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Job Purpose
This Position exists to oversee and execute internal audit activities related to supply chain operations for manufacturing and construction projects including review process governance, assess internal controls and systems, risk management and compliance with standards, policies and procedures, additionally, supply chain audit will evaluate operational plans & developments initiatives to achieve the companies’ objectives.
Key Accountability Areas
Governance:
- Perform advisory service by review for available and new designed policies, procedure and systems for supply chain and provide recommendations to improve.
- Enforce compliance with internal policies, industry regulations, and legal requirements within the supply chain operations.
- Monitor adherence to governance frameworks and standards to safeguard the company's reputation and integrity.
- Review governance design for supply chain including delegation of authorities, reporting, compliance to regulations.
- Support in develop, implement of audit manual in accordance with local and international best practice.
Risk Management:
- Identify and assess risks inherent in the supply chain processes and operations and provide management about key and major supply risks.
- Review the development and implementation of robust internal controls to mitigate risks and prevent fraudulent activities and evaluate the effectiveness of controls and recommend enhancements to strengthen practices.
- Provide supply chain risk coaching whenever required to supply chain department and functions Managers and provide support to supply chain in implementation of mitigation plans.
Internal Control:
- Identify and assess business strategy in maximizing the value chain
- Review operation strategies in utilizing resources.
- Review process optimization, KPIs and enhance operational efficiency.
- Review Vendor and contract management.
- Prepare Supply chain analysis & ratio and investigate material variances.
Audit:
General responsibilities include conduct and oversee audits covering various supply chain functions, including but not limited to:
- Procurement and sourcing
- Inventory management
- Logistics and transportation
- Supplier relationship management
- Warehousing and distribution
- Demand planning and forecasting
- Contract management
Planning:
- Develop comprehensive audit plans for supply chain functions based on risk assessment.
- Perform advanced data analysis for supply chain activities that support agility and prioritizing of audits.
- Conduct process understanding, internal control design and effectiveness including business applications.
- Plan audit engagement including audit planning memorandum, programs and agenda.
- Consider ad-hoc and advisory service during and after planning process.
Assignments:
- Perform audit assignment through risk-based audit approach.
- Perform primarily analysis and determine unsatisfactory performance areas.
- Ensure audit activities carried out in efficient manner that consistent with audit procedures and policy.
- Mange fieldwork cycles from planning, execution discussion with process owners to reporting.
- Perform overall review on the audit file and ensure proper documentation.
Reporting:
- Develop audit report, discuss with stakeholders and agree on action plan.
- Report to Audit Management and Committee and perform follow up activities to ensure continuous update on action implementation progress.
Ad-Hoc:
- Conduct ad hoc reviews for identified or reported risks.
Role Accountability
HR Proficiency:
- Ability to recruit, recognize and cultivate high performers and expose them in order to create a robust second line of management.
- Ability to recognize low performers and guide them to improve or release them.
- Ability to treat subordinates equally without any discrimination.
- Assessment criteria of subordinates is performance that leads to planned results.
- Ensure availability of delegation of authority matrix to have sufficient delegations as per company policy.
Responsibility:
- Must take full responsibility for his operation as per the job description and the required deliverables from this position, taking into consideration the general company guidelines.
- Able to anticipate problems and make the necessary proactive steps to prevent them
- Ability to take necessary and proper timely decisions.
Delivery:
- Deliver the required results in timely manner with required quality and cost.
- Making a Tangible Difference:
- Must make a tangible difference to his area of operation. and exceed business expectations.
Business Planning and Performance:
- Able to transform the corporate goals into business plans.
- Able to Plan, follow-up and execute those plans, whether they are annual or development plans.
- Monitor the plan performance and initiate action to strengthen results and take the corrective action accordingly.
- Provide periodic work progress reports.
- Responsible for monitoring and controlling budgets and expenses to achieve the optimum cost efficiency.
Organizational Development:
- Develop the organizational structure according to the current requirements taking into consideration future and development plans.
- Ensure availability of job descriptions for all job roles and deployment.
Business Process Improvements:
- Develop, coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
- Should be conversant and able to navigate through IT solutions especially those relevant to his job and business.
- Promote the automated systems and using them fully, to spread its culture.
Quality:
- Quality is considered as alfanar’s prime competitive advantage as such, managers are expected to act accordingly.
Adaptation:
- Adapt to new and alternative techniques, technologies, management structures, and business models.
Health, Safety and Environment:
- Ensure a safe, secure, and legal work environment as per the standard regulations.
Academic Qualification
Bachelor Degree in Accounting and Finance or Any relevant field
Work Experience
6 to 10 Years
Technical / Functional Competencies
Audit Best Practices
Audit Planning
Audit Reporting
Auditing Procedures/Standards
Compliance Audits
Internal Audit Controls
Post Audit Reviews
