Participate in the development of the Group Internal Audit Department strategy, budget and planning process
Develop and execute risk based operational audit plan and budgets with KPIs linked to the Department’s objectives and strategy
Coordinate the Corporate Audit Division’s activities so that it effectively utilises its resources, manages its priorities, and is able to be both responsive and proactive
Manage, monitor and evaluate the Corporate Audit Division’s on-going performance and quality of its outputs and services, identifying and initiating actions for improvement and innovation
Define audit universe in order to identify the corporate’s related risk areas, management processes and internal controls for the business units
Lead the preparation of the annual audit plan for the departments in coordination with the IDB – Group Management, Risk Management and all business departments as well as CEO’s of affiliates.
Oversee the execution of corporate audit assignments and ensure that the concerned departments cooperate with the internal auditors providing access to documents, reports, systems and personnel
Monitor the adherence to procedures, methodologies, approach and systems used in internal auditing and takes corrective action as necessary
Determine if adequate controls are incorporated into information technology systems and the overall IT administrative functions.
Review and assess the quality of management information systems for planning, monitoring and reporting on corporate activities. Review and assess management processes and internal controls over systems development projects to ensure adequate planning, monitoring and accountability for results.
Support the Audit Teams in communication and conflict resolution
Lead special audit assignments or investigations mandated by the President, Group Management and Heads of affiliates
Review audit results, working papers and present final audit reports to the Department Director
Review audit findings of external and government auditors of Group financed projects and member countries and report any risks or internal control issues to the Department Director
Assess business risks and the application of internal controls and the effectiveness of project activities within the business units based on audit results and present findings to the Department Director
Assist the Department Director in advising the Group Management, the business Departments on internal control issues, on efficiency and effectiveness issues, on compliance issues together with its possible impact on operations. Propose remedial action wherever necessary.
Ensure that there an adequate and continuous follow-up with the business Departments in order to have maximum adherence to audit recommendations
Communicate the status of implementation of audit recommendations to Director GIAD.
Generate commitment, motivation and enthusiasm to Corporate Audit Division goals, and guide Division members through periods of change
Provide clear direction, prioritise tasks, assign and delegate responsibility and monitor the workflow
Plan, manage and review individual performance and provide regular feedback, development and coaching, taking prompt action where necessary
Provide opportunities for Corporate Audit Division members to suggest, participate in and contribute to improvement, innovation and knowledge sharing initiatives
Manage and grow a talented team of professionals
Ensure the Corporate Audit Division complies with IDB’s policies, processes, practices and systems
||Jeddah , Saudi Arabia
||Bachelor’s degree / higher diploma
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