Internal Audit Manager

Job Purpose

Under general supervision, verifies the financial status and operating procedures of the institution through a systematic program of audits. Interacts with administrative and enforcement agencies; monitors systems and solves problems

Job Responsibilities

• Responsible for internal audit assignment in planning, executing, and reporting of internal audits over Holding Company and across Company Subsidiaries/ Business Units,
• Develop and periodic review and update of the IA “Foundation” documents; namely the IA Manual and Charter, IA Employee Handbook, IA templates, and any other IA documents as approved and seen appropriate by the Head of Internal Audit,
• Train and develop the on-hand IA team over time and for keeping the Head of IA updated with regards to any concerns on team development
• Align IA strategy to overall approved Company corporate strategy and business plan
• Adequate IA annual planning with ensuring that key IA focus is based on a systematic disciplined approach that is “Risk-Based”, effective and efficient; and those IA efforts are directed towards high priority and critical and high risks areas.
• Understand the engagements’ scope and its proper communication to IA team members, Head of Internal Audit, and auditees.
• Adequate, effective, and efficient planning of engagements
• Monitor the ongoing engagements’ progress and support the IA team in resolving challenges, at the corporate level, subsidiaries, and company remote locations.
• Complete on-time the engagements in line with the Head of Internal Audit approved IA plan, APM, and announcement letters.
• Assure the IA quality and quality control across all IA domains for all types of engagements natures. Such as Assurance, Consulting, Compliance, Fraud Investigations, Internal Investigations, Special Assurance, and Consulting.
• Report clearly with high-quality internal audit reporting to Audit Committee and CEO
• Monitor the financial and man-days of the IA annual budget.
• Monitor the compliance with the Company administrative policies and procedures and practices followed, such as IA team attendance, leaves planning, leaves authorization, etc...
• Archive the IA and documents control in line with applicable local regulations
• Support the Head of Internal Audit in recruitment and hiring of the IA required resources based on the annual approved “IA Headcount” plan.
• Ensure IA team are developed, trained and their performance is appraised periodically, coached on the job, Ad-Hoc, and upon completion of each engagement.
• Ensure that ethical standards are met in line with the Company code of ethics, IIA code of ethics, and IA manual and charter.
• Develop the IA KPIs and submission to the Head of Internal Audit for review and approval.
• Monitor periodically the approved KPIs per the IA Manual.
• Provide the necessary support in overseeing the development of specific policies and procedures such as whistleblowing, investigation, governance policies, or any other policies where he possesses the adequate level of experience and proficiency; based on the recommendations and as approved by the Head of Internal Audit.
• Ensure the proper segregation of duties is maintained within the IA team and that all necessary internal audit activities go through the appropriate “maker- checker” workflow.
• Support the Head of Internal Audit in the technical evaluation of external service providers such as internal audit co-sourcing service providers “if Any”, IA IT systems