Job Description:
- Lead and develop the internal audit function to evaluate and improve the effectiveness of the internal control, risk management and governance systems, ensuring the protection of the company’s assets, enhancing compliance and reliability of financial reports, and supporting the achievement of the company’s strategic objectives in a safe and sustainable manner.
Key Responsibilities:
- Preparing and implementing the annual internal audit plan based on risk assessment to ensure that all activities with significant risks are covered and support the achievement of the company’s objectives
- Prioritizing audit work based on risk analysis and organizational needs to ensure optimal use of resources and achieve the highest added value
- Supervising the implementation of internal audit tasks to ensure compliance with approved policies, procedures and systems and reduce cases of non-compliance
- Evaluating the effectiveness of internal controls and the reliability of financial reports to ensure the accuracy of information and the integrity of financial and administrative operations
- Identify deficiencies and weaknesses in processes and controls and provide practical, actionable recommendations to improve efficiency and enhance the control environment
- Preparing and submitting comprehensive reports on the audit results to the Audit Committee and senior management to ensure clarity of vision and support corrective decision-making
- Follow up on the implementation of approved recommendations to ensure that feedback is addressed, improves the level of compliance, and reduces operational and financial risks
- Leading and developing the internal audit team through guidance, training and professional supervision to ensure building high competencies and achieving outstanding performance
- Coordinate with external auditors and regulators to support external audits and ensure compliance with legal and regulatory requirements
- Evaluating and managing institutional risks and preparing periodic reports on them to reduce exposure to risks and ensure business sustainability
Requirements:
Advanced knowledge of internal audit standards, internal control frameworks and risk management
Language requirements:
English-fluent
Employment type:
Full Time
Salary Range:
Unspecified
Basic Requirements
Gender:
Male
This Job Available For:
Saudi Only
Minimum Education Level:
Bachelor Degree
Minimum Experience Level:
Entry Level (Less than 1 to 3 Years Experience)
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