Established in 2004, Dubai Holding is a global investment company with investments in more than 34 countries and a combined workforce of nearly 45,000 individuals. In line with the vision of Dubai’s leadership and economic diversification strategy, Dubai Holding companies have nurtured sectors, irrevocably transforming Dubai’s socio-economic landscape and positioning Dubai as a diversified, globally integrated economy.

Dubai Holding is committed to the diversification of Dubai’s non-oil economy. Our portfolio, valued at over AED 284+ billion, spans 10 sectors, including real estate, hospitality, leisure & entertainment, ICT, design, education, media, retail, manufacturing & logistics, and science.

For the Good of Tomorrow

Dubai Holding is looking to hire a Senior Manager – Investments Audit reporting to the Chief Internal Audit Officer. The role holder will be responsible to provide independent and objective assurance and make recommendations on the effectiveness of the Group’s corporate governance, risk management and internal controls and to carry out activities in accordance with the Group-wide Audit Manual and International Professional Practices Framework of Internal Audit; and to implement the Group’s audit department strategies efficiently and effectively to conform audit operations within Dubai Holding.

If you’re ready to embark on a dynamic journey where your talents are valued, and your contributions make a real impact, we would like to hear from you.

Key Accountabilities:

• Develop and implement the Internal audit strategy, in line with the DH Chief Internal Audit Officer’s guidelines.
• Develop the annual audit plan using risk-based prioritisation, and recommend the effective allocation of people, time, budget and resources in order to ensure that audit initiatives are carried as per the set timelines, budget and standards.
• Assess potential and actual risks as identified by the audit reviews, as per the DH Audit Manual, and formulate recommendations to mitigate them in a timely manner.
• Perform audits and review the audit reports to ensure their compliance with the audit standards as well to endorse the findings, conclusions and required corrective/preventive actions in order to ensure that best-fit, practical and value-added audit recommendations are presented to the business.
• Provide guidance and expertise to key process owners on the implementation, or participate in appraising the adequacy, of the corrective action plans initiated against the relevant audit recommendations in order to ensure that risks are mitigated in a pro-active and timely manner.
• Review and evaluate controls, risks and compliance of management operations and activities on:
• The reliability and integrity of financial and operating information.
• Policies, plans, standards, laws, and regulations that could have significant impact upon operations.
• Safeguarding assets, including tests of existence and ownership as appropriate.
• Effectiveness and efficiency in the use of resources (operational audits).
• Effectiveness in the accomplishment of objectives and goals.
• Oversee the implementation of DH anti-fraud framework and recommend improvements. Maintain an up-to-date fraud log and prepare periodic reports for DH Chief Internal Audit Officer and CIO.
• Direct and oversee the research, analysis and benchmarking process for internal audit practices to ensure their continuous improvement based on global industry practices and world-class standards.
• Contribute to the achievement of the IA department budget.
• Oversee the implementation, recommend improvements to departmental policy, and manage the implementation of procedures and controls covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that DH Group delivers world class services, excellence, and innovation.
• Ensure compliance to the Health, Safety and Environment standards affecting the Internal Audit function.
• Recommend improvements to departmental policy and manage the implementation of procedures and controls covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that DH delivers world class services, excellence, and innovation.
• Any other duties as may reasonably be requested by DH CIAO and DH management

People Management:

• Provide leadership within the function, setting individual objectives.
• Continuous development initiatives within the capability requirement and service priorities of the function.
• Build and promote customer centric culture, encouraging innovation within the team.

Who we are looking for:

• Minimum 10 years of relevant experience in internal and/or external audit preferably in the ‘investments’ domain or an investment banking experience.
• Previous experience within one of the “Big 4” or reputed Investments and Asset Management firms preferred.
• Experience in investment reviews (strategic asset allocation, investment and divestment reviews including alternative investments, performance and risk reviews, compliance and ethics etc.) is mandatory.
• Experience of working in an international capacity and a solid understanding of cultural and market differences (especially those of the Middle East and Asia).
• Strong understanding of governance models, audit and audit reporting best practice in the respective Industry Domain.
• Strong understanding of investments process and the financial sector.
• Good understanding and exposure of a diversified group’s having different business verticals and lines of business.
• Analytical mindset with attention to detail and the ability to interpret complex financial data.
• Strong inter-personal skills and an ability to connect with people at all levels to drive successful relationships.
• Ability to work independently and as part of a team.
• Essential: Excellent English written and verbal communication and interpersonal skills and Excel skills.
• Desirable: Experience of ERP software, financial software and tools to perform financial modelling, data analysis and general understanding of AI and machine learning tools

Education/ Professional Certification:

Essential

• Bachelor’s Degree in Accounting, Business or equivalent from an accredited and renowned University.
• CFA Professional Certification along with other professionals qualifications such as CA, CPA, CIA, CFE or CISA

Desirable

Master’s Degree in Accounting, Business or equivalent from an accredited and renowned University.

Technical Competencies:

• Comprehensive understanding of Internal audit methodologies and IA reporting for Investment Management.
• Strong risk management and forensics know how.
• Financial accounting and management accounting practices and principles.
• Adequate knowledge of legal requirements within the UAE, international internal audit standards and requirements.
• Excellent service delivery and process management skills.
• Excellent analytical capabilities.

Behavioural Competencies:

• Customer Focus
• Results Orientation
• Business Awareness
• Curious & Creative
• Sense of Urgency
• Adaptability & Flexibility
• Builds Relationships
• Empowerment
• Problem Solving & Decision Making
• Planning and Organizing
• Communication Skills
• Teamwork

As much as we would be delighted to entertain all applicants, due to the high volumes of applications, only successful applicants will be contacted within 14 business days.

This job description is not all inclusive. Dubai Holding reserves the right to amend this job description at any time. Dubai Holding is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.