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INTERNAL AUDIT DEPARTMENT MANAGER
Ref No.: 14-00168
Location: Abu Dhabi AE
Position Type:Direct
Experience Level: 8 Years
Start Date: 29/01/2014
Our client, Goverment Oil and gas company looking forward to recruit for the position of "Internal Audit Department Manager " in Abu Dhabi

Minimum Requirments:
Knowledge: University Degree with a Major in Accounting. Professional Accounting Qualification i.e. ACA, ACCA, CPA, CIA or CISA is preferable.
Experience: Minimum 10 years of relevant experience preferably in oil and gas or petrochemical industries or international audit firms.
Skills: Strong understanding of audits and high level of proficiency in English; Working knowledge of Arabic desirable

Responsibilities:
  • Manages and supervises the activities of assigned personnel in Corporate Audit and Assurance Function (CAAF). Performs supervisory functions and exercises financial authority at the Department Manager level as established by Management for the position.
  • Participates in setting business objectives of CAAF in line with overall business objectives of the Division for the coming and subsequent years. Submits the same for Vice President Corporate Audit and Assurance (VP CAAF) approval.
  • Participates in the identification and assessment of business risks within assigned areas of responsibility for development of the Annual Audit Work Plan.
  • Participates in preparation of financial/operational risk-based annual and long term audit plans.
  • Schedules projects and staff assignments within the scope of the overall program and the Annual Audit Plan.
  • Participates in the development of audit standards, policies and procedures manuals and training guides.
  • Discuss with Sr. Internal Auditors the objective, scope and audit approach for each audit.
  • Discuss / Reviews the audit programs prepared by audit staff.
  • Directs each audit to ensure that professional standards are followed
  • Reviews financial / operational audit work-papers and counsels and guides auditors and assigned technical experts to ensure that approved audit objectives have been met and that adequate coverage has been obtained to support the conclusions and recommendations.
  • Reviews and edits audit reports with auditors in-charge and discusses the reports with appropriate management. Submits final reports to VP CAAF for review/ approval prior to submission to senior management.
  • Recommends improvements in business processes and management controls designed to mitigate business risks, safeguard company assets and contribute to growth and improve profitability/economies.
  • Performs research on management and operating systems, procedures and controls and audit techniques.
  • Performs audit reviews of assigned areas in Company to promote effective and efficient controls at all levels of management.
  • Reviews and comments on proposed company policies and procedures related to assigned area of responsibility.
  • Performs and reviews project audits, including close-out audits on major projects and contracts associated therewith.
  • Performs ad hoc appraisals, special audits and fraud investigation, as directed by the
  • VP - CAAF. For particularly sensitive audits, performs the duties and responsibilities of Senior Internal Auditor.
  • Represents CAAF in special committees observing independence and objectivity to provide professional advice and consultancy services, as directed
  • Participates in the process of hiring, training and development of audit staff and UAE national graduates.
  • Implement the approved audit methodology as defined in IA Procedure Manual.
  • Implement plan for promoting awareness within the company on procedure to handle and report unethical acts.
  • Preparation and submission of IAD ADP monthly progress report to VP-CAAF covering various areas including implementation status of Audit Plan, Budget performance, Audit recommendation's implementation status, Department's KPI status, area of concerns require VP-CAAF / Management's attention for resolution etc