Internal Audit Division Head 69 views

Job Purpose

Responsible for working closely with Internal Audit Department Manager in planning, conducting, reporting and managing internal audit within the company to ensure that the overall company’s operations are in line with the company’s policies & procedures.

Main Duties and Responsibilities

• Collaborates with Internal Audit Manager in developing and implementing comprehensive Internal Internal Audit plan based on risk assessments.
• supervises internal audit staff to ensure engagement work is complete, accurate and conforms with internal auditing standards and in conformity to the policies and procedures of the company.
• plans, leads and executes internal audit engagements, which include operational, compliance, financial audits.
• Exercises independent judgment in analyzing and interpreting internal auditing standards, laws, policies, and other information to verify work is complete, accurate, and conforms with internal audit standards.
• Ensures audit objectives are satisfied and that audits are completed efficiently and address relevant risks.
• Monitors engagement’s time, budgets and modifies audit procedures as necessary to minimize engagement risks.
• Develop audit programs, procedures and assigns tasks to the staffs under supervision.
• Leads the staffs in Performing regular audit programs as per the time schedules.
• Review financial records or data to ensure that its reliability, accuracy and timeliness. and compliance with the applicable regulations and guidelines.
• Investigate the design and effectiveness of financial controls and practices.
• Evaluate operational processes to ensure that operational efficiency, economic utilization of resources and effectiveness of the programs.
• Evaluate the conformance of policies and procedures both internally and externally.
• Reviews the works of the staffs and report to the Internal Audit Manager.
• Follow up and ensure the implementation of audit recommendations,
• Inspects transactions and related documents and verify accuracy and legitimacy,
• Provides advice on internal control and participate in enhancing internal audit standards and practices,
• Identifies control gaps and opportunities for improvement,
• Ensures that comments of external auditors and regulatory bodies are addressed by concerned departments
• Work with cross functional departments to leverage the efficiency of the audit works.
• Stays up-to-date on the latest auditing standards and practices,
• Train or coach senior and junior staffs.
• Supervise and Perform other duties assigned by the immediate supervison

Qualification and Skills

• BA or MA in Accounting, Accounting & Finance and related fileds.

Experience

• 5 years for MA out of these 2 years in a Division Head position
• 8 years for BA out of these 3 years in a Division Head position

Skills:

• Internal Auditing skills
• Accounting skills
• Complex data analytical problem- solving skills,
• Written and verbal Communication skills,
• Audit report writing and presentation skill
• MS Office skills,
• Organization and planning skills,
• Time management skills
• Leadership skills
• Decision-making skills
• Strong moral and ethical principles
• Ability to work independently and as part of a team