Senior Internal Auditor

• Establish and manage a comprehensive audit program that covers the management and operational systems, financial and accounting systems, procedures, records, and controls within L’azurde and its subsidiaries.
• Independently assess and evaluate the effectiveness of Company Policies, Procedures, and Guidelines, ensuring that organizational units comply with these standards and align with the Company’s objectives and high administrative standards.
• Conduct independent evaluations of the reliability and adequacy of controls over activities, ensuring organizational units comply with Company policies and procedures, and perform tasks related to planning, accounting, reporting, and control activities effectively and in line with Company goals and high standards.
• Review operational practices and controls, assessing how efficiently resources are being used, while identifying opportunities for cost-effective improvements.
  Verify the adequacy of asset management and ensure they are properly safeguarded against losses of all kinds.
• Evaluate specific management processes, such as planning, budgeting, and systems development, especially those that span across various organizational and functional areas.
  Ensure compliance with professional standards, and adherence to plans, budgets, and schedules.

2. Key Responsibilities

2.1 Risk Assessment & Testing Strategy:

• Contribute to the risk assessment process.
• Assist in preparing detailed risk registers that identify potential impacts and the likelihood of risks affecting the department/section/function under review, along with corresponding mitigation controls.
• Participate in developing a comprehensive internal audit work program, which addresses the identified risks and testing strategy.

2.2 Execution of Testing Strategy:

• Implement the testing strategy to meet audit objectives.
• Perform tests on internal controls identified in the planning phase, as outlined in the risk assessment.
• Evaluate the effectiveness of internal controls.
• Conduct the audit following the approved audit program and professional standards.
• Gather, analyze, and assess evidence to form an informed, objective opinion on the adequacy of systems and the efficiency of activities under review.

2.3 Working Papers & Documentation:

• Collect sufficient, factual, reliable, and relevant information to support test results.
• Document the work performed in understanding the department/section/function under review.
• Record and confirm issues raised and management responses, ensuring all working papers are signed off.
• Prepare working papers that summarize audit data and results.

2.4 Audit Report Preparation:

• Prepare the Internal Audit Control Exception Sheet (Audit Observation).
• Assist in preparing formal internal audit reports, offering opinions on the adequacy and effectiveness of systems, and the efficiency of activities carried out.
• Present audit findings, both orally and in writing, to financial/operational personnel and management during and after the audit process.
• Ensure the accuracy of observations, discuss deficiencies, and recommend corrective actions to enhance operations and reduce costs.

2.5 Closing Meetings:

• Attend meetings with the head of the department/section/function under review to discuss audit findings and proposed recommendations.

2.6 Follow-Up Assignments:

• Participate in follow-up assignments to ensure corrective actions agreed upon in audit reports are properly implemented.