CIA

Company Name: Al Jaber Group Employment Type: Full Time Monthly Salary: Unspecified Minimum Work Experience: 0-1 Years Minimum Education Level: Bachelors Degree Listed By: Employer Career Level: Mid-level Description: Description Identification Number: Job Title: Chief Internal Auditor Position in the Organization Reports to Group President Dotted line reporting Audit Committee Direct reports 2 x Audit Manager Mission Purpose of the Job/ Job Mission To direct and lead the planning and conduct Technical, operational, financial and compliance audits at Al Jaber Group and associated business units. Audit using selected policies, procedures and regulations to evaluate and increase efficiency and/or effectiveness of the internal audit control systems to promote good corporate governance. Responsibilities and Accountabilities Strategy Lead the development and implementation of an internal risk based audit strategy and annual plan for the group and associated business units. Plan and conduct audits to assess controls, operational and technical efficiencies and compliance with selected policies, procedures and regulations. Champion best practice in governance, objectively assess the adequacy of governance systems and management of existing risks, comment on responses to emerging risks and propose new developments. Systems & Control Design, implement, test and modify controls in specific organisation systems, to provide assurance of operational and technical efficiency at the corporate level. Identify instances of over and under control and provide management with a clear articulation of risks where existing controls are inadequate. Keep abreast of legislative issues, new audit regulations/trends and appropriate audit direction/methodology. Discuss updates of new regulations with senior management. Conduct periodic training workshops to promote awareness of internal controls and discuss changes in policies that will impact the organisation. Operational Improvement Participate in various committees or task forces geared to policy/procedure development and operational improvements. To draw any weaknesses or shortcomings noted to the attention of management. To report the results of audit reviews, including management responses and proposed action plans to address issues arising, to the Senior Management. Risk Management Develop Al Jaber Group’s risk management framework and monitor the group risk profile and ensure this is reflected in the strategy. Internal Audit and Continuous Improvement. Provide an objective and evidence based annual opinion on the adequacy and effectiveness of all aspects of Al Jaber’s governance, risk management and internal control to facilitate the drafting the annual governance report. Promote the highest standards of ethics and standards across the organisation based on the principles of integrity, objectivity, competence and confidentiality. Review the adequacy of key corporate arrangements including such as risk strategy, risk register, anti-fraud and corruption strategy, corporate plan. Review significant partnership arrangements and major services provided by third parties and the controls in place to promote and protect Al Jaber’s interests. Assess whether lines of responsibility and assurance are clear Reporting Prepare and present accurate internal audit reports for consideration of the audit committee and senior management. Report on internal control issues and the implementation of the internal audit plan to senior management and the Board. Provide advice on proposed developments such as major new systems and proposed initiatives to help ensure risks are properly identified and evaluated and appropriate controls built in. Manage budgets and costs of all the activities which he/she is accountable. Provide reports to senior management on business unit’s performance and development in line with the Organization’s goals, objectives, policies and regulations. Key Result Areas Auditing multiple business units Reporting findings to Senior Management Operational improvement Communication Internal External CEO President Audit Committee Business Unit ED/MD/Management Audit Team Auditors Subcontractors Position Requirements - Qualifications, Experience, Skills Qualifications Mandatory: University Graduate Desirable: CIA, ACCA, CPA Masters Level Education MBA Experience Mandatory: 15 Years at senior level Internal Audit positions Auditing conglomerate or family group GCC Management experience Construction industry experience Desirable: UAE conglomerate experience Skills Mandatory: Operational Audit Forensic Audit Operational Improvement Financial Audit Desirable: Training on Audit approaches Know How/ Competencies Core Know How/ Competencies Mandatory Desirable Managing large scale Internal Audit’s x Managing and developing Auditors x Investigating issues and problems x Functional Know How/ Competencies Mandatory Desirable Technical process reviews x Documentation and approvals x Managerial and Leadership Know How/ Competencies Mandatory Desirable Leading by example x Delegation of work to senior team members x Working Conditions Working Environment Degree of Risk - Physical or Mental injury Value Proposition - What Al Jaber can offer you? Career progression Working on large scale projects, which are some of the biggest in the region Opportunity to work for a well-known and respected tier one construction contractor Stability Challenging work Equal Opportunities Al Jaber is an equal opportunities employer and does not discriminate against any candidate and will equally evaluate all candidates regardless of age, gender, race, color or religion. Salary and Additional Company Information Location - Musaffah, Abu Dhabi (HQ) Salary - Market Rate About the company: Al Jaber Group is a privately owned and multi-dimensional group of companies based in Abu Dhabi, the capital of the UAE. With a growing workforce of over 55,000 employees, Al Jaber Group has grown from strength to strength to achieve the status of market leader across the industries it operates in. Through strategic diversification, controlled growth, and innovative investments, the Group has excelled under the visionary leadership of its founder, H.E. Obaid Khaleefa Jaber Al Murri, and expanded to become one of the largest diversified group of companies in the Middle East. Al Jaber Group’s unparalleled success is built on a solid foundation of principles and a unique set of attributes. As a multi-faceted entity, Al Jaber Group has the capability to utilise various divisions and resources from within to support and complement each other. Along with the dedicated focus on new opportunities in new markets, and the continuous enhancement of product, services and solutions, Al Jaber Group’s proposition has strengthened over the years, making their name synonymous with the highest quality standards across the world.