Manager - Internal Audit

Role Purpose:

The role of the Internal Audit Manager is to plan, supervise, execute and oversee various audit activities being carried out by assigned Senior Auditors (In- Charge)/ Internal Audit Managers. The Internal Audit Manager identifies and evaluates risks associated with the Bupa Arabia’s processes and prepares audit plans, including audit programs and budgets. Also, the Internal Audit Manager performs detailed reviews of the working papers, monitor and supervise the internal audit report. The Internal Audit Manager oversees that duties are performed efficiently and professionally and in accordance with the Internal Audit Manual and the IIA Standards. He also performs ad hoc duties as and when requested by the HOIA.

Key Accountabilities:

1- Audit planning;

• Participate in kick-off 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.

2- Audit Execution;

• 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 professional IIA standards and Bupa Arabia - IA 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
• Organize and reference work papers for review as prepared by Senior Internal Auditors.
• Participate in closing meetings (SOF) with client at the end of fieldwork, providing clear explanations for identified issues.

3- Audit Reporting;

• 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.
• Assist the Internal Audit Sr. Manager in completing the clearance procedures and the review of HOIA.

4- Follow-up Review;

• Undertake follow up reviews of all recommendations on a quarterly basis and seek verification and evidence from the business to assess if audit recommendations have been properly implemented and sustained.
• Carry out follow up reviews with the relevant management teams and reports the outcomes to the Internal Audit Sr. Manager.
• Maintains and updates the internal audit recommendations database.

5- Annual Audit Plan;

• Preparation of the risk-based audit plans/programmers.
• Audit plan workshops with the HOIA for proper alignment and tuning.
• Track assignment completion and complete audit times sheets and schedules.

6- Governance Framework;

• Maintain effective working relations with the management team and Audit stakeholders.
• Plays the role of Deputy to the HOIA

• Audit experience with a large governmental, international or commercial organization
• University degree in accountancy, finance, operation or any other related discipline.
• Professional Certificate in accounting or auditing (CPA/ CMA, CIA, CFE etc…) is required.
• High proficiency in spoken and written Arabic and English.
• Technical knowledge in accounting, financial reporting standards, internal and external auditing.
• Participation/ drafting the Internal Risk Based Annual
• Basic/ Advanced – Fraud risks and Data analytics

Accounting, Finance, Operation or any other related discipline