Audit Manager

Recruiter
Almajdouie Holding
Location
Eastern Province, Saudi Arabia
Salary
Competitive salary
Posted
08 Oct 2019
Closes
06 Nov 2019
Ref
4086704
Job role
Audit
Experience level
Manager
The Job Holder is responsible for planning and executing audit plans, reviews, work programs, preparing reports and supporting a sustainable internal audit and compliance methodology for multiple locations under the direction of Corporate Internal Audit General Manager.

KEY ACCOUNTABILITIES:

v Audit Plans & Strategy

­ Participates in the formulation and implementation of the internal audit department plans to ensure the alignment with Al Majdouie’s overall objectives and business plans.

­ Develop and propose audit plans, techniques to address with current business needs.

v Policies & Procedures

­ Participates in the development of internal audit department policies, and procedures and ensures implementation of all relevant procedural / legislative requirements.

­ Comply with the IIA Standards and Guidelines for the Professional Practice of Internal Auditing

­ Assist design internal audit procedures and work programs relevant to risk and test objectives.

v Auditing

­ Responsible in executing the organization annual audit plan effectively as the schedule.

­ Conduct various types of internal audits (financial, operational and compliance audits.) as prescribed in audit plan, to assess the adequacy effectiveness and efficiency of the established internal controls and procedures.

­ Manages the day-to-day operations internal audit by facilitating related professional work processes in order to achieve high performance standards

­ Assure the audit program steps cover the objectives, address major risks.

­ Plan and supervise follow up reviews for audit observations.

­ Perform special assignments, investigations when given by management.

­ Undertake such other duties as may be assigned by manager from time to time.

­ Contribute to fulfilment of annual KPI’s for the Department.

­ Discuss audit findings and recommendations with line managers and report significant issues as per reporting guidelines.

­ Monitor the timely implementation of the management actions recommended in the audit reports.

v Risk Assessment

­ Identify key areas of risk within the organization and propose appropriate controls to mitigate the risks.

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v Budgeting

­ Prepares the audit unit budget and ensures that the activities within this unit is implemented processed as per the assigned budget.

v Team Management

­ Discuss, direct and supervise the audit team during the course of assignment.

­ Ensure the audit team is well equipped, trained and updated with the industry audit standards & practice.

­ Maintain and actively seek to enhance personal experience against agreed and measured KPI’s.

v Management Reporting

­ Prepare quarterly internal audit reports to management

­ Review audit files and draft audit reports and findings.

­ Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.

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