- Ensure compliance of the internal audit function, promote engagement and teamwork, and facilitate professional work processes to achieve high performance standards.
- Manage the development and implementation of the Internal Audit plan using a risk-based approach, collaborating with middle management, line of business management, and external auditors to ensure timely and efficient audits.
- Enhance the audit process by identifying control weaknesses and providing recommendations across all units and operations, focusing on financial, operational, compliance, or information technology issues.
- Review regular reports submitted to the Audit Committee regarding the company's internal control system, significant audit recommendations, and investigations into fraudulent activities to keep management informed of updates.
- Manage and encourage the implementation of corrective actions for risk mitigation.
- Provide training programs to ensure auditors are competent and up-to-date with the latest audit trends, methodologies, and best practices.
- Ensure effective communication and collaboration with external auditors to optimize audit coverage, eliminate duplication of effort, and enhance the efficiency and effectiveness of audit activities.
- Monitor budget development and financial performance to identify areas of shortfall, providing recommendations for corrective actions to ensure actual expenditures are controlled within the agreed budget.
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.A minimum of 10 years of experience in internal auditing, risk management, or compliance.Strong knowledge of auditing standards, internal controls, and regulatory requirements.Proven ability to lead audit teams and manage multiple projects effectively.Excellent written and verbal communication skills, with the ability to present complex information clearly.Strong analytical and problem-solving skills, with the ability to assess risks and develop actionable recommendations.Relevant certifications such as CIA or CPA are preferred.