Internal Auditor

7 months ago


Dubai, United Arab Emirates Combuzz HR Solutions Full time

**Job role**:
***
- Design and submit a risk-based internal audit plan to the senior management and the ARCC for review and approval.
- Review and adjust the internal audit plan, as necessary, in response to changes in the Company’s business, risks, operations, programs, systems, and controls.
- Follow up on engagement findings and corrective actions, and report periodically to senior management and the ARCC any corrective actions not effectively implemented.
- Ensure each engagement of the internal audit plan is executed, including the establishment of objectives and scope, the assignment of appropriate and adequately supervised resources, the documentation of work programs and testing results, and the communication of engagement results with applicable conclusions and recommendations to appropriate parties.
- Ensure conformance of the internal audit activity with the Standards, with the following qualifications:

- If the internal audit activity is prohibited by law or regulation from conformance with certain parts of the Standards, the HIA will ensure appropriate disclosures and will ensure conformance with all other parts of the Standards.
- If the Standards are used in conjunction with requirements issued by CBUAE, the HIA will ensure that the internal audit activity conforms with the Standards, even if the internal audit activity also conforms with the more restrictive requirements of CBUAE.

**Authorized to**:
The IA will report functionally to the ARCC and administratively (i.e., day-to-day operations) to the General Manager.

To establish, maintain, and assure that the Company’s internal audit activity has sufficient authority to fulfil its duties, the ARCC will:

- Approve the internal audit charter.
- Approve the risk-based internal audit plan.
- Approve the internal audit activity’s budget and resource plan.
- Receive communications from the HIA on the internal audit activity’s performance relative to its plan and other matters.
- Approve decisions regarding the appointment and removal of the HIA or any outsourcing / Co-sourcing of Internal Audit function to external parties.
- Perform annually a performance review/evaluation of the internal audit function.
- Make appropriate inquiries of management and the HIA to determine whether there is inappropriate scope or resource limitations.

Qualification: Professionally qualified in Accounting or Finance (CMA, CIMA, ACCA, ICAI,etc) Experience: Around 5 years with prior work experience in the Insurance, Banking or Finance sector. Timings: Monday - Friday, 8-5


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