Internal Auditor

Job Summary:

The Internal Auditor will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes. The role involves conducting internal audits, identifying areas of improvement, and ensuring compliance with company policies, regulations, and standards.

Key Responsibilities:

• Audit Planning and Execution:
  • Assist in the development of the annual audit plan.
  • Plan and conduct audits in accordance with the annual audit plan and company policies.
  • Perform risk assessments to identify key areas of risk within the organization.
  • Develop and execute audit programs to assess the effectiveness of internal controls.
• Internal Control and Compliance:
  • Evaluate the adequacy and effectiveness of internal controls, compliance with policies and procedures, and the efficiency of operations.
  • Ensure compliance with applicable laws, regulations, and industry standards.
  • Identify and report on control weaknesses and recommend corrective actions.
• Risk Management:
  • Assess risks related to the organization’s operations, financial reporting, and compliance.
  • Provide insights and recommendations to improve risk management practices.
• Reporting:
  • Prepare clear, concise, and well-organized audit reports that include identified issues, recommendations, and management action plans.
  • Communicate audit findings and recommendations to management and stakeholders.
  • Follow up on the implementation of audit recommendations.
• Continuous Improvement:
  • Identify opportunities for improving business processes and internal controls.
  • Stay updated with industry best practices, new regulations, and standards related to internal auditing.
• Collaboration:
  • Work closely with other departments to ensure effective internal controls and compliance.
  • Assist in special projects, investigations, and ad-hoc audits as required.

Qualifications and Experience:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certification such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), ACCA, or equivalent is preferred.
• Minimum of 3-5 years of internal audit experience, preferably within a multinational company or a Big Four firm.
• Strong knowledge of internal control frameworks, risk management, and audit methodologies.
• Familiarity with International Financial Reporting Standards (IFRS) and International Standards for the Professional Practice of Internal Auditing (ISPPIA).

Skills and Competencies:

• Strong analytical and problem-solving skills.
• Good knowledge of ERP systems
• Excellent communication and interpersonal skills.
• High attention to detail and strong organizational skills.
• Ability to work independently and as part of a team.
• Proficiency in audit software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Knowledge of local laws and regulations in the UAE is an advantage.