Lead Commercial Audit Specialist

Job Purpose

The role holder is responsible for leading and executing audits of commercial operations, identifying opportunities to enhance revenue, optimize cost, and strengthen internal controls. The incumbent contributes to audit planning, conducts risk-based assessments, and delivers professional consultation to internal stakeholders while ensuring adherence to audit standards. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Key Responsibilities:

Core Responsibilities:

• Contributes to the development of a comprehensive audit plan for the focus areas by coordinating with concerned stakeholders to identify key business areas, key functional areas and key risk areas which support the business and audit strategy.
• Participates in Commercial and Product units audit on corporate level including all functions under the related units.
• Provides audit recommendations that contribute to revenue maximization, cost saving and identifying missed opportunities.
• Provides professional consultancy services to audit client.
• Assists in the development of comprehensive Commercial audit plans and budgets to facilitate effective project management of various audit engagement projects.
• Assists in the research and presentation of proposals for new Internal Audit standards and policies, especially those relating to the Commercial and Product units audit area.
• Communicates any red flags to internal audit management and Supports the investigation in any related cases or any needed information.
• Assists in developing standards of performance for own area of focus and monitors the performance of team members during audit engagements to ensure these standards are maintained.
• Reviews business systems to help create effective internal controls in accordance with professional auditing standards and international best practices.
• Assists in monitoring the performance of the audit team on audit plan implementation for focus areas.
• Reviews and evaluates the impact and relevance of results on the audited entities to ensure clear and correct representation of findings
• Delivers completed audits and audit reports to the concerned stakeholders.
• Follow-up on the corrective actions taken after the issue of audit recommendations and comments.
• Participates in the internal audit engagement interactions with the Executive Management Liaisons with the Audit Committee, Board of Directors and Executive Management regarding focus area audit activities and findings.
• Assists in developing and delivering awareness presentations, on areas of focus, to the concerned stakeholders.
• Coordinates with external auditors and other key external bodies.

Performs other responsibilities and tasks related to the job as directed by line manager

Qualifications:

• Bachelors in (Business Administration, Finance, Accounting) or equivalent
• Masters in (Business Administration, Finance, Accounting) or equivalent is preferred

Years of Experience:

• Preferred experience of (4 - 6) years, or equivalent in the area of expertise

Preferred Professional Certificates:

• Certified Internal Auditor (CIA)

Job Specific Skills:

• Knowledge of internal audit practices and guidelines
• Knowledge of iotsquared product and services portfolio
• Negotiation skills
• Problem solving and conflict resolution skills
• Communication and presentation skills

Business Language Skills:

English language proficiency level is fluent.