Reports to: Group Head of Internal Audit

Category: FTE

Location: Beirut

Number of Openings: 1

JOB PURPOSE

Execute the assigned annual audit plan through conducting the internal audit projects.

KEY ACCOUNTABILITIES

Risk Assessment & Audit Plan 

Assist the Group Internal Audit team in preparing a risk assessment and a structured audit plan to ensure audit coverage of all significant activities over an annual cycle for specific entities.

Audit Execution

• Perform audits in compliance with the Internal Audit department policies and procedures.
• Ensure that audit work is planned, executed and communicated in an effective manner within the time budget approved by the Group Head Internal Audit.
• Perform fact-gathering and analysis, in a thorough, accurate and organized manner.
• Prepare and develop the audit work programs.
• Complete testing of audit steps listed in the audit work programs reviewed by the Group Head Internal Audit.
• Ensure audits address key high risks.
• Consistently update the Audit Project Lead on the progress of the audit and promptly report any difficulties encountered.
• Conduct and participate in kick-off, status and exit meetings.
• Identify internal control deficiencies and develop recommendations to address those deficiencies.

Audit Reporting

• Draft the audit reports and ensure they contain all relevant findings with their classifications and implications, practical recommendations, and audit rating for each report.
• Conduct follow-up audits to assess the status of the implementation of the internal audit recommendations and report accordingly.

Ad-Hoc Projects

• Perform other special tasks (such as projects pertaining to fraud investigation, due diligence, Ad-Hoc, consultancy, specific compliance, activities with external auditors & tax consultant, and delivery of workshops to FPIG entities as instructed by the Group Head Internal Audit.

Internal Relationship 

• Initiate and develop strong relationships with stake holders.
• Participate in the periodic Internal Audit meetings.
• Encourage all members of the engagement team to be involved in the sharing of information.

 Admin tasks

• Assist the Group Head Internal Audit in the administrative tasks related to the IA department.

 SPAN OF Communication

• Internal: FPIG functional and geo-market managers
• External: External Auditors, Financial & Government Institutions

Job relevant information (BOUNDARIES & DECISION-MAKING AUTHORITY)

•  The authority of the role is in accordance with the authority matrix for Internal Audit Function.