Sr. Officer – Internal Audit

Role Purpose:

The role of the Senior Internal Auditor (“SIA”) is to execute internal audits covering all aspects of Bupa Arabia’s operations; assessing business processes, risks and evaluating internal controls to all key business weaknesses and proposing recommendations to improve business processes and controls, and contribution towards greater business efficiency will be key deliverable. The SIA is also responsible for executing internal audit assignments in accordance with the approved Annual Audit Plan. It is important to assume a potential role in handling the completion of audit assignments under the direction of the Internal Audit Manager/ Sr. manager.

Accountabilities:

Audit planning

• Carries out surveys of functions including: Background information, control questionnaire, bench-marking best practice and carrying out assessment activities in assigned areas to determine the nature of operations and adequacy of the system of control to achieve audit objectives.
• Identify the key control points of the system and risk exposures and draft the process map of the engagement and the control / risk matrix to structure the audit assignment.
• Plan the objectives, scope and procedures of the audit assignment (i.e. drafts terms of reference of the engagement).
• Determine the engagement approach including statistical sampling and the use of information technology.

Audit Execution

• Conduct the audit fieldwork and complete the control test sheet of the engagement (i.e. documents the test purpose, approach, work completed, materiality, management feedback, results and Conclusion).
• Identify and review control weaknesses and deficient conditions (via audit observations) and make the recommendations for correcting unsatisfactory conditions, improving operations and reducing cost.
• Complete audit documentation and file as required, ensuring that all records are in place, up to date and accessible to those who need to review the documentation.
• Identify and alert any red flag (fraud indicator)to the Internal Audit Manager during the conduct of the audit engagement to ensure any fraudulent issues are dealt with promptly.

Audit Reporting

• Analyse activities in terms of potential risk and impact on operations, evaluates, communicates and confirms audit findings with the responsible officers of operations audited.
• Complete draft audit reports and documents to ensure accurate records of audits carried out.
• Assist the Internal Audit Manager in completing the clearance and obtaining the management responses.

Follow-up Review

• Undertake follow up reviews of all recommendations on a monthly 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 manager.
• Maintains and updates the internal audit recommendations database.

Annual Audit Plan

• Participate in preparations for the annual risk universe and assessment.
• Track assignment completion and complete audit times sheets and schedules.

Governance Framework

• Maintain effective working relations with the management team and Audit stakeholders.

Years of Experience 

• 1-4 years audit experience with a large international or commercial organization.

Skills Required

• University degree in accountancy, finance or any other related discipline.
• Partial completion of Professional Certificate in auditing or accounting (CIA, CFE, CPA, SOCPA, etc…) is preferred.
• High proficiency in spoken and written Arabic and English.

Other Requirements

• Professional technical experience in executing Audit projects, fieldwork and producing accurate reports.
• Technical knowledge in accounting, financial reporting standards,internal and external auditing.
• A working knowledge of data analytics and data visualization techniques.
• Ability to think independently and provide constructive challenge on individual audit engagements.
• Inquiring and analytical mind.
• Strong interpersonal and communication skills.