Senior Internal Auditor - Aldar Education

Job DescriptionAldar Education are currently seeking a Contracts Specialist to support our growing family of owned and operated schools in the UAE. This is an exciting opportunity to join the highly successful Aldar family of schools and to help shape the future of Abu Dhabi’s leading school group.As the leading education group in Abu Dhabi, we provide inclusive and innovative learning that inspires and empowers communities. We offer a range of brands for all learners in our community, from nursery through to adult education. We offer the broadest choice of curricula. In the largest number of locations in Abu Dhabi.Starting with one school and 250 students in 2007, Aldar Education has grown into a highly sought after education provider, now supporting over 38,000 students in 31 schools and a growing network of almost 5,000 educators, with over 100 nationalities, offering a wide range of curricula and ancillary services such as a Teacher Training Academy.Working collaboratively, our education network’s purpose is to empower the next generation to shape our future, directly supporting the educational goals of Abu Dhabi’s government. Today, Aldar Education’s efforts are guided by the Abu Dhabi Economic Vision 2030 plan, which aims to build a sustainable knowledge-based economy through premium educationBeing a member of the procurement team, you will be responsible of ensuring that schools requirements are fulfilled for excellent delivery of education to all our students across all groups of schools.The incumbent will continuously strive to exceed internal & external customer expectations while embracing the Aldar Education Core Values.Job Purpose:To effectively review and analyse company transactions, documents, reports relating to company/school operations while preparing audit reports, findings and recommendations which may make the company more effective.ResponsibilitiesMain Duties:Internal Audit Function Governance: Assist in the development and update of internal audit charter, standards, policies, procedures and manuals and ensure that the Internal Audit Charter and Manual is properly executed. Assist in development of Internal Audit Functions objectives, strategies, work plan and key performance indicators for the coming years in line with the organization’s strategic objectives and business plan. Prepare reports and executive summaries covering key risks, areas of concerns and internal audit activities. If required, represent in the Audit Committee meeting or any other relevant meetings to assist the Director of Internal Audit. Assist in implementation and management of Audit software. Risk Assessment and Internal Audit Work Plan: Develop audit universe covering organization model, process model, IT Applications, Projects, and objectives. Conduct interviews/surveys/ workshops to identify, analyze and assess business risk, define corporate risk profile and update risk registers. Assist in estimation of time and resources for each audit assignment and prioritization of audit assignments. Assist in the development of entity- wide Internal Audit plan (based on the risk assessment) to address key risk areas effectively. Execution of the Internal Audit Plan: Execution of the Internal Audit plan and supervise the work of consultants. Prepare detailed scope letters to be communicated to respective Auditee. Prepare and update audit planning documents such as audit scope, process understanding, risk and control matrix, etc. Prepare Internal Audit programs to ensure adequate and comprehensive coverage of the Audit objectives. Evaluate the adequacy and effectiveness of controls, risk management and governance processes and ensure that sufficient testing is performed for internal controls identified in the planning phase. Perform analytical testing on data and financial information. Prepare working papers, to document detailed testing performed on the assigned audit areas and the results of the audit examination. Ensure that approved audit objectives have been met, adequate coverage has been obtained to support the conclusion and recommendations, and that the work has been followed in accordance with professional audit standards. Prepare the draft internal audit report to illustrating the detailed observations, risks, impact and recommendations. Attend closing meeting with the auditees. Discuss and agree with auditees on observations, risks, impact and recommendations and confirm the conclusion on the internal controls design effectiveness. Develop and update final audit report including agreed action plans and due dates for implementation. Ensure proper documentation of the audit engagement including planning documents, testing sheets, supporting documents and reports issued. Follow up and Monitoring Verify the adequacy of action taken by management to address reported observations on a regular basis. Develop follow up reports analyzing the status of implementation of management action plans. Update system/ tracker with the status of action plans Specific Duties:Special Assignments: Participate in providing advice, consultancy and assistance to the management on various issues relating to implementation of controls, risk management and governance processes. Execute/ Supervise special assignments, AD-HOC assignments or Fraud investigations as directed by the Director of Internal Audit and Audit Committee. Prepare special assignment reports to address special requirements and requests. Internal Audit Coordination Maintain effective business relationships with all relevant internal and external stakeholders such as Service Providers, External Auditors, Local and government authorities, etc. Participate in meetings with external auditors, external service providers, etc. when required or as advised by the Director of Internal Audit. Internal Audit Quality Assurance Assist in coordination for third party quality assessment of Internal Audit Function. Internal Audit Function Administration Assist in developing Internal Audit Department Budget. Ensure assignments are conducted within the defined timeframe and budget. Provide regular feedback on the status of audit assignments to the Director of Internal Audit. Safety, Quality and Environment Ensure compliance to all relevant safety, quality and environmental management procedures and controls across the Function to guarantee employee safety, legislative compliance, delivery of high-quality products/ service and a responsible environmental attitude. Any other related assignments as advised by the management and Director of Internal Audit. QualificationsMinimum Qualifications: Minimum of bachelor’s degree from recognized university preferably major Finance, Accounting, Business Administration or another relevant field. A professional certification is an advantage (CIA, CPA, ACCA, CMA, CFA, etc.). Minimum Experience: 5+ years of experience in auditing field is required preferably in a consulting firm. Experience in Education industry is an advantage Job Specific Knowledge & Skills: Excellent communication in English, both verbal and written. Ability to think ahead and anticipate changes and respond accordingly. Proactive and always prepared, ready to provide information to Director of Internal Audit and Senior Management at short notice. Very good analytical, planning, forecasting, execution and problem-solving skills. Ability to acquire and apply new skills. Flexible and able to work under pressure. Respect and promote trust and confidentiality. Results oriented whilst ensuring high quality of work and able to “think outside the box”. Strong level of customer service orientation and professionalism in all interactions. Able to manage a multi-cultural environment and promote teamwork and knowledge sharing in order to achieve goals and deliverables. Good knowledge of Microsoft applications Ability to apply audit standards through practical application. Proactive in researching business leading practice concepts in order to apply as appropriate. Very good understanding of public accounting and financial rules, laws, standards, practices including legislation and regulations relevant to internal audit. Good knowledge of using audit analytical tools. Aldar Education is committed to safeguarding and promoting the welfare of children and young people and expects all staff to share this commitment. Offers of appointment are subject to satisfactory references and police clearance. ­­­­­­­­