Job description / Role
Understand functions and activities, in assigned areas, to determine the nature of the operations and the adequacy of control systems to achieve established objectives including the efficiency with which resources are employed and to identify profit and / or cost-effective improvements.
Participate in the development of audit objectives for audit assignments, to assist the assigned auditor in preparing the audit letter.
Conduct research, analysis & benchmarking for the processes under review.
Participate in the development of audit planning documents such as audit scope, process understanding, audit program etc to ensure all risks are identified and are addressed in the pan.
Identify sufficient, factual, reliable, relevant and useful information to achieve the audit objectives.
Perform testing of internal controls to ensure the design is effectiveness.
Ensure that sufficient documentation is gathered in order to understand the audited business process.
Prepare or assist in preparing working papers, which record and summarize data on the assigned audit areas and the results of the audit examination.
Develop or assist in developing the audit report and recommendations.
Perform follow up audit to verify the adequacy of action taken by the management to correct reported deficiencies on a regular basis.
Assist in developing MIS reports analyzing the status of implementation of management action plan.
Perform or participate in special reviews or ad-hoc assignments as directed.
Prepare minutes of meetings for all meetings attended / participated.
Attend training programs and share knowledge.
Ensure compliance to all relevant safety, quality, and environmental management procedures and controls across the department to guarantee employee safety, legislative compliance, delivery of high-
quality products / service and a responsible environmental attitude.
A minimum of 4 years' of work experience preferably in the area of Internal Audit, Risk, Governance, and Compliance experience in a large organization or in a professional consultancy firm.
A Bachelor's degree in Accounting / Commerce or equivalent is preferred.
A full or partial professional qualification such as ACA, ACCA, CPA, CIA or equivalent of a recognized international accounting / auditing body is desirable.
Knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of s (IIA).
Fundamental knowledge of accounting principles and techniques, financial reporting, controls, risk management, and governance processes.
Advantage of Dredging / Marine industry knowledge
About the Company
By way of a brief introduction to National Marine Dredging Company, in 1976 as a dredging division of ADNOC a board decision was taken to form an autonomous dredging company reporting to its own Board of Directors.
NMDC was founded and commenced trading in its own right on 1st January 1980.
We are a National Company owned 40% by the Government of Abu Dhabi and 60% by UAE Nationals and registered as a public company trading on the Abu Dhabi stock exchange with a registered paid up capital asset value of Dhs 169,000,000-
00.Currently our business is conducted from our modern premises which include multi-discipline workshops, slip ways and a fully support administration and technical departments located in Mussafah, Abu Dhabi with subsidiary office in Zayed the Second St, Abu Dhabi.