Internal Audit Manager | Aldar Hotels and Hospitality LLC
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 |
Aldar Hotels and Hospitality |
| Qualification | Bachelors Degree | Masters Degree | CPA | CISA | CIA | CFA |
| Experience | 6 – 8 years of Relevant Experience Required |
| Monthly Salary | 20,000 AED – 25,000 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 50-100 Employees |
| Benefits | Medical Insurance |
| Location | Abu Dhabi |
PURPOSE:
- Support the development of the annual internal audit plan
- Implement the annual IA Plan supporting the Corporate Director Internal Audit
- Implement IA assurance activities, investigations, advisory and strategic initiatives against the departmental KPI’s
- Champion internal control and corporate governance concepts throughout the business
ESSENTIAL DUTIES & TASKS:
Planning & administration
- Assist in the development and revision of IA processes and governance documents (e.g. Charter, P&Ps, etc.) for the Director’s review
- Assist the Director of Internal Audit with the annual risk assessment and support the development and execution of the annual audit plan with periodic reporting to the AH&H Audit, Risk and Compliance (ARCC) Committee
- Assist in updating Hotel & Hospitality Work Programs ensuring audit coverage is risk based, complete, current, and relevant
- Assist/ lead the implementation of departmental initiatives
- Coordinate travel plans and logistics for scheduled audits.
Execution
- Plan, manage and execute assigned audits of the AH&H hotels, leisure assets (golf, marina, and beach clubs) and corporate office as part of the annual internal audit plan
- Perform special projects and investigations as required by the BOD, ARCC or Executive Management and directed by the Corporate Director Internal Audit
- Schedule and conduct meetings with management to describe audit objectives, coverage areas, timing, and protocols
- Develop risk assessment control matrix (RACM) based on the process review identifying risks and their related controls
- Adjust/update existing site audit programs or develop new targeted audit programs based on understanding of the asset or the process under review
- Perform data analytics to identify unusual patterns for further review and inspection
- Identify control weaknesses and recommend enhancements that will strengthen the internal controls of the company while gaining efficiencies. Promote best practices and system improvements
- Ensure audit findings and recommendations are clearly presented to and agreed upon by auditee while maintaining a collaborative and productive working relationship
- Draft detailed audit report for process owner review and final discussion with asset General Managers or business unit heads
- Build solid working relationships and partner closely with process owners at the hotels, leisure assets and corporate office
- Conduct follow up reviews on a periodic basis on the status of action plans and escalate open items, as required
Monitoring and reporting
- Identify and communicate variances against the annual IA Plan for the assigned audit engagements
- Periodically follow-up and provide updates on the status of IA observations to IA Director and AH&H Senior Management
- Assist in drafting ad hoc presentations as well as progress updates to the Board/ ARCC/ Management on IA activities
EDUCATION:
- Bachelor’s degree in Finance, Accounting, Math, or related field
- CPA, CIA, CFA or CISA qualification or equivalent
EXPERIENCE:
- Strong preference for proven audit skills, across the various departments, within the hotel industry
- Desirable Big 4 background
SKILLS:
- Strong background in IA procedures, analyzing internal control gaps
- Excellent writing, presentation, and communication skills
- Proficiency in audit management software and data analytics
- Excellent interpersonal skills. Ability to work with and communicate effectively with all levels of management
- Strong project management skills with ability to manage multiple tasks, priorities, competing deadlines
- Ability to remain up to date with industry and regulatory changes and professional standards
REPORTING LINES:
Reports to: Corporate Director of Internal Audit
Internal reports: N/A
Interaction:
- Work closely with process owners and staff from Hotel and Leisure assets and 3rd party organizations including but not limited to hotel management operators and consultants/service providers
- Exposure to senior management throughout the organization
WORK CONDITIONS:
- Active presence at Hotel and Leisure assets in addition to office-based work
- Some travel will be required depending on the asset location
Apply Now: [email protected]