Assistant Manager - Internal Audit | Group Audit | Corporate Services

Job description / Role

Job Requisition ID: 167726

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 Group's entrepreneurship and relentless customer focus enables the organization 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.

We are currently seeking an experienced internal audit professional to join our team in the capacity of Assistant Manager - Internal Audit.

Overview of the role

Perform operational and financial audit in accordance with the annual audit plan to evaluate:

• The existence, adequacy, and effectiveness of internal controls
• Compliance with company policies and operating procedures
• Controls on the safeguarding of assets
• Economic and efficient use of resources
• Reliability and integrity of information
• Accomplishment of established business objectives

What will you do

• Internal Controls: Review the business process in order to identify the gaps and to ensure adequate controls are built in.
• Group Policies and Procedures: Review the approval process to ensure that the Group policies/procedures and delegation of authorities are complied with.
• Risk Assessment: Design risk assessment modules in order to establish volume/profit relationship and to identify potential high-risk customers.
• Safeguarding Company Assets: Carry out audits to ensure that the principal assets of the Group are safeguarded.
• Drafting Audit Reports: Prepare draft audit reports for enhancing controls in risk areas and to highlight the shortcomings.
• External Audit: Provide assistance to external auditors in order to facilitate successful accomplishment of their objectives.

Required skills to be successful

• MBA (Finance) or member of a professional body of accountants (e.g., CPA, ACA, ACCA, CIA, or ACMA) or be a partly qualified professional.
• Exposure to ERP software such as SAP and Oracle is highly desirable.
• Analytical and conceptual skills, ability in oral communication and report writing. Familiarity with computerized systems (preferably SAP), including PC spreadsheets and databases.

What equips you for the role

• 4 to 5 years post-qualification experience in audit.

We're 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 "apply": 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 personalized 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 behaviors, 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.