Internal Audit Officer

Job description / Role

Objectives:
• Perform/assist in executing all phases of risk-based audits based on approved Audit plan.

Main responsibilities:
• Contribute to the delivery of Audit plan.
• Assist in planning the theory in evaluating risks, in defining the scope of the individual audit assignments, and developing and updating audit programs, test procedures and working papers, periodically.
• Perform/assist in executing all phases of risk-based audits based on approved Audit plan.
• appraise the functioning and effectiveness of the business processes and internal controls as outlined in the audit program, by using analytical techniques to obtain macro-level understanding of the audit area and by identifying and assessing business risks, testing and evaluating risk mitigation .
• Review policies and guidelines related to the audit area and ensure their adequacy and compliance.
• Monitor audit proceedings with adherence to allocated time lines.
• Provide appropriate information regarding the status of audit plans, controversial issues, business initiatives, etc., impacting the overall goals of the department under review,
• Documenting the audit findings in audit work papers and ensuring related risks, conclusions, and recommendations are reasonable and well-supported,
• Draft audit report and submit conclusions and audit findings with recommendations for improvement of the underlying business processes and internal controls, while maintaining accuracy and quality,
• Review and follow-up on audit corrective action plans and submit periodic reports to Audit Management,
• Respond to special project needs and duties designated by Audit Management,
• Understand the applicable line of business’ strategic goals and help provide Audit Management with proactive guidance and assistance on the internal control environment,

Handle Cyber Security by:
• Performing continual monitoring of the Cyber Security processes;
• Performing substantive test work reviewing compliance with SOLC’s Cyber Security policies and standards;
• Performing regular reviews to determine that Cyber Security policies and procedures are implemented into the production environments and that deviations from the policies are accurately documented and approved.
• Performing review of Cyber Security monitoring processes to determine that violations are identified, reported to management, and escalation procedures are in place;
• Reviewing the Cyber Security administration process to determine that controls exist over the creation, modification, and deletion of new user accounts.
• Reviewing the business continuity plans and the physical protection design to determine that controls are in place to protect information assets from system outages.
• Responsible for monitoring fraud in the work and shall report any suspicious cases of fraud immediately by using the suspicion form attached in the Circular send by the Compliance Department on 10-Apr-2018.
• Reporting to: Head of Audit
• Number required: 1
• Duration: 1 Year - Renewal contract
• Probation: 90 days
• Working Hours: Sun - Thursday : 8:30 Hours per day
• Gross monthly base salary: 9000-12000
• Other Benefits: Ramadan Salary

Requirements

University Qualifications:
• Bachelor Degree Finance / Account
• Nature and length of previous experience: 2-3 Years in Audit

Specialist knowledge:
• Strong proficiency in MS office applications
• Exposure to credit and finance

Soft Skills and Personality traits:
• Values & Ethics
• Continuous Learning
• Communication
• Team Work
• Analytical Thinking
• Gender Preference: Male
• Nationality Preference: Saudi
• Language Fluency: English , Arabic
• Current Location: Riyadh , Saudi Arabia

About the Company

YANAL is a Leading Finance Company in the Kingdom of Saudi Arabia.

We offer one of the best and most-competitive financial services with our superior market knowledge and unmatched financial services expertise. Moreover, YANAL is backed by some of the most reputable local and international partners.