Financial Audit Senior Associate

JOB PURPOSE

To provide insights for the review and appraisal of the soundness, adequacy, and compliance of the Public Investment Fund’s (PIF) finance-related matters to ensure delivery of best-in-class assurance activities, safeguard PIF’s interests, and drive operational effectiveness.

KEY ACCOUNTABILITIES

Specialized Accountabilities:

• Contribute to the development and implementation of a risk-based internal audit plan for PIF’s non-investment areas (over finance-related matters and PIF projects), considering the associated risks, by participating in IA planning activities.

• Collaborate on assigned engagements (non-investment areas’ control environment covering the 2nd line of defense and enabling functions) independently delivering high-quality and timely fieldwork for the allocated areas and seeking guidance from the Engagement Lead (EL) on more complex areas, as required.

• Perform integrated (engaging with Digital & Technology (D&T) and Business Operations teams as appropriate) as well as targeted audit reviews in accordance with a risk-based audit plan.

• Contribute to delivering elements of the engagement planning and reporting processes to support ELs in fulfilling their responsibilities (as delegated).

• Prepare regular updates for the EL on the progress of their allocated areas of engagement, promptly raising significant findings, proactively coordinating EL file reviews, and taking corrective actions to address issues impacting the engagement, where appropriate.

• Contribute to the observation closure validation activities within assigned timeframes.

• Collaborate on conformance with the applicable technology audit standards and requirements issued by governing bodies, policies, and procedures designed to guide the operations of the Internal Audit Division and applicable laws and regulations.

• Contribute to building relationships with Functional Audit stakeholders to enable effective knowledge sharing within the IA Division to enhance the team’s capabilities and practices.

• Perform all relevant activities in line with the Division’s policies and procedures, including the IA Manual and the Delegation of Authority, and ensure that QAIP feedback is appropriately addressed.

Common Accountabilities:

• Implement operational excellence improvement initiatives and propose improvements on systems, processes, and practices taking into account international leading practices, in order to continuously enhance the organizational effectiveness and business performance.

• Support the development of policies, systems, processes, procedures, and controls as requested or propose relevant enhancements as needed, ensuring alignment and adherence to any relevant compliance, risk, audit, cybersecurity, and regulatory requirements.

QUALIFICATIONS

Education: Bachelor’s in Accounting, Finance, Audit, Business, or any other relevant discipline.

Years of Experience: 5 years of experience in a relevant field.

Preferred Professional Certificates: Any relevant certification such as Certified Professional Accountant (CPA), IIA Internal Audit Practitioner, Certified Internal Auditor (CIA), Chartered Accountant (CA), or Certified Fraud Examiner (CFE), etc.