Group Internal Audit Manager

Bachelor of Commerce (Commerce), Bachelor of Business Administration

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

• Develop a risk-based annual Internal Audit plan based on the company’s risk management framework for the Board of Directors’ review and approval.
• Develop a robust internal audit framework and define audit policies covering all businesses, functions, and locations, based on benchmarking with industry best practices and consolidating technical and non-technical risks.
• Initiate, develop, implement, and ensure adherence to the Internal Audit policies and procedures.
• Conduct regular reviews of financial, technical, and operational internal controls in accordance with the company’s established objectives, policies, procedures, practices, and standards.
• Develop and review risk rating criteria and risk mitigation measures/treatment plans to address relevant risks.
• Provide technical assistance with external investigations, special audits, and provide subject-matter expertise as needed.
• Act as a consultant in relation to opportunities for the reduction of costs/reorganization of processes, as well as for recommendation of best practices and implementation of the same while ensuring legality and validity.
• Perform periodic internal audits for all subsidiaries with the help of country/subsidiary-based internal auditors.
• Review internal controls and regularly report findings to the Directors.
• Manage and assist in the design, implementation, and monitoring of an effective internal control.
• Maintain audit files by documenting the audit procedures used and each of the audit reports completed, including effective quality control processes.
• Handle fraud and theft investigations with reference to fraud deterrence principles.
• Ensure methodical documentation of work plans, testing results, conclusions, reports, and recommendations as well as regular follow-up on findings and corrective actions.
• Oversee regular and systematic audit of financial records & transactions, operational processes, payments related transactions to track financial control risks and potential liabilities.
• Oversee the promotion of ethics and monitoring of improper conduct within the organization.

Desired Candidate Profile

• 6-8 Years of relevant experience of which 2-3 years are in a supervisory/managerial role handling internal audit.
• Experience in Gulf countries is a plus.
• Bachelor’s degree in business administration, Accounting, Finance, Law, or any related field; master’s degree is a plus.
• Accreditations or certifications in CPA, CIA, CFE, CMA, CISA or equivalent.