- To review the reliability and integrity of the financial and operating systems and the means used to identify, measure, classify, and report such information.
- To review the established systems to ensure compliance with the organization’s policies, plans, procedures, laws, and regulations that have a significant impact on operations.
- To review the means of safeguarding assets and verify the existence of such assets
- To appraise the efficiency of the utilization of organizational resources.
- To review existing operations and ascertain whether the results of those operations are consistent with overall organizational objectives and goals, and to ascertain whether the operations are being carried out as planned.
- To perform risk analysis on processes in various departments and identify major risky areas and recommend controls that can mitigate those risks.
- · System audits on a daily basis, including reviewing customer registration reports, cash shortage/overages, cash transfers etc
- Review the Trial balance on a regular basis
- Review existing controls in various processes, both for departments and branches
- Comprehensive risk analysis on the process and report the gaps on a timely basis.
- Assist the Audit Manager in document preparations, Audit Plan developments and other ad-hoc reviews.
- Ensure compliance with Regulatory Requirements and Organizational Policies and Procedures
- Prepare audit reports with findings, recommendations, and submit on time
- Follow up on the Implementation audit recommendation
- Conduct internal staff training and presentations
- Maintain up-to-date knowledge on industry trends, regulations and best practices.
- Monitor adequacy of financial reporting systems on the basis of current business scope and needs. This will be done by tracing sample transactions from each business cycle component and determining how adequately the existing reporting systems measure against laid procedures. The transactions selected will be documented and reported.
- Review every business cycle and determine the effectiveness of in-built controls in providing reliable information to the management. Controls can be assessed by identifying approval authority, segregation of duties among personnel, reconciliation with multiple data sources, and documentation at multiple steps of the transaction.
- Prepare and maintain working papers to document the information, audit findings, conclusions and recommendations for each audit assignment.
- Must validate the closure of the recommendations by the CBUAE target closure date and ensure precise and comprehensive documentary evidence is retained.
- Maintain an open communication with management, audit manager and BoDs.
- Maintain a high standard of ethics, code of conducts, discipline and professionalism. Ensure that accepted accounting and audit principles are followed.
- Prepare Final Audit Reports at the completion of assignment and prepare interim reports in case some issues have to be communicated to the management during the course of audit
- Prepare system notes, flow charts to get an understanding of process to be audited and carry out walk through procedure to confirm the above understanding
- Manage and update the audit issue tracker with completed track details including the rational for extension, dateline, closure status etc on regularly and report to the Audit Manager on a periodic basis. Further, submit the audit plan vs coverages on a periodic basis to the audit manager.
- Prepare audit programs for the area to be audited in detail based on the system understanding highlighting the audit objectives for the area and audit procedure about how to achieve the particular audit objective
- Submit the innovative ideas, audit department process level improvements etc to the audit manager.
- Carry out initial risk assessment and document its findings.
- Determine the sample size on the basis of initial risk assessment, walk through procedures to help in planning the extent of substantive procedures for e.g. test of controls, and detailed vouching and verification
- Document audit findings in a proper format and later on their finalization in the form of a report
- To recommend value addition in all the processes to be audited to management, apart from risk assessment and verification.
- Perform branch visits across UAE and assess the various procedures at the branches and check its compliance with company’s policies and procedures.
- Perform surprise cash counts at the branches when required
- Any other task given by department head and management
- Document audit findings in a proper format and later its finalization in the form of report
- To recommend value addition in all the process to be audited to management apart from risk assessment and verification.
Qualification : CA or ACCA with 2-3 years of experience in Financial Institution is must
Job Type: Full-time
Pay: AED6,500.00 - AED7,500.00 per month
Application Deadline: 10/06/2025
Expected Start Date: 15/06/2025
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