Director Internal Audit

Majid Al Futtaim; Dubai; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading group in the UAE is seeking a Director of Internal Audit to oversee complex audits and ensure the effectiveness of the risk and control framework. The role demands a professional with 15+ years in internal audit, strong leadership capabilities, and a comprehensive background in audit methodologies. The ideal candidate holds a degree in a relevant field and is preferred to possess additional certifications such as CIA. This is an excellent opportunity to influence strategic decisions and engage with senior management.

Qualifications

• 15+ years of professional experience in internal audit or controls.
• 5 years of experience leading teams and implementing audit policies.
• Professional qualifications in relevant audit focus areas.

Responsibilities

• Direct audits to evaluate risk and control framework.
• Lead Asset Management & Development audits.
• Develop the annual internal audit plan.

Skills

Leadership

Risk Management

Stakeholder Engagement

Audit Methodologies

Education

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

Certified Internal Auditor (CIA) preferred

Job description

Job Title

Director, Internal Audit | Holding | Group Audit & Advisory Services

Role Summary

The Director of Internal Audit is responsible for directing efficient risk-based, complex audits across various disciplines to evaluate the effectiveness of MAF Group’s risk and control framework. The role holder is responsible for independently leading the Asset Management & Development Business Unit Audits (including Capital Projects) and guiding a team of internal auditors to design and deliver the internal audit plan that supports MAF Group and its Executive Management.

Role Profile

• Supports the GA&AS strategy implementation by translating into key initiatives and action plans to ensure execution and continuous alignment with the overall direction of the function.
• Supports in setting GA&AS objectives and targets, in line with the function’s vision and strategy to ensure vertical and cross-functional integration with other interfacing GA&AS disciplines.
• Develop the annual internal audit plan for Asset Management & Development Business Units based on a comprehensive assessment of risks, corporate strategic priorities, Executive Management’s feedback, & other data derived from previous audit results.
• Maintain a high level of strategic foresight by identifying audit clients and business needs and recommending internal audit plan changes accordingly.
• Monitors and reports on the progress of the execution of the annual Internal Audit plan for Asset Management & Development Business Units and flags any delays, restrictions, or scope limitations to the Chief Audit Officer.
• Manage the execution of risk-based internal audits covering Asset Management & Development Business Units.
• Keep GA&AS Leadership informed of audits assessed as high engagement risk.
• Build and maintain strong relationships with Executive/Senior Management, ARC, and other key stakeholders.

Requirements

• Bachelor's degree in Accounting, Finance, Engineering, Project Management, or other relevant field from an accredited university.
• Certified Internal Auditor (CIA) preferred, and/or CA, CPA, CISA, CRMA, and other qualifications preferred.
• Professional qualifications in a discipline relevant to their audit focus area (real estate, operations, technology, food safety, analytics, supply chain, etc.).
• 15+ years of professional experience in internal audit, internal controls, control functions and/or reporting in regional/ multinational organizations or conglomerates.
• 5 years of experience in leading and managing teams, developing and implementing audit policies and procedures.
• A solid understanding of complex audit areas and risks gained from working as part of an internal audit function or in a consultancy.