Job Gulf – Gulf Jobs in Dubai, Middle East & North America

Internal Audit & Corporate Compliance Manager – Future Career Generator

A multinational client is seeking an Internal Audit & Corp Compliance Manager for their Riyadh head office. Reporting to the Director, Internal Audit & Corp. Compliance.
You will be responsible to plan, direct, monitor, and perform Audit and Compliance activities throughout the company in order to enhance organizational performance, mitigate associated risks, and ensure full compliance to financial, operational, system and legal/regulatory requirements.

•Participate in development of the annual audit plan
•Monitor and allocate resources during the implementation of the annual audit plan and the compliance program.
•Develop, evaluate, and review audit procedures & standards and coordinate projects involving external auditors.
•Collect and analyse data to detect deficient controls, duplication of effort, fraud, or non-compliance with regulations and management policies in operations (stores) and functions
•Supervise the identification and evaluation of company risk areas
•Assist in the development of the compliance policy of the company in total compliance with all applicable laws, regulation, rules, circulars, and codes of conduct applicable to the company operations/activities and provide continuous recommendations
•Monitor the application of policy to ensure that all divisions adhere to the approved compliance policy and standards of operation and ensures that all observations/findings are reported with appropriate follow up corrective action taken.
•Inspect accounting books/ accounting systems to ensure adherence to the (GAAP), compliance with laws and regulations while recording transactions, audit the cash and financial transactions at operational stores
•Examine/ evaluate key financial and operational information systems and processes, and recommend controls to ensure data accuracy and integrity
•Ensure adherence to Compliance and controls across all functions and operations of company .Review and approve/advise on compliance issues for all new products and services being launched by company to ensure that compliance standards are met and to reduce exposure to compliance risk
•Plan regular evaluations of all existing processes and procedures to ensure company is not being exposed to compliance risk
•Follow-up on a continuous basis with operations and functions where a compliance risk has been identified, to ensure that remedial action is taken; in case of non-cooperation such matters to be escalated to higher management levels for immediate action
•Provide solutions/solve problems whenever a compliance risk occurs
•Set up programs for employee participation in identifying compliance risk;y understand and know what is compliance risk and how to report it. Develop programs to ensure that company employees understand the importance and sensitivity of the Audit & Compliance function in order to safeguard company interests
•Build relationships with Industry experts to ensure sharing of knowledge and materials, as appropriate, for the best use of knowledge on Compliance issues
•Evaluate audit and compliance findings, prepare audit and compliance reports.
•Analyze and finalize operations and routine functional Audit & Compliance reports . Prepare and review audit work papers to ensure they are consistent with the departmental and IIA standards
•Inform Management whenever any compliance risk is identified; analyse/assess the exposure from identified compliance risk and find ways and means to avoid or mitigate such risk, as practically as applicable within the preset guidelines
•Log, monitor, and report investigations into reported allegations or violations of company Standards of Business Conduct, company policy/procedure and relevant laws/regulations from the company Business Integrity Line
•Lead, direct, evaluate, and develop a team of audit & compliance professionals

Job Details

Date Posted: 2013-07-04
Job Location: Riyadh, Saudi Arabia
Job Role: Accounting/Banking/Finance
Company Industry: FMCG; Catering/Food Services/Restaurants
Joining Date: 2013-01-31

Preferred Candidate

Career Level: Management
Gender: Male
Degree: Bachelor’s degree / higher diploma

Apply Now

Jobs in Saudi Arabia


Search All Jobs

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.