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Senior Internal Auditor (04M)

SUMACO MANPOWER - Abu Dhabi, United Arab Emirates

Ref. SU3719475 Date Posted: 2016-12-12

Job Description

Basic Function:

Conducts audits within Company and assigned Group Companies to evaluate and contribute to the improvement of governance, risk management and control processes using systematic and disciplined approach. Participates in the periodic Risk Assessments and development of the Division's Risk-Based Work Plans. Assists in the periodic reporting to the Audit Committee and Senior Management on internal audit activities, performance, significant risk exposures, controls/governance issues and other related matters.

Work Performed:

A&AD Governance & Planning

  • Assists in the development and updates of the Audit & Assurance Charter, IA Methodology and Procedures' Manual.
  • Assists in arranging Audit Committee meetings, preparing the agenda and minutes of meetings (MOMs), and supporting the periodic reporting on IA activities and performance relative to its plans, significant risk exposures, controls/governance issues and other related matters to the Audit Committee.
  • Participates in the preparation of the periodic Risk Assessments and the development of the Division's Risk-Based Work Plans

A&AD Operations

  • Performs an objective and independent appraisal of Financial/Operational activities within Company and assigned Group Companies in order to provide reasonable assurance in respect of the following:

ü  Adequacy and effectiveness of governance, risk and controls framework/ processes;

ü  Consistency of operations/programs with the established goals and objectives;

ü  Reliability and integrity of financial, operating and management information produced within the various organizational units, and the means used to identify, measure, classify and report such information;

ü  Means of safeguarding the Company's assets and the economy and efficiency with which resources are employed;

ü  Adequacy, soundness and application of the accounting, financial and other operating, management, and administrative controls/procedures: and

ü  Extent to which established policies, plans, systems and procedures are adequate, being complied with, as well as their compliance with applicable laws and regulation

  • Performs special/unplanned audits and participates in investigations / major fraud reviews.
  • Develops process understanding of assigned business processes and determines business objectives, main functions, and the nature of activities, potential risks and controls to be reviewed.
  • Determines the audit objectives and scope and ensures adequate coverage of the audited activities.
  • Develops a detailed audit program for the assigned audit including the objectives, potential risks, key controls, audit procedures and the use of audit techniques and tools to evaluate governance, risks and control processes. Submits audit program foe review and approval.
  • Obtains, analyses and appraises related systems and evidentlary data/information.
  • Performs the audit in accordance with the approved audit program and ensures that audit objectives have been met to support the audit conclusions/results.
  • Prepares the audit report including the objectives, scope, observations, impact and professional opinion on the adequacy and effectiveness of the internal control system in the subject audit area and submits the same for review and approval.
  • Recommends practical improvement options corresponding to the observations with the objective of contributing to the improvement of governance, risks and controls processes to assist in the achievement of the company's business objectives.
  • Conducts structured discussions with Company personnel up to Division Manager Level and with the Group Companies' personnel up to SVP/AGM level with respect to the conduct of audits.
  • Complies with the Division's internal audit methodology procedures with regards to the quality of all functional/administrative activities performed.
  • Appraises the adequacy of the corrective actions taken by management on audit recommendations through follow up audits and periodically reviews and updates the status of management action plans.
  • Ensures that adequate working papers and all relevant information are continuously documented and updated in the automated Audit Management System as per pre­ defined templates and audit procedures.
  • Participates in the development and implementation of the automated Audit Management System.
  • Coaches and trains Entry Level UAE Nationals, and participates in the development of their Competency Programs and related performance progress evaluations.
  • Participate in initiating/promoting the establishment and continues improvement of the Corporate Governance Framework including Enterprise Risk Management, Corporate Code of Conduct, Ethics and Values.
  • Participates In special committees to provide independent and objective professional advice and consultancy services.

Work Contracts:

  • Frequent contacts within Company personnel at all levels of Management up to Division Manager during the course of the audit.
  • Regular contacts with Management within the assigned Company Group Companies up to SVP/AGM level with regards to the Group Company audits.
  • Regular contacts with Internal Audit Service Provider(s) to coordinate audit activities

Independence of Operation:

  • Reports to Chief Internal Auditor.
  • Works guided by corporate policies and functional objectives including Audit Committee Charter, Audit & Assurance Division / Charter / Methodology / Procedures, International Professional Standards and Ethics. Consults with Chief Internal Auditor in major issue relating to general principle or policies related issues.
  • Work accomplishments are subject to Chief Internal Auditor review.






Supervisory Responsibility:

  • Provides work direction to Internal Auditors/Entry Level UAE nationals and audit staff from co-sourced Internal Audit Service Providers

Physical Effort:

  • Little physical effort such as standing, climbing and walking during 20% of work time while in the field.

Work Environment:

  • Normally air conditioned environment however exposed to prevailing weather conditions approximately 20% of working time while in the operating sites/field visits


Minimum Requirements:

  • Bachelors' Degree in Accounting/Auditing and professional qualification (e.g. CIA, ACA, ACCA, CPA or equivalent) is mandatory.
  • 9 years relevant experience in internal auditing, with varied experience in oil and gas operations and their inherent challenges/risks in the context of corporate function.
  • In-depth knowledge of International Professional Practices Framework (IPPF) and other standards and their interpretation and application to Internal Auditing practice.
  • High interpersonal skills in line with the Corporate Role that requires interaction with all levels of Management and Group Companies.
  • High level of proficiency in English, working knowledge of Arabic is desirable                                                                                                                       


Bachelors' Degree in Accounting/Auditing and professional qualification (e.g. CIA, ACA, ACCA, CPA or equivalent) is mandatory.

Job Details

Job Location:Abu Dhabi, United Arab Emirates
Company Industry:Oil /Gas
Type of Company:recruitment
Job Role:Accounting/Banking/Finance
Joining Date: Unspecified
Closing Date: Unspecified
Employment Status:Direct Hire
Employment Type:Employee
Monthly Salary Range:Unspecified
Manages Others:Yes
Number of Vacancies:5

Career Level:

Years of Experience: Min: 10 Max: 15
Residence Location: United Arab Emirates
Gender: Male or Female
Nationality: Any
Degree: Bachelors degree / higher diploma
Ref. SU3719475