Internal Audit Manager Full-time Job

Responsibilities And Duties

Thoroughly understand the business, activities, and processes of the EIA and its context

Assist the Chief Internal Auditor in preparing the overall multiyear Audit Plan and

Assist the Chief Internal Auditor in preparing the overall multiyear Audit Plan and the annual Internal Audit Plan to carry out an efficient and effective audit;

Perform regular and ad hoc audits across all EIA functions, departments, activities,

Perform regular and ad hoc audits across all EIA functions, departments, activities, projects, processes and sub-processes, specializing in the audit of investments;

Conduct special reviews and/or investigations as directed by the Chief Internal

Conduct special reviews and/or investigations as directed by the Chief Internal Auditor;

Manage completion of the annual audit plan including coordination of internal and

Manage completion of the annual audit plan including coordination of internal and external resources

Plan individual audit assignments as per the audit manual (e.g. preparing notification

Plan individual audit assignments as per the audit manual (e.g. preparing notification letters, opening meeting agenda, conducting opening meetings, preparing audit programs and audit summary memoranda);

Communicate with respective department/function heads and managers to

Communicate with respective department/function heads and managers to coordinate audit schedule and scope of audit;

Conduct risk workshop with auditees to confirm key risks and controls;

Manage and perform audit fieldwork to identify deficiencies in internal controls,

Conduct risk workshop with auditees to confirm key risks and controls;

Manage and perform audit fieldwork to identify deficiencies in internal controls, process inefficiencies, fraud red flags or lack of compliance with applicable laws, government regulations and internal policies or procedures;

Manage and perform reviews of internal controls, business processes and policies to identify potential risks and to ensure their efficiency in protecting the assets and overall interests of EIA;

Requirements

Bachelor Degree in Accounting / Finance or equivalent

Professional qualifications in internal auditing and accounting, - e.g. CIA, CA, CPA, are preferred

A minimum of 6 - -10 years of relevant audit experience preferably within Sovereign Wealth Funds, institutional investors, large multinational banks/corporates within investment or wealth management division. A global exposure of work experience preferred.

Hands-on audit experience in audit of investments across multiple asset classes and products (stocks, bonds, treasury, funds, private equity, alternative assets, currency, commodity, derivatives, etc.)

Knowledge of the International Auditing Standards (IAS) and International Financial Reporting Standards (IFRS), and understanding of audit reporting, compliance and financial interpretations

Sound knowledge of the IIA International Standards for the Professional Practice of Internal Auditing

Emirates Investment Authority (EIA) is the only Sovereign Wealth Fund of the Federal Government of the United Arab Emirates. Established in 2007, the EIA has actively sought unique investment opportunities locally, regionally and internationally, focusing on investing in asset classes that will help strengthen and diversify the UAE economy.
Its primary directive is to manage the sovereign wealth of the UAE by investing in a diversified portfolio of assets in key economic sectors and industries with the aim of delivering sustained financial gains for the UAE.