Assistant Manager Internal Audit

Job description / Role

Company Overview

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions: automotive, financial services, real estate, retail, and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Groupu2019s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the Role

The Assistant Manager Internal Audit is crucial for evaluating operational and financial processes to ensure robust internal controls, compliance with company policies, safeguarding of assets, efficient resource utilization, and reliable information integrity. The role involves developing audit plans, conducting audits, preparing insightful audit reports, and implementing recommendations. The Assistant Manager will contribute to special assignments and fraud investigations, maintaining high performance standards and supporting the mission of protecting the interests of the Al Futtaim Group.

What You Will Do

• Assist the Audit Manager in developing an annual audit plan by assessing risk levels.
• Help develop audit programs for each audit assignment before commencement, documented in AMS with risks, controls, and tests.

• Conduct internal audits to evaluate the effectiveness of internal controls and performance quality across all business processes.
• Review approval processes to ensure Group policies and delegations of authorities are adhered to.
• Ensure the safeguarding of group assets.

• Document audit work in the Audit Management system to fully support audit findings.
• Prepare professional audit reports detailing findings, analyses, appraisals, and recommendations.
• Ensure timely updates of key findings to the Audit Manager.
• Discuss preliminary findings with relevant staff to highlight observations and obtain management concurrence.
• Assist in preparing executive summaries for each engagement, detailed reports, and audit follow-up forms.
• Assist in follow-up on the implementation of audit recommendations.

• Extend audit coverage using computer-based audit techniques for a broader and more representative population.

• Achieve high professional standards in audit performance, reports, and recommendations in line with International Standards of Internal Audit and Group policy.

• Conduct consulting assignments based on management requests to establish facts or evaluate specific situations.

• Conduct fraud investigations to identify losses, control weaknesses, responsible personnel, and preventive recommendations.

Required Skills to Be Successful

• In-depth knowledge of internal controls and auditing standards.
• Advanced proficiency in data analytics and spreadsheet software.
• Strong verbal and written communication skills, including report writing.
• Experience with ERP systems such as SAP and Oracle.
• Ability to manage multiple tasks efficiently.

What Qualifies You for the Role

• Chartered Accountant (CPA, ACA, etc.), ACCA, MBA (Finance), CIA, CFA with internal audit function knowledge.
• Minimum of 5 years experience in internal auditing.
• Thorough knowledge of internal controls and generally accepted internal auditing standards.
• Proficiency in data analytics through spreadsheets and familiarity with ERP software such as SAP and Oracle.
• Self-driven ability to execute audit assignments with minimal supervision.
• Effective communication skills across organizational hierarchies.
• Ability to multitask as required.
• Familiarity with data analytics software and audit management/documentation systems.

Candidate Experience

Weu2019re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click u201capplyu201d: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our values of respect, integrity, collaboration, and excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.