Jobs at the OPEC Fund for International Development

Job Profile

• The Internal Audit Analyst assists the Chief Auditor in protecting and enhancing the value of the OPEC Fund by participating in audit and advisory engagements that provide independent, objective, and insightful risk-based assurance and advice to Management.
• This role acts in accordance with the OPEC Fund strategic framework and the OPEC Fund’s frameworks for audit, governance, risk and control.

Duties and Responsibilities
Audit:

• Supports multiple engagements in the delivery of risk-based audits across a range of business process areas.
• Assists the Chief Auditor and Internal Audit Officers in the performance of detailed process walkthroughs and flowcharting of controls.
• Supports the Chief Auditor and Internal Audit Officers in the development of an audit library/ repository of process flow charts and key control narratives that can be leveraged for future reviews.
• Supports the audit team in the timely execution of audits within the allocated time and resource budgets.
• Assists in the tracking and follow-up of relevant open and overdue Internal Audit issues and management action plans.
• Assists in the implementation of Internal Audit operating practices and protocols, as it relates to specific engagements or tasks. 
• Prepare audit program for the audits assigned as per the annual audit plan. 
• Conduct fieldwork; prepare working papers, and conclusions related to audits assigned by Chief Auditor. 
• Summarizes conclusions and draft audit reports. 
• Contribute in preparing the annual risk assessment for the IAF. 
• Review evidence, monitor progress of the audit assignment, and prepare draft report. 
• Prepare for follow up on agreed action plans in issued reports, communicate action owners to obtain update on action plans status, and prepare progress on status of action plans. 
• Perform other duties within the scope as assigned by his/her Performance line Manager. 
• Stay up-to-date with the latest developments in his/her area of expertise. 

Reporting and analysis:

• Provides analytical support to the Chief Auditor and Internal Audit Officers, in the conduct and execution of individual engagements in Internal Audit’s risk-based Work Program - spanning the OPEC Fund’s operations, corporate processes, and IT business processes.
• Assists in work paper documentation in accordance with standards established by Internal Audit.
• Perform other related duties as assigned.

Qualifications and Experience

• Bachelor's Degree in Business or Public Administration, Finance, Accounting, Law, or a related field. 
• A minimum of 3 years relevant professional experience, preferably, 1-2 years of experience in an international environment; Working experience in development financial institutions is desirable.
• Certified Internal Auditor (CIA) designation is highly desirable.
• Additional professional certifications such as Certified Fraud Examiner, Certified Information Systems Auditor, Certified Information Security Manager, Chartered Financial Analyst, Certified Public Accountant, Chartered Accountant, ACCA are an advantage.
• Strong analytical skills and ability to interpret and analyse data and translate into effective information.
• Ability to work well in a small team, operate under pressure, prioritize and deliver high quality work within deadlines, and meet team objectives.
• Fluent in English. Good working knowledge of Arabic, French, German or Spanish is an added advantage.
• Demonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
• Required Languages: English

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Job Profile

• The Internal Audit Officer supports the Chief Auditor in providing independent, objective, and insightful risk-based assurance and advice, all in accordance with the institutional strategy and framework and the OPEC Fund’s frameworks for governance, risk and control, in order to protect and enhance the value of OPEC Fund.

Duties and Responsibilities
Audit:

• Works on multiple engagements, often concurrently, in the delivery of risk-based audits across a range of business process areas.
• Supports the Chief Auditor in identification of key risk areas by performing detailed process walkthroughs and flowcharting of controls.
• Supports the development of an audit library/repository of process flow charts and key control narratives that can be leveraged for future reviews through detailed development of individual Risk and Control Matrices (RCMs) for specific engagements.
• Supports the Chief Auditor in the timely execution of audits within the allocated time and resource budgets.
• Assists in the follow-up of open and overdue Internal Audit issues.

Stakeholder management and engagement:

• Engages closely with key clients and stakeholders under the guidance of the Chief Auditor to deliver audit engagements.

Reporting and analysis:

• Supports the Chief Auditor in planning, executing and reporting on individual engagements in Internal Audit’s s risk-based work program.
• ssists in the summarization of audit issues and drafting of reports.
• Perform other related duties as assigned.

Qualifications and Experience

• Master's Degree in Business Administration, Finance, Controlling, Accounting, Law or a related field. 
• A minimum of 7 years relevant professional experience, preferably, 2-3 years of experience in an international environment; Working experience in development financial institutions is desirable.
• Certified Internal Auditor (CIA) designation is highly desirable.
• Additional professional certifications such as Certified Fraud Examiner, Certified Information Systems Auditor, Certified Information Security Manager, Chartered Financial Analyst, Certified Public Accountant, Chartered Accountant, ACCA are an advantage.
• Strong analytical skills and ability to interpret and analyse data and translate into effective information.
• Ability to work well in a small team, operate under pressure, prioritize and deliver high quality work within deadlines, and meet team objectives.
• Fluent in English. Good working knowledge of Arabic, French, German or Spanish is an added advantage.
• Demonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.