Lead Internal Auditor

Job Summary

Reporting to the Senior Manager of Internal Audit, the Lead Internal Auditor will be responsible for conducting governance, risk management, and controls assurance reviews for Alghanim Industries’ Business Units and other assignments as directed by Internal Audit Management. This role involves following guidelines from Internal Audit Management and adhering to the Group Internal Audit Department’s control framework for planning and executing engagements, which includes preparing working papers, documenting findings, and analyzing information from relevant Finance and Operations Units, as well as reviewing previous Internal Audit and Investigation reports. Under the guidance of the Senior Manager of Internal Audit, the Lead Internal Auditor will also conduct statutory compliance audits and fraud investigations as needed. This position requires the incumbent to consistently represent the department professionally, follow professional standards and the code of ethics set by the Institute of Internal Auditors (IIA), and align with the department’s vision, objectives, operating procedures, and Alghanim Industries’ code of conduct.

Job Responsibilities:

• Design and independently execute audit test plans in consultation with Internal Audit Management.
• Conduct engagements, including statutory compliance audits, with minimal supervision.
• Prepare working papers in line with departmental procedures and industry best practices.
• Write clear and concise audit, statutory compliance, and investigation reports to convey findings.
• Carry out special audits, including fraud investigations.
• Support company-wide risk assessment activities to help develop the annual audit plan.

Skills and Qualifications:

• Bachelor’s degree in Accounting, Finance, Psychology, Sociology, or Criminology.
• Certified Internal Auditor (CIA) designation required.
• At least 5 years of experience in internal audit.
• Experience in the retail industry is preferred.
• Line responsibility or project management experience is an added advantage.
• Knowledge of the local language is preferred.

Technical Knowledge:

• Proficient in recognized standards, including the International Professional Practices Framework (IPPF), International Financial Reporting Standards (IFRS), etc.
• Understanding of relevant accounting standards.
• Expertise in internal control theory and practice.
• Familiarity with risk assessment methodologies and mitigation techniques.
• Knowledge of COBIT, COSO, and other computer audit methodologies.