Senior Internal Audit Officer
Vacancy Number: 1926
Deadline: March 14, 2024
Job Profile
The Senior 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 Fundโs frameworks for governance, risk and control, in order to protect and enhance the value of OPEC Fund.
The Senior Internal Audit Officer is an expert in internal audit and is responsible for supporting the successful development and implementation of the Internal Audit Function work plan.
Duties and Responsibilities
In conjunction with Chief Auditor:
Audit:
Stakeholder management and engagement:
Participates with management by serving in an advisory role during the implementation of new systems, processes and procedures Maintains a current risk profile for each line of business by working extensively with business management to identify emerging risks and industry practices, improve the risk management infrastructure, operations, and risk monitoring, and prioritize Audit efforts based on the changing risk environmentReviews internal audit capabilities and compliance procedures in key business areas of focusProactively develops and maintains mutually beneficial relationships with business managementDevelops and maintains professional relationships with, and assist in the coordination of audit efforts with regulatory examiners/external accountants to ensure prompt and efficient completion of examinations Monitors progress and resolution of outstanding issues on a periodic basis to ensure timely execution of action plans, and to ensure appropriate reporting is delivered to management and the Audit CommitteeParticipates in departmental budgeting, audit planning, corporate planning, and Audit Committee reportingSupports the Chief Auditor, in setting clear objectives for the Audit team and monitor progress toward those objectives with a focus on high quality results and timely completion of tasksPolicy:
Develops audit policies, procedures, guidelines, standards and programs, as it relates to accountable business units/functionsEnhances business knowledge by continually monitoring trends and developments affecting each line of businessPerform other duties as may be directed by the Chief Auditor.
Qualifications and Experience
Masterโs degree in business administration, finance, controlling, accounting, law, or a related fieldA minimum of 10 years progressively responsible professional experience, preferably 5 years should have been in an international environmentWork experience in development financial institutions is desirableProfessional certification and/or licensing (CPA, CIA, CFE, or CISA) is requiredOther related professional certifications e.g. Certified Fraud Examiner, Certified Information Systems Auditor, Certified Information Security Manager, Chartered Financial Analyst, Certified Public Accountant, Chartered Accountant, ACCA are an advantageExperience of auditing for one of the โbig fourโ audit firms is desirableFluent in English. Good working knowledge of Arabic, German, French or Spanish is an added advantage.Competencies
Subject Matter Knowledge - The in-depth understanding and expertise in specific fields relevant to the OPEC Fund's operations and the individual's role.Collaboration and Teamwork - The ability to effectively work with colleagues, stakeholders and partners to achieve shared goals.Customer Centricity - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. Decision making - The ability to analyze information comprehensively to make well-informed decisions; assess both immediate and long-term ramifications. Problem Solving Ability - The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges. Sense of Responsibility - The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.