Assistant Manager-Internal Audit & Risk

DAMAC Properties; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading real estate firm in the United Arab Emirates is seeking an internal auditor to support audit engagements, ensure compliance with policies, and monitor performance indicators. The ideal candidate will have a Bachelor's Degree in Accounting or Finance, along with 5–8 years of relevant experience and progress towards professional certifications. This role offers an opportunity to contribute to continuous improvement in audit practices.

Qualifications

• 5–8 years of internal audit or relevant financial control experience required.
• Experience with ICFR or SOX is mandatory.
• Familiarity with audit tools and data analytics preferred.

Responsibilities

• Support execution of internal audit engagements.
• Review organizational policies and procedures for compliance.
• Monitor audit performance indicators and report findings.

Skills

Detailed testing and analysis

KPI monitoring

Governance and compliance

Education

Bachelor's Degree in Accounting, Finance, or related

Professional certifications in progress

Tools

Audit tools

Data analytics

Job description

1. Internal Audit Execution and Oversight

• Support the execution of internal audit engagements across financial, operational, and compliance areas.
• Perform detailed testing and analysis of processes and controls, document findings, and assist in formulating clear, actionable recommendations to improve control effectiveness and operational efficiency.

2. Policy, Procedure, and Process Review

• Assist in reviewing organizational policies and procedures to ensure consistency with internal controls and regulatory requirements.
• Participate in process walkthroughs and control validations to identify design and operational deficiencies.

3. KPI Monitoring and Performance Reporting

• Monitor audit performance indicators to track progress against the audit plan and ensure timely delivery of audits.
• Contribute to developing and refining internal audit KPIs, promoting accountability and continuous improvement within the audit team.

4. Ad-Hoc Reviews and Management Requests

• Conduct special audits, investigations, or reviews as requested by senior management (including MD / CM office), ensuring the delivery of accurate and timely insights.
• Assist in handling urgent or sensitive reviews requiring discretion and a focused audit approach.

5. Governance, Risk, and Compliance Support

• Ensure that audit activities comply with internal policies, professional standards, and applicable regulations.
• Collaborate with internal teams to identify emerging risks and assist in evaluating the adequacy of mitigation strategies.

6. Audit Process Improvement and Methodology Support

• Recommend improvements to audit tools, templates, and methodologies to ensure consistency and effectiveness across engagements.
• Stay updated on industry trends and internal audit best practices to contribute to the evolution of the department's approach and practices.

7. Stakeholder Engagement and Communication

• Coordinate with process owners and control stakeholders during audit planning, fieldwork, and reporting phases.
• Prepare summaries, working papers, and draft reports that clearly present findings, root causes, and practical recommendations for process enhancement.

Minimum Qualifications :

• Bachelor's Degree in Accounting, Finance, or a related discipline.
• Professional certifications in progress or partially completed (e.g., CIA, ACCA, CPA).

Experience :

• 5–8 years of internal audit, external audit, or relevant financial control experience – ICFR / SOX - Mandatory
• Prior exposure to financial audits and control testing.

Familiarity with audit tools and basic data analytics is preferred.