Assistant Manager

 

Description:

Overall, your duties will include studying accounting records, preparing compliance reports and supervising company procedures and workflows. It will also include monitoring, assessing and analyzing organizational risk and controls and reviewing & confirming information to ensure that DIN is in compliance with the rules stipulated by the Corporate Governance Laws and the Central Bank UAE

This will include :

1.     Determining the internal audit scope and developing the annual audit plans, in line with the DIN’s policies and principles and as per the scope prescribed by the Central Bank for the AML/CFT , Financial, Operational, QMS - KPI Verification and Risk Management Audits.

2.     Establishing and implementing a risk-based audit plan for the year.

3.     Evaluating the financial documents for accuracy and compliance with federal regulations

4.     Identifying control weaknesses and providing recommendations for improvements.

5.     Reviewing and evaluating the effectiveness of internal controls in regard to operational efficiency & accuracy.

6.     Identifying the financial risk of the organization and offer recommendations to reduce risk.

7.     Providing risk management support to optimize efficiency by identifying possible noncompliance and areas of higher risk or significance.

8.     Preparing quarterly audit reports and presenting the findings to the Chairman Audit Committee & to the CEO.  

9.     Preparing the AML/CFT Compliance Reports, Financial, Operational & Risk Management Reports to submit to the Central Bank UAE as per stipulations.

10. Monitor remediation of audit findings and track progress.

 

Soft Skills Required : 

1.  Excellent judgment and work ethic, to identify potential risks or business violations.

2. Audit Protocol Compliance - Uphold impartiality, confidentiality and overall professionalism in all audit activities & investigative ethics.

3. Discretion in Investigations - Conduct investigations responsibly, with the highest level of discretion avoiding reliance on unauthorized external resources, safeguarding company integrity

4. Committed to ongoing learning and professional development in order to keep up with evolving industry guidelines and regulations.

5. Highly organized at all times and ability to clearly communicate with others about how they can improve their department.

6. Able to work under pressure and meeting deadlines so that Audit reports can be finalized according to schedule.

7.  Create checklists that describe the structures to be assessed to outline expectations and compare them to actual occurrences within the company.

8.  Good analytical/critical-thinking skills to gather all of the available data and make informed decisions

9.    Excellent research skills to find all related information needed

10.  Proficiency in accounting software and spreadsheets

11.  Strong communication skills to work with the Management and  co-workers

12.  Excellent attention to detail to review large amounts of data and numbers

13.  Exceptional mathematical skills to verify entries.To work independently and to act as an impartial judge of company behavior.  

 

Desired Qualifications & Certifications: 

1-   A bachelor’s degree in accounting / finance

2-   Essential qualifications include certification in CIA /CPA/ ACA 

3-   Additionally, CISA / CFE would be considered an advantage. 

Work Experience:

1-  7+ years of experience, including 3+ years in a supervisory role preferably in internal audit in UAE Insurance industry

2-  Expert knowledge of international auditing standards, risk management, internal control, and stipulations of regulatory authorities.

3-  Strong analytical thinking, leadership, communication skills to engage senior stakeholders.