Head - Audit

Job Description:

Responsibilities:

- Finalize audit scope, schedule, and coordinate internal audits.

- Prepare and submit audit reports to senior management, the Audit Committee, and during board meetings.

- Track and follow up on the implementation of audit recommendations.

- Collaborate closely with business process owners to support mitigation and remediation efforts, ensuring effective resolution of identified deficiencies.

- Periodically review and share the status of open audit observations.

- Lead and actively participate in internal audit assignments.

- Conduct opening meetings with stakeholders to communicate audit scope and objectives.

- Perform detailed process walkthroughs to identify key risks and controls.

- Assess the adequacy of process designs and the effectiveness of controls in achieving business and compliance objectives.

- Facilitate audit discussions with business leaders to determine root causes and agree on sustainable action plans.

- Develop risk-based audit test plans, selecting appropriate approaches, test procedures, and sampling techniques in line with internal audit methodology and professional judgment.

- Execute audit testing and maintain detailed working papers in compliance with IIA (Institute of Internal Auditors) standards.

- Contribute to identifying the audit universe, conducting risk assessments, and developing the annual internal audit plan.

- Stay updated on emerging risks within and outside the organization that may impact internal audit priorities.

- Provide training and guidance to new and existing team members on audit practices and recent industry developments.