Senior Forensic Auditor
Job Id 26243 Category Legal, Compliance & Audit United Arab Emirates Company Name ADNOC HQ Abu Dhabi 02/05/2025
JOB DESCRIPTION
JOB PURPOSE:
Conduct forensic investigation of alleged or suspected frauds, violations of laws, regulations, corporate policies,
or code of conduct assigned Perform identification and collection of digital / electronic evidence in a manner
appropriate for forensic review. Assist Internal Audit in evaluating the fraud risks and recommending the
appropriate fraud risk response in line with the ADNOC Audit Procedures. Identify and evaluate potential Fraud
Schemes & Scenarios for proactive detection of red flags and potential violations.
KEY ACCOUNTABILITIES
Job Specific Accountabilities
Governance
Assist in tasks as assigned by Forensic Audit Management esp. in development of Forensic Audit objectives and plans, Organization structure, Job Descriptions of positions, identification and formalizing relationship with external sources and authorities as required to obtain necessary support during Forensic Audits, benchmarking practices in forensic capabilities with international standards and industry best practices etc. Contribute to periodic Fraud Risk Assessments for audit planning purposes and assist in the development of the Risk-based Work Plans, consistent with the inputs from the Audit Committee/CEO/Management, to determine the priorities of the Forensic Audit activities.
Investigations
Perform the assigned Forensic Audits of alleged or suspected violations of laws, regulations and corporate policies, including but not limited to theft, fraud, embezzlement, conflict of interest, collusion, kickbacks, record falsifications and unauthorized disclosure of information. Use Forensic tools, Continuous Control Auditing and Business Integrity Screening tools for proactive identification of red flags and undertaking forensic audits. Develop a detailed Forensic audit program for the assigned audits, including the objectives, potential scenarios, audit techniques and tools and submit audit program to the management for review and approval. Prepare Plans, case theory development, outcomes and computation of financial and other implications of Forensic Audits Ensure that adequate working papers and all relevant information are continuously documented and updated in the automated Audit Management System / Secure drive-in accordance with pre-defined templates and audit procedures. During Forensic Audit, identify, obtain, analyze, and appraise related systems and evidentiary data/information and identify high-risk areas and key control points of the system to be reviewed. Appraise the adequacy of the corrective actions taken by management on Forensic audit recommendations through follow-ups s and periodically review and update the status of management actions to Audit Management. Ensure that approved audit objectives have been met with adequate coverage of all relevant areas and sufficient audit evidence is obtained to support the conclusion and recommendations in accordance with professional audit standards. Coordinate with key stakeholders of Ethics and Integrity for e.g., Compliance Officer, Risk Management, Internal Audit, Legal, Human Capital, etc.at relevant stages of an investigation Plan and conduct informational and admission seeking interviews Follow-up with the Competent Authority for the implementation of actions arising from Forensic Audit reports and report the status to Forensic Management Participate in conducting special reviews and undertake administrative duties as directed by Management. Participate in Investigation Committees / Disciplinary Committees as a member / observer when nominated by the Forensic Division and represent Audit. When assigned, review log of all complaints received, investigated and decisions implemented to ensure that the records are up to date / complete and wherever required, propose suo-moto forensic investigations to Forensic Audit / Audit and Assurance Management Testify in internal committee hearings and court trials when necessary and instructed Forensic Audit /Audit and Assurance Management. Assist Forensic Audit Department Manager in fulfilling the responsibilities of a ‘Hub’ in the Hub and spoke model of managing Group Company investigations. Assist Forensic Department in providing consulting services to the Departments / Functions of the organisation on developing an effective fraud prevention and detection programs. Assist the Forensic Audit Division in fulfilling the ‘Special Tasks’ if any assigned by the Audit and Assurance Function Line Management.
Forensics
Assist Forensic Department in identification and collection of digital / electronic evidence in a manner appropriate for forensic review. Assist Forensic Department in applying cost effective and efficient Forensic Technology Solutions for electronic discovery of evidence Apply forensic accounting techniques in investigations related to illegal and fraudulent transactions in accounts and financial statements. Apply appropriate tools and techniques for reviewing and correlating structured and unstructured data. Maintain a chain of custody and properly seal, handle, and store acquired Forensics evidence Implementation of data security, chain of custody and evidence handling procedures
Fraud Scenario Reviews
Review the anti-fraud framework / Governance when assigned and provide recommendations for improvement. Under the supervision of Line Manager, independently review the adequacy of fraud risks registers and effectiveness of controls approved by Management to address fraud risks and provide recommendations for improvement. Conceptualize Fraud Schemes & Scenarios, determine likelihood & significance and carry out the review of existing fraud controls & their effectiveness for proactively identifying red flags for further review in Forensic Audits. Proactively identify potential violations from the results of review of Fraud risks and schemes. Assist in correlation and analysis of information across multiple internal and external information /databases to identify fraud scenarios for review. Identify and apply statistical models / techniques like Benford’s law, Zipf’s law, Relative Size factors etc. to identify outliers and derive meaningful patterns & fraud scenarios for review.
Documentation and Reporting
Prepare clear, comprehensive and cohesive Forensic Audit reports and memoranda in a timely manner and present the findings and recommendations of the investigation for review and approval. Prepare the Forensic audit report / memoranda with a conclusion, expressing professional opinions on the substance, accuracy and perpetrators of matter being reviewed and recommend improvement options to rectify reported deficiencies for Department Manager / VP-Group Forensic Audit’s review. Recommend practical enhancements in Fraud related governance, risks, and control processes to assist in the achievement of the company's business objectives. Provide concise and timely updates on the progress of investigations & deficiencies identified and for reporting to concerned Management Prepare presentations on outcome of Forensic Audits / investigations for presentation at the appropriate level of Management and to facilitate decision making on disciplinary actions Provide inputs for presentation on the investigation findings and recommendations to Audit Committee. Prepare working papers with supporting evidence to adequately document forensic audits / investigations performed* Assist in the preparation of Audit and Assurance Function’s monthly / quarterly / annual progress reports covering various areas including implementation status of Forensic Audit / Investigations Plan, budget performance, investigation recommendation’s
