Internal Auditor

Mantrac Group; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the UAE is seeking an Internal Auditor to execute audit projects and enhance operational effectiveness. The ideal candidate will have a Bachelor's degree, at least 2 years of internal audit experience, and strong analytical skills.

Qualifications

• Minimum 2 years’ experience in Internal Audit.
• High-level knowledge of Auditing Standards and procedures.
• Fluent in Arabic and English with excellent writing skills.

Responsibilities

• Perform assigned audit tasks and prepare audit reports.
• Ensure compliance with internal control systems.
• Provide guidance and support to the audit team.

Skills

Analytical skills

Attention to detail

Communication

Soft skills

Conflict handling

Education

Bachelor's degree in Audit & Management Control, Finance, Accounting or equivalent

CIA (Certified Internal Auditor)

Tools

Microsoft Excel

Microsoft Word

Business ERP systems

Audit Board

Teammate

IDEA

ACL

Job description

Reporting to the Assistant Audit Manager, the Internal Auditor is responsible for the timely execution of audit projects and tasks assigned to him, which is in accordance with the annual audit plan, as well as assisting with other audit matters and queries which might arise from time to time.

Additionally, the role will add value and improve company’s operations by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

1. Key Accountabilities

General:

• Perform assigned audit tasks within the budgeted time frame.Delivering quality audit observations for management’s comment, which is inline with the Standards of Internal Auditors (IIA Inc)
• Prepare audit reports in accordance with the company’s requirements
• Code of conduct – exercising high level of integrity and morale values.
• Business acumen in a retail and manufacturing environment will be an added bonus
• Follow up audit observations and monitor Management’s interventions
• Ensure compliance with the effectiveness of internal control systems
• Obtain, analyze and evaluate accounting documentation, previous reports, data analyzing
• Help in developing audit programs, risk matrixes to assess internal risks and controls; review and perform tests to ensure compliance and document all audit observations and conclusions. Sufficient evidence needs to be obtained for all observations.
• Perform data analytics to identify unusual patterns or trends and investigate remarkable findings
• Identify loopholes and recommend risk aversion measures and cost savings
• Organize and present meaningfully detailed reports to communicate the results of an audit to company management
• Perform inquiries and testing as needed to identify and resolve vulnerabilities Help in developing new audit programs to ensure adequate and effective controls
• Act as an objective source of independent advice to ensure validity, legality and goal achievement
• Review past data, stay informed about new developments and be prepared to integrate changing books into a current policy
• Communicate with other departments to verify records and confirm company policies
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.

Staff Development:

• Provide management, guidance, coaching and technical assistance and support to the team.
• Monitor and evaluate the performance of the team to identify areas requiring improvement and implement training and coaching measures to ensure employees receive sufficient training enabling them to perform their duties in a safe and efficient manner.
• Promote and develop the subordinates’ skills through the transfer of technology and skill development through on-the-job training programs.
• Conduct formal career development discussions with employees and identify development opportunities and programs that assist with defining future career progression possibilities.
• Encourage and facilitate effective and supportive communication between all team members and related departments

Safety Management:

• Demonstrate personal commitment in regard to safety and environmental and Social Responsibility practices.
• Ensure every person within the team is fit for work.
• Ensure that agreed procedures, safeguards and controls are applied and used.
• Ensure all activities are conducted safely and in accordance with Company standards and procedures
• Ensure hazard management plans are observed.

The duties and responsibilities listed above are representative of the nature and level of work assigned and not necessarily all inclusive.

1. Skills, Knowledge & Experience

Education:

• Bachelor's degree Audit & Management Control, Finance, Accounting or equivalent qualification
• CIA will be an advantage

Relevant experience:

• Minimum 2 years’ experience in Internal Audit
• High-level of knowledge of Auditing Standards and procedures, rules and regulations
• Demonstrated knowledge, understanding and experience implementing compliance and accounting methodologies in large-scale operations
• Ability to manipulate large amounts of data and to compile detailed reports
• High attention to detail and excellent analytical skills
• Arabic / English language skills essential (especially English writing skills)
• Working experience with Microsoft Excel, Word and business ERP systems
• Skills in Audit Board, Teammate, IDEA and ACL will be an added advantage.
• Experience in developing countries will be an advantage.
• Able to communicate effectively at all levels of the organization and build effective relationships and networks
• Possess strong training and mentoring skills with the ability to develop into an effective team member
• Soft skills and conflict handling skills
• Demonstrate strong conceptual skills, and be capable of developing lateral and practical solutions
• Ability to respond to a changing work environment
• Reputation for integrity and ethics