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Shuwaikh Gate Holding Company was established as a Kuwaiti shareholding company in 2004 for the purpose of undertaking various activities and projects inside Kuwait and countries of the GCC region.
The company—whose endeavors are in line with provisions of Islamic Sharia’a Law—owns stock in both Kuwaiti and foreign shareholding companies. In addition to owning stock in limited liability companies, either local or foreign, Shuwaikh Gate participates in the founding, management, financing, and the providing of third-party insurance to such companies. Shuwaikh Gate also provides financing and third-party insurance to the companies in which it owns stock, in which case, the holding company comprises at least 20 percent of said company’s capital.
Shuwaikh Gate Holding Company also owns the rights to industrial properties such as patents, commercial trademarks, blueprints, and any other related rights and lends these rights to other companies to utilize either inside Kuwait or outside the country.
Additionally, the company has the assets and real estate necessary to carry out its activities within the permitted legal parameters. Any surplus is reinvested in funds that are run by specialized companies who possess the expertise in their field.
- Conduct risk-based audits of financial, operational, and compliance processes to ensure adherence to company policies and regulatory requirements.
- Develop and execute a comprehensive audit plan, including the identification and assessment of key risks and controls.
- Prepare detailed audit reports with findings, recommendations, and action plans for management review.
- Monitor the implementation of audit recommendations and follow up on corrective actions.
- Evaluate the effectiveness of internal controls and identify areas for improvement.
- Collaborate with management to develop and implement best practices and internal controls.
- Stay updated on industry trends, regulatory changes, and best practices in internal auditing.
- Assist in the preparation of audit committee reports and presentations.
- Provide advisory services on risk management and internal controls to various departments.
- Conduct special investigations as needed and provide timely reporting to senior management.
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field. CIA, CPA, RMP certification is highly desirable.
- Minimum of 5 years of experience in internal auditing, preferably within a publicly listed company.
- Strong understanding of auditing standards, regulatory requirements, and internal control frameworks.
- Proficiency in audit software and Microsoft Office Suite.
- Exceptional analytical and problem-solving skills with a keen attention to detail.
- Excellent written and verbal communication skills, with the ability to present findings clearly and concisely.
- Strong interpersonal skills and the ability to work effectively with all levels of the organization.
- High level of integrity, professionalism, and confidentiality.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Knowledge of the Kuwaiti regulatory environment
hr@shuwaikhgate.com
