JOB PURPOSE : Investigate complaints received related to suspected breach of laws, regulations, policies, procedures or code of conduct and reports their results and relevant reports to the Chief Compliance Officer.
Conduct evaluation of Fraud Scenario Risks and determine the appropriate fraud risk response. KEY ACCOUNTABILITIES Professional Ethics Participate in initiating / promoting the establishment and continuous improvement of the Corporate Governance Framework including Enterprise Risk Management, Corporate Code of Conduct, Ethics and Values.
Investigations Perform investigations involving allegations of irregularities, fraud, corruption and other violations of the Company’s Code of Conduct as communicated by the compliance officer / the management Collaborate / coordinate with other stakeholders (e.
g., Compliance Officer, Risk Management, Internal Audit, Legal, Employee Services, etc.) to conduct forensic and other investigation requirement to appropriate channels for investigation and resolution.
Carry out investigations in a fair, objective, thorough manner and in compliance with relevant policies and regulations.
Evaluate the adequacy and effectiveness of internal controls; identify and communicate the results of the investigation, including control deficiencies, the causes and recommendations to Operational, Legal, and Compliance and HR management.
Provide concise and timely updates to the DM Forensic Audit on the progress of investigations and deficiencies identified.
Evaluate the anti-fraud framework and provide recommendations for improvement. Follow-up with the Compliance Officer / Compliance Committee secretary over the implementation of actions arising from investigation reports Maintain a log register of all complaints and reports received, investigated and decisions taken.
Prepare clear, comprehensive and cohesive investigative reports and memoranda in a timely manner and present the findings and recommendations of an investigation to DM Forensic Audit for review.
Prepare minutes of meetings with the Compliance Committee and audit committee on compliance matters for review. Ensure that all documentations and evidences on cases and incidents investigated are maintained and kept in a secure place with access restricted only to authorized parties and proper chain of custody is maintained.
Fraud Scenario Reviews Evaluate the effectiveness of controls approved by management to address fraud risks and updates the fraud risks registers developed from the Fraud Scenario Assessment on a regular basis.
Recommend controls on identified fraud areas. Liaise with the DM Internal Audit to ensure that potential Fraud Scenarios / risk and the associated controls are reviewed during routine internal audit engagements.
Audit Reports Prepare clear, comprehensive and cohesive investigative reports and memoranda in a timely manner and present the findings and recommendations of the investigation for review and approval.
Recommend practical improvements options corresponding to the observations with an objective to contribute to the improvement of governance, risks and control processes to assist in the achievement of the company business objectives.
Ensure adequacy of the corrective actions taken on audit recommendations / improvement options. Coordination Provide assistance / consulting services to the Compliance Unit of the organisation to develop an effective fraud detection and prevention training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
Assist in providing training on investigative and fraud detection techniques and serve as resource on these issues. Support appropriate function within the organization in assessing organizational risks of misconduct and noncompliance as part of Fraud Scenario Assessment Exercise.
Perform work according to the Department’s and company’s policies, procedures and professional standards. Exercise substantial independence to raise matters of concern without fear of reprisal and objectively monitor the decisions and conduct of management.
Assist in the development and updates of the Forensic procedures, tools and methodologies. Provide professional advice on the Group Companies’ Audit Committee Charter, IA Charter and IA Methodology / Procedures and in the establishment of Group Audit Committees / IA functions and related governance.
Generic Accountabilities Supervision Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.
Budgets Provide input for preparation of the Section / Department budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.
Investigate and highlight any significant variances to support effective performance and cost control Policies, Systems, Processes & Procedures Implement approved Section / Department policies, processes, systems, standards and procedures in order to support execution of the Section’s / Department work programs in line with Company and International standards.
Performance Management Contribute to the achievement of the approved Performance Objectives for the Section / Department in line with the Company Performance framework.
Innovation and Continuous Improvement Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
Health, Safety, Environment (HSE) and Sustainability Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
Reports Provide inputs to prepare Section MIS and progress reports for Company Management. COMMUNICATIONS & WORKING RELATIONSHIPS : Internal Frequent contact with Internal Audit, Legal, Compliance, Corporate Governance, HSE, HR & Other Functions.
Frequent contact with senior divisional / departmental staff when examining complaints or discussing related reports. Regular contact with Audit Committee, Compliance Committee, CEO and all levels of management.
External Occasional contact with the Board, Abu Dhabi Accountability Authority, ADNOC, All other external entities (e.g.
OPCOs & other organizations). QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS : Minimum Qualification Bachelor’s r degree in Accounting or equivalent.
Minimum Experience & Knowledge & Skills Minimum 8 years varied experience in internal audit, audit & fraud risk assessment, investigations, case handling, management, project management and implementation, ethics and compliance or related functions Experience in oil & gas sector is an advantage Knowledge of forensic investigation tools such as EnCase would be an advantage.
High level of proficiency in English and Arabic Professional Certifications Forensic Certification is a must (e.g. CFE) Certification (at least one) e.
g. CPA, CA, CIA, CISA, CCSA, CMA, CCEP