Key Accountabilities
Internal Audit Planning and Preparation
- Participate in developing and implementing the internal audit plan in line with the companys strategy and objectives.
- Assist in preparing the annual internal audit business plan and ensure alignment with strategic goals and KPIs.
- Support in prioritizing audit areas based on risk assessment results and determine required resources and timelines.
Internal Audit Execution and Reporting
- Conduct audit assignments in accordance with the approved audit plan and professional standards.
- Follow established audit methodologies, checklists, and tools to ensure consistent execution.
- Participate in audit kick-off meetings to understand scope, objectives, and documentation requirements.
- Perform detailed reviews of systems, processes, and transactions to identify control weaknesses or irregularities.
- Prepare comprehensive audit working papers and evidence documentation.
- Develop and discuss preliminary audit findings with relevant departments to finalize corrective actions.
- Monitor implementation of corrective measures and follow up on unresolved issues.
- Review and coordinate responses to external audit findings as needed.
- Contribute to the preparation of periodic and annual internal audit reports summarizing key results and trends.
- Escalate critical issues or recurring irregularities to the Internal Audit & Compliance Manager.
Strategy Support and Implementation
- Align audit activities with organizational vision and strategic goals.
- Translate strategic objectives into actionable audit initiatives.
- Provide recommendations to enhance internal controls and strengthen business processes.
Collaboration and Teamwork
- Work collaboratively with internal stakeholders throughout audit engagements.
- Participate in departmental knowledge-sharing and training sessions.
- Support the development of junior audit team members through mentoring and guidance.
- Promote teamwork, professionalism, and ethical conduct in all audit-related activities.
Budgeting and Financial Performance
- Assist in monitoring departmental expenditures against the approved budget.
- Report any control weaknesses or financial issues affecting company performance.
Policies, Systems, Processes & Procedures
- Ensure compliance with internal policies and auditing standards.
- Participate in reviewing and enhancing audit methodologies and internal processes.
- Support management in implementing revised policies and procedures to strengthen control frameworks.
Change Management
- Contribute to continuous improvement of audit systems, processes, and tools.
- Stay updated with industry changes and apply global best practices in auditing.
Reporting
- Prepare accurate and timely audit reports with clear findings and practical recommendations.
- Support the preparation of periodic progress reports and audit follow-up updates.
Related Assignments
- Perform other related duties or special assignments as directed by the Internal Audit & Compliance Manager.
5.
Communications & Working Relationships
Internal:
- Internal Audit & Compliance Manager
- All departments within the organization
- Colleagues within the Internal Audit & Compliance team
External:
- External auditors and audit service providers
- Government and regulatory authorities (as required)
6.
Context, Work Environment & Decision-Making Authority
- The job holder is responsible for identifying and addressing potential risks or control deficiencies across company operations.
- Significant audit findings or recommendations with major implications are escalated to the Internal Audit & Compliance Manager.
- The role exercises limited decision-making authority within delegated parameters and in accordance with company policies.
7.
Qualifications, Experience, and Skills
Minimum Qualifications:
- Bachelors degree in Accounting, Finance, Auditing, or a related discipline from a recognized university.
- Professional certification preferred (CIA, CPA, CISA, or equivalent).
Minimum Experience:
- 46 years of relevant internal audit experience.
- Experience in the manufacturing or industrial sector preferred.
Job-Specific Skills:
- Proficiency in English and Arabic (spoken and written).
- Solid understanding of auditing standards, internal control, and risk management frameworks.
- Strong analytical and critical-thinking abilities.
- Excellent communication, report writing, and presentation skills.
- Ability to work independently and collaboratively in a multicultural environment.
- Strong attention to detail, organizational, and time management skills.
- Ability to maintain confidentiality and demonstrate integrity in all audit matters.
8.
Core Competencies
- Creativity and Innovation: Apply practical, effective approaches to enhance audit processes and resolve control issues.
- Work Ethics and Values: Demonstrate integrity and professionalism in all audit engagements.
- Teamwork: Collaborate effectively with team members and departments to achieve audit goals.
- Concern for Safety: Identify operational risks and support the implementation of safety measures.
9.
Job Family Competencies
- Auditing: Apply auditing principles, methodologies, and standards to conduct effective internal audits and support external audit activities.
- Improving Business Processes: Identify and implement opportunities to enhance efficiency and strengthen internal controls.
- Organizational Savvy: Understand organizational structure and culture to navigate effectively and achieve audit objectives.