JUNE 2008 – MARCH 2019AA AL MOOSA GROUPDUBAI, UAE
Internal Auditor
- Perform independently Operational Audit (e.g., Car Rental Counters, Showrooms, Warehouses etc.) based on Audit Checklist and Financial Audit (like, Payroll, User ID, Cash & Bank, Purchases, Sales & Marketing, Fixed Assets, Expenses, Inter Co.
Outstanding
Reconciliation, Accounts Payable, Accounts Receivable, Income, Inventory etc.) in accordance with the Annual Audit plan to evaluate:
- Accomplishment of established business objectives
- The existence, adequacy and effectiveness of internal controls
- Compliance with company policies and operating procedures
- Controls on safe guarding of Group companies assets
- Economical and efficient use of resources
- Reliability and Integrity of Information
Key Responsibilities
- Independently Carrying out Operational Audits of various Group Companies retail outlets, e.g., Car Rental Counters, Showrooms, Warehouses etc. based on the Checklist issued by Group Internal Audit Manager.
- Review of Audit Program / Audit Scope/ Audit Checklist time to time & suggest amendment based on the Audit conducted on various Group companies.
- Preparation of the Draft Audit Report for the area covered.
Audit Plan and Programs
- Assist the Head of Internal Audit in preparing a risk- based annual audit plan detailing the scope, nature and timing of audit activities based on degree of risk.
- Undertaking comprehensive planning and risk assessments relating to each assignment to ensure that the engagement identifies potential business risks.
- Design internal audit procedures and programs to ensure that detailed audit work is effectively focused on areas assessed as high risk, thus ensuring maximum payback from the assignment.
Operational & Financial Audit
- Taking lead and conduct audit assignments in line with the Internal Audit plan and within the budgeted time in a professional manner, adopting the best audit practices with appropriate audit techniques.
- Leading and guiding the internal audit team on conducting interviews, reviewing documentation, develop and administer surveys, compose summary memos and prepare working papers.
- Review the approval process to ensure that Group policies and delegations are compiled properly.
- Supervising process documentation to identify key risk especially fraud risks and controls in place to address those risks.
- Reviewing the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
- Ensuring that audit observations and recommendations are clearly presented to and agreed to by management and that a subsequent audit report is issued promptly.
- Compiling the draft Internal Audit Report according to the required standards.
- Ensuring quality standards in internal audit review and reports.
- Monitoring the timely implementation of all agreed upon audit recommendations.
- Providing regular updates about the audit status, key concern areas observed during audit execution.
- Preparing / reviewing draft reports and discuss the result of the review with related Business / Department Heads.
- Preparing / reviewing quarterly progress reports on planned audits and implementation of corrective actions.
Special Assignments
- Such assignments conducted based on the requirement or on management’s request to establish the fact or evaluate the highlighted situation.
