Internal Audit Sr. Manager

Job Description and Requirements
To direct independent, efficient, continuous, risk based internal audits and reviews across BIDAYA in order to ensure the establishment of a control and risk management framework within BIDAYA which conform to the standards of the professional practice of internal auditing and the highest level of professional integrity.
Lead and direct the development of the Internal Audit Department strategy by consolidating different departmental strategies in line with BIDAYA’s strategy to ensure vertical alignment and horizontal integration with other interfacing Department strategies across BIDAYA
Ensure that Internal Audit Department strategy and related strategic plans are developed and implemented, which are aligned with the vision and mission of BIDAYA
Oversee the development of Internal Audit Department organization structure in an effort to ensure vertical alignment and horizontal fitment within BIDAYA corporate structure
Review the consolidation of the Operational budget and recommend changes
Monitor financial performance versus budget and report unanticipated costs or revenues, areas of unsatisfactory performance, as well as potential areas for cost reduction or performance improvement opportunities to capitalize upon
Lead and guide internal project teams in the planning, organizing, management and control of various projects in order to ensure that the project cycle is completed meeting agreed project parameters (cost budget, timelines, scope and quality), standards and objectives
Oversee management of enterprise-wide projects, process re-engineering and quality assurance.
Ensure establishing a practical budget, work schedule, performance evaluation and variance criteria for each scheduled audit assignment
· Execute audit planning for BIDAYA in order to establish and review:
Reliability and integrity of financial and operating information
Compliance with policies, plans, standards, laws, and regulations that could have significant impact upon operations
Measures taken to safeguard assets, including tests of existence and ownership as appropriate
Economy and efficiency in the use of resources
Overall risk associated with the BIDAYA operations
Adequacy and effectiveness of the BIDAYA’s systems of internal control
Develop and implements quality assurance programs to ensure performance of all aspects of the audit at a high level of efficiency and effectiveness
Conduct and supervise audit assignments in line with the annual Internal Audit plan and update the Department heads and the CEO about the status of key concern areas observed during audit execution
Perform periodic follow-up on all audit recommendations that have been agreed upon by the management and report accordingly
Determine whether the audit areas are in compliance with existing policies, standards, architectures, procedures and other requirements and are consistent with good practices found elsewhere in the home financing industry
Determine whether internal audit areas are designed, specified, configured, tested, operated, and managed in a manner which is efficient, reliable, secure, and consistent with organizational objectives
Prepare summary of the results of all internal audits for developing and presenting to the Internal Audit Committee of the Board
Prepare draft reports and discusses the result of the review with audited departments
Prepare quarterly progress reports on planned audits and implementation of corrective actions
Manage & evaluate employees’ performance with continuous feedback on their assigned targets and provide development opportunities to maximize the potential and engagement of employees
Manage the talent pipeline in the organization through recruitment, effective utilization of employee development programs, mentoring programs, career planning and succession planning
Manage & evaluate employees’ performance with continuous feedback on their assigned targets and provide development opportunities to maximize the potential and engagement of employees
Manage the talent pipeline in the organization through recruitment, effective utilization of employee development programs, mentoring programs, career planning and succession planning
Manage Department changes through continuous improvement of systems, processes and practices taking into account ‘international best practice’, changes in international standards and changes in the business environment which demand proactive action plans
Ensure that all reports of the Internal Audit Department are prepared on-time and accurately and meet the company and department requirements, standards, policies and procedures
Develop and oversee the implementation of the Internal Audit Department and Organizational policies, procedures and controls covering all enterprise activities so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective services
Ensure compliance to all relevant safety, quality and environmental management policies, procedures and controls across the department in order to guarantee employee safety, legislative compliance and a responsible environmental attitude
Required Skills

Internal Audit, CA, CIA, Sales Audit, Computational Finance, Corporate Tax Filings, Financial Modeling, Analysis& Valuation, Underwriting, Microsoft Excel, Microsoft PowerPoint, Microsoft Outlook, Microsoft Word, International Standards on Auditing, Islamic Financial Accounting Standards, Auditors, Real Estate, Islamic Finance, Lease Financing, Risk & Compliance Management, Information System Audit,

*** تقدم على الرابط التالي : Apply on the following link ***
https://www.akhtaboot.com/en/saudi-arabia/jobs/riyadh/116650-Internal-Audit-Sr—Manager-at-Bidaya-Home-Finance