Job closed
Ref: LP612-57
Job description / Role
• To perform risk assessment of audit area and prepare audit plan and perform internal audits in accordance with the Audit Plan in order to provide independent objective assurance designed to improve operational efficiency, internal control, effectiveness of risk management and governance processes.
• To review business functions independently in order to assess the efficiency of function, resource utilization, value addition to the organization.
• To perform independently the audit of property, construction projects, facility management, Free Zone, financial services and general corporate functions and other assignments as allocated
Requirements
• Prepare audit program for the audit assignment determining the nature, extent and timing of audit tests.
• To perform risk assessment to identify the risks associated with each activity and use that as input to prepare audit program
• Independently execute audit work in accordance with the Audit Plan in many industries such as property, construction projects, facility management, Free Zone, financial services and other corporate functions.
• Prepare draft audit reports and discuss the draft reports audit points with concerned auditees
• Ensure that proper internal controls are in place and the operations of DMCC Group are conducted in an efficient manner
• Identify the cost effective improvements in the areas audited.
• Identify the opportunities for improvements in business efficiency and resource utilization
• Perform special assignments and studies as assigned and participate in assignments of sensitive nature.
• To review the newly developed procedures and guidelines in the organization and to assess its fit for purpose as assigned
• To acquire and update the knowledge of COSO internal control framework, ERM framework, use as basis to perform audits
• To administer and maintain GRC (Governance Risk and Compliance) system.
Experience:
• 5 to 10 years of relevant work experience of which at least 3 years in internal audit
• Experience in industries such as Property Development, Construction, Financial Services and Free Zone.
Education:
• Graduate in Commerce, Finance related field
• ACA – Chartered Accountant / ACCA – Chartered Certified Accountant / CPA – Certified Public Accountant (USA).
• CISA – Certified Information Systems Auditor (desirable)
The successful candidate will enjoy the following benefits:
• Market competitive basic salary
• Housing allowance
• Transportation allowance
• Annual flight allowance
• Other alternative family benefits including schooling
• Company gratuity scheme that includes long term incentive plan
• Discretionary bonus schemes
• Generous annual leave
• Medical and life insurance cover
• Free covered parking
• Retail discounts with over 450 outlets across JLT
About the Company
Dubai has historically been an international hub for the physical trade of not only gold, but also many other commodities and so the establishment of the Dubai Gold & Commodities Exchange (DGCX) was the next logical step for the region and the local economy. DGCX commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East.
DGCX is a subsidiary of Dubai Multi Commodities Centre (DMCC), a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market, financial infrastructure and services required. The Management team of DGCX comprises senior personnel from the commodities, securities and financial services industries bringing a wealth of experience and expertise to ensure the success of DGCX.