Director Internal Audit - Majid Al Futtaim Retail - Carrefour Franchisee
Majid Al Futtaim Dubai, United Arab Emirates
Job description
Role Purpose:
We are seeking an experienced and dynamic internal audit leader to work with one of the region’s largest food retailers.
Reporting to the Senior Vice President - Internal Audit, and working with the regional Chief Operating Officers, this position will lead internal audit activities across 5 countries.
In this role you will lead a small team of internal auditors to design and deliver an internal audit plan which adds value to our business.
The ideal candidate will be an internal auditor with a business focused mindset who has worked in an international retail or consumer goods environment.
This role is based Dubai and you will spend up to 40% of your time travelling.
Role Details – Key Responsibilities and Accountabilities:
- Develop a rolling internal audit plan for the 5 countries based on a comprehensive assessment of risks, relying where possible on management’s assessment. Updating the internal audit plan based on changes to the risk profile and emerging risks.
- Maintain a high level of strategic foresight by identifying audit client and business needs and recommending internal audit plan changes accordingly.
- Manage the execution and quality assurance of risk based internal audits across the 5 countries covering support functions and core retails areas (assortment mix and merchandise planning, pricing, marketing and promotions, supply chain, store operations, etc.
- Overseeing the work of specialist internal auditors including IT, SCM, food safety and outsourced providers where required.
- Keep SVP Internal Audit informed of audits assessed as high engagement risk.
- Build relationships with the respective COO and country heads to stay at the forefront of changes to the business and to promote the value of internal audit.
- Facilitate workshops with key executives in the region & countries to identify appropriate solutions for recurring or thematic audit issues.
- Drive continuous improvement initiatives and coordinate sharing of information and best practice across the region.
- Review internal audit reports that communicate to thematic / systematic issues relating to enterprise risk. Analyzing root causes where applicable.
- Mentor and coach internal audit team members and conduct internal training events.
- Monitor the status of the implementation of high priority management action plans (corrective actions).
- Provide advisory services at the request of management.
- Submit periodic progress reports to the SVP – Internal Audit, COO and country managers.
- Carry out any other duties assigned by the SVP – Internal Audit.
Personal Characteristics and Required Background
Skillset (job specific technical skills and behavioral competencies needed):
- Extensive practical experience identifying, assessing and responding to business risks.
- A solid understanding of retail and/or consumer goods processes and risks gained from working as part of an internal audit function or in consultancy. Candidate must have experience working in a complex business in a developed market.
- A track record of achievements in an internal audit role.
- A solid understanding of the IIA Standards.
- A strong track record for supporting the development of team members.
- A history of improving oneself through learning / professional development.
- Strategic thinking and analytical insight.
- Excellent written and spoken English language skills.
- Strong leadership and interpersonal skills.
- Experience in IT systems audits (preferred).
- Experience with internal audit data analytics (preferred).
- Experience auditing change projects and initiatives (preferred).
Minimum Experience:
- A minimum of 10+ years of internal audit or related (internal controls) experience. Core internal audit experience should not be less than 8 years, of which at least 4 years should be at a managerial role with a focus on strategic and operational risks.
Minimum Qualifications/education:
- A bachelor’s degree from an accredited 4 year college or university.
- A professional qualification/designation in internal audit or risk management (e.g. CIA).
