We are seeking a talented and experienced individual to join our Internal Audit team as an Internal Audit Associate Manager. In this role, you will be responsible for assisting in the planning, execution, and reporting of internal audit activities across the organization. The ideal candidate will have a strong background in auditing, exceptional analytical skills, and the ability to effectively communicate findings to stakeholders at all levels.
Job Purpose:
The position is crucial for overseeing risk management, compliance, and financial integrity within the organization. By offering an independent viewpoint, the auditor identifies areas for enhancement, protects assets, and aids in meeting organizational goals. Furthermore, their efforts promote transparency, integrity, and efficiency in financial operations, helping the organization achieve its objectives while reducing risks.
Responsibilities:
- Identify potential risks and vulnerabilities in financial processes, systems, and controls that could impact the organization's financial integrity, compliance, and achievement of business objectives.
- Evaluate the significance and likelihood of identified risks, considering their potential impact on financial statements, operations, and regulatory compliance.
- Assess the effectiveness of existing internal controls designed to mitigate identified risks, including evaluating the design and implementation of control activities, segregation of duties, and the overall control environment.
- Provide recommendations for improving internal controls and risk mitigation strategies to minimize the identified risks and enhance the effectiveness and efficiency of financial processes.
- Verify compliance with applicable laws, regulations, and internal policies related to financial operations, reporting, and disclosures.
- Conduct audits and investigations to identify and mitigate the risk of fraud, including assessing fraud risks, evaluating the adequacy of anti-fraud controls, and recommending measures to prevent and detect fraudulent activities.
- Communicate audit findings, including identified risks, control deficiencies, and recommendations for improvement.
- Monitor the implementation of recommended risk mitigation measures and assessing their effectiveness. Conducting follow-up audits to ensure identified issues have been adequately addressed.
- Engage in ongoing risk assessment activities, staying updated with changes in the business environment, industry trends, and regulatory requirements to proactively identify new risks and adapt audit plans accordingly.
Qualification & Experience:
- Graduate degree in finance / Accounting or a related subject.
- Working towards Professional qualifications such as CIA, CFE, CA, ACCA, CPA or other qualification relevant to Internal Audit
- Minimum 7 years post qualification relevant experience.
To be Considered for this role:
- Proficient in accounting principles, IFRS, financial reporting, and internal controls.
- Skilled in analyzing complex financial data to identify trends and anomalies.
- Able to address financial process issues and ensure compliance.
- Capable of assessing risks and recommending mitigation strategies.
- Knowledgeable about tax laws and compliance requirements.
- Experienced in evaluating tax risks and compliance gaps.
- Familiar with tax compliance processes such as VAT and CIT returns.
- Excellent English communication skills, Arabic proficiency a plus.
- Strong communication abilities to convey audit findings effectively.
- Maintains high ethical standards and confidentiality.
Note: Only suitable candidates will be contacted for an interview.
(Our company is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.)
