Internal Audit Manager
- Recruiter
- Bayt.com
- Location
- Jeddah , Saudi Arabia
- Salary
- Competitive
- Posted
- 24 Nov 2017
- Closes
- 25 Nov 2017
- Job role
- Audit, Internal audit
- Sector
- Accounting - Public practice
- Experience level
- Manager
Roles & Responsibilities:
The Manager, Internal Audit is responsible for planning, executing and reporting on operational, financial, regulatory and compliance related audits/reviews of Company. A secondary role is to provide advice on internal control to Direct management, including responding to questions on risk management techniques.
Responsibilities:
- To formulate policy, Internal Audit Charter, Audit Manual, Audit Technique, Audit Guideline, Audit Program to update the internal Audit System and present to the Audit Committee.
- Give advice on financial, operational, risk management, compliance, internal control matters as required and the evaluation of effectiveness of existing policies and give recommendation for improvement.
- To see the overall administration of Internal Audit Department.
- To formulate Annual Audit Plan in consultation with management to take approval from the Audit Committee and implement the annual Audit Plan.
- To review and finalize the draft report submitted by Internal Auditors.
To arrange Audit Committee's Meeting as a member of the committee in every quarter and Departmental Meeting to discuss the issues of Internal Audit Department.
- To advise and supervise the work of the Senior Audit Officials and to provide general advice and support to assist with the development.
- Periodic reports on a timely basis to the Audit Committee/General Manager summarizing results of audit activities.
Presentation to the Audit Committee/General Manager/Top Executives on core issues in time.
- To arrange recruitment of Audit Officials. Evaluate the performance of the Audit Officials and recommended for increment/confirmation/promotion.
Presentation to External Auditor and Evaluation Team about the activities of Internal Audit Department, Internal Control System and Risk Management and provide information as per their necessity.
- Class Room Training to Audit Officials and arrange other trainings for professional development.
- Training and presentation to program management for compliance of audit observation.
- The review of the application and effectiveness of risk management procedure and risk assessment methodologies of various programs and activities.
- Finalize the meeting minutes.
- Assist in investigation and examination of significant suspected fraudulent activities and notify Audit Committee/General Manager.
The Manager, Internal Audit is responsible for planning, executing and reporting on operational, financial, regulatory and compliance related audits/reviews of Company. A secondary role is to provide advice on internal control to Direct management, including responding to questions on risk management techniques.
Responsibilities:
- To formulate policy, Internal Audit Charter, Audit Manual, Audit Technique, Audit Guideline, Audit Program to update the internal Audit System and present to the Audit Committee.
- Give advice on financial, operational, risk management, compliance, internal control matters as required and the evaluation of effectiveness of existing policies and give recommendation for improvement.
- To see the overall administration of Internal Audit Department.
- To formulate Annual Audit Plan in consultation with management to take approval from the Audit Committee and implement the annual Audit Plan.
- To review and finalize the draft report submitted by Internal Auditors.
To arrange Audit Committee's Meeting as a member of the committee in every quarter and Departmental Meeting to discuss the issues of Internal Audit Department.
- To advise and supervise the work of the Senior Audit Officials and to provide general advice and support to assist with the development.
- Periodic reports on a timely basis to the Audit Committee/General Manager summarizing results of audit activities.
Presentation to the Audit Committee/General Manager/Top Executives on core issues in time.
- To arrange recruitment of Audit Officials. Evaluate the performance of the Audit Officials and recommended for increment/confirmation/promotion.
Presentation to External Auditor and Evaluation Team about the activities of Internal Audit Department, Internal Control System and Risk Management and provide information as per their necessity.
- Class Room Training to Audit Officials and arrange other trainings for professional development.
- Training and presentation to program management for compliance of audit observation.
- The review of the application and effectiveness of risk management procedure and risk assessment methodologies of various programs and activities.
- Finalize the meeting minutes.
- Assist in investigation and examination of significant suspected fraudulent activities and notify Audit Committee/General Manager.