Description

Your new company

Hays have partnered with a leading Investment Firm who are looking to hire an Internal Auditor (Senior Associate) to join their team in Riyadh.

Your new role

Strategy Development and Implementation
Contribute to the implementation of departmental initiatives and execute assigned tasks in alignment with the department's strategy and the company's vision, mission, and corporate objectives.

Support the development and implementation of department strategies to ensure they align with the organisation's vision and mission.

Budgeting and Financial Performance
Support the preparation and consolidation of the department budget and assist in monitoring financial performance against the budget. Help identify areas where actual costs or revenues differ from expectations, flagging any unsatisfactory results and suggesting opportunities for cost savings or improved performance.

Policies, Processes, Systems, and Procedures
Contribute to the development and implementation of departmental policies, systems, processes, procedures, and controls within the assigned function, ensuring all relevant procedural and legislative requirements are met.

Change Management
Support and contribute to change management initiatives by identifying opportunities for improvement within department systems, processes, and practices, considering global standards and evolving business needs that require proactive solutions.

Reporting
Prepare department reports promptly and accurately to ensure they comply with company requirements, policies, and established quality standards.

Related Assignments
Perform additional duties and assignments within the function's mandate as directed.

Audit Execution and Support
Execute risk-based internal audit plans that provide clear, independent assurance on the organisation's internal controls, governance, and risk management, keeping audit priorities in line with strategic objectives.
Deliver concise, evidence-backed audit recommendations on governance, risk, and controls to the Governance, Audit, and Risk Committee, supporting strong oversight and effective decisions.
Coordinate internal audit efforts with external auditors and other assurance providers to improve coverage, ensure consistency, and avoid duplication.
Continuously review and improve internal audit processes to meet international standards, maintain quality, and follow best practices
Track and verify management's corrective actions to ensure timely resolution of audit findings and risks.
Manage targeted audits across financial, operational, and compliance areas to evaluate controls, highlight improvements, and support compliance.
Prepare and present clear audit reports and recommendations to senior leaders and the board, driving action and ongoing improvement.

Key Stakeholder Management
Maintain effective working relationships with the Governance, Audit, and Risk Committee, Board of Directors (BoD), and senior leadership by communicating on key risk and control matters as needed.
Contribute to the advisory process by sharing informed recommendations on internal controls, risk management, and governance enhancements to help guide strategic decision-making.
Coordinate with external auditors and regulators to facilitate audit processes, ensure compliance, and support the timely resolution of regulatory issues.
Assist the Governance, Audit, and Risk Committee and senior leaders in identifying emerging risks and proposing effective mitigation strategies.

Internal Audit Team Development
Ensure adherence to high standards of professionalism and independence, helping deliver dependable results that enhance governance across the organisation.
Support a culture of continuous learning by actively participating in training sessions, staying up-to-date with industry best practices, and sharing knowledge with colleagues to strengthen the overall audit department.
Assist with resource planning by collaborating within the team to ensure audits are delivered effectively and on time, providing practical insights for risk management and decision-making

What you'll need to succeed

Bachelor's degree in Finance, Accounting, or a related field.
Master's degree in Business Administration or a related field is preferred.
Professional certification, such as Certified Internal Auditor, Chartered Accountant (CA), Chartered Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), is preferred.
+3 years of experience
3-5 years of experience in internal audit, external audit, or a related field (e.g., risk management, compliance).
Ethical standards and integrity
Knowledge of the International Professional Practices Framework (IPPF) in audit engagements.
Governance, Risk, and Control Acumen.
Analytical Thinking.
Change Management skills.
Strong verbal and written communication skills

What you'll get in return

Competitive monthly salary package SAR

If you are interested in this role, please apply directly.

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