JOB PURPOSETo execute assigned areas of internal audit plan for Borouge in order to ensure that internal control system for integrity and reliability of financial, operational and information technology is implemented and working efficiently and effectively. Make effective recommendations for corrective / preventive actions as required, working with high ethical standards.KEY ACCOUNTABILITIESInternal Audit

• Participates in the development of Annual Audit Plan (AAP) based on the results of risk assessment exercise.
• Reviews Functions / Departments and associated activities, in assigned areas, to determine the nature of the operations and the adequacy of the system of controls to achieve established objectives including the efficiency with which resources are employed and to identify improvement areas in profitability and / or cost-effectiveness.
• Identifies and discusses the objectives and approach of the proposed audit effort with Team Leader / Department Manager as directed.
• Participates in the planning of the assigned audits approach and scope and prepares the Audit Program and / or Risk and Control Matrix (RACM), when required.
• Determines auditing procedures to be applied, including the use of Information Systems Audit Techniques, statistical sampling method or others.
• Identifies high risk areas and key control points of the system to be reviewed.
• Evaluates the system\'s effectiveness based on his / her business and audit experience and modifies, if necessary, the scope of the review, with the approval of Team Leader / Department Manager.
• Supervises audits in accordance with the approved RACM and professional standards on internal auditing.
• Prepares working papers, which record and summarize data on the assigned audit segment and the results of the audit.
• Ensures tasks assigned to junior staff are adequately performed and deliverables are in accordance with A&AF quality standards.
• Ensures that approved audit objectives have been met with adequate coverage of all relevant areas. Also ensures that sufficient appropriate audit evidence is obtained to support the conclusion and recommendations, and that the work has been performed in accordance with professional audit standards.
• Obtains and reviews audit evidence as the basis for an informed, objective conclusion on the adequacy and effectiveness of internal controls system over the activities being reviewed.
• Recommends improvements in management controls designed to mitigate business risks, safeguard company assets and contribute to growth and improve profitability/ economies.
• Prepares audit report with conclusion, expressing professional opinions on the adequacy and effectiveness of risk management, control systems and the efficiency with which activities are carried out. Recommends improvement options to rectify reported deficiencies, for Team Leader / Department Manager\'s review.
• Subsequently, review the adequacy of the corrective actions taken on audit recommendations / improvement options.
• Performs ad-hoc and special reviews and administrative duties as directed by A&AF Management.
• Participates in the process of hiring, training and development of audit staff and UAE National graduates.
• Ensures implementation of approved audit methodology as defined in IA Procedure Manual.
• Implements plan for promoting awareness within the company on procedure to report unethical acts.
• Liaises with Auditees to ensure smooth conduct of audit.
• Reviews customer feedback and highlights areas of improvement.
• Prepares and submits IAD ADP monthly / quarterly / annual progress reports to VP-A&AF covering various areas including implementation status of Audit Plan, budget performance, audit recommendation\'s implementation status, department KPI status, areas of concerns requiring VP-A&AF / senior Management\'s attention etc.
• Ensures that A&AF practices are aligned with the requirements of IIA standards and other regulatory bodies (ADAA, ADSIC etc.) as well as with ADNOC\'s audit methodology.

Audit Management System (AMS) and ReportsEnsures effective and efficient utilization of AMS. Oversees the completion of all audits in the AMS, reviews & sign-offs all engagement working papers in the system. Ensures that all Departmental progress reports are prepared to provide accurate and timely reports and necessary information to Company Management, Board of Directors, Audit Committee, Board Advisory Committee and other shareholder representatives to effectively manage the businessQUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLSMinimum Qualification

• Bachelors\' Degree in Management, Business, or equivalent disciplines.
• Master\'s degree in Accounting, Risk Management, Strategic Management, or Business Administration is preferred.

Minimum Experience & Knowledge & Skills

• Minimum of 6 - 8 years of experience in audit, assurance, or compliance designations.
• Strong auditing skills in reviewing deficiencies and persuasion in recommending corrective actions. High level of proficiency in English; working knowledge of Arabic desirable.

Professional Certifications

• Professional certification(s) such as ACA, ACCA, CPA, CIA, CISA, CFE.
• Certified ISO 9001 and 14001 Lead Auditor is preferred.

Jun 14, 2024

Borouge