Team Member, Internal Audit at ARM Hold Co.

Job Summary

• Responsible for supporting the Internal Audit function in the delivery of the Group’s internal audit strategy and plan and ensuring compliance with established policies, procedures, and regulatory requirements.
• Fostering a conscious control environment within the company by providing timely and reliable assurance on corporate governance, risk and controls.

Responsibilities

Key Responsibilites

• Adhere to documented Internal Audit methodology, policies and procedures.
• Assist in the development of the annual Internal Audit plan.
• Demonstrate a sound understanding of the business being audited through proper documentation of the planning documents and completion of a comprehensive audit work program for assigned audits.
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
• Perform and complete assigned audits within specified timelines, in compliance with IIA professional standards.
• Ensure timely and adequate documentation of audit work papers and all other support documents, in line with the Unit's approved frameworks and auditing standards.
• Recommend process improvement in line with IIA standards and methodology, to help drive achievement of the organisation's strategic objectives.
• Comprehensive assessment of digital initiatives and biannual review and update of status of these initiatives.
• Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies.
• Ensure clarity, completeness, and timeliness of audit reports by comprehensively reflecting root causes of exceptions, providing apt, SMART recommendations, and ensure report issuance within agreed timelines in the engagement letter. 
• Participate in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues.
• Carry out investigations as instructed and ensure detailed evidence/documentation is retained for all findings related to the investigation.
• Ensure timely (monthly) follow-up on the status of audit & investigation exceptions while ensuring evidence of resolution is obtained before closure of observed gaps.
• Provide quality and timely reports to BARC, EMC and other audience that may be required from time-to-time, highlighting areas of key control lapses, root causes, recommendations, and implementation status.
• Quarterly preparation of Operational Performance reports (OPR), which aid the assessment of operational control performance, to be communicated to business managers.
• Utilisation of existing tools (using SQL/Oracle DB and Power BI) for continuous auditing and reporting.
• Liaise with stakeholders and create and adopt reports that aid continuous review of key risk areas.
• Perform consulting services for management through participation in projects designed to introduce new and/or changing processes, products, or facilities. 
• Develop and maintain effective and professional working relationships with all levels of staff within the organization, including Senior Management and Audit Committee of the Board.
• Organize relevant training and awareness sessions for members of the assurance units.
• Complete all assigned ad-hoc assignment at the request of the IA head within agreed timelines.

Requirements

Qualification & Experience

• Minimum of 3 relevant years of work experience in auditing (systems audit experience will be an added advantage).
• Bsc/HND in Business Administration, Accounting, Finance, IT, or related discipline 
• A recognized professional designation in Accounting or Internal Auditing (ACA, ACCA, CMA, CGA, CIA, CISA etc) will be an added advantage
• Solid understanding of risk and control concepts and the ability to apply these concepts.
• Working knowledge of professional IIA performance standards with regarding to planning, testing, sampling, and documentation.

Competencies, Skills & Abilities

• Good interpersonal skills with a proven ability to communicate effectively (both written and verbal) with all levels within the organization. 
• Capable of working independently and with minimum supervision. 
• Depth of knowledge in auditing standards, procedures, and related techniques. 
• Strong working knowledge of information technology and its implications on  business operations 
• Logical approach to identifying and evaluating issues and problem solving. 
• Knowledge of data analytical methodologies and tool 
• Well-developed organizational skills with the ability to prioritize multiple assignments. 
• Awareness of the need for confidentially in sensitive matters. 
• Demonstrated job commitment and personal flexibility to meet changing expectations. 
• Commitment to self-development and expansion of knowledge.