In this role, you will manage day-to-day internal audit engagements, monitor STA’s internal controls and business practices. Provide relevant input to team members and senior department managers. Participate in all phases of auditing (i.e. planning, execution, reporting and closure)
You will be responsible for
Assisting in ensuring conformance with the internal audit standards, plans, budgets, and schedules, as well as, assisting the company in accomplishing its strategic and operational objectives
Understanding critical business processes, key performance measures and performance objectives
Displaying good understanding of IT infrastructure, technology practices and IT risks, as appropriate
Participating effectively in assigned audits, reviewing assignments to carry out more complex internal audit tasks and testing, as appropriate
Planning and executing audits in accordance with internal audit standards
Identifying and sourcing significant risks and evaluating relative priority of key risks identified
Carrying out detailed root cause and other analysis, as appropriate, to identify opportunities for improvement, effective mapping of operational and business risks
Arranging with the operational management of areas of review for the performance of the audits
Effectively, applying STA’s internal auditing policy and procedures and provide professional expert and independent opinions to auditees and the senior management of the company, as appropriate
Developing detailed internal audit plans for the components selected for reviews and preparing engagement letters announcing the planned audits
Reviewing audit work papers developed by the auditor in charge and carry out general review of other working papers and wrapping up audit files for the review of VP and Chief Internal Audit Officer
Planning each internal audit project prior to its start and ensuring that audits are initiated as scheduled in Internal Audit Plan
Carrying out audits, with minimum supervision, be responsible for leading simultaneously multiple teams of auditors and deliver end-to-end results on various internal audit assignments in accordance with the Internal Audit Plan
Meeting with auditee and selected members of the unit/ department and conducting surveys or interviews, as appropriate in the course of performing audits
Following up corrective action plans taken by operational management in response to the audit reports findings and recommendations
Ensuring that audit reports, relevant supporting documents, working papers are prepared in accordance with the STA’s internal methodology and generally accepted auditing standards
Participating in fraud investigations, if required or requested
Coordinating audit efforts with the External Auditors, as appropriate
Monitoring internal compliance and control systems and assessing adequacy of risk management processes and internal controls
Building constructive relationships with operating management and ensuring a partnering relationship with the respective functions/ departments
Proactively providing inputs in the development of STA’s audit plan and improvements in methods enhancements
Maintaining and monitoring detailed time sheet of team members and the time spent on individual audit engagements and other relevant activities on a weekly basis
Assisting in non-audit assignments/ tasks, as requested, and providing deliverables within the agreed timeline and with highest level of quality standards
Providing effective leadership and constructive feedback, where relevant to team members based on objective assessments and reviews
Proactively assisting in enhancing Internal Audit’s governance, infrastructure and processes, as appropriate
Actively contributing/ assisting in in enhancing the reputation of internal audit, its infrastructure, methodologies, and processes
Contributing to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement
Actively promoting within the organization, the proper implementation and adherence to policies, procedures, processes, and instructions
Providing support to the department in enhancing awareness within the organization, on new trends in business and technology, emerging risks, new compliance requirements and legislative trends, and other audit related issues
You will need
Bachelor’s degree in accounting, financial field or in any other related field
At least 6 years of experience in any related area
