Senior Auditor

We believe that work is not just an office you report to every morning. It is rather the right place for discoveries as well as innovations and a venue for development of professional skills. Employees in Panda always work to reach new heights in performance through enthusiasm, punctuality and adaptability. If you believe you can be the one with this skillset, join us today to start your first step towards a quite successful career path.

Job Purpose

Execute Store Operational Audit Projects in the given time line as per agreed guidelines to ensure that all identified risks are addressed by management with high level of efficiency and effectiveness. This position is responsible for assisting the audit manager in order to maintain an effective system of internal controls and identifying potential improvements for Store Operations. Duties will be performed in accordance with acceptable audit standards

Job Responsibilities

OPERATIONAL

• Execute risk and compliance audit projects based on the annual audit plan and the risk assessment.
• Participate in the overall risk assessment process and development of the annual audit plan.
• Assist Audit Manager in developing Store Risk Prioritization Matrix to identify and prioritize the annual store audit visits.
• Assist the Audit Manager in the development of an audit approach and testing strategy for assigned store visits to ensure all key business risks and controls are evaluated.
• Coordinate with Store Manager and Other Store Operational Monitoring units in-order to efficiently & effectively utilise resources to identify key risk areas relating each Store audit visits.
• Prepare initial background, audit scope and audit objectives for each Store Audit Visits and align agreement with Audit Manager.
• Conduct interviews, review documents, document process understanding narratives/flow charts, develop and administer surveys, compose summary memos, prepare working papers, identify and define issues, review and analyse evidence, and document issues and recommendations.
• Perform independent Walk-through and Field testing to assess the store operational effectiveness & efficiencies, compliance with Store Operational Policies & Procedures, Regulatory requirements and Store Operational Compliance Framework.
• Demonstrate the ability to identify internal control weaknesses, non-compliance with organizational policies and/or laws and regulations, as well as opportunities to improve Store operational effectiveness.
• Prepare draft findings, effective and practical recommendations for audit findings, and any corrective actions necessary and practice the ability to demonstrate them to the audit audiences both orally and in writing.
• Prepare draft audit reports, ensuring audit objectives are met, conclusions are documented and supported, and recommendations are clear, concise, and practical.
• Provide a first level review and approval of working paper documentation to ensure the retained documentation supports the Store Operational audit scope and objectives.
• Maintains the Company’s standard for the Professional Practice of Internal Auditing and the Code of Ethics developed by The Institute of Internal Auditors.
• Actively seeks knowledge of new, automated, or more efficient audit techniques to implement to increase Store Operational efficiency and effectiveness.
• Pursue professional development opportunities including external and internal training and share information gained with co-workers.
• Stay abreast with Regulatory requirements in KSA in-line with Store Operations and assess regulatory compliance program in consultation with Company Legal Counsel.
• Stays abreast of general business/economic developments and new professional announcements & standards to gain an understanding of their links and impact on the organization. Understands and applies technical standards.
• Perform any special assignments or other tasks as directed by the Internal Audit Manager

REPORTING

• Prepare Audit reports, expressing opinion on the adequacy, effectiveness and efficiency of Store Operational review, and presents the findings to Audit Manager.
• Report to Audit Manager on monthly basis on the related pending remediation plans.

Follow up

• Ensure that all agreed remediation plans are subsequently implemented.
• Perform follow-up procedures timely to determine whether agreed remediation action plans have been implemented.

PEPOLE MANAGEMENT

• Keep abreast with all the latest updates in the audit, risk management and fraud field and improve the abilities of the Store Operations abilities.
• Maintain open communication with Management and promote Internal Audit Activity.

Education

• University degree from a recognized university.
• Professional certification such as CPA/ ACCA/ CIA/ CRMA/ CFE would be a plus

Experience, Skills & Competencies

• A minimum of 5 years of relevant Experience, retail sector is preferred, Previous GCC experience is considered beneficial
• Risk Control and Governance
• Compliance & Regulatory Requirements
• Data/ Financial & Risk Analysis
• Audit Reporting
• Good verbal and written communication and presentation skills.
• Strong interpersonal skills—ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action.
• Quality Inspection
• Knowledge of Laws and Regulations
• Project management experience would be a plus.
• Proficient in MS Word, Excel and PowerPoint.
• Awareness of Store Operational Compliance Framework.