Internal Audit Manager

• Provide independent internal oversight and evaluate and improve the effectiveness of the Company’s internal controls and compliance with all internal and external requirements, including the Central Bank’s guidelines and the Anti-Money Laundering and Anti-Terrorism Financing Act (AMLATFA) and its subsidiary legislation.
• Perform the full audit cycle including risk management and control management over financial reliability and compliance with applicable directives and regulations for HQ and branches.
• Conduct all audit exercises as incorporated in the Audit Plan approved by the Audit Committee.
• Prepare an audit report upon completion of each audit exercise, including audit findings, risks, recommendations for rectification, and responses from the relevant auditee.
• Share with Management, on a periodic basis, common findings and irregularities detected from audits to enable effective corrective action.
• Investigate occurrences of fraud, embezzlement, theft, and waste, and recommend controls to prevent or detect such occurrences.
• Conduct reviews of new procedural manuals and SOPs prior to submission for approval, providing comments to ensure appropriateness and adequacy of internal controls.
• Establish a quality control program over Internal Audit activities ensuring departmental processes, methodology, and workflow are effective.
• Embed minimum acceptable standards and control frameworks to meet Internal Audit objectives.
• Obtain, analyze, and evaluate accounting documentation, reports, and data to ensure compliance with standards and regulations.
• Identify loopholes and recommend risk aversion measures and cost savings. Assist Internal Audit staff in developing skills relevant for career advancement.
• Conduct ad-hoc special projects, reviews, and investigations as requested by the Board of Directors and/or Audit Committee.
• Maintain the independence and objectivity required by Internal Audit functions at all times.
• Prepare an Audit Plan detailing the scope and objectives of audits, setting priorities, and determining necessary resources. This plan should be approved by the Audit Committee and reviewed regularly.
• Provide consultative support to branches and departments regarding the adequate design and execution of risk management processes in financial operations.
• Prepare an annual report for the Audit Committee detailing the status of the Audit Plan and evaluating overall internal controls and compliance in the company.

Company Information

Registration No. 541728-H