Senior Auditor.Compliance Audit - Management

Job Purpose

The Senior Compliance Auditor will be responsible for conducting comprehensive reviews and audits of the company's support functions, including HR, Finance, Customer Experience (CXR) Office, Commercial, Procurement, and other departments. This role is pivotal in ensuring that all operations and business practices adhere to regulatory requirements, internal policies, and industry standards.

Key Accountabilities:

·         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 Regional Internal Audit Manager in developing Regional Risk Prioritization Matrix to identify and prioritize the annual Regional Internal audit visits.

·         Assist the Regional Internal Audit Manager in the development of an audit approach and testing strategy for assigned regional visits to ensure all key business risks and controls are evaluated.

·         Coordinate with Regional Internal Audit Manager and Other Regional Internal Audit Monitoring units in-order to efficiently & effectively utilise resources to identify key risk areas relating each regional internal audit visits.

·         Prepare initial background, audit scope and audit objectives for each Regional Internal Audit Visits and align agreement with Regional Internal 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 Regional Internal Audit effectiveness & efficiencies, compliance with Regional Internal Audit Policies & Procedures, Regulatory requirements and Regional Internal Audit 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 Regional Internal Audit 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 Regional Internal 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 Regional Internal Audit 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 Regional Internal Audit 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.

Experience:

A minimum of 3 years of relevant Experience, retail sector is preferred, Previous GCC experience is considered beneficial.

Technical Competencies:

·       Risk Control and Governance

·       Compliance & Regulatory Requirements

·       Data/ Financial & Risk Analysis

·       Audit Reporting

·       Good verbal and written communication and presentation skills.

·       Quality Inspection

·       Knowledge of Laws and Regulations

·       Proficient in MS Word, Excel and PowerPoint.