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Job Description
- Assist the GM, Internal Audit/Senior Auditor in providing independent assurance to NOMAC’s Leadership that NOMAC’s risk management, governance and internal control processes are operating effectively to ensure reporting, compliance with laws, regulations, policies and procedures, and the safeguard of assets.
- Lead the development, planning, implementation, preparation, compiling and/or maintenance of Internal Audit activities, such as the Annual Audit Risk Assessment, IA performance metrics, regulator requests, training initiatives, and management action plans.
- Carrying out the audit plan as designed by General Manager - Internal Audit
- Perform effective audits to provide recommendations for improvement of audit processes/procedures
- Developing audit engagement scope, completing field-work, preparing audit reports reflecting the results of the work performed
- Performing complex analysis and resolving difficult issues requiring a high degree of quality and precision
- Deciding how best to respond customers, and monitor output to deliver increasing quality and pace over time
- Foreseeing developing issues and taking actions to minimize negative impacts or maximize benefits
- Communicate audit results and observations to NOMAC's management
- Working independently, receiving little instruction on day-to-day work, with general guidance on assignments.
- Performance of internal audits, to include preliminary survey, development of audit program, performance of field work, reporting, follow-up, and work-paper review. Relevant tasks include reviewing existing information, analysing data, interviewing/testing individuals involved, and documenting results, evaluating the adequacy of work-paper documentation, and reviewing audit report content. Evaluates the adequacy of internal controls and processes. Ensures compliance with applicable laws, rules, regulations, policies and procedures.
- Monitor metrics including chargeability, adherence to audit budgets, quality of work-papers, post audit surveys, and other auditee feedback
- Assist on external audits by obtaining needed documentations, creating schedules & narratives, preparing account confirmations and performing field-work
- Participate in management meetings by preparing presentation material, presenting information, and/or providing relevant feedback to attendees
- Maintain technical competency concerning internal audit which lead to professional development of IA staff
- Recommend changes to existing policies/ procedures and practices to enhance their effectiveness to meet the business and cultural needs of the Company and enable good employee relations, employee communication, and equality of opportunity, participation and teamwork
- Support to Identify opportunities of improvement and contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment
- Ensure compliance to all relevant health, safety, security and environmental management policies, procedures and controls across the department to guarantee employee safety, legislative compliance and a responsible environmental attitude
Skills
- Certification as a CPA or CIA strongly preferred (or actively working towards earning a designation)
- Broad working knowledge of accounting theory and practice, financial institution laws and regulations and best practices.
- Strong understanding of internal controls and sound knowledge of business practices, risks, and business process improvements.
- Strong analytical, statistical, and problem-solving skills
- Skilled in productivity, planning, and workload management
- Possess a high level of integrity and work ethic
- Ability to multi-task and meet established deadlines.
- Investigative Skills
- Ability to recognize sensitive issues for timely communication and/or escalation.
- Ability to exercise sound discretion and judgement.
- Ability to share information appropriately with awareness of its effect on others.
- Strong written and verbal communication skills including a demonstrated ability to clearly provide written reports that accurately and clearly summarize issues and present solutions in an understandable and logical manner
- Good relationship building skills
- Excellent communication and inter-personal skills
- Knowledge of people management systems and practices
- Advanced planning & organising skills
- Advanced communication skills
- Professional Knowledge in best practices thorough understanding of the business value chain
Job Details
Job Location
Jeddah , Saudi Arabia
Job Role
Human Resources and Recruitment
Employment Status
Full time
Employment Type
Employee
Preferred Candidate
Career Level
Mid Career
Years of Experience
Min: 5
Residence Location
Saudi Arabia
Nationality
Saudi Arabia; Other
Degree
Bachelor's degree