Internal Auditor Senior Manager (Saudi Only)

col-narrow-left 

Job ID:

3229

Category:

Accounting
col-narrow-right 

Job Views:

325

Employment Type:

Full time

Posted:

11.06.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance

Job Description:

Job description

Management

§ Guiding and helping internal audit Managers and Assistant Managers to ensure accomplishment of their objectives and daily tasks in the most effective and efficient way 

§ Managing the departmental team in a way to utilize the resources in an efficient and economical manner as per the approved audit plan 

§ Participate in various committees / teams relating to different departments in order to support development of new policies / procedures and bringing improvements in the operations 

Budgets and Plans

§ Assisting BG director in preparing and managing department budgets and team Management (TMS) 

§ Report risk assessment and risk identification process and documentations to BG director 

§ Develop risk based annual internal audit plan by providing insights and updates on BU risk environment 

§ Propose allocation for BU resources to BG Director of IA 

§ Planning & allocating the timing of each assignment as well as team members’ audit hours’ availability within the Audit Plan and submit for BG IA Director approval. 

Policies, Systems, Processes & Procedures

§ Review the established systems to ensure compliance with policies, plans, procedures, laws and regulations which could have a significant impact on operations and report to BG IA director 

§ Identifying process changes using various techniques in order to weigh the impact and probability of risk factors according to its significance to the overall objectives of the process and evaluate separately the entity process risk scoring 

§ Monitor day to day basis the progress and rating of each project 

§ Develop internal audit procedures for BU 

Job Specific Accountability 1

§ Individual IA assignments planning, executing, supervising and reviewing regarding financial / operational internal audit assignments 

§ Make written recommendations to process owners to increase efficiency and/or effectiveness of the control systems of functions reviewed 

§ Reviewing the control weaknesses and suggesting the required improvements 

§ Regular meetings with BLT members to ensure recommendation are well reviewed and are in action 

Job Specific Accountability 2

§ Discussing and assisting BG director for review of audit findings as part of fieldwork for complex assignments 

§ Driving the implementation of necessary actions by obtaining the relevant commitments from management 

§ Job Specific Accountability 3

§ To perform ad hoc investigations and reviews at the request of the SFC Head of IA and BG IA director 

§ Preparing comprehensive audit reports for different types of assignments and sharing them with BU IA director for their review and necessary action. 

Standards & Regulations 

§ Assisting and discussing with BG director for following the standards of IPPF 

Organization Structure. 

§ Consider staff development needs - training, continuous professional development and succession planning 

§ Assisting BG director in evaluating staff expertize in different areas to ensure maximum utilization 

Continuous Improvement

§ Support BU management, BLT and bellow lines, by recommending ways to be in conformity with HQ requirement and bridge identified gaps. 

Process Universe

§ Attend related workshops required to gain understanding of the processes with concerned BLT members 

§ Identifying process owners and provide insights on their role 

§ Review updated process universe on annual basis and provide coaching and guidelines to IA manager and IA assistant manager 

§ Rate identified processes based on different criteria as part of developing process universe 

§ Prepare draft process universe after incorporating all updates 

Process prioritization

§ Arrange meeting with BLT members to discuss the significance of various processes on BU level to understand their complexities in order prioritize them based on the risk factors 

Development of Annual Audit Plan

§ Based on available audit resources and proposed area of coverage develop detailed time plan required to conduct the annual audit plan 

§ contact BU GM and BLT members to get their feedback and concerns on the areas to be incorporated in the audit plan 

§ Review and analysis the feedback and concerns received from BU BLT for IA BG director alignment 

§ Defining Audit objectives for all assignment included in the audit plan 

Execution of Annual Audit Plan

§ Review and issue of Audit engagement commencement letters 

§ Conducting a kick of meeting with concerned BLT member and relevant process owner before the start-up of audit engagement. 

§ Oversight the business understanding documentation process for BG-IA director alignment and approval 

§ Conduct a detailed risk assessment process 

§ Evaluating the efficiency and effectiveness of current controls to determine if those controls can truly mitigate the risks that can threaten the Company 

§ Preparing audit program for the approval of BG IA director and design audit steps based on Business Process Understanding (BPU) 

§ Review the audit samples to ensure adequacy, quality and compliance with IA sampling criteria 

§ Validate identified audit issues and recommendations for BG IA director review 

§ Discuss audit findings and recommendations with concerned BU BLT 

§ Develop meaningful and practical audit recommendations and guidance to clients with respect to improving the effectiveness of risk management, control and governance processes over their operations 

§ Prepare brief of identified audit gaps/matters for BG-IA director review before sharing draft report for management feedback and comments. 

