Assistant Manager Internal Audit

Overview

About The Role

• We are seeking a highly analytical Assistant Manager – Internal Audit to support the Internal Audit function in delivering risk-based audits across our real estate development portfolio, capital projects, and finance operations.
• The role requires a technically strong Chartered Accountant with hands-on experience in auditing finance functions and large-scale real estate development or construction projects.
• The successful candidate will independently lead audit engagements, assess risks, and ensure strong governance and compliance across the organization.
• Plan and execute risk-based internal audit assignments across finance, commercial, and project management functions in line with the approved audit plan.
• Conduct process walkthroughs, control testing, and substantive procedures to evaluate the effectiveness of internal controls.
• Prepare risk and control matrices, audit programs, and working papers in accordance with Internal Audit standards.
• Lead audit fieldwork, coordinate with stakeholders, and ensure timely completion of audit assignments.
• Draft clear and impactful audit reports highlighting findings, root causes, risk implications, and practical recommendations.
• Present audit findings to business leaders and senior management, facilitating discussions on remediation and control improvements.
• Monitor and follow up on implementation of agreed management actions and escalate overdue items where necessary.
• Conduct finance function audits covering revenue recognition, accounts payable/receivable, general ledger, treasury, fixed assets, and financial reporting processes.
• Review compliance with IFRS standards relevant to real estate, particularly revenue recognition and lease accounting.
• Audit real estate development and capital project processes including procurement, tendering, contract management, cost control, and project governance.
• Evaluate budget-to-actual variance, project cost forecasts, change orders, and project risk management practices.
• Assess compliance with UAE real estate regulations including DLD, RERA, and escrow account requirements for off-plan developments.
• Support enterprise risk management initiatives, annual risk assessments, and special investigations where required.
• Stay updated on regulatory developments and governance best practices within the UAE real estate and construction sector.

Experience & Skills

• Chartered Accountant (ICAI or internationally recognised equivalent).
• 5–8 years of post-qualification experience in Internal Audit, preferably within real estate developers, construction, or project-based organizations.
• Strong understanding of finance processes, financial reporting controls, and IFRS standards applicable to real estate developers.
• Experience auditing capital projects, construction procurement, contract management, and project cost controls.
• Working knowledge of FIDIC contract structures, project governance frameworks, and tendering processes.
• Familiarity with UAE real estate regulatory environment including DLD, RERA, escrow compliance, and developer obligations.
• Hands-on experience with ERP systems such as SAP, Oracle, or similar platforms.
• Strong analytical, investigative, and risk assessment skills with high attention to detail.
• Excellent report writing, stakeholder management, and presentation skills.
• High standards of professional ethics, independence, and objectivity.

Preferred Qualifications

• Additional certifications such as CIA, CISA, CFE, or PMP.
• Experience with project performance measurement techniques such as Earned Value Management (EVM).
• Exposure to BIM (Building Information Modelling) within project environments.
• Familiarity with data analytics tools such as ACL, IDEA, Power BI, or SQL/Python-based analysis.
• Experience working within the UAE or GCC real estate development sector.
• If you believe you have the expertise to strengthen governance and risk management across world-class developments, please click apply and join Amali Properties in shaping the next generation of ultra-luxury real estate.