Internal Audit

İşin təsviri

Responsibilities:

Internal Audit Planning and Approval:

• Develop comprehensive internal audit plans in accordance with regulatory requirements, organizational objectives, and risk assessments. 
• Present internal audit plans to the authorized management body for approval, ensuring alignment with organizational priorities and resource allocation. 

Audit Execution and Oversight:

•  Conduct independent and objective audits of all areas of the organization's activities, including operations, financial reporting, compliance, and risk management. 
• Ensure that audit activities are conducted in accordance with established audit standards, methodologies, and procedures, while maintaining independence from day-to-day operational and control functions. 
• Identify and assess risks, control weaknesses, and compliance deficiencies through interviews, documentation reviews, and testing procedures. 

Reporting and Recommendations:

• Prepare comprehensive audit reports detailing audit findings, violations, deficiencies, and recommendations for improvement. 
• Present audit reports to the governing bodies of the organization at least once a year, highlighting key findings, recommendations, and the status of their implementation. Collaborate with management and stakeholders to develop action plans for remediation of identified issues and monitor progress towards resolution. 

Compliance with Legal and Regulatory Requirements:

• Ensure compliance with the Law of the Republic of Azerbaijan "On Internal Audit" and other relevant laws, regulations, and industry standards governing internal audit activities. 
• Stay abreast of changes in regulatory requirements and industry best practices to ensure the effectiveness and relevance of internal audit processes. 

Scope of Audit Function:

•  Include all areas of the organization's activities within the scope of internal audit, including activities performed using the services of external parties or vendors. 
• Collaborate with external auditors, regulatory agencies, and other relevant parties as needed to facilitate audit activities and ensure comprehensive coverage. 

Qualifications:

• Bachelor's degree in finance, accounting, business administration, or a related field; master's degree or professional certification in internal audit preferred. 
• Minimum of 5 years of experience in internal auditing, risk management or related field, preferably in a regulated environment. (Ages 25 and over) 
• Strong knowledge of internal audit principles, methodologies, and best practices, as well as regulatory requirements governing internal audit activities. 
• Excellent analytical skills, with the ability to assess complex situations, identify risks, and develop practical solutions and recommendations. 
• Effective communication and interpersonal skills, with the ability to communicate audit findings and recommendations clearly and persuasively to diverse audiences. 
• Proven ability to work independently, prioritize tasks, and manage multiple projects simultaneously in a dynamic and fast-paced environment. 
• Commitment to upholding high ethical standards, integrity, and professionalism in performing internal audit activities. 

Token Azerbaijan LLC tərəfindən digər vakansiyalar

• Senior Risk Management Specialist