Internal Audit Manager

Confidential Company

The Internal Audit function provides independent assurance on the adequacy and effectiveness of internal processes and controls and ensures that material risks are mitigated.

• Assist the Portfolio Head of Audit in defining audit scope areas based on a risk-based approach.
• Prepare Audit Announcement Memos and Risk & Control Matrices for review by the Global Director of Internal Audit.
• Conduct remote and on-site audit fieldwork at various portfolio locations in KSA as required.
• Perform and document audit testing in accordance with internal audit methodology.
• Ensure the portfolio audit plan is executed on time and according to agreed schedules.
• Prepare Audit Reports and present findings to the Portfolio Head of Audit, Global Director of Internal Audit,
• Update management on audit findings and ensure all issues and action plans are agreed with relevant stakeholders.
• Track audit issues proactively by meeting with action owners and suggesting ways to implement or mitigate risks.
• Liaise with SAMA on all audit-related matters, track open recommendations, and validate closure of any issues.
• Assist in preparing internal audit reports for inclusion in Board packs and for submission to SAMA.
• Conduct annual fraud risk assessments jointly with the Fraud Prevention Officer.
• Serve as the designated subject matter expert on matters related to outsourcing of internal audit activities.
• Assist with internal audit administrative tasks as required.
• Maintain a strong understanding of company structures, products, revenue, costs, processes, risks, controls, and ongoing initiatives.