Senior Internal Audit Specialist
Elon It
Description
Responsibilities
1. BASIC FUNCTION
1.1 To perform an independent appraisal of Financial, Operational, Management and Computer activities within Ashghal in order to ensure the reliability and integrity of the management information produced within the various organizations for management.
1.2 To perform independent appraisals and evaluation of the adequacy and effectiveness of Ashghal’s Policies, Procedures and Guidelines, and determine whether the organizational Affairs/Departments are performing in compliance with Ashghal’s Policies, Procedures and Guidelines and in a manner consistent with both Ashghal’s objectives and high standards of administrative practice.
1.3 To perform independent appraisals and evaluations of the adequacy and reliability of the controls over those activities and determine whether the Ashghal Affairs/Departments are performing their planning, accounting, accurate and timely reporting and custodial or control activities in compliance with Ashghal’s policies and procedures and in a manner consistent with both Ashghal’s objectives and high standards of administrative practice.
1.4 To review operating practices and controls in order to evaluate the efficiency with which resources are employed and to identify profit and/or cost-effective improvements.
1.5 To ascertain the effectiveness with which the assets are accounted for and are safeguarded from losses of all kinds.
1.6 To evaluate the effectiveness of specific management processes, such as, planning, budgeting, systems development, or other processes which may cross organizational and functional lines.
1.7 To ensure conformance with professional standards, plans, budgets and schedules.
2. WORK PERFORMED
2.1 Directs and supervises the activities of assigned personnel. Performs supervisory functions at the Senior Internal Audit Specialist level as established by H.E. the President.
2.2 Identifies those activities subject to audit coverage, evaluates their significance and assesses the degree of risk inherent in the activity.
2.3 Participates in preparing the annual and long term audit plans ensuring adequate coverage of all organizational and functional activities, management and operating systems, management practices, including the adequacy, accuracy and timeliness of reports, procedures and control activities including the evaluation of the applicability and effect of company policies and procedures and the degree of compliance therewith, within the assigned area of responsibility.
2.4 Reviews operating practices and controls in order to evaluate the efficiency with which resources are employed and to identify profit and/or cost-effective improvements.
2.5 Evaluates the effectiveness of specific management processes e.g. planning, budgeting, systems development and others which cross organizational and functional lines.
2.6 Assists in scheduling projects and staff assignments so as to comply with Management’s needs, within the scope of the overall program.
2.7 Assists in setting the objective, scope and audit approach for each audit.
2.8 Prepares the audit programs in consultation with his superior as determined by Internal Audit Department.
2.9 Executes each audit and ensure that professional standards are maintained.
2.10 Counsels and guides auditors and assigned technical experts to ensure that the approved audit objectives are met and that adequate coverage is achieved in order to support conclusions and recommendations.
2.11 Reviews and edits audit reports with auditor in charge and discusses the reports with appropriate management.
2.12 Identifies factors causing deficient conditions and recommends courses of action to improve conditions including the possible requirement for special surveys and additional audits.
2.13 Performs research on management and operating systems, procedures and controls and audit techniques; develops implements and maintains financial and audit standards and develops manuals and training guides.
1.1 To perform an independent appraisal of Financial, Operational, Management and Computer activities within Ashghal in order to ensure the reliability and integrity of the management information produced within the various organizations for management.
1.2 To perform independent appraisals and evaluation of the adequacy and effectiveness of Ashghal’s Policies, Procedures and Guidelines, and determine whether the organizational Affairs/Departments are performing in compliance with Ashghal’s Policies, Procedures and Guidelines and in a manner consistent with both Ashghal’s objectives and high standards of administrative practice.
1.3 To perform independent appraisals and evaluations of the adequacy and reliability of the controls over those activities and determine whether the Ashghal Affairs/Departments are performing their planning, accounting, accurate and timely reporting and custodial or control activities in compliance with Ashghal’s policies and procedures and in a manner consistent with both Ashghal’s objectives and high standards of administrative practice.
1.4 To review operating practices and controls in order to evaluate the efficiency with which resources are employed and to identify profit and/or cost-effective improvements.
1.5 To ascertain the effectiveness with which the assets are accounted for and are safeguarded from losses of all kinds.
1.6 To evaluate the effectiveness of specific management processes, such as, planning, budgeting, systems development, or other processes which may cross organizational and functional lines.
1.7 To ensure conformance with professional standards, plans, budgets and schedules.
2. WORK PERFORMED
2.1 Directs and supervises the activities of assigned personnel. Performs supervisory functions at the Senior Internal Audit Specialist level as established by H.E. the President.
2.2 Identifies those activities subject to audit coverage, evaluates their significance and assesses the degree of risk inherent in the activity.
2.3 Participates in preparing the annual and long term audit plans ensuring adequate coverage of all organizational and functional activities, management and operating systems, management practices, including the adequacy, accuracy and timeliness of reports, procedures and control activities including the evaluation of the applicability and effect of company policies and procedures and the degree of compliance therewith, within the assigned area of responsibility.
2.4 Reviews operating practices and controls in order to evaluate the efficiency with which resources are employed and to identify profit and/or cost-effective improvements.
2.5 Evaluates the effectiveness of specific management processes e.g. planning, budgeting, systems development and others which cross organizational and functional lines.
2.6 Assists in scheduling projects and staff assignments so as to comply with Management’s needs, within the scope of the overall program.
2.7 Assists in setting the objective, scope and audit approach for each audit.
2.8 Prepares the audit programs in consultation with his superior as determined by Internal Audit Department.
2.9 Executes each audit and ensure that professional standards are maintained.
2.10 Counsels and guides auditors and assigned technical experts to ensure that the approved audit objectives are met and that adequate coverage is achieved in order to support conclusions and recommendations.
2.11 Reviews and edits audit reports with auditor in charge and discusses the reports with appropriate management.
2.12 Identifies factors causing deficient conditions and recommends courses of action to improve conditions including the possible requirement for special surveys and additional audits.
2.13 Performs research on management and operating systems, procedures and controls and audit techniques; develops implements and maintains financial and audit standards and develops manuals and training guides.
Requirements
- Bachelor’s Degree in Accounting, Business Administration, Economics or relevant field.
- Professional qualification such as Chartered Accountant (CA), Association of Certified Chartered Accountants (ACCA), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or equivalent (Master’s Degree) is preferable.
-15 years relevant experience preferably in the Construction or related industries.
- High level of proficiency in English; working knowledge of Arabic is preferable.