+ INTERNAL AUDITOR Leading Petrochemicals Company +

+ NEW VACANCY +

INTERNAL AUDITOR

Leading Petrochemicals Company

TAX FREE Saudi Arabia

Open to all nationalities

tilly@firstresortrecruitment.com

 


Our client is a multinational Petrochemicals company covering the Gulf. They have an excellent reputation in this industry with an exciting and dynamic growth plan for 2011.

 

We are looking for an experienced Internal Auditor professional to be based in Jubail, in Tax Free Saudi Arabia



OVERVIEW OF ROLE

 

Reports To: CEO

 

The Internal Auditor will be responsible to establish, develop and maintain a sound Internal Audit functions which will promote high standards of control and provide an informed independent opinion to the CEO and the Board of Director on how effectively the systems of control work to protect the interests of the company and its shareholders. The function aims to identify financial, IT/IS and operational risks and work with management to create cost effective controls for proper protection against those risks.

KEY RESPONSIBILITIES

 

  • Assist to ensure that the systems of control safeguards the assets of the company; provide accurate and reliable information, promote efficient use of resources and comply with significant policies, procedures, regulations and applicable laws.
  • Responsible for the provision of a professional auditing services including contributing to strategic advice and planning.
  • Set audit standards which meet the highest national and international principle/practice applied within the commercial sector.
  • Identify financial, IT/IS and operational risks and work with management to create cost effective controls for proper protection against risks.
  • Assess and identify potential and actual control risks and prepare a risk based audit strategy and annual audit plan, for agreement with the CEO, to protect the company’s and its shareholders from unnecessary risk.
  • Identify and organize reviews of new businesses, new IT/IS systems and other significant changes to highlight potential control risks and offer timely constructive and expert advice on how to help create an effective system of internal controls.
  • Plan and manage the Audit department's budget so that most effective use of resources is made.  .
  • Continuously improve the audit approach and methods, including the use of cost effective new technology to increase efficiency and effectiveness of internal audit.
  • Manage, motivate, train and develop audit staff so that they are able to make an effective contribution to the well being of the company.
  • Recommend improvements in the company’s policies, procedures and processes to protect the interests of the company and its shareholders.
  • Develop a close working relationship with external auditors to ensure that they feel confident of the standards maintained in the company and are able to complete their external audit in a timely and cost effective manner.
  • Ensure that audit reports are communicated swiftly to the CEO and the relevant THE COMPANY’S departments.
  • Create an open and cooperative climate between the company’s departments and internal Audit function to promote awareness of and commitment to an effective internal control environment throughout the company.
  • Must have a close day to day working relationship with the CEO and the CFO but the reporting lines are to the CEO and to the Audit Committee. There must also be a close working relationship with the external auditors even outside the external audit cycle. Effective relationships have to be maintained with the senior management of THE COMPANY’S so that they understand and support the role of Internal Audit. Maintain effective interfaces with departments such as Finance and IT in order to have access to facilities, which will support the audit process.
  • Sets audit policies, processes, procedures and programs (subject to liaison with external auditors) through the company. Unrestricted access to all information, records and personnel of the company’s.  Total responsibility to decide what to report to the CEO.
  • Although the Internal Audit department can make strong recommendations, the responsibility for the operations and management of risks of the company’s lies with the CEO subject to the direction of the Audit Committee.

 

 

ESSENTIAL REQUIREMENTS

 

  • University degree in Accounting
  • A professional accountancy qualification.
  • At least 10 years experience in Accounting and Audit
  • At least 3 years experience at management level.
  • Fluent in Arabic and English preferred

·         Experience in a petrochemical, manufacturing, production or oil & gas organization




KEY SKILLS

 

  • Excellent planning and implementation skills.
  • Proficient interpersonal and persuasion skills to be able to conduct audit investigations and report on sensitive subjects.

 



BENEFITS

 

·       Salary will depend on experience levels

·       This should be used as a guide only

·       Total package up to 35k SAR per month/ $112k USD per annum + Benefits + 3 basic salaries per year as a housing allowance  

 




To apply in confidence please send your CV in English to tilly@firstresortrecruitment.com

 

FIRST RESORT GLOBAL RECRUITMENT

Leaders in Executive Level Recruitment Worldwide

www.firstresortrecruitment.com

 
Reference : Internal Auditor Tilly
Contract type : Permanent
Job(s) available : 1
Experience required : 10-13 years
Studies level required : Professional qualifications
Working place : Jubail- Sa• Total package up to 35k SAR per month/ $112k USD per annum + Benefits + 3 basic salaries per year as udi Arabia
Creation date : 31/01/2011

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