Senior Advisor - Internal Audit

KPMG in Kuwait; Kuwait City; On-site; KWD 9,000 - 15,000; Full time

Job summary

KPMG in Kuwait is seeking an experienced Internal Auditor to join the Internal Audit, Risk and Compliance team. The role focuses on developing Risk and Controls Matrices, conducting risk assessments, and drafting audit reports for various business areas in Kuwait.

Ideal candidates will have 3–4 years in internal audit/ERM, a degree in accounting, and may benefit from English/Arabic bilingual abilities. The team encourages growth and professional development within a global network.

Qualifications

• Minimum Degree in Accounting or equivalent (CIA, CA, ACCA, CPA, CMA).
• 3-4 years of professional internal audit, Enterprise Risk Management and/or Risk Assurance experience with a minimum of 2 years in a Senior capacity.
• Bilingual in English and Arabic is an added advantage.

Responsibilities

• Independently develop RCMs (Risk and Controls Matrices) covering various business areas and support functions.
• Able to effectively define scope of work and internal audit procedures.
• Perform risk assessments by understanding, documenting processes, identifying risks and controls, evaluating them and identifying weaknesses in governance, risk management and controls.
• Constantly reviews work products performed by junior team members to ensure quality.
• Effectively draft internal audit reports of findings, implications and recommendations.
• Assist in development of ERM practices, including development of a risk management framework, risk assessments and control monitoring.

Skills

Internal audit

Risk assessment

Stakeholder communication

Education

Bachelor's degree in Accounting

Tools

ERP systems

Job description

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.

KPMG firms operate in 138 countries and territories with more than 276,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.

KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit kpmg.com/governance.

For more detail about our structure please visit: https://home.kpmg/xx/en/home/misc/governance.html

20 years of excellence

KPMG has been operating in Kuwait for more than two decades through its member firms KPMG Al-Qenae & Partners and KPMG Advisory W.L.L., providing Audit, Tax and Advisory services.

By enhancing agility, strengthening connectivity and investing in key talent and technology, we are building a future-focused organization that can help tackle critical challenges through trusted insight, advice and analysis.

Local expertise backed by global pedigree

With ~250 employees and 10 partners based in Kuwait, KPMG Kuwait is part of and draws insight from a larger network of KPMG member firms operating in 138 countries and territories with 276,000 partners/employees — ready to help clients navigate complexities that transcend borders.

Making impact matter

KPMG strives to drive positive change — collaborating with and advising key public, private, as well as for- and not-for-profit organizations — to enable progress, prosperity and sustainability that can help build a better world for future generations.

Department: Internal Audit, Risk and Compliance services

Education

Minimum Degree in Accounting or equivalent (CIA, CA, ACCA, CPA, CMA). Certification in Risk Management would be an added advantage.

Experience

Must have 3-4 years of professional internal audit, Enterprise Risk Management and/or Risk Assurance experience with a minimum of 2 years in a Senior capacity.

• Is a self-starter and able to work independently; ensures work is accurate and completed in a professional manner.
• Bilingual in English and Arabic is an added advantage.
• Strong analytical, critical thinking, and problem-solving skills with the ability to apply conceptual frameworks to new and unique situations.
• Strong general business knowledge and understanding of financial statements and operational processes.
• Good understanding of regulatory requirements (Labor Law, CMA regulations, CBK regulations, Company Law)
• Effective communication skills (verbal and written) with a stakeholder-focused orientation and the ability to listen, understand and customize communications to the stakeholders’ benefit.
• Well-developed time management, and ability to effectively manage competing priorities.

Job Responsibilities

• Independently develop RCMs (Risk and Controls Matrices) covering various business areas and support functions.
• Able to effectively define scope of work and internal audit procedures.
• Perform risk assessments by gaining an understanding of, and documenting the respective business processes, identifying risks and controls inherent in those processes, evaluating them and identifying control deficiencies/opportunities for improvement; evaluates control effectiveness through transaction testing; and performs substantive audit procedures; and identify weaknesses in governance, risk management and controls processes.
• Constantly reviews work products performed by junior team members to ensure quality.
• Effectively draft internal audit reports of findings, implication and recommendations.
• Assist in development of ERM practices, including development of a risk management framework, performing risk assessments, determining overall risk capacities and appetites, developing risk ranking criteria, identifying risks, risk responses and controls, quantifying risk exposures, communicating risk results, monitoring controls, identifying Key Risk Indicators and management oversight.