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Senior Internal Auditor (UAE National)
Emirates Investment Authority
Source: Headcount Labs · original listing ↗
Job data: Headcount Labs, ODbL 1.0. Job descriptions belong to their employers.
Posted Oct 22
About this role
Responsibilities and Duties * Develop a deep understanding of EIA’s operations and processes to implement and enhance internal audit practices effectively. * Support the Chief Internal Auditor in creating the multiyear Audit Plan and the annual Internal Audit Plan, ensuring the audits are comprehensive, efficient, and effective. * Lead and conduct regular and ad hoc audits across all EIA functions, including investments, in collaboration with the Chief Internal Auditor and Internal Audit Manager. * Plan and oversee individual audit assignments, including the preparation of notification letters, audit programs, and summary memos, in accordance with the audit manual. * Coordinate audit activities with managers to ensure alignment on schedules and audit scope. * Foster strong business relationships with line management to maintain ongoing communication and ensure audit recommendations are implemented. * Perform detailed audits across all EIA departments, identifying risk management deficiencies, control gaps, fraud red flags, compliance issues, and opportunities for operational improvement. * Review and assess internal controls, business processes, and policies, recommending improvements to mitigate risks and enhance the protection of EIA’s assets. * Stay current with industry trends and best practices in internal auditing, ensuring EIA's audit processes are aligned with global standards. * Supervise both internal and external (co-sourced) auditors, ensuring audit quality and adherence to standards. * Formulate actionable recommendations to mitigate identified risks, improving overall operational effectiveness. * Prepare comprehensive audit reports documenting findings, and communicate them with key stakeholders, including the Chief Internal Auditor and Internal Audit Manager. * Report on audit progress, detailing work completed, scope, materiality, findings, and recommendations. * Support audit activities related to portfolio companies as required, ensuring compliance and risk mitigation across the organization. * Ensure compliance with EIA’s Internal Audit Manual and the IIA’s Standards for International Professional Practices Framework (IPPF) for internal auditing. * Perform follow-up audits on agreed actions from previous audit reports and present findings to relevant committees. * Contribute to the preparation of materials for the Audit Committee, including reports and presentations. * Coach and mentor UAE nationals, fostering talent development and promoting knowledge transfer, particularly in internal audit practices. * Manage departmental administrative tasks, such as maintaining the IA Share Folder. * Support other audit-related tasks as directed by the Chief Internal Auditor. Requirements Education * Bachelor’s Degree in Accounting, Finance, or a related field. * A higher degree or relevant professional certifications (e.g., CPA, CIA, ACCA) are highly preferred. * Ongoing studies towards obtaining additional professional certifications are an advantage. Background and Experience * 4–6 years of relevant experience, preferably in internal audit or risk management. * Experience in the financial services sector is an advantage. * In-depth knowledge of IAS/IFRS, audit reporting, compliance, and financial analysis. * Familiarity with the Institute of Internal Auditors (IIA) Standards for the International Professional Practices Framework (IPPF) or equivalent audit standards. * Experience in risk assessment and management reporting. * Fluent in both English and Arabic. * UAE National preferred. Personal Attributes * Consultative Solutions Builder: Ability to act as a trusted advisor and solutions-oriented partner, working collaboratively with stakeholders to identify opportunities for improvement and build tailored solutions that address business needs. * Analytical Problem-Solver: Demonstrates strong problem-solving skills, using hypothesis-driven thinking and rigorous analysis to identify root causes and develop effective recommendations. * Attention to Detail: Highly focused on accuracy and precision, with a strong ability to manage complex tasks with meticulous attention to detail. * Goal-Oriented: Strong drive to achieve results, with the ability to work efficiently under tight deadlines while maintaining a high standard of work. * Excellent Communication Skills: Ability to communicate complex ideas clearly and concisely, both verbally and in writing, and to influence stakeholders through persuasive presentations and well-structured reports. * Team Player: Collaborative approach, with the ability to work effectively with subordinates, peers, and superiors, building strong relationships across the organization. * Self-Motivated: Demonstrates initiative and ambition, with a proactive attitude and a willingness to take on new challenges and make a positive impact. * Ownership and Accountability: Takes full responsibility for the quality and outcomes of assigned work, ensuring tasks are completed efficiently and effectively. * Adaptable and Resilient: Comfortable in a fast-paced, evolving environment, with the ability to adjust to changing organizational needs and contribute to the growth of a newly established internal audit function. * Mentorship and Development Focus: Passion for developing talent and supporting the professional growth of UAE nationals, especially within the context of internal audit.