Internal Audit Assistant Manager

EgyBell is hiring an Internal Audit Assistant Manager for a leading lubricants and automotive services company.

Job Summary:

The Internal Audit Assistant Manager is responsible for professional and administrative work assisting the Head of Internal Audit. Under the general direction of the Head of Internal Audit, the position provides guidance, supervision, and assistance to audit staff involved in performing professional-level audit work. The position ensures that audits address areas of concern relative to the goals, performance objectives, and impact of a variety of economic, financial, and managerial programs in conformance with the company's policies and procedures or sound business practices where no policies exist. Work is reviewed for attainment of objectives through meetings and reports.

Responsibilities:

• Assists the Head of Internal Audit in the development of the annual internal audit strategy.

• Assists in the development of the annual internal audit department budget and monitors performance against budget.

• Plans and allocates resources and staff in accordance with their skills and schedules.

• Conducts risk assessments to assess the risk profile, highlights key risk and identifies controls in place to mitigate identified risks.

• Prepares an annual risk-based internal audit plan which fulfills the responsibility of the Department.

• Manages performance of audit assignments, reviews work papers and audit reports; reviews and edits reports prepared by other auditors.

• Schedules and plans audits; initiates project planning, assesses risks and develops audit direction.

• Performs audit work, including plan preparation, working papers, findings, and associated reports.

• Plans, performs and documents work on a timely basis as per the IIA standards and the instructions from the Head of Internal Audit.

• Applies data analytic techniques in internal audits.

• Ensures successful completion of assigned internal audit engagements as per the agreed audit plan and timeline.
• Assesses and tests compliance with policies, plans, standards, laws, and regulations.

• Develops and implements quality assurance programs to ensure performance of all aspects of the audit at a high level of efficiency and effectiveness.

• Performs periodic follow-up on all audit recommendations that have been agreed upon by the management and report accordingly.

• Prepares, reviews and presents audits / reviews reports to Head of Internal Audit.

• Participates in fraud investigations cases, if any, that are identified and report findings to the Head of Internal Audit.
• Identifies and analyzes causes of uneconomic and inefficient practices in assigned areas of responsibility. Identifies and assesses alternatives, which might yield desired results.

• Prepares the quarterly and year-end internal audit reports.

• Prepares Audit Committee's pre-read material related to internal audit.

• Leads the annual Internal Audit's Quality Assurance Self-Assessment process.

• Supervises and assesses the performance of other internal auditors and develops the appropriate development plan for them.

• Conducts other duties as directed by the Head of Internal Audit.

Mental Demand

• The most important part of the job is to ensure the audit plan has been fully carried out as well as conducting a timely follow-up audit.

• The most Difficult/Complex Part of Job is to identify material weaknesses in the system and suggest appropriate controls to fill these gaps.

• The creativity required in the job is essential in making appropriate recommendations & suggesting adequate controls will add value.

Qualifications:

• Bachelor's degree in accounting, or a related field.
• Certified Internal Auditor (CIA) and other relevant professional certification (e.g. CPA, ACCA, CA, SOCPA, CMA) is required.
• Minimum 3–5 years of experience in Internal Audit or related fields, with previous experience in companies within the manufacturing, trading, or distribution sectors required.
• Fully developed English written and verbal communication skills. (B2)
• Ability to travel frequently to KSA and UAE for business purposes.
• Previous experience working remotely with teams across KSA and UAE.