Assistant Manager Internal Audit

The job holder will be responsible for executing scheduled Audits/ Review tasks across Group entities, under the supervision of Head Internal Audit / Senior Manager Internal Audit, and as per the Annual Audit Plan, on the efficient use of resources, the effectiveness of controls and the impact of the residual risks.

Responsibilities

Audit Planning

Prepare audit plans based on process discussions with auditees for areas assigned by Head - Internal Audit

Audit plan should ensure adequate coverage for establishing

o Effectiveness of internal controls so that processes operate with operational and financial integrity.

o Identification of improvement areas to enhance, simplify, automate controls as well as improve process efficiency.

o Ensure safeguarding of assets and achievement of organizational objectives.

Incorporate new methods, techniques and tools in planning (as well as executing) audits

Audit Execution & Reporting

Ensure timely and appropriate execution of audit while ensuring

o Adequate coverage of transactions

o Deploying accepted tools and techniques to make audit process efficient

o Keeping in context materiality as well as weaknesses observed in process

Perform high-end data analytics

Come up with recommendations that are value-adding and practical and significantly improve on current operations

Write concise, clear reports with facts and explanations that are suitable for senior management while at the same time are very actionable

Highlight potential risks and quantify either value at stake or improvement potential wherever applicable

Maintain audit standards, working papers and overall, a highly professional approach

Follow up and ensure implementation of recommendations, if possible, to the last mile

Audit Integrity & Standards

Exercise discretion in the review of records to ensure confidentiality

Ensure adherence to the internal audit department's SoP's and Policies for self and reportees

Miscellaneous

Ensure appropriate Audit technology tools are used to provide the highest level of assurance in an efficient manner

Advice in decision making, framing of policies, cost rationalization by providing independent analysis

Occasionally also take up business improvement projects

Monitor international developments, emerging trends and best practices in internal auditing and implement them if applicable

Qualifications

Chartered Accountant / Cost Accountant, or alternative Finance qualifications (Bachelor Degree)

36 years of post-qualification experience in an Internal Audit function across Financial, Operational and Management Auditing, preferably retail sector experience.

Moderate exposure to risk assessment and management audits

Bilingual: Both English and Arabic language skills required (Read, Speak, Write)

Integrated Internal Auditing Process, Tools and Methodologies

Risk Modelling and Assessment Techniques

International Accounting Practices

Professional Auditing Standards

MS Office Skills