Senior Finance Internal Control Analyst

Strategic Contribution

 

 

• Contribute to the development of the Internal Control department’s strategy, ensuring that Panda’s relevant long and short-term plans are effectively converted into the appropriate functional objectives.

 

 

• Ensure proper implementation of the functional strategy by managing the day-to-day operations of the Internal Control department, providing guidance, encouraging teamwork, and facilitating delivery of work processes to achieve high performance standards.

 

 

 

Leadership

 

 

• Lead the effective achievement of the team objectives by setting individual objectives, managing performance, developing, and motivating employees in order to maximize individual and functional performance.

 

 

• Coordinate the activities of the team to ensure that all work is carried out efficiently, in line with the annual business plans, policies and procedures.

 

 

 

Internal Control Analyst

 

 

• Drive, in coordination with the Head of Internal Controls, the development and implementation of the internal control framework by applying best practices on financial risk protection procedures to support the establishment of the appropriate level of financial controlling and information sharing with the business units in a timely manner.

 

 

• Liaise with other financial heads and business heads to drive the development of appropriate internal control policies and procedures and update them periodically, monitoring and enhancing their effectiveness.

 

 

• Coordinate with the audit, risk and compliance teams to identify potential areas that require additional internal controls and develop an action plan to proactively mitigate potential financial threats and ensure compliance.

 

 

• Act as a focal point with business process owners (e.g. IT department) to identify process and control improvement opportunities by ensuring effective internal controls are in place to mitigate the company’s financial risks.

 

 

• Develop and update appropriate financial documentation including flowcharts, narratives, risk and control matrices, etc. to ensure all areas of work are properly documented.

 

 

• Communicate with internal business units to ensure alignment with the required policies and procedures to ensure the internal controls are established and updated in a timely manner.

 

 

• Prepare risk mitigation/corrective action plans, and business processes that effectively address internal control gaps identified during risk-assessments and internal/external audits and align with the Head of Internal Control for approval.

 

 

• Perform and monitor the internal control testing using data analytics to monitor their quality and effectiveness, and report any internal control breach statuses or deficiencies, ensuring compliance to the applicable policies, rules and regulations.

 

 

• Conduct data analytics of internal controls testing to monitor their quality and effectiveness and report any internal control breach statuses or deficiencies to the senior management to take the appropriate measures needed.

 

 

• Participate in the design, review, and improvement of core business processes from a financial controls’ perspective, ensuring that Panda’s core business processes are aligned with best practices and best support the company’s needs.

 

 

• Ensure that any changes in the local and international regulatory framework related to financial controls are properly captured and applied in all processes and procedures compliance of Panda’s activities.

 

 

• Conduct analysis to identify market trends and evolutions related to financial controls and drive the implementation of the relevant ones within Panda to ensure that the best practices are adopted by the company.

 

 

 

Reporting

 

 

• Ensure that all divisional reports are prepared timely and accurately and meet Panda’s organizational requirements, in adherence to the company’s policies and quality standards.

 

 

• Present annual and periodic reports at senior management meetings.

 

 

 

Continuous Improvement  

 

 

• Contribute to the identification of opportunities for continuous improvement of the Finance Internal Controller department systems, processes, and practices considering international best practices, improvement of business processes and cost optimization.

 

 

 

Health, Safety and Environment

Ensure compliance to all relevant quality, health, safety, and environmental management policies, procedures, and controls across the Finance Internal Controller department to guarantee employee and assets safety, legislative compliance, and a responsible environmental attitude

Experience, Skills & Competencies

 

 

• Minimum of 8 years of relevant experience in a internal control position with financial analysis background

 

 

• Arabic language required (native)

 

 

• English language required (advanced)

 

 

• Knowledge of internal controls, financial and operational processes, risks, etc.

 

 

• Presentation, communication, negotiation, and interpersonal skills

 

 

• Team building and effective people management

 

 

• Advanced Excel skills

 

 

• Proficient in MS Office products

 

 

• Working knowledge of MS SharePoint, Power BI  

 

 

 

Core competencies

 

 

• Customer focus

 

 

• Gets results

 

 

• Lives the values

 

 

• Communicates with impact

 

 

• Develops self/others

 

 

• Works successfully with teams

 

 

• Deals with change effectively

 

 

• Makes good decisions

 

 

 

Key Communication and Working Relationships:

 

Internal:

 

 

• Head of Internal Control and other functional heads

 

 

• Senior Management

 

 

• Heads of other departments

 

 

 

External:

 

 

• External Auditors