A reputable FMCG Organization in Riyadh, Saudi Arabia is seeking for “Senior Internal Auditor”.
Key Role and Responsibilities:
- Review and appraise the soundness, adequacy, and effectiveness of financial and operational processes, policies, and controls at executive and staff levels.
- Review the reliability and integrity of financial and operational information, and the means used to generate, capture, and report such information.
- Ascertain the extent of compliance with established policies, procedures and plans.
- Ascertain the extent to which company’s assets are accounted for and safeguarded from losses of all kinds and recommend appropriate improvements in the accountability and safeguarding of those assets and the reliability of management data.
- Ascertain the reliability of management data developed and internally or externally reported.
- Assist management in improving business practices, organizational structure, and security of information and records.
- Recommend appropriate improvements in the company’s business processes where controls have been found to be malfunctioning, weak, or non-existent.
- Appraise the quality of performance and recommend ways to improve the efficiency and effectiveness of units in carrying out assigned responsibilities.
- Review and evaluate computer-based systems in production, in development, or undergoing change. Review and evaluate the systems development process and computer operations.
- Report the results of audits in a timely manner and secure timely responses regarding planned corrective actions for all opportunities identified in the audit reports.
- Pursue a program of follow-up audits to assess the timeliness and adequacy of corrective actions.
- Develop annual audit plans based on a business risk assessment that considers such factors as: the exposure and potential for loss, the complexity of operations, and the degree to which the functions are subject to external influences, data and findings of prior audits, available resources, and special requests by management.
- Review compliance with any adopted business ethics or conflict of interest policies and investigate fraud or other improprieties.
- Conduct special assignments and consulting activities at the request of management or CEO.
- Prepare findings and recommendations’ reports of identified internal control weaknesses.
- Fraud Limitation: the identification and prevention of fraud is clearly a management responsibility, however, Senior Internal Auditor shall assist management to identify the main fraud risks exposures and help management to design adequate controls that could minimize the effects of identified risks.
Requirements:
- Bachelor’s degree from an accredited university in relevant field, postgraduate qualification(s) preferred.
- Minimum of 8 years of proven experience in the field of internal / external audit (Big 4 experience is an advantage).
- Strong knowledge of auditing standards, procedures, laws, rules, and regulations. And experience in performing tests of accounting records, internal controls, and accounting systems to ensure compliance with regulations, accounting principles, cost accounting standards and Policies & Procedures.
- Meticulous attention to detail, high level of accuracy, and ability to work with large amounts of complex financial data.
If you think you may for the above-mentioned requirements, please send your updated CV to (Walid.hawary@gmail.com).
