Assistant Manager Internal Audit & Compliance
Al-Ghanim Industries
Total years of experience :10 years, 5 Months
- Delivery of assigned audits in accordance with departmental procedures. Specifically; notifying customers of intended start dates and high level scope, defining the programme of audit testing, implementing, and summarizing findings for manager review.
- The preparation of working papers in accordance with departmental procedures and best practice.
- Liaison with Audit Managers/Senior Audit Manager and customers on a daily basis, keeping them abreast of audit progress
- Managing auditors or secondees effectively and efficiently and ensuring that they feel well supported throughout the process.
- Preparing the draft Audit Report for Audit Managers/Senior Manager review prior to closing meetings.
- Participating in the regular company wide assessment process from which the annual plan is derived.
- Delivery of investigation assignments in accordance with departmental procedures. Specifically, defining the work plan, summarizing the findings, interviewing suspects to determine duplicity, and recommending appropriate management actions to be taken.
- Liaison with line management, HR, legal counsel, and authorities on a regular or need to do basis, keeping them abreast of progress for cases under investigation.
- Reviewing and or preparing the draft Investigation Reports for the Senior Manager’s / Director’s review and finalization.
- Ensuring all findings reflect factual content, context and agreed actions to be taken with relevant BU management.
- Participating in the regular company-wide fraud risk awareness and assessment activities.
- Influencing the strengthening of the internal control environment through the sharing of best practices in recommendations.
- Assisting in the detection and prevention of fraud, sharing avoidance strategies and helping to create a centre of fraud prevention excellence.
- Raising fraud awareness and encouraging others to report incidents of fraud or concerns in accordance with the Group’s Policy for the Prevention, Recording and Reporting of Fraud.
- Maintaining the highest standards of confidentiality.
Accountable for:
- Undertake risk analysis, identifies risk areas and assist in preparing the annual Audit Plan.
- Perform tests in the Audit Plan and prepares work papers to report on work undertaken.
- Prepare audit reports highlighting weaknesses identified in the system of internal controls, non-compliance with procedures/control systems and instructions, and making recommendations for improvement in response to audit findings.
- Follow the audit procedures to identify and define issues, develop audit criteria, review and analyse evidence, and document processes and procedures.
- Conduct interviews, review documents, develop and administer surveys, compose summary memos, and prepare working papers as part of the internal audit.
- Identify, develop, and document any issues identified in an audit and make recommendations using independent judgment.
- Discuss audit issues with the appropriate managers and obtains their feedback on points reported in the audit.
- Communicate or assist in communicating the results of an audit and ad hoc consulting projects via written reports and oral presentations to management and the Board of Directors.
- Make recommendations on ways to improve the audit work processes.
- Maintain all organisational and professional ethical standards and ensures all internal audit activities carried out or supervised are in compliance with the IIA’s International Standards for the Professional Practice of Internal Auditing (Standards).
- Conduct consulting engagements pertaining the review of policies and procedures of the different business departments if asked to do so by superiors.
- Undertake ad hoc or special audit assignments and investigations as instructed by the Supervisor, Internal Audit or the Manager, Internal Audit.
- Assist in executing special purpose projects and processes
Branches Audit