Head Of Audit & Compliance

Dubai, United Arab Emirates

Job Description

The successful candidate will be responsible for overseeing the internal audit and compliance functions, ensuring that the organization operates in accordance with relevant regulations, policies, and best practices
  • Arabic Speaker is must due to work requirement
Key Responsibilities: 1. Internal Audit Management: - Develop and execute a comprehensive internal audit plan in line with regulatory requirements and company objectives. - Conduct risk assessments to identify potential areas of concern and establish audit priorities. - Lead internal audit teams in performing detailed audits of financial, operational, and compliance processes. - Prepare audit reports with findings, recommendations, and action plans for management review. - Monitor and track the implementation of audit recommendations and ensure their effectiveness. 2. Compliance Management: - Oversee the compliance function, ensuring adherence to applicable laws, regulations, and industry standards. - Stay updated on relevant laws and regulations impacting the company\'s operations and adapt policies and procedures accordingly. - Develop and maintain compliance policies and procedures and provide guidance to employees on compliance matters. - Conduct periodic compliance risk assessments and implement measures to mitigate compliance risks. 3. Risk Management: - Identify, assess, and mitigate operational, financial, and strategic risks to the organization. - Develop a risk management framework and monitor the effectiveness of risk mitigation strategies. - Collaborate with various departments to implement risk mitigation measures and ensure risk-aware decision-making. 4. Team Leadership: - Recruit, train, and manage a team of internal auditors and compliance professionals. - Foster a culture of compliance and continuous improvement within the department. - Provide guidance, mentorship, and professional development opportunities to team members. 5. Reporting and Communication: - Present audit findings, compliance reports, and risk assessments to the senior management team and the Board of Directors / Audit Committee - Maintain open and effective communication channels with relevant stakeholders to address concerns and provide insights. 6. Stakeholder Engagement: - Collaborate with external auditors and regulatory authorities as required. - Act as a liaison between the company and regulatory bodies to ensure ongoing compliance. Qualifications: - Bachelor\'s degree in Finance, Accounting, or related field; a master\'s degree and professional certifications (e.g., CIA, CISA, CFE) - A minimum of 15 years of experience in internal audit, compliance, and risk management, with at least 8 years in a leadership role. - In-depth knowledge of UAE regulatory requirements and international compliance standards. - Strong understanding of financial and operational processes and risk management methodologies. - Excellent leadership, communication, and interpersonal skills. - Ability to analyse complex data, think critically, and provide actionable recommendations. - Proficiency in using audit and compliance software tools. Job Type: Full-time Salary: AED35,000.00 - AED65,000.00 per month Application Question(s):
  • Do you have an experience working with public listed companies in UAE
Language:
  • Arabic (Preferred)

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Job Detail

  • Job Id
    JD1590817
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned