Operational Audit Unit Head (CIA Certified)

Job Purpose:
The objective of the Operational Audit Unit Head’s job is to effectively lead operational audit activities that aim at minimizing risks, improving the performance of Rawabi Holding’s business processes and systems, and ensuring compliance with established internal procedures and policies as well as regulations and laws

Responsibilities:
- Executes a comprehensive risk-based operational audit task, with a goal of both maximizing company performance and control, while minimizing risk
- Ensures that departments, functions and businesses are operating consistently with various laws, as well as the company’s policies and procedures
- Evaluates the operational policies and procedures across the Group in terms of risk to the organization and establishes controls to mitigate loss
- Assesses and reports compliance with operational regulations and controls by executing operational audits
- Monitors and controls the smooth conduct of the operational audits and ensures they are conducted rigorously and with minimal disruptions to day-to-day operations
- Reports accurately all operational audit findings to ensure that adequate documentation exists to support the completed audit and conclusions
- Prepares formal written reports, expressing opinion on the adequacy and effectiveness of the system and the efficiency with which activity carried out and submits the draft to Internal Audit Manager for review and final approval of Internal Audit Director
- Follows up on audit findings to ensure that auditee management has taken corrective action(s)
- Appraises the adequacy of the corrective actions taken by auditee to improve deficient condition
- Responsible for any other task assigned by the Internal Audit Manager in purview of operational audit function
- Advises management and staff on various business policies and procedures
- Stays up-to-date with changes in best practices
- Tracks KPIs for Operational Audit and recommends plans and initiatives for improvement
- Leads, directs, evaluates and develops the Operational Audit team to ensure that objectives are reached
- Is responsible for the development, performance appraisal and succession planning of all direct and indirect reports
- Identify possible successor for self. Oversee and implements his development program(s) that support Internal Audit department objectives and foster a highly effective management and leadership structure.
- Performs miscellaneous job-related duties as assigned by the Internal Audit Manager