Senior Manager Operational and Financial 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 Group’s 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 Audit Manager is responsible for developing and implementing comprehensive financial and operational audit policies and programs for Al Futtaim Group. This includes safeguarding assets, ensuring resource efficiency, complying with laws and regulations, and achieving established organizational objectives. The role involves evaluating internal control adequacy across various sectors and preparing detailed audit reports. The Audit Manager plays a critical part in human resource development by training and supervising the audit staff, and in engaging in special audits and fraud investigations when necessary. Continuous enhancement of audit approaches to include computer-aided techniques and maintaining updated knowledge of audit methodologies are central to this role.

What you will do

Audit policies and programs
Initiate, develop, and implement audit policies, plans, objectives, procedures, and programs.
Ensure completeness and quality conduct of operational and financial audits within department budget and long-range goals.

Operational and financial audit
Examine and evaluate the adequacy and effectiveness of internal control systems across all business segments.
Review financial and operational information systems for reliability, integrity, and compliance with approved policies and regulations.
Appraise the economy and efficiency of resource usage within the Group.
Ascertain operational consistency with established objectives and goals.

Audit reports and records
Maintain information and records for efficient audit execution and prepare detailed professional reports.
Lead meetings with management to present audit findings and discuss critical issues with Group Director - Internal Audit.
Prepare executive summaries and monthly summary reports for upper management review.

Computer assisted audit
Leverage computerized audit techniques to expand audit coverage and enhance efficiency.
Collaborate with IS Audit on technical matters concerning data analysis and system audits.

Human resource development
Supervise, motivate, and train audit staff to uphold high professional standards.
Participate in auditor recruitment, training, and performance evaluation.

Frauds and special assignments
Conduct in-depth investigations of fraud, misappropriations, and prepare findings reports with recommendations.
Perform special assignments as requested by Group Director - Internal Audit or management.
Liaise with external auditors to ensure effective collaboration and complementary audit efforts.

Required skills to be successful

• Strong analytical and technical skills
• Exceptional oral and written communication abilities
• Proficiency in computerized financial and operational systems
• Experience in developing and implementing audit policies and programs

What qualifies you for the role

• MBA in Finance or qualification as a Professional Accountant
• Minimum 10 years of experience in operational and financial audits across various sectors such as trading, retail, manufacturing, or real estate
• Strong analytical skills complemented by exceptional written and oral communication
• Familiarity with computerized financial and operational systems

Additional information

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 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.