Application Open:
Full-Time
Job Purpose:
To actively participate as a member of the audit engagement team in planning and executing MBZUAI internal audits.
To provide an independent and objective assurance and consulting activity that adds value to, and improves, MBZUAI’s operations.
To identify areas for improvement and provide recommendations to enhance the efficiency and effectiveness of MBZUAI internal processes.
Key Responsibilities:
Audit planning:
- Effectively plan for upcoming audits by reviewing previous audit deliverables and highlighted control deficiencies.
- Contribute to initial lists of requirements, and analyze received data to establish thorough understandings of functions to be audited.
- Arrange and participate in process understanding meetings, and utilize information gathered to contribute to the drafting of well-articulated audit programs.
- Effectively contribute to the preparation of kick-off meeting presentations.
Audit fieldwork:
- Participate in kick-off meetings to ensure audit processes and requirements are fully understood by auditees.
- Effectively conduct fieldwork activities⎯including conducting additional process understanding meetings, process walkthroughs, testing, and interviews; and requesting and reviewing documentation including electronic records.
- Evaluate auditee compliance with business control policies, processes, procedures, standards, laws, and regulations; and identify control weaknesses and process improvement opportunities.
- Document all actions, observations, and findings in accordance with the MBZUAI internal audit execution manual, and other relevant internal and external standards and requirements.
Reporting and advice:
- Contribute observations to draft audit reports.
- Provide advice to auditees, if necessary, to assist in the development of management action plans that enhance internal controls and adequately address noted deficiencies.
Record keeping:
- Maintain audit work paper files of all paper worksheets and documents referenced during audits.
- Utilize audit management software in accordance with audit department protocols.
- Adhere to MBZUAI information security policies and procedures in the handling of information.
Quality assurance:
- Contribute to the Internal Audit department’s quality assurance program by participating in peer reviews, gathering, and analyzing results from engagement feedback surveys, and making recommendations within the team for continuous improvement.
Professionalism:
- Maintain a professional persona in accordance with the responsibilities of the audit function, including unwavering compliance with the requirements of the Institute of Internal Auditors’ mandatory guidance and code of ethics; MBZUAI’s code of conduct, policies, and procedures; applicable guidance of the Abu Dhabi Government; and regulatory requirements of authorities where MBZUAI has a presence.
- Stay current with emerging industry trends, regulations, and audit techniques to maintain the highest standards of audit excellence.
Academic Qualifications:
- A minimum of a Bachelor’s degree in Accounting, Finance, Engineering, Business Administration, or a related field.
Professional Experience:
Essential
- Between two to five years commercial experience working within an internal audit function, actively carrying out day-to-day audit activities.
- Strong knowledge of global auditing standards (IAASB or IIA) and preferably Abu Dhabi Internal Audit Regulations.
- Proficiency in conducting financial analysis and reporting.
- Excellent written communication skills with competency in high-level report writing including the ability to present visualizations of findings.
- Highly developed analytical and problem-solving skills, with experience applying these to identifying weaknesses in internal control systems.
- Collaborative mindset and the ability to gain the confidence and cooperation of various teams and departments to achieve audit objectives.
- Evidence of strong ethical and professional conduct with the ability to maintain confidentiality.
Preferred
- Arabic language speaker.
- Exposure to and understanding of Middle Eastern business and cultural practices.
