Internal Auditor
Employer not yet confirmed · UAE
The purpose of this role is to conduct independent and objective assessments of Emarat’s financial and operational processes to ensure compliance with internal policies, regulatory requirements, and industry standards. The Internal Auditor will evaluate the effectiveness of risk management, control, and governance processes, providing insights and recommendations for improvement. By identifying areas of potential risk and inefficiency, the Internal Auditor will help enhance the organization’s operational effectiveness and safeguard its assets. This role is essential in promoting a culture of accountability and continuous improvement within the organization.
Key Responsibilities
• Conduct comprehensive audits of financial and operational processes to assess compliance with internal policies, regulatory requirements, and industry standards, ensuring accuracy and integrity in reporting.
• Evaluate the effectiveness of risk management practices, internal controls, and governance processes, identifying areas of potential risk and recommending improvements to enhance operational efficiency.
• Prepare detailed audit reports that summarize findings, highlight areas of concern, and provide actionable recommendations for management to address identified issues.
• Collaborate with various departments to facilitate the audit process, ensuring that all relevant information is gathered and that audit recommendations are understood and implemented effectively.
• Monitor the implementation of audit recommendations and follow up on corrective actions to ensure that identified issues are resolved in a timely manner.
• Stay updated on industry trends, regulatory changes, and best practices in auditing to continuously improve audit methodologies and enhance the effectiveness of the internal audit function.
• Assist in the development of the annual audit plan, prioritizing audit activities based on risk assessments and organizational needs.
• Perform audit testing and fieldwork under the guidance of assigned line Manager. Focuses on data collection, documentation, and basic analysis.
• Provide logistical and administrative support during fraud investigations, including organizing documentation and scheduling interviews.
• Support special audits and investigations by performing assigned tasks and assisting team members.
Quality & Excellence Management:
• Develop and implement quality assurance processes and standards for the internal audit function to ensure compliance with professional auditing standards and best practices, enhancing the overall quality of audit activities.
• Conduct regular reviews of audit methodologies and practices to identify areas for improvement, ensuring that the internal audit process remains effective, efficient, and aligned with organizational goals.
• Provide training and support to internal audit team members on quality management practices, auditing standards, and relevant regulations, fostering a culture of continuous improvement and professional development.
• Monitor and analyze key performance indicators (KPIs) related to audit quality and effectiveness, reporting findings to management and recommending strategies for enhancing audit performance.
• Facilitate feedback sessions with stakeholders to gather insights on the audit process and outcomes, using this information to refine audit practices and improve stakeholder satisfaction.
Qualifications:
• Required: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Preferred: Professional Certifications CIA, CPA, CISA
Experience:
• Required: 3-5 years of experience in internal auditing, accounting, or finance.
• Preferred: Experience with risk assessment and internal control evaluation.