Assistant Manager – Internal Audit

Overview

About The Job

• An opportunity has arisen for an
• Assistant Manager - Internal Audit to join TECOM Groop
• **Dubai Holding Asset Management:**
• The role holder is responsible for conducting risk-based internal audits in accordance with the annual audit plan, examining and evaluating the TECOM Group’s internal control systems, verifying compliance with policies, identifying areas for improvement, and formulate recommendations to enable the mitigation of any risks in a timely manner.
• The main duties and responsibilities of this role:
• Supports the prioritization of the audit initiatives based on urgency, organizational issues and importance, and implement the plan based on the prioritization in order to ensure the critical and major areas are audited on priority
• Contribute to the risk assessment process by identifying existing and emerging risks and internal controls within the TECOM Group and its SBUs and provide recommendations to mitigate risks
• Conduct internal audit activities (as per TECOM Group Audit manual) including the audit of areas such as operational processes, financial and accounting processes, IT, HR, marketing and sales processes, etc. depending on risks identified, and highlight non-conformances and facilitate their prompt mitigation.
• Develop Audit programs to detail the various steps for conducting audits and review them periodically for submission to the Head of the department and obtain approvals
• Part of audit assignment perform following tasks
• + Conduct risk assessment and controls evaluation of the assigned audits.
• + Conduct audit field work on time and ensure the audit programs are conducted effectively in line with Audit plans.
• + Review audit work papers/documents, results and programs to ensure the adequate and comprehensive coverage of the audit objectives.
• Ensure that all documentation is adequate, properly cross referenced and complete and files are updated and submitted to the Director/Head of Internal Audit on a timely basis for sign off, in order to comply with IIA standards & IA procedures.
• Where assisting the team leader in their assigned audits:
• + Assist in evaluating risks and internal controls of area assigned to;
• + Develop the audit schedule and checklist;
• + Timely conduct audit field work and ensure the audit programs are
• + followed as planned; Summarize audit findings and define opportunities for improvement to
• be included in the draft report.
• Prepare high quality audit reports and findings for each assignment and submit to the Director/ Head of Internal Audit for review. The audit report should be comprehensive, facts are properly validated and accurate and address the main audit concerns and provide value added recommendations for improvements.
• Follow-up/assist in follow-up on all corrective and preventive actions detailed in audit reports and monitors the continual improvement of the services, and processes by verifying the reliability and integrity of financial and operational information.
• Escalate the overdue audit issues not getting resolved to Director/Head of Internal Audit on timely basis for guidance and support in their closure.
• Maintain professional and courteous relationship with the auditee management during the assignments to enable the department to meet its objective of customer satisfaction.
• Conduct special ‘ad hoc’ assignments as directed, in order to investigate specific situations, incidents or suspected fraud/misconduct to ensure accurate analysis is done and recommendations are based on it.
• Prepare high quality audit reports and findings for each assignment and submit to the team leader/ Director/ Head of Internal Audit for review. The audit report should be comprehensive, facts are properly validated and accurate and address the main audit concerns and provide value added recommendations for improvements
• Participate in the Continuous improvement of Department processes and achievement of IA department KPIs.
• Provide advisory/consulting services to departments/functions on process improvements/enhancement opportunities or other advisory/services requested by them.
• About you
• :
• The ideal candidate for this position will have the following experience and qualifications:
• Minimum Qualification:
• + Graduate in Accounting or Financial Management or Business Related (Post Graduate preferred)
• + Certification in CIA or Other professional certification such as CA, ACCA, CPA, CFE, CISA, CMA
• Experience:
• + 6 -8 years of Audit experience in a professional audit firm and/or in internal audit in a progressive & reputable company.
• Technical Competencies :
• + Internal audit methodology, IA planning and administration/IA reporting technology
• + Risk assessment
• + Financial accounting practices and principles; accrual and management accounting practices and principles;
• + Adequate knowledge of legal requirements within the UAE, international internal audit standards and requirements;
• + Analytical capability
• + Verbal communication and report writing
• + Project management; multi-tasking