Vp - Internal Audit

3 weeks ago


Abu Dhabi, United Arab Emirates Robert Half United Arab Emirates Full time

**The Company**
Robert Half is working exclusively with a leading Utilities Holding company based in Abu Dhabi who are looking to recruit a VP - Internal Audit.

**The Role**
To plan, direct and manage Internal Audit activities and resources through the implementation of Internal Audit policies, processes and programs for the business whilst ensuring alignment to the established frameworks, controls, and tools to enable the Internal Audit function to identify and mitigate potential business risks, while maintaining the highest levels of confidentiality and integrity. To ensure timely performance of assigned audit & assurance engagements, from start to finish, inclusive of preplanning and wrap up activities.

**Key Responsibilities**
- Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
Manage the effective achievement of assigned objectives by setting of individual objectives, managing performance, developing, and motivating staff to maximize sectional performance.
- Act as a role model and drive adherence to organizational values and ethics by employees of the assigned department to foster a value driven culture within the organization.
- Lead the effective collaboration with all business partners (Finance, Supply Chain, IT, HC and Legal) at departmental level to co-deliver defined key performance indicators (KPIs) in line with the overall business plan.
- Ensure effective implementation of Internal Audit department policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.
- Identify opportunities for and support in implementation of continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
- Ensure that all departmental reports are prepared timely and accurately and meet requirements, policies, and quality standards.
- Participate in the development and implementation of the Internal Audit charter including the identification of functional objectives, scope, and responsibilities in alignment with the corporate strategy.
- Assess and report to Director Internal Audit on the effectiveness of the systems of risk management and internal control through delivery of an audit programme and approach that meets external internal audit standards.
- Drive the review of the business risk assessment and control measures by delivering a comprehensive process to assess the effectiveness of the control mechanisms and protect the business from any possible losses.
- Drive the development of internal audit reporting mechanisms and protocols for divisions to improve effectiveness and efficiency of the internal audit process.
- Provide input to Director Internal Audit on the development of the audit plan and assess the level of adherence to policies and procedures and identify the risks and the appropriate tools to control them.
- Plan & direct the implementation of the audit programs and ensure the provision of required guidance to the audit team to carry out audit assignments for the various functions so that violations and fraudulent business activities can be detected, reported and investigated in a timely and effective manner.
- Lead the development of scope of work for the assigned audits, ensuring coverage of critical business risks, processes and controls
- Regularly coordinate with internal and external parties (e.g., Legal, and external auditors) to ensure that the appropriate course of action is taken against any fraudulent activities.
- Lead the development of audit programs and advise on the suitable system tools necessary to carry out the specific audit to ensure that all technical requirements of the audit process are readily available.- Bachelor's degree in Accounting, Finance, Business Administration, or any other related field (including engineering, etc.).
- Professional audit certificate such as CIA, CISA, is required.
- Master's degree in Business Administration, Accounting, Finance or any other related field is highly preferable.
- 15 years or above relevant experience in Internal Audit Management.
- Industry experience within Oil & Gas, Power or Utilities

**Salary and Benefits**
Up to 80,000AED DOE per month plus additional benefits



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