Audit and Assurance Manager
Audit and Assurance Manager is responsible for managing and executing the internal audit plan, ensuring compliance with company policies and regulatory requirements, and providing strategic insights to enhance operational efficiency and integrity.
Risk Based Strategic/Annual Audit Planning:
Develop risk-based strategic/annual audit plans for assurance and advisory/consulting engagements duly aligned with the organization’s strategic objectives, ARC priorities, and IA Manual/Standards.
Coordinate with stakeholders to understand key risks, challenges and needs for consideration in the risk assessment/audit planning process.
Continuously monitor business initiatives, emerging risks, regulatory developments, etc. for necessary updates in the risk assessment and audit plan.
Engagement Planning:
Lead end-to-end assurance and advisory/consulting engagements (including investigations) relating to various entities/departments/process in line with IA Manual and applicable standards (IIA Standards, etc.).
Prepare/present the Audit Planning Memorandum (i.e. objectives, scope, risks, timelines, etc.) for review and approval of the line manager/IA leadership.
Review the Risk and Control Matrix (RCM) for identification/evaluation of design, implementation and operating effectiveness of internal controls.
Engagement Performance and Supervision:
Manage/supervise and coach the engagement team and ensure engagements are timely completed while maintaining high quality and professional standards.
Detailed quality review the work papers prepared by the engagement team and ensure that sufficient & appropriate audit evidence is obtained, reviewed, and documented organized manners to support the audit conclusion/opinion.
Review and evaluate design, implementation and operating effectiveness of the internal controls.
Perform root cause analyses to determine underlying factors contributing to control deficiencies.
Ensure that review comments of the line manager/IA leadership are appropriately addressed.
Engagement Reporting:
Review/update the audit reports to ensure that audit reports are clear, concise, and contain important/relevant details as per IA Manual/Standards.
Recommend practical and effective solutions to mitigate risks and improve controls.
Discuss the findings and recommendations with the relevant process owners/ Management to obtain Management response/action plan and resolve disagreements (Exit Meeting and Close-Out Meeting).
Review/update the final report in line with IA Department/IIA Standards and submit for line manager’s review.
Ensure that review comments of the line manager/IA leadership are appropriately addressed.
Issue Tracking / Follow-Up & Monitoring:
Monitor the implementation of agreed-upon corrective actions and report on progress.
Provide advisory support to process owners during remediation efforts.
Verify the implementation of IA recommendation and management corrective action plan, as per IA Department plan/guidelines
Escalate recurring or high-impact issues to senior management for timely resolution.
Team Management and Leadership:
Coach and mentor audit team members to build skills and improve audit effectiveness.
Promote the adoption of best practices, automation tools, and data analytics in audit activities.
Encourage a culture of continuous learning, innovation, and professional certification.
Persuade the team to deliver the quality results and achieve KPIs.
Conduct performance reviews after the engagements completion to identify lessons learned and enhance future audit efficiency.
Others:
Drive continuous improvement, innovation, and use of data analytics within audit methodologies and practices.
Ensure compliance with GIAD standards, QAIP requirements.
Ensure assigned objectives/KPIs are achieved in an efficient and effective manner.
Effective communication with the auditees, stakeholders, etc.
Support the IA Leadership in the preparing the periodic updates to the Audit Committee, Board, etc.
Perform other tasks as may be assigned by the line manager/IA leadership.
QUALIFICATIONS & CERTIFICATIONS & EXPERIENCE (MANDATORY & PREFFERED):
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Professional certification such as CPA, CA, ACCA, or CIA, CFE, CISA is strongly preferred
Minimum 8-10 years of relevant experience in internal auditing, with minimum of 2 to 3 years of experience in a leadership role within the relevant field is required.
External audit experience would be a plus.
SKILLS & COMPETENCIES (Technical, Behavioral and Soft):
Technical Skills:
Governance, Risk Management and Compliance processes/controls.
Risk Assessment, Internal Audit and Investigations.
Global Internal Auditing Standards (GIAS), IFRS/IASs, risk assessment, and regulatory frameworks, etc.
Audit Management System & Data Analysis Tools (i.e. Teammate, Pentana MK, Archer, etc.)
ERP systems and Data Analysis tool (Oracle, SAP, or equivalent).
Microsoft Office Suite.
Communication & Interpersonal Skills.
Organization, Multitasking & Time Management.
Behavioural Competencies:
Customer Focus - Understands customer challenges and takes initiative to resolve them effectively.
Accountability and Ownership - Manages projects with minimal supervision and ensures quality results.
Agility and Adaptability - Manages change smoothly and supports others during transitions.
Collaboration & Influence - Builds networks across functions and resolves conflicts constructively.
Result Orientation - Sets clear goals and works proactively to achieve high performance.
Conduct: Display highest standard of compliance with IIA Code of Ethics (i.e. Confidentiality, Objectivity, Integrity, etc.) and company’s code of conduct.
Location: Abu Dhabi