Internal Auditor

Dubai Holding Group; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

Dubai Holding Group is seeking an Internal Auditor to conduct audits of store operations, business and accounting processes across UAE and GCC. You will assess compliance with policies, control effectiveness, and security measures to prevent loss and fraud.

You will draft loss prevention procedures, verify cash handling, reconcile P&L and bank statements, and provide prompt investigations with management reports.

Qualifications

• Must be a university graduate with business/accounting/finance degree.
• Knowledge of loss prevention procedures and methods.
• IT and numerically literate.
• Possess investigatory skills.
• Proactive business reporting skills essential.
• Attention to detail.
• Strong English communication skills.

Responsibilities

• Audit store operations across UAE and GCC to identify risks.
• Draft and review Loss Prevention processes and procedures.
• Verify cash handling and bank deposits per policy.
• Audit payments and receivables including mall gift vouchers and cards.
• Oversee P&L and bank reconciliations.
• Investigate theft, malpractice and fraud; report findings to management.
• Conduct Loss Prevention training for stores.
• Survey stores pre-opening and assess premises risks.

Skills

Investigatory skills

IT literacy

Attention to detail

English communication skills

Proactive reporting

Education

University degree in business, accounting or finance

Job description

The Internal Auditor is responsible for conducting audits of store operations, business and accounting processes. He evaluates whether the policies/rules are operated/carried out effectively. Responsible for all issues related to security, loss, non-compliance of policies and procedures. He has to implement strategic initiatives to significantly reduce/minimize areas of risk related to security, stock loss/shrinkage, safety and contingency/crisis management.

RESPONSIBILITIES:

• Regular visit to the stores all over UAE and GCC (as required) to conduct audits, at least once every month/ more times as required.
• Draft and review the Loss Prevention and any other relevant process and procedure.
• Check whether daily cash is banked as per Company Policy
• Verify foreign currency received during sale is properly accounted and banked
• Perform spot till check
• Ensuring that petty cash and extra cash float is handled properly and monitor usage and recording of petty cash float
• Identify the reason for using manual billing if any and the details of Void, return, refund, staff discount, other discount – whether they are as per policy and how it’s handled by store.
• Ensure that the Company gift voucher (saleable & others) and mall gift voucher are properly accounted, the amount due from mall management and check for timely submission of the same.
• Check the usage of non-stock items received from the supplier.
• Verify if recording of staff attendance, days in lieu, submission of rejoining report/passport to office are done as per the company policy and highlight variances between staff Rota and the attendance
• Audit of store keys and who is responsible to handle the keys in store.
• Check whether the security system/ alarm is working properly
• Audit payments and receivables such as mall gift vouchers, credit card payments, foreign supplier payments etc.
• Overview the P&L and Bank reconciliations
• Conduct period audit of staff discounts and attendance
• Provide prompt and professional investigation service to the Company in relation to theft, malpractice and fraud and provide reports to the management.
• Manage the Loss Prevention training for stores
• Manage to survey stores, including pre-opening and all Company premises to identify and categorize risks, levels of risk and actions required

KNOWLEDGE, SKILLS AND EXPERIENCE:

Expected Years of Experience

• Must be a university graduate, preferably with business/accounting/finance degree.
• Knowledge of loss prevention procedures and methods
• IT and numerically literate
• Possess Investigatory skills
• Proactive Business reporting skills essential
• Attention to detail
• Strong English communication skills.