To conduct & manage audits of the core processes for the company and its subsidiaries.
Drafting the internal audit plan for the business.
Ensuring that relevant risks identified by management are incorporated into the internal audit plan, internal audit execution and working papers.
Execution of internal audits within allocated time frame and successful completion of the Baniyas Internal Audit Plan
Responsible for planning, scheduling and monitoring of all internal audits within the company.
Work with management to identify major business risks and incorporate the results into the internal audit plan.
Finalise flowcharts, risk & control matrices, audit programs and internal audit reports.
Identify, develop, and document audit issues and recommendations for improvement using independent judgment concerning areas being reviewed.
Oversee the audits of technical areas (projects, IT, Investments & Consulting) within the company.
To accomplish audit work in accordance with acceptable internal audit standards and budgets.
Report progress of the internal audit plan and corrective measures to Board and BAC. .
Supervise general audit staff on assignments or non Group Internal Audit staff where required.
Manages the professional development of team members.
Follow up of audit findings.
Leverage and develop current engagement methodologies
Maintaining effective working relationships with staff in the business including the Baniyas CEO.
Ensure compliance with the requirements of the Internal Audit Charter.
Conduct any other related work assigned by the Board or BAC.
8 years of internal audit or related (external audit or internal controls) experience; 10 years for Senior Manager.
Experience auditing Real Estate companies
Solid understanding of key risk and controls within core audit areas (e.g. sales, purchasing, inventories, product costing, payroll, AP, AP, cash & bank and HR)
Strong working knowledge of internal controls and preferably the COSO Internal Control framework
Skill in conducting quality control reviews of audit work products.
Skill in collecting and analysing complex data, evaluating information and systems, and drawing logical conclusions.
Extensive skill in planning and managing audits and in maintaining composure under pressure while meeting multiple deadlines.
Experience in assessing risk and planning internal audits.
Ability to draft reports and to participate in presentations.
Proficient in MS Office applications.
Understanding of IIA Standards.
Working knowledge of control self-assessments and risk facilitation of risk assessments (Preferred)
Experience in developing policies and procedures or conducting consulting assignments (Preferred)