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Home Saudi Arabia Internal Audit Supervisor

Internal Audit Supervisor

Full time at Alrashed in Saudi Arabia
Posted on January 16, 2025

Job details

Job Description Responsibilities:

  1. Supervise the implementation of the annual internal audit plan, after consolidating risk assessments.
  2. Review business units’ internal processes and ensure compliance with relevant policies and procedures.
  3. Design and manage the implementation of control mechanisms to mitigate risk (operational, financial, information security, etc.).
  4. Conduct regular and ongoing internal financial, administrative, and operational audits.
  5. Supervise the preparation of audit findings including a list of risks, likelihood of risks, and their impact for both inherent and residual risk.
  6. Supervise the day-to-day operations of the Internal Auditing office to ensure that work processes are implemented as designed and comply with established policies, processes, and procedures.
  7. Maintain regular follow-up with different business units/functions to ensure maximum adherence to audit recommendations.
  8. Ensure that all function-related reports are prepared timely and accurately, meeting company and department requirements, policies, and standards.
  9. Follow all relevant departmental policies, processes, standard operating procedures, and instructions to carry out work in a controlled and consistent manner.
  10. Organize and supervise the activities and work of a team of subordinates to ensure that all work within the internal audit area is carried out efficiently and in compliance with procedures.
  11. Support designing and updating job descriptions for self and subordinates, ensuring each subordinate has an updated Job Description and has read, understood, and agreed to it.
  12. Establish standards of performance and review performance according to those standards.
  13. Review the audit work of the audit team to ensure compliance with the prescribed audit standards.
  14. Coach and train the members of the audit team.
  15. Choose and maintain an audit staff capable of accomplishing the internal audit function.
  16. Perform other related duties or assignments as directed.
  17. Perform special 'ad hoc' assignments as directed by the audit manager to investigate specific situations or incidents.
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