Position Overview
Hafeet Rail seeks an objective internal auditor to add value and improve operations by bringing a systematic and disciplined approach to the effectiveness of risk management, control, and governance processes. The successful candidate will possess a thorough knowledge of auditing procedures and sound judgment.
Roles and Responsibility
- Perform and control the full internal audit cycle including risk management and control management over operational effectiveness, financial reliability and compliance with all applicable directives and regulations
- Determine internal audit scope and develop annual plans
- Conduct internal audits within the competence
- Engage, coordinate and monitor the performance of the outscored internal auditors services.
- Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc
- Prepare and present reports that reflect audit results and document process
- Act as an objective source of independent advice to ensure validity, legality and goal achievement
- Identify loopholes and recommend risk aversion measures and cost savings
- Maintain open communication with management, Audit Committee and the Board
- Document process and prepare audit findings memorandum
- Conduct follow-up audits to monitor management's interventions
- Engage in continuous knowledge development regarding sector's rules, regulations, best practices, tools, techniques and performance standards
- Maintain all organizational and professional ethical standards and ensure internal audit activities are carried out in compliance with The IIA's International Standards for the Professional Practice of Internal Auditing (Standards).
- To work independently under general direction with extensive latitude for initiative and independent judgment.
- Conduct any special investigations authorised by the management, Audit Committee or the Board.
- Monitor latest trends, developments and legislation related to the audit profession and ensures that these are shared with co-workers and reflected in the audit methodology.
Academic Qualifications
- Degree in Finance & Accounting
- Postgraduate qualification preferred
Professional Qualifications
- Certification equivalent to CIA, CPA, CA, CFA, CMA or ACCA required.
Experience:
- 3 years of full-time experience in internal auditing, risk assurance, risk management.
- Extensive knowledge of internal auditing and accounting principles and practices, and management principles and preferred business practices.
