Manager – Internal Audit

Careers at UAE; Dubai; On-site; AED 240,000 - 360,000; Full time

Job summary

Dubai Investments, a publicly listed UAE-based investment group, seeks a Manager – Internal Audit to direct audit engagements, review controls, and report findings to executive management. You will plan audits, guide the team, and ensure adherence to IIA standards.

The role requires a strong background in accounting/finance, professional qualification (CA/CPA/ACCA/CIA) and 9 years post-qualification internal audit experience, including 1-2 years in a managerial capacity.

Qualifications

• Bachelor’s degree in accounting, finance or business management.
• Professional qualification such as CA/CPA/ACCA/CIA.
• 9+ years post-qualification experience in internal audit.
• 6 years post-qualification internal audit experience with 1–2 years in a managerial role.

Responsibilities

• Direct audit engagements and review controls across functions.
• Plan and execute audits per accepted standards, budgets and schedules.
• Lead audit staff and coach the team to deliver optimal performance.
• Report findings to Executive Management and agree on corrective actions with timelines.
• Evaluate system effectiveness across financial, manufacturing, engineering, procurement, sales, and support functions.
• Prepare presentations for the Audit Committee and maintain auditee relationships.

Skills

Internal audit knowledge

Global Internal Audit Standards

Leadership

Education

Bachelor’s degree in accounting/Finance/Business Management

CA/CPA/ACCA/CIA

Job description

Manager – Internal Audit

Job Description

Directs the audit engagement,conducts review of assigned organizational and functional activities, evaluates the adequacy and effectiveness of the management controls over those activities, plans and executes audits in accordance with accepted standards, reports audit findings and makes recommendations for correcting unsatisfactory conditions, and performs special reviews at the request of Management.

Responsibilities

• Assist in conducting risk assessments, identify and evaluate risks and controls for key business processes.
• Determine the direction and thrust of the proposed audit effort.
• Prepare audit plan and budget.
• Accomplish audit work in accordance with acceptable standards, plans, budgets and schedules.
• Perform or assist in performing evaluation of significant risks & controls and ensuring comprehensive audit coverage for all activities under review.
• Determine the auditing procedures to be used, including statistical sampling and the use of electronic data processing tools.
• Identify and evaluate key control points.
• Perform audit in a professional manner and in accordance with established guidelines.
• Evaluate system’s effectiveness through application of knowledge of business systems, including financial, manufacturing, engineering, procurement, sales, other operations and support functions, and an understanding of auditing techniques.
• Direct, counsel and coach audit staff assigned to the audit, and review their work for sufficiency of scope; leading the audit team to optimal performance.
• Provide Executive Management with report on audit coverage and the results of the audit activity, discuss deficiencies, recommend corrective actions/improvements and agree action plans with timelines.
• Prepare formal report expressing opinions on the adequacy and effectiveness of the system and the efficiency with which activities are carried out.
• Appraise the adequacy of the corrective action taken to improve deficient conditions.
• Assist in preparing presentation of audit findings, recommendation and management action plans to the Audit Committee.
• Assist in obtaining status reports from auditee management on agreed management actions.
• Assist in performing independent internal quality review in line with the IIA standards.
• Develop and maintain auditee, staff and management relationships through individual contacts and group meetings.
• Guide and manage subordinates in performing audits and other assignments.
• Perform any other duties assigned by direct Manager.

Qualifications

• Bachelor’s degree in accounting / Finance / Business Management
• Relevant professional qualification (CA/CPA/ACCA/CIA)
• Knowledge of Internal Audit practices. Considerable knowledge of the Global Internal Audit Standards issued by the Institute of Internal Auditors
• Total post qualification work experience of 9 years
• Minimum 6 years post qualification Internal Audit experience with preferably 1-2 years in a managerial role

About Us

Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. The Group applies insight and experience to organically expand and be a reliable growth driver for businesses within sectors like real estate, building materials, construction & contracting, financial services, healthcare and education among others.