مدقق داخلي أول

JOB PURPOSE:

To assist the Principal Auditor in conducting and delivering internal audit services for a specific assignment. The senior auditor shall under the guidance of the Manager IA , carry out parts of the overall audit while ensuring that professional standards are met, areas of non-compliance are identified and addressed to mitigate the risk.

KEY ACCOUNTABILITIES:

Policies, Processes & Procedures

 Implements approved departmental policies, processes and procedures to ensure that work is carried out in accordance with the professional standards issued by The Institute of Internal Auditors.

Day-to-Day Operations

 Implements the day-to-day operations assigned for the Internal Audit function to ensure compliance with the established standards and procedures and EGA audit methodology.

Risk Assessment and Audit Plans

 Participates in the risk assessments carried out by the Senior Manager/Manager for the assigned area of responsibility.

Internal Audit Activities

 Carries out parts of the overall audit including but not limited to: a) participating in determining the audit approach including risk analysis and process mapping; b) conducting the testing of internal controls; c) identify process improvements and cost reduction opportunities; and d) assess the adequacy of internal controls

Documentation

 Prepares work papers to ensure that the audit objectives and the quality standards are met and working papers or audit files are maintained as per Internal Audit methodology

Corrective Actions

 Assists in developing suitable recommendations to mitigate/remediate the observations made and risks highlighted. In particular this will include ensuring that all accepted recommendations are given clear implementation deadlines or clearly identified as not being accepted.

 Ensures that Senior Manager IA / Principal Auditor is informed in a timely manner regarding critical issues to enable quick correction and mitigation of further occurrences.

 Carries out the periodic follow-up of recommendations and report on status of implementation.

Reports

 Prepares draft observations pertaining to the work assigned as per the required format for review by the audit team leader

Management Requests and Fraud Investigation

 Participate in ad-hoc reviews based on management requests and/or fraud investigations, as directed by more senior members of the Internal Audit team

Safety, Quality & Environment

 Complies with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment

AUTHORITY/ DECISION MAKING:

 The Senior Auditor is required to interact and maintain effective working relationships with line management of the assigned area of responsibility.

QUALIFICATIONS & SKILLS:

Minimum Qualifications:

 Bachelor’s degree in Finance / Accounting / Engineering and working towards a professional qualification from a recognised International Accounting Institutes (e.g. CPA/CIMA/CMA/CA)

 Audit related professional qualification such as CIA or CISA

Minimum Experience:

 Minimum of 3-6 years internal audit / relevant business process experience in a large manufacturing company or with the Big4 audit firms.

Skills:

 Knowledge of the manufacturing industry with particular exposure to the metal industry in general and Aluminium industry in particular.

 Intermediate knowledge of IIA Standards on Professional Practice and Code of Ethics

 Intermediate knowledge of international corporate/IT governance, risk and internal controls frameworks such as COSO, ERM, COBIT, etc.

 Good analytical and observation skills. Knowledge of data analysis techniques and computer assisted audit tools such as ACL/IDEA would be an advantage.

 Adequate language skills (English) and effective communication skills, both written and oral.

 Must have sufficient knowledge to be able to identify red flags in the processes and be able to assess the risk of fraud stemming therefrom.

 One or more of the following:

o Intermediate knowledge of IT processes including IT Governance, IT ISO, IT Security, etc.

o Intermediate knowledge of the Aluminium smelting plant processes and operations including technical aspects

o Intermediate knowledge of IFRS, finance function, accounting practices, JVs, financial analysis, etc.

o Intermediate knowledge of processes such as HR, supply chain, marketing & sales, treasury etc.