Monday, August 27, 2012

Required Compliance Analyst - Alghanim Industries in Kuwait

Alghanim Industries, named one of Hewitt Associates’ Best Employers in the Middle East and one of Asia’s Best Employer Brands, is one of the largest,privately-owned companies in the Gulf region. We are a multi-billion dollar, multi-national conglomerate with more than 30 businesses and operations in 40countries. We place a high value on commitment and investment in our people who contribute to the continued growth and vitalization of our business.Renowned for our progressive business culture and management philosophy, we consider finding and developing talented and energetic people the key to our continued success.

Key facts and figures about us:

- We deal with over 300 global brands and agencies
- We have established strongholds in the Middle East, India and Turkey with operations currently extending to Eastern Europe, Africa, East and Southeast Asia
- We are a market leader in almost every major business in each major geography that we operate
- We employ approximately 12,000 employees from across 64 nationalities
- We have a long history of success built upon the early adoption of global best practices
- We are a highly-respected family and brand name in the region

Job Purpose

The Compliance Analyst is primarily responsible for the delivery of one or more concurrent investigation assignments throughout the Group’s various business activities both in Kuwait and overseas. This includes, among others, the resourcing and administration of assignments from beginning to end and includes draft report preparation, in accordance with departmental procedures. The incumbent should represent the department in a professional manner at all times, abide by professional standards as laid down by the ACFE and IIA, and seek every opportunity to follow the principles articulated in the department’s vision and objectives.

Key Accountabilities

• Delivery of investigation assignments in accordance with departmental procedures. Specifically; under adequate supervision, defining the work plan, summarizing the findings, interviewing suspects to determine duplicity, and recommending appropriate management actions to be taken.
• The preparation of working papers in accordance with departmental procedures and best practice.
• Liaison with line management, legal counsel and authorities on a regular or need to know basis, keeping them abreast of progress for cases under management.
• Preparing the draft Investigation Report for the Manager / Senior Manager’s / Director’s review and finalization.
• Detailing all findings, factual content, context and agreed actions to be taken with relevant operations management.
• Participating in the regular companywide fraud risk assessment process.
• Influencing the strengthening of business processes and controls through the sharing of best practices.
• Assisting in the detection and prevention of fraud, sharing avoidance strategies and helping to create a centre of fraud prevention excellence.
• Raising fraud awareness and encouraging others to report incidents of fraud or concerns in accordance with the Group’s Policy for the Prevention, Recording and Reporting of Fraud.
• Managing Fraud Hotline to include receiving and logging hotline calls.
• Maintaining the highest standards of confidentiality.

Skill, Knowledge and Experience Required
- Qualified Accountant – CPA, CA, and ACCA preferred, but not required. Undergraduate in Psychology, sociology or Criminology will be an added advantage, but not required
- Knowledge of Arabic is highly preferable and those candidates who are bilingual in English and Arabic may receive a waiver for the education and experience requirements
- 1 to 3 years of audit, compliance, investigation, or related and/or relevant business experience that will be valuable to the Group Compliance Department’s overall achievement of its objectives
- International exposure
- Some Knowledge of International Financial Reporting Standards, IIA Audit Standards, ACFE Standards
- Good understanding of Corporate Governance requirements
- Some Knowledge of Fraud risk assessment methodologies and mitigation techniques
- Internal control documentation & evaluation
- Investigative techniques and practices

Apply Online

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