You would provide strategic direction and establish risk-based auditing and reporting methodologies, provide leadership in the areas of internal auditing throughout the organization which is consistent and aligned with the business objectives.
Manages and work closely with external professional auditing service consultants and acts as a company liaison for the holding and the subsidiaries. Identify and deal with fraud cases as per the guidelines and regulations. Ensures that due diligence process is being properly done for all new/existing projects. Assist the Chairman of the Audit Committee in developing and maintaining annual risk assessment, annual audit plan and updates to the Senior Management and Audit Committee. Ensure that they conduct internal audit assignments under the International Auditing Standards and Professional Code of Ethics (Big 4 benchmark), and conduct a detailed review of findings and issues & make sure they are properly documented, communicated and agreed upon with the auditees. Construct and ensure that audit reports are prepared in a timely manner and that audit issues are placed in an appropriate context with recommendations presented in a persuasive manner for proper implementation. Develop comprehensive, practical audit programs of audit coverage for the assigned location /unit.
Plans, directs, supervises and where appropriate conduct operational, financial and ad hoc audits of the Company’s operations and accounts throughout the Company’s administration.
Reviews all internal control procedures and revisions thereto, recommends revision where appropriate and reports non-compliance therewith. Establishes and monitors the accomplishment of objectives directed toward increasing the internal auditing ability to serve higher management