Senior Manager - Operational And Financial Audit

Job description / Role

Retail

About the company

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

We are currently seeking an experienced audit professional to join our Group Audit Team in the capacity of Senior Manager - Operational & Financial Audit.

Plan, direct and monitor the audit activities of a team of audit professionals to minimise risk; recommend improvements to the controls and governance of the organisation's financial, operational and managerial processes and IT systems; and provide reasonable assurance that the organisation complies with established company policies and procedures.

Reporting to SGM directly and responsible for assigned geographies/sub-cluster.

What you will do

• Development of an annual audit plan after performing a risk assessment. Such a plan should be documented in the Audit Management System (AMS) with details on the audit subject, company, location, month in which the audit is to be performed and budgeted days to ensure optimum coverage without compromising quality.
• Audit program for each audit assignment should be available before the commencement of the audit. This should be documented as a template in AMS with risks, controls, and tests to be performed.

• Perform internal audit assignments.
• Supervise the audit team to conduct internal audit assignments.
• For both activities, ensure to provide an evaluation of adequacy and effectiveness of the system of internal control and quality of performance in carrying out assigned responsibilities in all business processes/segments of the Group.

• Manages all resources efficiently to ensure the engagement objectives are met.
• Anticipates and responds sensitively to staff problems, concerns and questions.
• Strives for quality and excellence and encourages others to do the same.
• Delegates tasks in a constructive and supportive fashion.
• Takes personal responsibility for results delivered in areas of responsibility.
• Monitors staff performance and workload and provides constructive and timely feedback to help others achieve their goals.
• Coaches staff to enhance their competence and supports professional development by implementing a plan that caters to career progression.

• Documentation of audit work in the Audit Management System, which can fully support the audit findings.
• Prepare professional audit reports that clearly communicate findings, analysis, appraisals, recommendations and information concerning the activities audited.
• Management should be timely updated with key findings through audit review meetings.
• Preparation of executive summary for each engagement, along with the detailed report and audit follow-up form.
• Assist SGM in preparing a periodic summary report for presentation to the Vice Chairman/Divisional President after Group Director - Internal Audit has reviewed it.
• The job holder needs to follow up on the implementation of audit recommendations.

• Ability to extend audit coverage to a broader and more representative population using computer-based audit techniques, e.g. use of AI/Data Analytics.

• Such consulting assignments are performed based on management requests in order to establish a fact or to evaluate a specific situation.

• Fraud investigation should be conducted to identify the loss/exposure, control weaknesses, personnel responsible and recommendations to prevent reoccurrence.

• Report to the Audit Committee on a periodic basis, which should provide an update on performance vs. audit plan, key risk issues, open/non-implemented recommendations, etc.

• Strong analytical skills.
• High degree of tact, self-reliance, technical and management skills.
• Exceptional ability in oral and written communication.
• Familiarity with ERP systems.
• Experience working for an automotive company is highly desirable.

• Chartered Accountant, CPA, ACCA, CIA or MBA Finance.
• 10 years in operational and financial audits.

We're here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

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

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 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.

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