Job description

• Develop the Internal Audit Office's strategic plan and ensure alignment with the organization's strategic objectives.
• Develop and implement the Internal Audit Office's operational and annual audit plans.
• Lead the annual enterprise-wide risk assessment and evaluate the effectiveness of internal controls over strategic, financial, and operational risks.
• Define the scope of internal audit engagements and establish the annual audit plan.
• Ensure compliance with governance principles, internal control requirements, and applicable policies and regulations.
• Oversee all internal audit activities, including operational, financial, compliance, information technology (IT), governance, and administrative investigation audits, in accordance with professional standards.
• Monitor the complete internal audit cycle, including risk management and the evaluation of internal control effectiveness.
• Review and evaluate the adequacy and effectiveness of policies, procedures, and internal systems, and recommend improvements to enhance organizational performance.
• Assess governance practices, financial and administrative controls, and evaluate the efficiency, effectiveness, and compliance of organizational processes.
• Conduct periodic operational audits to improve the efficiency and effectiveness of organizational units and business processes.
• Identify areas requiring audit review, recommend corrective actions and operational improvements, and submit recommendations to the Director.
• Oversee the preparation of audit programs and working papers, review and approve audit reports, and ensure findings are supported by sufficient and appropriate audit evidence.
• Prepare and submit periodic audit reports to the Director on audit results, institutional risks, the effectiveness of internal controls, and the implementation status of audit recommendations.
• Monitor the implementation of recommendations and corrective actions resulting from internal and external audit engagements and report on progress.
• Provide advisory services to senior management and organizational units on governance, risk management, internal controls, and process improvement while maintaining the independence and objectivity of the internal audit function.
• Lead initiatives to strengthen the organization's governance framework and promote a culture of compliance, accountability, and risk management.
• Develop and update internal audit policies, procedures, manuals, and methodologies in line with applicable legislation, professional standards, and best practices.
• Implement and maintain the Internal Audit Quality Assurance and Improvement Program (QAIP) and promote continuous improvement.
• Oversee the management and retention of audit files and records, ensuring confidentiality and proper safeguarding of audit documentation.
• Coordinate with external oversight and regulatory authorities, review their reports, oversee the preparation of management responses and corrective action plans, and represent the organization in relevant meetings and committees.
• Oversee the preparation of risk analyses, operational trend assessments, and internal control reports to support informed decision-making.
• Lead and develop the Internal Audit Office team by allocating responsibilities, managing performance, identifying training needs, and promoting adherence to professional ethics and auditing standards.
• Promote the use of modern technologies and data analytics to improve the quality and effectiveness of internal audit activities.
• Safeguard the independence and objectivity of the internal audit function and report any issues that may compromise its independence to the Director.
• Prepare and manage the Internal Audit Office budget to ensure the efficient utilization of resources.
• Perform any other duties and responsibilities within the scope of the Internal Audit Office as assigned by the Director.

Educational Qualifications:

• Doctorate or Master's degree in Business Administration, Finance, Accounting, or an equivalent related field.
• Alternatively, a Bachelor's degree in Business Administration, Finance, Accounting, or an equivalent related field.
• Professional certifications in auditing, such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent, are preferred.

Professional Experience:

• Bachelor's degree: Minimum of 10 years of relevant professional experience.
• Master's degree: Minimum of 5 years of relevant professional experience.
• Doctorate: Minimum of 3 years of relevant professional experience.