Internal Audit Assistant Manager

Overview

Assist internal audits, reporting and risk monitoring across finance, ops and compliance.

Key Responsibilities

• audit testing
• process walkthroughs
• risk escalation
• report preparation
• tool improvement
• kpi development

Tasks

-Support the execution of internal audit engagements across financial, operational, and compliance areas. -Perform detailed testing and analysis of processes and controls, documenting findings and assisting in the formulation of clear, actionable recommendations to improve control effectiveness and operational efficiency. -Participate in process walkthroughs and control validations to identify design and operational deficiencies. -Issue Escalation & Risk Alerts; proactively identify and escalate delays, bottlenecks, emerging risks, or resource gaps that could impact audit delivery. -Stakeholder Coordination Summary; Maintain a summary of coordination efforts with other departments such as Finance, Operations, and Compliance, including updates on dependencies or shared initiatives. -Weekly Task Status Updates; Provide clear, concise summaries of ongoing audit activities, including fieldwork progress, documentation status, and emerging findings. -Recommend improvements to audit tools, templates, and methodologies to ensure consistency and effectiveness across engagements. -Follow-Up Status Monitoring; Track the implementation of audit recommendations and report on the status of action plans agreed with business units. -Assist in the review of organizational policies and procedures to ensure consistency with internal controls and regulatory requirements. -Ensure that audit activities comply with internal policies, professional standards, and applicable regulations. -Prepare audit reports as per the IA methodology and reporting standards. -Stay updated on industry trends and internal audit best practices to contribute to the evolution of the department's approach and practices. -Collaborate with internal teams to identify emerging risks and assist in evaluating the adequacy of mitigation strategies. -Conduct special audits, investigations, or reviews as requested by senior management (including MD/CM office), ensuring the delivery of accurate and timely insights. -Contribute to the development and refinement of internal audit KPIs, promoting accountability and continuous improvement within the audit team. -Monitor audit performance indicators to track progress against the audit plan and ensure timely delivery of audits. -Weekly/Monthly Planning and Priorities; Share a forward-looking view of the audit schedule—highlighting planned activities such as walkthroughs, testing, interviews, and reporting timelines. -Assist in handling urgent or sensitive reviews requiring discretion and a focused audit approach.

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About Damac Properties

-Known for transforming skylines with iconic towers, they specialize in residential, commercial, and hospitality projects. -Their portfolio includes high-end apartment complexes, villas, offices, and retail spaces in premium locations. -Their projects include collaborations with world-renowned brands like Versace, Fendi, and Bugatti. -With a focus on quality, luxury, and design innovation, they continue to redefine urban living. -Their work spans across the UAE, Saudi Arabia, Qatar, Jordan, and beyond.

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