Job Description

International Skill Development Company

Free placement

Internal Auditor

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Job id: 249617

05 Nov 2018

Job Location

Jeddah, Saudi Arabia


5 to 10 years

Qualification Level

Graduate; Post Graduate; CA / CS / CFA / Other Professional Degrees

Job Function

Accounts / Tax / CS / Audit / Finance


Internal Auditing, Finance

Jobseeker Nationality

Jobseekers from any country

We are urgently looking for Internal Auditor, male candidate with Transferable Visa for our Holdings Company based in Jeddah.

Job Summary:
Developing and executing the Group of Companies audit plan and take a lead role in the day to day execution of internal audits; contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management and control. Provide value-added advice and support to business partners on the creation or modification of policies, procedures, processes, products or services to ensure an appropriate level of internal control and compliance is maintained.

Scope of Work:
-Participate in opening meetings with client to explain the scope and objectives of the audit engagement to client and provide an overview of all steps in the audit process.
-Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives.
-Identify and document inherent risks and controls within the business processes.
-Develop a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.
-Perform audit tests and prepare working papers in accordance with Internal audit standards and methodology.
-Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings.
-Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies.
-Participate in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues.
-Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the branch/department and senior management.
-Assists the department of Internal Audit in the development of the annual Internal Audit plan, and supports in the development and implementation of the evolving Internal Audits methodology.
-Contributes to the safeguarding of corporate assets and the interests of Members by ensuring that appropriate internal controls are in place and operating effectively.
-Perform consulting services for management through participation in projects designed to introduce new and/or changing processes, products or facilities. Provide value added recommendations to mitigate risks.
-Develops and maintains effective and professional working relationships with all levels of staff within the organization, including Senior Management and Audit Committee.
-Conducts investigations of suspected internal fraud
-Provide consultative support to branches and departments with regard to the adequate design and execution of risk management processes.
-Collect, co-ordinate and disseminate material for the Audit Committee meeting.
-Conduct testing to assist External auditors with the annual financial reporting audit.

Education, Skills and Experience:
-Post-graduate education in Business, Accounting or Finance
-A recognized professional designation in Accounting or Internal Auditing (CA, CMA,CGA,CIA or CISA)
-4 to 5 years experience in Audits.
-Solid understanding of risk and control concepts.
-Good understanding of accounting principles and financial statements
-Well developed technical skills in Word and Excel

For Candidates based in Saudi Arabia)

Company Profile

Nature of business is Education the one prestigious school in Kingdom of Saudi Arabia ,its a franchise school from america

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