Head of Internal Audit | Orient Takaful PJSC

Job Requisition ID: 181204 

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 A”rab 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.

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 and 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).

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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 HRBP in confidence of your application.
Please note that this vacancy may be advertised externally in the next week so apply without delay.