Director Internal Audit - Diversified Holding Group - 55K - 65K

Antal International; Dubai; On-site; AED 614,000 - 725,000; Full time

Benefits offered by this job

Bonus

Family status

Job summary

Antal International in Dubai recruits for a reputed diversified Investment Group with real estate and manufacturing interests. The Director of Internal Audit leads risk assessments, planning, and manages the audit team, reporting to the Chief Internal Audit Officer.

The role requires 12–15 years total audit experience, at least 10+ years post-qualification, and 8 years in a managerial role; real estate or manufacturing exposure is preferred. Budget AED 55k–65k monthly plus bonus.

Qualifications

• Must have 12–15 years total work experience in Internal Audit.
• Post-qualification Internal Audit experience of 10+ years with at least 8 years in a managerial role.
• Experience in real estate OR manufacturing OR with a diversified large group of companies is required.

Responsibilities

• Provide direction and manage Group Internal Audit staff in performing delegated tasks.
• Ensure staff acquire required skillsets and certifications through training and development.
• Direct, counsel and coach audit staff and review work for adequacy of scope.
• Develop and maintain relationships with executives and operating management.
• Plan and manage outsourced audits/engagements.
• Coordinate audit efforts with external auditors and Risk & Compliance functions.

Skills

Real estate exposure

Manufacturing exposure

Large diversified group experience

Internal Audit leadership

Job description

Our client a reputed diversified Investment Group based in Dubai with business into Real Estate & Manufacturing is looking to hire a Director of Internal Audit.

Reporting to Chief Internal Audit Officer.

Budget: AED 55K - 65K (Family status+ Bonus)

Must have:

• The candidates must have experience in real estate OR manufacturing OR with a diversified Large group of Companies.
• Total work experience of 12 - 15 years. Minimum 10+ years post qualification Internal Audit experience with at least 8 years in a managerial role

Role summary:

Assists in directing the internal audit activity and responsible for all aspects of conducting risk assessments, planning & managing the audit team. Responsible to formulate, develop and execute internal audits in accordance with acceptable audit standards. Maintain effective working relation with the executives and operating management. Perform special reviews at the request of the Management.

KEY RESPONSIBILITIES & DUTIES:

Managerial:

• Provide direction and manage Group Internal Audit staff in performing their delegated tasks.
• Ensure that all Internal Audit staff acquire required skillsets, knowledge and certifications through appropriate training and professional development.
• Direct, counsel and coach audit staff, and review their work for adequacy of scope; leading the audit teams to optimal performance.
• Encourage good communication among all levels of staff.
• Monitor progress of projects through project status meetings or otherwise.

Organizational:

• Contribute to the development and achievement of the department’s objectives.
• Provide inputs towards the development of the department’s policies and procedures and ensure its implementation.
• Assist in developing Group Internal Audit budget and resource requirements.
• Assist in preparing quarterly and annual reports on the department’s progress / performance to Audit Committee
• Assist Chief Internal Audit Officer to report findings, recommendations, and management response to Audit Committee.

Internal Audit

• Meet with Senior Management to understand company's risks and develop a Risk Based Internal Audit plan.
• Conduct risk assessments and assess the effectiveness of all levels of management in their stewardship of company resources and their compliance with established policies and procedures.
• Develop and execute a comprehensive audit coverage for the evaluation of the management controls over activities under review.
• Recommend improvement of management controls designed to safeguard company resources and ensure compliance with relevant laws and regulations.
• Appraise the adequacy of action taken by operating management to correct reported deficient conditions.
• Conduct assignments / special examinations including the review of representations made by persons outside the Group.
• Develop and maintain auditee, staff, management and Audit Committee relationships through individual contacts and group meetings.
• Plan and manage outsourced audits / engagements.
• Undertake training needs analysis to determine training requirements and accordingly encourage opportunities for professional & personal development and sharing of knowledge & experience for Internal Audit resources.
• Pursue professional development opportunities, including external and internal training and professional association memberships, and share information gained with Internal Audit staff.
• Ensure independent internal quality review in line with the IIA standards.
• Facilitate External Quality Assessment.
• Coordinate audit efforts with the Group's external auditors.
• Coordinate with Risk and Compliance functions for audit planning.
• Perform any other duties assigned by Chief Internal Audit Officer.