Internal Auditor
Job Location : Dubai, UAE
Requirements :
• Above 5 Years of Experience in the Exchange House Sector (must)
• Finance Graduate or relevant field
• Hands on digital Platforms such as MS Office, Power & Excel
• Very Good Communication and reporting skills
Responsibilities:
• Perform and manage the complete audit cycle, focusing on risk management and control over operational effectiveness, financial reliability, and compliance with all relevant directives and regulations
• As an Internal Auditor, conduct thorough inspections at branches. You will be responsible for reviewing transaction documents, including transaction receipts, invoices, and other supporting materials
• Review consumer education and fraud awareness programs
• Determine the scope of the internal audit and develop annual plans
• Obtain, analyze, and evaluate accounting documentation, previous reports, data, and flowcharts
• Prepare and present reports that reflect the results of audits and document the processes involved
• Act as an impartial source of independent advice to ensure validity, legality, and achievement of goals
• Identify gaps in processes and recommend risk mitigation strategies and cost-saving measures
• Maintain open communication with management and the audit committee
• Document processes and prepare memorandum summarizing audit findings
• Report to the owner promptly.
• Conduct regular meetings, as required, to discuss progress, challenges, and quality with the audit committee
• Verifying and confirming that the set daily IMTS limits are appropriate to the size of each branch's business.
• Monitoring turnaround time for customer complaints and investigating reasons for overdue complaints.
• Reviewing procedures for the management of unclaimed funds.
• Conducting fraud incident investigations.
• Performing fraud risk assessments jointly with the Fraud Prevention Officer.