Overview
Internal Auditor Supervisor Jobs in Riyadh, Riyadh, Saudi Arabia at Zakat, Tax and Customs Authority
Title: Internal Auditor Supervisor
Company: Zakat, Tax and Customs Authority
Location: Riyadh, Riyadh, Saudi Arabia
Job Purpose:
Jobholders at this level are responsible for leading work activities and working autonomously with minor direction towards predetermined long-term objectives.
Jobholders oversee the implementation of operational plans and the provision of significant improvements to set policies, procedures, standards and reports.
Their main operational role includes developing financial internal audit guidelines, methodologies, and annual audit plan, assessing required audit resources, and supervising all related interventions.
Roles and Responsibilities:
Develop financial internal audit guidelines and methodologies in line with QA guidelines, and international standards and practices
Assess required audit resources against current capabilities and identify the need to cooperate and liaise with external auditors to execute specific audits
Develop financial internal annual audit plan specifying functions subject to audits, audit frequency and schedule taking into consideration resources availability and targeting key risks and prioritized activities/ area
Develop financial audit program/ RCM including audit scope, key areas to be assessed, audit dates and focal points and accordingly notify related functions
Collect needed documents from functions and develop/update audit checklists and forms
Conduct opening meeting with related function’s focal point to confirm financial audit objectives, scope and methodology
Conduct financial internal audit intervention by checking functions’ documents, records, systems and practices
Assess the completeness, clarity and transparency of financial statements including accounting entries, budgets, income statements, billing procedures, account balances, investments and others
Review improvements or corrective actions’ implementation status based on previous audit findings
Detect non-conformities, identify key areas to improve and investigate irregularities
Hold a closure meeting to discuss financial audit findings, ensure a clear understanding of results and agree on needed improvements/non-conformities/ observations with concerned function
Coordinate with external financial auditors to examine all books and documents related to accounting records, expenses and revenues
Develop audit report highlighting audit findings, key points discussed, non-conformities and key areas to improve
Present audit report to relevant stakeholders, provide advice, and agree on areas of improvement and all necessary remedial actions and milestones to be taken
Consolidate financial audit findings into a periodic audit report including audit observations, non-conformities, opportunities for improvement and action plans
Follow all relevant policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
Help in solving escalated problems and provide needed support for junior team to ensure work is carried out in an efficient manner
Escalate complex problems to the relevant person to ensure cases/issues are closed properly
Perform other duties as requested
Train junior staff on the different job activities to ensure transfer of know-how, when applicable
Provide clear direction, prioritize tasks, assign and delegate responsibility, and monitor the workflow of subordinates/ junior staff
Support junior staff or direct reports in order to execute their duties according to set policies and processes
Job Qualifications and Requirements:
A minimum of 4 years of relevant experience
Bachelor’s degree in Finance, Accounting, or equivalent
