Department: Audit & DMS

POSITION SUMMARY

This position is responsible for independent and objective assurance and consulting services that is aimed to assist Internal Audit Director to achieve the business objectives through bringing a systematic and disciplined approach to evaluate and improve the governance process, risk management and control activities; to ensure timely and effective closure of audit outcomes and support continual improvement within organization.

JOB DUTIES

• Perform day-to-day tasks, audit engagements, investigation timely and accurate and reports the results to Internal Audit Director at the absence of Internal Audit Manager. 
• Provide high quality, professional day-to-day execution of internal audit engagements and projects in line with IIA (Institute Internal of Auditors), ISO Lead Auditor Qualification etc., standards
• Monitors accomplishment of objectives directed toward increasing IA's ability to serve management in a professional, efficient and effective manner
• Manage identification of activities subject to audit coverage, evaluates their significance and assesses the degree of risk inherent in the activity in terms of materiality, cost and schedule
• Assess the organization’s risk profile and develop audit programs, audit reports upon audit results, client responses and review of working papers
• Ensure timely and effective closure of audit outcomes and support continual improvement within organization
• Evaluate the effectiveness of the internal controls and business processes designed to help management achieve operational, reporting, compliance, and strategic objectives
• Assess compliance to company rules, ethics policies, contracts, and administrative policies and procedures etc.
• Complete projects to assist management in improving organizational efficiency and effectiveness, and to minimize organizational risk, including the integration of leading practices and innovative business strategies
• Conduct business process reviews to both assess the efficiency and effectiveness of operations as well as evaluate the design and operating effectiveness of internal controls over the business cycles
• Monitor and assess the accuracy of the financial statements
• Achieve the required level of professional training for certifications and to comply with auditing standards
• Effectively communicate audit findings via meetings and email distributions with all required levels of the organization
• Leads discussions to obtain detailed understanding of business or functional area processes
• If deemed necessary to judge against the criteria of the applicable standards
• Provision of Internal Audit KPI reports, Statistical Reports, reports to the Internal Audit Director
• Lead and oversee the planning, execution, and reporting of audit engagements across various business units and functions.
• Manage, mentor, and develop a team of auditors, fostering a culture of continuous improvement and professional growth.
• Assign and prioritize audit tasks, ensuring efficient allocation of resources.
• Act as the primary liaison between the internal audit department and senior management, external auditors, and regulatory bodies as per instruction of Internal Audit Director
• Develop strong and productive working relationships with process owners within organization to challenge existing methods of work and suggest suitable alternatives for improvement
• Play role of delegation authority in absence of Internal Audit Manager and reports directly to Internal Audit Department
• Prepare team members development plans by identifying training needs in this regard
• Share knowledge and experience with team members and improve their skills and capabilities
• Review and finalize audit reports, ensuring accuracy, clarity, and alignment with audit objectives.
• Review drafted Annual Audit Plan and prior to submission to department head
• Conduct business process reviews to both assess the efficiency and effectiveness
• Effectively communicate audit findings via meetings and email distributions with all required levels of the organization
• Leads discussions to obtain detailed understanding of business or functional area processes
• Monitor the implementation of corrective actions and follow up on the resolution of audit findings.
• Provision of Quality KPI reports, Statistical Reports, reports to Internal Audit Director

REQUIREMENTS 

Functional

EXPERIENCE:

• Minimum 5-7 years experiences in internal/external audit department in local and multinational companies.
• Experience in auditing specific functions (e.g., procurement, finance, tax, operations, maintenance, health&safety&environment, production) is strongly required.
• Proven track record of leading audit engagements and managing audit teams.
• University degree, preferably in economics, business administration or technical science/project management, finance & audit.
• Master’s degree is preferred.

LANGUAGE SKILLS:

• Advanced level of Azerbaijani and English
• Proficiency in English business language, essential for writing audit reports, communicating with stakeholders and understanding company documentations.
• Knowledge of additional languages is an advantage.

TECHNICAL SKILLS:

• To be able to determine the engagement resources allocation and provide input into the overall resources’ allocation for the IAA in respect of individual engagements
• Strong understanding of entire flow of audit, reporting, investigation process
• Evaluate the internal control environment, and assess its adequacy for the needs of the organization
• Oversee the development of the engagement work program in the light of the analysis of business processes and units

EDUCATION & TRAINING NEEDED

• CIA Certificate (Part 1&2 is required, Part 3 is a strong advantage) - Certified Internal Audit under IIA
• ACCA - Association of Certified Chartered Accountants
• ISO 9001:2015 Lead Auditor Certificate preferable
• COSO certificate
• CRMA Certificate - Certification in Risk Management Assurance

APPLICATION PROCEDURE

Interested candidates should follow the link in the Apply for job button.

The above vacancy is addressed to nationals of Azerbaijan or with permanent residency in Azerbaijan. All eligible applications for the advertised post will be assessed and given equal opportunities.