Associate – Internal Audit - UAEN

Modon; Abu Dhabi Emirate; On-site; AED 90,000 - 130,000; Full time

Job summary

Modon in Abu Dhabi seeks an Internal Audit professional to support the IA function, ensuring operations comply with laws and internal policies. You will help create audit plans, conduct or assist audits, analyze findings for root causes, and document recommendations in clear reports.

The role requires 3–5 years in internal audit, UAE experience, and knowledge of auditing principles. CIA/CFE certs are a plus for advancement and credibility.

Qualifications

• Bachelor's degree in Accounting, Business or Finance or related field.
• CIA/CFE or similar certification is a plus.
• 3–5 years of internal audit experience.
• 1 year UAE experience minimum.
• Experience in Investment/Holding or Conglomerate companies preferred.
• Basic knowledge of auditing principles, practices and standards.
• Know internal audit process and risk controls.
• Basic knowledge of relevant laws and regulations.
• Strong analytical, critical thinking and communication skills.

Responsibilities

• Provide support to internal audit function and ensure operations comply with laws and policies.
• Create audit plans outlining scope, objectives and methodologies.
• Lead or support examinations of financial records, processes and controls.
• Analyze findings to determine root causes and potential impacts.
• Document audit findings with clear recommendations in audit reports.
• Report significant IA findings and potential process improvements to management.
• Monitor audit observations and ensure management actions are implemented or risk accepted.

Education

Bachelor's degree in Accounting, Business, Finance or related field

CIA or CFE certification (plus)

Tools

Audit standards knowledge

Job description

Roles, Responsibilities, Duties

Providing support to the internal audit function within the organization. This role contributes to ensuring that the organization's operations are conducted efficiently, effectively, and in compliance with applicable laws, regulations, and internal policies.

Conducting Internal Audits

• Contribute to the creation of detailed audit plans outlining the scope, objectives, and methodologies for conducting audits across various functional areas.
• Contribute and occasionally lead the conduction of thorough examinations of financial records, operational processes, and internal controls to assess their effectiveness.
• Analyze audit findings to determine root causes of issues and assess their potential impact on the organization.
• Contribute to the documentation of audit findings, observations, and recommendations in clear, concise, and well-organized audit reports.

Report on IA Findings

• Contribute to the reporting of significant issues related to the processes of Group and its Subsidiaries, including potential improvements of those processes and how effectively the system of controls works to protect the organization’s interests.

Monitoring Audit Observations

• Contribute to the monitoring of audit observations and ensuring that management actions for significant observations or recommendations have been effectively implemented or that senior management has accepted the risk of not acting.

Qualification

• Bachelors’ degree in Accounting, Business, Finance or related field.
• Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or any other relevant certification is considered a plus.

Experience

• 3 to 5 years of experience in the internal audit fieldas a minimum.
• Experience in Investment or Holding/Conglomerate companies preferred.
• 1 year of UAE experience as a minimum.

Audit:

• Basic knowledge of auditing principles, practices, and standards
• Good knowledge of the internal audit process to assess the adequacy and effectiveness of internal controls.

Regulatory knowledge:

• Basic knowledge of relevant laws, regulations, and industry standards applicable to the organization.

Analytical Skills:

• Good analytical and problem-solving skills to evaluate complex issues, assess root causes, and develop practical recommendations.
• Critical thinking and ability to identify and assess root causes.

Communication Skills:

• Clear and concise communication skills to convey messages effectively.