Internal Audit Manager
DADA Group
مجموع سنوات الخبرة :17 years, 1 أشهر
• Plays a crucial role in evaluating and improving the effectiveness of internal controls, risk management, and governance processes.
• Leads a team of auditors and collaborate with various departments to identify areas of risk and develop strategies to mitigate them.
• Contributes to enhancing operational efficiency, regulatory compliance, and financial integrity.
• Planning and executing internal audit activities by developing an annual risk-based audit plan, identifying key areas to be audited, and determining the scope and objectives of each audit.
• Conducting internal audits by performing detailed reviews and assessments of the company’s financial, operational, and compliance processes.
• Assess the adequacy and effectiveness of the company’s policies, procedures, and internal controls. Recommending improvements, and ensuring compliance with relevant laws, regulations, and industry standards.
• Continuous improvement by actively seeking opportunities to enhance internal audit processes and methodologies.
• Reporting and communication.
• Team management and leadership.
• To effectively manage and oversee planning, execution and continuous improvement of the organization’s process in order to add value and support the development of strong corporate governance and assurance to the company through the compliance with internal and external rules and regulations in the company.
• Prepare an Annual Internal Audit Plan based on risk assessment including tasks, assignments and timelines for completion for each task and main activity.
• Identify, allocate and perform tasks, monitor work, control audit/assignment resources, consolidate results.
• Prepare risk-based audits / reviews.
• Develop and discuss findings, recommendations and time lines for corrective actions.
• Monitor the status of audit recommendations and appraise the adequacy of follow-up actions taken on audit findings and recommendations.
• Scrutinize the internal and external risks on company operations and make recommendation to minimize the risks on company assets.
• Maintain and update audit programs.
• Maintain and update audit tools and techniques.
• Review the established systems to ensure compliance with Group policies, plans, procedures, and laws.
• Control the reliability of the reports and documents submitted by various departments.
• Lead audit engagements and ensure the proper coverage and application of auditing principles and practices within agreed timeframe.
• Manage and oversee the implementation of crucial or ad-hoc audits whenever necessary.
• Develop direct report through setting individual objectives, reviewing performance and providing ongoing formal and informal feedback and appraisal in order to maximize subordinate and departmental approval.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
• Reviews accounts receivable, accounts payable and approve bank payments.
• Coordinate monthly closing process and reconciliation of general ledger accounts.
• Prepares financial statements and other reports to summarize and interpret current and projected company financial position.
• Develop and implement various accounting procedures.
• Evaluate the financial controls and applied processes of different cycles/modules to improve business performance, and benchmark with best practices.
• Support management through risk identification, control testing and process improvement procedures.
• Supervise and perform month's end accounting activities related to Accounts Receivable and Credit Control cycles.
• Manage the Accounts Receivable & Credit Control finance team to complete assigned accounting tasks within deadlines.
• Calculate and provide the needed financial provisions such as provisions for doubtful accounts, marketing expenses, rebates and discounts.
• Determine the company's total credit exposure, and monitor the proper implementation of its credit policy.
• Manage all customers' accounts in GCC including Kuwait, Oman, Qatar, Bahrain in addition to Africa and India.
• Prepare, analyze and report the financial data to management as needed.
• Liaise with external and government auditors during audit, and prepare ad hoc reports when required.
A special assignment requested by management to ensure that operation's processes are governed by an effective and solid controls and procedures by:
• Evaluate the adequacy of controls applied for each single module and process at the company.
• Ensure that existing procedures are fully documented and updated.
• Identify outdated procedures and replace it with new or complimentary system controls.
• Perform a comprehensive testing to validate the effectiveness of these controls.
• Report internal control issues to management and supply comprehensive recommendations to mitigate the associated risks.
• Evaluate the adequacy, efficiency and effectiveness of systems, procedures, and controls applied in the group's business units at both local and abroad levels (Jordan, KSA, UAE, Egypt, Morocco, Sudan ...etc.).
• Benchmark to best practices and recommend improvements in order to safeguard the group companies' assets and interests.
• Ensure compliance with policies, procedures, and adherence to statutory and regulatory obligations.
• Perform special assignments and investigations as required by management including those related to theft or suspected fraud.
• Influence the strengthening of business processes and controls through the sharing of best practices.
• Document the internal audit process and special investigations in consistent with professional standards.
• Articulate audit findings to upper management through written reports and oral presentations, and provide comprehensive recommendations to mitigate the associated risks.
• Follow up and oversee the follow up of outstanding audit issues, ensuring they are being addressed as and when agreed.
• Assist in the development of the annual internal audit plan, including determination of proposed audits, scope, and budgeted hours.
• Maintain respectful and effective communications and relationships with management and staff of the group's companies.
• Maintaining customers' accounts.
• Online customers' support and financial consult.
• Perform daily desk operations and monitoring customers' accounts.