Director - Internal Audit

Company : Presight

Job Type : Full Time

Abu Dhabi

Number of Applicants

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000+

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Job Description - Director - Internal Audit

Overview Job Description: Internal Audit Director The Opportunity: The Internal Auditor will play a crucial role in assessing and ensuring the effectiveness of our internal control systems, risk management processes, and compliance with corporate governance standards. This position will primarily focus on providing independent assessments and recommendations to the Audit and Risk Committee and the Board of Directors. We are committed to excellence in all aspects of our operations and are seeking a talented and experienced Internal Audit Director to join our team. About Presight Presight, an ADX-listed public company limited by shares whose majority shareholder is Abu Dhabi company G42, is the region's leading big data analytics company powered by Artificial Intelligence ('AI'). It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. With its world-class computer vision, AI and omni-analytics platform as its engine, Presight leverages all-source data to support insight-driven decision making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Responsibilities Key Responsibilities:
Act as liaison between the Company and the Committee to ensure the governance processes are in line with the governance framework and is operating as intended.
Evaluate the Company's financial statements (annual and interim) for completeness, consistency with known information and compliance with international accounting principles and standards.
Review audit engagements with Executive Management and external auditors, addressing audit difficulties, scope restrictions, and any substantial audit-related amendments.
Evaluate and understand the organization's business strategy to determine key risks, including emerging and systemic risks.
Independently assess the identification and management of these risks within the organization, in line with compliance frameworks and practices.
Exercise judgment to prioritize areas for audit coverage and determine audit cycle frequency and methodology.
Develop and maintain the internal audit plan in alignment with the organization's objectives, in collaboration with internal and external stakeholders.
Seek approval from the Audit and Risk Committee for internal audit plans and any material changes to them.
Maintain flexibility in the audit plan to address unforeseen events and prioritize emerging risks. Review audit plans, coordination with internal audit, terms of engagement, findings, ensuring independence and transparency.
Lead the planning and execution of audit engagements, overseeing the relationship with external auditors and prepares comprehensive reports for presentation to the Audit and Risk Committee.
Provides the technical expertise on any assigned duties and is responsible for updating the knowledge base and skills required for the execution of the internal audit assignments on a regular basis.
Highlight significant control weaknesses and breakdowns, providing robust root-cause analysis.
Identify and report thematic issues observed across the organization.
Independently assess the organization's risk management reporting and management's remediation plans, highlighting any significant delays.
Applies international auditing standards in evaluating adequacy and effectiveness of operating systems and controls and prepares audit reports detailing audit findings and recommendations.
Conduct a thorough review of 'lesson learned' analyses in the event of significant adverse events within the organization.
Organise and coordinate committee meetings, every quarter, or when requested by Shareholders, Board, Finance or External Auditors. Preparing company financials and relevant documentation for each meeting or when required.
Keep abreast of developments in the field by engaging in professional development activities.
Comply with QHSE (Quality Health Safety and Environment), Business Continuity, Information Security, Privacy, Risk, Compliance Management, and Governance of Organizations policies, procedures, plans, and related risk assessments.
Qualifications Requirements :
Bachelor's degree in Finance, Accounting, Business, or a related field.
Professional certification such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) and active membership in a relevant professional association is required.
12 - 15 years of proven experience in in internal auditing, risk assessment, and control evaluation.
Strong understanding of corporate governance standards, audit methodologies, and best practices.
Excellent analytical, communication, and presentation skills.
Ability to work independently and collaborate effectively with cross-functional teams.
Critical thinking and problem-solving skills.
Attention to detail and accuracy.
Strong organizational and project management abilities.
Ethical and confidential approach to work.
Proficiency in audit software and data analysis tools is a plus.
Reporting Structure: The Internal Audit Director reports directly to the Audit and Risk Committee What we look for: If you are a performance-driven, inquisitive mind with the agility to adapt to ambiguity, you will fit right in. You should be eager to explore opportunities to build meaningful collaborations with stakeholders and aspire to create unique customer-centric solutions. Bias for action and a passion to conquer new frontiers in the AI space is at the heart of the Presight community. What working at Presight offers: Culture: An open, diverse and inclusive environment with a global vision that encourages personal growth and focuses on ground-breaking, industry-first innovations. Career: Outstanding learning, development & growth opportunities via structured training programs and innovative, high-tech projects. Rewards: A competitive remuneration package with a host of perks including healthcare, education support, leave benefits and more.