Senior Executive - Internal Audit

Job description / Role

Job Purpose

The job holder will be responsible for executing scheduled internal audits/ special projects across Group entities under the supervision of Senior Manager/ Manager - Internal Audit. Assignments should be executed in line with Annual Audit Plan to assess the design/ operational effectiveness of controls, safeguarding of assets, compliances, and efficiency of operations.

Job Description

Audit Assignment Planning:
- Prepare audit work program for areas being audited based on process discussions with auditees and previous audits being undertaken.
- Audit work program should ensure adequate coverage for establishing:
- Effectiveness of internal controls so that processes operate with operational and financial integrity,
- Identification of improvement areas to enhance, simplify, automate controls as well as improve process efficiency,
- Ensure safeguarding of assets and achievement of organizational objectives and
- Compliance with laws and regulations.
- Incorporate new methods, techniques, and tools in planning (as well as executing) audits.

Audit Execution & Reporting:
- Executive audit assignments independently or along with team under the supervision of Seniors. Ensure timely and appropriate execution of audit while ensuring,
- Adequate coverage of transactions (sampling as well as data analytics),
- Deploying accepted tools and techniques to make audit process efficient and
- Keeping in context materiality as well weaknesses observed in the process.
- Highlight potential risks and quantify either value at stake or improvement potential wherever applicable.
- Come up with recommendations that are value adding, practical and improve on current operations.
- Write concise, clear reports with facts and explanations that are suitable for senior management while at the same time are very actionable.
- Maintain audit standards, working papers and overall, a highly professional approach.
- Follow-up and track implementation of the recommendations provided when they become due.

Audit Integrity & Standards:
- Ensure confidentiality.
- Ensure adherence to the internal audit department's SoPs and Policies for self and reportees.
- Ensure compliance with the Internal Auditing Standards issued by IIA.

Other

- Ensure appropriate Audit technology tools are used to provide the highest level of assurance in an efficient manner.
- Advise in decision making, framing of policies, cost rationalization by providing an independent analysis.
- Occasionally also take up business improvement projects as guided by Head of Department.
- Monitor international developments, emerging trends and best practices in internal auditing and implement them, as applicable.

Knowledge, Skills & Experience

Job Experience:
- Fresher (CA, CIA). Experience of 1-2 years in internal audit or risk management would be added advantage. Preferred background of a Big 4/ Reputed Consultancy/ Industry.

Required Leadership Skills:
- Independent handling of audit, effective engagement with process owners, closing discussion with process owners and report preparation.

About the Company

Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East. An international, diversified retail conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 stores encompassing a retail presence of over 13 million sq. ft. across Middle East, India, Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs around 31,000 employees.