Internal Auditor

Job description / Role

Internal Auditor

Job Purpose:

To coordinate and effectively conduct internal audits to provide Management an assurance that the following are aligned towards the achievement of overall company objectives:
• Company’s resources are economically and effectively utilized and safeguarded
• Reliability and integrity of information provided to Senior Management
• Compliance with Company’s policies and procedures, as applicable
• Adequate system of internal control, risk management and corporate governance within Company.

Key Accountabilities:

Internal Audit
• Plan and execute audits and reviews, including special ad-hoc investigations and other reviews as may be requested by the Senior Management.
• Carry out audit assignments in accordance with the International Auditing Standards and Professional Code of Ethics. All audit findings and issues are properly documented, communicated and agreed upon with the auditees.
• Draft audit report in a concise manner and that audit issues are placed in appropriate context with recommendations presented in a persuasive manner for proper implementation by the auditees. Also, follow up periodically with the auditees on implementation of agreed audit actions.
• Communicate effectively and professionally with auditee management throughout the audit process.
• Establish and maintain effective business relationships within the organization and maintain knowledge of assigned functional departments.

Investigations
• Perform investigations involving allegations of irregularities, fraud, corruption and other violations of the Company’s Code of Conduct as communicated by the the management
• Collaborate/ coordinate with other stakeholders (e.g., Legal, HR, Finance, etc.) to conduct forensic and other investigation requirement to appropriate channels for investigation and resolution.
• Carry out investigations in a fair, objective, thorough manner and in compliance with relevant policies and regulations.
• Evaluate the adequacy and effectiveness of internal controls; identify and communicate the results of the investigation, including control deficiencies, the causes and recommendations to Operational, Legal, and HR management.
• Provide concise and timely updates to the Head of Audit on the progress of investigations and deficiencies identified.
• Evaluate the anti-fraud framework and provide recommendations for improvement.
• Follow-up with the management over the implementation of actions arising from investigation reports
• Maintain a log register of all complaints and reports received, investigated and decisions taken.
• Prepare clear, comprehensive and cohesive investigative reports and memoranda in a timely manner and present the findings and recommendations of an investigation to Audit Manager and Head of Audit.
• Ensure that all documentations and evidences on cases and incidents investigated are maintained and kept in a secure place with access restricted only to authorized parties and proper chain of custody is maintained.

Audit Reports
• Prepare clear, comprehensive and cohesive investigative reports and memoranda in a timely manner and present the findings and recommendations of the investigation for review and approval.
• Recommend practical improvements options corresponding to the observations with an objective to contribute to the improvement of governance, risks and control processes to assist in the achievement of the company business objectives.
• Ensure adequacy of the corrective actions taken on audit recommendations / improvement options.
Key Personal Attributes
• A good blend of creative thinking and rigorous analysis in solving business problems.
• High energy individual possessing excellent analytical, interpersonal, communication and presentation skills. Adept at preparing and presenting to senior audiences.
• Demonstrates excellent leadership and interpersonal skills. Must be able to maintain a professional demeanor in times of high stress.
• Excellent time management skills. Must have ability to multi-task.

Minimum Experience & Knowledge & Skills
• Minimum 3 years varied experience in internal audit, audit & fraud risk assessment, investigations, case handling, management, project management and implementation, ethics and compliance or related functions
• Experience in Real Estate, Transport, Manufacturing & industries, Food & Beverages and oil & gas sector is an advantage
• High level of proficiency in English and Arabic is preferable

Professional Certifications
• Certification (at least one) e.g. ACCA, CPA, CIA, CISA,
• Forensic Certification is a preferable (e.g. CFE)

About the Company

The AJ Al Asmawi Group of Companies is a large, diversified business conglomerate operating in industries including Trading, Oil and Gas, Metal Fabrications, Metal Coating, Polystyrene, Transportation, Food and Beverage, Logistics, Road Building Contracting and Real Estate Developing. Since its conceptualization in 1980, the group has transformed into a front-runner in multiple business sectors and has tackled heavy-duty challenges on the road to success. As one of the region’s largest independent family-owned groups, AJ Al Asmawi Group is built on a resilient foundation of trust, commitment and integrity, and even through changing and turbulent times, AJ has scaled from strength to strength, across different business industries.

AJ Al Asmawi Group was set up in Dubai, UAE where, decades ago, trade and commerce flourished in conjunction with the discovery of oil and gas reserves in 1966. UAE soon rose to the forefront of business hubs in the Arabian Gulf, and it is in this environment that AJ Al Asmawi Group began to develop its business practices. Through interests in trade, construction, manufacturing, transport and Oil and Gas, Mr. Abdul Jalil Mahdi Mohd Al Asmawi founded the business, and injected direction and guidance into the group that grew it into the powerful, diversified conglomerate it is today.

Abdul Jalil Mahdi Mohd Al Asmawi carved a niche for the organization through his vision, which was supported by his father Mr. Mahdi Al Asmawi. He is now one of the pivotal heads of the business across many industries in the Middle East.

A strategic move in 1983 brought Al Jalil International General Trading LLC (Dubai, UAE) under the leadership of Mr. Abdul Jalil Mahdi Al Asmawi, and in accordance with his directive, AJ Group incorporated a keen focus on the heavy construction equipment trading sector, and undertook ventures in real estate, manufacturing, industry and transportation. Through the last 45 years, AJ Al Asmawi Group has developed lucrative projects and ventures in Dubai’s bustling, modern business eco-system. We strive to provide service excellence and a unique experience to all clients through our professional and passionate teams

AJ Al Asmawi Group also boasts a dedicated team of professionals who believe in innovation and progressive business management models. The group’s corporate strategy reflects a commitment to sustainable business practices, balanced responsibility, continual growth and sustainable productivity.