Senior Manager – Operations Audit

The ideal candidate will direct and manage Internal Audit activity for BUPA Arabia Operations, including providing assurance services, consulting services and “the third line of defence” in BUPA Arabia’s governance framework to ensure adequate governance, risk management and control processes in line with international standards.

Audit Function

• Define and manage the internal audit function’s purpose, authority, responsibility and establish policies and procedures to guide all internal audit activity.
• Define the skills and resources required by the audit team and monitor the composition of the team to ensure that it has sufficient skills and resources to conduct audits on the audit plan and fulfil its remit.
• Establish standards of audit performance and, by review, determine that performance meets the standards.
• Cooperates and liaises with Bupa Group to deliver a consistent audit process and activity and to ensure that the internal audit best practice and standards are maintained.

Assurance Service

• Manage internal audit assignments by establishing and managing the audit purpose, scope, approach, schedule, procedures and staff assigned to each audit engagement for the relevant process areas.
• Supervise the work of senior auditors in reviews of business systems and activities, review and edit audit work papers and documentation (control test sheets) and evaluate the work of auditors in respect of attainment of audit objectives.
• Obtain, analyse, and appraise information as a basis for an informed, objective conclusion on the adequacy and effectiveness of the system and the efficiency of performance of the activity being reviewed. Prepare and issue the final audit report to the Audit Committee as a result of the audits.
• Counsel and guide staff to ensure that the engagements objectives are met and that adequate, practical coverage is achieved.

Consulting Service

• Provide professional consulting advice on management and operational issues relevant to Bupa’s management at all levels as and when required.
• Allocate and manage audit resources and schedules to deliver the consulting services as assigned and expected.
• Conduct formal investigation of suspected fraudulent activities within the organization and notify the CETAudit Committee of the results.

Audit Plan

• Develop a flexible audit plan using appropriate risk-based methodology, including any risks or control concerns identified by management and submit that plan to the Audit Committee for review and approval.
• Review the audit plan on an ongoing basis to ensure that it reflects any changes to the business’s risk profile.
• Regularly communicate to the Audit Committee information on the progress and results of the audit plan, as well on the sufficiency of the Internal Audit resources.

Audit Findings and recommendations

• Deliver oral or written presentations to management during and at the conclusion of the assignment and complete the clearance and escalation procedures and standards.
• Establish and manage a follow-up process covering all audit recommendations to monitor and ensure that management actions have been effectively implemented or that senior management has accepted the risk of not taking action. Reports the outcome of the follow up reviews to the relevant management team and the Audit Committee.

Governance Framework

• Update the Audit Committee and senior management on any significant risk exposures and control issues, including fraud risks, governance issues and other matters arising.
• Coordinate the scope of work with the external auditors, as appropriate, for the purpose of providing optimal audit coverage in an efficient manner.
• Maintain and manages effective working relationships with the Audit stakeholders (i.e. Risk and Compliance Committee (CET), Leaderships team, Management team, Bupa Group (UK), SAMA&CCHI, Compliance and Legal teams, CFO and FRC).

IIA compliance and due professional care

• Directs audit engagements in line with mandatory standards (IIA), ensuring they are maintained in the planning, execution and collection of information, as well as performing audit assignments with proficiency and due professional care.
• Establish a quality assurance and Improvement programme which covers all aspects of the Internal Audit function.
• Manages the internal audit’s function’s independence and objectivity and reports any impairment of activities to senior management and the Audit Committee.

Education

• University degree in accountancy, finance or any other related discipline.
• Professional certificate in accounting or auditing (CPA, CIA, CMA etc.) is must

Years of Experience

• 8 – 10 years' audit experience with a large governmental, international or commercial organization

Skills Required (Technical/Managerial)

• Internal Audit
• Risk Management
• Internal Control
• Accounting Standards
• Financial reporting standards
• Data Analytics and Data Visualization