Audit/Accounts Jobs in Majid

Director Internal Audit - Majid Al Futtaim Retail - Carrefour Franchisee

Company NameMajid Al Futtaim  Company LocationDubai, United Arab Emirates



Job description

Role Purpose:
We are seeking an experienced and dynamic internal audit leader to work with one of the region’s largest food retailers. 
Reporting to the Senior Vice President - Internal Audit, and working with the regional Chief Operating Officers, this position will lead internal audit activities across 5 countries.

In this role you will lead a small team of internal auditors to design and deliver an internal audit plan which adds value to our business.

The ideal candidate will be an internal auditor with a business focused mindset who has worked in an international retail or consumer goods environment.

This role is based Dubai and you will spend up to 40% of your time travelling.
Role Details – Key Responsibilities and Accountabilities: 
  • Develop a rolling internal audit plan for the 5 countries based on a comprehensive assessment of risks, relying where possible on management’s assessment. Updating the internal audit plan based on changes to the risk profile and emerging risks.
  • Maintain a high level of strategic foresight by identifying audit client and business needs and recommending internal audit plan changes accordingly.
  • Manage the execution and quality assurance of risk based internal audits across the 5 countries covering support functions and core retails areas (assortment mix and merchandise planning, pricing, marketing and promotions, supply chain, store operations, etc.
  • Overseeing the work of specialist internal auditors including IT, SCM, food safety and outsourced providers where required.
  • Keep SVP Internal Audit informed of audits assessed as high engagement risk.
  • Build relationships with the respective COO and country heads to stay at the forefront of changes to the business and to promote the value of internal audit.
  • Facilitate workshops with key executives in the region & countries to identify appropriate solutions for recurring or thematic audit issues.
  • Drive continuous improvement initiatives and coordinate sharing of information and best practice across the region.
  • Review internal audit reports that communicate to thematic / systematic issues relating to enterprise risk. Analyzing root causes where applicable.
  • Mentor and coach internal audit team members and conduct internal training events.
  • Monitor the status of the implementation of high priority management action plans (corrective actions).
  • Provide advisory services at the request of management.
  • Submit periodic progress reports to the SVP – Internal Audit, COO and country managers.
  • Carry out any other duties assigned by the SVP – Internal Audit.
 Personal Characteristics and Required Background
Skillset (job specific technical skills and behavioral competencies needed): 
  • Extensive practical experience identifying, assessing and responding to business risks.
  • A solid understanding of retail and/or consumer goods processes and risks gained from working as part of an internal audit function or in consultancy. Candidate must have experience working in a complex business in a developed market.
  • A track record of achievements in an internal audit role.
  • A solid understanding of the IIA Standards.
  • A strong track record for supporting the development of team members.
  • A history of improving oneself through learning / professional development.
  • Strategic thinking and analytical insight.
  • Excellent written and spoken English language skills.
  • Strong leadership and interpersonal skills.
  • Experience in IT systems audits (preferred).
  • Experience with internal audit data analytics (preferred).
  • Experience auditing change projects and initiatives (preferred).
Minimum Experience: 
  • A minimum of 10+ years of internal audit or related (internal controls) experience. Core internal audit experience should not be less than 8 years, of which at least 4 years should be at a managerial role with a focus on strategic and operational risks.
Minimum Qualifications/education:
  • A bachelor’s degree from an accredited 4 year college or university.
  • A professional qualification/designation in internal audit or risk management (e.g. CIA).

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