Corporate Internal Audit Manager

The Corporate Internal Audit Manager is a pivotal role responsible for overseeing and leading the internal audit function within the organization. This role involves evaluating and enhancing the effectiveness of risk management, control, and governance processes.

Job Responsibilities:

• Audit⠀Planning:⠀Corporate⠀Internal⠀Audit⠀Manager
• Develop⠀and⠀execute a⠀risk-based⠀annual⠀audit⠀plan,⠀considering⠀the⠀organization's⠀objectives⠀and⠀regulatory⠀requirements.
• Team⠀Leadership:⠀Lead and⠀manage a⠀team of⠀internal⠀auditors,⠀providing⠀guidance,⠀training,⠀and⠀ensuring⠀high-quality⠀audit⠀work.
• Risk⠀Assessment:⠀Identify⠀and assess⠀risks⠀within the⠀organization,⠀ensuring⠀controls⠀are in⠀place to⠀mitigate⠀potential⠀issues.
• Audit⠀Execution:⠀Conduct⠀comprehensive⠀audits of⠀various⠀departments⠀and⠀functions⠀to assess⠀compliance,⠀accuracy,⠀and⠀efficiency⠀of⠀operations.
• Reporting:⠀Prepare⠀detailed⠀audit⠀reports⠀with⠀findings,⠀recommendations,⠀and action⠀plans for⠀improvement,⠀and⠀present⠀these to⠀senior⠀management⠀and the⠀board.
• Compliance⠀Monitoring:⠀Ensure⠀that⠀audits are⠀conducted⠀in⠀compliance⠀with⠀relevant⠀laws,⠀regulations,⠀and⠀industry⠀standards.
• Process⠀Improvement:⠀Identify⠀opportunities⠀for⠀process⠀enhancements⠀and⠀recommend⠀changes to⠀increase⠀efficiency⠀and⠀effectiveness.
• Follow-up⠀Audits:⠀Monitor⠀and track⠀the⠀implementation⠀of audit⠀recommendations⠀to ensure⠀corrective⠀actions⠀are⠀taken.
• Stakeholder⠀Communication:⠀Collaborate⠀with⠀department⠀heads and⠀key⠀stakeholders⠀to address⠀audit⠀concerns⠀and⠀provide⠀insights⠀for⠀decision-making.
• Regulatory⠀Updates:⠀Stay⠀informed⠀about⠀changes in⠀relevant⠀regulations⠀and⠀standards⠀that may⠀impact the⠀organization.

Key Performance Indicators (KPIs):

• Audit⠀Effectiveness:⠀Percentage⠀of audits⠀conducted⠀that lead⠀to⠀meaningful⠀improvements⠀or process⠀changes.
• Compliance⠀Rate:⠀Percentage⠀of audited⠀processes⠀or⠀departments⠀found to⠀be in⠀compliance⠀with⠀relevant⠀policies⠀and⠀regulations.
• Timeliness:⠀Average⠀time taken⠀to⠀complete⠀an audit⠀cycle,⠀from⠀planning⠀to⠀reporting.
• Recommendation⠀Implementation⠀Rate:⠀Percentage⠀of audit⠀recommendations⠀successfully⠀implemented⠀within the⠀recommended⠀timeframe.
• Risk⠀Mitigation:⠀Reduction⠀in⠀identified⠀risks over⠀time due⠀to audit⠀interventions.
• Stakeholder⠀Satisfaction:⠀Feedback⠀from⠀senior⠀management⠀and⠀department⠀heads⠀regarding⠀the value⠀and⠀quality of⠀audit⠀insights.

Requirements:

• Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A professional certification such as CIA, CPA, or CISA is highly preferred.
• Experience: Minimum of 3-4 years of progressive experience in internal auditing with big4, including at least 3-5 years in a supervisory or managerial role.
• Audit Expertise: In-depth knowledge of auditing principles, practices, and standards, with a strong understanding of financial and operational processes.
• Regulatory Knowledge: Familiarity with relevant industry regulations, compliance requirements, and accounting standards.
• Analytical Skills: Strong analytical and problem-solving abilities, with the capacity to evaluate complex processes and identify areas for improvement.
• Communication Skills: Excellent written and verbal communication skills, including the ability to present findings and recommendations clearly and effectively.
• Team Leadership: Demonstrated ability to lead, mentor, and develop a team of auditors, fostering a culture of excellence and continuous improvement.
• Ethical Conduct: High level of integrity and ethical conduct in all aspects of auditing and business interactions.
• Adaptability: Ability to adapt to changing priorities and work under tight deadlines, particularly in response to emerging risks or regulatory changes.
• Technology Proficiency: Familiarity with audit management software, data analytics tools, and Microsoft Office suite.

Salary AED 22K-25K (all inclusive)