Summary
Zahid Group is seeking an Internal Auditor II in Riyadh to conduct audits of company activities under the guidance of a Senior Auditor and help prepare audit reports. The role includes planning risk-based assignments, assessing safeguards for company assets, reviewing financial and operational information, and evaluating compliance and the efficient use of resources. The successful candidate will have a relevant bachelor's degree and at least 1 year of experience in an international audit firm, an internal audit department, or a finance department. English is essential, Arabic is desirable, and a driving license is required.
The posting
As published on zahid.com. Pulled from the employer's site and shown as they wrote it.
Job Summary
- To perform the internal auditing of company activities under the guidance and direction of the Senior Auditor and assist in the preparation of audit reports.
Key Accountabilities
- · Plan audit assignments based on risk-based auditing principles.
- Review the means of safeguarding company assets (tangible and intangible) and verifying the existence of such assets.
- Review the reliability and integrity of financial and operating information and the means used to identify, measure, classify and report such information.
- Review the systems established to ensure compliance with those policies, plans, procedures, laws and regulations, which could have significant impact on operations and reporting on whether the organization complies.
- Review economy and efficiency with which resources are employed: review financial activities and other operations of the company including Systems/IT, Production, Engineering, Marketing/Sales and Human Resources/Personnel; and report recommendations to eliminate duplication, waste, red tape and bureaucracy.
- Prepare the audit interim report and follow up on the communication of the final report and subsequent actions taken towards the recommendations made.
- Any other responsibility assigned by IAD Management
Knowledge, Skills and Aptitude
- Educational Qualifications and Certifications: B.COM (Accounting/Finance/IS) degree or planning to pursue Certified Internal Auditor or Certified Information Systems Auditor or other certifications in internal auditing, internal controls or IT security (relaxable for candidates with a good aptitude for internal auditing and with higher relevant experience).
- Knowledge:regulatory requirements, processes, and technology continue to undergo constant transformations, audit professionals must adopt a forward-thinking mindset when delivering assurance and advisory services.
- Technical Skills:Financial Acumen, Risk Assessment, and Data Analysis
- Language Skills: Arabic is desirable. English is essential
- Experience: Minimum of 1 year as a Member of International Audit firm or an internal auditing department or finance dept. of reputed organization, with exposure to best practices in risk management, control and governance process. · Holds a Driving License.
Key Interactions
- Key Internal Contacts:
- Internal Audit Team
- Audit clients – Line Managers in charge of Different processes and business unit
- Key External Contacts:
- External Auditors
- Direct Reports: N/A