Head of Internal Audit

Required Skills

Requires a Bachelor’s degree or higher in accounting, finance, auditing, risk management, insurance, or related discipline. A recognized audit or risk designation is strongly preferred (e.g., CIA, CPA, ACCA, CISA, CII, ACII). Minimum of five years of relevant internal or external audit experience within insurance or another financial institution is mandatory, along with a strong understanding of insurance operations, regulatory frameworks, risk governance, and internal controls.

Job description / Role Job Type Full Time Job Location UAE Nationality Any Nationality Salary Not Specified Gender Not Specified Arabic Fluency Not Specified Job Function Accounting & Audit Company Industry Retail About Al-Futtaim Group Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate. By upholding our values of respect, excellence, collaboration and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day. About Orient Takaful PJSC – Al-Futtaim Group Orient Takaful is seeking a highly qualified and experienced Head of Internal Audit to provide independent, objective assurance on the effectiveness of governance, risk management, and internal controls across the organization, including its subsidiaries. The role will also ensure compliance with applicable CBUAE regulations. Candidate Requirements Education: Bachelor’s degree or higher in accounting, finance, auditing, risk management, insurance, or a related discipline. Professional qualifications: A recognized audit or risk designation is strongly preferred, including CIA — Certified Internal Auditor, CPA or ACCA — Certified Public Accountant or Chartered Certified Accountant, CISA — Certified Information Systems Auditor, particularly where the role oversees IT audits. Insurance-specific qualifications, such as CII or ACII, are advantageous. Experience: At least five years of relevant internal or external audit experience within insurance or another financial institution. Sector knowledge: Strong understanding of insurance operations, regulatory frameworks, risk governance, and internal controls. Key Responsibilities Develop and implement a risk-based annual audit plan, approved by the Board Audit Committee, covering all business activities, including IT, finance, operations, and compliance. Maintain an Internal Audit Charter reviewed at least every 3 years by the Audit Committee. Coordinate with external auditors and regulatory authorities. Independently evaluate the effectiveness of the "Three Lines Model" (business, risk/compliance, audit). Report audit findings directly to the Board Audit Committee, ensuring no "management filtering" of findings. Ensure the independence of the audit function (no involvement in designing, implementing, or operating internal controls). Candidate Experience Guidance We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish. Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our values of respect, integrity, collaboration, and excellence. As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application. Additional Internal Information Reports to: Board Audit Committee Band: H Note: You must have been an Al-Futtaim employee for at least 18 months in order to be considered. You must inform your HR Business Partner in confidence of your application. Please note that this vacancy may be advertised externally in the next week so apply without delay. About the Company Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt. The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery. The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility. Apply Now