Job Description
Responsibilities and Duties Develop a deep understanding of EIA’s operations and processes to implement and enhance internal audit practices effectively. Support the Chief Internal Auditor in creating the multiyear Audit Plan and the annual Internal Audit Plan, ensuring the audits are comprehensive, efficient, and effective. Lead and conduct regular and ad hoc audits across all EIA functions, including investments, in collaboration with the Chief Internal Auditor and Internal Audit Manager. Plan and oversee individual audit assignments, including the preparation of notification letters, audit programs, and summary memos, in accordance with the audit manual. Coordinate audit activities with managers to ensure alignment on schedules and audit scope. Foster strong business relationships with line management to maintain ongoing communication and ensure audit recommendations are implemented. Perform detailed audits across all EIA departments, identifying risk management deficiencies, control gaps, fraud red flags, compliance issues, and opportunities for operational improvement. Review and assess internal controls, business processes, and policies, recommending improvements to mitigate risks and enhance the protection of EIA’s assets. Stay current with industry trends and best practices in internal auditing, ensuring EIA's audit processes are aligned with global standards. Supervise both internal and external (co-sourced) auditors, ensuring audit quality and adherence to standards. Formulate actionable recommendations to mitigate identified risks, improving overall operational effectiveness. Prepare comprehensive audit reports documenting findings, and communicate them with key stakeholders, including the Chief Internal Auditor and Internal Audit Manager. Report on audit progress, detailing work completed, scope, materiality, findings, and recommendations. Support audit activities related to portfolio companies as required, ensuring compliance and risk mitigation across the organization. Ensure compliance with EIA’s Internal Audit Manual and the IIA’s Standards for International Professional Practices Framework (IPPF) for internal auditing. Perform follow-up audits on agreed actions from previous audit reports and present findings to relevant committees. Contribute to the preparation of materials for the Audit Committee, including reports and presentations. Coach and mentor UAE nationals, fostering talent development and promoting knowledge transfer, particularly in internal audit practices. Manage departmental administrative tasks, such as maintaining the IA Share Folder. Support other audit-related tasks as directed by the Chief Internal Auditor.