§ Arrange and conduct a wrap up meeting with BLT and relevant process owners to discuss the audit finding and agree on management corrective actions 

Issue Tracking Program

§ Review follow-up audit procedures to appraise the adequacy of the corrective action taken in order to improve deficient conditions 

§ follow up with BU BLT to close all pending high matters on a monthly basis 

§ Validate corrective action and related documentation submitted by relevant process owners 

§ Review gap-wise aging report for open and closed high matters 

Maintain audit automation and Electronic working paper system

§ Application and understanding of different segments of audit automation, EWP and IA management software 

§ Reviewing projects in EWP (Electronic Work Paper) as part of fieldwork made by BU IA team. 

§ Coaching of BU IA team members. 

§ Ensures that all audit findings, exceptions and proposed adjustments in working papers are adequately documented 

§ Ensure clearance of BG IA director coaching notes 

Others

§ Perform Flash reviews and value addition tasks based on the directives of HQ/BG Head of IA 

§ Review the monthly Sing-off information of the BU and report unusual deviations. 

§ To prepare the Executive reports following issuance of limited review audits for the review of BG-IA director 

§ Reporting the risk profile of audit observations to BG-IA director on regular basis. 

§ Review of recap of identified issues/gaps on annual basis classified by process owners/department. 

§ Provide BG IA director with necessary summary of identified high matters following issuance of an audit report.

Job Requirements:

QUALIFICATIONS, EXPERIENCE, & SKILLS 

Academic and professional qualifications: 

§ Bachelor’s Degree from a regionally accredited institution in Accounting, Business Administration, Business Management, Finance or a closely related field. 

§ Excellent communication skills are essential in dealing with client and colleagues 

§ Proficiency in the use of word processing and spread sheet software, Word and Excel 

§ Excellent report writing skills 

Experience

§ Minimum 12-15 years of relevant experience in Internal Audit

Company Info
Savola Gorup
Saudi Arabia

Phone:
Web Site: http://www.savola.com

Company Profile

Company Info


Savola Gorup
Saudi Arabia
Phone:
Web Site: http://www.savola.com

Internal Auditor Senior Manager (Saudi Only)

col-narrow-left 

Job ID:

3229

Category:

Accounting
col-narrow-right 

Job Views:

325

Employment Type:

Full time

Posted:

11.06.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance

Job Description:

Job description

Management

§ Guiding and helping internal audit Managers and Assistant Managers to ensure accomplishment of their objectives and daily tasks in the most effective and efficient way 

§ Managing the departmental team in a way to utilize the resources in an efficient and economical manner as per the approved audit plan 

§ Participate in various committees / teams relating to different departments in order to support development of new policies / procedures and bringing improvements in the operations 

Budgets and Plans

§ Assisting BG director in preparing and managing department budgets and team Management (TMS) 

§ Report risk assessment and risk identification process and documentations to BG director 

§ Develop risk based annual internal audit plan by providing insights and updates on BU risk environment 

§ Propose allocation for BU resources to BG Director of IA 

§ Planning & allocating the timing of each assignment as well as team members’ audit hours’ availability within the Audit Plan and submit for BG IA Director approval. 

Policies, Systems, Processes & Procedures

§ Review the established systems to ensure compliance with policies, plans, procedures, laws and regulations which could have a significant impact on operations and report to BG IA director 

§ Identifying process changes using various techniques in order to weigh the impact and probability of risk factors according to its significance to the overall objectives of the process and evaluate separately the entity process risk scoring 

§ Monitor day to day basis the progress and rating of each project 

§ Develop internal audit procedures for BU 

Job Specific Accountability 1

§ Individual IA assignments planning, executing, supervising and reviewing regarding financial / operational internal audit assignments 

§ Make written recommendations to process owners to increase efficiency and/or effectiveness of the control systems of functions reviewed 

§ Reviewing the control weaknesses and suggesting the required improvements 

§ Regular meetings with BLT members to ensure recommendation are well reviewed and are in action 

Job Specific Accountability 2

§ Discussing and assisting BG director for review of audit findings as part of fieldwork for complex assignments 

§ Driving the implementation of necessary actions by obtaining the relevant commitments from management 

§ Job Specific Accountability 3

§ To perform ad hoc investigations and reviews at the request of the SFC Head of IA and BG IA director 

§ Preparing comprehensive audit reports for different types of assignments and sharing them with BU IA director for their review and necessary action. 

