Roles & Responsibilities:
Position Overview:
The Internal Auditor will be responsible for the execution of risk-based internal audit assignments across business functions, systems, and processes. This role requires a detailed understanding of internal controls, risk management, and regulatory compliance. The Internal Auditor will perform fieldwork, document findings, and assist in reporting results to senior management. The role supports the Internal Audit Manager in delivering the audit plan and ensuring effective risk mitigation and control enhancement across the organization.
Key Responsibilities:
1. Audit Execution:
Execute internal audits of financial, operational, compliance, and IT-related areas in line with the approved audit plan under the direction of the Internal Audit Manager.
Conduct walkthroughs, gather evidence, test internal controls, and assess processes across functional areas.
Evaluate compliance with company policies, procedures, and relevant laws and regulations.
Identify control gaps, inefficiencies, and opportunities for process improvements.
Perform detailed testing of financial, operational, and IT controls.
Document audit procedures and findings in accordance with internal standards.
Ensure audit working papers are complete, clear, and support conclusions drawn.
Reporting & Communication:
Assist in drafting audit observations, recommendations, and draft reports for review by the Internal Audit Manager.
Deliver adequate and timely action plans and monitor progress to address and resolve deficiencies in collaboration with process owners.
3. Risk & Control Assessment:
Support risk assessment activities by gathering and analyzing data from various departments.
Contribute to the identification of emerging risks and suggest enhancements to control frameworks.
Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, escalation to business partners and senior leadership.
4. Stakeholder Engagement:
Liaise with business units and control owners during audits to understand operations and gather relevant information.
Communicate audit findings in a clear and constructive manner to drive remediation efforts.
5. Compliance & Regulatory Oversight:
Ensure the company complies with relevant local and international regulatory frameworks, GDPR (General Data Protection Regulation), and industry-specific standards.
Stay updated and informed on changes in the frameworks and apply these in evaluating compliance on a proactive basis.
6. Continuous Improvement:
Identify areas for improvement in internal controls, audit processes, and risk management.
Participate in suggesting and implementing best practices to enhance efficiency and effectiveness in the internal audit function.
Stay updated on industry trends, emerging risks, and new audit methodologies relevant to the software and GCC sectors.