Internal Auditor | Emirates Steel

A well-known and well-reputed Company based in Abu Dhabi, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of  “Internal Auditor”.

Company Name
Emirates Steel
Qualification Bachelors Degree | Masters Degree
Experience 6 – 8 years of Relevant Experience Required
Monthly Salary 10,000 AED – 12,000 AED 
Employment Type Full  Time | Permanent
Company Size 50-100 Employees
Benefits Medical Insurance 
Location Abu Dhabi

 

 

 

 

 

 

 

General Summary

The purpose of the role is to perform audit engagements and effectively use data analysis to deliver reporting that supports internal audit plans within stipulated budgets and timelines.

Responsibilities:

  • Planning and scoping internal audit reviews, including utilization of data analytics techniques, to focus efforts on key risks to the organization.
  • Executing internal audit reviews, including developing process documentation (i.e. flow chart, narrative, and risk and control matrix) and audit procedures designed to assess the efficiency and effectiveness of the programs and controls established to mitigate risks.
  • Presenting the results of internal audit reviews to Head of Internal Audit, including practical and cost-effective recommendations for issues identified, during closing meetings.
  • Drafting internal audit reports for review by the Head of Internal Audit.
  • Provide assistance to Head of Internal Audit and participate in the completion of the company’s annual risk assessment and development of audit plan.
  • Working with Internal Audit team to identify key indicators to be measured in order to increase efficiency of audit process.
  • Using analytics tools to understand and streamline the Internal Audit process.
  • Performing data analytics using visualization tools and advanced analytics techniques to support internal audit projects.
  • Using business intelligence tools and programming software to fulfil analytics requests from auditors – Training Internal Audit team members on use of analytics.
  • Execute a range of data analytics (e.g. descriptive through predictive) and create visualizations using specialist tools.
  • Identify where data and information can be used to assess risk and be integrated into audits including less data rich areas.
  • Help the business develop insight into the root-causes and potential impact of audit issues using analytics.
  • Execute internal audits and reviews using data analytics wherever possible from start to finish (this includes identification of risks, hypotheses to test, collaboration with management from terms of reference, through iterative fieldwork and visualization – based reporting).
  • Ensure that the audit coverage is adequate for the issuance of an overall opinion on internal controls and risk management practices to senior management.
  • Support other Internal Audit colleagues in their audit responsibilities to incorporate data analytics in their work.
  • Functional Expertise – Leverages expertise to develop sound hypotheses and interpret results based on business concerns.
  • Creates new approaches, improves processes and seeks out new opportunities.
  • Makes connections between business questions and topic area.
  • Data Wrangling/Cleaning – Retrieves data from various sources in various formats; cleans and formats data to prepare for analyses.
  • Develops complex queries capable of aggregating data from multiple tables and performing operations.
  • Ensures appropriate coverage of subject area is achieved through completeness and accuracy of the data population and the use of targeted sampling through risk ranking and outlier identification.
  • Grows capabilities in connecting multiple data sources, manipulating while ensuring data integrity, quality and accuracy.
  • Data Visualization – Visualizes data to best communicate findings (and non-findings) to non-technical audiences; appropriately utilizes a variety of visualization tools and techniques to deliver insights.
  • Designs visualizations to meet audience needs to deliver enhanced user experience.
  • Communicates effectively, enabling the visual solutions to tell the story and drive change.
  • Data Storytelling – Leverages storytelling and other narrative techniques to deliver compelling data-based insights and business recommendations; translates technical findings (and non-findings) to broader audience.
  • Designs narratives and presentations to clearly communicate findings to broad audiences.
  • Leverages fundamental storytelling techniques to educate and influence decision-makers.

Additional Duties and Responsibilities

  • Assisting with risk management and special investigations.

Knowledge, Skills and/or Abilities (attributes) required

  • Sound understanding of internal audit and risk management principles and philosophy.
  • Sound understanding of corporate governance requirements and practices.
  • Understanding of current accounting (IAS) and auditing principals.
  • Understanding of internal control concepts and frameworks (COSO, COBIT).
  • Knowledge of auditing processes and methodologies, including flow-charting.
  • Proficient in Microsoft Office suite applications.
  • Prior project management and supervisory skills.
  • Demonstrated understanding of the importance of business ethics.

Required Qualifications and Professional Experience

  • Bachelor or Master’s Degree in Engineering

Any preferred professional training

  • Additional certification around data analytics will be an advantage

Professional Experience (Must haves)

  • Minimum of 5 years of business experience with manufacturing company
  • Experience with a manufacturing company preferred
  • Minimum of 2 years of experience using / scripting with ACL Analytics

Previous Experience/exposure Recommendations

  • Steel making entities / Oil and gas or Government entity
  • Big 4” experience in Internal Audit will be an added advantage.

Accounting & Finance