Internal Auditor

Job Description

PRINCIPAL RESPONSIBILITIES :?Audit Assignment:Provide regular feedback to Senior Internal Auditor for the status of all audit assignment.?Special Projects:Participate in the investigation audit as directed.OTHER RESPONSIBILITIES:?AUDIT PLANNINGCo-develop the Expectation:?Attend the internal audit team planning meeting.Risk Assessment and Testing Strategy:?Participate in the preparation of the preliminary risk assessment.?Participate in the preparation of the final risk assessment.?Participate in the preparation of the detailed risks identified, nature, impact and likelihood on the Department and the controls identified that mitigate those risks.?Participate in the preparation of the detailed internal audit work program to address the risks identified along with the testing strategy.?AUDIT EXECUTIONImplementation of Testing Strategy:?Implement the testing strategy for the degree of testing to achieve the objectives of audit assignment and the related nature and extent of testing (substantive testing v/s detailed analytical review).?Perform testing for the internal controls identified during the planning phase to the extent documented in the risk assessment. Conclude on the internal controls design effectiveness.?Implement the detailed scope letter communicated to the Department Head.?Use of computer software that aide in performing analytical tests (CAATS).?Implement the internal audit program developed. This includes the sampling techniques to be used. Conduct the internal audit assignment as per the plan.Working Papers File and Information Gathered:?Identify sufficient, factual, reliable, relevant and useful information to achieve the audit objectives.?Properly document the work done for understanding the business of the Department.?Ensure that sufficient documentation is done and filed for the understanding of the business process to be audited.?Properly document and confirm the issues raised and the management response.?Sign off all the working papers.?AUDIT REPORTINGAudit Report:?Participate in the drafting of the internal audit report.Follow up assignments:?Participate in conducting the follow up assignments with the Department Head to ensure proper implementation of the corrective actions agreed in the report.?PROFESSIONAL CONDUCT AND DEVELOPMENTTraining and Counseling :?Follow up on the self-training program and ensure registration to the training course.?Ensure proper on job training is received.Professional Development and Appraisals :?Prepare the self-professional development plan.?Obtain regular feedback from the Senior Internal Auditor regarding the performance and how to improve on the area of weaknesses.?Initiate the staff appraisal for each audit assignment and discuss it with the senior and agree on development measures.Any other related tasks assigned by line managerQualificationMust have Bachelor with GPA of 3.5 or above with major in Finance/ Accounting .ACCA/ CIA/ CRMA certification is highly desirableExperienceHave minimum 2 years of experience in field of Internal/ External AuditJob Competencies?Ability to maintain confidentiality.?Knowledge of local laws governing Oman will be an added advantage.?Excellent communication and computer skills.?Fluent in English and Arabic.?Must have knowledge of IPPF and IFRS?Must have good command over MS Excel

Keyskills :
Audit planning Audit report