Senior Internal Auditor ensures successful execution of assigned audit engagements, from start to finish, inclusive of audit planning, risk based audit execution and issuance of final audit report with consultative audit recommendations.
- Participate in the implementation of the annual Audit plan through executing the assigned internal audit projects.
- Schedule Kick off meeting, status update, Exit and close-out meetings with Operating Companies/auditees.
- Develop Preliminary Information request list (IRL) and submit the list to the Auditees subsequent to the kick off meeting.
- Escalate to the Head of Internal Audit of on any foreseeable delays in the receipt of information listed in the IRL.
- Prepare/Update Business Understanding documentation including updating existing process Risk Registers.
- Develop Risk and Control Matrix (RACM) and audit programs and develop the Sampling Memo for review by the Group Head of Internal Audit.
- Complete testing of audit procedures per RACM/Audit Program in a timely manner.
- Identify control operating issues/design deficiencies and develop recommendations to address those issues.
- Participates in audit meetings to discuss audit findings and may refer to Group Head of Internal Audit as needed, for advice and support.
- Meet with appropriate staff to obtain an understanding of the business processes and to coordinate directly with them on the information request list.
- Coordinate and direct all the assigned audits and ensure that reports on such audits are made to the Group Head of Internal Audit.
- Perform fact-gathering and analysis, in a thorough, accurate and organized manner.
- Ensure that the audit engagement was completed as designed and that the auditees’ concerns were answered.
- Prepare high quality draft reports and internal audit recommendations for each audit.
- Review Management’s response, hold discussions and, if necessary, update the final report, after consulting the Group Head of Internal Audit in order to reissue the report as required.
- Ensure audits are completed within project budgets and project milestones are met; and escalate immediately to the Group Head of Internal Audit for any anticipated delays.
- Ensure timely issuance of Draft and Final reports to Group Head of Internal Audit for review prior to issuance to auditee and the Audit Committee.
- Support the Group Head of Internal Audit in developing/updating the presentations for the quarterly Board Audit Committees.
- Monitor progress of implementation of internal audit recommendations/ corrective action plans and report quarterly to the Group Head of Internal Audit.
- Develop and maintain strong relationships with the Management of Operating companies.
- Independently perform Stock Counts on a routine basis across various locations in the UAE.
- Perform other special Review (such as review pertaining to Ad-Hoc, consultancy, specific compliance, etc.) as instructed by the Group Head of Internal Audit.
- Performs other related duties as assigned.