Senior Internal Auditor

Job Description

Key Responsibilities:

1- Audit Planning:

• Develop risk-based audit plans that align with company’s objectives and regulatory requirements.
• Collaborate with the audit team and stakeholders to determine the scope and objectives of each audit.

2- Audit Execution:

• Conduct detailed audit fieldwork, including risk assessments, control testing, and substantive testing.
• Evaluate the effectiveness of internal controls and compliance with policies and procedures.

3- Documentation and Reporting:

• Prepare comprehensive audit workpapers, documenting audit procedures, findings, and recommendations.
• Generate clear and concise audit reports for management, highlighting areas of concern and proposing actionable solutions.
• Identify and assess financial, operational, and compliance risks.
• Stay informed about industry trends, emerging risks, and regulatory changes affecting the company.
• Work closely with other auditors and cross-functional teams.
• Share knowledge and expertise with junior audit team members.

4- Compliance Monitoring:

• Monitor and assess management’s processes for ensuring compliance with internal policies and external regulations.
• Keep abreast of changes in regulatory requirements and industry standards.

5- Training and Development:

• Provide guidance and mentorship to junior auditors, supporting their professional development.
• Conduct training sessions on audit methodologies and best practices.
• Provide recommendations for process improvements and efficiencies based on audit findings.
• Collaborate with management to implement corrective actions and monitor their effectiveness.

Authorities:

• Assist in determining scope, objectives and approach for each audit;
• Evaluate the adequacy and effectiveness of internal controls;
• Lead audit field work activities;
• Gather information and assess compliance with policies, procedures, and regulatory requirements;
• Assess risks within company and prioritize audit engagements;
• Recommend appropriate audit procedures to address emerging risk;
• Perform ad hoc reviews according to the defined objectives & scope;
• Assist in conducting investigations according to the defined objectives & scope;
• Address control deficiencies, process weaknesses and compliance issues;
• Support implementation of a quality assurance & improvement program;
• Participate in internal quality reviews, peer reviews and self-assessments;
• Interact with process owners, business unit leaders and external auditors;
• Establish open lines of communication;
• Follow up with Management and report on the progress of action plans implementation.

Qualifications

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field;

Relevant professional certification (e.g., Certified Internal Auditor – CIA, Certified Public Accountant – CPA, etc.) is preferred.

Employment Type: Full Time

Company Industry:

• Construction
• Civil Engineering

Department / Functional Area:

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords:

• Internal Audit