SENIOR INTERNAL AUDITOR

Role Overview

Senior Internal Auditor at ADNOC. The role is based at ADNOC locations, including potential field visits to operating sites.

Role Purpose

Perform assigned audit engagements from start to finish, inclusive of preplanning and wrap-up activities. Apply risk and control concepts to scenarios encountered and identify potential issues. Assist in periodic risk assessments, development of risk-based work plans, and reporting to the Audit Committee and Senior Management on internal audit activities, performance, significant risk exposures, controls and governance issues.

Key Responsibilities

Professional Ethics & Governance

• Participate in initiating and promoting the establishment and continuous improvement of the Corporate Governance Framework including Enterprise Risk Management, Corporate Code of Conduct, Ethics and Values.
• Provide professional advice on Group Companies' Audit Committee Charter, Internal Audit Charter and Internal Audit Methodology and Procedures.
• Provide assistance in the establishment of Group Audit Committees and Internal Audit functions and related governance when assigned.

Audit Planning

• Assist in the development of the Annual Audit Plan based on results of risk assessment exercises.
• Provide input for periodic reporting on audit activities and performance relative to plans, significant risk exposures, control and governance issues and other related matters.
• Develop process understanding of assigned business processes and determine business objectives, main functions, nature of activities, potential risks and controls to be reviewed.
• Develop detailed audit programs and Risk and Control Matrices for assigned audits including objectives, potential risk, key controls, audit procedures and use of audit techniques and tools to evaluate governance, risks and controls processes.
• Submit audit programs for review and approval.
• Identify high-risk areas and key control points of systems to be reviewed.

Audit Execution

• Assist auditors in the examination and analysis of records through executing audit program steps for assigned audits.
• Determine auditing procedures to be applied, including the use of Information Systems Audit Techniques, statistical sampling methods or others.
• Ensure that adequate working papers and all relevant information are continuously documented and updated in the automated Audit Management System in accordance with pre-defined templates and audit procedures.
• Perform audits in accordance with approved audit programs and ensure audit objectives have been met to support audit conclusions and results.
• Identify, obtain, analyse and appraise related systems and evidentiary data and information.
• Prepare working papers which record and summarize data on assigned audits and results of audit examination.
• Ensure that approved audit objectives have been met with adequate coverage of all relevant areas.
• Ensure that sufficient appropriate audit evidence is obtained to support conclusions and recommendations.
• Ensure that work has been performed in accordance with professional audit standards.
• Evaluate the system's effectiveness based on business and audit experience and modify the scope of review, if necessary, with approval of Team Leader or Department Manager.
• Perform audits in accordance with approved Risk and Audit Control Matrices and professional standards on internal auditing.
• Supervise audits performed by Internal Auditors in accordance with approved Risk and Audit Control Matrices and professional standards.
• Participate in conducting special reviews and undertake administrative duties as directed by Head of Internal Audit.
• Ensure that tasks assigned to junior staff are adequately performed and deliverables are in accordance with ADNOC Internal Audit procedures and quality standards.

Audit Follow-up & Recommendations

• Appraise the adequacy of corrective actions taken by management on audit recommendations through follow-up audits.
• Periodically review and update the status of management action plans.
• Follow up on replies to issued draft and final audit reports.
• Review the adequacy of corrective actions taken on audit recommendations and improvement options.

Audit Reporting

• Prepare audit reports with conclusions, expressing professional opinions on the adequacy and effectiveness of risk management, control systems and the efficiency with which activities are carried out.
• Recommend improvement options to rectify reported deficiencies for Team Leader or Department Manager review.
• Recommend practical improvement options corresponding to observations with the objective to contribute to the improvement of governance, risks and controls processes to assist in achievement of company business objectives.

Coordination & Stakeholder Management

• Assist Audit Management in arranging Audit Committee meetings, preparing agendas and minutes of meetings.
• Report on Corporate Governance Framework, General Controls and other related issues as prescribed in the Audit Committee Charter.
• Conduct workshops or presentations to create awareness about Internal Audit function and demonstrate value addition across ADNOC.
• Communicate identified issues with Internal Audit management to ensure potential high-risk areas of concern are addressed in a timely and effective manner.
• Coordinate audits with the concerned Function VP.
• Maintain regular contact with operational-level management within all auditable departments throughout ADNOC.
• Maintain frequent contact within ADNOC at all levels of Management up to SVPs with respect to audit programs, conduct of audits, audit reports, findings and recommendations.
• Maintain regular contact with Management within assigned ADNOC Group Companies up to Manager level regarding Group Company audits.
• Maintain regular contact with Internal Audit Service Providers to coordinate audit activities when required.
• Maintain regular contact, as required, with Abu Dhabi Accountability Authority regarding government audits.
• Maintain regular contact with ADNOC External Auditors and other assurance providers to ensure adequate audit coverage and minimize duplicate efforts.
• Maintain regular contact with ADNOC Group Companies' Internal Audit Managers with respect to knowledge sharing of audit standards, frameworks, methodologies, policies, processes and coordination across ADNOC Group Companies.

Innovation & Continuous Improvement

• Participate in the development and implementation of the automated Audit Management System.
• Participate in initiating and coordinating Group-wide specialized professional training programs.
• Conduct research and benchmarking to resolve audit issues, identify gaps and support Internal Audit function.
• Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
• Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards to define intelligent solutions for issues confronting the function.

Supervision & Team Development

• Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
• Train and develop assigned staff on relevant skills to enable them to become proficient on the job and deliver respective section objectives.

Budget & Performance Management

• Provide input for preparation of Section and Department budgets.
• Assist in implementation of approved budgets and work plans to deliver Section objectives.
• Investigate and highlight any significant variances to support effective performance and cost control.
• Contribute to the achievement of approved Performance Objectives for the Section and Department in line with the Company Performance framework.

Compliance & Standards

• Implement approved Section and Department policies, processes, systems, standards and procedures in order to support execution of the Section's and Department's work programs in line with Company and International standards.
• Comply with relevant Health, Safety, Environment and Sustainability policies, procedures and controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
• Provide inputs to prepare Section Management Information System reports and progress reports for Company Management.

Participation in Advisory Committees

• Participate in special committees to provide independent and objective professional advice and consultancy services.

Qualifications & Experience

Education

• Bachelor Degree in Finance, Auditing or relevant discipline.

Experience

• 8 years of relevant experience in internal auditing, with varied experience in oil and gas operations and their inherent challenges and risks in the context of corporate function.
• Familiarity with the International Professional Practices Framework and other standards and their interpretation and application to Internal Auditing practice.
• Experience in managing and tracking time for different Internal Audit related activities.

Professional Certifications

• Audit Certifications such as CA, CPA, CIA, CISA, ACCA or CIMA.

Skills & Competencies

• Proficiency in utilising various business applications to gather and verify information with guidance.
• High interpersonal skills in line with the Corporate Role that requires interaction with all levels of Management in ADNOC and the Group Companies.

Additional Information

Work Environment

• Normally in air-conditioned environment; however exposed to prevailing weather conditions while in operating sites and during field visits.

Physical Effort

• Minimal.

Job Family

• Governance and Audit.