Manager - Internal Audit

at  Julphar

JOB SUMMARY/PURPOSE

The Manager - Internal Control & Audit monitor processes and records in line with generally accepted accounting principles, laws, industry and company standards. The results of the audits are to provide training and development to ensure greater overall compliance.
The role holder ensure that operations and business transactions follow internal and external standards. Verify the financial status, validate operating procedures of the company through a systematic program of audits and raise audit recommendations to the stakeholders. Support process owners with understanding, assessing, designing & documenting controls. Interacts with administrative and enforcement agencies; monitors systems and solves problems.
Responsible to conduct risk assessments, perform audit engagement tasks, creating a disciplined approach for Julphar by proper monitoring through annual audit processes. Must ensure right governance and compliance are controlled and met with proper accounting procedures are implemented in the company.

Key Responsibilities& Key Result areas

• Develop the Audit programs and raise audit recommendations.
• Perform preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time manner.
• Responsible to conduct risk assessments, perform audit engagement tasks, creating a disciplined approach for Julphar by proper monitoring through annual audit processes.
• Must ensure right governance and compliance are controlled and met with proper accounting procedures are implemented in the company.
• Support process owners with understanding, assessing, designing & documenting controls.
• Identify key internal controls risk areas.
• Test of the quantity financial for reasonableness and adequacy of discloses before submission to the Audit committee.
• Responsible for implementing, directing and overseeing the auditing and compliance programs.
• Handle audit assignments, review all paperwork and audit reports
• Review the reports and working papers prepared by the senior and junior auditors
• Assist to develop the yearly audit plan
• Develop Audit working papers with supporting documents, ensure proper documentation of the result of the audit assignments.
• Work with the management to resolve issues that may have been identified through audit findings
• Evaluate design and operating effectiveness of in-scope audit area, assess the effectiveness and efficiency of operations and the adequacy of internal controls
• Recommend different methods that could result in cost savings
• Follow up the implementation of audit findings as per auditee “audit implementation plan “to ensure audit matters arising are fully resolved.
• Perform audit, compliance, consultancy tasks as assigned in the Audit plan