Job Purpose Involves providing support to the Group Internal Audit function within the organization. This role contributes to ensuring that the organization's operations are conducted efficiently, effectively, and in compliance with applicable laws, regulations, and internal policies.
Roles, Responsibilities, Duties Conducting Internal Audits Contribute to the creation of detailed audit plans outlining the scope, objectives, and methodologies for conducting audits across various functional areas. Contribute and occasionally lead the conduction of thorough examinations of financial records, operational processes, and internal controls to assess their effectiveness. Analyze audit findings to determine root causes of issues and assess their potential impact on the organization. Contribute to the documentation of audit findings, observations, and recommendations in clear, concise, and well-organized audit reports.
Report on IA Findings Contribute to the reporting of significant issues related to the processes of Group and its Subsidiaries, including potential improvements of those processes and how effectively the system of controls works to protect the organization’s interests.
Monitoring Audit Observations Contribute to the monitoring of audit observations and ensuring that management actions for significant observations or recommendations have been effectively implemented or that senior management has accepted the risk of not acting.
Qualification:Bachelors’ degree in Accounting, Business, Finance or related field. Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or any other relevant certification is considered a plus.
Experience and Competencies:3 to 5 years of experience in the internal audit field as a minimum. Experience in Investment or Holding/Conglomerate companies preferred. 1 year of UAE experience as a minimum. Audit: Basic knowledge of auditing principles, practices, and standards Good knowledge of the internal audit process to assess the adequacy and effectiveness of internal controls.
Regulatory knowledge: Basic knowledge of relevant laws, regulations, and industry standards applicable to the organization.
Analytical Skills: Good analytical and problem-solving skills to evaluate complex issues, assess root causes, and develop practical recommendations. Critical thinking and ability to identify and assess root causes.
Communication Skills: Clear and concise communication skills to convey messages effectively.