Internal Audit Manager
Sheraton, Cairo
Internal Audit Manager
Sheraton, Cairoposted 1 day ago52Applicants for1 open position
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Job Details
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Job Description
- Establish the Internal Audit strategy in alignment with El Ahlyia’s corporate objectives, focusing on critical control areas in coordination with the Audit Committee. Ensure the IA strategy provides comprehensive coverage of both financial and non-financial activities.
- Create a risk-based annual audit plan, prioritizing areas with the highest potential impact on the company’s operations. Present the plan to the Audit Committee for review and approval, ensuring thorough audit controls are implemented across the organization.
- Develop, optimize, and regularly update audit policies and procedures to ensure they align with regulatory requirements, industry best practices, and El Ahlyia’s strategic objectives.
- Conduct regular and ad-hoc audit inspections as per the approved audit plan. Issue NonCompliance Reports (NCRs) with actionable recommendations to drive continuous improvement in financial and operational processes.
- Perform ongoing risk assessments to identify potential vulnerabilities in the company’s operations. Recommend and oversee the implementation of corrective actions to minimize risks and enhance operational efficiency
- Regularly review and evaluate the effectiveness of El Ahlyia’s internal policies, systems, and procedures. Provide recommendations to ensure compliance with regulatory requirements while promoting higher efficiency and operational excellence.
- Prepare detailed reports on audit findings, including root cause analysis and proposed corrective actions. Present these reports to the Audit Committee, emphasizing areas of concern and providing strategic recommendations to mitigate risks.
- Act as the primary liaison with external auditors, coordinating internal resources and information to facilitate their work. Ensure alignment between internal and external audit findings, and collaborate on implementing necessary improvements.
- Serve as an advisor to senior management on internal control matters, offering insights and recommendations on improving the company’s control environment and reducing exposure to potential risks.
- Monitor the implementation of corrective actions recommended in audit reports, ensuring timely resolution of issues and reporting on the status of follow-up actions to the Audit Committee.
- Develop and implement strategies for detecting and preventing fraud within the organization. Lead investigations into suspected fraudulent activities and work with relevant departments to strengthen controls against future incidents.
- Maintain open and effective communication with key stakeholders, including the Board of Directors, Audit Committee, and senior management, to ensure transparency and alignment on audit matters.
Job Requirements
- A bachelor's degree in Accounting/Finance or a related area is required.
- Post-graduate certifications with a CIA (Certified Internal Auditor) certification are preferred.
- 10 years of professional experience
- Experience within the medical devices industry is highly preferred
