Internal Audit Manager

Job description / Role

The Manager, Internal Audit is responsible for planning, executing and reporting on operational, financial, regulatory and compliance related audits/reviews . A secondary role is to provide advice on internal control.

Responsibilities:
- Plans financial, regulatory, compliance or operational reviews/audits.
- Coordinates work with Risk, Legal & Compliance and other control-related activities and with others within Internal Audit.
- Conducts risk assessments and identifies controls in place to mitigate identified risks.
- Performs audit procedures to verify that controls are operating through testing and interviewing techniques.
- Analyses and concludes on effectiveness and efficiency of control environment.
- Identifies control gaps and opportunities for improvement.
- Documents the results of audit work in accordance with audit department.
- Prepares timely audit reports for executive management, the Audit Committee and the Board of Directors.
- Contributes, as appropriate, in the year-end financial audit with the external auditor.
- Provides advice on internal control and participates in enhancing internal audit standards and practices.
- Researches new or technical subjects when required to support audits.
- Provide feedback on performance of Internal Auditors, on audit assignments, as applicable.

Requirements

- Excellent knowledge of financial business operations and risk-based auditing attained through 3 to 5 years of progressive work experience with a focus on financial risk and regulatory requirements.
- Ability to manage projects and, when required, supervise auditors to follow sound internal control practices and to manage risks appropriately.
- Be adaptable and able to meet deadlines on assignments, juggle multiple demands and to work with all types of individuals up to and including the CEO.
- Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.
- Excellent written and oral communication skills
- Excellent time management and organizational skills
- Detail oriented but able to quickly grasp the big picture

Qualifications:
- A post-secondary degree preferably in business or finance
- Certified Internal Auditor (CIA) designation is preferred.
- Proficiency in MS Office (Word, Excel, PowerPoint), Outlook, and Visio, Preferable to have experience with Pentana and IDEA software.

About the Company

The company originated during the Ottoman Empire in 1910 by the trading business of Haj Mahmood Jassim Al Bunnia. Haj Mahmood Al Bunnia first started by bartering goods and quickly, became the exporter of seeds, dates, beans, fruits, wool, and other commodities to the Middle East in addition to being an importer. In the 1950s to meet market conditions and with the formation of the H. Mahmood J. Al Bunnia & Sons Company (HMBS), the operations expanded into the manufacturing of food stuffs and expanded trade to International markets. In the following decades as the socioeconomic environment became more dynamic, HMBS responded by vertically expanding its business lines to maintain independence to best serve its customers. Whenever HMBS faced a challenge or roadblock, the company looked within to overcome and succeed. This often required establishing new companies and competencies such as transportation, engineering, construction and other disciplines which quickly developed into significant enterprises within the HMBS portfolio. This intense goal-oriented focus remains a central part of the companys fabric and serves as the main engine for HMBS vertical and horizontal integration. In the almost 100 years since the company was founded, HMBS has remained a family business that has gained, held, and strengthened market leadership positions through the familys strategy of managing its business with a long-term, regional perspective.