Senior Internal Auditor

Job Purpose:

The senior internal auditor is responsible for performing individual internal audit projects as part of the total internal audit plan. This responsibility includes developing internal audit scope performing internal audit procedures and preparing internal audit reports reflecting the results of the work performed. The work performed will include coverage of functional and operating units and focusing on financial IT and operational processes. Additionally the senior internal auditor performs follow-up on the status of outstanding internal audit issues. The senior internal auditor will also assist the chief internal auditor with periodic reporting to the audit and risk committee development of the annual internal audit plan and championing internal control and corporate governance concepts throughout the business.

Job Responsibility:

The primary mission of the senior internal auditor is to integrate audit services to provide the company executive

management and the audit and risk committee of the board of directors with assurance as to the adequacy

and effectiveness of the system of internal control throughout the company the effectiveness and efficiency

of operations reliability of financial reporting and compliance with applicable laws and regulations.

To achieve these objectives senior internal auditor will provide strategic direction and leadership in the areas

of internal auditing throughout the corporation. Specifically senior internal auditor will design and

implement the organization’s internal auditing programs and controls covering the areas of business

systems and processes financial and accounting systems IT investigations contracts and business risk

assessments.

• In collaboration with the chief internal auditor develop a comprehensive and flexible audit plan

using an appropriate risk-based methodology. Where appropriate corporate risks and priorities

should be reviewed validated and provided to the audit and risk committee for review and

concurrence.

• Develop and implement a comprehensive audit program for evaluating the adequacy and

effectiveness of the company’s system of internal control and the quality of performance in

carrying out assigned responsibilities.

• Examine and evaluate the adequacy and effectiveness of the company’s system of

Internal control and the quality of performance in carrying out assigned responsibilities.

• Implement the audit plan including as appropriate any special tasks or projects requested by

the chief internal auditor the management or the audit and risk committee.

• Prepare periodic reports to management and as appropriate to the audit and risk committee

providing information on the status and results of the audit plan and the sufficiency of audit

department resources.

• Manage recruit and develop a professional audit staff with sufficient knowledge skills

experience

and professional certifications to meet the corporation’s audit requirements.

• Evaluate and assess the internal controls surrounding due diligence processes.

• Participate as requested in due diligence processes.

• Support the chief internal auditor in Issuing the periodic reports to the audit and risk committee

summarizing results of audit activities and significant findings.

• Promote high levels of ethical awareness and conduct within the company and administer

independent investigations of potential ethical problems or conflicts of interest.

• Support the chief internal auditor in Prepare periodic reports for management and as appropriate

for the audit and risk committee on significant issues related to internal control processes to ensure

that these processes are appropriate for the current and evolving business environment and

to provide information concerning such issues through resolution.

•Coordinate audit activities with those of the co-sourcing consultant and the external auditors to ensure proper audit coverage elimination of duplication of effort and improvement in the efficiency and effectiveness of audit activities.

• Proactively interact with executives business unit and operating company management to ensure that their audit and business-risk management needs are met cost-effectively.

• Where appropriate provide an independent assessment of business management’s view on risk and

associated control effectiveness and evaluate the adequacy and effectiveness of business risk management

processes and programs.

• Promote business unit and operating company ownership of internal controls and support objective

business risk management within the company.

Job Specifications:

Essential/Minimum

Education and Academics:

• Academic bachelor’s in accounting or Auditing

Work Experience:

5-7 years’ experience in the internal audit department position.

Computer Skills:

MS office and windows should be Excellent Excellent in Teammate

Specific Certifications:

Certified Internal Auditor (CIA)

Technical Knowledge / Technical Competencies:

• Demonstrate strong technical knowledge.
• Have audit experience with a global multi subsidiary
• company.
• Demonstrate knowledge of trading operations.
• Have previous experience within a major accounting
• firm.
• Have experience in recruiting and developing a large
• audit organization.
• Manage staff on several concurrent projects.
• Have experience leading cultural and organizational
• change within an audit function.

Competencies & Behavioral Indicators:

• Perform strong leadership skills and the ability to attract
• and energize a talented staff.
• Demonstrate managerial courage to confront difficult
• issues with the appropriate response and communicate them appropriately and timely with all stakeholders in those issues.
• Conduct effective interpersonal skills which allow candidates to relate well to all levels of management.
• Have clear and effective oral and written communication skills.

Others:

Bilingual (Arabic & English)