Senior Internal Auditor

Job Purpose:

To conduct independent and objective assessments of Emarat’s financial and operational processes as a Senior Internal Auditor, ensuring compliance with internal policies, regulatory requirements, and industry standards. The Senior Internal Auditor will evaluate the effectiveness of risk management, control, and governance processes, providing strategic insights and actionable recommendations for improvement. By identifying areas of potential risk and inefficiency, the Senior Internal Auditor will play a critical role in enhancing the organization’s operational effectiveness, safeguarding its assets, and driving value creation. This position is vital in promoting a culture of accountability, transparency, and continuous improvement throughout the organization.

Core Responsibilities:

Core Responsibilities:

• Lead the planning and execution of financial, operational, IT, and strategic audits, ensuring adherence to approved methodologies and regulatory compliance.

• Manage risk assessments and evaluate internal controls to identify and mitigate potential risks across departments.

• Review fraud investigation cases, including collected evidence, conducted interviews, and prepared initial findings by the internal auditors.

• Review ad-hoc audits and special investigations performed by internal auditors, aligning activities with organizational priorities.

• Review audit reports and prepare findings along with actionable recommendations for management.

• Collaborate with departments to ensure understanding and effective implementation of audit recommendations to drive improvements.

• Monitor the implementation of audit recommendations, tracking progress and ensuring timely resolution of issues.

• Stay informed on industry trends and best practices to enhance audit methodologies and overall effectiveness.

• Evaluate materials and assist in delivering fraud awareness sessions to promote awareness across the organization.

• Develop the annual audit plan by prioritizing activities based on risk assessments and strategic needs.

• Support in the development the annual audit plan by prioritizing activities based on risk assessments and strategic needs.

Quality & Excellence Management:

• Develop and implement quality assurance processes and standards for the internal audit function to ensure compliance with professional auditing standards and best practices, thereby enhancing the overall quality and reliability of audit activities and outcomes.

• Conduct regular reviews of audit methodologies and practices to identify areas for improvement, ensuring that the internal audit process remains effective, efficient, and aligned with organizational goals while adapting to changes in the regulatory environment.

• Provide training and support to internal audit team members on quality management practices, auditing standards, and relevant regulations, fostering a culture of continuous improvement and professional development that empowers team members to excel in their roles.

• Monitor and analyze key performance indicators (KPIs) related to audit quality and effectiveness, systematically reporting findings to management and recommending targeted strategies for enhancing audit performance and addressing any identified gaps.

• Facilitate feedback sessions with stakeholders to gather insights on the audit process and outcomes, utilizing this information to refine audit practices, improve stakeholder satisfaction, and ensure that the internal audit function meets the evolving needs of the organization.

People Management Responsibilities:

• Lead the audit team during engagements, ensuring clarity of roles, timelines, and deliverables.

• Assign and oversee tasks to ensure efficient execution of audit procedures.

• Support team performance by providing on job guidance and timely feedback.

• Coordinate with stakeholders to align audit execution with expectations.

Qualifications and Experience:

Educational Qualifications and Professional Certifications required:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• Professional Certifications CIA, CPA, CISA, CA, or ACCA

Experience:

• Minimum 6 years in internal auditing, accounting, or finance.