Job description

Job Purpose:

Planning, leading, and executing risk-based internal audit engagements, evaluating the effectiveness of internal control systems, governance, and risk management, and providing opinions and recommendations to management in order to enhance institutional compliance, improve operational efficiency, and safeguard resources and assets.

Roles & Responsibilities:

·Contributing to the preparation and development of the annual risk-based internal audit plan and prioritizing audit assignments in accordance with enterprise risks.

·Leading and executing assigned internal audit engagements according to the approved plan, and evaluating the effectiveness and efficiency of existing internal controls and procedures.

·Reviewing and evaluating the integrity of financial, administrative, and operational processes and procedures, and verifying compliance with approved policies, regulations, and legislation.

·Verifying the accuracy, integrity, reliability, and precision of transactions, data, records, and reports to support decision-making. 

·Reviewing previous audit findings and reports, and evaluating the extent to which observations and recommendations have been addressed.

·Reviewing compliance with relevant financial, tax, and legislative requirements, and providing necessary observations and recommendations regarding them.

·Coordinating with external regulatory authorities, following up on received observations, and working with concerned departments to prepare and implement necessary remediation plans.

·Evaluating the effectiveness of controls and procedures related to safeguarding assets, property, and resources, and ensuring their adequacy to mitigate risks.

·Reviewing and approving working papers and audit documentation, ensuring alignment with professional standards and approved policies and procedures.

·Following up on the implementation of recommendations and corrective actions, and reporting on the status of completion and residual risks.

·Preparing and submitting periodic reports regarding audit activities and results, including material observations, recommendations, and improvement opportunities.

·Assessing key enterprise risks and expressing opinions on the adequacy of controls and measures taken to address them and mitigate their impact.

·Contributing to the development of internal audit methodologies, manuals, and procedures, and enhancing the quality and efficiency of internal control activities in accordance with best professional practices.

·Performing any other tasks or responsibilities related to the nature of work as assigned by the direct supervisor.

Educational Qualification:

·Bachelor's degree in Accounting, Auditing, Finance, Business Administration, or any field related to the nature of work.

·Master's degree in Accounting, Auditing, Finance, Business Administration, or any field related to the nature of work. 

Years of Experience:

·Bachelor's Degree: 5 years or more of experience in the relevant field.

·Master's Degree: 3 years or more of experience in the relevant field.

Job Skills:

·Ability to communicate and coordinate effectively with various management levels and relevant stakeholders.

·Ability to analyze information and draft reports clearly and accurately. 

·Work organization, priority management skills, and adherence to professional confidentiality and work ethics.

Behavioral Competencies:

·Spreading positive energy

·Creativity and innovation

·Excellence in execution

·Effective communication

·Organizational understanding

Technical Competencies:

·Risk-based internal auditing

·Evaluation of internal controls and governance

·Enterprise risk assessment and management

·Drafting audit reports and recommendations

·Data analytics and digital auditing