Senior Internal Auditor; Operations

Job Purpose

To carry out comprehensive audit and evaluation of management controls (over financial activities or administrative and operational activities as assigned to you) in order to ensure that internal control system for integrity and reliability of financial processes are implemented and working efficiently and effectively, to ensure smooth and timely progress of audit programs according to annual audit plans, and in accordance with corporate strategies, objectives, procedures, policies, and directives.

To perform and follow up all financial audits as agreed with the Department Manager and to prepare final audit reports, audit findings and recommendations for corrective action plans.

• Perform quarterly and annual risk assessment exercise conducted by Audit & Assurance Division for the assigned organisational units.
• Develop annual Risk-based Internal Audit Plan based on the results of risk assessment exercise.
• Identify and discuss the objectives and approach of proposed audit effort with the Department Manager.
• Participate in the planning of assigned audit reviews’ approach and scope, prepare audit program.
• Identify risks, mitigating controls and prepare the audit testing program for the scope areas agreed for the audit reviews.
• Assist in planning and carries out comprehensive audit programs for reviewing and evaluating management controls over financial, procedures, policies and activities in various areas, divisions and departments as per approved audit plan and communicate it to subordinates.
• Review completeness, appropriateness and effectiveness of internal controls, processes, procedures and policies in place, audit findings and make recommendations.
• Conduct preliminary review of audit assignments to help establish scope and develop audit plans (including those of testing).
• Assist Department Manager in developing and carrying out audit assignments.

• Execute the approved annual audit plan and ensure that all audited areas are subject to adequate evaluation of internal controls.
• Identify areas that may require additional audit coverage to ensure that systems, procedures and internal controls are effectively adhered.
• Collect and analyze all necessary evidence to assess any potential procedural risks.
• Prepare or update the Risks Assessment Process and prepare the Risk Register of auditable entities.
• Evaluate adequacy and effectiveness of the process controls based on business knowledge and experience and modify the scope of audit review as required with approval of the Department Manager.
• Determine auditing procedures to be applied, including use of IT Audit techniques, sampling methods, etc.
• Analyze and review financial and related operational systems, policies and procedures, and provide value-added recommendations to improve and enhance controls.
• Obtain and review audit evidence to reach an informed, objective conclusion on the adequacy and effectiveness of internal control system over the activities or scope being reviewed.
• Prepare and record working papers related to the audit tests performed, which evidence and support the observations, results and conclusion, documented within the Audit Management System (AMS).
• Supervise and support audit activities carried out by auditors to ensure smooth and timely progress of audit programs; monitor and follow up assignments and ensure tasks are completed according to the annual audit plan; prioritize tasks to ensure high quality and prompt work.
• Follow up on work carried out by auditors to ensure adequacy, thoroughness and completeness; review weekly progress of all audit programs performed by audit staff; prepare and update the weekly audit staff work schedules for the Department Manager.

• Bachelor Degree in Commerce/Accounting.

• 8 years of professional experience in auditing, preferably in oil and gas industry or international audit firms.
• Hands on experience in working with an audit management system.
• Experience working in an environment with ERP system, preferably SAP.
• Strong verbal and written communication skills in English; knowledge of Arabic is an advantage.
• In-depth knowledge of IFRS, budgeting and management accounting principles.
• Excellent report writing skills with the ability to clearly write complex issues.
• Excellent knowledge of Microsoft Office, especially Word, Excel and PowerPoint.
• Ability to work independently and as part of a team.
• Critical thinking and analysis skills.
• Thorough understanding of internal audit, corporate governance and risk management.