To conduct audits for various departments of the company and its subsidiary to assess internal controls, accuracy of financial and administrative records, with approved policies and procedures, efficiency of operations, formalization of risk management processes and ensures communication of the audit findings to management. Furthermore, as it will be required to coordinate and implement A whistle blowing policy and will be responsible for designing and updating the relevant policies and procedures.
Assist the manager in preparing and implementing department policies, procedures and controls covering all areas of Internal Audit department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost¬ effective service to customers.
Participate in planning and execution of annual audit plan to review significant functions & processes of the company.
Implement the audit objectives and audit plans for assignments, including time estimates, plan of work and steps necessary to collect data and document findings.
Coordinate in developing control mechanisms to mitigate risk (operational risk, financial, fraud risk, information technology etc.), financial and administrative controls; review their implementation (including Special Projects) and control effectiveness.
Assist the manager in delivering a comprehensive, ongoing risk-assessment for different processes, departments, and/or activities of the company to assess strategic, financial, operational, and risks associated with the processes of the company.
Report on the execution of audit programs during each engagement to the Head of Internal Audit to ensure that fieldwork is being performed in accordance with audit programs.
Review data analysis techniques and innovative approaches used to analyze performance and identify areas for improvement.
Participate in the assessments and evaluations of the company policies and procedures to ensure that adequate controls are designed to mitigate associated risks, identify and report on possible improvement opportunities to departmental policies and procedures to promote effectiveness and efficiency of operations.
Maintain effective relationships with all departmental personnel with highest standards of business ethics.
Assist in monitoring accuracy & timely updating and maintenance of the Audit Software (e¬ governance portal).
Assist in carrying out ad-hoc reviews to investigate any areas identified by management or the audit department itself.
Perform any other tasks as directed by the Head of Internal Audit.
Provide support and initiates actions upon the identification of fraud cases based on directions reviewed by Audit Committee.
Handle the receipt of complaints related to suspected breach of any laws, regulations or code of conduct submitted by employees or the public.
Examine the complaints received to obtain further information and evidence.
Prepare a memo on the outcomes of the examination and make recommendations to the competent authority within the company to either:
Dismiss and file the matter without further action due to inaccuracy, absence of a violation, insignificance or any other dismissal reasons. Or
Refer the matter and violators to the Legal Department or relevant investigation committee within the copmany for investigation, in accordance with applicable laws, regulations and procedures.
Assist the Audit Director in drafting detailed audit reports and final working papers
|Job Location:||Abu Dhabi, United Arab Emirates|
|Job Role:||Accounting and Auditing|
|Company Industry:||Manufacturing and Production|
|Monthly Salary:||US $15,000|
|Nationality:||United Arab Emirates|
Source: Bayt Dubai JobsRegister to Apply Bayt jobs