Group Deputy Chief Internal Auditor
Obeikan Investment Group
مجموع سنوات الخبرة :22 years, 10 أشهر
Responsibilities:
Plan, organize and carry out the internal audit functions including the preparation of annual audit objectives, KPIs and risk based audit plans which fulfils the responsibility of the department, scheduling and assigning work and estimating resources needed.
Work with management to ensure a system is in place which ensures that all major risks of the group companies are identified and analyzed, on annual basis.
Conduct high level reviews or tasks requested by Audit Committee, Chairman and Chief Executive Officer as especial assignments, which is part of advisory and consultancy services.
Provide recommendations on the systems and procedures being reviewed, report on the findings and recommendations and monitor management's responses and implementation.
Review and report on the accuracy, timeliness and relevance of the financial and other information that is provided to Top Management.
Provide both Top Management and the Audit Committee with an opinion on the internal controls system throughout the group companies.
Proactively assist management in the assessment, evaluation, development and documentation of policies and procedures, internal control systems, risk assessment/management mechanism and corporate governance processes.
Assist in the investigation of significant fraudulent activities in the organization and promptly inform management and audit committee of the results.
Coordinate with the external auditors and other regulatory parties on common areas of concern.
Preparing presentations and update reports to Audit Committee and Top Management on regular basis.
Responsibilities:
Plan and execute approved audit work schedules and provide adequate and close supervision to audit staffs.
Review, revise (whenever necessary) and approve engagement audit procedures and thoroughly review audit working papers to ensure that:
o Engagement audit objectives are adequately achieved
o Audit procedures are properly and completely performed
o Documentation and information obtained and reviewed adequately support the final engagement audit report.
Discuss audit findings to the client, obtain management responses and corrective actions and issue final audit engagement report to management as well as senior management and audit committee.
Conducting investigations over fraudulent activities.
Help in developing and maintaining risk universe in the organization as a base for risk based audit approach.
Responsibilities:
Established internal Audit Department with designing related audit charter, audit procedures manual and job descriptions.
Planning, executing and completing audit fieldwork according to approved plans and schedules.
Recommending internal control improvements that may include operational enhancements or efficiencies, and the preparation of audit reports as well as documenting controls.
Review audit report to ensure that audit observations include sufficient, reliable, relevant and useful information and that the audit recommendations properly and adequately addressed identified risks as well as the cause of the reported exceptions/deviations.
Provide an adequate and timely follow up activities to monitor and ensure management prompt and proper implementation of the audit recommendations and agreed corrective actions.
Responsibilities:
Assist the Internal Audit General Manager in the preparation of annual audit plan.
As part of the audit planning process, leads the internal audit team of around 40 auditors in understanding the process being audited, carry out risk analysis, assessment and evaluation and actively participates in the preparation of the audit programs.
Review work of the senior internal auditors/ internal auditors/ assistant internal auditors, provide them guidance during the assignment and monitor their performance.
Review the draft audit reports including the weaknesses noted in the systems of internal controls, non-compliance with procedures/instructions and recommendations for improvements.
Discusses draft audit reports with concerned managers and obtains management comments and action plans for reported points.
Carries out special assignments/investigations as instructed by Internal Audit General Manager.
Assist in the review of the policies and procedures of the company for clearance before being raised for Board approval.
Responsibilities:
Carry out risk analysis and prepare audit program.
Perform tests in the audit program and prepare working papers evidencing work done.
Review work of the internal auditors and provide them guidance during the assignment.
Assist in the review of the policies and procedures of the company.
Prepare audit reports including the weaknesses noted in the systems of internal controls, non-compliance with procedures/instructions and recommendations for improvements.
Discuss audit issues with concerned managers and obtains management comments for reported points.
Carry out special assignments/investigations as instructed by the Supervisor Internal Audit or Internal Audit Manager.
Responsibilities:
Conduct preliminary study of client’s operation including all relevant business plans, processes, identify key responsibilities, policies, procedures/guidelines and practices to grasp full understanding of the operations.
Assist in planning; designing and developing the operation process flow and engagement work program to ensure the audit scope and coverage are fully covered.
Assist Team Leader in ensuring audit working file and permanent files are properly indexed, contains all relevant documents to ensure issues/observations highlighted are supported adequately with evidences and easily cross-referenced.
Propose value added recommendations for each audit issue identified during audit engagements to improve business operations.
Assist Audit Manager/ Team Leader in documenting audit report, Findings, recommendations. Preparation of reports to the management of operations and submit together with complete Audit Working Files to Audit Manager/Team Leader for checking, editing, and examining to ensure the reports are reliable, accurate and professionally written.
Conduct follow-up and verification of agreed action plans and audit recommendations. To review adequacy and effectiveness of control measures put in place by management.
Responsibilities:
Help in preparing monthly financial statements and management reports.
Preparing journal entries, customer confirmations and all transactions related to AR.