Internal Audit Supervisor

1 week ago


الخبر, Saudi Arabia Bayt AlTawazun Holding Co. Full time

Bayt AlTawazun Holding Co.- Job Detail**Industry**
- Construction / Cement / Metals**Functional Area**:

- Accounts, Finance & Financial Services**Total Position**:

- 1**Job Type**:

- Full Time/Permanent**Department**:

- Al-Rashed Head Office**Job Location**:

- Khobar, Saudi Arabia**Career Level**:

- Experienced Professional**Education**:

- Bachelors**Minimum Experience**:

- 7 Years**Work Permit**:

- Saudi Arabia- Jan 13, 2025**Posted On**:

- Oct 13, 2024- Job Description- Supervise the implementation of annual internal audit plan, after consolidating risk assessments.
- Review business units’ internal processes and ensure compliance with relevant policies and procedures.
- Design and manage the implementation design of control mechanisms to mitigate risk (operational, financial, information security etc.)
- Conduct regular and ongoing internal financial, administrative, and operational audits.
- Supervise the preparation of audit findings including list of risks, likelihood of risks and their impact for both inherent and residual risk.
- Supervise the day-to-day operations of Internal Auditing office to ensure that work processes are implemented as designed and comply with established policies, processes and procedures.
- Maintain regular follow up with the different business units / functions to have maximum adherence to the audit recommendations.
- Ensure that all function related reports are prepared timely and accurately and meet company and department requirements, policies, and standards.
- Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner
- Organise and supervise the activities and work of a team of subordinates to ensure that all work within the internal audit area is carried out in an efficient and procedurally compliant manner.
- Support designing and updating job descriptions for self and subordinate and ensuring each subordinate has an updated Job Description. And read, understood, and agreed to their Job Description.
- Establish standards of performance and reviews performance according to those standards.
- Review of audit work of the audit team to ensure they comply with the audit standard prescribed.
- Coach and train the members of the audit team
- Choose and maintain an audit staff capable of accomplishing the internal audit function.
- Perform other related duties or assignments as directed.
- Perform special ‘ad hoc’ assignments as directed by the audit manager to investigate specific situations or incidents.


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