Principal Auditor EMIRATES GLOBAL ALUMINIUM (EGA)

Policies, Processes & Procedures

• Implements approved departmental policies, processes, procedures and provides instructions to subordinates (team allocated for a particular assignment) and monitor their adherence so that work is carried out in accordance with the professional standards issued by The Institute of Internal Auditors

• Maintains and continually improves standard operating procedures as well as adopting best practices applicable to the internal audit function

Day-to-Day Operations

• Implements the day-to-day operations assigned for the Internal Audit function to ensure compliance with the established standards and procedures and EGA audit methodology

Risk Assessment and Audit Plans

• Assists the Senior Manager/Associate Manager in carrying out risk assessments for the assigned area of responsibility thereby prioritising audit areas critical to the business

Audit Management

• Manages all activities related to assigned audits, including but not limited to: a) determining the audit approach including risk analysis and process mapping and finalizing the approach under guidance of the senior manager; b) conducting the testing of internal controls and reviewing the results of testing performed by team members; c) identify process improvements and cost reduction opportunities; and d) assess the adequacy of internal controls.

Staffing

• The Principal Auditor is responsible for coaching the team assigned with a view to enhancing the skillsets of the audit team.

• Ensure that the internal audit methodology is understood and applied by the team members in the day to day activity.

Documentation

• Document the work performed and review the audit work papers prepared by the team members to ensure that the audit objectives and the quality standards are met and working papers or audit files are maintained as per Internal Audit requirements.

Corrective Actions

• Recommends to process owners suitable corrective/preventive actions in order to mitigate/remediate the observations made and risks highlighted, ensuring that all accepted recommendations are given clear implementation deadlines or clearly identified as not being accepted

• Ensures that area managers and Senior Manager Internal Audit are informed in a timely manner regarding critical issues to enable quick correction and mitigation of further occurrences

• Supervises or carries out periodic follow-up of recommendations in order to report on status of implementation

Reports

• Prepares the draft audit reports as per the required format for review by the Senior Manager/Associate Manager

Management Requests and Fraud Investigation

• Conducts ad-hoc reviews based on management requests as directed by the Senior Manager or SVP Internal Audit.

• Participates in the fraud investigations as and when called upon to do so by the Senior Manager or SVP internal Audit

Safety, Quality & Environment

• Complies with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment

AUTHORITY/ DECISION MAKING:

• The Principal Auditor is required to interact and maintain effective working relationships with management of the assigned area of responsibility.