Standards & Regulations 

§ Assisting and discussing with BG director for following the standards of IPPF 

Organization Structure. 

§ Consider staff development needs - training, continuous professional development and succession planning 

§ Assisting BG director in evaluating staff expertize in different areas to ensure maximum utilization 

Continuous Improvement

§ Support BU management, BLT and bellow lines, by recommending ways to be in conformity with HQ requirement and bridge identified gaps. 

Process Universe

§ Attend related workshops required to gain understanding of the processes with concerned BLT members 

§ Identifying process owners and provide insights on their role 

§ Review updated process universe on annual basis and provide coaching and guidelines to IA manager and IA assistant manager 

§ Rate identified processes based on different criteria as part of developing process universe 

§ Prepare draft process universe after incorporating all updates 

Process prioritization

§ Arrange meeting with BLT members to discuss the significance of various processes on BU level to understand their complexities in order prioritize them based on the risk factors 

Development of Annual Audit Plan

§ Based on available audit resources and proposed area of coverage develop detailed time plan required to conduct the annual audit plan 

§ contact BU GM and BLT members to get their feedback and concerns on the areas to be incorporated in the audit plan 

§ Review and analysis the feedback and concerns received from BU BLT for IA BG director alignment 

§ Defining Audit objectives for all assignment included in the audit plan 

Execution of Annual Audit Plan

§ Review and issue of Audit engagement commencement letters 

§ Conducting a kick of meeting with concerned BLT member and relevant process owner before the start-up of audit engagement. 

§ Oversight the business understanding documentation process for BG-IA director alignment and approval 

§ Conduct a detailed risk assessment process 

§ Evaluating the efficiency and effectiveness of current controls to determine if those controls can truly mitigate the risks that can threaten the Company 

§ Preparing audit program for the approval of BG IA director and design audit steps based on Business Process Understanding (BPU) 

§ Review the audit samples to ensure adequacy, quality and compliance with IA sampling criteria 

§ Validate identified audit issues and recommendations for BG IA director review 

§ Discuss audit findings and recommendations with concerned BU BLT 

§ Develop meaningful and practical audit recommendations and guidance to clients with respect to improving the effectiveness of risk management, control and governance processes over their operations 

§ Prepare brief of identified audit gaps/matters for BG-IA director review before sharing draft report for management feedback and comments. 

§ Arrange and conduct a wrap up meeting with BLT and relevant process owners to discuss the audit finding and agree on management corrective actions 

Issue Tracking Program

§ Review follow-up audit procedures to appraise the adequacy of the corrective action taken in order to improve deficient conditions 

§ follow up with BU BLT to close all pending high matters on a monthly basis 

§ Validate corrective action and related documentation submitted by relevant process owners 

§ Review gap-wise aging report for open and closed high matters 

Maintain audit automation and Electronic working paper system

§ Application and understanding of different segments of audit automation, EWP and IA management software 

§ Reviewing projects in EWP (Electronic Work Paper) as part of fieldwork made by BU IA team. 

§ Coaching of BU IA team members. 

§ Ensures that all audit findings, exceptions and proposed adjustments in working papers are adequately documented 

§ Ensure clearance of BG IA director coaching notes 

Others

§ Perform Flash reviews and value addition tasks based on the directives of HQ/BG Head of IA 

§ Review the monthly Sing-off information of the BU and report unusual deviations. 

§ To prepare the Executive reports following issuance of limited review audits for the review of BG-IA director 

§ Reporting the risk profile of audit observations to BG-IA director on regular basis. 

§ Review of recap of identified issues/gaps on annual basis classified by process owners/department. 

§ Provide BG IA director with necessary summary of identified high matters following issuance of an audit report.

Job Requirements:

QUALIFICATIONS, EXPERIENCE, & SKILLS 

Academic and professional qualifications: 

§ Bachelor’s Degree from a regionally accredited institution in Accounting, Business Administration, Business Management, Finance or a closely related field. 

§ Excellent communication skills are essential in dealing with client and colleagues 

§ Proficiency in the use of word processing and spread sheet software, Word and Excel 

§ Excellent report writing skills 

Experience

§ Minimum 12-15 years of relevant experience in Internal Audit

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