Senior Internal Auditor

1. Leadership and Management

• Team Leadership: Proven experience in leading and managing a team of auditors, including providing direction, coaching, and motivation to ensure high performance and productivity.
• Strategic Planning: Ability to develop and implement the internal audit strategy aligned with organizational objectives, ensuring the team’s work adds value to the company.
• Resource Management: Efficiently managing team resources, including budgeting for internal audit activities, ensuring that adequate staffing, tools, and technologies are available.

2. Risk Management Expertise

• Risk Assessment: Strong ability to conduct risk assessments, identifying key risks and assessing their impact on the organization, and creating strategies to mitigate those risks.
• Internal Controls: Expertise in evaluating internal controls across different departments and functions to ensure they are effective in managing risks and achieving organizational goals.
• Enterprise Risk Management (ERM): Familiarity with ERM frameworks to align the audit function with the organization's overall risk management approach.

3. Auditing Skills and Techniques

• Audit Methodology: Deep understanding of audit methodologies, including risk-based auditing, control testing, and compliance auditing.
• Financial Audits: Proficient in conducting financial audits, assessing financial statements, transaction records, and accounting practices for accuracy, completeness, and compliance.
• Operational Audits: Evaluating the efficiency and effectiveness of operational processes to identify opportunities for cost savings, process improvements, and operational risks.
• Compliance Audits: Ensuring that the organization complies with laws, regulations, industry standards, and internal policies and procedures.
• IT Auditing: Knowledge of IT auditing practices, including assessing cybersecurity risks, data integrity, and controls over financial reporting systems.

4. Regulatory Knowledge and Compliance

• Legal and Regulatory Frameworks: Strong understanding of financial regulations (e.g., SOX, GDPR, and industry-specific regulations) and ability to ensure compliance with applicable laws.
• Governance: Familiarity with corporate governance principles, ensuring that internal audit activities support organizational governance frameworks.
• External Audits: Managing relationships with external auditors, providing necessary documentation, and coordinating audits as required by regulatory authorities or stakeholders.

5. Communication and Stakeholder Management

• Reporting: Exceptional ability to present audit findings and recommendations to senior management and the board, ensuring that the reports are clear, concise, and actionable.
• Stakeholder Engagement: Building strong relationships with senior leadership, department heads, and other stakeholders to understand business risks and audit priorities.
• Influencing and Advising: Acting as a trusted advisor to management on risk, control, and governance issues, influencing decision-making and promoting sound internal controls.
• Executive Presentations: Proficient in delivering presentations to executive leadership, audit committees, and the board, providing insights into risk management, audit findings, and mitigation strategies.

Experience: 12-15 years of experience in Audit with minimum 6 years in the Middle East region and 8 years in senior roles ideally within Financial Services.
Industry: Financial Institution, international organization, or established governmental authority, whether local or federal.
Education: Master/Bachelor’s Degree in a relevant field such as Accounting, Business Administration. Professional certifications and memberships related to Internal Audit.
Languages: Arabic and English.
Job Purpose: The role holder is responsible for leading the company's Internal Audit Department and overseeing the development and execution of the risk-based plan and strategy.
Core Responsibilities:
Lead and direct the effective and efficient management of the Internal Audit function to ensure Company is compliant with regulatory requirements.
Develop and deploy an agile and flexible internal audit risk-based plan, which can quickly re-orient to provide ongoing assurance to company's risk-critical areas.
Develop an annual audit plan to deliver to the function’s mandates.