Internal Auditor

Job Description

About the company

Execute or assist in execution of assigned areas of Internal Audit Plan for ADNOC and assigned Group in order to ensure that internal control system for integrity and reliability of financial and operational areas are implemented and working efficiently and effectively. Provide effective recommendations for preventive / corrective actions as required, working with high ethical standards. Participate in the periodic Risk Assessments and development of the Unit’s Risk-Based Work Plans.

Job Specific Accountabilities (Part 1)

Internal Audit Plan
– Assist in the preparation of the periodic Risk Assessments and the development of the Unit’s Risk- Based Work Plans.
Audit Execution
– Assist the senior auditors in the examination and analysis of records through executing audit program steps for the assigned audits.
– Determine business objectives, main functions, and the nature of activities, potential risks and controls to be reviewed.
– Develop a detailed audit program / Risk & Control Matrix (RCM) for the assigned audit including the objectives, potential risk, key controls, audit procedures and the use of audit techniques and tools to evaluate governance, risks and controls processes, and submits audit program to for review and approval.
– Ensure that adequate working papers and all relevant information are continuously documented and updated in the automated Audit Management System in accordance with pre-defined templates and audit procedures.
– Perform the audit in accordance with the approved audit program and ensures that audit objectives have been met to support the audit conclusions/results.
– Identify, obtain, analyze and appraise related systems and evidentiary data/information.
– Prepare and / or assist auditors in preparing working papers, which record and summarize data on the assigned audit and the results of the audit examination.
– Participate in physical verification of assets, cash and inventory count exercises during the scheduled / surprise audit visits.
– Appraises the adequacy of the corrective actions taken by management on audit recommendations through follow up audits and periodically reviews and updates the status of management action plans.
– Maintains follow-up register for all audit issues reported.
Audit Reports
– Prepare and / or assist in the preparation of formal written reports, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which activities are carried out.
– Recommend practical improvements options corresponding to the observations with an objective to contribute to the improvement of governance, risks and control processes to assist in the achievement of the company business objectives.
– Follow-up on replies to issued draft and final audit reports.
– Provide assistance in the training coordination and ongoing audit assignments as required.
– Assist in preparation of presentations and reports as and when required.
Coordination
– Liaise with ADNOC management to obtain information required to perform and facilitate assigned audits.
– Carries out basic support work including compilation of data for tracing and follow-up of audit issues and implementation action plans.
– Participates in the development and implementation of the automated Audit Management System.