Job Description
Job Summary:
We are a prominent food manufacturing company based in 10th of Ramadan City, seeking a detail-oriented Internal Audit Section Head to support the execution of our internal audit strategy. This role is essential in evaluating risk management, internal controls, and compliance, ensuring operational efficiency and regulatory adherence. The ideal candidate will bring experience in internal auditing, with strong skills in risk assessment, regulatory compliance, and data analysis.
Key Responsibilities
Audit Planning and Execution
- Assist in developing the annual audit plan based on risk assessment and company priorities.
- Conduct and supervise audits focused on financial, operational, and compliance processes.
- Ensure audits are completed on schedule and in line with established standards and methodologies.
Risk Assessment and Control Evaluation
- Perform risk assessments for various departments to identify and prioritize areas of high risk.
- Evaluate the effectiveness of internal controls and recommend improvements where needed.
- Support management in identifying, mitigating, and monitoring potential risks to the organization.
Compliance and Policy Adherence
- Ensure compliance with regulatory standards and internal policies, aligning with industry best practices.
- Conduct regular reviews to identify any deviations from established guidelines and recommend corrective actions.
- Stay updated on regulatory changes and assess their impact on business processes.
Audit Reporting and Documentation
- Prepare audit reports outlining findings, risk areas, and actionable recommendations for management.
- Document audit work thoroughly and accurately to support findings and enhance future audits.
- Present audit results to senior management, providing insights and recommendations for improving control systems.
Team Support and Development
- Collaborate with team members to execute audits, fostering knowledge sharing and skill development.
- Provide mentorship and guidance to junior auditors, ensuring high-quality audit processes.
- Encourage a culture of continuous improvement within the audit team.
Fraud Detection and Investigation
- Assist in identifying and investigating potential fraud cases and control weaknesses.
- Support fraud prevention initiatives and provide input on enhancing fraud detection capabilities.
Process Improvement and Advisory Support
- Identify opportunities for operational efficiency and control enhancements across departments.
- Act as a resource to other departments, offering guidance on risk management and best practices in internal controls.
- Partner with management to drive continuous improvement initiatives.
