MANAGER-INTERNAL AUDIT

POSITION SPECIFICATION
Position Internal Audit Manager
Company ESOM
Location Riyadh
KEY RESPONSIBILITIES
Directly reporting to the Audit Committee of the Board of Directors of the
Company. This position has an overall control and responsibility to provide
independent, professional and objective assurance and consulting activity
designed to add value and improve the Company's operations and internal
controls by bringing a systematic, disciplined approach to evaluate and
improve the design and effectiveness of risk management, internal controls and
governance processes.

Specific responsibilities include but are not limited to the following:
* Develop an annual Audit Plan using appropriate risk-based methodology and taking into consideration potential risks or control concerns identified by management, and submit this Plan to the Audit Committee for review and approval. Any significant deviation from the formally approved audit plan is communicated to the Audit Committee through periodic activity reports;
* Allocate resources, set frequencies, select assignments, determine the scope of work, and apply the techniques required to accomplish internal audit objectives;
* Submit internal audit reports to the Audit Committee, Management and Independent Auditors regarding the internal control structure, identifying significant control issues and providing related recommendations;
* Report to the Audit Committee and management the status of the current year's audit plan and the sufficiency of department resources;
* Evaluate the adequacy and timeliness of management's comments to, and the corrective action taken on all significant control issues noted in such reports.
* Conduct follow-up reviews as necessary and periodically report to the Audit Committee the status of management's progress;
* Keep the Audit Committee informed of emerging trends and best practices in internal auditing;
* Provide an assessment on the adequacy and effectiveness of the organization's processes for controlling its activities and managing risks;
* Discuss audit findings and their impacts professionally and confidently with appropriate levels of the organization and deliver structured audit reports. Present findings and proposes recommendations that deal with root cause of issues and impact to the organization
* Periodically report significant issues related to the processes for controlling the activities of the Company including potential improvements to those processes and to provide information on the status of such issues through to resolution;
* Assess compliance with legal and fiscal requirements and other regulatory matters;
* Assess and account for the potential for fraud risk and identifies common types of fraud associated with the organization;
* Investigate ethical issues and proposes measures for resolution;
* Undertake special projects, ad-hoc audits, project reviews, fraud investigations or similar as required;
* Ensure the selection, development and supervision of competent and professional audit staff; and
* Determine whether the risk management process, the system of internal controls and the governance processes are adequate and functioning in an effective manner.
PROFESSIONAL EXPERIENCE / QUALIFICATIONS
* ‎10+ years of internal audit experience including progressively senior internal audit roles in large companies in KSA or Middle East.
* Strong quantitative, analytical skills with attention to detail and accuracy.
* Well organized with an ability to manage multiple projects with strict deadlines.
* In-depth experience with large-scale ERP systems.
* Excellent communication, people management skills and problem-solving skills
* Excellent stakeholder management skills
EDUCATION
An undergraduate degree in business and/or accounting
CA/CPA/CIA designation is preferred.
An MBA would be considered an asset
LANGUAGE
Strong communication and written skills in English. Arabic language is an
asset.

Primary Location : SA-Saudi Arabia
Work Locations : ESOM- HEAD OFFICE-RIYADH El Seif Operations and
Maintenance Company Riyadh
Job : ESOM INTERNAL AUDIT
Organization : ESOM - BU
Schedule : Regular
Full-time
Day Job
Job Posting : Nov ‎27, ‎2022, ‎9:29:‎47 AM