Internal Audit Manager

Oman Qatar Insurance Company SAOG

Job Purpose:

We are looking for an experienced Internal Audit Manager to manage and oversee the internal Audit function, ensuring that internal controls, governance, and risk management frameworks across the company are effective and robust. The role will provide independent assurance to the Audit Committee and the Board of Directors on the adequacy of financial reporting, protection of assets, compliance with Financial Services Authority (FSA) regulations, and operational efficiency. This position plays a critical role in protecting shareholder interests, enhancing transparency, and ensuring that the company upholds the highest standards of corporate governance required of a publicly listed company.

Key Responsibilities:

• Develop and execute the annual risk-based internal audit plan, aligned with organizational objectives and approved by the Audit Committee.
• Lead and manage internal audit assignments across financial, operational, compliance, and IT areas.
• Assess the effectiveness of risk management, internal controls, and governance frameworks.
• Review IT systems, information security, and business continuity arrangements.
• Ensure compliance with company policies, FSA regulations, and governance requirements for listed companies.
• Prepare and present comprehensive audit reports with findings, risks, and recommendations to the Audit Committee and Board.
• Monitor and follow up on the implementation of corrective actions by management.
• Liaise with external auditors, regulators, and the Audit Committee on audit matters.
• Safeguard company assets by reviewing controls to prevent misuse, fraud, or inefficiency.
• Carry out any additional responsibilities as directed by the Audit Committee or the Board.