Job Description

Job Purpose

The Group Internal Auditor is responsible for leading the internal audit function of the conglomerate, ensuring that all operations and business transactions adhere to relevant legal and internal guidelines. This role involves providing independent, objective assurance and consulting activities designed to add value and improve the organization's operations. You will help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Role and Responsibilities

Comprehensive Planning: Collaborate with stakeholders to develop a yearly audit plan that addresses all facets of the organization's operations, ensuring alignment with strategic goals. Risk-Based Prioritization: Utilize risk assessment methodologies to identify areas prone to control weaknesses and non-compliance. This ensures audit efforts are concentrated on the most critical risks. Leading Audit Engagements: Take full ownership of audit projects, from initial scoping and resource allocation to fieldwork, evidence gathering, documentation, and the final presentation of findings. Timely Execution and Communication: Adhere to project timelines, ensuring audits are completed efficiently. Deliver clear, concise reports that highlight issues and offer actionable solutions to management and the audit committee. Evaluation of Controls: Continuously assess the effectiveness of the organization's risk management strategies and internal controls. This includes evaluating how well controls mitigate risks, whether they are consistently applied, and if they are aligned with industry best practices. Enhancement Recommendations: Propose specific enhancements to control frameworks to address identified weaknesses, reduce the likelihood of financial or operational failures, and ensure compliance with relevant laws and regulations. Monitoring Implementation: Track the progress of implementing recommended changes. Regularly report to senior management and the audit committee on the status of remediation efforts, ensuring accountability and continuous improvement. Regulatory Adherence: Verify that all business activities, from financial transactions to operational processes, are conducted in full compliance with applicable laws, industry regulations, and internal company policies. Governance Framework Assessment: Evaluate the overall governance structure of the organization. This involves assessing the roles and responsibilities of the board of directors, executive management, and key committees, as well as the effectiveness of their decision-making processes. Presentations and Discussions: Present audit findings and recommendations to senior management and the audit committee in a clear and persuasive manner. Engage in constructive discussions to ensure that the implications of the findings are fully understood and that appropriate actions are taken. Stakeholder Communication: Maintain open and transparent communication with various stakeholders, including executives, managers, external auditors, and regulatory bodies. This fosters collaboration, trust, and a shared commitment to continuous improvement.

Staying Current: Actively seek out and stay abreast of the latest industry trends, regulatory changes, and advancements in internal audit methodologies. This

ensures that the audit function remains relevant and effective in a dynamic business environment. Fostering a Learning Culture: Promote a culture of continuous learning and improvement within the internal audit team and across the organization. Encourage knowledge sharing, mentorship, and professional development opportunities. Training and Development: Provide guidance and mentorship to junior audit staff, helping them develop their skills, knowledge, and professional judgment. This builds a strong and capable audit team that can effectively address the challenges of the future. Clear and Concise Reports: Prepare audit reports that are easy to understand, focused on key findings, and actionable. Reports should be tailored to the specific audience, whether it's the audit committee, senior management, or operational managers. Leadership: Take charge of special audit projects initiated by senior management or the audit committee. These projects may involve specific areas of concern, such as emerging risks, new business initiatives, or potential fraud. Investigations: Conduct thorough investigations into suspected fraudulent activities, financial irregularities, or ethical breaches. This requires a meticulous approach to evidence gathering, interviewing, and analysis. Qualifications and Education Requirements Bachelor's degree in a relevant field of study Qualified Internal Auditor Years of Experience: 15-20
Industry / Sector: Retail/ Food Manufacturing

Previous Job Role / Field:

Internal Audit Manager
Job Types: Full-time, Permanent

Pay: Up to AED40,000.00 per month

Education:

Bachelor's (Preferred)
Experience:

Operational audit : 10 years (Preferred) Retail industry internal audit : 3 years (Preferred)
License/Certification:

CIA (Preferred)
Location:

Dubai Knowledge Village (Preferred)
Willingness to travel:

* 50% (Preferred)