| Manager – Internal Audit | |
| Premier Recruitment Consulting Firm in Bahrain Bahrain Ref: HP451-32 |
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The RoleThe RoleFOR BAHRAINIS ONLY! Reporting to the Audit Committee, the job holder is responsible for the following: Strategy & Planning: • Plan the appropriate audit approach for performing the assigned tasks within audit function • Determine risk management, control, and governance processes in line with the objectives of the management • Define opportunities for improving management control, profitability and standards of operation • Develop a flexible annual audit plan using an appropriate risk-based methodology, including any risks or control. Operational • Conduct annual assessment on the adequacy and effectiveness of company's processes • Report significant issues related to the processes for controlling the activities of the company, including potential improvements to those processes and providing information concerning such issues • Prepare periodical provision of information on the status and results of the annual audit plan and the sufficiency of department resources. • Coordinate and provide oversight of other control and monitoring functions related to risk management, compliance, security, legal, ethics, environmental and external audit. • Manage interaction with various governance groups when needed. • Ensure that any financial, managerial and operating information for the Board is accurate, reliable and timely • Ensure that the employee actions are in compliance with policies, standards, procedures and applicable laws and regulations • Ensure that quality and continuous improvement are fostered in the company's control process • Ensure that all legislative or regulatory issues impacting the company are recognized and addresses appropriately • Submit the audit plan to the Audit Committee for review and approval as well as periodic updates. • Implement the annual audit plan, as approved, including, as appropriate, any special tasks or projects requested by management and the Audit Committee. • Maintain a professional audit staff with sufficient knowledge, skills, and experience and professional certifications to meet the requirements of this job • Evaluate and assess significant functions, changing services, processes, operations and control process coincident with their development, implementation and/or expansion. • Provide a list of significant measurement goals and results to the Audit Committee • Assist in the investigation of significant suspected fraudulent activities within the company and notify management and the Audit Committee of the results. • Consider the scope of work of the external auditors and regulators as appropriate for the purpose of providing optimal audit coverage to the company at a reasonable overall cost. • Receive and review the Audit Committee, board agenda with the minutes of their meetings for the purpose of ensuring that proper approvals have been sought for major decisions and acquisitions and that management comply with any new resolutions as stated. • Receive the minutes of the Management meetings for the purpose of being updated on strategic decisions made and to ensure compliance by management on new policies and procedures. • Participate in due diligence for the company's joint ventures or corporate partners, if any. General & Administrative • Report on management's compliance on meeting their department's objectives, in order to ensure that all senior management be responsible and accountable for audit report implementation. • Issue periodic reports to the Audit Committee and management summarizing results of audit activities. • Keep the Audit Committee informed of emerging trends and successful practices in internal auditing. • Allocate resources, set frequencies, select subjects, determine scopes of work and apply the techniques required to accomplish audit objectives |
RequirementsRequirementsQualifications & Experience • The candidate shall have a University/Master Degree with a certificate in CIA (Certified Internal Auditor) and CISA (Certified Information Systems Auditor). • 10 -- 15 years experience in internal Auditing and External Auditing. Must have independently handled the Internal Auditing function for more than 5 years as a Head. |
About the CompanyAbout the CompanyPremier recruitment consulting firm in Bahrain. |
This Position is closed or expired
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