Internal Audit Manager

Job Description

Job Mission:Internal Audit Manager is responsible for achieving a high degree of internal control and control in a manner that leads to ensuring that all the companys financial and human resources are optimally utilized and in accordance with the approved systems, rules and controls, as well as the companys policies and procedures and the laws applied in the Kingdom.Key Roles & Responsibilities:

• Prepare and develop the objectives of the internal audit department that ensure the achievement of the company?s strategy.
• Prepare and develop the annual review plan in coordination with the CEO and ensuring that it covers all aspects of work at Yanbu Cement Company and that it is in line with the laws in force locally and submits it to the CEO for discussion and approval, and then submits it to the Internal Audit Committee.
• apply the international auditing standards when carrying out examination, review and reporting work.
• Prepare the annual budget for the internal audit department within the approved budget of the company and maintaining all costs and expenditures within the set budget.
• Prepare and working on reviewing and proposing development of policies and procedures in the department in a way that serves the interest of the company.
• Ensure the proper functioning of the department and that the tasks and responsibilities are exercised on the basis of the authority schedule.
• Determine the scope of the internal audit work in terms of business risks, departmental work cycles, the quality of the internal audit work ... etc.
• Manage the internal audit operations and supervise the implementation of the activities of the internal auditors on the operations of the various departments aimed at ensuring that all employees follow the systems and policies approved by the higher management.
• Supervise the issuance of periodic reports related to the results of the internal audit and the recommendations related to them and the achievement of the internal audit plan, submitting them to the CEO for discussion, and then submitting them to the Board Audit Committee.
• Provide recommendations to develop internal audit work programs to conduct audits on financial and operational aspects, information systems and work procedures.
• Check the operations within the company periodically to evaluate the effectiveness of the internal administrative and accounting control systems, and to assist in ensuring that these systems conform to the approved standards and policies.
• Provide suggestions and advice to improve the level of operations in terms of efficiency and effectiveness of performance.
• Carry out investigations and special audit and review tasks that are requested and assigned by the CEO or the audit committee.
• Coordinate with all departments of the company, each in its own jurisdiction, with regard to the reports, outputs, and observations of the internal audit department, and discussing them with them in order to achieve the strategic objectives of the company and avoid high-impact risks.
• Maintain levels and standards of best practices for internal auditing and professional ethics approved by the internal auditors.
• Submit the annual internal audit reports and their results to the General Manager.
• Follow up the performance of direct subordinates and manage the performance of the department in cooperation with them.
• Any other tasks assigned to him that do not conflict with the nature of his job.

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