Description
The Internal Auditor provides independent and objective assurance over operational efficiency, financial integrity, and compliance across GINCO's site projects and head office operations. The role focuses on auditing site payroll, subcontractor payments, central warehouse material controls, and corporate accounting standards. KEY RESPONSIBILITIES & DAY-TO-DAY ACCOUNTABILITIES Audit Planning & Risk Assessment: Formulate risk-based audit programs targeting project sites, procurement cycles, warehouse management, and corporate operations. Subcontractor & Vendor Audits: Perform rigorous audits of subcontractor interim payment certificates, variation claims, back-charges, and vendor procurement contracts. Payroll & Labor Control Audits: Audit labor biometric clocking data, overtime authorizations, Wages Protection System (WPS) files, and physical site headcount verifications. Material Control & Warehouse Audits: Conduct periodic and surprise physical stock audits across central yards and site stores, reviewing scrap sales and material reconciliations. Regulatory & Accounting Compliance: Evaluate compliance with IFRS accounting standards, UAE Federal Laws, corporate Delegation of Authority (DOA), and internal controls. Fraud Investigations & Control Diagnostics: Investigate control deficiencies, whistleblowing disclosures, and conflicts of interest, establishing preventative control mechanisms. Advanced ERP Audit Analytics: Implement Computer-Assisted Audit Techniques (CAATs) in ERP systems to test 100% of journal entries for duplicate invoices and unauthorized changes. Audit Reporting & Follow-Up: Draft comprehensive audit reports with actionable risk ratings and monitor management's timely implementation of agreed remediation measures.