Financial Auditor

Company:
Our client is a leading bank that was established in 1975 and is incorporated in Bahrain as a conventional wholesale bank. Our client provides its services in the GCC countries and internationally, they offer structured financing and advisory services for corporate and institutional customers in various sectors.

They are currently looking to recruit a Financial Auditor to be based in Bahrain

Duties & Responsibilities:

Recommend to Head of Financial Audit a comprehensive audit plan in respect of each audit.
Within the guidelines of the Standard Audit Programs, develop, implement and modify procedures to ensure thorough audit coverage in the light of changing operational circumstances.
Perform and supervise of operational audits to ascertain by test, the adequacy, integrity, and reliability of financial information, appropriate transaction authorization, safeguarding of assets, and regulatory compliance. Also, to access the quality and effectiveness of controls.
Review the work of subordinates, corrects and provides guidance.
Ensure the preparation and maintenance of adequate workpapers and documents.
Prepare and maintain records necessary to substantiate time and other costs incurred in performing audits.
Ascertain the correction of exceptions and recommendations contained in prior audit reports, reports of public accountant and supervisory authorities.
Understand and conform with the Audit "Standards, Policies and Procedures" manual requirements.
Write or review audit findings, accept or reject management response for submission to the Head of Financial Audit.
Inform the Head of Financial Audit regarding problems, potential problems and other significant developments at the location.
Where required, liaises and maintains professional relationship with external auditors and regulatory examiners.

Ability to prepare effectively worded audit comments summarised in reports and to present them to management.
Ability to integrate and work effectively within the Financial Audit team besides conducting a professional manner towards auditees at all times.

Requirements

Qualifications & Experience:

University degree, professional qualifications plus relevant working experience.
Minimum of five years experience in Auditing and Banking.
Understanding of generally accepted accounting practices.
Understanding of bank operations and lines of business and the operational and accounting procedures.
Knowledge of audit standards and techniques including current pronouncements of the Institute of Internal Auditors.
Conversancy with Banking regulations and regulatory requirements of the locations for which there is responsibility.
Oral and written communications skills in English, as well as the business language of the locations (if different).

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions: