Internal Auditor

Job Description

We are looking for a meticulous and highly analytical Internal Auditor to ensure that our business operations adhere to legal and financial compliance standards. The ideal candidate should have a deep understanding of financial controls, risk assessment, corporate governance, and regulatory compliance, with a strong grasp of UAE financial laws, tax regulations, and industry best practices. As an Internal Auditor, you will play a critical role in identifying potential risks, improving internal processes, and providing strategic recommendations to enhance business efficiency and safeguard company assets.

This role is perfect for someone who thrives on detail, enjoys problem-solving, and is eager to contribute to an organization’s long-term success by implementing strong internal controls and risk mitigation strategies.

Key Responsibilities

Audit Planning & Execution

1. Develop and execute a risk-based internal audit plan, ensuring all critical areas of business operations are reviewed regularly.
2. Conduct financial, operational, and compliance audits to assess the effectiveness of internal controls and business processes.
3. Analyze financial statements, accounting records, and transactions to ensure accuracy and adherence to UAE accounting standards, VAT regulations, and IFRS.
4. Identify inefficiencies, control weaknesses, and risks in business operations and recommend corrective actions.
5. Evaluate business practices, procurement procedures, and contract management processes for fraud risks and policy violations.

Regulatory Compliance & Risk Management

1. Ensure the company complies with UAE financial regulations, tax laws, corporate governance standards, and industry-specific regulations.
2. Identify potential financial, operational, and cybersecurity risks and propose solutions to mitigate them.
3. Monitor fraud risks, conflicts of interest, and compliance breaches, and develop strategies to prevent such occurrences.
4. Stay updated on changes in UAE laws, financial regulations, and tax requirements that impact the company.
5. Perform cost analysis, revenue verification, and expense audits to ensure financial integrity.
6. Assess inventory management, procurement, and supply chain processes for efficiency and cost-effectiveness.
7. Evaluate real estate transactions, lease agreements, and asset management practices to ensure compliance with industry regulations.
8. Identify opportunities for process automation and efficiency improvements in financial reporting and internal controls.

Reporting & Recommendations

1. Prepare comprehensive audit reports with clear findings, recommendations, and action plans for management.
2. Present key audit insights to the CEO, Board of Directors, and senior management, ensuring transparency in risk management efforts.
3. Work closely with department heads to develop corrective action plans and track their implementation.
4. Provide advisory support on financial best practices, internal control improvements, and cost-saving initiatives.
5. Work closely with finance, legal, HR, and operations teams to ensure company-wide adherence to internal policies and regulatory requirements.
6. Conduct training programs and workshops to promote awareness of risk management, compliance standards, and financial best practices.
7. Foster a culture of ethical business practices and continuous improvement across the organization.

Desired Candidate Profile

1. Bachelor’s degree in accounting, Finance, Business Administration, or a related field; CPA, CIA, or ACCA certification is strongly preferred.
2. 5+ years of experience in internal auditing, risk assessment, or financial compliance within the UAE.
3. Deep knowledge of UAE tax laws, IFRS, corporate governance, and risk management frameworks.
4. Proven experience in auditing real estate transactions, contract management, procurement, and operational processes.
5. Strong analytical skills with the ability to identify risks, detect fraud, and recommend process improvements.
6. Excellent communication and report-writing skills in English (Arabic is a plus).
7. Proficiency in audit software, data analytics tools, and ERP systems.