Job Objective
Overall responsibility for managing the entire Internal Audit Function. Ensure efficiency in operations by implementing set guidelines with modifications as required. This includes preparing audit schedules, draft audit programs for each audit review, monitoring the implementation and effectiveness of systems and internal controls, and recommend improvements in internal control as well as audit procedures. Ensure adherence to all quality standards as defined by Qatar Cool.
Responsiilities
•Use process knowledge to identify opportunities to improve existing operations.
•Leverage understanding of the company to ensure smooth functioning.
•Understand overall organization goals and their linkage to functional/ departmental goals.
•Key point of contact for BOD for regular updates on Internal Control System.
•Plan and prepare regular audit schedule to ensure adequate audit coverage of Departments,
•Evaluate earlier audits and draft audit programs for each audit review to achieve process improvements.
•Liaise with the concerned Departmental Head/representatives to inform on audit related requirements and ensure preparation for smooth completion of audit process.
•Monitor and conduct audits, identify improvement areas, assess their implications and make adequate recommendations and possible course of actions (in the form of finalized audit report) to the CEO and BOD.
•Validate audit report and assist development of Department wise action plans within agreed timeframe.
•Follow up on action plans against milestones; this includes investigation of progress, identify reasons for non- compliance/completion.
•Conduct audits as requested by the CEO and BOD based on criticality of issue to be addressed; investigate the concerned issue and prepare audit report for review by concerned authorities.
•Carry out special assignments / development projects as assigned by the CEO and BOD; this includes advice on financial and control matters and preparation of QC audit manuals.
•Monitor the implementation / efficiency and effectiveness of systems and internal controls with a focus on fraud prevention or other misappropriation of company’s assets; this includes identifying key control points of the system, evaluating possible exposures to loss of revenue and analyzing the evidentiary data to assess systems effectiveness.
•Evaluate options and assess feasibility of option to execute process improvements; this includes measuring cost effectiveness, suitable alternatives, implementation time, etc.
•Create, update and monitor the Internal Audit manual and ensure through understanding of all the stakeholders.
•Implement processes and policies to ensure operational efficiencies.
•Ensure adherence to various safety, security, statutory and health regulations.
•Coordinate with concerned entities to prepare for regular and surprise audits
•Manage the execution of processes to ensure compliance to stringent audit / regulatory requirements.
•Work independently as guided by general guidelines and corporate objectives/ policies. Work periodically subject to review by the CEO and BOD
Job Details
| Date Posted: |
2012-10-25 |
| Job Location: |
Doha, Qatar |
| Job Role: |
Accounting/Banking/Finance |
| Company Industry: |
Utilities |
| Joining Date: |
2013-01-01 |
Preferred Candidate
| Career Level: |
Management |
| Degree: |
Master's degree |
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