Internal Audit Manager (325193)
Information
| Finance and Investment | |
| Management (6-10 years) | |
| Not specified |
Company
| Not specified | |
| Financial Services | |
| Mohandseen, Giza, Egypt Sheikh Zayed City, Giza, Egypt |
Description
- Effectively manage Financial Audit function of the Group to ensure that it adds value by providing an independent, cost effective and efficient internal audit review over all Financial Control Sector activities , in a manner that will accomplish Internal Audit objectives, and fulfills the purpose and responsibilities that have been approved by the Chief Internal Audit Officer.
- Develops and directs a comprehensive Risk Based Audit Planning of Financial audit assignments covering Financial internal controls, risk management process, regulatory compliance, and investigation of sensitive and fraud related financial issues.
- Develop planning for respective audit areas, and contribute to the development of the Internal Audit function’s charter, policies, methodologies, practices, manuals, and templates, to maintain a consistent and methodical approach in the execution of the Internal Audit function’s objectives, in line with the leading industry practices and FRA regulations.
- Develop the risk assessment and risk-based annual internal audit plan for respective audit areas, then work with the Chief Internal Audit Officer to consolidate the overall plan for the function, to provide clarity in timelines, coverage, and frequency of Internal Audit activities in respective audit areas across the Group.
- Implement a periodic review mechanism in respective audit areas, to monitor the progress of the internal audit plan and implementation of action plans, along with engaging with concerned stakeholders.
- Create audit engagement plans based on the risk and its impact on the Group.
- Assess and take account of the technical aspects of financial, managerial, and accounting concepts, standards, systems, and reporting processes appropriate to the Group.
- Support the Chief Internal Audit Officer and work with relevant internal stakeholders, to ensure the implementation and maintenance of corporate ethics frameworks and committees across the group.
- Prepare kick-off presentation by determining audit objectives, audit scope and audit timelines, etc. as per Group Internal Audit format.
- Guide and instruct auditors assigned to the audit, and review their work for sufficiency of scope and for accuracy, leading the audit team to optimal performance.
- Update the Chief Internal Audit Officer about the audit assignments status including briefing on high risk areas identified during the audit.
- Coordinate with process owners to receive responses on the draft report and review the action plans to finalize the report, prepare executive summary to share with Senior Management.
- Carry out special assignments requested by Chief Internal Audit Officer, and Senior Management including analysis, Fraud Investigations.
- Preparation of Audit Management dashboards, facts finding report, etc.
- Track implementation of pending action plans against Internal Audit recommendations, prepare follow-up presentations for the management, review the follow-up testing of corrective Actions.
- Support the Chief Internal Audit Officer when required, by bringing in functional expertise, to ensure effective and relevant delivery of consulting services to key stakeholders and functions across the the group, in adherence to IIA standards and best practices.
- Direct the team in the effective application of digital and analytics initiatives to audit engagements, and collaborate with the analytics team to build required dashboards and reporting mechanisms in respective audit areas.
- Support the Chief Internal Audit Officer in recommending the detailed budget and cost breakdown for respective audit areas.
- Adhere to the Sector's KPIs in monitoring budget execution on a monthly basis for cost optimization and to avoid any budget overrun.
- Outstanding interpersonal and communications skills, ability to communicate effectively with technical and non-technical audiences.
- Expert knowledge of internal auditing, internal controls, risk management, and finance and accounting practices and methods.
- Comprehensive understanding of internal control environments.
- Ability to produce high quality work products for both Audit groups and Senior Management.
Requirements
- Bachelor’s degree in accounting, finance, or related major from a reputable university
- Minimum 10 years of relevant experience.
- Strong knowledge of Internal Audit methodologies and standards
- Professional certification such as (e.g. CIA, CMA, CPA)
- Proven track of leadership skills.
- Very strong communication skills.
- Excellent command of English
| Created on | 06 Nov 2024 |
| Last updated on | 06 Nov 2024 |