Zahid Industries is seeking an Internal Auditor to perform internal audits and assist with reporting. Responsibilities include planning audit assignments, reviewing asset safeguards, ensuring regulatory compliance, and preparing audit reports. Ideal candidates hold a B.COM in Accounting/Finance and have 1-2 years of relevant experience, preferably in an international audit firm. Strong financial acumen and data analysis skills are essential, while a driving license is also required. Proficiency in English is essential, and Arabic is desirable.
Qualifications
Minimum of 1-2 years as a member of an international audit firm or internal auditing department.
Experience in finance department of a reputed organization.
Driving License is required.
Responsibilities
Perform internal auditing of company activities.
Plan audit assignments based on risk-based auditing principles.
Review financial and operating information for reliability and integrity.
Ensure compliance with company policies and regulations.
Prepare audit reports and follow up on recommendations.
Skills
Financial Acumen
Risk Assessment
Data Analysis
Education
B.COM (Accounting/Finance/IS) degree
Certified Internal Auditor or Certified Information Systems Auditor
Job description
To perform the internal auditing of company activities under the guidance and direction of the Senior Auditor and assist in the preparation of audit reports.
Key Accountabilities
Plan audit assignments based on risk‑based auditing principles.
Review the means of safeguarding company assets (tangible and intangible) and verifying the existence of such assets.
Review the reliability and integrity of financial and operating information and the means used to identify, measure, classify and report such information.
Review the systems established to ensure compliance with those policies, plans, procedures, laws and regulations, which could have significant impact on operations and reporting on whether the organization complies.
Review economy and efficiency with which resources are employed: review financial activities and other operations of the company including Systems/IT, Production, Engineering, Marketing/Sales and Human Resources/Personnel; and report recommendations to eliminate duplication, waste, red tape and bureaucracy.
Prepare the audit interim report and follow up on the communication of the final report and subsequent actions taken towards the recommendations made.
Any other responsibility assigned by IAD Management
Knowledge, Skills and Aptitude
Educational Qualifications and Certifications: B.COM (Accounting/Finance/IS) degree or planning to pursue Certified Internal Auditor or Certified Information Systems Auditor or other certifications in internal auditing, internal controls or IT security (relaxable for candidates with a good aptitude for internal auditing and with higher relevant experience).
Knowledge: regulatory requirements, processes, and technology continue to undergo constant transformations, audit professionals must adopt a forward‑thinking mindset when delivering assurance and advisory services.
Technical Skills: Financial Acumen, Risk Assessment, and Data Analysis
Language Skills: Arabic is desirable. English is essential
Experience : Minimum of 1-2 years as a Member of International Audit firm or an internal auditing department or finance dept. of reputed organization, with exposure to best practices in risk management, control and governance process. Holds a Driving License.
Key Interactions
Key Internal Contacts:
Internal Audit Team
Audit clients – Line Managers in charge of Different processes and business unit