Internal Audit Manager | Edge
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 Audit Manager”.
Company Name |
Edge |
Qualification | ACCA | CA | CPA | CFE |
Experience | 12 – 15 years of Relevant Experience Required |
Monthly Salary | 22,000 AED – 25,000 AED |
Employment Type | Full Time | Permanent |
Company Size | 50-100 Employees |
Benefits | Medical Insurance |
Location | Abu Dhabi |
About EDGE:
EDGE is an advanced technology group established to develop disruptive solutions for defense and beyond. Solving real world challenges, it is dedicated to bringing innovative technologies and services to market with greater speed and efficiency. Our people are at the core of our business, inspiring us to imagine a new world of endless possibilities. Leveraging advanced technologies such as autonomous capabilities, cyber-physical systems and directed energy to artificial intelligence, we recognize that changing the fundamentals of the defense industry will take real collaboration and creativity.
This is why we want you to be a part of our global team. Join us today to enable a secure future.
Key Accountabilities:
- Execute audits (plan, perform fieldwork and/or supervise audit team members, prepare draft report and carry-out exit meetings) of Group’s operations to assess controls, operational efficiencies and compliance with all policies, procedures and regulations, both at Corporate and Entities.
- Audit assignments to be completed within agreed timelines.
- Plan audit assignments: developing the draft terms of reference, obtaining an understanding of the entity and area being audited, preparing the Risk and Controls Matrix, and designing the audit procedures to be performed. Understand and document the inherent risks in the processes.
- Fieldwork: Carry-out audit procedures, including documenting and assessing the design and effectiveness of internal controls. Maintain an up to date status of work done against the audit procedures, and provide weekly updates to the direct line manager, and address review comments. Prepare and discuss agile reports with auditees (typically, every two weeks). Document the test results in line with the internal audit manual.
- Lead audit team: provide supervision and oversight on the audit teams performing the fieldwork, including but not limited to reviewing working papers, participating in discussions with the auditees and ensuring objectives of the audit are met.
- Draft Report: Discuss the audit results with relevant stakeholders (typically at the L2 level at Corporate and L1 Level at the entities), and obtain confirmation on the factual accuracy of the audit outcomes, draft the recommendations, and obtain the management responses & action plans.
- Leverage data for each audit assignment, and identifies opportunities to automate test procedures. This would include understanding the available data, linkages with inherent risks, data analytics (using excel or other tool), and validating the results.
- Maintain a log of agreed action plans, and follow-up on a periodic basis on the status of implementation of the agreed action plans. Validate the implementation of the agreed action plans.
- Conduct special audits and consulting assignments in line with the internal audit manual.
- Lead the preparation of monthly/quarterly Executive Management packs.
- Lead the annual internal audit risk assessment and audit plan activities for specific entities
- Assist in the preparation of ARC packs.
- Provide inputs on new policies and processes.
Experience & Educational Qualifications:
- Minimum 12 to 15 years with large organization (revenues in excess of USD 1 billion) or with a public accounting firm with experience of working on assignments of large organizations. Experience in manufacturing organizations would be preferred.
- Masters Degree or Equivalent (CA, CPA, ACCA)
- Certification in Internal Audit-related subject is preferable e.g. Certified Internal Auditor (CIA) , Certified Fraud Examiner (CFE)
Key Skills
- MS Office Suite & Productivity Tools (advanced knowledge of expert in MS Excel)
- Knowledge of Investigation specific technical requirements e.g. best practice, legislation and regulation, methodologies, systems, third party providers
- Proficiency in English language . Ability to write clear and succinct audit reports, free from factual inaccuracy and ambiguity. Clear and confident communicator
- Has sound understanding of International Professional Practices Framework issued by the Institute of Internal Auditors
- Has sound understanding and experience of end-to-end internal audit lifecycle
- Has sound understanding of/and practical exposure to internal controls across core business functions and activities (such as procurement, HR and payroll, project management, finance & accounting, commercial, operations, contract management), risk management, and IT General Controls.