A well-known and well-reputed Company based in Dubai, 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”.
One of the Multibillion Dollar Retail conglomerate is searching for a high caliber internal audit manager.
Job Responsibilities
Identifies risk factors prevalent in the auditable entities and prepares risk identification sheets including control factors in place and deducing residual risk
Assists in developing and implementing tailor-made Audit programs and audit tools and methodology for the Group and its entities that test key business processes and controls
Ensures establishing a practical budget, work schedule, performance evaluation and variance criteria for each scheduled audit assignment
Conducts and supervises/leads audit assignments in line with the Internal Audit plan and within the budgeted time in a professional manner, adopting the best audit practices and appropriate audit techniques
Formulates audit programs for various sections of the auditee to test the controls in place and to address the risk areas
Leads and guides the internal audit team on conducting interviews, reviewing documentation, developing and administering surveys, composing summary memos and preparing working papers
Supervises process documentation to identify key risk especially fraud risks and controls in place to address those risks
· Prepares/ reviews draft status memos for presentation to Businesses / Departments and preliminary agenda of recommendations and comments for closing conferences
Ensures completion of audit assignments within the allotted timelines
Provides frequent updates about the status, key concern areas observed during audit execution periodically
Prepares/reviews draft reports prepared and discusses the result of the review with related Business / Department Heads
Prepares/ reviews quarterly progress reports on planned audits and implementation of corrective actions
Assists in establishing internal audit guidelines, policies and procedures in accordance with Professional Auditing Standards and international Best Practices
Ensures that the department does not develop or install procedures, prepare records, make management decisions, or engage in any other activity that could be reasonably construed to compromise its independence
Exercises discretion in the review of records to ensure confidentiality
Experience
A minimum of 8 – 10 years of relevant experience with at least 4 years in a similar role
