Internal Audit & Risk Management Officer

The Internal Audit & Risk Management person would be responsible for overseeing and managing a portfolio of audits & Risk Management. The role involves assessing internal controls, risk management processes, financial reporting, and ensuring compliance with legal and regulatory standards. This individual will play a critical role in safeguarding the company’s assets, driving operational efficiency, and ensuring adherence to company policies and industry standards.Key Responsibilities- Audit Planning & Strategy:• Participate in building the annual internal audit plan in collaboration with senior management, ensuring alignment with the organization's objectives and risk profile.• Participate and lead in discussions with management and senior stakeholders on Enterprise Risk Management.• Participate in risk assessments to identify key areas of concern and prioritize audits & risk activities accordingly.- Delivery:• Participate and lead to deliver the audits and ERM activities.• Perform audits of financial, operational, compliance, and IT-related areas in both the corporate and software-specific sectors.• Evaluate the adequacy and effectiveness of internal controls, risk management practices, and corporate governance processes.- Compliance & Regulatory Oversight:• Ensure the company complies with relevant local and international regulatory frameworks, Data Protection Regulation, and industry-specific standards.• Monitor and report on the effectiveness of compliance programs and internal control procedures.- Reporting & Communication:• Prepare detailed audit reports summarizing findings, risks, and recommendations.• Prepare, evaluate and present ERM plan & findings.• Present audit results and provide actionable insights.• Work closely with stakeholders to discuss audit results and drive the implementation of corrective actions.- Continuous Improvement:• Identify areas for improvement in internal controls, audit processes, and risk management.• Recommend and implement best practices to enhance efficiency and effectiveness in the internal audit function.• Stay updated on industry trends, emerging risks, and new audit methodologies relevant to the software and GCC sectors.- Collaboration with External Auditors & Stakeholders:• Act as the primary point of contact for external auditors and regulatory bodies during audits and reviews.• Collaborate with other departments such as finance, legal, compliance, and IT to understand operational challenges and address audit findings.• Regular interactions with senior leadership for ERM.- Business Continuity Plan:• For situations triggering BCP, call for emergency meeting with the Control Authority /BCP members, identify control actions required and track them to closure.• Organizes BCM committee meetings.• Define BCMS organization.• Implementation of BCMS tasks (e.g., BCP tests, trainings) in the organization.• Define yearly BCP plan in Jan which include the time for review & update BCMS framework.• Sharing of LL&BP in the BCP trainings & management meeting.• Follows-up open points from BCMS review minutes.• Review on open points from BCP test lessons learnt and audit.