Manager - Internal Audit, Retail Operations

Majid Al Futtaim; Dubai; On-site; AED 250,000 - 350,000; Full time

Job summary

Majid Al Futtaim is seeking an experienced Internal Audit Manager to lead risk-based audits across Dubai retail operations and the wider Group. You will evaluate internal controls, identify risks, and deliver findings that strengthen governance and business performance.

You will oversee engagements and coordinate with leaders, Risk, Compliance, and external assurance providers. The role requires 10–12 years in internal/audit risk disciplines, professional qualifications, and a strong knowledge

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration or related field.
• 10–12 years of progressive experience in Internal Audit, External Audit, Risk Management or related assurance discipline.
• Experience leading audit teams and managing complex engagements.
• Professional qualification such as CPA, ACCA, CA, or CIA.
• Strong knowledge of risk-based audit methodologies.
• Solid understanding of internal control frameworks and governance practices.
• Familiarity with regulatory and compliance requirements.
• Experience evaluating operational and financial processes and reporting audit findings.

Responsibilities

• Lead end-to-end risk-based audit engagements.
• Develop audit programs, risk and control matrices, and testing procedures.
• Evaluate control design and operating effectiveness and report findings.
• Monitor remediation actions and closure of audit recommendations.
• Coordinate with Risk, Compliance, Quality Assurance and external assurance providers.

Skills

Risk-based auditing

Audit leadership

Stakeholder communication

Data analysis

Education

Bachelor's degree in Accounting/Finance

Job description

Manager - Internal Audit, Retail Operations Job Snapshot - Role: Manager - Internal Audit - Location: Dubai, United Arab Emirates - Industry: Retail - Function: Accounting/Auditing - Experience: 10-12 years - Job Type: Full Time - Work Arrangement: On-site

Position Overview

Majid Al Futtaim is seeking an experienced Internal Audit Manager to lead risk-based audit engagements across retail operations and wider Group business processes in Dubai, United Arab Emirates. The role is responsible for evaluating internal controls, identifying operational and financial risks, and delivering audit findings that strengthen governance, compliance, and business performance. The Internal Audit Manager will oversee individual audit engagements or a risk-focused portfolio, ensuring audit activities are aligned with corporate priorities and professional auditing standards. Working closely with business leaders, process owners, Risk, Compliance, Quality Assurance, and external assurance providers, the successful candidate will support effective risk management and continuous improvement across the organization.

Job Details

Job Details - Country: United Arab Emirates - City: Dubai - Industry: Retail - Function: Accounting/Auditing - Salary: Not disclosed - Gender: No Preference - Candidate Nationality: Not specified - Job Type: Full Time - Work Arrangement: On-site

Key Responsibilities

Risk-Based Audit Planning

• Contribute to the development of the annual risk-based Internal Audit Plan.
• Align audit planning activities with corporate strategy, Audit and Risk Committee priorities, and emerging business risks.
• Assess operational and financial risk areas to support audit engagement planning.
• Identify relevant audit priorities across supply chain, procurement, finance, human resources, and other business functions.
• Support the allocation of audit attention to areas with significant governance, risk, and control considerations.

Internal Audit Execution

• Lead the planning and execution of end-to-end risk-based audit engagements.
• Manage audit assignments or a defined risk-focused portfolio within the Group.
• Develop audit programs, risk and control matrices, and appropriate testing procedures.
• Conduct audit activities in accordance with IIA International Standards and established internal audit practices.
• Evaluate the design and operating effectiveness of internal controls.
• Identify weaknesses in governance, risk management, compliance, and operational processes.
• Lead audit teams and coordinate the completion of complex engagements.

Audit Documentation and Quality Assurance

• Prepare and review audit workpapers, testing results, and supporting evidence.
• Ensure audit documentation is accurate, complete, and sufficient to support findings.
• Review audit conclusions before issuing reports to relevant stakeholders.
• Maintain consistent quality standards throughout audit engagements.
• Apply professional judgment when assessing control deficiencies and risk exposure.

Audit Reporting and Stakeholder Communication

• Prepare clear, evidence-based audit reports that communicate significant findings and recommendations.
• Identify root causes of control weaknesses and operational inefficiencies.
• Present audit conclusions and risk implications to business leaders and senior stakeholders.
• Provide practical recommendations that support stronger controls and improved business processes.
• Communicate audit findings objectively and constructively.

Management Action Plans and Remediation

• Work with process owners to develop realistic and risk-prioritized management action plans.
• Agree appropriate corrective actions to address identified control weaknesses.
• Track remediation activities and follow up on outstanding audit recommendations.
• Monitor the timely implementation of agreed management actions.
• Escalate relevant unresolved issues through established audit reporting processes.

Governance, Risk and Compliance

• Assess the effectiveness of governance, risk management, and compliance controls.
• Identify opportunities to strengthen accountability and operational efficiency.
• Support the adoption of internal audit best practices across business functions.
• Evaluate relevant regulatory and compliance requirements within assigned audit engagements.
• Provide independent assurance insights that support effective organizational oversight.

Combined Assurance and Cross-Functional Coordination

• Coordinate with Risk, Compliance, Quality Assurance and other second-line functions.
• Collaborate with external assurance providers where relevant.
• Support a coordinated assurance approach that reduces unnecessary duplication.
• Maintain effective professional relationships with business stakeholders and process owners.
• Promote the timely exchange of relevant risk and control information.

Qualifications and Experience

• Bachelor 's degree in Accounting, Finance, Business Administration, or a related discipline.
• 10-12 years of progressive experience in Internal Audit, External Audit, Risk Management, or a related assurance discipline.
• Experience leading audit teams and managing complex audit engagements.
• Professional qualification such as CPA, ACCA, CA, or CIA.
• Strong knowledge of risk-based audit methodologies.
• Sound understanding of internal control frameworks and governance practices.
• Knowledge of applicable regulatory and compliance requirements.
• Experience evaluating operational and financial processes and reporting audit findings.

Skills and Competencies

• Risk-based internal audit planning and execution.
• Audit program development and risk and control matrices.
• Internal control design and effectiveness testing.
• Financial and operational risk assessment.
• Audit documentation and evidence evaluation.
• Audit report preparation and presentation.
• Root cause analysis and corrective action recommendations.
• Management action plan monitoring.
• Governance, risk, and compliance assessment.
• Audit team leadership and engagement management.
• Senior stakeholder communication.
• Cross-functional assurance coordination.
• Analytical thinking and professional judgment.
• Strong attention to detail and reporting accuracy.

What We Offer

Majid Al Futtaim offers a friendly and collaborative working environment where colleagues contribute to shared business objectives. Employees work within a diverse organization of more than 45,000 colleagues guided by the Majid Al Futtaim Leadership Model. The Internal Audit Manager will have the opportunity to contribute to risk management, governance, operational improvements, and internal control effectiveness across retail and wider Group operations.

About Majid Al Futtaim

Majid Al Futtaim is a regional developer and operator of shopping malls, retail businesses, communities, and entertainment destinations across the Middle East, North Africa, and Central Asia. The Group operates in 18 countries and reports annual revenues exceeding US$11 billion. Its recognized brands and destinations include Mall of the Emirates, Carrefour, City Centre, and VOX Cinemas. Majid Al Futtaim is committed to creating great moments for everyone, every day.