Company : Oreedoo
Contact Phone :
Job Description :
ROLE CONTEXT
Purpose
To conduct and/or manage simultaneous complex different assignments of the internal audits, investigations and advisory activities for Ooredoo Group LLC (OG) and Ooredoo special purpose vehicles (SPVs). These different activities involve managing or conducting different performance, operational, financial, compliance audit projects and consulting services for management and staff, ensuring the work is carried out with professional care and in accordance with the appropriate standards.
Context
Ooredoo Group LLC is a wholly owned subsidiary of Ooredoo Q.S.C. which performs management services for the Group operating companies (OPCOs) and working to leverage scale, provide governance, guidance & advice, share best practices, drives innovation, orchestrate major programmes, and generate synergies across all OPCOs. It also works towards managing Ooredoo Q.S.C or OPCO investments and subsidiaries/ OPCO by enhancing the capacity, capability and cohesiveness of the Group's international operations. There are also various SPVs within the Group in which Ooredoo has an equity stake and which support further investments and growth or which Ooredoo uses as a pure investment vehicle. These SPVs are also managed by OG.
This role will assist the Assistant Director Ooredoo Group Internal Audit in carrying out internal audits for OG and SPVs.
ROLE ACCOUNTABILITIES
Overview
A. Audit
Undertake the identification and evaluation of audit risk areas in OG and SPVs through a risk-based audit methodology and assist in the preparation of the annual OG audit plan based on the identified risks and in consultation with the Management, Regulatory and Compliance requirements, and External Audit;
Manage and/or carry out financial and operational audits and review the work performed to ensure the adequacy of audit scope, the adequacy of testing performed, and the accuracy of conclusions reached;
Manage resource planning and requirements for the different audit assignments and special assignments;
Manage the audit assignments progress and escalate any showstoppers to the Assistant Director Ooredoo Group Internal Audit for the intervention;
Ensure that audit procedures are strictly adhered to, including identifying and defining issues, developing criteria, reviewing and analysing evidence, and documentation of financial and operational processes and procedures;
Oversee and manage the work of the audit staff in conducting interviews, reviewing documents, developing and administering audit surveys, composing summary memos, and preparing working papers or audit operations;
Review the audit programs to ensure the appropriate testing mechanisms, execute the audit program, recognize control weaknesses, assess the materiality of these weaknesses, and relate them back to the scope and objectives of the audit;
Review and manage the work of the audit staff in identification, development, and documentation of audit issues and recommendations for improvement;
Communicate the results, findings and recommendations of audit projects through written reports and face-to-face presentations on a timely basis to the management, GCAE, and if necessary to the Board of Directors as instructed by the GCAE;
Follow up the implementation of audit recommendations in a timely manner;
Interact with staff, section heads, department directors and managers and when necessary with executive management in order to obtain and/or communicate relevant information to achieve the objective/s of the OG Internal Audit;
Maintain all organisational and professional ethical standards and ensure internal audit activities are carried out in compliance with International Standards for the Professional Practice of Internal Auditing (Standards) and IIA Code of Ethics;
Support the Assistant Director Ooredoo Group Internal Audit in coordinating with the external auditors and facilitate their fieldwork in the Company.
B. Consulting
Manage and/or carry out consulting engagements related to OG operations if asked to do so by the Group Chief Audit Executive (GCAE);
Communicate the results, findings, and recommendations of consulting projects via written reports and oral presentations on a timely basis to the management, GCAE, and if necessary to the Board of Directors as instructed by the GCAE;
Manage and/or carry out the review of the policies and procedures of the company and then submitting them to the GCAE before being raised for Group Chief Executive Officer and Board of Directors approval.
C. Special Assignments and Fraud Investigations
Manage and/or carry out special audit assignments and investigations as instructed by the Assistant Director Ooredoo Group Internal Audit or GCAE;
Communicate the results, findings, and recommendations of special assignment/investigation projects via written reports and oral presentations on a timely basis to the management, GCAE, and if necessary to the Board of Directors as instructed by the GCAE.
D. Staff
Manage the work of direct reports to ensure they meet their objectives, are kept motivated and perform in accordance with their job description;
Conduct regular on the job training to ensure that direct reports have the necessary skills to undertake new or existing responsibilities;
Develop or find a Qatari successor and to perform knowledge transfer to successor;
Delegate responsibility to direct reports, in accordance with their role and ability, to ensure they are developed and maximise their potential;
Participate in the selection and interview process for the candidates as well as the assistance in the recruitment of reporting staff as required;
Perform the annual performance appraisal process for the direct reporting staff and ensure objectives set are monitored and take effective actions to address performance matters;
Manage the workload and resources management to effectively handle the different assignments in the OG internal audit department.
E. Development & Improvement Program
Develop and maintain productive team-oriented management and staff relationships through individual coaching and group meetings;
Proactively take responsibility for self-improvement by staying well informed of developments, knowledge and innovations in relevant field of expertise;
Pursue professional development opportunities, including internal and external training and professional association memberships, and shares information gained with co-workers;
Ensure continuous professional development to enhance knowledge, skills and competencies of the internal audit team.
F. Other
Develop, train and encourage fresh Qatari Graduates joining the Audit team and pass on his/her knowledge and experience to them during field work and mentor their career advancement;
Represent internal audit at OG project team meetings, management meetings, and meetings with external organisations.
Other duties as directed by the Assistant Director Ooredoo Group Internal Audit or GCAE.
Customers
Different company divisions and departments.
Planning & Organising
Prepare/Participate in the risk-based annual internal audit plans in accordance with Ooredoo Internal Audit Charter and methodology.
Problem Solving
Create solutions within the department based on analytical resources.
Communicating, negotiating & influencing
Improve the awareness of all the company's management levels and staff with the internal audit's mission, objectives, duties and responsibilities.
KEY RELATIONSHIPS DECISION MAKING
Network
This role has contact with the OG executive management when reporting and discussing audit findings. In performing audits, the role has contact with all audited at a managerial level. Externally, this role liaises with external auditors and State Audit Bureau.
Team working, coaching, guiding
Provide guidance, leadership and training to the direct report.
Decision making authority & Business impact
Role holder assist the Assistant Director Ooredoo Group Internal Audit in making decisions around the scope of an audit, identifying expansion needs when necessary, and also around reporting and the type of recommendations that are reported to the parties involved.
Qualifications
Bachelor's degree in Accounting or equivalent
Certification in at least one area (e.g. CIA, CA, CPA, etc.) is preferable.
Post-graduate qualifications in business administration or a related field or profession (e.g., IT auditing, fraud auditing, or accounting) will be viewed favourably
Experience
10 years of work experience
7 years' experience in auditing & accounting, preferably with telecommunications audit experience and audit of holding/management companies