Job Purpose:
The Internal Audit Manager is responsible for executing along with contributing the annual audit plan for the Group Companies. He/she ensures that management, administrative, financial and operational risk controls are in place to facilitate compliance with established company policies, and safeguard the organization’s assets.
The Manager-Internal Audit is responsible of the organization's internal controls and compliance with regulations.
Duties & Responsibilities:
• Manage the formulation and development of risk based strategic and annual audit plans aligned with company’s strategy and objectives.
• Lead the execution of internal audits in accordance with the approved audit plan.
• Manage internal audit activities and ensure compliance with established policies and procedures.
• Conduct risk assessments to identify areas of potential risk and evaluate the effectiveness of internal controls.
• Design and execute audit procedures, analyze financial and operational data, and prepare detailed audit reports.
• Assess compliance with regulatory requirements and industry standards.
• Recommend process improvements and provide actionable insights to enhance operational efficiency and financial integrity.
• Evaluate the adequacy of internal control systems and assess their effectiveness in mitigating risks.
• Monitor and report on the implementation of audit recommendations and track their impact over time.
• Stay current with industry trends, regulations, and best practices to enhance audit methodologies.
• Foster a culture of accountability, integrity, and continuous improvement within the organization.
• Communicate audit findings and recommendations clearly and effectively to senior management and relevant stakeholders.
• Provide support in special projects and investigations, ensuring thorough and accurate analysis of financial and operational data.
• Lead the development and implementation of internal audit policies, procedures, and standards.
- Develop and implement quality assurance and improvement program for the internal audit function.
Skills
Requirements:
• Bachelor’s degree in finance, accounting, business administration, or a related field.
• Master’s Degree or MBA is a plus.
• 10-15 years’ experience in internal auditing, 4-6 years in a senior level.
• Fluent in English and Arabic.