Audit Planning and Execution:

• Develop and implement annual audit plans, including risk assessment, audit scope, and objectives, in alignment with UAE regulatory requirements.

• Conduct internal audits in accordance with the audit plan to ensure compliance with company policies, procedures, and UAE regulatory requirements.

• Perform audits on various operational, financial, and compliance processes within the company, ensuring adherence to UAE laws such as the Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT) and other relevant legislation.

Risk Management:

• Identify and assess areas of significant business risk, considering the specific business environment and regulatory landscape in the UAE.

• Provide recommendations for improving internal controls to mitigate identified risks, ensuring alignment with UAE regulatory standards.

• Monitor and report on the implementation of audit recommendations, with a focus on compliance with UAE regulations.

Reporting and Communication:

• Prepare detailed audit reports with findings, implications, and actionable recommendations, ensuring clarity and relevance to the company policy and controls

• Present audit findings to senior management and the Board of Directors, highlighting any noncompliance with company policy.

• Maintain open communication with management and the audit committee regarding audit issues and status, particularly those that relate to UAE regulatory compliance and company policies.

Continuous Improvement:

• Stay updated on industry trends, UAE regulatory changes, and best practices in internal auditing and risk management.

• Provide training and guidance to staff on internal controls and audit processes, emphasizing compliance with UAE regulations.

• Contribute to the development of policies and procedures to improve internal controls and operational efficiency, ensuring they meet UAE regulatory standards.

Compliance:

• Ensure compliance with local, state, and federal regulations, specifically UAE laws and regulations.

• Evaluate the company's compliance with established internal policies and procedures, with a particular focus on UAE regulatory requirements.

• Conduct special audits and investigations as needed, ensuring they address any specific regulatory concerns in the UAE.