines to ensure that all identified risks are addressed by management with high level of efficiency and effectiveness. This position is responsible for assisting the audit manager/Head in order to maintain an effective system of internal controls across the organization. Duties will be performed in accordance with acceptable audit standards
OPERATIONAL
Execute Internal Audit projects based on the annual audit plan and the risk assessment.
Assist the Audit Manager/Head in the development of an audit program and testing strategy for assigned audit projects to ensure all key business risks and controls are evaluated.
Conduct interviews, review documents, develop and administer surveys, compose summary memos, prepare working papers, identify and define issues, review and analyse evidences, document processes and procedures, and document issues and recommendations.
Maintain the Company’s standard for the Professional Practice of Internal Auditing and the Code of Ethics developed by The Institute of Internal Auditors
Update the risk register during the planning of each project to identify the high-risk areas requiring testing
Stays abreast of general business/economic developments and new professional announcements & standards to gain an understanding of their links and impact on the organization. Understands and applies technical standards.
Maintains a positive, professional relationship with staff and management at all levels, including maintaining a professional appearance at all times.
Coordinate with other Audit business units and activities so that it effectively utilises its resources.
Assist the Audit Manager/Head in preparing the audit programs and working paper documentation to ensure the retained documentation supports the audit work performed by Internal Auditor
Implement the audit program and identify the internal control weaknesses, non-compliance with organizational policies and/or laws and regulations, as well as opportunities to improve operational effectiveness.
Perform the test of controls and draft effective and practical recommendations for audit findings.
Prepare audit reports, ensuring audit objectives are met, conclusions are documented and supported, and recommendations are clear, concise, and practical.
Perform follow-up procedures to determine whether recommendations have been implemented
Pursue professional development opportunities including external and internal training and share information gained with co-workers.
Prepare initial background, scope, findings, recommendations, and any corrective actions necessary and practice the ability to demonstrate them to the audit audiences both orally and in writing.
Actively seeks knowledge of new, automated, or more efficient audit techniques to implement to increase departmental efficiency and effectiveness.
Perform any other tasks as directed by the Internal Audit Manager/Head
REPORTING
Prepare the audit reports, expressing opinion on the adequacy, effectiveness and efficiency of the system or function under review, and presents findings to Audit Manager/Head
Report to Audit Manager/Head on monthly basis on the related pending remediation plans
Follow up
Ensure that all agreed remediation plans are subsequently implemented.
Perform follow-up procedures timely to determine whether agreed remediation action plans have been implemented.
PEOPLE MANAGEMENT
Keep abreast with all the latest updates in the audit, risk management and fraud field and improve the abilities of the department abilities.
Education
Accounting or Business or similar university degree from a recognized university.
Professional certification such as CPA/ ACCA/ CIA/ CRMA/ CFE would be a plus
Experience, Skills & Competencies
A minimum of 2 years of relevant experience, retail industry is a plus, Previous GCC experience is considered beneficial.
TECHNICAL COMPETENCIES
Finance/Accounting
Business process
Risk and Control
Compliance & Regulatory Requirements
External/Internal Audit
Audit Reporting
Good verbal and written communication and presentation skills.
Strong interpersonal skills—ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action.
Project management experience would be a plus.
Proficient in MS Word, Excel and PowerPoint.
Posted on Mar 6, 2024.
Seniority Level: Specialist-Level
Job Functions: Finance & Accounting
Industries : Information Technology
