Senior Internal Auditor
Barakat Group
Total years of experience :7 years, 5 Months
Assist in development and updating of Internal Audit charter, standards, policies, procedures and manuals. Assist in development of Internal Audit Departments objectives, strategies, work plan and key performance indicators for the coming and subsequent years in line with Barakats strategic objectives and business plan. Prepare reports and executive summaries covering key risks, areas of concerns and internal audit activities and submit to the Head of Internal Audit for review. Perform execution of the internal audit work plan and supervise the work of sub-ordinates. Prepare, supervise and update audit planning documents such as audit scope, process understanding, audit program etc. Determine the auditing procedures to be utilized, including the use of Data Analytics using Advanced Excel, Fraud Investigation techniques like Benford's Law, Relative Size Factor Theory, Trend Analysis, or other techniques. Identify high risk processes and key control points of the system/processes to be reviewed. Prepare and review the Audit programs to ensure adequate and comprehensive coverage of the audit objectives. Evaluate the adequacy and effectiveness of controls, risk management and governance processes. Prepare and review working papers, which record and summarize data on the assigned audit areas and the results of the audit examination. Directs, counsels and trains assigned staff and reviews their work as to adequacy of scope and accuracy. Ensure that approved audit objectives have been met, adequate coverage has been obtained to support the conclusion and recommendations, and that the work has been followed in accordance with professional audit standards. Discuss and seek agreement from the Auditee on the observations and recommendations. Develop, review and update the audit report and recommendations contained therein. Recommend improvements in management controls designed to mitigate business risks, and contribute to growth and improve profitability.