Senior Auditor

Job Description

Senior Auditor

Job Objective

Conduct various assignments, execute complex audit procedures and assist in the preparation and presentation of reports to the Section and Department Heads to ensure compliance with the established internal control procedures of Supreme Audit Institution (SAI).

Key Responsibilities/Duties

• Strategy and Planning
• Implementation of Sector related policies, procedures, processes and controls to ensure consistency in application across SAI and all relevant procedural/legislative requirements are fulfilled while delivering quality and cost-effective service.
• Gather and update Subject Entity data required as input for Understanding the Entity's Business.
• Complete specific tasks and procedures in respect of engagement planning e.g. testing controls, walk through system processes to confirm engagement team understanding, perform data analysis and provide input to the engagement planning analytical review procedures.
• Ensure to meet Key Performance Indicators (KPI's) in order to improve efficiency and effectiveness.
• Prepare audit work reports and documentation for review and approval by the project manager.
• Review audit documentation prepared by audit team members to ensure accuracy and validity of information.
• Supervise medium and low risk assignments and ensure adherence to established policies and procedures in order to meet SAI's business requirements.
• Audit, examine verify and reconcile subject entity financial statements to ensure accuracy and authenticity of information.
• Perform and complete relevant data analytical procedures as required by the audit program and requested by senior team member to identify major variances.
• Perform examination procedures to verify work of the subject entity's internal and external auditor in accordance with SAI regulations.
• Document audit and financial information for easy accessibility of information.
• Prepare and study background contextual documentation and notes prior to conducting audits of defined operational areas to achieve an in-depth understanding of work processes.
• Work with the audit team in executing the audit test designed and support engagement managers in the execution, identify process gaps and provide recommendations to resolve the issues.
• Prepare first draft of audit report and provide commentaries and financial statements and ensure all information are captured prior to submission.
• Discuss audit findings with engagement manager in order to understand the possible process implications to ensure findings are in sync with SAI requirements.
• Address engagement manager coaching comments in order to have maximum adherence to the audit recommendations to reduce operation risk exposure.
• Contribute in the implementation of new control systems that optimize operations or utilize new technologies, interpret data and suggest the effectiveness of operations.
• Support project manager in preparing engagement planning steps as per SAI audit requirements.
• Complete and update Entity business understanding form with a view of providing input to audit sector annual plan.
• Review and summarise client policies, procedures data and minutes of meeting and prepare engagement audit strategy memorandum and audit programs.
• Provide first level support to other team members during any audit engagement to ensure on time and quality execution of the assigned audit engagement.
• Identify deficiencies in the processes and control activities under review and provide recommendation to resolve the issues.
• Assist in executing the audit test designed and support project managers in the execution, identify where processes gaps.
• Assist in the preparation of audit work papers and documentation for checking and approval by the project engagement manager executive.
• Assist in the preparation of the audit, professional, technical reports under supervision and ensure completeness and accuracy of information.
• Participate in the discussion of audit findings with engagement executive in order to understand the possible process implications to ensure findings are in sync with SAI requirements.
• Follow up with the project manager engagement executive in order to have maximum adherence to the audit recommendations to reduce operation risk exposure.
• Develop and analyze financial data ensuring its integrity stands up to scrutiny.
• Ensure completion of required trainings and certification programs in order to keep current with job requirements and ensure continuous performance improvements.
• Obtain timely performance review assessments from primary function manager on assignments after its completion which will serve as an input to his midyear and annual performance review.
• Adhere to job training and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in an efficient manner which is consistent with operating procedures and policy.
• Elevate the organization's values and ethics in all activities within the team to support the establishment of a value-driven culture within the organization.
• Keep current with updated information relevant to the role to ensure standard performance level is achieved.
• Maintain regular contacts with the relevant staff from other departments of SAI to ensure consistency and coordination.
• Contribute to knowledge dissemination/sharing in a way that assists with building internal capabilities of employees where applicable and maximize their effective performance.
• Contribute to the development of UAE National employees in a manner which supports the objectives of the organization and its Emiratization strategy.
• Ensure adherence and compliance with all SAI Corporate Policies, Procedures and Guidelines (HR, IT, Procurement, Finance, Health and Safety etc.), and applicable job-related guidance such as Methodologies and Procedures.
• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organization's values and ethics at all times to support the establishment of a value-driven culture within the organization.
• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
• Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies, and quality standards.
• Maintain, at all times, the confidentiality of any information obtained in the discharge of the duties of the post.
• Understand and strictly adhere to all the clauses of SAI's Code of Business Conduct.
• Co-operate in the implementation of the relevant health and safety legislation, policies and procedures, in the performance of the duties.
• The level of performance should reflect the academic qualification, type of courses in the field of specialization, employee job level, and the level of productivity.
• The academic and professional certificates required and approved by SAI should be acquired within the period specified and based on the employee's Individual Development Plan.
• Perform the task and responsibilities independently unless an approval or directive was obtained to delegate the task to other employees in case of incapability to perform the tasks and responsibilities.
• Ensure teamwork, collaboration, and dedication in performing duties.

Requirements

Academic Qualifications:

Bachelor's Degree in Accounting, Business Administration, Economics, Finance

Professional Certifications:

CPA, CIA, ACCA

Professional Experience:

• 6-10 years of relevant experience either in or a combination of corporate businesses and top professional firms or similar government regulatory body.
• Exposure to Management systems, processes and controls.

Language Proficiency: in Arabic and English.