Senior Internal Auditor (UAE National)

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.