• To conduct reviews of operations, functions, finances, management, and compliance within the company that will enable it to drive forward in achieving its mission and vision.
• To work in co-ordination with Internal Audit Head and overlook function of Operational and Functional Audit.

Responsibility:

1. Risk Assessment

• Identifying and analyzing risks to the achievement of objectives, ensuring that the organization understands the risks it faces and takes steps to address them
  • Identifying significant risks (financial, operational, compliance)
  • Assessing the likelihood and impact of each risk
  • Determining risk mitigation strategies
  • Ensuring that new or emerging risks are regularly reviewed

1. Control Activities

• The actual policies and procedures are implemented to mitigate risks and achieve objectives.

1. Information and Communication

• Ensuring the right information flows through the organization, so employees can perform their duties effectively and decisions are based on accurate data.
  • Clear communication of policies, procedures, and responsibilities to all levels of the organization.
  • Timely dissemination of relevant information to management for decision-making.

1. Monitoring Activities

• Regular assessments of the internal control system to ensure it remains effective and aligned with the organization's objectives.
  • Ongoing monitoring of day-to-day activities (e.g., reconciliations, reviews).
  • Periodic internal and external audits to assess the effectiveness of controls.
  • Tracking and addressing any identified issues or weaknesses promptly.
  • Continuous improvement of internal controls based on audit results or process reviews.

1. Compliance with Laws and Regulations

• Ensuring the organization adheres to applicable laws, regulations, and internal policies, particularly in areas such as finance, health and safety, data protection, and environmental standards.
  • Regular updates and training on compliance requirements.
  • Compliance audits and assessments.
  • Policies and procedures to prevent legal violations and regulatory breaches.
  • Regularly monitoring changes in laws and regulations to keep controls updated.

1. Operational Efficiency and Effectiveness

• Ensuring that operations are performed efficiently and that resources are used in an optimal manner to achieve the organization’s goals.
  • Streamlining processes to reduce redundancies and inefficiencies.
  • Identifying areas where processes could be automated for greater efficiency.
  • Regularly Reviews of Departments MIS to make sure completion of KPI’s on timely manner.

Qualification:

An ideal Manager – Internal Audit should have At least 7 to 9 years of experience in internal audit or related roles such as external audit, risk management, or compliance with Strong analytical, problem-solving, and critical-thinking skills.

“Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, the Apparel Group caters to thousands of eager shoppers through its more than 1750+ stores and 75+ brands across all platforms employing 17,000 multicultural staff covering four continents.
Apparel group has carved its strong presence not only in the UAE, Kuwait, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines. Also, Apparel Group provides customers the experience of shopping from the comfort of their own home with ease and convenience via our E-Commerce site 6thStreet.com
Apparel Group Operates Brands from around the world, originating from USA, Canada, Europe, Australia, Asia and include leading names in Fashion, Footwear & Lifestyle such as Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie’s Italian to name a few and other key brands include Tim Hortons, Cold Stone Creamery, Inglot, Rituals etc..
The Apparel Group owes its amazing growth to the vision and guidance of its dynamic Chairman, Nilesh Ved, who has taken the company from strength to strength since its inception in the last two decades.”