[ICS] Internal Audit & Risk Management Officer (Corporate Function)

Position Overview:

The Internal Audit & Risk Management person would be responsible for overseeing and managing a portfolio of audits & Risk Management. The role involves assessing internal controls, risk management processes, financial reporting, and ensuring compliance with legal and regulatory standards. This individual will play a critical role in safeguarding the company’s assets, driving operational efficiency, and ensuring adherence to company policies and industry standards.

Key Responsibilities:

• Audit Planning & Strategy:• Participate in building the annual internal audit plan in collaboration with senior management, ensuring alignment with the organization's objectives and risk profile.
• Participate and lead in discussions with management and senior stakeholders on Enterprise Risk Management
• Participate in risk assessments to identify key areas of concern and prioritize audits & risk activities accordingly.

• Delivery:• Participate and lead to deliver the audits and ERM activities
• Perform audits of financial, operational, compliance, and IT-related areas in both the corporate and software-specific sectors.
• Evaluate the adequacy and effectiveness of internal controls, risk management practices, and corporate governance processes.

• Compliance & Regulatory Oversight:• Ensure the company complies with relevant local and international regulatory frameworks, Data Protection Regulation, and industry-specific standards.
• Monitor and report on the effectiveness of compliance programs and internal control procedures.

• Reporting & Communication:• Prepare detailed audit reports summarizing findings, risks, and recommendations
• Prepare, evaluate and present ERM plan & findings
• Present audit results and provide actionable insights
• Work closely with stakeholders to discuss audit results and drive the implementation of corrective actions.

• Continuous Improvement:• Identify areas for improvement in internal controls, audit processes, and risk management.
• Recommend and implement best practices to enhance efficiency and effectiveness in the internal audit function.
• Stay updated on industry trends, emerging risks, and new audit methodologies relevant to the software and GCC sectors.

• Collaboration with External Auditors & Stakeholders:• Act as the primary point of contact for external auditors and regulatory bodies during audits and reviews.
• Collaborate with other departments such as finance, legal, compliance, and IT to understand operational challenges and address audit findings.
• Regular interactions with senior leadership for ERM

• Business Continuity Plan• For situations triggering BCP, call for emergency meeting with the Control Authority /BCP members, identify control actions required and track them to closure
• Organizes BCM committee meetings
• Define BCMS organization
• Implementation of BCMS tasks (e.g., BCP tests, trainings) in the organization
• Define yearly BCP plan in Jan which include the time for review & update BCMS framework
• Sharing of LL&BP; in the BCP trainings & management meeting
• Follows-up open points from BCMS review minutes
• Review on open points from BCP test lessons learnt and audit

Function: Finance
Experience Level: Associate