Job Description
This role is responsible for conducting risk assessments, able to identify risk universe, identify strategic, operational, financial, and compliance risks and rate them according to their likelihood and magnitude for more complex and critical process and sub process. He will also have knowledge to design audit plans/ execute other procedures to identify control weaknesses.
Job Duties:
- Able to conduct risk assessment across the organization.
- Able to determine the risk universe (auditable units) and set up the risk register.
- Take responsibility for executing the overall audit plan identifying and testing controls and developing specific recommendations to improve processes.
- Able to work within a team and Review team members’ work for accuracy and compliance.
- Effectively communicate audit results to his line manager.
- Proactively follow-up, track and close out all identified audit findings within the time table of the audit.
- Perform financial and operational audits focusing on operational process reviews, financial audit projects, and evaluation of internal controls.
- Perform full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
- Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts, etc.
- Prepare and present reports that reflect audit’s results and document process.
- Act as an objective source of independent advice to ensure validity, legality and goal achievement.
- Identify loopholes and recommend risk aversion measures and cost savings.
- Maintain open communication with management and audit committee.
- Document process and prepare audit findings memorandum.
- Conduct follow up audits to monitor management’s interventions.
- Engage to continuous knowledge development regarding department’s rules, regulations, best practices, tools, techniques and performance standards.
