IDB2631 - Principal Headquarters Audit - French Speaker (ICD)

Role Purpose

To conduct assessments of internal controls for adequacy, effectiveness, and efficiency, guided by professional standards and using innovative approaches. Additionally, to contribute to the annual Audit plan preparation exercise for ICD activities, and execute the field audit assignments.

Key Functional Accountabilities and Activities

Audit planning:

• Assist in drafting the annual risk-based audit plan in accordance with the Audit Charter and Manual.
• Assist in the periodic definition of the ICD Universe and risk assessment exercise
• Coordinate activities specific to assignments including developing the scope and objectives, risk assessments, workplans, controls to be tested, and execute the audit assignments.
• Prepare Audit Planning Memorandum/memos for audit assignments
• Gather all relevant policies, procedures, guidelines, standards, previous reports, and other documents relevant to performing audit planning of a specific engagement.
• Prepare Risk Control Assessment and Internal Control Questionnaire related to the specific to the audit assignment;
• Prepare the opening audit meeting in coordination with the audit client.
• Draft audit programs detailing audit procedures to be performed including sampling methodologies and plans.

Audit Execution:

• Execute audit assignments in accordance with the approved audit programs and plans.
• Assess the level of compliance by the relevant departments/ functions/ processes and activities with applicable policies, guidelines and procedures.
• Document the test results and work performed in the appropriate Audit System including all evidence and supporting documentation.
• Draft audit observations including accurate statement of fact, risk identification and implication in alignment with the Audit manual.
• Draft audit recommendations in accordance with Audit Manual to ensure that issues identified can be appropriately addressed by the Management in a cost-effective manner.
• Conduct activities related to specific assignments including examining evidence, organizing meetings and interviews with relevant stakeholders.
• Participate to any Investee Company Review as mandate by the Director of IAD.
• Participate to any special audit assignments or investigations as mandated by the Director of IAD.
• Prepare the draft audit or investigation report for review by the Unit Head.
• Keep the Unit Head and Director of IAD informed of the progress of audit assignments and any significant issues/observations arising.
• Provide information to the external auditor as directed by the IAD Director or Unit Head.

Audit Reporting:

• Draft Audit Reports based on the results of reviewed audit working papers in accordance with Audit Manual and assist in presenting draft audit reports to the Department Directors/relevant department/Division representatives.
• Review audit findings of external Auditor and reports any financial or internal control issues to the Unit Head.
• Report periodically the Audit activities to the Unit Head.
• Respond to questions from audit clients related to the implementation of audit action plan

Qualifications/ Professional Experience

• At least 6 years of experience in Internal Audit preferably within banking, working experience with one of the Big 4 audit firms is an added advantage
• Bachelor’s degree in Accounting, Finance, Management, Business Administration, or any relevant discipline is a must.
• Professional relevant certification either of CIA, CA or CPA is a must

Language Skills

Capable of communicating in two of the working languages (Arabic, English and French) of which English and French are must.