Assistant Manager - Internal Audit | Corporate Services

Al-Futtaim; Dubai; On-site; AED 180,000 - 270,000; Full time

Job summary

Al Futtaim Group is seeking an Operational & Financial Auditor to evaluate internal controls and ensure policy compliance. You will develop audit plans, report findings, and provide recommendations to improve efficiency and safeguarding of assets.

Key tasks include assisting in annual audit plans, developing audit programs, conducting internal audits, reviewing approvals, documenting work in AMS, preparing executive summaries, and performing fraud investigations when required.

Qualifications

• Thorough understanding of internal controls and auditing standards.
• Strong data analytics and spreadsheet skills.
• Excellent verbal and written communication abilities, including report writing.

Responsibilities

• Assist the Audit Manager in developing annual audit plans by assessing risk degrees.
• Develop audit programs detailing risks, controls and tests in the AMS.
• Conduct internal audits to evaluate internal controls and performance across processes.
• Review approvals to ensure policy and delegation compliance.
• Document audit work in the AMS to support findings.
• Prepare professional audit reports with findings, analysis and recommendations.

Skills

Internal controls

Data analytics

Report writing

Auditing standards

Education

Chartered Accountant or equivalent (CPA/ACA)

CIA/CFA (preferred)

Tools

SAP

Oracle

ACL

Job description

Overview of the Role:

As an Operational & Financial Auditor within the Al Futtaim Group, the role involves evaluating operational and financial processes to ensure the effectiveness of internal controls and compliance with established policies. This involves developing and executing detailed audit plans, reporting findings, and recommending improvements to ensure internal scrutiny and efficiency of operations. The role supports safeguarding assets, ensuring the integrity of information, and achieving business objectives through thorough audits and consultancy where necessary. The auditor acts as a critical adviser providing management with insights and recommendations based on detailed reviews and analyses.

What You Will Do:

• Assist the Audit Manager in the development of annual audit plans by assessing risk degrees.
• Develop audit programs for each audit assignment, detailing risks, controls, and tests, documented in the Audit Management System (AMS).
• Conduct internal audit assignments to evaluate the effectiveness of internal controls and performance quality across business processes.
• Review the approval process to ensure compliance with Group policies and delegation of authorities.
• Ensure safeguarding of group assets.
• Document audit work in the Audit Management System to support findings.
• Prepare professional audit reports including findings, analysis, and recommendations, communicating these effectively to stakeholders.
• Update the Audit Manager with key findings promptly.
• Discuss preliminary findings with relevant staff to obtain concurrence and highlight observations.
• Assist in preparing executive summaries and detailed reports for each engagement.
• Aid in the preparation of monthly summaries for presentation to the Vice Chairman after review.
• Extend audit coverage using computer-based audit techniques, like ACL, for a more representative analysis.
• Maintain high professional auditing standards and align reports and recommendations with International Standards of Internal Audit and Group policies.
• Perform consulting assignments upon management requests to establish facts or evaluate situations.
• Conduct fraud investigations to identify losses, control weaknesses, responsible personnel, and recommend preventative measures.

Required Skills To Be Successful:

• Thorough understanding of internal controls and accepted auditing standards.
• Strong data analytics and spreadsheet skills.
• Excellent verbal and written communication abilities, including report writing.
• Experience with ERP systems, particularly SAP and Oracle, and audit management software.

What Qualifies You For The Role:

• Chartered Accountant (CPA, ACA etc.), ACCA, MBA (Finance), CIA, CFA, or similar professional certification.
• Minimum of 3 years experience in the internal audit function.
• Thorough knowledge of internal controls and auditing standards.
• Proficiency in data analytics with spreadsheets and software such as ACL, SAP, and Oracle.