Manager – Subsidiaries Internal Audit (11 Months Temporary Contract)

About This Role

The Internal Audit Department is responsible for conducting independent and objective assurance reviews designed to add value and improve operational procedures within Expo City Dubai Authority and its subsidiaries including Expo City Dubai LLC (i.e. Expo City Real Estate & Developments; Community Services/Operations; Future Technologies), Events & Entertainment, Education & Culture, Expo Dubai Group, and all Shared Services and Subsidiaries (collectively referred to as ‘Expo City Dubai Authority Group’ or ‘Group’ or ‘ECDAG’).

The department evaluates the adequacy and effectiveness of internal controls within the processes across departments thereby assisting to accomplish ECDAG’s objectives. The Department ensures that its staff members conduct their activities in accordance with the Code of Ethics i.e. with utmost integrity, objectivity, confidentiality and competence.

1. Manager – Subsidiaries Internal Audit is responsible for assisting the Head of Internal Audit; and other Internal Audit Department personnel in execution of the Internal Audit related Objectives, Performance Standards, and other Internal Audit related activities for Expo City Dubai’s subsidiaries including 21 Holding and other subsidiaries.

2. Ensure successful completion of assigned audit engagements, from start to finish, inclusive of preplanning and wrap up activities. The role is also responsible to ensure that audits are completed professionally to achieve the appropriate objectives and adherence to The IIA Standards and Practice Framework and Code of Ethics.

3. Depending on assigned engagement, report to one or more member(s) of the Internal Audit senior team or third-party consultants. Work with other team members during an engagement.

4. Apply risk and control concepts to various scenarios and identify any potential issues. Communicate identified issues with the Head - Internal Audit to ensure timely and effective resolution of identified concerns. With guidance from the Head - Internal Audit, the Manager – Subsidiaries Internal Audit is tasked with planning and executing audits across the various businesses that ECD’s subsidiaries are involved with. These include 21 Holding, Expo Dubai Group, Expo City Dubai Foundation, Expo City investments, Expo City Asset Management and their respective subsidiaries, and shared services within the subsidiaries.

The main responsibilities for this role include:

Operational Responsibilities:

• Assist in Planning and scoping Subsidiaries Internal Audit assignments effectively, agreeing deadlines and ensuring a comprehensive and appropriate terms of reference is set for each review;
• Ensure adequate planning during each audit assignment prior to commencing fieldwork;
• Review/conduct internal audit field work in accordance with the audit program and test plans, and supervise work of team;
• Review/conduct independent reviews and evaluations of any and all management operations and activities including the systems of internal controls;
• Identify key risks to business/process objectives, evaluate and test controls in place and identify areas for improvement;
• Determine practical recommendations to mitigate the risks of internal control deficiencies while enabling the Expo City Dubai Subsidiary’s objectives;
• Review/prepare audit reports to meet the required standard for reporting and maintaining Internal Audit and special assignment documentation in accordance with IIA Standards;
• Review/provide quality assurance inputs in the reports and recommendations;
• Communicate results of audit reports to the concerned stakeholders highlighting areas of concern;
• Manage the process of liaising with the audited functions on the audit issues and evaluate the adequacy of corrective actions taken based on the audit report recommendation and present a status update report to stakeholders;
• Participate in developing the annual audit plan using an appropriate risk-based methodology, including any Key Business Risks and control concerns identified by management and submit that plan to the Audit Committee for review and approval;
• Prepare presentations of audit issues to Executive Committee and Audit Committee;
• Execute special assignments (including fraud investigations) and advisory work in the domain of Internal Audit and related areas assigned by VP - Internal Audit and/or Head – Internal Audit.
• Conduct follow up audits to ensure management actions plans are implemented within timelines agreed.
• Abide by professional standards in the performance of daily work especially the standards issued by Institute of Internal Auditors.
• Update and maintain the Internal Audit Manual in line with the Institute of Internal Audit (IIA) Standards;
• Ensure effective implementation of Internal Audit department policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service; and
• Any other duties as may be required by VP - Internal Audit and/or Head - Internal Audit.

People Responsibilities:

• Manage/liaise with the audit team responsibly and proficiently during the audit engagements, providing effective line management to direct reports and/or external consultant resources;
• Embed culture and vision of Expo City Dubai by role-modelling organizational behaviors;
• Meet with Senior Management and other members of the Company and its subsidiaries as a part of the audit process and support the Internal Audit team;
• Engage with all members of Expo City Dubai subsidiaries and work with them to understand the business, organization, processes, risks and controls;
• Meet with Consultants, Contractors and Suppliers as a part of the audit process;
• Meet with any other personnel as directed by the Head - Internal Audit and/or other senior members of the Internal Audit Department; and
• Liaise and work with external Big 4 firms or any other consultancy/audit firms that may be appointed from time to time.
• Problem Solving capabilities and transparent communication with all personnel in a timely and effective manner.

Knowledge, Qualifications and Skills required

Essential

6+ years of relevant experience in internal audit within a Big 4 accounting firm or internal audit department of a corporate or government organization in the UAE as well as:

• Chartered Accountant, MBA, or engineering qualification.
• Complete assigned work to high-quality standards and meet deadlines.
• Handle multiple priorities effectively.
• Interact with others respectfully, patiently, and with understanding.
• Proficiency in MS Office and audit tools.
• Excellent written communication in Business English.
• Demonstrate strong ethical principles, including transparency, integrity, and honesty.

Desirable

• Experience with Technology company audits preferred.
• Internal Audit related certifications is preferred.
• Arabic language is a plus.