Assistant Manager Internal Audit

مناطق رأس الخيمة الاقتصادية (راكز); Ras Al Khaimah; On-site; AED 240,000 - 360,000; Full time

Job summary

A leading company in Ras Al Khaimah is seeking an experienced Internal Audit Manager to oversee audit operations and ensure compliance with standards. The role involves developing audit plans, conducting audits, and managing a team to enhance internal controls and processes.

Qualifications

• Minimum 9 years of experience in internal auditing.
• Fluent in written English; Arabic preferred.

Responsibilities

• Manage daily operations of the Internal Audit Office.
• Conduct internal audits and report findings.
• Develop and update internal audit policies.

Skills

Analytical Skills

Problem-Solving

Communication

Education

Bachelor’s degree in finance

Certifications related to the Audit Industry

Tools

Microsoft Office Suite

Audit Management Software

Job description

JOB PURPOSE:

Responsible for managing the daily operations of the Internal Audit Office and implementation of annual audit plan. This title will support the Director of Internal Audit in the development of vision and organizational plan for the overall Internal Audit Office. He/she supervises the audit team to achieve the overall objective.

CORE RESPONSIBILITIES:

• Support the Director of Internal Audit in development of risk based internal audit plan stating the main audit tasks and expected timeframe for execution to ensure that audit efforts and resources are effectively utilized.
• Conduct internal audits in compliance with the audit plan, audit manual and professional auditing standards in order to provide management with insights into areas of risk that are not adequately controlled and identify opportunities for process and control improvement.
• Oversee audit planning, fieldwork, and reporting; ensure comprehensive audit scope coverage and effective evaluation of internal controls; prepare reports and communicate findings and recommendations to the Director of Internal Audit
• Reviews and updates audit findings and recommendations and discusses findings with auditees/process owners to achieve agreement and understand their concerns on corrective actions.
• Carry out follow up reviews to assess the status of implementation of the management action plans and ensures the continuation of such follow up till satisfactory results are achieved.
• Build the right relationships and participate in professional bodies such as Institute of Internal Auditors (IAA) and be credible with relevant stakeholders in order to promote professional brand image, and support continuous improvement, and deployment of best practices within the organisation.
• Develop and update internal audit policies and procedures in line with industry trends and new technologies
• Where applicable/as requested, examine and professionally investigate various functions and interview relevant stakeholders to ensure accurate recording of issues and/or transactions and compliance with applicable laws and regulations.
• Undertake specific internal audit reviews and ad-hoc requests, based on assignment by the Director of Internal Audit and/or Audit Committee.
• Execute the planned tasks to implement the internal audit strategy and provided regular updates on the Internal Audit strategy’s progress.
• Supervise and manage the assigned tasks for Internal audit automation, digitization and continuous auditing projects.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Educational Qualifications:

• Bachelor’s degree in finance or other relevant qualification.
• Certifications related to the Audit Industry such as CPA, CIA, CFE etc…

Years of Experience:

• Minimum 9 years of experience in internal auditing in reputable entities and/or recognized global audit organisation.

Other requirements:

• Fluent in written English (Arabic is preferred).
• Ability to communicate clearly and concisely, both orally and in writing.
• Strong analytical and problem-solving skills with a keen eye for detail. Capable of working independently and managing multiple priorities in a fast-paced environment.
• Must be thoroughly familiar with internal auditing and accounting principles, risk and control principles, Sarbanes-Oxley requirements and IAS.
• Must be familiar with the Institute of Internal Auditors standards and necessary processes to ensure compliance.
• Must have the ability to communicate effectively with all levels of the organisation as well as with external regulators and partners.
• A self-starter who is organized, intuitive and a collaborative problem-solver with the ability to be effective in a complex, global environment.
• Must have the highest professional and personal standards, unquestioned integrity and business ethics.
• Commitment to teamwork and results.
• Willingness and ability to develop and maintain collegial and professional relations with colleagues, other heads of departments, and top management.
• Always maintain a positive attitude while carrying out his/her duties and responsibilities.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and audit management software.